Sales Position - Downtown Los Angeles

[capo]

Must have experience in debt settlement and/or credit repair. Willing to consider anyone with mortgage experience as well. Position is commission based with leads and data provided. We're a lean crew and intend to grow slowly and organically. Tons of opportunity with us along with our sister companies under the same roof. Shoot me an email at mmorelli@cornerstonefrg.com and mention Calguns for special consideration...we're a super gun friendly environment.

[The Duke]

So what are you guys? Are you bank trying to negotiate down unpaid bills from delinquent customers? I hope you are, and not one of those 'debt settlement' companies, that tries to insert themselves as the middlemen between institutions who should never have made loans to deadbeats and those deadbeats who want to cheat the system and not pay back what they owe...thereby putting a bigger burden on the rest of us who foolishly tried to be responsible with our finances.

The best way to 'repair' your credit is to make regular, on time payments on your credit cards. If they are charging you a usurious interest rate (say 30%) that makes this impossible, call them. Tell them your situation & that you want to make good on your debts before hiring some slimy bankruptcy attorney or "debt consolidation specialist". Odds are, your card will want to be paid back and there should be some manager that can work something out with you. You can keep your honor and integrity, while at the same time paying back the money YOU OWE...without hiding behind some legal eagle who will try and bluff your debtors into 'forgiving' the money you used to live high on the hog.

Then please CUT UP YOUR CREDIT CARDS!!! Your credit will be repaired NATURALLY over time as you repay what you owe and live a responsible life. Anyone who wants a shortcut...credit repaired before credit repaid...still hasn't learned their lesson and will just further hurt the system for the rest of us.

[bigmike82]

Dude, your post contributes to this thread how...?

[capo]

So what are you guys? Are you bank trying to negotiate down unpaid bills from delinquent customers? I hope you are, and not one of those 'debt settlement' companies, that tries to insert themselves as the middlemen between institutions who should never have made loans to deadbeats and those deadbeats who want to cheat the system and not pay back what they owe...thereby putting a bigger burden on the rest of us who foolishly tried to be responsible with our finances.

The best way to 'repair' your credit is to make regular, on time payments on your credit cards. If they are charging you a usurious interest rate (say 30%) that makes this impossible, call them. Tell them your situation & that you want to make good on your debts before hiring some slimy bankruptcy attorney or "debt consolidation specialist". Odds are, your card will want to be paid back and there should be some manager that can work something out with you. You can keep your honor and integrity, while at the same time paying back the money YOU OWE...without hiding behind some legal eagle who will try and bluff your debtors into 'forgiving' the money you used to live high on the hog.

Then please CUT UP YOUR CREDIT CARDS!!! Your credit will be repaired NATURALLY over time as you repay what you owe and live a responsible life. Anyone who wants a shortcut...credit repaired before credit repaid...still hasn't learned their lesson and will just further hurt the system for the rest of us.

Meanwhile in the real world, here is our average client's situation:

Debt: $25,000.00
Interest rate: 19%
Minimum Monthly Payment: $625.00

Most of these individuals have already contacted their banks, whose typical response is "F U" in so many words. That said, doing it your way will leave them in the following situation:

Months to repay: 513 (42 years and 9 months)
Additional cost from interest: $42,729.58
Total cost: $67,729.58

So while it's all well and good and noble to take the higher road and "repay what you owe and live a responsible life", it's pretty stupid and unreasonable. Especially considering whether they default, enroll in a settlement program, or pay it all off...the .gov is repaying these banks anyway.

But we do agree on personal responsibility. We're huge proponents of it. However, what we do KNOW is that 1) the overwhelming majority of people have NO formal education on what revolving credit actually is, how it works, and the ramifications of utilizing it, 2) the system is set up to make those people FAIL. That said, and combined with the fact that the .gov is feeding these companies regardless...we don't think anyone should feel bad about enrolling. Additionally, part of the program includes concurrent enrollment into our credit repair program which comes with a personal credit coach who will help the client "learn their lesson" so they don't dig themselves back into a hole when they complete the program.

[capo]

PS: My goal is to grow the company large enough to become a force in the industry and lobby for education to the masses on revolving credit...starting in a person's senior year in high school. No clue in hell how I will accomplish that, but I think it is important. Knowledge is power.

[scratch]

PS: My goal is to grow the company large enough to become a force in the industry and lobby for education to the masses on revolving credit...starting in a person's senior year in high school. No clue in hell how I will accomplish that, but I think it is important. Knowledge is power.

It's very important capo and I encourage you in your success.

One of the things I was involved with as a Senior Manager at a utility company was educating the 5th to 6th grades in energy conservation so they took this with them as they they grew up. Since I worked for a large corporation, we utilized a third party that had inroads with schools.

You could work it into a "game" where the students are issued credit cards and cash at the beginning of a semester and they have the ability to spend, pay and increase credit limits. Some students would be the lender, etc.....basically set up a functioning credit circle.

At the end of the semester give movie tickets, pizza, something to reward them.

[capo]

I am ABSOLUTELY convinced that even with one semester of "revolving credit" classes, consumer debt could be cut by billions. The challenge is...these credit lenders DO NOT want people educated on how to NOT fall into their trap, soooo...we shall see.

Whatever, if I can convince one person who otherwise would have fallen into it not to, good.