AI · Personal finance
How to use AI to get organized and out of debt
AI doesn't pay debts, but it helps you see them: list what you owe, set priorities, build the budget and prepare to negotiate with the creditor.
bairogonzalez.com team, drawing on Bairo's story · Published
Artificial intelligence doesn't make debt disappear, and be wary of anything that promises it will. What it does, and does well, is help you see the real size of the problem, which is the first step to getting out of it. It organizes the list of what you owe, explains interest and contract terms, helps build a workable budget, suggests an order of priority and prepares you to negotiate with the creditor. Many people put off looking at their debts because it's frightening. With a patient tool by your side, looking gets less heavy.
Organizing isn't promising. But no one gets out of a hole without first measuring how deep it is.
Why AI is not a chatbot
A collections robot is a chatbot. The AI this text is about works on your side, not the creditor's: it helps you understand, calculate and prepare.
In Bairo's view, AI is an extension of your mind: it expands your ability to organize and think calmly at a moment when your head is full. In his words, "artificial intelligence is an extension of the human, not the problem."
Step by step today
- Find out everything you owe. Registrato, a free Central Bank service, shows loans and financing in your name. Also gather overdue bills, credit cards, installment plans and debts to people.
- Build the list with the AI, without personal data:
These are my debts: [for each one: type (credit card,
loan, electricity bill...), total amount, installment, interest if
I know it, months overdue]. Organize them in a table and calculate the total.
Don't use any bank or person's name, just the types.
- Understand what each debt costs. Ask the AI to explain, in simple language, why revolving credit card balances and overdrafts tend to carry very high interest, and what each term in your contract means.
- Set priorities. In general, first come the ones that secure your home and the essentials (rent, water, electricity, food) and those with the highest interest. Ask:
Based on this table, suggest an order for me to prioritize
payments, explaining the reason. Consider that household essentials
come first. Don't suggest a new loan or an investment.
- Build a real budget. List what comes in and goes out each month and find out how much is truly left to pay debts.
- Prepare the negotiation:
I'm going to negotiate a [type] debt of [amount]. I can pay
[amount] a month. Write what I should ask the creditor,
what to request in writing and a polite message proposing an agreement.
- Use official channels. Go to the creditor itself, Procon, the Public Defender's Office and renegotiation drives. If your debts already compromise the minimum you need to live, the Over-Indebtedness Law (Law 14,181/2021) can help; ask for guidance.
- Follow up every month. Take the updated table to the AI and watch the total shrink.
How Bairo did it
Bairo Leandro Gonzalez Martinez knows debt and going broke from the inside. He says he joined as an investing partner in a company that wasn't what it seemed, and that the business went under with fifty people depending on him. Instead of complaining, he decided to try what he didn't know how to do.
Years and many falls later, without money and without knowing how to code, he spent six months at home, in front of the computer, building the foundation of the platform and the artificial intelligence of CEASA Bank, a financial platform for agribusiness. For him, every no is the ground of a yes, but only after you look the no in the face, with the numbers on the table.
Precautions
Money and bank data call for double attention: never send a password, card number, statement with your name or documents to the tool; be wary of anyone promising to "clear your name" for an upfront payment; check interest and rights with the creditor itself, Procon or the Public Defender's Office; don't use AI to choose a loan or an investment; and remember that it may start from assumptions that aren't your reality. If debts are robbing you of sleep or of the will to live, call CVV at 188; no one needs to go through this alone.