Latest Posts
Home > Debt Relief Industry > Perfect Net Branch Claims TSR Exemption But I Don’t Get It?

Perfect Net Branch Claims TSR Exemption But I Don’t Get It?

A fantastic tipster (send in your tips here) sent in the following email being sent out by Perfect Net Branch.

The Future Of Debt Settlement is Here!

Debt Settlement Programs:

1. ATTORNEY program:
– Client receives a FACE TO FACE presentation (exempt from the TSR rules). Thousands of attorneys throughout 48 states and growing with a Dedicated Appointment Setting Department for Face to Face meetings.
– One of the Largest Nationwide Legal Networks in the country.

2. PAY AS YOU GO program:
– TSR compliant program where you earn and get paid your fees after a settlement has been made and a payment has been paid on that settlement.
– Top Client Retention – Excellent Personalized Customer Service
– Negotiate Term based Settlements in first 90 days with most creditors
– ONE on ONE personalized Customer Care: Case Manager provides Client direct contact info and personally works with client through entire program.
– Case Managers are never assigned more than 250 clients and make a minimum of two phone calls per month to the client throughout the entire program.
– Client has 24 hrs, 7 days a week access to their account.

For more information on our two Debt Settlement Programs please email or call me today!

PNB also offers the following to our affiliates:
Debt Management
– Tax Resolution
– Bankruptcy
– Loan Modification
– Auto Modification
Credit Repair

Terry Wilson
PNB – Perfect Net Branch
877-282-4577

Get Out of Debt Free Hotline

This is yet another mailer trying to entice marketers into what is promoted as a TSR complaint program. What I think that many of these companies have missed is that simply meeting with an attorney face-to-face is NOT an exemption to the TSR and can still land you in hot water.

Don’t believe me, well how about hearing it straight from the FTC, click here.

Attorney Models – Not a loophole approach in mass marketed debt settlement services using affiliates and distant marketers. If a local attorney is a “small town player” sitting down face-to-face with a local consumer and has established a traditional attorney client relationship then that is a different matter. But, if an attorney model debt settlement company is using marketers, telemarketers and runners to sell debt relief services, these attorneys and/or firms are NOT exempt under the FTC TSR.

The exemption comes not from the meeting but from the relationship the local attorney has with the consumer. Clarification is on the way but for some attorneys that clarification is going to come at their hearings regarding disbarment.

morehelp1” width=
“Choice1”“Choice2”
“Choice3”
Get Out of Debt Guy – Twitter, G+, Facebook

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.

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

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.
  • Concerned

    John Mueller <john@perfectnetbranch.com>

    just got some spam from this guy.  email is in violation of CAN-SPAM</john@perfectnetbranch.com>

  • Concerned

    John Mueller

    just got some spam from this guy.  email is in violation of CAN-SPAM

  • Steve Rhode

    You will notice that I keep asking critics about a specific post or article they object to so we can discuss it but they just start slinging insults instead.

    I’d love to have an adult conversation about an issue with them but that just does not seem to be possible.

  • Really??

    Seems the more you expose the loopholer’s the more the angry rhetoric picks up Steve. Douche Bag, fucking Queer – these are all very well thought out arguments that clearly prove you are a scam lmfao !!! These guys should be out looking for another scam instead of blaming their loss of income on you.

  • Steve Rhode

    Simple, I’d look for a company that operates on a performance basis, does not charge advance fees and educates their affiliates about their individual liability and licensing requirements before sending them off to sell.

    I’d be happy to look at what you are considering and write an article about it to let people weigh in with feedback.

  • J.S.

    I’m going to have to agree with an earlier posted comment. From perusing your articles, there does seem to be quite a bit of discrediting going on as you ‘review’ these viral-based debt management companies.
    How about some proactive advice? Since you label yourself as a third party news source, what companies/net branches would you recommend if a customer was looking to gett involved with an affiliate type program?

  • Joe debt jr.

    You must have a myspace account.

