PalatnikFactor.com Interviews Nick Passalacqua of PredictiveDollars.com on The Future of Debt Settlement Leads

In the latest interview series of the PalatnikFactor.com, Nick Passalacqua discusses the future of debt settlement leads and where the industry is headed.

Miami, FL (PRWEB) May 7, 2009 -- In the latest interview series of the PalatnikFactor.com, Nick Passalacqua discusses the future of debt settlement leads and where the industry is headed.

Nick Passalacqua of http://www.Predictivedollars.com is a cutting edge entrepreneur with over 8 years of expertise in the lead generation field and plans to expand the growth of the company through its recent purchase of Savebig.com. Savebig.com will be a resource to empower consumers to spend less and save money in order to free up cash for the things they really want out of life. This will allow Predictivedollars.com to enter into multiple financial verticals among other products and help consumers save big on everything across the internet from credit card debt to electronics.

Mr. Passalacqua previously owned another lead generation company which he grew to well over 1000 clients and was later sold to one of his competitors. He was recently quoted, saying "I am excited to be in the lead generation industry where I can excel due to my innovative nature and have mutually benefiting relationships to all parties involved not to mention our ninety percent client retention rate to back it up."

"There is no doubt the debt settlement industry is growing at record paces and there is plenty of opportunities for consumers to potentially alleviate their existing debt and also for debt settlement companies to prosper like never before. The challenge the industry currently faces is as the economies financial distress grows daily it is unfortunate that some families must choose between feeding their families or paying off their debts and the choice is obvious. This creates which is known in the debt settlement industry as fallout ratios and they are at record highs though many DS companies remain cash flow positive."

When asked about the state of the lead industry as seen today, Mr. Passalacqua answered, "When it comes to the lead industry the battle over quantity vs. quality and lead vendor vs. their customers is never ending. April, 2009 statistics show no signs of letting up, especially as dollars remain tighter and sales cycles longer. You know this battle and the side you're on usually boils down to your role on either the marketing or sales team…"

Read the whole interview at the PalatnikFactor.com: http://palatnikfactor.com/2009/04/30/the-future-of-debt-settlement-leads-by-nick-passalacqua/

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