Comments on: What’s wrong with this statement?

By: dino delellis

dino delellis — Fri, 19 Dec 2008 02:16:07 +0000

I agree it’s deceptive advertising , but I think you can’t report them with this statement alone.

The most you can do is spread you skepticism and opinion of this ad ( like what your doing now) so that other people will look at it with more scrutiny.

By: stubsy

stubsy — Sat, 26 Jul 2008 11:09:03 +0000

I think the fact the repeated the statement 3 times is wrong, and the claim is wrong but some of these companies in the U.K claim to reduce your debts by up to 70%.

I think the only way you can do the 70% reduction is to offer a lump sum and threaten bankruptcy, you can do it yourself aswell.

By: Google Advertsing Dublin

Google Advertsing Dublin — Thu, 24 Jul 2008 18:53:02 +0000

Yeap, that definitely is deceptive advertising. I had my debt consolidated, and yes, my interest rates were lowered but my debt is gonna remain at the same amount unless I pay it off. Everybody’s looking for the easy way out, but sometimes the obvious way out is the right way out.

By: Natalie Brahan

Natalie Brahan — Wed, 02 Jul 2008 10:09:47 +0000

I do agree with the above folks. The key thing is the replacement of CONSOLIDATION into REDUCTION!

By: Bankruptcy Forms

Bankruptcy Forms — Thu, 26 Jun 2008 08:14:36 +0000

Yes that’s definately deceptive advertising. At first you when you hear that ad you think that they can reduce your debt by 50% or more. If you stop and think about it though that’s impossible. You can’t even file personal bankruptcy anymore and get away without paying 100% of any federal student loan debt.

By: Charles Brown

Charles Brown — Thu, 19 Jun 2008 14:39:03 +0000

I agree with Meryl. Some marketers, in their efforts to slip in a change up past the consumer with deceptive wording, deceive themselves. The ad is confusing and unclear. It is simply bad copywriting that serves no purpose.

By: Graham Strong

Graham Strong — Wed, 18 Jun 2008 18:20:16 +0000

Hey Mike,

LOL - “What’s wrong with this statement?” — well, that statement is a question! (I know you weren’t trying to be ironic, but that’s beautiful! Reminds me of the children’s riddle: Mississippi is a long word. Can you spell “it”?)

Anyway, I don’t think the radio ad is deceptive — in the legal perspective anyway. It just makes no sense. No matter what they are selling, a court of law isn’t going to accept the fact that an individual signed a contract with a financial organization *simply because what they believed they heard on a radio commercial*. If the person didn’t read the contract, it doesn’t really matter what got him in the office in the first place. And there are no real promises in the ad, so it isn’t false advertising.

But don’t get me wrong — I wouldn’t call them…

~Graham

By: Mordechai Boaziz

Mordechai Boaziz — Wed, 18 Jun 2008 16:01:07 +0000

Completely agree with Colleen Murphy:

“hey are selling loans, not trying to help you get out of debt.”

By: Colleen Murphy

Colleen Murphy — Wed, 18 Jun 2008 10:23:49 +0000

I think it means that you will combine 50% or more of your total debt with one loan company and scatter the rest amongst other creditors, probably at higher interest rates, leaving you worse off than before. They are selling loans, not trying to help you get out of debt.

They are implying that you will REDUCE your debt by 50% or more. Use a microscope to read the fine print before you sign.

By: Shane

Shane — Wed, 18 Jun 2008 04:25:59 +0000

Wondering if they didn’t hire any advertising consultant. I believe this will affect their reputation.