Anyone having a hard time moving their debt leads due to the FTC?

[dtstim]

I know alot of people are moving away from debt leads due to the FTC rulings coming up here in Oct. I have an attorney network that will be able to still close debt deals even after the new rules are in effect.

Please PM me if you are interested in generating debt leads and how much you are looking to get for them.

 

[dtstim]

I guess everyone is scared of debt. I can not blame you. With the attorney network the rules can be bent to still make money in the debt vertical. If anyone is interested please PM me.

 

[mkrongel]

there is no exemption for lawyers. Good luck though

 

[dtstim]

there is no exemption for lawyers. Good luck though

If lawyers are not exempt would that bring any trouble to me directly for generating the leads even though I have nothing to do with the sales siode? I don't want to waste my time if I can be liable for anything.

 

[mkrongel]

If lawyers are not exempt would that bring any trouble to me directly for generating the leads even though I have nothing to do with the sales siode? I don't want to waste my time if I can be liable for anything.

Under the new FTC rules you as a marketer are liable if the debt company doesnt follow the rules.

 

[Dresden14]

I own a debt relief company, we help people with both debt consolidation (credit counseling) and debt settlement. We found a way around those lame laws... you guys need someone to sell or generate leads for, here I am. Create a landing page, lets discuss a price and get on it. Ive got 15 people in a room here in los angeles so let me know

 

[mkrongel]

lol the way around it is to shut down. Comply or go out of business. All marketers in the debt space i hope you read the law, you're now liable for the debt companies actions. Debt consolidation, settlement, counseling, student loan debt help, tax debt help, any promise to reduce debt now carries still fines for all if the end company doesn't follow the law properly.

This is the first law the FTC has said they will go after the marketing companies/affiliates if the end company doesnt follow the law, it says youre supposed to ensure that once you generate and sell a lead that the sold lead is being sold following the FTC rules and consumers are not charged ANY upfront fees, if it isnt its $10K fine per incident (aka lead). Adds up fast if you do 100 leads a day

 

[Dresden14]

.....But, if you hire a programmer for $10k to make a "Custom financial success kit" that sells as a tangible product, (a product that goes in their hand) as physical property and label it as a fee for our financial analysis and have your legal team research this in detail your in the clear.

So many just say "setup fee, consulting fee, or give them nothing in exchange for a deduction" (hence illegal). We worked out this nonsense a month ago. We're also an offshore entitity.

If you guys wanna send leads, we can workout a cost per application. I'll also sign an agreement of nondisclosure, no one will know you generated the lead (and if so, in fine print advertise as a financial success kit, with the benefits of consolidation).

People who give up, let them fall scared to the FTC and their goons.

Let me know.

lol the way around it is to shut down. Comply or go out of business. All marketers in the debt space i hope you read the law, you're now liable for the debt companies actions. Debt consolidation, settlement, counseling, student loan debt help, tax debt help, any promise to reduce debt now carries still fines for all if the end company doesn't follow the law properly.

This is the first law the FTC has said they will go after the marketing companies/affiliates if the end company doesnt follow the law, it says youre supposed to ensure that once you generate and sell a lead that the sold lead is being sold following the FTC rules and consumers are not charged ANY upfront fees, if it isnt its $10K fine per incident (aka lead). Adds up fast if you do 100 leads a day

 

[JustFU]

.....But, if you hire a programmer for $10k to make a "Custom financial success kit" that sells as a tangible product, (a product that goes in their hand) as physical property and label it as a fee for our financial analysis and have your legal team research this in detail your in the clear.

That is how we got around it when I ran a Credit Counseling service. We started getting hammered for charging upfront, so we stopped, and instead sold them a coupon book for $197 which included our services.

 

[Dresden14]

When you ran? Im assuming past tense, as in not in business anymore. How the hell did you sell a coupon book? I would be like WTF. We dont even mention it, and throw it in the agreement(s) and break it to them over time until their file gets boarded. I rarely get complaints. But yeah anyone wanna affiliate through me or shoot leads let me know and we can all make bank

That is how we got around it when I ran a Credit Counseling service. We started getting hammered for charging upfront, so we stopped, and instead sold them a coupon book for $197 which included our services.