Debt Reduction Planner has unrealistic first payment [2005 Dlx]

#4 07-28-2005, 02:20 AM

Yep, all under the credit limit

"Chris Cowles" wrote:

- quote -

> And is the balance below the credit limit?
> "Chris" <Chris[at]discussions.microsoft.com> wrote in message
> news:57A51289-3560-4F54-AC58-6ED7B7A7EE27[at]microsoft.com...
> > Yes, each credit limit is over 1000.

#3 07-28-2005, 02:12 AM

And is the balance below the credit limit?

"Chris" <Chris[at]discussions.microsoft.com> wrote in message
news:57A51289-3560-4F54-AC58-6ED7B7A7EE27[at]microsoft.com...
- quote -

> Yes, each credit limit is over 1000.

#2 07-27-2005, 11:14 PM

Yes, each credit limit is over 1000.

Chris

"Chris Cowles" wrote:

- quote -

> Is the credit limit non-zero in all accounts included in the DRP?
> "Chris" <Chris[at]discussions.microsoft.com> wrote in message
> news:0063EFF8-0967-4976-A2BE-9D11E6AD5319[at]microsoft.com...
> > I've seen other posts on this board mentioning this would happen if there
> > are
> > payments in the current month as opposed to the next month. I've assured
> > there are no payments this month, as they have all passed.
> > > The problem is I've set up my desired date, included the accounts I want
> > to
> > whittle away, and pressed next...
> > > What I saw was a payment at the beginning of the month just about 40% more
> > than the paycheck I'd be getting the day before its due! More importantly,
> > I
> > do have [other] bills to pay, LOL.
> > > I guess what I'd like to know is what does DRP actually look at to
> > determine
> > what types of payments are possible? Does it look at the existing budget I
> > have in place, my bills, my scheduled income via paychecks? Is there
> > anything
> > I can look at to see if it's not seeing something?
> > > I've already tried the Reset Plan option with no change in the first
> > whopper
> > of a payment.
> > > Thanks in advance for any help you can offer!

#1 07-27-2005, 04:27 PM

"Chris" <Chris[at]discussions.microsoft.com> ¦b¶l¥ó
news:0063EFF8-0967-4976-A2BE-9D11E6AD5319[at]microsoft.com ¤¤¼¶¼g...
- quote -

> I've seen other posts on this board mentioning this would happen if there
are
> payments in the current month as opposed to the next month. I've assured
> there are no payments this month, as they have all passed.
> The problem is I've set up my desired date, included the accounts I want
to
> whittle away, and pressed next...
> What I saw was a payment at the beginning of the month just about 40% more
> than the paycheck I'd be getting the day before its due! More importantly,
I
> do have [other] bills to pay, LOL.
> I guess what I'd like to know is what does DRP actually look at to
determine
> what types of payments are possible? Does it look at the existing budget I
> have in place, my bills, my scheduled income via paychecks? Is there
anything
> I can look at to see if it's not seeing something?
> I've already tried the Reset Plan option with no change in the first
whopper
> of a payment.
> Thanks in advance for any help you can offer!

07-27-2005, 02:08 PM

Is the credit limit non-zero in all accounts included in the DRP?

"Chris" <Chris[at]discussions.microsoft.com> wrote in message
news:0063EFF8-0967-4976-A2BE-9D11E6AD5319[at]microsoft.com...
- quote -

> I've seen other posts on this board mentioning this would happen if there
> are
> payments in the current month as opposed to the next month. I've assured
> there are no payments this month, as they have all passed.
> The problem is I've set up my desired date, included the accounts I want
> to
> whittle away, and pressed next...
> What I saw was a payment at the beginning of the month just about 40% more
> than the paycheck I'd be getting the day before its due! More importantly,
> I
> do have [other] bills to pay, LOL.
> I guess what I'd like to know is what does DRP actually look at to
> determine
> what types of payments are possible? Does it look at the existing budget I
> have in place, my bills, my scheduled income via paychecks? Is there
> anything
> I can look at to see if it's not seeing something?
> I've already tried the Reset Plan option with no change in the first
> whopper
> of a payment.
> Thanks in advance for any help you can offer!

#-1 07-27-2005, 03:16 AM

I've seen other posts on this board mentioning this would happen if there are
payments in the current month as opposed to the next month. I've assured
there are no payments this month, as they have all passed.

The problem is I've set up my desired date, included the accounts I want to
whittle away, and pressed next...

What I saw was a payment at the beginning of the month just about 40% more
than the paycheck I'd be getting the day before its due! More importantly, I
do have [other] bills to pay, LOL.

I guess what I'd like to know is what does DRP actually look at to determine
what types of payments are possible? Does it look at the existing budget I
have in place, my bills, my scheduled income via paychecks? Is there anything
I can look at to see if it's not seeing something?

I've already tried the Reset Plan option with no change in the first whopper
of a payment.

Thanks in advance for any help you can offer!

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