New Ftc Rule Great News For Legitimate Debt Settlement Companies

By Author: David.Green
Total Articles: 20
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Many consumers are asking questions about a recent new FTC rule that will bring changes to many debt settlement companies. This rule is designed to protect consumers from debt settlement companies that charge upfront fees, but do not provide the service that is promised. This is very good news for debt settlement companies like Greenshield Financial Services, who have a proven track record of successfully helping their customers eliminate unsecured debt and improving their financial health.

Greenshield Financial is a financial health management company that follows the highest standard of professional conduct in the industry. This award winning company has based their business on integrity and dependability. They and many other legitimate debt settlement companies are excited about the new FTC rule because it is expected to put a lot of debt settlement companies out of business who are not providing the service for which they have been paid. These companies negatively affect the reputations of legitimate companies when debt settlement is still the perfect alternative to filing for bankruptcy.

The New FTC Rule

The ...
... new FTC rule prevents debt settlement firms from collecting any money until they've settled or reduced your debt and from charging upfront fees for their services. In addition, it is designed to protect consumers from marketing companies that earn big commissions for signing up as many customers for debt settlement as possible, when these companies are not capable of determining whether the caller is a qualified candidate for a debt settlement program.

A Company With Proven Results: Greenshield

Greenshield Financial Services is a reliable debt management company with a proven track record. Since January of 2008, over 1500 satisfied clients have successfully completed a debt management program with their services.

Greenshield has set a very high standard of service and has settled over 67 million dollars in debts - proving that they are undeniably providing the service for which they are being paid. Greenshield's achievements have even been recognized by the Stevie Awards as a Finalist for Customer Service Department of the Year.

Debt Settlement Program is an Excellent Alternative to Bankruptcy

If you are considering debt settlement or are already in a debt settlement program, you can be confident that a debt settlement program with a legitimate financial health management company is still an excellent alternative to bankruptcy.

You can rest assured that Greenshield Financial is ready to make the changes necessary to be in compliance with the new FTC rule by the end of October. Greenshield Financial is fully prepared to take on these new changes and not only provide superior service to their existing clients, but accept new clients as well.

Located north of Dallas, Greenshield Financial Services has certified debt arbitrators who follow the highest standard of professional conduct as designated by the International Association of Professional Debt Arbitrators (IAPDA). Greenshield's mission is to guide clients toward a debt-free life by helping relieve concerns, resolve debt, and rebuild strong financial health, both now and in the future. Part of the company's world-class customer service includes providing financial education and savings guidelines for consumers to deploy immediately and in the future, when professional debt settlement is no longer needed.

Heather Preston. debt settlement program - Green Shield Financial Services is a Financial Health Management Company that specializes in a debt settlement program as alternatives to debt relief, debt help, and bankruptcy to help you learn how to get out of debt.