  • Steve Rhode

    OK, I’ll bite, the piece consists of the publication of the email sent by the company and my observations and a look at the underlying rules. What part is gossip?

    I’m happy to discuss anything I wrote on this article that you feel is “bitter.” Can you please point to a specific example in the article so I can better understand your point.

  • Grad10312

    This seems more of a gossip column than anything.

    Steve Rhode: No offense but you come off as a bitter douche bag who likely got picked on in high school and hasn’t been laid in a decade.

    Just my observation. Take care.

  • Steve Rhode

    I’m not sure I get the point of your comment. Are you unhappy that I warn consumers about issues to be wary of, give away my ebooks, answer questions for readers, or came forward about my issue with California back in my Myvesta days? I’m happy to address any specific issue you may have but let’s narrow this down to one issue at a time. You are all over the place here.

  • Skeptical

    Hooray for pulling the wool over so many consumers eyes! You are no different than any of the companies that you write about. Why not offer free books? It floods your website with traffic which all gives you more “credibility”. You make yourself more credible by giving free books, & financial advice. The majority of the financial advice that you give on your website is bashing other companies for being fraudulent, not being in compliance, blah, blah blah, etc. That’s a pretty genius marketing strategy. Well mapped out and very time consuming. Credibility does take time to build, so you must have had some patience. Why not trust the word of a man that wrote a book he doesn’t sell, and gives away for free? He MUST know who the scam artists are, and he MUST be an honest man! I find it interesting that you would write an article about a company not being in compliance, when in fact your company was not in compliance with California laws. Hmmm? Interesting Steve. I read your articles about “outing yourself” and how you didn’t have to write that article, but how you’re an honest man, so you did. You didn’t have to write it? Well to maintain your credibility I think you DID have to write it and explain the sticky situation you were in. It came up on Google and it was public info before you wrote the article in Jan. of 2010. Also the fact that you said you “wrote numerous letters and made numerous calls” to the State of California is not to be proven by anyone. That’s all quite easy to say Steve, but certainly not as easy to believe. For a guy that gives away free books, it must be true, right? It must be true, because he said it is, and he didn’t have to write that article, and HE GIVES AWAY FREE BOOKS! You’re great at deceiving the average Joe. It’s just so sad that there are so many consumers out there that don’t think logically before making an opinion on something or someone. You’re a great salesman, I will give you that, but you are a master of deception. If a company is writing the state and making several calls, why would they be under the assumption they are in compliance? What prompted you to make those calls and write those letters? You give away advice and books for free, but you offered programs that cost people money, and you were not abiding by the law Steve.

  • Steve Rhode

    Actually it’s only 25% of a $2,000 account, it’s only 2% of a $20,000 account. I can’t think of any small account we ever handled.

  • Forewarned

    AMEN!! This Joe Debt Jr guy must be Steve’s closet lover! All he does is rip people who point out that Steve is worse than the people & companies that he is always so eager to attack! Steve openly admits on this site that when he did debt settlement they charged $495 per account which is equal to 25% fees! He bashes anyone who doesn’t practice “HIS MODEL”! Buyer beware!! Run from Steve & all of his cronies that his site reffers consumers to! They are all rippoff artest using fear to fill their pockets!!

  • just sayin

    No here’s a guy that knows what’s up!

  • just sayin

    I just wanted to say what a douche bag you are. You are a fucking queer. :)

