“I am Blowing the Lid off the Debt Settlement Industry and Teaching YOU the Hidden Insider Secrets on How to {Break the Curse} of Bad Credit Card Debt, ONCE and for ALL"

Regardless if you have $20,000, $50,000, $100,000 or even $200,000 in credit card debt — DON'T DO ANYTHING until you read this information. I will help you eliminate that DEBT and save thousands of dollars in FEES in the process…now is your opportunity!

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We will review your specific situation and answer all of your questions.  After your consultation you will know why we are the best and most affordable option available to deal with debt and credit issues

From the desk of: Michael Bovee

Re: Eliminating Your Debt for Good

Date: May 25, 2007 6:43 p.m.

Dear Friend,

re you swimming in bad credit card debt?

Have you been researching your options only to find out that every company seemingly offering you help is really just looking to charge you thousands of dollars in fees?

I am going to PULL the RUG out from under the debt settlement industry once and for all. Don’t do anything else until you discover what the debt settlement industry doesn’t want you to know.

If you are looking for the path to a debt free lifestyle, then this is going to be the most important letter you’ll ever read.

When dealing with DEBT, time is of the utmost importance. Every day spent in ignorance is costing you heaps of money in interest payments and robbing your family blind.

Reason One: I have been actively involved in assisting consumers with debt and credit issues for the past 9 years. I have either actively worked with or fully researched every aspect of the many options available to consumers to break free from the stranglehold of debt. Consolidation, counseling, debt management plans, debt roll up, bankruptcy, settlements, even fringe legal arguments. But what you really want to know is that I have a solution to your problem--bottom line!

Reason Two: Insider Knowledge and Secrets. Over the years, you get to know what works and what doesn’t. That’s just experience. Members of our network, myself included, have been working directly with both the collection and advocate sides of our industry. In some instances, for 20 + years. The results of this have allowed us to recognize trends and advantages when assisting our members one on one. Not one of my clients over the years had the exact same circumstances. Each one of you is unique. Because of our experience, we know that a canned or one size fits all approach is not how to best serve our members interests. What works best for one may not be ideal for another. Our educational material is broad enough to help anyone. Tack on our one-on-one coaching and strategy sessions and we are truly set apart from others in our industry. It would only make sense for someone like yourself to take advantage of someone who is knowledgeable and has the expertise to save you time, money and aggravation.

Reason Three: Individuals like yourself are able to gain great relief from financial pressure as a result of the CRN audio seminar and support you’re given. What more can you ask for? A company that provides you all the information, tools, and support accompanied by a return policy and a guarantee that is not offered anywhere in our industry (keep reading to learn more about our one-of-a-kind Guarantee).

• GUARANTEE: After purchasing our "Settle Down" Debt Settlement Audio Series, if, for any reason, you decide that you would prefer CRN to handle your account settlements, your total cost for the Debt Settlement Audio Series will be credited towards our Debt Settlement Service Fee.
• Why is this important?This is very important to you because the industry standard fees are 15% of your total debt, paid up front! Not only do we (CRN) credit your entire product purchase if you change your mind, but our fees are based on 15% of your total savings and are contingency based, meaning you pay nothing until you know what you saved and even then, only if you agree to the settlement offered.
• There is no one we are aware of that offers this type of commitment to our customers' satisfaction.

Reason Four: Documented and proven results. The following is just a sample of what some of our clients have achieved using our education and coaching.

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So, what happened?

How did the largest portion, and hardest working section of the American population, find themselves faced with such a dilemma? Listen, it’s not about the American population, it’s about you. So…

How did this happen to YOU?

It happened to you because you allowed it, there’s no denying it. And I’m not saying this to make you feel bad about yourself—absolutely not. I’m saying this because constructive feedback is good for you when someone like me is looking to help you. If you can’t take good criticism from a mentor, then you’re really not serious about clearing out your debt and wiping the floor with it.

There are several reasons why debt gets piled up and why you’ve allowed it to cause a bed of affliction in your life. The reasons are more numerous than the hairs positioned on the head of your scalp.

One of the biggest trenches that contribute to each one of your debt problems is the lack of true understanding (knowledge). This prevents you from properly analyzing the cost of credit and its consequences.

