Los Angeles, CA (PressExposure) November 21, 2008 -- U.S. Debt Settlementâ¢ proudly celebrates their 5th anniversary. U.S. Debt Settlementâs President and CEO Michael Mann reminisces on the first five years. âWe started out researching credit counseling as a venture capital investment then realizing the tremendous opportunity in debt settlement. I tested the business as an agent for 8 months and liked it however; I thought we could do it far better.â
Mann takes great pride in the fact that his business helpâs people out of financial trouble. In its five years USDS has never had a complaint. Endorsement letters and testimonials crowd the U.S. Debt Settlement website with happy satisfied clients who have completed getting their debt settled and give thumbs up for the service. âThe key to this business is having open communication with customers. The goal for 2009 is to get to 10,000 new clients.â Mann said.
U.S. Debt Settlement is worlds apart from other settlement companies because they charge less compared to the competition. Mann thinks that other companies charge debtors way too much and he knew he could produce a better product by delivering superior customer service and charging less money than anyone else. They have not raised their rates in three years.
âMost debt settlement companies charge a lot of money upfront; however, USDS fees are a lot less, about half of what most competitors charge. The faster our clients get out of debt the less they have to pay and we encourage our clients to get out of debt as quickly as possible.
That is why USDS enjoys the tremendous reputation weâve earned in the market.â Mann said.
âWe are very encouraged by the extremely high number of clients who complete our program and say they love us because we helped them get a fresh start on life by getting out of debt.â
U.S. Debt Settlement recently tripled its staff, tripling hiring in its negotiations dept and client services. The company is looking to increase its market share organically and grow through acquisitions and find home business marketing agents who can qualify and enroll new clients.
Upcoming News US Debt Settlement will be shortly announcing âAmerica Keep Your Homeâ a new Ownership Retention / Loan Modification program for homeowners at risk of foreclosure and delinquent mortgage payments. Also, in 2009 U.S. Debt Settlement will launch a new DEBT Magazine and companion website geared toward helping the public get out debt with practical advice.
In January USDS will list its initial public offering on the Frankfurt Stock Exchange in Germany.
About U.S. Debt Settlement U.S. Debt Settlement specializes in helping those suffering from the hardship of overwhelming debt. USDS offers their clients an extremely practical and effective way to resolve what they owe credit card companies and other sources of unsecured debt. Simply put, weâll help you to get out of debtâand help put you on the road to regaining control of your financial future.
(c) 2008 US News Bureau [http://www.USNewsBureau.com]