MADISON, Wis. -- The Filene Research Institute said it completed the sale of Debt in Focus tool to San Francisco-based SavvyMoney, a comprehensive resource company providing tools, information and a fully-automatic debt reduction plan, to help individuals get out of debt quickly.
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More than 500,000 consumers have received financial assessments, workable budgets, and actionable guidance through 300 credit unions since Debt In Focus was publicly launched in April 2010.
SavvyMoney is a comprehensive resource for people paying off debt and taking control of their finances. The company offers "do it yourself" tools and advice to expedite debt pay off of debt.
Financial terms of the sale were not disclosed.