Guess what…?

There is a hooked-on-phonics approach that will allow you to break this endless cycle and finally start living that debt free lifestyle.

Take a moment to consider this…

Have you recently stopped to think about how much your new television or wardrobe you just purchased on a credit card actually costs?

Example #1:

You and your significant other are out on an evening event. The two of you decide to go out to dinner and see a show which will cost $125.00. You pay with a credit card that has an APR (Annual Percentage Rate) of 17%. Your minimum payment is 2%. The actual cost making minimum payments is $218.98 and will take 7 years and 4 months to pay off. That’s a long time to wait.

What if you are paying higher interest because you were a day late in paying your bill once? Or, the bank has raised your interest because your balance on the card, or any other card for that matter, is too high.

Example #2:

You and your significant other are out on an evening event. The two of you decide to go out to dinner and see a show which will cost $125.00. You pay with a credit card that has an APR (Annual Percentage Rate) of 29%. This time, your minimum payment is 2.5%. The actual cost making minimum payments is $445.11 and will take approximately 12 years to pay off. This is even a longer waiting time.

Now, using this example, multiply the quantity of purchases you’ve made on your card in about a year. Now you can see that making minimum payments doesn’t do anything but buy you a one way ticket on the Bank's Gravy Train for an eternity!

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Want to get off of that train? Keep reading for a real, no nonsense approach that will put you back in control of your future.

DO YOU TRULY WANT TO GET OUT OF DEBT?

If You Just Answered YES, then I Strongly Suggest You…

“…roll up your sleeves, break out a pen and pad…
and GET SERIOUSLY EDUCATED!”

BEHOLD! Your FOUR Primary Options to Get Out of Debt

Advantages and Disadvantages

E X P O S E D!

Option #1:

CONSUMER CREDIT COUNSELING SERVICES

Of the many options available, Consumer Credit Counseling Services (CCCS), have been the most popular with American consumers.

In fact, the new bankruptcy laws require the vast majority of filers to participate in these programs, but this particular debt management plan and service is full of flaws that will cost you BIG money.

You would think that Consumer Credit Counseling Agencies offer debt management plans with your best interests and goals in mind, right? This is hard to accomplish when they get paid by the creditors!

Yes, the CCCS companies were originally funded and set up by banks that get paid a percentage by your creditors.

Advantages (not all CCCS companies will offer these services):

They may offer free workshops.
Some may include credit and debt education.
Budgeting tools may also be available in some areas.

Disadvantages — Beware of the blow below the belt!

  No or Little Debt/Interest Reduction — An assumed, advertised benefit is that they're able to reduce interest once you're enrolled, but, this isn't always accomplished. In fact, interest rate reduction is less obtainable for CCCS programs than it was 20 years ago.

  No $$ "Break" — Aside from normal set up fees of maybe $75 and the small monthly fee or "voluntary contribution" of say $25, these companies are also paid a kickback or "fair share" from your creditors. This likens them to a kinder, gentler version of a commission-based debt collector.

  No Success! — Statistics show that CCCS programs usually take 5 years or MORE to complete and have a 75% failure rate. In other words, people who enroll start their 5 year payment plan and eventually drop out of the program still in debt!

  No Credit Help - Can Hurt Your Credit — These programs usually hurt your credit report because the banks report your enrollment in these programs to the credit reporting agencies.

  No Control — There is no flexibility or control when working with CCCS programs. Your money is distributed as THEY see fit, as it is in somebody else's hands. If you miss one or two payments you are kicked off the plan and back to square one.

Option #2

DEBT CONSOLIDATION

Advantages:

You may be able to negotiate a lower interest rate.
You will only have one monthly payment.

Disadvantages:

  No Safety Net — If it is a second mortgage or home equity line of credit and you can't make the payments; you run the risk of losing your home.

  No Difference! — You're interest rates might be lower, but aren't you really just trading one debt for another? Those payments still have to be made.

  No Savings on Existing Balances (If used correctly, along with settlement, there are advantages).

  No Qualification - MOST people in debt can’t QUALIFY to get a consolidation loan.