  • Joe_debt_jr

    Snow jason, first of all your posting has nothing to do with this posting so its quite odd you just come on to point out phony accusations against Steve Rhode and his website. second, you’ve pointed out that Steve should’ve been aware of another phony post made in March of this year when in fact he did respond to that phony post back in Sept. Now what’s even odder is that the website you are trying to point out on scamchecker was written by someone that never got scammed by Steve or even purchased a book from Steve which by the way is FREE to the public. Dont you find it odd some random person just goes on there and files a report on Steve as a scammer when that person never actually communicated directly with Steve or made any type of transactions with Steve? So how is that being a scammer? Also what random consumer goes and research about financial advice would go out of the way to dig up dirt on someone when indeed Steve never did anything to that consumer that warrants all that digging unless its a pist off debt settlement company that is trying to post phony reports when Steve has all his questioning allegations answered and seems like people bring the same thing without taking the time to actually research his site for all those response from past accusations. Like ads, past operations and entity he had etc. etc.. This forum as you can see is not a playground for kids to make false claims or accusation on anyone or companies but to bring out facts vs fiction from other commentors suggestions made by visitors on this site. If you seriously listen to Dave Ramsey than what is your purpose on this site and why are you making allegations on someone you do not have solid proof of any claims? Oh by the way Dave Ramsey’s website has a shopping cart full of items he is trying to sell while here, its all FREE my friend.

  • Steve Rhode

    I would suggest that you scroll further down that page where I responded to the false accusations. on the ScamChecker site. I just logged in and see there are a few more people that have posted BS information and I just responded to those accusations. It has not appeared yet on the site but here it is:

    Just responding to more false accusations against me and my work at http://getoutofdebt.org.

    Lie 1 – I have charged some unknown entity to to remove an article on the GetOutOfDebt.org site.
    Answer – I have not received any compensation of any kind to remove an article and have not removed an article.

    Lie 2 – “That’s blantly obvious when seeing him and a few top-brass from Legal Helpers mingle like friends.”
    Answer – I have never consulted for any debt relief company and have never met anyone from Legal Helpers.

    Accusation 3 – How do you explain http://www.corp.ca.gov/ENF/pdf/2002/myvesta.pdf
    Answer – http://getoutofdebt.org/16877

    Lie 3 – All my Google Adwords income comes from debt settlement companies.
    Answer – Read how ads appear on the site. http://getoutofdebt.org/terms

    Lie 4 – “Steve Rhode who makes his money by charging people upfront so they can get out ofpaying their creditors”
    Answer – I don’t provide consumer services nor have a program that intervenes so the accusation is totally false.

    Steve
    @GetOutOfDebtGuy

  • Snow jason

    I am not saying anything I just posted info I found out on the internet. http://www.scamchecker.com/con

    It was Posted in march of this year, surprised that you were not aware of it.

    After following Dave Ramsey for years. My wife just bought you book, so I thought I would visit the site. Then I Googled your name, as I did when we first started listening to Dave Ramsey. That is one of the things I found. Dave is honest about his bk’s like you and I respect that.

    If it is a lie Google will remove it from your results. Thank you for replying so quickly. Hope to soon be a fan!!!

  • Steve Rhode

    You say I’ve charged people to remove articles. LIE – Whoever you heard that from is telling you a lie and I’d love the URL of the page you read that on if you found it on the internet.

    For complete information on ads, I am open and transparent about that, just follow the link under the ads block or click here.

  • Snow jason

    Steve Rhodes “getoutofdebt.org” SCAM
    Steve also makes money from this “ORG” site by promoting the same companies he discredits! All his Google adwords income are mostly from Debt Settlement companies!
    Steve – how do you justify this?
    Steve – I’ve heard you’ve charged companies that you’ve written bad press on your site upwards of $10,000 dollars to remove your questionable articles…How do you sleep at night!

  • Snow jason

    Steve Rhodes “getoutofdebt.org” SCAM
    Steve also makes money from this “ORG” site by promoting the same companies he discredits! All his Google adwords income are mostly from Debt Settlement companies!
    Steve – how do you justify this?
    Steve – I’ve heard you’ve charged companies that you’ve written bad press on your site upwards of $10,000 dollars to remove your questionable articles…How do you sleep at night!

    • http://GetOutOfDebt.org Steve Rhode

      You say I’ve charged people to remove articles. LIE – Whoever you heard that from is telling you a lie and I’d love the URL of the page you read that on if you found it on the internet.

      For complete information on ads, I am open and transparent about that, just follow the link under the ads block or click here.

