Free Credit Counseling

The Credit Score Simulator--Puts Power In The Hands Of The Consumer

This is exciting. I am about to share with you a tool that answers one of the most commonly asked questions in the world of credit counseling. The question is, If I do such and such a program, how will my credit score be effected? Well, it is virtually impossible to answer this question in anything but general terms, by any credit counselor or anyone else. However, now it is with great excitement, that I give you absolutely FREE of charge the Credit Score Simulator. Yes, there is such a tool.

The good people at Creditkarma.com the free site I have been referring people to for free credit scores, now offers a very powerful Credit score simulator tool. So why is this good? Well, now finally if you the consumer wants to know how letting someone pull your credit report, say for a credit card application, will effect your credit score, you can simply follow the instructions in the simulator tool, and get an excellent idea of what your credit will look like after you make the application. This puts great power into your hands. No more guessing or depending on the so called experts to help you make such a decision. You can now make an informed choice on your own, based on facts. Yes, your own personal debt management program.

In the world of credit counseling, this is like the ultimate self empowerment tool, and we are very big on self empowerment, as you know if you are a regular reader of our newsletter.

Suppose, even before using the tool you discover that your credit score is to low for comfort. Not to worry. Now you can have Free Credit Counseling Consultation with a Credit Restoration expert to review actions you can take to remove or correct information on your credit report to raise your credit score. This is all extremely exciting, as in todays economy of tight money far to many people are locked out of the credit markets, when at times the availability of credit is a must, especially in an emergency.

If you know someone who could benefit from this information, please do feel free to pass it on. And, if you are not currently a subscriber to this FREE Credit Counseling Newsletter, please feel free to simply leave your email address and do so. We never share your information.

Written By: Steven Ciantro
Certified Credit Counselor
American Debt Enders
Talkshoe Radio Host
Help@americandebtenders.com
877-766-2465

Debt Consolidation Hardship Program

Many consumers still struggling on the treadmill of to high interest rates are completely unaware that this situation does not have to exist. Paying an interest rate over 15% on a credit card is the equivalent of putting your hard earned money on a table and turning on a fan with a window open. If you do not have an appreciation for the point I just made, than perhaps you need to stop reading now.

In addition to the non-profit debt consolidation programs available, which will greatly lower your interest rates and pretty much keep your credit score in tact, their is also a Hardship Debt Consolidation Program offered by many banks through the non-profit program.

Here is how it works. If you are behind on your payments some banks will offer even lower rates than are available in the standard debt consolidation program and even many times lower payments. Here is just a partial list of the credit card banks that participate: American Eagle, Banana Republic, Chase Bank, Bank of America credit cards, BP Oil Cards, Circuit City and many more. If you are in a hardship situation, which can easily be determined during the Free Credit Counseling session, Chase bank, for example will lower the interest rate to 2%.

It never ceases to amaze me, in all my years of counseling, that so many consumers are resistant to taking advantage of these programs that are so readily available, until a crises strikes.

Might I suggest, that if you have credit card debt, you speak with a credit counselor and get a free quote on just what a debt consolidation program can do for you, as part of an overall personal debt management program and use your hard earned money to a more productive end.

If you have enjoyed this article, please feel free to subscribe to the FREE Credit Counseling Newsletter.

Written By:
Steven Ciantro
Certified Credit Counselor
American Debt Enders
877-766-2465
help@americandebtenders.com

Credit Restoration And The TV Talking Heads

Yesterday as I watched Dave Ramsey answer questions from viewers, something I always find fascinating, I was somewhat taken back but not really surprised by the following question and answer. Particularly because the topic is something I am somewhat of an expert on.

The question was, If my credit score is low, what can be done to raise it, and should I consider using one of those credit restoration companies that I see advertised? Needless to say, I was paying attention to every word. Let me be clear. I am not a basher. But these TV personalities on finance all leave a great deal to be desired.

You have probably already figured out what the answer was. Dave said, definitely not. There are problems with all these companies. The only way to remove or change a credit report is if the entry is wrong. Doing anything else, would be fraud. Well, there is a smidge of truth here, but that's about it.

