16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments #543670-00077

Submission Number:
Initiative Name:
16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments
I have been an employee at a Debt Settlement Company for the past 5 years and have enjoyed the experience of helping consumers in thier time of need. Our organization has always stressed putting the client's needs first. In the past five years I have seen countless success stories of clients who successfully completed the program and were able to get back on thier feet. From what I have found, the fee's that we charge are not out of line with the amount of service we provide. A lot or individual work goes in to each client and our company is certainly not ripping people off. There are bad apples in our industry just like any other, but my experience is that they dont last. The companies that last long term are the ones that are in it for the right reasons. Many little sales companies have started and failed, typically after the realize how much work actually goes in to the servicing of a debt settlement client. One this that seperates us in Debt Settlement is that we are fully funded by the consumer, not by the Creditors. Therefore we work very hard on thier behalf to get them a reasonable settlement on each of thier accounts. We don't have any alterior motives. Lastly, I just want to say that we have a great community of people at this office and over 200 employees. We have learned that this is a neccessary means to help people in their time of need.