ZipDebt Client Comment Forum (2007-2019)
This post is intended to provide a forum for ZipDebt clients to post comments about their experience with the program. Recently, I spoke to a person interested in my program, and they told me that they didn’t bother to read any of the testimonials on my site because “everybody fakes testimonials.” Well, that’s probably true…
$8.5 Million in Credit Card Debt Settlements by ZipDebt Clients in 2011!
In 2011, clients of my ZipDebt program reported settlements totaling more than $8.5 million of debt, primarily credit card debt balances. Here are the actual statistics: ZipDebt Settlement Results for 2011 Number of settlements reported __568 Debt balances settled __$8,557,873 Amount paid for settlements __$2,752,917 Client savings __$5,804,956 Average account balance __$15,067 Average settlement result…
ZipDebt vs. Traditional Debt Settlement – How Do We Stack Up Against the Competition?
In my blog post on “The Future of Debt Settlement,” published a little over a year ago, I assessed the state of the debt settlement industry in the wake of the FTC rule-change that banned the advance-fee model for third-party debt settlement. To summarize, in that earlier post I described the in-progress breakup of the…
Debt Settlement Letters – Myths & Misunderstandings Galore!
In my 14 years as a debt settlement professional, I’ve reviewed thousands upon thousands of debt settlement letters. Last year alone we had about 1,200 of them to review and approve on behalf of our clients. If there is one subject I know well, it’s how to document a settlement! There is nothing especially difficult…