SAN ANTONIO, Feb. 12 /PRNewswire/ -- FreedomDebt.com (http://freedomdebt.com), a leading national debt settlement company, is providing help and hope for struggling debtors on the country's airwaves. While fledgling and often shady companies are hoping to capitalize on the exploding debt settlement industry by advertising with road signs, junk mailers, telemarketing calls, and even buying your personal information from credit bureaus, FreedomDebt.com appears regularly on television and radio shows across the country.
Several years ago, FreedomDebt.com began appearing on news and lifestyle shows such as the nationally syndicated "Daily Buzz," Meredith Broadcasting's "Better.tv," "Daytime," and others, educating consumers about their debt-relief options.
FreedomDebt.com discusses debt options on national TV show Better.tv: http://www.youtube.com/watch?v=vvcK_ru8kCM&feature=channel_page
Recently, FreedomDebt.com has been invited as a regular guest on the National Christian-based "The Word" network. Many similar-sized companies are spending millions of dollars on 30- and 60-second radio and TV commercials. "It doesn't take a business degree from an Ivy League university to understand spending most of your company revenue on marketing means far less is available to allocate towards customer service, and the customers suffer greatly as a result," says Jeremiah Martin, co-CEO of FreedomDebt.com.
Co-CEO Richard Martin says, "What is truly alarming is that many of these new debt solution companies are being run by the same people that helped cause the current mortgage crisis by writing unscrupulous loans. Using similar predatory practices, they often push clients in to programs they are destined to fail, just to collect fees. They weren't here before the economy went bad and most won't be here when it gets better.
"It is also important to note that, as was similar with the mortgage industry, most of the debt solution companies advertising on TV are frequently 'lead generation' companies, and when you contact them, sell your information to one or even several companies. If the company assisting you is not the same company you responded to, be very wary. Although some reputable companies buy these leads, this is how most new and non-reputable companies obtain new clients and you never really know who you are dealing with," says Richard Martin.
Making appearances as often as weekly in some markets, the Company's national spokesman, Tim Wilkins, provides useful information regarding the latest money-saving tips, consumer updates, and ways to reduce existing debt. For those struggling with extreme debt it is his detailed explanation of the benefits of debt settlement that are most helpful. Wilkins states, "Those who qualify for FreedomDebt.com's program are typically out of debt in 2-3 years and for around half of what they owed. They are provided with a monthly plan that dramatically lowers their spending compared to the minimum payments with the credit cards. This is something 'credit counseling' companies cannot offer and is a great alternative to bankruptcy for many. The program is not always a walk in the park but for struggling individuals determined to pay their debts, it is an important option." When asked his thoughts on using TV as the medium for the Company's message, Wilkins said, "Appearing on shows like the Daily Buzz and Better.tv affords us the chance to reach large, diverse audiences. Given the difficult economic times, I enjoy the opportunity to share financial tips and information that could have a positive impact on people's lives, and present how FreedomDebt.com can help people dealing with high-interest credit card debt gain financial stability and security. Also, these shows are ideal as I am generally a morning person."
Regarding the use of Wilkins and TV to reach consumers, Jeremiah Martin noted, "We feel the legitimacy of TV is tantamount to drawing a distinction between ourselves as an industry leader and the myriad start-up debt settlement companies coming in to capitalize on a growing market. Bringing on Tim Wilkins as National Spokesman was a perfect fit. As a TV personality and talk-show host with a financial background as well as a professional stand-up comedian, we felt he could bring just the right amount of economic and media savvy and blend it with a bit of levity to help deliver our message in these tough economic times."
FreedomDebt.com Logo:
http://www.ereleases.com/pr/2009-FreedomDebt.com-Logo.jpg
For more information, contact:
Dan Brunner at 888-710-3320, Extension 404
or visit:http://freedomdebt.com
andhttp://www.youtube.com/user/FreedomDebtTv
This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.
