I just discovered that New Era Debt Solutions has just updated their site with a new truth and transparency page. – Source
I’m very impressed they have created a page to make it very clear for consumers and site visitors about their performance statistics and most importantly they have placed their client agreement online so everyone can read it. This is critical since it gives consumers the opportunity to review the agreement before giving up any personal information.
My hope is more debt relief companies place their client agreements online. If there is nothing to hide then don’t hide it.
hopefully more companies will follow the lead of New Era and start opening up.
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I understand your point and concerns, but if you noticed the difference between New Era’s models versus Freedom Debt Reliefs model, one is for performance fee structured and other advance fee structure. Based on logic, if New Era was only getting paid once services is completed and settlement has been established, the success rate is alot more favorable vs a front loaded fee model. If told you to save 100 each month for the first year but i’ll keep 80 dollars to maintain your file for you, how fast you think I can settle your debt with the first year? Now another example, same thing, you pay 100 each month, but ill only take 20 dollars to maintain your file and rest is for your settlement savings. Now which model you think will likely have a successful outcome? You can compare apples to apples but in this case scenerio you have an apple to lemon. 🙂
A big reason the FTC likely did the ruling the way they did is they did not get stats from very many companies and the stats they did have were no where near this good. For example, Freedom Debt Relief independently provided significantly better stats then TASC. Assuming they are true, the New Era stats are probably better than anything else out there. I would still like to see them certified by an credible independent auditor. Even then, faking data does happen. I just don’t see any DS company having that good of results. If they are real, kudos to New Era.
http://www.businesswire.com/ne…
I honestly believe they are being honest and truthful. If you follow their comments on this website you will notice that New Era do stand out from the rest by committing to be a legitimate and trusted debt settlement company a consumer may rely on. Congrats New ERA. If you have affiliate program I would definitely call you guys. 😉
That is a first, glad to see. How do we know those stats are true? A company could easily fib on the numbers and no one would find out unless the information was subpoened. A third party audit would be a little more believable. Wasn’t that the problem with the data supplied to he FTC by the industry prior to the ruling? It could of been made up, padded or the samples were picked for maximum positive results.
So lets see how many companies follow their model. And how many of them will be telling the truth????
I would like to see links or foot notes on exactly how they came to the results they did- more details on the samples used.
That is a first, glad to see. How do we know those stats are true? A company could easily fib on the numbers and no one would find out unless the information was subpoened. A third party audit would be a little more believable. Wasn’t that the problem with the data supplied to he FTC by the industry prior to the ruling? It could of been made up, padded or the samples were picked for maximum positive results.
So lets see how many companies follow their model. And how many of them will be telling the truth????
I would like to see links or foot notes on exactly how they came to the results they did- more details on the samples used.
I honestly believe they are being honest and truthful. If you follow their comments on this website you will notice that New Era do stand out from the rest by committing to be a legitimate and trusted debt settlement company a consumer may rely on. Congrats New ERA. If you have affiliate program I would definitely call you guys. 😉
A big reason the FTC likely did the ruling the way they did is they did not get stats from very many companies and the stats they did have were no where near this good. For example, Freedom Debt Relief independently provided significantly better stats then TASC. Assuming they are true, the New Era stats are probably better than anything else out there. I would still like to see them certified by an credible independent auditor. Even then, faking data does happen. I just don’t see any DS company having that good of results. If they are real, kudos to New Era.
http://www.businesswire.com/news/home/20100926005066/en/Independent-Audit-Global-Shows-Greenpeace-Faked-Data
I understand your point and concerns, but if you noticed the difference between New Era’s models versus Freedom Debt Reliefs model, one is for performance fee structured and other advance fee structure. Based on logic, if New Era was only getting paid once services is completed and settlement has been established, the success rate is alot more favorable vs a front loaded fee model. If told you to save 100 each month for the first year but i’ll keep 80 dollars to maintain your file for you, how fast you think I can settle your debt with the first year? Now another example, same thing, you pay 100 each month, but ill only take 20 dollars to maintain your file and rest is for your settlement savings. Now which model you think will likely have a successful outcome? You can compare apples to apples but in this case scenerio you have an apple to lemon. 🙂