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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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07-12-2005, 08:25 PM
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#1 |
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Confirmed User
Industry Role:
Join Date: Nov 2003
Posts: 346
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Anyone know how the debt consolidation industry works?
Does anyone have some info on how they operate, like business model and how much they make per client, etc..?
msg me AIM: savantmarketing email: [email protected] |
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07-12-2005, 08:27 PM
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#2 |
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I need a beer
 
Industry Role:
Join Date: Jun 2002
Location: ♠ Toiletville ♠
Posts: 133,949
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The best bet would be going through your bank..better intrest rates
__________________
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07-12-2005, 08:48 PM
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#3 |
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Confirmed User
Industry Role:
Join Date: Apr 2001
Location: Michigan
Posts: 4,488
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They operate on the premise that if you are dumb enough to get into debt they can probably string you along and milk you dry.
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07-12-2005, 08:49 PM
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#4 |
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Confirmed User
Industry Role:
Join Date: Feb 2005
Posts: 579
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They work by consolidating your bills into 'easy' payments so that when you can't make those easy payments they negotiate, not only are you behind on those but now you owe the debt consolidation company as well.
Debt consolidation is a tough row to hoe unless you have a few whale clients and deals with bankruptcy attorneys. nice AIM nick; I read everyone has a little savant hidden inside |
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07-12-2005, 09:00 PM
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#5 | |
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Confirmed User
Industry Role:
Join Date: Nov 2003
Posts: 346
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Quote:
hmm, I was more interested in the numbers. thanks |
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