Bravera Bank


Get Out of Debt


How It Works

Managing debt is the best way to find financial freedom. This Coach session acts as a virtual Debt Coach, providing useful strategies to manage your personal debt situation and create a plan to pay off your debts using the debt snowball or avalanche methods.

To begin the Coach session: Select Get Started. Next, follow along, answer questions, and provide information when asked. Make sure to have the details of your debt ready; this includes the types of debt and the amount you owe, minimum payment, and interest rate for each debt.


What is a Debt Coach?

A debt coach or financial coach is an expert that can help you with your finances, specifically with getting out of debt. The Banzai Get out of Debt Coach is like a conversation with a virtual financial advisor that will inform you of the strategies and approaches that will best fit your situation.

How Long Will It Take Me to Get Out of Debt?

The length of time it takes to pay off your debt will vary greatly depending on the total that needs to be repaid and how much you can contribute toward it per month. Making consistent payments and avoiding adding to your existing debt will help ensure that you get out of debt as quickly as possible.

What Is the Best Way to Get Out of Debt?

There is no one size fits all approach to getting out of debt. It’s best to personalize your approach to your specific situation. Common strategies, though, include the debt avalanche and debt snowball methods. To learn more about what will work best for you, use the Get out of Debt Coach above.

 


Monitor Your Credit

Bravera Bank, together with Kroll, can help you monitor your credit with ID Theft Smart services. With several monitoring options, we will notify you in real time about activity relating to your credit and identity. 
 
 

 



Disclaimer
While we hope you find this content useful, it is only intended to serve as a starting point. Your next step is to speak with a qualified, licensed professional who can provide advice tailored to your individual circumstances. Nothing in this article, nor in any associated resources, should be construed as financial or legal advice. Furthermore, while we have made good faith efforts to ensure that the information presented was correct as of the date the content was prepared, we are unable to guarantee that it remains accurate today.

Neither Banzai nor its sponsoring partners make any warranties or representations as to the accuracy, applicability, completeness, or suitability for any particular purpose of the information contained herein. Banzai and its sponsoring partners expressly disclaim any liability arising from the use or misuse of these materials and, by visiting this site, you agree to release Banzai and its sponsoring partners from any such liability. Do not rely upon the information provided in this content when making decisions regarding financial or legal matters without first consulting with a qualified, licensed professional.











Questions? We're here to help!

Whether you need help building your credit or are interested in our credit card offerings, our advisors are here for you. Call us at 877-483-6811 or contact us online