      • Snow jason

        I am not saying anything I just posted info I found out on the internet. http://www.scamchecker.com/content/steve-rhode-getoutofdebtorg-myvestaorg-beware-steve-rhode-and-getoutofdebtorgthis-company-fr

        It was Posted in march of this year, surprised that you were not aware of it.

        After following Dave Ramsey for years. My wife just bought you book, so I thought I would visit the site. Then I Googled your name, as I did when we first started listening to Dave Ramsey. That is one of the things I found. Dave is honest about his bk’s like you and I respect that.

        If it is a lie Google will remove it from your results. Thank you for replying so quickly. Hope to soon be a fan!!!

      • http://GetOutOfDebt.org Steve Rhode

        I would suggest that you scroll further down that page where I responded to the false accusations. on the ScamChecker site. I just logged in and see there are a few more people that have posted BS information and I just responded to those accusations. It has not appeared yet on the site but here it is:Just responding to more false accusations against me and my work at http://getoutofdebt.org.Lie 1 – I have charged some unknown entity to to remove an article on the GetOutOfDebt.org site. Answer – I have not received any compensation of any kind to remove an article and have not removed an article. Lie 2 – “That’s blantly obvious when seeing him and a few top-brass from Legal Helpers mingle like friends.” Answer – I have never consulted for any debt relief company and have never met anyone from Legal Helpers.Accusation 3 – How do you explain http://www.corp.ca.gov/ENF/pdf/2002/myvesta.pdfAnswer – http://getoutofdebt.org/16877Lie 3 – All my Google Adwords income comes from debt settlement companies.Answer – Read how ads appear on the site. http://getoutofdebt.org/terms Lie 4 – “Steve Rhode who makes his money by charging people upfront so they can get out ofpaying their creditors”Answer – I don’t provide consumer services nor have a program that intervenes so the accusation is totally false.Steve@GetOutOfDebtGuy

      • Skeptical

        Hooray for pulling the wool over so many consumers eyes! You are no different than any of the companies that you write about. Why not offer free books? It floods your website with traffic which all gives you more “credibility”. You make yourself more credible by giving free books, & financial advice. The majority of the financial advice that you give on your website is bashing other companies for being fraudulent, not being in compliance, blah, blah blah, etc. That’s a pretty genius marketing strategy. Well mapped out and very time consuming. Credibility does take time to build, so you must have had some patience. Why not trust the word of a man that wrote a book he doesn’t sell, and gives away for free? He MUST know who the scam artists are, and he MUST be an honest man! I find it interesting that you would write an article about a company not being in compliance, when in fact your company was not in compliance with California laws. Hmmm? Interesting Steve. I read your articles about “outing yourself” and how you didn’t have to write that article, but how you’re an honest man, so you did. You didn’t have to write it? Well to maintain your credibility I think you DID have to write it and explain the sticky situation you were in. It came up on Google and it was public info before you wrote the article in Jan. of 2010. Also the fact that you said you “wrote numerous letters and made numerous calls” to the State of California is not to be proven by anyone. That’s all quite easy to say Steve, but certainly not as easy to believe. For a guy that gives away free books, it must be true, right? It must be true, because he said it is, and he didn’t have to write that article, and HE GIVES AWAY FREE BOOKS! You’re great at deceiving the average Joe. It’s just so sad that there are so many consumers out there that don’t think logically before making an opinion on something or someone. You’re a great salesman, I will give you that, but you are a master of deception. If a company is writing the state and making several calls, why would they be under the assumption they are in compliance? What prompted you to make those calls and write those letters? You give away advice and books for free, but you offered programs that cost people money, and you were not abiding by the law Steve.

      • http://GetOutOfDebt.org Steve Rhode

        I’m not sure I get the point of your comment. Are you unhappy that I warn consumers about issues to be wary of, give away my ebooks, answer questions for readers, or came forward about my issue with California back in my Myvesta days? I’m happy to address any specific issue you may have but let’s narrow this down to one issue at a time. You are all over the place here.

