Debt Settlement Processing Services

FinanceMortgage & Debt

  • Author Scott Jean
  • Published November 11, 2010
  • Word count 521

Debt Settlement Processing is a great service offered to mortgage brokers, debt settlement companies, financial agents, and insurance brokers. The main aim of this service is to take the follow up and back end processing out of a settlement company's hands so that it only has to worry about tending to its customers needs.

This service offers an extra level of support and the brokers or companies that sign up for it are provided intensive software training after they join it. The training is normally online and a proper manual is offered to all the affiliates with a 24-four hour support system.

Apart from this, the company offering debt settlement processing also provides training in relation to marketing and offers leads for easy processing. These companies normally have legal teams, which operate individually to settle commission money earned by settlement companies or brokers by getting their clients signed up with the processing company.

One can also refer friends to such companies and turn them into affiliates. They will normally be added below the recommender and the recommender will be give bonus for the recommended party's performance.

The rewards of becoming an Affiliate with these companies include 100 percent commission pay out, no requirements for monthly volume, state-of-the-art customer management software, and free training on the software. On the other hand, the clients receive 24-hour customer support, online 24x7 access to the account, and proper education.

Once someone joins in as a debt settlement affiliate he or she can begin with the process in a week's time. The client's recommended by the companies and brokers are treated equally with equal preference. In fact, the customer service department is very good. Calls get answered quickly throughout business hours. They also offer online account access.

Kinds Of Programs Offered To Clients

Debt Management Affiliate Program: This plan is normally offered to those clients who are never late on their debt payments, but need assistance with managing the debt. The DMP clients are offered a reduced rate of interest or elimination of late fee.

Student Loan Default Program: If the client has been a defaulter on the student loan, then a student loan default program assists in getting the client's loan discharged or out of default. The company assists with eliminating all kinds of discrepancies. The companies also offer various different payment options like loan consolidation with a decreased rate of interest.

Tax Settlement Affiliate Program: If the client has IRS debt, or tax liens then he or she is offered the tax affiliate program. In this program, the legal team of the company takes care of all the communications between the client and the IRS. By the time the program finishes, the client reaches some sort of agreement with IRS.

National Bankruptcy Affiliate Program: When clients are left with no choice but to file for bankruptcy, then the debt settlement processing company helps in making them take the right direction. The company guides the client during the whole process of bankruptcy filing. Some of the many benefits of bankruptcy include stopping foreclosures, stopping lawsuits, decreasing debt loads, ending wage garnishment, and completely removing second mortgages.

If you have a huge client base which requires debt settlement processing, then this is a fantastic way to earn extra revenue. It offers the required services to your client while helping you expand your business.

Article source: https://articlebiz.com
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