Debt Relief Industry Marketing

Just Made My First Post FTC TSR Undercover Call – Fail

I’m not going to tell you the name of the company I called. Their site is a bit ambiguous if their settlement services are under the attorney model or not so I thought I’d hear what the pitch was. Sadly, it was just business as usual.

Here was my scenario. I called as a guy $80,000 in only credit card debt and the debt was mostly on cash advances due to an uncontrolled gambling problem. I said I owed Discover, Citibank, Bank of America, and some others.

The sales rep didn’t do any screening and went right into the pitch. There was no mention of any need to address the underlying problem gambling issue and the program was beneficial because my payment would be reduced.

I was quickly sold the following solution.

  • A 60 month program.
  • Settlement fees paid in full out of the first 17 deposits.
  • Settlement fees were $13,600.
  • $80 per month attorney monitoring fee.
  • No problem that I lived in North Carolina.
  • Credit would suffer at first but would improve as I completed the program because I would have less debt.

It appears nothing has changed.

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.


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.

READ  Listen to Secret Shopper Call to Advocate Group to Settle My Debt



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.

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