Derek Pankaew

Empathize - Manage your credit cards & loans in 1 place

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Empathize.com lets you create a plan for getting out of debt, and pay all your cards & loans in one screen. You'll know which cards to pay off first to save money, as well as the exact date you'll be at $0 debt!

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Johnny Dallas
This looks awesome. Here's hoping I never _have_ to use it, but when I do I'll be here ๐Ÿ˜…
Derek Pankaew
@_johnnydallas_ Haha, sounds good Johnny! We'll be here if you ever do need to use it
Jay Rosenkrantz
Wow this looks incredibly useful and easy to use.
Derek Pankaew
@jay_rosenkrantz Thanks Jay! If you give it a try, let me know how you like it :)
Dave Fontenot
Seeing products like Empathize is so refreshing. So much of SV is focused on building solutions for the SV bubble. Student loans are one of the biggest problems impacting every day Americans. Considering 40M+ Americans are still trapped in their student loans, I hope way more engineers take it upon themselves to tackle parts of this problem. Empathize is a great start. Where do yโ€™all plan on going from here?
Derek Pankaew
@davefontenot - We're going to focus on making our existing features really good, then focus on growth + getting feedback from users. One commonly requested feature is the "one master payment", where we just pay the users' bills for them across all their cards. That will take a good while to implement.
Hatchexa
Hey that's vary useful.. Which tracker you use to track visitors? Why not you use a privacy Analytics like alpodo.com which secure your users data..
Derek Pankaew
@hatchexa We're using Google Analytics + Amplitude. Alpodo looks interesting, but it looks like a pretty new product. And GA's free, so :P
Anna Van Tuinen
Wow, I wish I had access to Empathize when I was paying off student loan debt, instead of blindly calculating what to pay off when. This tool seems to bring a lot of clarity to a situation which can otherwise feel daunting and shameful.
Derek Pankaew
@anna_van_tuinen Thanks Anna! :) When I had a bunch of debt, I mostly just buried my head in the sand. It took a lot of spreadsheeting to understand what was going on with my finances. Glad you like the idea!
Steven Rueter
I think the name says it all. The video was great and very informative, and the mission/purpose solves a real need. Very cool.
Derek Pankaew
@rueter Thanks Rueter! :)
Lucy Guo
So proud you finally launched! What are the alternatives people are using at the moment and how is this better? :)
Derek Pankaew
@lucy_guo Thank you Lucy! Really appreciate your support :) Current alternatives: - Mint.com - Personal Capital - You Need a Budget The main thing that's different is that nobody's really focused on the high debt market. Mint doesn't show you APR, or let you make payments. Personal Capital is focused on high networth individuals. We're focused on the other end of the spectrum, which is currently underserved.
Sia Mohajer
Awesome stuff man, how are you planning on onboarding initial users?
Leanne Beesley
This is so so needed - it's awesome to see this solving a real problem in the world. Such a intuitive, easy to navigate interface too!
Kevin Quinn
?makers cool concept, would be even more enticing for people to pay for your product if you incorporated 0% APR offers or resources on how to best use them. I have heard of people who had success dealing with credit card debt by rolling balances between low or 0 interest offers, if you could get that working that would save people tons and more than justify the expense of your recurring cost