The money you have saved in your Contribution Account is what you have to resolve your accounts. You are free to begin negotiations with your creditors at any time. Sometimes it can be confusing or overwhelming to know when it is the right time to make an offer to a certain creditor. And figuring out how much to offer can be even more puzzling if you are not familiar with the negotiation process. Luckily, you have UGotiate to help you with this! UGotiate will alert you when it may be time to send an offer to your creditor*
In order to send you this type of alert, UGotiate will analyze your current contribution balance, your mix of creditors and current industry trends to notify you when it may be time to begin negotiations with one or more of your creditors.
Should your Contribution Account Balance not be accurate in UGotiate, you will not receive accurate alerts. This may lead to you missing out on an opportunity to resolve one of your accounts. That is why it is very important to always keep your Contribution Account Balance updated.
UGotiate will ask you each month to update your balance, but you can update whenever it is convenient for you as shown in the image below
*Alerts provided by UGotiate are only suggestions. You alone are in control of your debt, offers, negotiations and any decisions you make about your accounts.