IRONFIST set out to create a novel, economical, and efficient solution that streamlines the attorney-based approach by partnering with prominent consumer protection attorneys who leverage their past success against predatory lenders. If done in sufficient volume, the legal team would benefit from common borrower fact patterns (albeit not identical) and repeat player lenders and these attorneys could work efficiently and keep costs low. In addition, IRONFIST can further reduce legal costs by having clients work with specialists who compile a file for the legal team, thereby further reducing legal billing.
The IRONFIST team has gotten thousands of families out of abusive contracts over the last two decades. IRONFIST strives to do more and more in this field including eventually impacting public policy and the way consumer services are structured and sold. In addition, IRONFIST can be a trailblazer in exposing the predatory and manipulative lending practices in this arena. IRONFIST aspires to become a benefit corporation and certified B corp, espousing the values of social entrepreneurship.