Warranty Investigation Bureau Spearheads Auto Warranty Scam Campaign

PRLog (Press Release) - Jul 29, 2009 -
St. Louis MO-Launched just this year, the Warranty Investigation Bureau seeks to bring truth and honor to the industry while exposing their dishonest, destructive tactics.  The company’s website is comprised of accessible, informative content such as important contact links, videos of relevant news coverage, answers to inquiries like “How can I cancel my warranty?” and even a full list of warranty broker’s sales strategies.
Are you tired of receiving calls warning you about the expiration of an auto warranty you’re not even sure you purchased?  Ex-auto warranty sales broker Kyle Ellerbeck, who serves as Chief Communications Officer for the WIB has a clear, first-hand understanding of companies like U.S. Fidelis and National Dealers Warranty (AKA stoprepairbills.com) and how their money-making lies are executed.   “The mail response is 1% on average and that percentage is typically made up of people who are elderly, uneducated, disabled or war veterans.  The average age of people who buy are fifty plus years old, typically those who don’t know how to use a computer to do research or don’t have a computer at all.”
Fair practices and obeying the law isn’t a high priority for companies like these.  The Automotive Warranty and Service Contract Association (AWSCA) say right on their website that they promote “self-regulation as a superior alternative to government imposed requirements.”  The AWSCA is made up of the warranty finance company Mepco, the warranty processing company Forte Data Systems, and warranty administrator Royal Administration.  In essence, these are the people who stand to lose millions of dollars if the industry is properly regulated, giving a significant monetary incentive to their continual involvement in these unjust practices.
Thousands of people are scammed into buying warranties each year, and a good portion of them already have one.  "Four of the five blacklisted companies have an “F” rating with the Better Business Bureau and pull in about a billion dollars in revenue annually, half of which is profit”, says Mr. Ellerbeck who was just appointed in early July.  
The Warranty Investigation Bureau’s website provides free information and services not only for victims of devious auto warranty scams, but also those looking to stay protected and inform others.  Chief Communications Officer Kyle Ellerbeck heads up the majority of the WIB’s operations with the explicit knowledge and experience that can only come from having been a warranty sales insider himself.  Over the years, his intentions have taken on the integrity that he now seeks to cull from these underhanded companies and their employees.  “Public awareness and helping people in all aspects of the warranty is our short term goal, but in the long run what we really want to do is help regulate the industry itself and eliminate all unethical practices.” www.WarrantyBureau.com