Option #3

FILING FOR BANKRUPTCY

Advantages:

You may be forgiven your unsecured debt (discharged).
Collection efforts by your creditors, by law, must stop.
You may be able to keep some of your assets.

Disadvantages:

  No Credit Recovery — You will have long term, detrimental effects on your credit report for 10 years and is a matter of public record; it may effect your future employment.

  No Asset Protection — Some of your assets may be sold under Chapter 7.

  No Choice - CCCS Requirement — You must get credit counseling from a government-approved organization within six months before you file for any bankruptcy.

  No Guarantee You'll Qualify — Since the new changes to Bankruptcy laws in 2005 before filing Chapter 7, you must first satisfy a "means test"; if you do not qualify under the "means test", then chapter 13 becomes your only option.

  No Flexibility! — You may be forced into a chapter 13 reorganization, where you will make payments to your creditors for sometimes all of the original balance. All the while, the court tells you how much you get to live on month to month.

Click Below to speak with a certified Debt Coach

We will review your specific situation and answer all of your questions.  After your consultation you will know why we are the best and most affordable option available to deal with debt and credit issues

Option #4

DEBT SETTLEMENT

This option will prove to be the most expedient, effective and affordable for you, depending on your current situation.

Advantages:

Debt settlement allows you to settle your debts and realize a drastic savings.
Once you have settled your debt, you will be able to establish a new beginning for yourself.
It saves you thousands of dollars in “future” interest and finance charges.
Once the debt is paid (at a reduced cost), you’re free of it forever.
You will typically end up paying only 40-70% of your current balance.

Disadvantages:

  NO WORRIES! Depending on whether you are behind in payments or current, your credit score may dip for a short period of time, but we're happy to work with you to get it back up.

Since Debt Settlement is the best option for most consumers, you are probably leaning toward it as well. The next decision is whether to use our Professional Debt Coaches to teach you how to do-it-yourself and save thousands of dollars in fees, or PAY a third-party settlement company to handle the negotiations for you.

MORE Advantages:

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Why “Do-It-Yourself” Debt Settlement is Better than Hiring a Debt Settlement Company

REASON #1:

The Biggest Reason: THE FEES

The first big reason why “Do It Yourself” debt settlement is better than using a third-party company is the FEES involved. With a professional company, you can expect to pay steep fees, in one of two different pricing systems used in the industry. In the following paragraphs, I will describe these two systems and give an example of how the fees would work under each system.

Contingency Fee Structure:

1. Administrative fee (3% to 6% of debt enrolled)
2. Monthly service fee ($30 to $80 per month)
3. Negotiation fee (25% of savings on each account settled)

1. Flat percentage of enrolled debt (12% to 16%)
2. Fee paid over 10 to 18-month period
3. Monthly service fee ($30 to $80 per month)

Educational Example 2:

You have $30,000 of debt. You hire a debt settlement company that charges 15% of the debt on the flat fee method, plus $40 per month. You agree to a monthly payment into the program of $600.

Assume the company manages to settle all your debts for an average of 40 cents on the dollar. At $600 per month, it will take 30 months to complete the program. Your total payout to the creditors will be $12,000.

Your three different fees will add up to $5,700 ($4,500 flat fee, plus $1,200 in monthly fees). So your total payout will be $17,700 ($12,000 to the creditors, plus $5,700 in fees).

To be sure, the above examples over-simplify the whole process, mainly because the debt level will not remain static at $30,000, but will inflate with interest and fees for at least the first six months (assuming you were current or near-current at the time of enrollment).

At first glance, the fee structure in Example 2 might look better, because the total fees are $1,280 less than the fees in Example 1 for the same amount of debt. However, there are two very serious problems with this second fee structure.

First, with the negotiation fees set at a flat 15% of the enrolled debt, the settlement company makes exactly the same amount on your case if they obtain 50% settlements as they do if they obtain 25% settlements across the board.

Either way, in Example 2, they collect $5,700 in fees. So where is the incentive to grind it out with the creditors to get you the lower percentage deals? At least with the contingency-based fee structure, the company makes a percentage of what they save you, so they have a built-in incentive to obtain lower settlements.

