Go offline with the Player FM app!
20 Debt Relief Scams and Sales Tricks to Watch Out For: How to Get Out of Debt Wisely
Manage episode 501018018 series 1090713
Debt relief shouldn’t feel like a trap—but for too many people, it is. In this episode of the Get Out of Debt Podcast, your trusted debt coach, Steve Rhode (the original Get Out of Debt Guy), and Damon Day (the new Get Out of Debt Guy), break down 20 manipulative sales techniques used by both for-profit and nonprofit debt relief companies. Discover how to get out of debt wisely by understanding these tactics that get you to sign up—whether it’s the right move or not.
From fear-based pressure, fake authority, and bait-and-switch loan offers to commission-driven scripts that play on your guilt and urgency, this deep dive will show you exactly how these tactics work—and how to protect yourself. Whether it’s a credit counselor, a debt settlement company, or a company claiming to be a “government program,” you’ll walk away from this episode armed with red flag indicators and smarter questions to ask.
This is not about being afraid; it’s about being informed. Tune in now to get expert debt advice and take control of your financial future!
👉 Learn more at https://getoutofdebt.org
📞 Want honest, expert help? Reach out to Damon directly at https://damonday.com
200 episodes
20 Debt Relief Scams and Sales Tricks to Watch Out For: How to Get Out of Debt Wisely
Get Out of Debt Guy | Smart Debt Solutions for Your Financial Freedom
Manage episode 501018018 series 1090713
Debt relief shouldn’t feel like a trap—but for too many people, it is. In this episode of the Get Out of Debt Podcast, your trusted debt coach, Steve Rhode (the original Get Out of Debt Guy), and Damon Day (the new Get Out of Debt Guy), break down 20 manipulative sales techniques used by both for-profit and nonprofit debt relief companies. Discover how to get out of debt wisely by understanding these tactics that get you to sign up—whether it’s the right move or not.
From fear-based pressure, fake authority, and bait-and-switch loan offers to commission-driven scripts that play on your guilt and urgency, this deep dive will show you exactly how these tactics work—and how to protect yourself. Whether it’s a credit counselor, a debt settlement company, or a company claiming to be a “government program,” you’ll walk away from this episode armed with red flag indicators and smarter questions to ask.
This is not about being afraid; it’s about being informed. Tune in now to get expert debt advice and take control of your financial future!
👉 Learn more at https://getoutofdebt.org
📞 Want honest, expert help? Reach out to Damon directly at https://damonday.com
200 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.