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How it works:
Step 1: Donate to Dollar Debt Donation
Step 2: See if you win the drawing to become the next recipient of Dollar Debt Donations fundraising efforts.
Every dollar donated to Dollar Debt Donation goes to relieving an individual or family from their debts. A dollar is a small and manageable amount to most budgets, whereas thousands of dollars is not. So the idea is that if we put our dollars together, they can really make a difference and a fresh start for a lot of people without being a huge burden on anyone.
Dollar Debt Donation is done in cycles, with one recipient in mind at a time. Each cycle will have a dollar amount goal. Once that goal is achieved, a drawing consisting of those who donated will be held to find the next cycle’s recipient.
Each dollar you donate enters you into a random drawing to become the next recipient of the Dollar Debt Donation collection. You can donate as many times as you would like on behalf of yourself or someone else, for more chances at becoming the next dollar debt donation recipient. The odds are much better that you will become a recipient of funds collected by Dollar Debt Donation than winning a lottery as the pool starts fresh after each recipient is announced. Recipients of funds collected by Dollar Debt Donation are only chosen out of our pool of donors. So you have to Donate to have a chance to get out of debt with Dollar Debt Donation.
100% of the profit goes to the Dollar Debt Donation recipient. Expenses from credit card fees per transaction are deducted, but the goal of Dollar Debt Donation is to keep these costs to a minimum in order to raise as much money as possible with the purpose of helping more recipients.