How will I know when to make an offer?

In UGotiate, you will receive alerts in your To Do List when it may be time to make an offer to a creditor.  Just because you are alerted to the offer, it doesn’t mean that you need to act on it, it is merely a suggestion.  You can follow UGotiate’s recommendations, or you can select when to make offers on your own.  Keep reading for more information about these options.   

UGotiate recommended offers:  When it may be time to make an offer on one of your accounts, you will receive an alert in your To Do List as shown below in the image below.  UGotiate will make suggestions based on the amount you have in your Contribution Balance compared with your creditor balances.  So, if you do not keep your Contribution Account or Creditor’s balances updated, the suggestions will not be that accurate.  UGotiate will recommend sending offers to a creditor as money builds up in your Contribution Accounts.  So, your lowest balance account will be the first creditor to be recommended.

Take some time to review all suggested offers carefully before making a decision if you want to proceed with the offer or not. 

You select offers on your own:  You can select to make offers to any of your creditors at any time – even if UGotiate has not recommended making an offer yet.  UGotiate will guide you through making an offer on your own, alerting you if you have enough funds available and what the recommended offer amount is for each creditor.  There are many variables to consider when selecting which creditor to make an offer to and when. 

Should you select to decide when to make offers on your own, you should read:  ‘How do I select which creditor to make an offer to first, second, etc’.