credit cards / 10 posts found
Money Management International Debt Management Program Tactics
In this video I discuss the platform Money Management International and provide a little history of its latest acquisition of Clearpoint Credit Counseling. In this video I also discuss some of the tactics used by MMI to get clients and their Debt Management Program. Although a non-profit they do have some strong tactics that individuals should be aware of.
Updates about Credit Karma
In this video gives you 2 updates about Credit Karma Credit Karma now provides the Experian Credit Report. As you may know Experian utilizes the Fico score. However its important to note Credit Karma does not provide your Fico Score even though they provide the Experian and Transunion reports. Secondly you need to be mindful of the dates for Experian and Transunion reports when the alarms go off about a negative action. I have found in a number of occasions as a credit counselor clients who called in about debts seen on Credit Karma that were over 7 years old. In most […]
Why A Debt Settlement Is A Bad Choice
In this video I give you 4 reasons to avoid Debt Settlement and Credit Card Settlement.. #1 A Debt Settlement ruins Your Credit Report # 2 If you settle on debt they will send you a 1099 for the difference. # 3 Credit Runs the world this is a fact. So when obtaining a debt settlement it paints a negative picture in the mind of the creditors you want to do business with. A debt settlement will also definitely hamper your chances for obtaining more credit in the future. #4 The debts you settle on could be sold and then […]
Can Credit Be More Valuable Than Money?
In this video I provide 4 reasons why credit is more valuable than money. #1 You are defined by your credit score not your ability to pay the debt back. As long as you can make the payment they will allow you to have credit. # 2 Cash is used up once you spend it that is all you have. Why credit you can have access to more as long as you are able to maintain a good credit report and consequently a good score. #3 1 Million Dollars put in a bank provides you with ten thousand a year […]
Why Is It Best To Use Annual Credit Report to Obtain Your Credit Report
In this video I go over 4 distinct reasons why you should use annual credit report dot com over Credit Karma #1 The official place to get all 3 of your credit reports. # 2 The official place to get your true credit score. #3 You can dispute any item and all inaccuracies on your credit reports. #4 Government regulated and the official place to obtain all your reports.