AttaBoy TASC – Credit When Credit is Due

I was on the TASC website this evening and noticed a news letter issued by TASC Executive Director, David Leuthold.  The letter reads as follows:

Deceptive Marketing

Mar 05, 2010

Letter from TASC Executive Director, David Leuthold

March 5, 2010

Dear TASC member,

I want to bring to your attention a recent increase in companies practicing deceptive marketing;

specifically, they are using letters that resemble government documents to solicit customers. It is

companies like these that hurt the very consumers we are all trying to help and that give our

industry a black eye.

TASC was able to get a hold of some of these marketing pieces. The return address is from

Washington, D.C., with a logo of a judicial-type building. The letters use terms to confuse

consumers such as “U.S. National Debt Relief Plan” and “Consumer Debt Initiative.”

Rest assured, we will do everything in our power to call attention to these deceptive practices

and put these companies out of business. If you encounter any of these marketing pieces or know

of any companies that use them, please let us know immediately.

TASC prides itself on holding its member companies to strict guidelines of operation. This is

why we are, and will continue to be, the leading debt settlement trade association.

Sincerely,

David Leuthold

Executive Director

The Association of Settlement Companies

If you have read my previous articles on TASC, then you will know that I certainly don’t agree with everything that they do, but if they are helping to spread consumer awareness about these BS companies pretending to offer Government Backed debt relief, then I am behind them 100% in those efforts.

Nothing irritates me more to see those commercials that are set up to look like a special news alert, or have the white house or some other government building for a back drop. These ads are so deceptive and misleading that the FTC should be stepping in to remove them from the air.  If any debt settlement company mentions the words government program, or because of the financial crises, banks are forced to do this, or anything along those lines is, it is a red flag, and you can assume from that point on, everything else you are told by that company is simply BS as well.

So TASC, here is an AttaBoy from me.  Now what can you do about your member companies that front load their fees?

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