Image by JudeanPeoplesFront via Flickr Debt can creep up on you and take a stranglehold on your life. It leaves you hopeless, anxious, and distrusting. If you want to help these customers these are your challenges. Debt leads (customers) are full of reasons not to commit. Your goal is to systematically remove each of those [...]
5 Ways to Convert and Internet Debt Relief Customer
Image via Wikipedia Debt customers can be some of the toughest to convert. These prospective customers are scared, lack a sense of hope, and many are working against the clock for the best solution. The longer they wait to solve their debt issues the worse the problem gets and the less options they have. We [...]
Debt Settlement Leads
Image by EmaStudios via Flickr The current recession is making debt settlement leads look more like a common phone book. It seems that nearly everyone is in need of some credit or debt management assistance. That means those debt leads you are buying are increasingly valuable if you have a good marketing plan. Turning Debt [...]
Getting the Sale Started May Be More Important than Closing
Image via Wikipedia We have all heard the infamous sales mantra–ABC, Always Be Closing. But what about Openings? This is the essential question Anthony Iannarino, of The Sales Blog asks, what’s more important the opener or the closer? Closers are Charging Hard, Maybe Too Hard Often the ABC persona will run customers hard into the [...]
The Government Helping Consumers Out of Debt
Image via Wikipedia It seems like there was a lot of talk of the government helping consumers out of their debt problems. The premise was that this would jump start the teetering economy. Did it happen? I’m kinda asking the question out loud and hoping for your input. I am not really seeing it. Loan [...]
Detail from the FTC Public Forum on Banning Upfront Debt Settlement Fees
Image via Wikipedia Although a full and complete transcript is not available the FTC has posted some portions of the proceedings on debt settlement reform. Here are some important pointers: FTC TSR/Debt Relief Forum full agenda [PDF] and panelist Press Release announcing the FTC public forum on debt settlement Proposed rules from the FTC regarding [...]
Florida Attorney General Encourages FTC to Tighten Rules on Debt Settlement
Image by dcJohn via Flickr The @GetOutofDebtGuy over at Credit, Debt, Life did a nice review of the Florida Attorney General’s efforts to change how debt settlement folks get paid. His letter to the FTC encourages the FTC to require debt settlement companies to only collect fees after services are provided. Unlike credit counseling programs [...]
The Federal Trade Commission (FTC) TSR/Debt Relief Forum
Image by Getty Images via Daylife The FTC hosted a public forum on November 4, 2009 to discuss a proposed “advance fee ban” and continued tightening on “disclosures and misrepresentations” related to the debt settlement industry. The meeting was certainly packed with all of the major players in the debt settlement industry from practitioners to [...]
Debt Settlement Gone Horribly Wrong (for the Consumer)
Image via Wikipedia Texas Attorney General Greg Abbott is pursuing Debt Relief USA, who is currently in bankruptcy with $4.6 million in withheld debt relief promised to clients. The press release from the Texas AG cites 2,500 debt customers as victims. There are some definite lessons to learn in this statement to keep your debt [...]
Debt Settlement Virtual Training System
Image by Getty Images via Daylife I just stumbled on this press release from a group called MSTARS, LLC. Now I don’t know anything about this service, have not seen it in action, or have any financial interest in them; however, the concept seems really valuable. I spend a lot of time trying to help [...]
