I have written several articles on the Dangers of calling a debt settlement company to get financial advice. Today I thought it would be an eye opening exercise to show consumers the background and qualifications of a typical debt settlement sales person.
I do want to be clear though, I am not purposefully picking on debt settlement sales people and I am not saying all debt settlement sales people are bad. I actually believe that most of them really believe they are providing a good service and are helping people. Unfortunately, they just don’t have the financial education and background to understand that the front loaded fee structure programs that most of these guys sell is a total fraud and not the least bit beneficial to consumers.
So I am not blaming debt settlement sales people. I lay the blame squarely on the shoulders of the debt settlement companies themselves and of course any sales person, that does happen to know their program is total BS, but will sell it regardless of consequences to the client, just to make a buck.
The purpose of this video is to bring consumer awareness to the typical qualifications of a debt settlement sales person. Debt settlement sales people, for the most part, are not there to help you figure out what to do, they are trained to sell you their debt settlement program. After watching the video, you may think twice about calling a debt settlement company for advice.
Enjoy the video.