This is Why People Need to Be Aware Who They Are Talking to at Debt Relief Companies

Every once in a while I look around the web to see who is advertising. Today I spotted an help wanted advertisement by Preferred Financial Services that typifies why consumers need to be careful when calling the average debt relief company.

People think that what they are getting is fair and balanced advice by an independent person who wants to provide sound direction.

So let’s look at the advertisement that Preferred Financial Services put out to see the representatives they are looking for. The bold parts are from me.

Andover company looking for motivated and energetic ENTRY LEVEL SALES representatives. We offer debt help to consumers across the country. The work is primarily over the phone, although some electronic communication is required. WE DO NOT COLD CALL. We are looking for organized individuals who are motivated to grow with our company. Must be articulate and have excellent communication skills. Sales experience is preferred, however not required. Training is provided. Hours are Monday/Thursday 9-6, Tuesday 12-9, Wednesday 11-8 and Fridays 8-5.Must have reliable transportation.Please email your resume to be considered for this position and/or call 866-992-7400 x244 to set up an interview. Location: Andover, MA Compensation: Competitive Base PLUS Commission.

For me it’s clear the sales representatives they are looking for need not have any debt relief advisor experience, sales experience is a plus, and their salary will be part commission which may induce representatives to go for the sale rather than what is best for the consumer.

I have no problem if this is the type of advisor any debt relief company wants to hire. Consumers just need to be aware of what the motivation is of the representative they are talking to.


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Damon Day - Pro Debt Coach

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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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