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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…
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Automated Debt Settlement Systems – More Trouble Ahead for Unwary Consumers
In my October column, I wrote about the future of the debt settlement industry in the wake of the FTC ban on advance fees. As I noted, the companies attempting to comply with the FTC ruling concern me more than the “loophole diehards,” who I believe will go out of business or be shut down…
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The Future of Debt Settlement
Today, October 27, 2010 is “D-Day” for the debt settlement industry. The second part of the recent FTC rule change goes into effect today, banning advance fees for third-party debt settlement. So it seems like an auspicious occasion on which to blog about the future of debt settlement. In my August blog post, I wrote…
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Are Consumers Really Paying Down Their Credit Card Debt Balances?
Just a short post for September, on the subject of consumer credit card debt as reported in the mainstream news media. In next month’s column, I will write more about recent developments in the debt settlement industry in the wake of the recent FTC ruling. During the financial crisis of 2008-2010, there was a steady…