Unfortunately the Consumer Credit Rights Campaign effort appears to be no more than some unknown debt settlement companies that are trying to spread more misinformation about coming consumer protections in an effort to do no more than protect their own high flying income.
The site starts out by shamefully saying:
The FTC is planning to pass regulations limiting consumers’ ability to pay down their debt. – Source
So that’s the lead position and the most important point consumers want to get across? Really? When the reality is the FTC is planning to pass telemarketing sales rules to protect consumers from abusive debt settlement agencies. What the site appears to be based on is a mistruth.
On the About page the site makes the following statements.
- “Consumers’ ability to resolve their debt issues is under threat.” – Not True
- “Congress, the Administration, and the regulatory agencies are considering legislative and other proposals that will limit consumer choice.” – Not True
- “The Consumer Credit Rights Campaign exists to provide an independent voice to protect American interests and options.” – Not True
- “Intermediaries, such as debt settlement companies, often offer the most viable resource for negotiating realistic resolutions for consumers.” – Not True
- “The Consumer Credit Rights Campaign advocates for policies that protect Americans against unscrupulous practices and provide them with viable options to resolve their debt issues.” – Not True
What amazes me is how the debt settlement industry, that has members that are preying upon consumers with debt problems, has the gall to launch a campaign trying to paint regulators and legislators as the villains here. Let’s be honest here, this site is an attempt to persuade gullible consumers to believe their rights are being eroded when in fact they are being better protected.
So Who is Behind This?
After looking at the site some more it appeared to be a P.R. job for debt settlement. Just look at the consumer testimonial page, they are all glowing recommendations for debt settlement. – Source
The site is actually registered to Kathryn Stetz and the phone number for the registration, (202) 496-1000 and address (1201 Connecticut Ave, Washington, D.C. 20036) all link back to Qorvis Communications, a public relations firm. – Source, Source
Qorvis describes itself by saying:
We help companies build and maintain strong reputations, manage difficult crisis issues, enhance shareholder value, and protect their interests in Washington, D.C. – Source
I doubt Qorvis Communications is doing this on their own, they must have a paying debt settlement client to spread this kind of B.S. around with the Consumer Credit Rights Campaign.
I hope Qorvis is charging their debt settlement clients two arms and two legs for this mess.
Video From Fake Consumer Rights Site
The guy in the video feels debt settlement is a right and he does not want lawmakers to take away his debt settlement option. What we really need is a video that truthfully discloses the success rate and failure rates of debt settlement and then consumers can put that into context.
Debt settlement “is the path to security and financial freedom” the guy in the video says. What he forgets to tell you is that debt settlement is also a way to lose a lot of money, not have all your debts settled, get sued, ruin your credit, get a big tax bill, and have your wages garnished.
Personally, I find it insulting that debt settlement companies need to hide behind a public relations firm to create a fictional consumer effort to rally people around false claims and the belief that what lawmakers and regulators are doing harms consumers. In my opinion, the site and position is nothing more than a large lie intended to deceive people into believing the debt settlement companies are the victim here.
Hillarious But Way R Rated
When the video above finished playing for me on YouTube I could not believe the suggested related video. See below.
The video is all about getting screwed in the, well, I think you can guess where. If you want to watch it, click here.
Wow, YouTube really nailed that suggested related video. After what I’ve seen of the Consumer Credit Rights Campaign It sure seems perfectly related to me.
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
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.