Leadpile's Blog» debt settlement

Leadpile & Live Transfer Debt Leads

Mari Woods Holt — Fri, 02 Apr 2010 17:21:55 +0000

For many of you that work in the debt vertical, you probably struggle with it like we do with being able to convert the leads. Consumers have debt, and submit requests online to get the help, but for some reason after they submit the request for help, they do not answer their phone. Knowing this, Leadpile has teamed up with a company to provide live transfer debt leads to our buyers.
How it works:
Inbound call from the consumer – looking for a debt solution
We pre-qualify the consumer by asking them about their unsecured
debt amount, and state location
We take the calls and ask their name, unsecured debt amount & if
they would like to be transferred immediately to a debt specialist
Once the consumer has confirmed all of the information, they are
transfered to you

Note: Leads are all pre-qualified by US based call centers.

If this is something that you would be interested in, please let us know and we can begin testing immediately.

Higher Interest Rates, Lower Lines Of Credit!

Natasha Aronov — Tue, 09 Feb 2010 04:27:50 +0000

As if consumers do not have enough financial stress to worry about, the credit card companies are decreasing credit limits and increasing annual percentage rates. Due to the high number of people without jobs and suffering financial hardship, the credit card companies have had billions of dollars worth of losses. To attempt to fill in the gap, the card companies are making changes effecting card holders who are behind in payments in addition to card holders who have always paid their bills on time and have a perfect history. Credit cards have in the past always been issued to people with an interest rate and credit limit based on their specific risk to default.
With the economy in the state that is has been and many people with additional debt, consumers have been forced to use their credit limits, now faced with paying off balances with interest rates that have doubled or tripled.
According to msnbc.com we are entering a new “era” for credit cards. Previously as many of us experienced, credit card offers would appear daily in your mailbox, each with enormous credit limits and interest rates that were so competitive that it made applying for the card hard to resist. Many people who “couldn’t resist” are now paying for it with the increase in interest.
Possible changes in the near future…The new Credit Card Bill of Rights. The American Bankers association has stated that the new law will limit the amount of credit that is available and it will come attached to a higher price tag. In theory, consumers will have a better idea of long term costs and terms with the new law and will allow them to make more educated decisions.
LeadPile currently helps match consumers with unsecured debt such as credit card debt with debt settlement and debt consolidation companies, but what will change in the future of credit card debt if there is a “credit card bill of rights” that gets passed? Will it really affect anything? Who will feel it the most?

The Dreaded Holiday Credit Card Bill

Natasha Aronov — Fri, 08 Jan 2010 02:45:47 +0000

With the holidays finally over and a week into January, it is about time that we get that one last present from the credit card company. What might that present be you ask? A nice fat bill. Whether you did your holiday shopping in the stores or at the comfort of your home online, so many of us just go swipe, swipe, swipe all season long. It really is the the fastest and most convenient way to make a purchase. Sometimes you do not even realize how much you have racked up until it is all down on paper. More times then not, individuals will not be able to pay off the whole bill in one lump sum by the time that the bill is due.
Below are some helpful suggestion for when you realize you have bit off more than you can chew:

1. Use credit cards that offer cash back for purchases – You can put the money you get back towards your credit card bill.
2. Know your interest rate and try to use the card with the lowest interest rate.
3. Do not just pay the minimum balance due – Often that minimum payment will only cover the interest that was charged that month.
4. Get a balance transfer – transfer to a card that offers you a lower interest rate/reward programs.
5. Create a feasible payment plan and stick to it.

In some instances where you find that you are getting into too much debt, try to not feel overwhelmed and that there is no way of getting out of it. There are several options out there to get you back on your feet. For example, debt consolidation or debt settlement might be the perfect solution. Everyday at LeadPile we are matching consumers to debt professionals who are there to help you get the professional advice that you may need. Maybe consider getting help if none of the above options really worked out for you.

Paying To Not Use Your Credit Card?

Natasha Aronov — Wed, 02 Dec 2009 03:59:07 +0000

This past June many card companies such as First Third Bank decided they are now charging their customers $19.00 for not using their credit card. They added this fee to help increase their revenue, and a way to “encourage” their customers to use and manage their credit card accounts. With the amount of credit card debt and late payments, is this the only option of increasing revenue? Probably not. A lot of credit card companies such as Amex and Discover will simply send you a notice that your account will be closed if you do not start using the card. This seems much more reasonable than charging your customers for inactivity.
Climbing your way out of debt is hard enough, but fixing your credit score can be even more challenging. When an individual finally pays off their credit card, the first reaction might be to close the card so you do not get yourself into that situation again. However, depending on your debt to credit ratio it can actually lower your credit even more. So what is the best to do? Close your account and potentially lower your credit or leave the account open but get a fee for non use? This really puts people in a pickle.
One option for the consumer is to charge only one or two small items on the card a month. This will keep the card active without getting a fee or affecting your credit in a negative way. If you are one of the many that are in debt, debt consolidation/settlement maybe something worth looking into. Everyday at LeadPile, we match lenders with consumers to try and help with their debt needs, but each person needs to know the basics about their own credit/creditors. Knowledge is power!

