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A debt settlement is an agreement between a debtor and a creditor to fully satisfy a debt for a reduced payoff amount. Debt settlement programs are available to assist consumers in wiping out existing expenses without repaying complete totals. Offering an alternative to bankruptcy, court cases and neverending collection calls.
Benefits of Crusader
Attorney based and Performance based models. We Pay Highest Commission in the Industry. Full Legal Representation for clients enrolled in the program. The attorneys file answers for customers and even go to court if need be at no extra cost. All included in the regular service fee. We provide Back End software tools, where you can track your sales status, payment status, cumulative commission and request wire of your commissions as well. Maintain highest Retention rate in the Industry due to the following reasons: We explain the pros and cons of our program prior to client signing the agreement. We cover all disclosures during compliance call to ensure client understands the program and to re-confirm their information. Each clients is assigned a Customer Service Executive who is in regular touch with the client on monthly basis..
Criteria
Minimum Debt amount accepted is $10,000, Individual accounts must be over $500 Credit cards, Credit Union Credit Cards. Bank Issued Loans (Lines of Credit and Personal Loans) with at least 6 months payments prior to entering program. NOT from current bank. Hospital and Medical bills (has to be under 3rd Party Collections, also need a total balance of $2500 regardless of balance on each accounts). Debts placed with collection attorneys and collection agencies. Loans on repossessed personal property:(Cars, ATVs, Boats, Motorcycles, Jewelry, Furniture, etc). Cash advances and Balance transfers (require 6 payments by client prior to entering program). Past due rent and utility bills from prior addresses. Business Debts - business must be closed, debt cannot be secured.
File Submissions
Once client signs an Agreement via docusign, youll be notified. You set up compliance call through CRM. Underwritings done within 15 minutes. Client gets compliance call and FTF meeting set up during compliance call. Client meets one of the field agents from the attorneys office as scheduled. FTF Meeting done. File gets Activated in Global and CCS system. It normally takes 5 -7 working days for a file to complete the whole process.
Call Centers, Loan Mod Companies, Existing Debt Companies, Attorney office , Collection Agency etc. Have an existing team or ability to recruit team. Must have a branch or be a branch manager or experience managing others.
Month 4
Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12
$28,000
$35,000 $42,000 $49,000 $56,000 $63,000 $70,000 $77,000 $84,000