An amazing reader sent in a new debt relief mailer through my I Buy Junk Mail program.
The deceptive debt relief mailers, in my opinion, are still going out to consumers. Thankfully I got the following mailer someone had received.
I’m going to label this as an example of the type of mailer all consumers should be wary about. There are a few big red flags that I spotted right away.
1. The mailer does not actually identify any company. While the mailer says things like “Georgia Enrollment Center,” or “We are not an agency of the state or federal government,” it also does not say who the company is. Probably because this is a lead generation advertising mailer and not related to any specific debt relief company.
2. The mailer does not clearly describe the services offered in such a way the average consumer would understand the sales pitch. It is only down in the fine print where the mailer says it is a debt settlement offer.
3. The mailer could give people the impression the estimates are valid and concerns over being sued over the debt are imminent. Neither is true. In the fine print the mailer says, “We do not guarantee the accuracy of the public record from which the recipient was selected” and “We do not guarantee that your debts will be lowered by a specific amount or percentage, or that you will be debt-free within a specific period of time.” Yet the mailer says “After reviewing your situation, and based on past results, it has been determined that you can resolve this distressed debt for $11,000.” It also says, “Additional benefits may include an immediate reduction of payments by up to 60%, a reduction of your total debt by 60% or more and complete elimination of your credit card debt in 18-48 months or less.”
If I received such a mailer, I would pitch it.
Even the cover of the mailer doesn’t give any mention of who the company is.
But this isn’t the only mailer I’ve seen using the Department of the Treasury Publication 4681 sales pitch, click here to see more.
I would recommend that anyone considering using such a company should read the following free guides.
This offer was able to be reviewed because a kind reader sent it in via my I Buy Junk Mail program.
If you receive a credit or debt relief offer in the mail, do some good and let me pay you for it. Click here.
Want to see more mailers I’ve reviewed as part of this program? Click Here.