A Client Success Story

(Based on an actual recorded interview with Robert K. in California, a Client of The Credit Card Relief Program)

The Situation
As a retired business owner, Robert invested in a venture to supplement his income.  For a time, it proved a nice complement to his Social Security income.  Eventually, however, the investment turned bad and his income was reduced by a full one-third, at which point he found himself seriously in debt and unable to keep making payments to his Creditors.  These Creditors were unwilling to work with Robert...his situation seemed hopeless.

Due Diligence
Robert knew that he would need help in getting out of debt, so he asked around and got on line and did his homework.  He decided that a debt settlement program would be the best option for his financial situation.  After talking with 3 companies, however, he learned a couple of important things: 1) Each company was just outsourcing the debt settlement work to another company; and 2) when he checked  with local BBB's (Better Business Bureaus), they gave these 3 companies an "F" rating.

The Solution
He knew that there was an answer out there, so Robert continued his research and found The Credit Card Relief Program (CCR).  Robert quickly noted that CCR had no unresolved issues with any Better Business Bureau in the country; had a proven track record of successful Debt Mediation services since 1999; and was one of the earliest truly attorney-driven debt settlement programs in the country. Robert also learned that the CCR Program required NO Up-Front Fees...in fact NO Fees at all until the first debt was settled, altered, reduced, or cancelled.  He learned that the CCR Program used real attorneys in his own state, and that his money was deposited in an independent Trust Account at a National Bank and that he had complete control over the distribution of funds: that only with his approval could funds be transferred to a Creditor.  In fact, Robert was even given a 90-day 100% money back guarantee.

Robert was convinced he had found the right solution.

In talking with his Representatives at the CCR Program Robert realized that besides enrolling in the program he would need to make some other big adjustments too.  And to his credit Robert rolled up his sleeves and got down to business.  He gave up a few golf outings and nice dinners, so he could allocate even more money to fund his Trust Account.  And whenever possible, Robert added larger lump sums to his Trust Account. 

The Result
Graduation day came as no surprise to Robert.  He was never more pleased than to get out of debt in months instead of what could have taken him 10, 15, or 20 years...and he saved thousands of dollars in future interest and fees over all those years that he now would not have to pay.  Robert's triumph provides financial lessons for everyone: carefully manage your money in good times and bad, before it manages you; think first before spending; use cash for most purchase - but when you can't, be very careful about how and when to use Credit.  Robert now has growing savings, and maintains only limited credit lines for emergencies. Life is meant to be lived, but live responsibly Robert says.  Oh, and by the way, Robert has no outstanding balances on his credit cards and his car is now paid off too!