Here is the real answer. Credit Restoration companies are heavily regulated by the FTC. Does that mean that they are all trustworthy and do a good job. No. No more than regulations insure excellence in any other field. However, he missed a perfect opportunity to really educate viewers on this topic, which is so vital to a consumers well being.

The best credit restoration companies insist that the credit reporting agencies follow the laws on credit reporting. One example would be the "FCRA" which stands for the Fair Credit Reporting Act. This act mandates that all reported entries to a persons credit report have been verified. The reporting entities, that includes the creditor, as well as the credit reporting entity both have the verification on hand. So here is the million dollar question. Do they? No they do not. In a recent newsletter article put out by American Debt Enders, here is the full article: Best Reasons Not To Do Credit Restoration Yourself is explained all about the OSCAR system, no, not the Hollywood Oscars. This system is used by the credit reporting agencies to essentially blow you off, whenever you try to challenge an item on your credit report.

I put forward the following Credit Restoration Free Report for your better education in this area.

If you enjoyed this article please please do subscribe to our FREE Credit Counseling Newsletter by simply leaving your email address.

If you need help with getting out of debt, please feel free to call me directly using the information below. I would be happy to help you.

Written By:
Steven Ciantro
Certified Credit Counselor
American Debt Enders
877-766-2465
help@americandebtenders.com

Best Reasons Not To Do Credit Restoration Yourself

That's right! So right now you think I am just trying to drum up business with some phoney information. You would be wrong. If you have ever tried to get items removed from your credit report, than you already know how terribly frustrating it actually can be. This, even though the FTC, puts out one of their pretty worthless publications titled: Credit Repair, Do It Yourself. Yes, I would like you to read it, just to educate yourself.

Here is the real reason why you should not do it yourself. It is something called "OSCAR" or "OCR" meaning Optical Character Recognition. It is your worst enemy if you are trying to raise your credit score. This technology allows the Credit Bureaus to electronically read over 20,000 dispute letters per hour even if they are handwritten! More importantly, the O.C.R. System can store every letter it scans into a database which contains thousands of already formatted letters which people use when they think they are cleverly disputing negative items. This way the Credit Bureaus can "weed out" any pre-written or template dispute letters used by credit repair companies or copied by you out of Credit Repair Book or Software Program. Because of Oscar the last thing you want to send to a Credit Bureau is a letter that's been mailed to them by thousands of other people before you.

OSCAR will scan your letter in some overseas processing center and send back to you a pre fab letter which may simply say that your item has been verified. Did anyone do any verification? No. Is this illegal? Yes. But, they get away with it. This is a huge business. By the way, the FTC Pamphlet I asked you to read earlier in this article, does not make reference to OSCAR.

In case you were thinking of sending a dispute letter threatening the credit bureau with FTC complaints, and on and on, do not waste your time. OSCAR will simply weed out the letter and ignore the threat.

Are you getting the message. Unless you are disputing one single item, then I strongly advise you to leave credit restoration to the professionals.

After being involved with many credit restoration companies, I can tell you that the best and most reasonable priced is Best Credit Restoration. 99.00 dollars to get you started, and 59.00 dollars per month with no contract. You can also call 888-586-2661 to speak with a credit restoration specialist. It simply works.

If you enjoyed this article, please feel free to subscribe to our Free Credit Counseling Newsletter.

Written By:
Steven Ciantro
American Debt Enders
Certified Credit Counselor
help@americandebtenders.com
877-766-2465

Read Free Credit Restoration Report, Before You Hire A Company

Literally hundreds, if not thousands of credit restoration companies are operating in the United States. Many of them doing a good job of raising credit scores and many of them not. Just as important, many of them grossly over charging for their services.

One of the criteria that should be used when evaluating any company offering credit counseling, should be their willingness to provide educational information at no charge. In other the company needs to be involved in more than sales. Education and credit counseling are at the heart of becoming self empowered to achieve any type of debt help, and have the consumer become self empowered. That includes companies providing credit restoration services.