Second, under the Example 2 fee structure, the fees are "front-loaded," meaning they are collected during the first 10-18 months of a 30 month (or longer) program.

During the first year or more, most of the money you are paying into the program is absorbed by fees, and very little is left over to actually pay settlements.

With our DO-IT-YOURSELF system, there are no administrative fees, no monthly fees and no front-loaded negotiation fees to worry about. This is what I call beauty! You Pay for Results!

Take this a step further and consider our Guarantee. Let’s say you settled all of your accounts, but one. For whatever reason, you could not get that one done. You submit it to CRN and retain us on contingency to negotiate for you. We work out the best arrangement with your creditor and get it in writing. We send you the documented terms and you get to decide whether to accept or reject them. If you accept the settlement we provided, then you like what we did and CRN has earned its contingency fee of 15% of savings. Let me make this clear. You are already a CRN member. You want CRN to handle negotiating an account(s) for you. We do so and charge no additional up front fees whatsoever. You approve all offers. If you accept, we earn 15% of savings only.
For example:
You have an account of $10,000 that you submit to us to negotiate. Your coach negotiates for you and gets a 50% offer documented. You accept the settlement. You save $5,000. So, a 15% of savings fee is 750.00. When compared apples to apples with most settlement companies out there charging 15% of total debt, CRN will, by a huge margin, help you save more money. This will help you fund settlements, pay down debt, and reach your goals even faster. But it gets even better.

It is our opinion at CRN, if you couldn’t tell already, that most companies in our industry are over priced and some even under deliver. So, to make it even more fair, we will credit your entire purchase price for the CRN education, coaching and membership toward any contingency fees that may result from CRN negotiating on your behalf. This would mean that in the example above where you saved 50% the $750 fee from CRN would be off set by our guarantee and would actually leave you a credit towards any future settlement you ask us to do. Your success is our priority! As you can see, we back that up! So we would have essentially negotiated that $10,000 dollar account for you for free!!

So, let’s now compare apples to apples. By now, you know that negotiating the debt yourself using our coaching and education is the best deal and will save you thousands. But, to be fair, let’s use the same example from above so you can really see them side by side.

For whatever reason, you may decide that you just want someone else to take care of everything for you. So, if you hired CRN to negotiate everything for you, how much would you still save? Let’s use the same example as above with a debt of $30,000. Remember, as a CRN member you will pay no monthly fees and no administration fees. Let’s say we negotiate your debt down to 40% as in the above example. What would your total payout be? Again, it would be 12,000 (40% of original debt) to the creditors and 15% of the money saved to CRN which would be only $2700.

So, even if we did it for you, you would still save over half of the fees. Plus, the purchase price of the educational course is credited 100% to that fee.

Now, let’s look at the actual money saved on $30,000 worth of debt using a typical Debt Settlement Company in Example 1 and 2 above. You have:

Example 1 total payout was $18,980 or (63% of the original debt)
Example 2 total payout was $17,700 or (59% of the original debt)

Using CRN to negotiate your debt in this example resulted in:
Total payout of only $14,700 or (49% of the original debt)

Which option would you choose? Remember, this is based on $30,000 in debt. If your debt is larger, the savings will be magnified. Also, that is the savings if you wish to have us negotiate your debt for you. We can easily coach you how to do it yourself to save thousands more.

My mission is to SAVE you as much money as possible and get you the best result available to you. I highly recommend for everyone to first get educated on the debt settlement process first before asking CRN to negotiate for you. This will save you the most money possible. Our experience is that with the right coaching, our clients can get just as good, if not better settlements then they would have gotten by hiring a debt settlement company, and they save thousands in fees to boot.

And there is more than just money to be saved. There is also TIME to be saved by getting out of debt much faster on your own.

Using the first example above, with $6,980 in fees, at $600 per month funding level, that means an EXTRA YEAR IN THE PROGRAM! So doing it yourself would not only save you nearly $7,000 but would allow you to become debt free a year sooner. Why pay all that money to someone and ask them to do for you what you can easily do for yourself?

OK, you and I have examined the two common fee structures used in the debt settlement industry and concluded that thousands can be saved using the “Do-It-Yourself” system.

