Make Money Through Selling Debt Management Leads

   It can be quite easy to make money through selling debt management leads. I have some experience in this myself.

  

Always remember that where there’s muck, there’s brass. A good example of this is that some Debt Vultures, sorry Debt Management companies will pay you if you people who are in trouble to them. This has been big business in the UK for the last few years and although the massive rush might have past there is still a viable amount of people out there who need help. By acting as the middle man you can make good cash. Here’s what I got told from a Debt Management company in Scotland:

   “We pay £200 per completed trust deed referral and for that all we need
is a name, contact number and permission to contact, we do all the
paperwork, meetings and calls with clients.
 
   1 in 3 people in Scotland are struggling with debt so there is no
doubt that you probably have several people in your network that is
suitable for a trust deed, its just a case of mentioning to people you
meet that you can help people get out of debt.
 
   If you want you could post a link to our website on your facebook page
personally recommending our company.  We dilligently track all our
leads and ask clients where they got our name from.  We have 1 guy
that has fed us 3 leads just by mentioning us on facebook.
 
   The main criteria we are looking for is individuals with £10k of
personal debt or those that are in negative equity and do not want
their home anymore, the possibilities are endless.”

   I’d probably go very laid back on this. Try to get adverts on every Gumtree site covering your general area. Also do blog posts every couple of months. If you are farming an area with a leaflet campaign then remember to do a Debt Management Leaflet now and again. Try some classified size ads in your local paper.

   The simplest but also the most underhanded way to get leads is to take a job with a debt collection company such as Moorcroft. Not only would you therefore make money through the Debt Collection side of the business (I did this and made some nice easy cash) but you can also then write to the customers offering help via the Debt Management Agency. Moorcroft are ALWAYS recruiting agents. Just google them and drop them an email.

   If you take up this opportunity you will get money but don’t bet that farm on it being quick or easy, hence my recommendation to stay pretty low key.

   The Moorcroft job will bring in cash but can be time consuming and ever so slightly dangerous (remember you would often be dealing with true scum bags). Mark yourself down for £500 from Moorcroft (easy) and £200 for Debt Management leads within a year.