1) What is Debt Settlement?
Debt settlement is one of several popular alternatives to bankruptcy today. While on a debt settlement program, a debtor accumulates funds in a separate trust account that the debt settlement company will later utilize when settling with a debtor’s creditors. A negotiator attempts to settle the accounts in question with the debtor’s creditors on behalf of a debtor. After a negotiation has been agreed upon, these saved funds are then distributed to creditors in periodic installments.
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2) What are the benefits of enrolling in a debt settlement program?
With the professional help of a negotiator, debtors on a debt settlement program will usually end up paying their creditors just a percentage of what they originally owed over the course of 2-4 years. Debt consolidation, bankruptcy (ch.7 and 13), and credit counseling, and debt settlement are the most popular options available to Americans today. Among those options, the latter is usually the fastest method. Although a debtor may run the risk of a damaged credit score and potential tax liability on a debt settlement program, the benefits of debt settlement can hardly be denied. A debtor that successfully completes a settlement program will usually see immediate improvement in his credit score even after one short year. More importantly, debt settlement provides freedom from financial stress both during the program and after its completion. Debtors usually feel less burdened to know that their situation is in good hands, and even more so when their debt has been fully paid off.
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3) How is debt settlement different from debt consolidation?
On a debt consolidation program, all of a debtor’s monthly payments are consolidated into one lower, monthly payment that will be paid out to each of the debtor’s creditors by the consolidation company. Debts enrolled in a debt settlement program, in contrast, are not consolidated but rather negotiated directly with the debtor’s creditors for just a percentage of what was originally owed. Once a successful negotiation has been agreed upon, the debtor may begin paying off the newly negotiated debt.
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4) What is my role as a CSA Independent Business Owner (IBO)?
As a valued IBO, you will be responsible for seeking out clients, informing them about our program benefits, and enrolling them in our program. CSA relies on the expertise of our IBOs in developing and retaining its client base.
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5) I’m interested in starting up a new business as an IBO,
but I’m new to sales and marketing.
Do you offer any training materials for interested persons like me who are new to this role and industry?
CSA’s training program has been specifically designed to train individuals regardless their level of experience or expertise. Whether you are a sales superstar or a rookie to this business, our training program will provide you with the education and instruction that you need to be successful as a CSA IBO. From step-by-step tutorials, educational materials, and sales/marketing support, you will have access to a variety of tools that will help you launch your business successfully. Our comprehensive electronic training program is easily accessible online and may be completed conveniently from the comfort of your own home.
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6) Will I be able to generate a sizable income as an IBO?
For each client that you refer and enroll in our program, a percentage of their payment will be credited to you as commission. Your success is largely dependent on what you sow into this opportunity. The harder you work, the greater your chances for reaping success and sizable capital. As soon as you set up your office and complete training, you can start making money!
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7) How do I make money?
We charge standard industry enrollment fees based on the total debt amount enrolled in the program. The enrollment fees paid by each client during the debt settlement process will generate your monthly income. Prior to completing enrollment, your client must sign a contract stating the time frame in which you have decided for the client to pay the enrollment fees. However, In order to maintain negotiating power, all fees must be collected within 15 months. The Average enrolled consumer debt is approximately $16,000. For each client you enroll you’ll receive an average commission of $1,650. If you only enroll 40 clients per month, after 7 months you will be receiving a recurring income over $20,000 per month and growing!
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8) I’m interested in becoming an IBO! What do I need to get started?
Becoming an IBO is simple! You will first need to rent out an inexpensive, commercial office space in which you will conduct your day-to-day business operations. As soon as you have established a physical location, you will need to equip your office with the following:
• fax machine
• printer
• phone
• computer
with internet access
As soon as you have everything set up in your office, we will provide you with the marketing and training assistance you need to launch your business.
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9) How can I get started?
Fill out an application online, and once it has been processed, we will contact you to discuss the qualification and training procedures in greater detail.
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