Ariel Fredzess

Remynt is a debt recovery company that enables creditors to recover revenue from non-performing delinquencies while enabling consumers to rebuild their credit by repaying debt through a credit reaffirmation product. By acquiring delinquent/charged-off consumer debt, Remynt allows consumers to regain credit, create savings, access financial management tools, be part of a stimulating community, and earn rewards for repayment. The company targets the $40B+ and growing U.S. charged-off consumer loan products (auto, credit cards, and personal loans) with a capital-efficient, highly scalable business model that generates two-sided consumer revenue. First, as consumers repay their debt secured for pennies on the dollar, and 2) when they become long-term credit card holders, from interchange and additional products and services. American consumers pay more than $70 billion yearly on past-due/charged-off accounts.