With this in mind, American Debt Enders has made available at absolutely no charge a credit repair report offering a wealth of valuable information whether you purchase the service or not. We have affiliated with Lexington Law Firm which has provided credit repair services for over 20 years. To get the free report simply visit Credit Restoration Report and click on the banner. You do not have to provide any information whatsoever to get the free report. This report is very extensive and contains thorough information about removal of negative items from credit reports, including removal of public record items such as bankruptcies. Yes, it is possible to have a bankruptcy removed from your credit report. You will read all about it, in the free report.

So, if you have been locked out of the credit markets, due to bad credit because of a past problem, you would be foolish not to at least take advantage of the free report, and at least assess for yourself whether you want to speak with a credit counselor to enter the credit restoration program.

If you would like to subscribe to this newsletter simply click on the FREE Credit Counseling newsletter and leave your email address. The newsletter is free and no one will contact you, and your information is never shared.

Written By:
Steven Ciantro
Certified Credit Counselor
American Debt Enders
877-766-2465
help@americandebtenders.com

American Debt Enders Says New Credit Score To Track You More Closely

In just a few months, your banker will know more about you than your wife! This is not speculation, or wild imaginings, just a simple fact. According to a NY Times article from 12/06/11, entitled, "A Credit Score That Tracks You More Closely", A company called CorLogic has teamed with FICO company, the originators of the FICO credit score now in such wide use to provide much more information on a credit report than is currently available.

What Information? How about things like Payday loans, furniture rental records, utility bill payment history, any and all types of bills that have not been paid in a timely fashion, like a Hotel Bill, etc. CoreLogic has long been in the information business. This is just an expansion of their business, since they are already supplying information on about 100 million consumers. The difference is that this will now be routinely expanded to be a part of your routine credit scoring model, used by all types of lending institutions, not to mention employers.

Fico company is tweaking their proprietary credit scoring formula to accommodate the new data on a routine basis. The present scoring formula will no longer be used.

Should you be concerned? I would say definitely. Are some of these matters really anyone's business? Think about this. It's a cold winter, and ordinarily you pay your utility bill right on time, however, because it has been so cold, this winter you had a few late payments because the price of energy was higher. How is this going to effect your ability to borrow money now? It is going to be one more thing that you have to explain to a lending institution.

Are you seeing what is happening here? Imagine what will be involved in now trying to correct errors on your credit report. This new report will be scouring records of all kinds, to include on your credit report.

I would recommend making sure that your current credit report is free of any errors now, because things are about to get more tightly controlled. That being said, if you have items which need correction, and Credit Restoration, you will want to correct them now.

Click on the previous link or visit our FREE Credit Counseling. and if you enjoyed this article, please feel to subscribe to this FREE newsletter.

Written By
Steven Ciantro
Certified Credit Counselor
American Debt Enders
877-766-2465
Help@americandebtenders.com

Free Credit Counseling-Real Ways To Earn Extra Cash

OK, so it is a bit off topic, but for good reason. Isn't everyone in need of extra cash sources that are not a scam or just absolutely looking to take your money? While doing research for this article, I discovered that people have actually paid down very large debt by using some of these techniques. So, why not you. Consider this my Christmas gift to all of you.

I have found the ultimate, legitimate website for those of you ready to put in just a little time and effort, and start earning extra cash. This site will not make you rich. But, it can definitely make you a few hundred extra dollars per month.

So, rather than overload you with 101 ways to get cash, or Ways to get cash fast, I have found what I believe to be a very focused site, that is easy to use and will definitely help you to make extra cash.

The site is self explanatory, so without further adue, here it is: EARN EXTRA CASH.

If you enjoyed this article and are not currently a subscriber to this FREE CREDIT COUNSELING NEWSLETTER, please click the aforementioned link and simply leave your email address. We never share your information, and it is a free subscription that will help you to become self empowered.

Written By:
Steven Ciantro
Certified Credit Counselor
American Debt Enders
877-766-2465
Help@americandebtenders.com

This Is Guaranteed To Stop Creditor Harassment

With so many consumers falling behind on their unsecured debts, and in many cases completely defaulting. This of course has led to a marked increase in collection activity. All one has to do is look at how many searches are performed daily on "creditor Harassment", and "Exempt Income".

