Living on a budget does not mean the end of life as we know it! Most people when asked what they fear most about budgets will reply that it will mean they can’t go out to eat or to a movie. This is absolutely incorrect. Maintaining a budget will actually free up money so that the bills get paid and you can have fun without the guilt of it taking away from the necessities of life. Contact us today for more information on how to make budgeting fun!
The three main credit bureaus are Equifax, TransUnion and Experian. Credit bureaus are nothing more than huge data collection centers. They are supposed to investigate the information creditors provide to them however more often than not this is not happening, It has been reported that as high as 79% of all credit reports contain inaccurate, unverifiable, duplicate or obsolete data. This is costing consumers billions of dollars in higher interest and preventing many from achieving their dreams of owning a home, buying a car or even being promoted to a better paying job.
It is imperative that consumers are informed of all their options when it comes to credit and debt. Most companies won’t tell you about all the options available to you under the law. They are more interested in selling you a long term solution that makes them the most profit. We follow all state and federal laws and help you understand the rights provided to you by the Federal Trade Commission. Understanding your rights and options allows you to make an informed decision that is right for you.
The credit bureaus and creditors would like you to think that credit restoration is not legal! They would also like you to think that any company that does credit restoration is not ethical. This is simply not true! Credit restoration businesses are regulated by the Credit Repair Organizations Act governed under the Federal Trade Commission. As with any company you do business with you should make sure they follow all state and federal laws. They should provide you with the consumer’s bill of rights and be transparent with their business dealings with you.
In today’s economy many consumers have found themselves in the position of being over extended with second mortgages from homes foreclosed on, excessive credit card debt, student loans and/or various other loans. Many have sought the refuge of bankruptcy however there is another option. If you don’t qualify for a bankruptcy or don’t want to take that route many creditors are willing to take a fraction of the debt if you know how to negotiate it. Our company can help you negotiate your debt and help you save a considerable amount of money!
With the availability and capability of the internet and computers identify theft has become a booming business. While we personally don’t advocate monthly credit monitoring services, it is imperative for you to check your credit report at least twice a year. You can go to annualcreditreport.com and they will provide you with a free report from each bureau once a year. If you should find yourself a victim of identity theft we can help provide you with the tools and procedures to follow to minimize the affects.