Debtfree Magazine October 2017

THE DREADED DROP OFF
CAUSES OF
DROP OFF
There are many reasons why people drop out of the process soon after
signing up. Let’s consider some of them.
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Some consumers are contacted
by debt Counsellors offering debt
review and agree to sign up without
fully thinking things through. They
soon have “buyers remorse” and
decide not to go ahead.
Consumers are contacted by agents
who mislead them into thinking
debt review is actually something
else. They may use terms like “debt
consolidation” or “negotiations with
your credit providers” and not fully
and clearly disclose that the process
they are talking about is debt review.
Consumers later feel tricked even
though the process will help them.