Loan Modification & Debt Settlement Leads Wanted!

Mari Woods Holt — Tue, 03 Mar 2009 14:44:52 +0000

The economy is bad, and consumers are needing help with their mortgages and debt. Leadpile realizes this, and so does our advertisers/lead buyers. There are loan modification and debt companies out there looking to help more consumers. Leadpile is looking for those people to be matched up with our advertisers to provide these services.

Leadpile Lead Exchange makes it quick and easy for lead publishers. Here are the offers you can get up and going in minutes. This is a great way for these consumers to fill out the required information, and be matched up with those that can provide the service to them!

Debt Settlement:
http://www.lifedebtsaver.com

http://www.settledebt4less.com

http://www.stopdebt4good.com

http://www.suredebtsettlement.com

http://www.isettledebttoday.com

http://www.settledebttoday.com

Loan Modification:

www.nationwideforeclosurestop.com

You can access these in your Leadpile Seller account, or simply contact us to help you. Let’s help as many people as we can!!!

Buried In Debt: What’s The Best Way to Deal With It?

Mari Woods Holt — Mon, 15 Dec 2008 19:12:14 +0000

The holidays are here and more and more of us are getting more and more in debt trying to prepare. The unfortunate thing is many consumers were already in a bad situation with their debt, and now the holidays are going to add to the mess. There are various options out there to help consumers with their debt situation. Debt consolidation, debt settlement and credit repair are a few services that help consumers with resolving their debt situation.

Debt Consolidation: Working with a company that helps you consolidate all your credit cards into one payment. A lot of companies can even work with the creditors to pause any future late charges or excess fees from being added to the current balance.

Debt Settlement: Working with a company that works with the creditors to get balance settlements. A certain percentage of the total debt amount is paid, versus the whole amount and the balances continuing to get larger.

Credit Repair: Working with a company to help educate and direct you in the right direction regarding your credit. There is a lot of information to know about your credit report and how to really optimize getting the most of your credit report.

According to Consumers Affairs, here are some things that determine if you need help with your debt:

•	Your credit card balances are rising while your income is decreasing.
•	You are only paying the minimum amounts required on your accounts, or maybe less than the minimums.
•	You’re juggling bills. For example, you apply for another credit card and use cash advances from it to pay an existing card.
•	You have more credit cards than a smart gambler has poker chips.
•	You are at or perilously near the limit on each of your credit cards.
•	You consistently charge more each month than you make in payments.
•	You are working overtime to keep up with your credit card payments.
•	You don’t know how much you owe and really don’t want to find out.
•	You have received calls or letters about delinquent bill payments.
•	You are using your credit card to buy necessities like food or gasoline.
•	Your credit cards are no longer used for the sake of convenience, but because you don’t have money.
•	You are dipping into savings or your IRA to pay your monthly bills.
•	You are hiding the true cost of your purchases from your spouse.
•	You’re playing the card game by signing up for every credit card that sends you an unsolicited offer.
•	You have just lost your job or are fearful that you are about to and are concerned about how you will pay all your bills. Leadpile Lead Exchange deals with all these lead types and knows there are a lot of people struggling with trying to get some sort of help. Getting more knowledge regarding your “credit” is key to any of these services. Come out with something learned if you seek out any of these services, so this sort of thing does not happen again (if avoidable of course).

Credit Card Bubble About To Burst?

