The question is, isn’t this legal fee splitting?
On the same site, debtalternativecenter.com, I came across the page to be a debt management affiliate which says the affiliate can charge the consumer from $300 to $1,400 for enrolling in a debt management plan? Now that’s extreme.
Commissions and fees work as follows:
There is a charge for a Product Fee: price is $300min to $1400 max, the affiliates collect this fee, from their client through their own merchant accounts. A fee of $25 is then due to THE DAC.
There is also a $100 fee for shipping and filling the order for the client. Affiliate also pays this fee.
Client pays $34.50 a month, billed as a creditor in the program.
The Service fee is determined by the State and consumer’s unique case, ranges $5-$120. – Source
This site calims to be called the Debt Alternative Center and located at 385 Van Ness Ave, Torrance, CA 90501. The State of California has not registered business under that name. You would think that a “national backend service” company would at least be registered to do business in their own state.
Let's Play Do They Comply. Isn't This Bankruptcy Fee Splitting? by Steve Rhode
I can always use your help. If you have a tip or information you want to share, you can get it to me confidentially if you click here.