Latest Posts
Home > Debt Articles > Federal Stimulus Program Mailer. Yea, Avoid This One.

Federal Stimulus Program Mailer. Yea, Avoid This One.

A reader just sent in a mailer they got recently. It looks like the mailers that were going out over a year ago and claiming special debt settlement benefits.

This mailer claims to offer debt reduction benefits under the 2010 Federal Stimulus Program and then refers to it as the FSPL. Where the L came from, I don’t know.

The mailer claims to be able to provide “68% Resolution of Past Due Debt.” It claims to offer:

  • No 3rd party Fees.
  • 1 Payment Per Month.
  • Reduce Overall Debt by up to 68%.
  • Avoid Costly Debt Management Programs.
  • Immediate Reduction of Payments Up to 60%
  • Elimination of Unsecured Debt in 24 Months.
  • Credit is Restored by Avoiding Bankruptcy.
  • Stop Calls from Creditors and Collectors.

It seems under 2010 FTC TSR rules that most of those claims wander into problem areas. Anyone disagree?

Federal Stimulus Program Mailer. Yea, Avoid This One.

The number listed on the form is 877-259-8189.

The mailer also claims the service is free, the consumer has been nominated to participate by one of their creditors, and customer service representatives are highly trained.

I’d love to hear your comments on this mailer. Love it or hate it. Post your comment below.

Federal Stimulus Program Mailer. Yea, Avoid This One.
Get Out of Debt Guy – Twitter, G+, Facebook

Federal Stimulus Program Mailer. Yea, Avoid This One. by

Share This and Spread the Word

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.
  • http://www.facebook.com/profile.php?id=593281991 TJ Christie

    I just received a nearly-identical letter, except it’s white, the phone number to call is 1-877-301-7466, and the small-print at the bottom is a little different.

    I don’t know what tri-bureau credit report they (allegedly) are looking at, but my credit is impeccable, nothing is past-due or delinquent, and I don’t need any help (especially from scammers).

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.