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Would you work for those 'wipe out all your debt' companies?

 
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londonrocks
 
 


Joined: 07 May 2006
Posts: 59

PostPosted: Wed Aug 19, 2009 1:52 pm    Post subject: Would you work for those 'wipe out all your debt' companies? Reply with quote

They basically pay you commission for every person you get to use their service.

Has anybody done this, can you earn good money?
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jennysue19



Joined: 11 Aug 2009
Posts: 18
Location: Havant

PostPosted: Wed Aug 19, 2009 8:33 pm    Post subject: leave this alone Reply with quote

I recall that the BBC Radio 4 consumer programme You and Yours took a look at these 'debt removal' companies a while back.

They were trying to exploit what they thought was a loophole in the law in the wording on credit agreements.

The programme brought in legal advisers and basically said it was nonsense and that people should avoid these companies.

I believe that legislation is now on the way to close down these debt removal scammers permanently.

If you were to contact You and Yours via the BBC website, they may be able to tell you if the programme is still available online or as a transcript.

http://www.bbc.co.uk/radio4/youandyours/youandyours_contact.shtml
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montyzuma
Community Moderator


Joined: 25 Jul 2007
Posts: 7556

PostPosted: Wed Aug 19, 2009 10:47 pm    Post subject: Reply with quote

In my experience

any job where you only get paid commission
tends to be bloomin hard work

yes you MAY be able to earn good money
but the people who do make good money
tend

a) to be in the minority
b) to compromise their integrity
c) sometimes outright have to lie

with commission jobs you tend to be under a
GREAT deal of pressure to hit targets

while it may work for some
it may not work for you

Do your own due diligance through google and other websites

be careful of people promoting it
as they may not YOUR best interests at heart

good luck stay safe
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lucyj2007
 
 


Joined: 29 Jul 2009
Posts: 53

PostPosted: Sat Oct 24, 2009 9:42 am    Post subject: Reply with quote

ask the company if you can speak with some of the current reps, that way you can find out what it's really like. a decent company will let you speak with several.
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