Debt
Settlement Program
Before you can offer Debt Settlement to your
clients you must first download the Debt Settlement Broker Application HERE & submit it to
your Account Executive
What is Debt Settlement? Debt settlement is an
attorney-backed negotiation on behalf of a client whereby the client's creditors
agree to settle outstanding debts for a dollar amount that is lower than the
actual amounts owed.
Our 50% Guarantee: We
guarantee that we will settle the client's debts for 50% or less than what the
client actually owes the creditors.
(Click
Here for details)
1. Broker receives a qualified lead
2. Broker pre-qualifies the lead by
following steps 3 through 7
3. Confirm that lead is in a state
approved by New Life Lending
(Click
Here for the current State List)
4. Confirm that the lead meets the
Minimum Acceptance Standards
(Click
Here for the current Minimum Acceptance Standards)
5. Get creditor information and
client's personal information
(Click
Here for the Excel Spreadsheet to record this information)
6. Get several phone numbers and
email addresses for the lead so that
you can get back in touch with the lead at later times
7. Go over the disclosures
(Click
Here for Debt Counselor Disclosures)
(Click
Here for Client Advisory Disclosures)
8. If the lead wants to proceed
with the debt settlement program then
send the completed Excel Spreadsheet to your Account Executive
9. Your Account Executive will then
email you a Contract that your
lead is to fill out and return to you
10. Once you receive the signed Contract
you
will send it to your Account Executive for review and approval
Helpful
Resources
DEBT
NEGOTIATION INDUSTRY STANDARDS