Scammers are Sending Me Debt Settlement Mailers. – Maria

“Dear Steve, I live in Texas and I am currently in debt of about 20K with two credit cards. My husband doesn’t know about my debt. I need advice regarding consolidation. I’ve been getting letters (at my mothers house, whose address I’ve never used for anything) saying they are reps of the govt and can … Read more

Listen to the Lies This Marketing Company Tells Consumers to Sell Attorney Based Debt Settlement Services

I’ve previously written about the attorney model debt settlement firm approach that some debt settlement companies are rushing towards in an effort to circumvent any fee ban that may be put in place. The logic is that attorneys are exempt from most laws so if an attorney is doing debt settlement then it must be … Read more

Debt Settlement and Loan Modification Mailers and Then Halo Mac and American Debt Relief

Thanks to a tipster (send in your tips here) I wanted to show you some examples of debt settlement mailers that in my opinion appear designed to confuse of make recipients believe they come from some official or government resource. These mailers came from Budget Mailing Services at budgetmailingservices.com. – Source I’ll post examples of … Read more

USOBA Says Don’t Cross This Line or We’ll Suspend You

The United States Organization for Bankruptcy Alternatives (USOBA) has just issued a press release about their new Zero Tolerance policy for members who engage in deceptive marketing. Yea, that would be the exact deceptive marketing I covered in Examples of Deceptive Official Marketing Sent Out By Debt Settlement Companies to Trick Consumers. Some are Members … Read more

National Debt Crisis Center (NDCC) Odd Commercial

This commercial aired the other night from the National Debt Crisis Center (NDCC) for debt settlement services. Excuse the dog collar rattling in the audio. Apparently the commercial made my dog want to scratch himself. What struck me as odd about the commercial was that it seems to be intentionally clumsy as if it is … Read more

Have You Heard of the National Debt Crisis Center? – Eric

“Dear Steve, Have you heard of the National Debt Crisis Center? Who should I use to consildate my credit cards and pay the lowest amount? Eric” Dear Eric, I had not heard of the National Debt Crisis Center before I got your question. I assume you are talking about the folks at this site. Maybe … Read more

Examples of Deceptive Official Marketing Sent Out By Debt Settlement Companies to Trick Consumers. Some are Members of TASC & USOBA.

I’ve seen more coy and scammy mailers being sent by companies in an attempt to trick or confuse people in debt to believe that some sort of government help is available to help them with their consumer debt. For the most part these mailers are nothing more than deceptive advertisements that try to get consumers … Read more

Leadango, Selling Debt Settlement and Loan Modification Leads

I saw the press release below and thought it was yet another wonderful example of the “selling” of debt settlement and loan modification services to consumers. Leadango Logo Debt Settlement TV Leads, Debt TV Leads English and Spanish. www.Leadango.com 1-888-957-9990 Debt TV Leads. Our Debt Settlement TV commercials are producing thousands of inbound calls every … Read more

Love Irony? You’ll Love This. Debt Settlement Industry Upset About Greed and Quality of…Itself.

A press release from Live Transfers USA really caught my eye, especially since they were bitching about the very same debt settlement infomercial I mentioned to you many months ago in “The Selling of Debt Settlement Services. It’s Easy to Sucker You In.” The release also complained that some in the debt settlement industry were … Read more

I Signed Up With a Debt Settlement Company But I’m Afraid to Quit. – Frank

Frank “Hello Steve, I have about 27K in credit card debt, 6 cards total. I am late on most of them, but they haven’t been charged off. One card though recently was removed from my profile where I can no longer make payments on the bank website. I make enough to participate in a DMP, … Read more

The Selling of Debt Settlement Services. It’s Easy to Sucker You In.

Did you know that for only $10,950 any person of unknown character and intent can launch a national advertising campaign and sell debt settlement services? On my last tour of the country I was laying half awake in bed and on came this commercial that certainly appeared as if it was a news broadcast or … Read more

Debt Settlement Lies & Inside How Debt Settlement Services Are Sold

Recently I had the opportunity to meet Michael Bovee from Consumer Recovery Network and I asked him if he would be honest enough or brave enough to openly share some of the marketing secrets of debt settlement services today. Here is what he was willing to share and you will see it is a very … Read more