5 ms·
$25/month and especially $100/month seems a bit steep for people who are so much in debt they have to manage their debt collectors.
by blux 13y ago
$25/month and especially $100/month seems a bit steep for people who are so much in debt they have to manage their debt collectors.
- sarahnadav 13y agoI am flexible about the price, I'd love to do it for free... Most people pay about $100 per month to an attorney to do the same thing so I tried to make it affordable.
- sarahnadav 13y agoI am also adding in a "free4ever" coupon. It's just not up yet
- Spooky23 13y agoNot necessarily. Debt isn't just college students and poor folk. Job loss, divorce, health issues, etc can easily put you in a situation where the bills fall behind and you have a cash flow crunch, but you're not destitute. I had a friend in a situation like this, and managing the various deals (payment arrangements, forgiveness programs, deadlines, etc) was very difficult. Paying $50/mo to manage this stuff would have saved her lots of money in fees and interest.
- sarahnadav 13y agoThanks Spooky23, I spent a lot of time working with people on one one so I know how much people are paying- and how much money people are losing because they aren't dealing with the issue. For a lot of people, it's worth it just to have the peace of mind that a collection agency will never call them again.
- sarahnadav 13y agoSpooky23 is also right because we've done a lot of research and most people in debt are 25-44 working, educated, and upwardly mobile (if they weren't being dragged down by debt) usually they got into debt because of job loss or medical crisis.