Just think about it. If a collector pulls your credit report and determines that you are not worth suing, then their next only option is to call you on the telephone, and hope to squeeze a payment out of you. Often times violating the Fair Debt Collection Practices Act, also known as the FDCPA.

It is important to note that this act applies to 3rd party debt collectors, and not the original creditor. Although at some point after a default, the original creditor will sell or charge off the debt to a 3rd party debt collector. Usually after 120 to 180 days of non-payment.

Violations of the FDCPA are punishable by fines of up to 1000.00 dollars per occurrence. So, how do I get the money you ask? Well, first you have to have a true provable violation of the act. This is not as difficult as you may think. For example: The law requires that a debt collector disclose the following information in every phone call: 1-The name of their company. 2-The name of the debt collector. (Often Violated) 3-That they are debt collectors. 4-If it is a first communication, they must state that they are debt collectors, and any information obtained will be used for that purpose. (Also often violated).

This is just a tiny sampling of violations. So, how does all this help you? Very simple. Their is a new very specific program called "Collection Protection", which for no money upfront, will enroll you, educate you, and then take your violation cases to court on your behalf, and split the recovery with you! So even if you cannot afford a Debt Consolidation or Debt Settlement Program, you can most definitely afford the FDCPA Violations Program.

If you would like to learn more or would like to enroll, which takes only about 5 minutes on the phone, simply call 877-766-2465, or visit: STOP COLLECTION HARASSMENT.

There you have it. Now you have no excuses not to take control of the situation.

Written By:
Steven Ciantro
Certified Credit Counselor
American Debt Enders
help@americandebtenders.com
877-766-2465

Credit Restoration With This one two Punch

So just how long do you think it takes to raise a credit score? If you listen to all the talking heads, 7 years? or perhaps 10 years? I say How about one year, or less.

Here is how to do a rapid Credit Restoration. First, you need a reputable company, with a heavy track record of having unverified data, including late payments, charge offs, and yes sometimes even bankruptcies removed from your credit report legally. Oh you didn't know that could be done? Well that is due to the fact that you have been listening to the wrong people. I assure you that it can be done. Here is a company that in my opinion is the best in the country at doing it CREDIT RESTORATION WITH LEXINGTON LAW FIRM. For 99.00 dollars down, and 59.00 dollars per month with no contract, you will be well on your way to a higher credit score.

So that was step one, here is step two: There is now an awesome PRE PAID CREDIT CARD from 1st Bank of California, which will report to all 3 credit bureaus, thats, Trans Union, Equifax, and Experian, any recurring bill you pay with it. That includes utility bills, cable bill, cell phones and on and on. This will place a new on time tradeline on your credit report for each bill you pay using it. Awesome. The cost of the card is 29.95 and is directly available at Pre Paid Credit Card

There you have it. The unbeatable, raise your credit score one two punch.

Written By
Steven Ciantro
American Debt Enders
Certified Credit Counselor
help@americandebtenders.com
877-766-2465

American Debt Enders Begins Talkshoe Radio Broadcasts

Hello loyal readers. We would like to announce that we have begun public Talkshoe broadcasts. For those of you not familiar, each episode features one specific topic of Debt Relief in an in depth manner. Each episode will be available for listening at The Debt Freedom Show.

The firt two episodes have already been completed and posted for listening. Some of the broadcasts are and will be posted on the American Debt Enders website on the web page that deals with that broadcasts particular issue. Each of the episodes is hosted by myself, Steven Ciantro. on behalf of American Debt Enders. The first episode covers an introduction to American Debt Enders, who we are, and why we are different. Episode 2, also completed covers everything you need to know about a Personal Debt Management and non-profit credit counseling.

At some point in the near future we will be scheduling shows in advance and sending invitations out, and posting the show calendar on the website so those interested can call in and chat live with me.

You can also subscribe, by visiting Talkshoe and typing in TalkShoe Radio and type in the search bar American Debt Enders.

If you know anyone who might benefit from these broadcasts please feel free to pass this on to them.

Written By:
Steven Ciantro
American Debt Enders
Certified Credit Counselor
877-766-2465
help@americandebtenders.com