Debt Relief Industry

Did You Know Debt Relief Recurring Revenue is Amazing?

Written by Steve Rhode

Look at this recent ad run in Maryland. The people that ran this must certainly have no idea what they are looking at in the debt relief space. The bragging point is “No License” which would give people a wrong impression that there isn’t significant regulation involved in selling debt relief services.

I wonder if prospective applicants get a copy of the Telemarketing Sales Rules when they apply. I’m going with probably not.

DEBT SETTLEMENT NO LICENSE!! (Lutherville)

Debt is the future there are millions of people with Credit card and hospital debt we help them get rid of it period. This is a straight comission position you can receive a percentage of there monthly payments for up to 2 years true recurring revenue its amazing. the best phone gig you’ll ever see.

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ you can really help people — the pay is great — the office is nice call (410)515-3200 Location: Lutherville Compensation: Compensation: what ever you collect by Wednesday get paid on Friday Telecommuting is ok. This is a part-time job. This is a contract job. OK for recruiters to contact this job poster. Phone calls about this job are ok. Please do not contact job poster about other services, products or commercial interests. – Source

But wait, it gets better. The same company also ran:

Modification – debt settlement (Towson)

CALLING ALL CLOSERS / SALES PROS / TOP SALES REPS

We are one of the fastest growing companies in the country. Average sales people are currently earning $500-$2500/week.

If you have experience in telemarketing – Debt Settlement & Consolidation, Loan Modification, Collections Agents, Insurance Agents, Vacation Sales, etc.

VERY HIGH PAYOUTS ON YOUR SALES

YOUR PAYCHECK IS UNLIMITED!

WE HAVE GREAT LEADS AND A GREAT ATMOSPHERE.

Call (410)515-3200 – Source

That telephone number has been used by several companies, including New Life Family Housing Group and USA Security.

Just what consumers need, to call a closer or vacation sales person for independent financial advice for critical financial problems. What do you think the odds are the person is going to get sold into whatever the debt widget is?

By the way, I called to find out more information about what kind of company this was and what their name was. They hung up on me.


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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.

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