Mari Woods Holt — Mon, 17 Nov 2008 14:29:43 +0000

Credit cards are a way of life for most Americans. According to Time.com, in the last 10 years credit card balances have gone up 75%, yet consumer’s wages have gone up only 4%. Increased balances and the number of credit cards consumers have, has allowed credit card companies to reap the rewards for years. These credit card companies have always survived in tough economic times because they were able to generate lots of revenue from things such as late fees, however more and more consumers are now facing charge off. The charge off rate for default consumers is expected to reach 10%, which is double what the rate has been for the past 10 years. If there are more charge offs, that means credit card companies will be in the RED, because defaults/charge offs will far surpass the revenue they are bringing in from things such as late fees. So, what does that mean will happen?
In the case of American Express, they just became a bank holding company in order to receive some low cost funds and a piece of the $700 billion bailout. In the case of Citigroup, they layed off 10,000 employees and will begin imposing higher interest rates on it’s 54 billion cardholders. With other credit card issuers, there is bound to be some increased interest rates passed down to the cardholders and increased fees. The only way to really avoid the effects of these credit card issuer’s hardships, is for consumers to manage their money better where they avoid any additional late fees and also look at not incorporating any new debt. The only option I can see is looking at debt consolidation or debt settlement to avoid getting in a deeper hole. Leadpile Lead Exchange generates a lot of debt leads where consumers need help and need help now. Hopefully, they can ride the wave before any sort of credit card “bubble” bursts and they are affected in an even worse way.

Brick and Mortar payday loss is online payday gain

Mari Woods Holt — Mon, 10 Nov 2008 15:20:28 +0000

Sad days for those in AZ and OH with regards to payday loans. Many are not sure how these initiatives lost in the voting, however they did. This is going to affect a lot of brick and mortar stores located in these states. This is a very large deal, because there are quit a few stores located in these states. Where do we go form here?

According to PDL blog, image might have had something to do with being able to get legislation passed on the payday loan industry. Did the misconception of a payday loan really have that much affect on those that were voting on these propositions, or did voting consumers really not want to have payday loans around any longer? Now some lenders in these states and going to be closing down some of their stores. So how will this affect the internet payday loan industry? Will it be affected?
The good news is that some of these lenders that will be closing down locations, will now be looking at alternative options to offer the consumers. One of the alternatives is a short term unsecured loan. This type of alternative will then be able to still provide some assistance to those that are in a temporary situation, but do not have the ability to get a payday loan or any other “bank” loan.

Time will tell. I am sure all eyes will be on this industry to see if this recent legislation will affect what direction other states pursue……. or if there is a way to “try again” to get this legistration overturned. Leadpile Lead Exchange realizes that there are consumers that really need assistance with their unforseen debt/bills. We will continue to try and match up those consumers with the lender that can help them take care of this issue. Loan modification, tax debt relief, debt consolidation, debt settlement, credit repair and others are lead types where we are trying to get the necessary help to the consumers.

Business Cash Advance Lead Type in Demand!

Mari Woods Holt — Thu, 25 Sep 2008 14:20:54 +0000

Many businesses out there are in need of borrowing money, however they are not wanting to go through the long process of getting a business loan (or they can not qualify for a business loan). Businesses now have an alternative to a business loan, and that is getting a business cash advance. Business cash advance is a business borrowing money based on their credit card receipt volume.
The Leadpile buyers are demanding this new lead type, so we have created a new TEXT Link/landing site + multiple banners for our lead sellers/publishers.
www.USbizcash.com is available in the Leadpile seller account.

There is also the option of hosting our MicroClick form on your own websites too! Take advantage of this large demand and the innovative tools Leadpile provides to you to generate the leads! (http://www.MicroClick.com)

Other HOT offers we have:

- Cash Advance Leads
- Auto Financing Leads
- Credit Card Processing Leads
- New Car Purchase Leads
- Home Improvement Leads
- Debt Settlement Leads
- Credit Repair
- Bankruptcy

Want to make MORE $ with Leadpile? Get started today and receive $100 bonus! – call us today and find out how

Lead Buyers: Leadpile Lead Exchange Wants YOU!

Mari Woods Holt — Wed, 27 Aug 2008 14:28:24 +0000

Need AUTO FINANCE leads?
How about PAYDAY LOAN leads?
DEBT leads by chance?
What about CREDIT REPAIR leads?
No wait, how about BUSINESS CASH ADVANCE leads?

No matter what type of lead you are looking for, Leadpile is probably generating it…or can potentially generate it for you. Leadpile Lead Exchange is made up of buyers and sellers of real time web based leads. We are always looking for new buyers of leads to join our marketplace. Where else can you:

1. Get various leads types in one place?
2. Set your pricing you are comfortable with?
3. Define exactly what filters you want?
4. Get top notch customer service to answer your questions and provide support?
5. Work with a company that “does the right thing”, and is always wanting to have our buyers and sellers that are “doing the right thing”.
6. Have the ability to have leads posted to your website, redirected to your site, delivered on email or able to downloaded reports at any time!

What are you waiting for? Try out the Leadpile experience!
For those of you that are already buying or selling leads.. THANK YOU!!