Brendan Burgess
Founder
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What would be involved in developing software to help people through arrears issues?
Asking a series of questions to collect the information in the Standard Format - money makeover - unsustainable mortgage
Probably inputting stuff from the ISI's Reasonable Living Expenses
Coming up with some outline solutions
I don't think it could be fully automated, but it could probably collect a lot of the information and set out some of the solutions which would then allow a person, either online or on the phone, to give further advice. If the person completed the automated part first, it would save a lot of time for the advisor.
Stepchange in the UK has something which looks quite good.
http://www.stepchange.org/Debtremedy.aspx
A similar product could be developed for investment advice as well or MoneyMakeovers in general.
Asking a series of questions to collect the information in the Standard Format - money makeover - unsustainable mortgage
Probably inputting stuff from the ISI's Reasonable Living Expenses
Coming up with some outline solutions
I don't think it could be fully automated, but it could probably collect a lot of the information and set out some of the solutions which would then allow a person, either online or on the phone, to give further advice. If the person completed the automated part first, it would save a lot of time for the advisor.
Stepchange in the UK has something which looks quite good.
http://www.stepchange.org/Debtremedy.aspx
A similar product could be developed for investment advice as well or MoneyMakeovers in general.