Harish Parmar, Founder, SingleDebt

At SingleDebt, we understand the importance of technology in the world of debt management. Our in-house developed snowball effect calculator is a perfect example of how technology is helping us cater to our clients in a more efficient and effective way. By using various algorithms such as total outstanding, loan tenure, missed monthly payment numbers, and loan stage, we ensure that our clients' disposable income is distributed to their creditors in the most strategic way possible. Our snowball effect calculator helps us prioritize paying off loans based on these criteria, enabling us to clear outstanding debts from small to large amounts while keeping a close eye on the parameters that matter most. Through our technological advancements, we are able to offer our clients the best possible solutions for their debt management needs, ensuring they can achieve their financial goals and live a debt-free life.