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Press ReleasesClearOne Advantage, LLC CEO, Tomas Gordon, is an Ernst & Young Entrepreneur Of The Year® 2012 finalist in Maryland Summary: BALTIMORE, MARYLAND, MAY 7, 2012 – ClearOne Advantage, LLC today announced that its Chief Executive Officer, Tomas Gordon, was named a finalist in the Ernst & Young Entrepreneur Of The Year® 2012 program in Maryland. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Awards will be presented at a special gala on June 28 at the Baltimore Waterfront Marriott. Now in its 26th year, the Entrepreneur Of The Year Program has expanded to recognize business leaders in more than 140 cities in more than 50 countries throughout the world. Regional award winners are eligible for consideration for the Ernst & Young National Entrepreneur Of The Year Program. Award winners in several national categories, as well as the Ernst & Young National Entrepreneur Of The Year Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 17, 2012. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation’s most prestigious gathering of high-growth, market-leading companies. ... Clear Here To Read More ... Tougher Regulation on Credit Card Protection Plans Applauded by ClearOne Advantage Summary: Baltimore, MD - Executives at ClearOne Advantage, a Maryland-based debt resolution company, are encouraged by recent efforts being made by federal regulators in creating stricter guidelines for credit card payment protection plans and urge consumers to make educated decisions before signing up. “These plans are being marketed to credit card customers as a safety net for unforeseen misfortunes, but all may not be what it seems”, says Tomas Gordon, CEO of ClearOne Advantage. Protection plans, offered by credit card issuers such as Discover, Bank of America, Citibank and others as a way to put monthly payments on hold in times of illness or financial distress, have become big business for credit card companies. Credit lenders collected $2.4 billion in fees from the 24 million credit card accounts enrolled in payment protection plans in 2009, according to a report released by the Government Accountability Office on the nine largest credit lenders. From those collected fees, lenders posted $1.3 billion in pretax profits, with an additional quarter of the fees going to marketing costs and administering the plans. Only 21% of fees, roughly $518 million annually, are spent on paying out actual benefits to customers, the report found. ... Clear Here To Read More ... Positive Economic Signs Elicit Caution from ClearOne Advantage Summary: ClearOne Advantage executives caution consumers against falling back into the credit-debt cycle—a potentially tempting option in light of positive economic reports. Baltimore, MD, January 13, 2011- Executives at ClearOne Advantage, a Maryland-based debt resolution company, encourage cautious optimism in response to recently reported positive economic signs. The jobless rate fell to 8.5 percent, the lowest rate in nearly two years (since February 2009) according to the U.S. Department of Labor: “Both the number of unemployed persons (13.1 million) and the unemployment rate (8.5 percent) continued to trend down in December. The unemployment rate has declined by 0.6 percentage point (sic) since August,” according to the most recent report. Furthermore: “The data surpassed economists’ expectations and mark a six-month stretch in which the economy generated 100,000 jobs or more in each month. That hasn't happened since April 2006,” reported MSNCB's Bottomline. ... Clear Here To Read More ... ClearOne Advantage Encourages Shoppers to Use Layaway for Holiday Purchases Summary: Encouraged by a surge in the Consumer Confidence Index, ClearOne Advantage executives are cautiously optimistic for an improved economy in 2012, and are recommending that consumers begin 2012 with a financial budget in order to spend wisely and avoid additional credit card debt in the New Year. Baltimore, MD, December 30, 2011- Executives at ClearOne Advantage, a Maryland-based debt resolution company, encouraged by an increase in the Consumer Confidence Index (CCI), are urging consumers to start the New Year on the right financial foot. “As we head into the New Year, we can already see some encouraging signs,” said ClearOne Advantage Chief Operating Officer John Wrinn referring to the CCI, which rose much more than expected in December. Wrinn and other ClearOne Advantage executives are encouraged by this news, as well as holiday retail reports that indicate better-than-expected sales. The CCI is issued by The Conference Board, an independent economic research organization. Their monthly Consumer Confident Survey is "a monthly report detailing consumer attitudes and buying intentions." Simply put, the more confident consumers feel about the economy, the more likely they are to make purchases. According to an article by CNBC, “the surge builds on another big increase in November, when the index rose almost 15 points from the month before.” ... Clear Here To Read More ... ClearOne Advantage Encourages Shoppers to Use Layaway for Holiday Purchases- Baltimore, MD, December 23, 2011- Executives at ClearOne Advantage, a Maryland-based debt resolution company, are encouraging holiday shoppers to avoid additional credit card debt and instead to use cash or sign up for layaway payment options available at large stores such as Walmart, Kmart, Sears, Best Buy, and other furniture and department stores. While many credit card companies offer incentives for purchases, these offers rarely result in significant savings for consumers. Instead, ClearOne Advantage executives are urging consumers who cannot afford to pay cash for last-minute holiday purchases, to choose layaway over charging purchases to their credit cards. "It's easy to overspend spend on loved ones this time of year, sometimes despite financial realities,” said ClearOne Advantage Executive Vice President John Repetti. He emphasized that paying cash for holiday spending can not only help consumers spend less overall, but will let shoppers start the New Year with less credit card debt. ... Clear Here To Read More ... ClearOne Advantage Is Fully Complying With The New FTC Telemarketing Sales Rule - October 27, 2010 -- ClearOne Advantage, a premier debt settlement company, announced today that it has implemented a new business model that fully complies with the recently enacted Federal Trade Commission (FTC) Telemarketing Sales Rule, 16 CFR Part 310. The FTC Telemarketing Sales rule is designed to improve customer service and consumer protections within the debt settlement industry. ClearOne lauds the FTC for sharing its commitment to ethical business and marketing practices, and is looking forward to the positive industry changes effectuated by these new regulations. ClearOne Advantage has created a business model that not only