      • Anonymous

        Snow jason, first of all your posting has nothing to do with this posting so its quite odd you just come on to point out phony accusations against Steve Rhode and his website. second, you’ve pointed out that Steve should’ve been aware of another phony post made in March of this year when in fact he did respond to that phony post back in Sept. Now what’s even odder is that the website you are trying to point out on scamchecker was written by someone that never got scammed by Steve or even purchased a book from Steve which by the way is FREE to the public. Dont you find it odd some random person just goes on there and files a report on Steve as a scammer when that person never actually communicated directly with Steve or made any type of transactions with Steve? So how is that being a scammer? Also what random consumer goes and research about financial advice would go out of the way to dig up dirt on someone when indeed Steve never did anything to that consumer that warrants all that digging unless its a pist off debt settlement company that is trying to post phony reports when Steve has all his questioning allegations answered and seems like people bring the same thing without taking the time to actually research his site for all those response from past accusations. Like ads, past operations and entity he had etc. etc.. This forum as you can see is not a playground for kids to make false claims or accusation on anyone or companies but to bring out facts vs fiction from other commentors suggestions made by visitors on this site. If you seriously listen to Dave Ramsey than what is your purpose on this site and why are you making allegations on someone you do not have solid proof of any claims? Oh by the way Dave Ramsey’s website has a shopping cart full of items he is trying to sell while here, its all FREE my friend.

      • just sayin

        I just wanted to say what a douche bag you are. You are a fucking queer. :)

      • Joe debt jr.

        You must have a myspace account.

      • just sayin

        No here’s a guy that knows what’s up!

      • Forewarned

        AMEN!! This Joe Debt Jr guy must be Steve’s closet lover! All he does is rip people who point out that Steve is worse than the people & companies that he is always so eager to attack! Steve openly admits on this site that when he did debt settlement they charged $495 per account which is equal to 25% fees! He bashes anyone who doesn’t practice “HIS MODEL”! Buyer beware!! Run from Steve & all of his cronies that his site reffers consumers to! They are all rippoff artest using fear to fill their pockets!!

      • http://GetOutOfDebt.org Steve Rhode

        Actually it’s only 25% of a $2,000 account, it’s only 2% of a $20,000 account. I can’t think of any small account we ever handled.

      • Grad10312

        This seems more of a gossip column than anything.

        Steve Rhode: No offense but you come off as a bitter douche bag who likely got picked on in high school and hasn’t been laid in a decade.

        Just my observation. Take care.

      • http://GetOutOfDebt.org Steve Rhode

        OK, I’ll bite, the piece consists of the publication of the email sent by the company and my observations and a look at the underlying rules. What part is gossip?

        I’m happy to discuss anything I wrote on this article that you feel is “bitter.” Can you please point to a specific example in the article so I can better understand your point.

      • J.S.

        I’m going to have to agree with an earlier posted comment. From perusing your articles, there does seem to be quite a bit of discrediting going on as you ‘review’ these viral-based debt management companies.
        How about some proactive advice? Since you label yourself as a third party news source, what companies/net branches would you recommend if a customer was looking to gett involved with an affiliate type program?

      • http://GetOutOfDebt.org Steve Rhode

        Simple, I’d look for a company that operates on a performance basis, does not charge advance fees and educates their affiliates about their individual liability and licensing requirements before sending them off to sell.

        I’d be happy to look at what you are considering and write an article about it to let people weigh in with feedback.

      • Really??

        Seems the more you expose the loopholer’s the more the angry rhetoric picks up Steve. Douche Bag, fucking Queer – these are all very well thought out arguments that clearly prove you are a scam lmfao !!! These guys should be out looking for another scam instead of blaming their loss of income on you.

      • http://GetOutOfDebt.org Steve Rhode

        You will notice that I keep asking critics about a specific post or article they object to so we can discuss it but they just start slinging insults instead.

        I’d love to have an adult conversation about an issue with them but that just does not seem to be possible.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.