Further, we saw that the savings in money also translates to a big savings in TIME. It’s important you know your time has a value. In Layman’s terms, when you don't have to pay thousands in fees, you can get out of debt much faster, even if you don't settle your debts for percentages as low as professional companies might achieve (this can be questionable, you'll see why below).

Now, let's look at three more excellent reasons why the “Do-It-Yourself” system is safer than hiring a third-party debt company.

REASON #2:

Annoying Creditor Phone Calls can Turn Dangerous!

One of the main reasons that people hire settlement companies (when they could otherwise successfully negotiate their own debts) is because they don't want to deal with collection phone calls.

After all, it seems easier to just agree on a monthly amount, send in a check once per month, and have the settlement company deal with all the phone calls, right?

Wrong!

Here's the reality.

You will receive just as many phone calls from creditors when you hire a debt settlement company as you would if you handle your own negotiations. The exception is when the debt settlement company uses a "cease communication" letter.

In order to block creditor harassment, many settlement companies send out letters to your creditors demanding that they make no further attempt to contact you by telephone.

This is an OBSOLETE and DANGEROUS technique.

It is obsolete because it has been over-used, to the point where many collectors routinely ignore such letters. It is dangerous because many creditors react harshly and negatively to the letters. It’s to the point where many collectors will ACCELERATE the collection process by sending the account to an attorney for litigation if they receive a “cease communication letter.” Yet, many debt settlement companies still send these letters on their client’s behalf. This can drastically reduce your chances of a favorable settlement.

End result:
A lawsuit that stresses out the client and often forces them into bankruptcy court.

The best settlement companies no longer use this technique. Instead, they simply encourage customers to change their phone number, or use a combination of caller ID and call screening to cut down on the collection activity.

Conclusion:
There is nothing a debt settlement company can do to block creditor harassment that you cannot do for yourself—with less risk and less expense.

REASON #3:

Automatic Settlement Offers are Being Sent by the Big Banks!

One big fear consumers have is attempting to grapple their own debt negotiation with the Banks and getting creditors to settle. Negative thoughts occur such as these…. "I'm not a professional negotiator.” "Why would a creditor settle with me?" Again, stop doubting yourself and your abilities to settle your debts.

The truth is many of the big credit card banks AUTOMATICALLY send out settlement offer letters. And they make verbal settlement offers right before charge-off during the collection process.

More and more creditors see the logic of settlement, and frequently extend these offers when the account reaches a certain stage. In many cases, all that is necessary to obtain a 50% settlement (or less) is to accept a letter that may come in the mail automatically.

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Guess what?

When the settlement company gets the same offer, all they're going to do is take it on your behalf. One of the toughest questions to answer for these debt settlement companies must be when clients ask, "What did you do to earn your big fee? All you did was accept the offer that came in the mail anyway."

Conclusion:
Why should you pay thousands of dollars in fees just to accomplish something that's going to happen anyway through the “Do-It-Yourself” audio course?

While there are thousands of banks across the country that issue credit cards, all but a very small percentage are issued by the top 10 major credit card banks. One of those top 10 banks absolutely REFUSES to deal with settlement companies.

They have instructed all collection agencies and all collection attorneys that work on their debt assignments to REFUSE settlement offers from third-party settlement companies.

The banks HATE debt settlement companies….right or wrong? They believe that debt settlement companies are actually encouraging people to default on their obligations. Knowing what I do about debt settlement companies, I totally disagree with this bank's position.

However, the practical effect is that no debt settlement company can truthfully say that they do settlements with this bank, and yet EVERY settlement company takes on clients that have accounts with this company.

Here's the interesting part. This bank WILL settle directly with their customers, very reasonably before charge-off. They just won't accept settlements from professional negotiators.

In fact, if they find out a professional is on the job, they often immediately sue the client. So, what do the negotiators do? They coach the client on how to settle this one on their own, then charge their negotiation fee anyway. This is nuts!

Why should you pay out hard-earned cash to a debt settlement company for a job you're actually doing on your own? It makes no sense. A similar situation now exists with two more of the major credit card banks. Banks make it VERY tough on customers of settlement companies, yet clients dealing directly with these banks on their own after going through our education and coaching often receive settlements for 50%, 40%, 35%, and so on.

