Hi Everyone,
Just wanted to announce a new service that may be of interest. Essentially it is a DIY DMP! A do-it-yourself debt management plan.
Andy has suggested I announce it here after I explained that the service was completely free with no set up fees and no monthly management fees.
To set up your DIY DMP:
-Create free account on
www.debthelpcharity.com
-Enter in finances to get summary sheet
-Print out the automated letters
-Send out the letters and payments to creditors
-Record notes and the status of your DMP in your client area of debthelpcharity.com
The site is completely free to use (if you use a commercial company to do your DMP then you will pay 1 to 2 months set up fees and a 15% management fee everymonth).
However it is DIY. This means that people who use the service will have to send off cheques to creditors themselves (rather than paying a single fee to a company who then pays the creditors).
There is a forum to discuss any DMP set up problems.
For more information, please visit the site.
Steve, DebtHelpCharity.com