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 of many (if not most) debt-related websites. Not so with ZipDebt. ALL of my testimonials are real. No need for faking it here. But it gave me the idea of providing a way for clients to write in and post comments on their own.
Feel free to write about your experience of handling your own negotiations with training and coaching by yours truly.
Two simple ground rules for posting your feedback:
1. Please do not mention bank names or the names of collection agencies. (Two reasons for this: One, I don’t want to get drowned in blog-spam by debt collectors who work for said companies, or notices from their legal departments, etc. Two, settlement percentages are a moving target, and a bank/agency that settles for 30% today may stick with 50% tomorrow, and vice versa.)
2. Please do not include website links or html tags in your posts.
3. No profanity please (however tempting it may be to dump on your favorite debt collector). 🙂
Otherwise, please feel free to relate as much or as little as you care to share with others. The main purpose here is to help the folks who are struggling with their decision about whether to use this strategy in their situation.
I want to say THANK you to Charles for the great service that he provided. I had gotten myself in around $120,000.00 of credit card debt and was struggling to make payments. I had spoken to some other companies that claimed to help with this and they wanted me to make huge monthly payments to them to help me with this. My question was how am I supposed to make payments to them when I am struggling to make the payments anyway. Just didn’t make good sense to me and there was no guarantee that they could even help. I had already stopped paying on my cards prior to signing up with Charles and was trying to do this on my own with no success. After looking at his program I spoke with Charles and he explained his program and I chose to go the do it myself route with his guidance. He walked me through the process and explained how these companies negotiate and what percentages to aim for.He also pointed out the mistakes that I had made trying it on my own. He was always available and was fast to answer phone calls and emails. I ended up settling for 23 to 40 per cent on all of my cards. Roughly around $37,000.00. Averaged out to about 35% across the board. I could not have done this without Charles helping me. His fee is money well spent. I can now move on and enjoy the rest of my life. Again I want to Thank you for your guidance. I highly recommend this program to anyone with a mountain of credit card debt.
Dear Charles,
I can’t express our gratitude for helping us to get out of debt. We have been debt-free
for almost 5 months, and it feels wonderful. I remember well listening the last chapters
f your course for the first time and thinking about how nice it would be worrying about
FICO score. Well, we have arrived to that point, and our score is respectable 670 now.
As everything else, it worked exactly as you predicted. By the way, I filed my taxes a
month ago, and your calculator was a really great help. Dealing with 16 (!) 1099-C
forms would be really difficult without it.
I recently went through my records and just realized how stressful all the negotiations
were. Obviously, I would have never been able to do it without you. Honestly, I was
fascinated by the whole concept where such a novice like myself was able to negotiate
with all these collection sharks. I think it worked partly because of the way you
masterfully built your course, but your personality was also a huge factor. All your
communications, both by e-mail and phone, sent a calm, powerful message “Don’t worry,
everything will be fine”.
Well, it was really hard to believe that everything would be fine while we had more
than $310k in debt. I remember my state of horror when we were $6000 short every month.
There was no way of continuing like that, and you basically saved us from bankruptcy.
It turned out that we could settle our debt at 19-50%, with an average of 31%. I still
don’t get it how your advice was always accurate, not matter who I was dealing with.
I do understand that you have a lot of experience, but it is still quite remarkable
that you were right every time.
The last point I would like to make is that what you doing is really noble. I think you
know it, but it is important that you hear it often from other people. You have found a
great way to help people.
Thank you again for everything.
I am writing to express a tremendous amount of gratitude to Charles Phelan for the support and excellent assistance I received from him through his Tailored Debt Settlement Program. Sadly, due to a series of unfortunate life circumstances I was over $30,000 in credit card debt and unable to sustain the monthly payments, particularly in addition to my low salary, cost of living expenses and student loan payments. I did not see any way out of my situation other than bankruptcy, until I found Charles and his Tailored Debt Settlement Program.
Charles has been a true lifesaver to me! He has been kind, patient, thorough, reassuring, encouraging, organized, and detail-oriented throughout the entire process of settling my four credit card debts. He provided a clear overview of his program, answered all of my questions, and responded promptly to all of my inquiries throughout our work together. You could not ask for better communication skills! I was most appreciative of how patient he was with me during these stressful and anxious times. Additionally, he was flexible and willing to work with me in regards to my schedule, for which I was also grateful. I never thought I would see an end to my credit card debt or the persistent phone calls, but thankfully with Charles’ help I have closed that chapter of my life. To all those considering ZipDebt, I highly recommend the Tailored Debt Settlement Program.