Debt Relief Industry Marketing

Debt Network USA Setting Off to Offer Face-to-Face Debt Settlement Presentations

I just had a great conversation with an attorney about what I learned from my experience with sending agents out to collect documents in the debt relief industry. I was sharing with him all the difficult lessons learned and why I would not suggest people do that. Maybe at some point I’ll write more about that experience.

And then my inbox going “boing” with a tip from a reader about a servicer provider that is promoting their new nationwide network of face-to-face sales agents for debt settlement.

The press release from Debt Network USA says:

Debt Network USA has created a one of a kind, nationwide network of educated debt presenters capable of conducting a meaningful, face to face presentation on behalf of debt settlement companies with potential debt settlement clients anywhere, anytime, nationwide. Debt Network USA unveiled its network to the debt settlement industry at the 2010 Debt Settlement Leadership Conference in Las Vegas.

All of Debt Network USA’s debt presenters must complete a rigorous training program. Each presenter is educated about the debt settlement industry and each debt settlement company’s specific program. This ensures that each and every client enrolling in a debt settlement program experiences a meaningful, face to face presentation with an educated debt presenter and has a complete understanding of the debt settlement program.

Debt Settlement companies who enroll clients through Debt Network USA are no longer simply telemarketing. Instead, telemarketing becomes just one part of the overall sales process. Debt Network USA opens up an entire new world for debt settlement companies – bringing the debt settlement company and every client together to create a true connection between both parties. The seamless integration of Debt Network USA’s services into a debt settlement company’s business model strengthens the business’ sales and compliance processes. – Source, Source

So I went to the Debt Network USA website at DebtNetworkUSA.com. I honestly cringe when I think of the issues these face-to-face meetings are going to create. But when I read statements like “We travel to homes, offices, senior communities, or other mutual meeting places,” (source) I think I want to puke. Do they really have to list senior communities? Doesn’t that just conjure up images of taking advantage of the elderly and why would people be targeting them for debt settlement anyway?

READ  Credit Counseling Group Makes Presentation to FTC About Cracking Down on Bad Actor Debt Settlement Companies

Debt Network USA appears to be affiliated with Credit Trust Group, which has an F rating and 50 complaints with the BBB. – Source

Other related companies are CreditTrustGroup.com, NationwideFinancialHelp.com, and LoanDocPrep.com, according to the BBB.

Debt Network lists the same street address (3948 Coral Ridge Drive, Coral Springs, FL 33065) as those companies above. according to the BBB, but the managing member of Debt Network USA is Greg Spinder and he is listed as the sales manager of Credit Trust Group and corporate records show him to be a managing member of Credit Trust Group Partners, LLC.

Sincerly,
Steve

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.


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About the author

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.

10 Comments

  • A very close former employee of Greg Spinder has informed me he is major bad news with a history of scamming. Most recently he was the principal of a firm that the FTC sued for fraudulent loan modifications.

  • A very close former employee of Greg Spinder has informed me he is major bad news with a history of scamming. Most recently he was the principal of a firm that the FTC sued for fraudulent loan modifications.

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