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Debt Relief – Insolvency – Bankruptcy Information » Debt Relief » Secure-MC Imagine.mp4

Secure-MC Imagine.mp4 Benefits for the Debt Settlement and Credit Counseling Industries. Just imagine… Helping the consumer save, settle their debt and rebuild their credit. Who do you think they will remember? Secure-MasterCard has what your company needs to help you and the consumer save. We charge LESS, You SAVE and make MORE, all while helping the Consumer. Starting on October 27, 2010, for-profit companies that sell debt relief services over the telephone may no longer charge a fee before they settle or reduce a customer’s credit card or other unsecured debt. “At the FTC we strive every day to make sure America’s middle class families get straight deals for their dollars,” Chairman Jon Leibowitz said. “This rule will stop companies who offer consumers false promises of reducing credit card debts by half or more in exchange for large, up-front fees. Too many of these companies pick the last dollar out of consumers’ pockets — and far from leaving them better off, push them deeper into debt, even bankruptcy.” Three other Telemarketing Sales Rule provisions to take effect on September 27, 2010, will require debt relief companies to make specific disclosures to consumers; prohibit them from making misrepresentations; an extend the Telemarketing Sales Rule to cover calls consumers make to these firms in response to debt relief advertising. The Final Rule covers telemarketers of for-profit debt relief services, including credit counseling, debt settlement, and debt

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