Conclusion:
It's safer to negotiate directly on your own with your creditors.

REASON #4:

Location Does NOT Effect Your Ability to use the “Do-It-Yourself” Course!

• Idaho
• Kansas
• North Carolina
• South Carolina
• New Jersey
• Wisconsin

The laws of your state prohibit or restrict the operation of third-party debt settlement companies. Most reputable settlement companies will not accept you as a client. Fortunately, this program is still available to you.

Why....?

The reason is because with our training and coaching program, you have the right to negotiate with your creditors for relief in the event of financial difficulty.

You also have the right to get expert coaching to help level the playing field between you and your creditors. That's where we come in. This program will help you achieve professional negotiation results at do-it-yourself prices. It's really that simple. So if you want to pursue a debt settlement program, but can't find a debt settlement company in your state, then you've come to the right place!

When you add it all up, debt settlement is a great strategy for dealing with problem debt, but it's far better to tackle the job on your own than use a third-party debt company. Here’s a familiar, yet old saying, "If you want the job done right, do it yourself!"

Debt settlement is an ethical and honest alternative to bankruptcy, but hiring a professional third-party negotiation firm can be an expensive decision. Expect to pay around 15% of your total debt in fees alone, with most of that coming in the first year of the program.

If you have $30,000 in debt, for example, that works out to $4,500 in fees, or $375 per month for 12 months. The bigger your debt you have over your head, the bigger your fees. The problem is that you still need somehow to save money for the purpose of making settlement offers to your creditors.

Save Thousands of Dollars — Not only will you save a tremendous amount of money by negotiating down your debt by 40 to 70%, but you'll save even more in long-term interest rates, finance charges, and late fees!

How to Deal with Nasty Creditor Calls and Letters — The Debt Settlement Audio Series will include detailed instructions on how to reduce nuisance creditor and collection calls and letters to an absolute minimum without causing adverse reactions.

Negotiate the Best Deal — Major Banks and creditors are constantly shifting tactics and policies. We know what major creditors are willing to settle for at various stages in the collection cycle. CRN can help save you an enormous amount of time, energy, and frustration by helping you understand when to hold out for a better offer, and when to take the deal on the table. Even if you only save an extra 30% off a $5,000 account, our program will have already paid for itself. Historically, you'll do much, much better.

Become Debt Free Faster! — By handling your own settlements, the debt elimination process will move much faster because all of your financial resources will go towards paying off your debt and NOT towards outrageous fees.

Avoid Bankruptcy — Debt settlement is a safe alternative that will relieve your financial stress while building your future.

Time it Right — Understanding exactly how each and every step of the debt collection process works is critical for your success. Effective negotiation of unsecured debts is largely a matter of timing. With CRN's personal coaching, you'll understand exactly how to time your settlement offers for the best deal possible.

Your 100% Risk-FREE, 10-Day PRODUCT Guarantee!

"Yes, Mike! I’m ALL Charged Up About Removing My Bad Debt and Creating a New Financial Path for Myself…" "I’m Ready to “Settle Down!” GUARANTEE: After purchasing our Do it Yourself "Settle Down" Debt Settlement Audio Series, if, for any reason, you decide that you would prefer CRN to handle your account settlements, your total cost for the Debt Settlement Audio Series will be credited towards our " NOTE: Upon receipt of the returned CRN Product, we will issue a refund. Refunds are made on the 15th of every month. TO ORDER: Simply click on the "buy now" buttons or “click here to order now” to process with a credit card or bank account or, if you would prefer, you can download our Product Order Form and mail it in with a Cashier's Check or Money Order. For questions on ordering, please call 1-800-939-8357. SHIPPING: It will take approximately 1-2 days to process you order for delivery. Shipping is ABSOLUTELY FREE and will arrive to you via "Priority Mail" in 2-3 days after processing. Yes, I want my debt free Debt Relief Package Now!

Click Below to speak with a certified Debt Coach

We will review your specific situation and answer all of your questions.  After your consultation you will know why we are the best and most affordable option available to deal with debt and credit issues