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"Offer to Creditors" auto-calculation coming in SOA Calculator shortly
Clariman
Posts: 1,484 Forumite
I am in the final stages of adding in an automatic calculation of pro-rata "Offers to Creditors" in the SOA Calculator. It will be in the form of a new output page with a Summary SOA, together with the proper pro-rata offers that should be made to each creditor when you are trying to negotiate a DMP. The idea is that you can print out the new page and send it to all your creditors with a covering letter.
Note that a DMP is not suitable for all circumstances. It is of use when you can't meet all the minimum credit card payments but you do have some money to spare to pay something off them.
If anyone is interested in testing it, let me know.
Clariman
Note that a DMP is not suitable for all circumstances. It is of use when you can't meet all the minimum credit card payments but you do have some money to spare to pay something off them.
If anyone is interested in testing it, let me know.
Clariman
Author of the first Stoozing FAQ on the Internet and Creator of the SOA & Snowball calculators at Lemonfool.co.uk
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Comments
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Thanks Clairman
I'm on a DMP so if I can be of helpPROUD TO BE DEALING WITH MY DEBT NERD #869
DFD 5/1/16Numpty,Not sure why but I'm crying
. Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & 
for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
xx0 -
Thanks. Have sent you a PM with a link to the test version if you want to have a try at it.
Cheers
ClarimanAuthor of the first Stoozing FAQ on the Internet and Creator of the SOA & Snowball calculators at Lemonfool.co.uk0 -
Sounds good Clariman.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
I remember you mentioning you were putting this in.
Good job.
Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
I've changed from a monkey to a guinea pig:rotfl:PROUD TO BE DEALING WITH MY DEBT NERD #869
DFD 5/1/16Numpty,Not sure why but I'm crying . Of all the peeps on this board you're the kindest & most supportive of all & I'm :mad: & for you all at the same time . Wish I was there to give you a big :grouphug: & emergency hobnobs
xx0
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