Bad debt and good debt
According to a study released by Bankrate, Inc. in February 2008, 66% of Americans say debt is often the result of unfortunate circumstances beyond a person’s control, while 60% say it is usually the result of bad decisions. In addition, 64% of the people polled who carry debt admitted that debt is a cause of worry for them. While there is a difference between bad debt, and good debt, people have more debt than ever before. A combination of bad debt, and increasingly higher debt loads means more people will need of a debt consolidation or settlement solution than ever before. There is currently an open corridor opportunity for the debt consolidation or debt settlement company who can position themselves as the market leader.
This is so true!!! For the last 3 months companies are overbidding each other for the debt settlement and debt consolidation leads. I would say that in the 3rd quarter of this year companies will be paying $70 or more for an exclusive debt lead.
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