Take time to read this - there is light in the tunnel that is not the train !
The debt counseling industry is one of the industries that show a very nice growth. Unfortunately, their target market is people with an income and able to pay some debt. This market creates itself in that the main reason - and in my mind the only reason why people get into this type of trouble is........wait for it - Greed. Greed by the lender and the borrower. The lender wants to give you credit that you do not need at totally overinflated prices - the latest washing machine saga involving Lewis stores and a gardener is resounding proof of this - Charging someone nearly 4 times the price of an article with all sorts of "advantageous bullshit add-ons" cannot be described as anything else than Greed.
The borrower's greed comes in where he wants to own stuff he cannot afford. The word "budget" in their minds are for dummies - "I know what I do " -
The one consumer that is not catered for is the one with no Job. He had a job and lost it for some reason or another and now is being haunted by collectors of all sorts
Their profile looks something like this and you might identify with this:
Age - Anywhere from around 20 to 50 - mostly
Race; All - mostly White due to "corrective measures" of government.
Composition of family - mostly family with children in school
Property ownership: Yes and no
Rentals: I would say about 60 to 70% are renting their accommodation
Car: In most cases - and being paid off and possibly in arrears.
Credit profile; Good going onto bad as a result of their financial position.
Other assets: Furniture, some electronics.
Lifestyle - Classic middle income but also lower income.
Challenges: Surviving - keeping food on the table- children in school etc.
Whatever the reason you are not working the challenges are the same when it comes to Debt collectors: They haunt you telephonically and schools harrass you about school fees.
Our seminars are going to cover (amongst other things) the following: ( These seminars are being sponsored and will be FREE OF CHARGE)
1. How to handle telephone calls from debt collectors.
2. How to negotiate with creditors.
3. Your rights regarding school fees in state schools.
4. Actions when confronted by threats of attorneys.
5. Where and how to complain.
6. What to do when you receive a summons.
7. Changing your mindset from negative to positive - why do you want to be an employee?
8. Discussion on real business opportunities.
9. Why Multilevel marketing is not an option
What you must do to attend a seminar: Register on the right to receive follow-up emails on future posts about this
The debt counseling industry is one of the industries that show a very nice growth. Unfortunately, their target market is people with an income and able to pay some debt. This market creates itself in that the main reason - and in my mind the only reason why people get into this type of trouble is........wait for it - Greed. Greed by the lender and the borrower. The lender wants to give you credit that you do not need at totally overinflated prices - the latest washing machine saga involving Lewis stores and a gardener is resounding proof of this - Charging someone nearly 4 times the price of an article with all sorts of "advantageous bullshit add-ons" cannot be described as anything else than Greed.
The borrower's greed comes in where he wants to own stuff he cannot afford. The word "budget" in their minds are for dummies - "I know what I do " -
The one consumer that is not catered for is the one with no Job. He had a job and lost it for some reason or another and now is being haunted by collectors of all sorts
Their profile looks something like this and you might identify with this:
Age - Anywhere from around 20 to 50 - mostly
Race; All - mostly White due to "corrective measures" of government.
Composition of family - mostly family with children in school
Property ownership: Yes and no
Rentals: I would say about 60 to 70% are renting their accommodation
Car: In most cases - and being paid off and possibly in arrears.
Credit profile; Good going onto bad as a result of their financial position.
Other assets: Furniture, some electronics.
Lifestyle - Classic middle income but also lower income.
Challenges: Surviving - keeping food on the table- children in school etc.
Whatever the reason you are not working the challenges are the same when it comes to Debt collectors: They haunt you telephonically and schools harrass you about school fees.
Our seminars are going to cover (amongst other things) the following: ( These seminars are being sponsored and will be FREE OF CHARGE)
1. How to handle telephone calls from debt collectors.
2. How to negotiate with creditors.
3. Your rights regarding school fees in state schools.
4. Actions when confronted by threats of attorneys.
5. Where and how to complain.
6. What to do when you receive a summons.
7. Changing your mindset from negative to positive - why do you want to be an employee?
8. Discussion on real business opportunities.
9. Why Multilevel marketing is not an option
What you must do to attend a seminar: Register on the right to receive follow-up emails on future posts about this
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