"That's right, debt settlement companies and their quote unquote settlement agents are stating that they're settling their clients debt for 15% in fees, but quietly whispering, if telling their clients at all, about the additional 7.2% in monthly service and maintenance fees "junk fees" they're going to have to pay. If you are not with one of them already, you're likely to join the debt settlement affiliates who are quickly transitioning to the attorney-based debt resolution model, as it has prevailing advantages over the "green state" model (the States that don't require an attorney to settle consumer debt," states Rich Preisig.
Settle My Debt with No Monthly Junk Fees - Both models are quite similar. The key difference is that, with the attorney-based model, attorneys resolve the debt versus just anyone (literally) getting on the phone as a representative of the consumer. This is better known as a "back-end debt settlement wedding factory" which, unfortunately, might know what to say, but doesn't know what to do.
Curiously enough, back-end debt settlement companies are popping up like wedding factories, offering their services - "you sell, we'll settle". It's all just marketing, and the wrong people can be found working in the debt settlement business. This is a result of the fact that there is no barrier to entry, and it's an unregulated industry. These companies are proving to be sloppy, inaccessible and not consumer-friendly.
These factories advertise religiously on Google to lure the "first time" sales offices into their marketing web. Just like the couple looking to get married for the "first time", and who enter into a marriage not knowing what to expect or what to ask, so have sales offices entered into a debt settlement affiliation, also not knowing what to expect or what to ask.
So, the downfall of the debt settlement industry has begun as pending legislation looks to particularly favor the attorney-based debt resolution model versus the non-attorney debt settlement model. The thought process is that an attorney has a far greater professional stake at hand should errors be made, whereas the salesperson utilizing the unregulated model will suffer no professional consequences should mistakes and harm to the consumer occur.
Clearly, the answer is to partner with an attorney-based debt resolution company - http://www.merchleads.com. However, it is of utmost importance to choose one which has stood the test of time, and caters equally to veterans of the industry as to those who are new at offering debt resolution to their clients.
"First and foremost, and as any industry veteran will advise you, watch your cash flow; be sure to work with a company that has made a commitment to pay you accelerated commissions within the first 3 to 5 months. This is a vital component in deferring the expense of leads and client acquisition, as well as covering sales representative's commissions. Keep in mind that the number one reason new businesses go out of business is because they have exhausted their working capital. Use these recommendations, and you can make life- altering money as a debt resolution affiliate in perhaps the biggest debt arbitrage this Country has ever seen.
Question: Are your agents properly disclosing these fees?
The additional $1,800 is 7.2% more than the 15% you're stating, no?
Your Office Is Charging Your Clients 22%? (Not a good idea)
2) Arrange interactive conference calls - this enables your sales force to ask questions and get answers, increasing their comprehension of the industry and therefore their success
Pitch debt settlement with a company that doesn't charge any monthly junk fees.
Your pitch is now;
{1) "Mr. Smith, unlike any other debt settlement company out there, our company doesn't charge any monthly junk fees. Do you understand the significance of this?"|
Richard Preisig aka Rich Preisig promotes consumer advocacy across the board.
Talk about infusing morale into your boardroom when your debt settlement agents have induced enthusiasm, as they pitch the truth and clients are saying Yes.
Start fresh and build yourself some freedom and security knowing that your clients are in a good place; fertile for your future business offerings, as you've done right by them and now they now.
If You Think You Need to Settle Your Debt, Find Out More at Settle My Debt Dot TV
Input Your Information at - http://CompareYourPayout.com - Where There Are Never Any Monthly Junk Fees.
Proper Debt Settlement - It's the faster way to settle your debt, as you're not paying monthly service fees or monthly maintenance fees. You're simply settling your debt properly!
When You're In The Know - Act Accordingly.
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Richard Preisig aka Rich Preisig promotes consumer advocacy across the board.Mr. Rich Preisig is a published author and debt settlement affiliate expert. Be sure to view his many articles at http://richardpreisig.com.
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