Frequently Asked Questions

What is Debt Settlement?

Simply put debt settlement is the negotiation of balances downward in one lump sum. The process allows a client to build up a savings account over the period of 12-60 months. During this time, many of the accounts will go delinquent if they are not already allowing for us to receive extremely reduced payoff amounts.

What is XLOS.net?

XLOS.net is the training system of Debt Zero Processing, a settlement company specializing in negotiations with creditors on the consumer’s behalf.

What will my job be?

To locate potential clients, enter their information into the web based software, print email or fax client the contract to be signed, turn in signed contract and you are done!

How do I make money with XLOS.net?

Once you complete the training you’ll enroll clients directly into our system and you’ll be paid each month based on the debt load of each client. For more information on the commission breakdown go to home page and click on commission calculator.

Who handles clients once they are enrolled in Debt Settlement?

Actually this business opportunity comes with Debt Zero Processing services.

What States can I market and find clients in?

Processing services are available in 48 states, therefore the only 2 states our services are not offered in are Colorado and Wisconsin.

How long does it take to get set up as a new business?

That depends on you and how fast you can learn our system and training material. We can have you set up and trained in less than 24 hours but in most cases people take 48 hours to start producing.

How do I know if this is the right business for me?

Did you take our survey? Go to the home page and click on Self Survey, Is this right for me?

What type of Software is provided?

Our software requires no downloading, no servers, and no subscriptions! Completely web based and extremely user friendly designed entirely around and for the settlement industry. You’ll be able to track leads, appointments, and enrollments right through our system.

How many affiliates are succeeding?

Since March of 2007 when XLOS.net training was released our success ratios have been jumping dramatically and in Jan of 2008 we signed up 22 new business owners all of which have increasingly enrolled clients each month. Now I’m not saying there is a 100% success rate but it sure is close. There is too much opportunity out there not to succeed!

How do other companies find clients?

All of our trainees decide which marketing strategy works best for them but we will gladly consult with you about the most successful methods, click on Business Consultation on the home page.

What is the average settlement percentage a client repays?

Debt Zero Processing believes in under promising and over delivering to clients therefore we will always quote an estimated repayment of 50% but on average our clients pay far less.

What type of debts do you settle?

Unsecured debts such as credit cards, personal loans, hospital bills, department store credit cards, old telephone bills, gas cards, and repossessions can all be included.

What is the minimum debt load per client to be enrolled?

$7,500 is the minimum and there is no maximum. We have actually enrolled and settled for clients with debt loads larger then $755,000.

Why don’t clients just file BK instead?

Bankruptcy is a viable option to some but most find the short term negative effects of debt settlement are far less painful than the longer more impactful effects of BK. Also, with new BK laws many Americans are being forced to make repayments on their debts with interest which greatly prolongs the difficult financial position.

Is there an approval process for the clients I try to enroll?

Kind of, anyone who has $7,500 or more in unsecured debt (credit cards, personal loans, etc.), 18 years or older, and currently employed can be enrolled.

Does my client receive harassing collection calls?

Yes they will however it will be our goal through material we provide the creditor and client to help reduce these calls and redirect them to our customer service line.

Is it true the clients credit is destroyed?

No, they will most likely experience a decrease in credit scores over a short term period. However, any short term negative will be offset by the long term positive. Once negotiated and settled , your creditors will report the accounts as “settled” or “balance 0.”

Does my client pay upfront fees?

There are no upfront fees only enrollment fees, and these are paid over a period of time determined reasonable by you, the client, and the software.