This week Damon Day and I talk about the new debt settlement rules that were announced by the Federal Trade Commission, the need for them, the impact on debt settlement companies, why some debt settlement companies will fail and others thrive, and more about the attorney model of debt settlement that is being promoted as the way to save the industry.
You can subscribe to my podcast on any of these sites below.
You can subscribe to my podcast on any of these sites below.
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.
I am bewailed to hear that a lot of industry groups
have ganged up against debt settlement companies and
the FTC is doing nothing serious about it.
They seems not be concerned about the crisis,the individual
will suffer but I will like to remind all that was what happened
when the sub-prime problem started.
No one cared.Those that cared blamed it on the poor masses for
taking loans that way out of their league.The result is the
global economic melt down that we are