Telemarketing Software Featured Article to Comply with Telemarketing Sales Rules

November 05, 2010
By Anil Sharma - Telemarketing Software Contributor, which offers debt settlement services to thousands of Americans, announced that it will fully comply with the Federal Trade Commission’s new set of amendments to the Telemarketing Sales Rule (TSR (News - Alert)) governing the debt relief industry.

The Federal Trade Commission is America's federal consumer protection agency.

According to the amended TSR, all debt relief-related telephone calls - both outbound, from the debt relief provider to potential customers, and inbound, from customers seeking the company's services - are now subjected to telemarketing regulations. 

The TSR makes it illegal for debt relief agencies to charge upfront fees for their services over the phone. 

It also mandates that companies disclose how long customers can expect to wait before seeing debt settlement results, how much the company's services will cost, any negative consequences that could result from use of the company's service and information about dedicated accounts.

"We are taking the amendments from the Federal Trade Commission very seriously," said Dan Tilipman, CEO of, in a statement.

“So far this year we've helped consumers settle more than $87 million in debt and our hope is we can assist even more people in getting back on their feet in 2011," said Tilipman.

Tilipman said that unlike its competitors, discourages up-front fees, which according to him hinders consumers’ ability to increase their savings and pay off their debt at a time where they need it the most.

"Up-front fees leave consumers with no money to offer creditors for settlement, which basically makes the program worthless," said Tilipman.

He said that with program, people in debt are already settling their debts after three to six months because all of the payments go to their savings account. allows consumers struggling with debt to take advantage of debt consolidation, debt repair and debt settlement.'s quality control and compliance is also monitored regularly by The Association of Settlement Companies (TASC), leaving one less thing consumers need to be concerned about in an already stressful time of their life.

Anil Sharma is a contributing editor for TMCnet. To read more of his articles, please visit his columnist page.

Edited by Juliana Kenny