16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments #543670-00036

Submission Number:
Kristi Thomas
Initiative Name:
16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments
My husband and I had tried many things to ease the pain of our increasing debt. We'd tried putting several small credit card balances onto a larger limit card; then tried paying off one small account at a time. But we weren't able to really make a dent into our total debt. We did research for quite a while on different solutions. If we filed bankruptcy or consolidation, we wouldn't be able to have open lines of credit for emergencies or be able to purchase a new vehicle; and we were going to need to, since one of ours would not last much longer. We had a relative go through debt settlement before and successful eliminated debt and was able to pay off vehicles and large items quickly. So we researched some companies on services they offered. We heard about Debt Regret on a national radio station, who highly recommended their service; they had also recommended a dog training facility which we had excellent results with. Through just 6 months of being in Debt Regret's program, we had the opportunity to settle one of our larger credit card accounts. With Debt Regret's excellent help and efforts, we settled the account for just about 25% of the total debt using 4 payments over the course of 4 months. The company's employees and representatives have been extremely helpful and understanding in this process. I like to read all the fine print in contracts, and they answered every single question I had in detail. Their service is incredible; available by email or phone and respond so quickly to any concerns that I have or even just a follow up phone call. I strongly request that the FTC do not regulate debt settlement out of business since Debt Regret has helped us and will continue to help us reduce our debt and benefit our family's life in our time of need. I have gladly recommended their services to other people too. We could not have obtained the same results without them. I would not have been able to discuss or get results like they can, since it's not my expertise. We are extremely grateful for the work they have done so far, and I am looking forward to the benefits of the results we will see in the upcoming months as we continue our program. Thank you and God Bless! - Aaron and Kristi Thomas