exceeds the goal of full FTC compliance, but also significantly improves customer service via streamlined payment options and better negotiation processes. Under their new business model, ClearOne will not collect any fees until the client’s debts have been negotiated or settled. “Our company has positively impacted the lives of thousands of individual consumers and businesses across America by delivering consumer debt relief with superior customer service. These regulations are critical, not just for consumers, but for debt settlement companies like ours that have always operated with a strong commitment to transparency and a devoted focus on delivering meaningful results to our clients,” said John Wrinn, President of ClearOne Advantage. ... Clear Here To Read More ... ClearOne Advantage Agrees to Acquire Yellow Brick, LLC - September 24, 2010 -- ClearOne Advantage, a premier debt settlement company, is pleased to announce an acquisition agreement with privately held Yellow Brick, a leader in debt negotiation. This acquisition will enable ClearOne Advantage to provide even better services for its customers, with greater resources and more expansive service options. During its acquisition conversations, the recent FTC ruling (aimed at protecting consumers in credit card debt) was met with great enthusiasm by both ClearOne Advantage and Yellow Brick and seen as a distinct and mutual advantage. While many debt settlement providers are working hard to keep their fees; fighting legislation or looking for loopholes (instead of producing a more consumer-centric services), ClearOne Advantage and Yellow Brick have created a business model that not only bolsters their goal of full compliance, but significantly improves customer service - with streamlined options and better negotiation processes. The acquisition will enable both companies to thrive, while a significant number of illegitimate debt settlement firms are expected to collapse. "With this acquisition, ClearOne is taking another step forward in expanding the scope of its operations. We’re excited to bring Yellow Brick, and potentially additional companies into our conglomerate," said Tomas Gordon, CEO of ClearOne Advantage. "Our ability to innovate and develop solutions for our customers to better their financial standing will continue to accelerate with this and future acquisitions." With ClearOne and Yellow Brick’s record of maintaining the highest customer retention rate in the marketplace, Yellow Brick is an attractive asset with intrinsic growth capabilities. ClearOne will engage Yellow Brick's specialized talent to support its expanding portfolio of clients, particularly in managing strong settlement on legal accounts. Together, ClearOne and Yellow Brick will combine their proficiencies and sales channels to provide customers with customized and affordable debt solutions in full compliance to all FTC regulations. The new ClearOne will operate with an increased business agility that will redefine the debt settlement industry. ... Clear Here To Read More ... ClearOne Advantage Employees receive International Association of Professional Debt Arbitrators (IAPDA) debt specialist certification - March 19, 2009 -- ClearOne Advantage a premier debt settlement company focusing on superior product knowledge and customer service while offering the leading options in debt settlement announces employees recently received IAPDA debt specialist certification. IAPDA Certification includes training that is comprised of content that complies with the accreditation training requirements set out in the draft version of the new Uniform Debt-Management Services Act - the proposed legislation governing the debt settlement Industry in all 50 states. Certified IAPDA individuals represent their client's best interest during sensitive debt negotiations with creditors and collectors. ClearOne Advantage Launches New Sections on its Website to Show Cases of Actual Client Settlements and Testimonials - March 7, 2009 -- ClearOne Advantage a premier debt settlement company focusing on superior product knowledge and customer service while offering the leading options in debt settlement announces that it recently launched new sections on its website to showcase client settlement letters as well as client testimonials. ClearOne Advantage Announces it Has Been Certified as an Accredited Member of TASC - Columbia, MD (PRWEB) March 5, 2009 -- ClearOne Advantage a premier debt settlement company focusing on superior product knowledge and customer service while offering the leading options in debt settlement announces that is has been certified as an accredited member of The Association of Settlement Companies (TASC). The accreditation audit was performed by BSI Management Services, a leading provider of certification and training services management systems. Question and Answer - Columbia, MD (PRWeb) May 30, 2008 -- ClearOne Advantage, a foremost debt settlement company focusing on superior product knowledge and customer service while offering the leading options in debt management, debt settlement, and debt resolution, announces that is has launched a new Question & Answers Knowledge Base section of their website at http://answers.clearoneadvantage.com. TASC - Columbia, MD (PRWeb) May 19, 2008 -- ClearOne Advantage, a premier debt settlement company focusing on superior product knowledge and customer service while offering the leading options in debt management, debt settlement, and debt resolution, announces that is has been approved as a member of The Association of settlement Companies (TASC). USOBA - Columbia, MD (PRWeb) March 13, 2008 -- ClearOne Advantage, a premier debt settlement company focusing on superior product knowledge and customer service while offering the leading options in debt management, recently joined The United States Organizations for Bankruptcy Alternatives (USOBA) www.usoba.org.
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* Disclaimer: ClearOne Advantage, LLC (“COA” ), is a debt settlement company; not a credit repair or consumer credit counseling company. COA doesn't provide investment, tax or legal advice. COA does not provide services or assistance repairing, modifying, improving, or correcting credit entries or credit reporting. COA does not assume or pay any debts, receive, hold or control funds belonging to consumers. COA’s debt settlement program is not available in all states. Individual results vary and are dependent on factors such as successful completion of program, creditor cooperation, and ability to save funds. Read and understand all contract terms and program disclosures before enrolling. Not all clients successfully complete the debt settlement program.
** Disclaimer - We do not charge upfront fees and you do NOT pay our fee until we arrange a settlement, you approve the settlement and at least one payment is made towards the settlement.