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DRO, Debt Relief Options. Let’s Play “Do They Comply?”

Today’s candidate for Do They Comply was sent in by a regular tipster (send in your tips here). It’s a good example to use for out little compliance game.

Of interest is the column showing the saving example. I bet Freedom Debt Relief would have some advice to give on that issue after their recent settlements with states.

DRO, Debt Relief Options. Lets Play Do They Comply?
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Cast your vote by leaving a comment below.

DRO, Debt Relief Options. Lets Play Do They Comply?
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About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • Joe_debt_jr

    oops I forgot with all the penalties and interest that continues to accrue while waiting for a settlement to complete, than most likely they will end up saving ZERO~!

  • Joe_debt_jr

    not only that, according to their math they are speculating if the client chooses their debt settlement plan that they will be out of debt in 2.8 years on a $250 payment which the total cost would come out to be $5,299. NOT! 2.8yrs = 33 months. They fail to calculate $250 x 33= $8250. This plan will get you a hugh savings of $1750 out of the $10,000 debt you owe if you go with their settlement program. Where do I sign George?

  • Damon Day

    ha ha, oops, that was a good catch Sean :-)

  • SeanDSLegalPlan

    What a horrible example! They actually show Credit Counseling with a LOWER monthly payment than Debt Settlement. If the client can afford Credit Counseling, why in the world would they opt for defaulting on their debts in hope of reaching settlements?

  • Anonymous

    What a horrible example! They actually show Credit Counseling with a LOWER monthly payment than Debt Settlement. If the client can afford Credit Counseling, why in the world would they opt for defaulting on their debts in hope of reaching settlements?

    • http://DamonDay.com Damon Day

      ha ha, oops, that was a good catch Sean :-)

      • Anonymous

        not only that, according to their math they are speculating if the client chooses their debt settlement plan that they will be out of debt in 2.8 years on a $250 payment which the total cost would come out to be $5,299. NOT! 2.8yrs = 33 months. They fail to calculate $250 x 33= $8250. This plan will get you a hugh savings of $1750 out of the $10,000 debt you owe if you go with their settlement program. Where do I sign George?

      • Anonymous

        oops I forgot with all the penalties and interest that continues to accrue while waiting for a settlement to complete, than most likely they will end up saving ZERO~!

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