16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments #543670-00010

Submission Number:
543670-00010
Commenter:
Hancock
State:
NV
Initiative Name:
16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments
I was struggling with major credit card debt of over 50,000. I considered bankruptcy but could not move forward with it as it could possibly affect my career's future. After trying to work with the credit card companies with no success, I decided to use Debt Regret to help me become debt free within four years. Thus far in my debt settlement, I have reduced my credit card debt by 60% to 20,000 with an average settlement percentage at 32% which has produced me an average savings of 68%. Debt Regret has been a very positive life changing experience that has given my future a brighter financial outlook. I was given information that helped with my decision, such as the impact on my credit and how it will show up on my credit report. I could not have done it without their assistance. Please do not regulate debt settlement out of business as Debt Regret has provided a valuable benefit to me in my time of need.