Credit Repair Miami Fl - Why is it important to fix your credit?

"Credit" today is the single most important factor and the simplest way for a person to save a tremendous amount of money. Most people don't realize that life will just cost you more today if you don't have a great credit score. Many people will lose or miss out on opportunities to make more money whether it's a new job or a promotion at an existing job just because they have less than perfect credit.

 

The amount of savings that a person can experience on things like insurance premiums alone can make a huge difference between being financially successful or not. We have seen that people with bad credit can pay up to 143% more than a person with good credit. On the contrary if you have a perfect credit you are actually given discount up to 31%.

 

Read the MSN article for in depth details on auto insurance. http://editorial.autos.msn.com/article.aspx?cp-documentid=435604

 

When you couple this with the interest rates on home loans and auto loans it really turns into a tremendous amount of potential savings.

 

Read how having a great credit can potentially save you a million dollars. http://badcredittogreatcredit.com/1million.aspx

 

If you were to take the monthly savings from having a great credit score and set up a retirement fund, pay additional money towards current debt, set up a college fund for your children or just simply add additional money to your monthly budget you would be far better off and start to enjoy a more fulfilling life. Having Great credit and managing your finances well can take you to your financial freedom sooner than later or may be never.

 

I hope you found this information helpful.

Credit Repair Miami Fl - What can I do to help with my credit?

You are one of very very few people who even think about taking this initial step to improving their credit. You are actually looking for help to understand how you can improve your credit, you are now in the top 10% of the population. In today's video tip we are going to talk and share the insides of what you can do to improve your credit.

The credit repair process by itself is a great start to reestablishing your credit but by itself is not the complete solution. Credit repair is only one part of the entire process and in order for you to really improve and maintain their credit they need to incorporate other strategies as well.

Credit scores are influenced by 5 general factors, Payment history, Amount of debt owed, length of credit history, Types of credit used, Inquires or new credit.

While information on your credit report is being removed or corrected as a result of being inaccurate keep the following in mind:

    * Keep making payments the payments on of before time as that is the most important factor that is counted towards your score.

    * Make sure you are not applying for new credit and if you have to then limit the number of applications as you know each application is a negative hit towards your credit score.

    * Do not close any established accounts, and

    * Reduce your overall debt load and you know keeping your ratios to less than 30% is the best way to build your credit score.

Following the above plan, your credit scores will feel the positive impact and adjust positivity.

I hope you found this information helpful.

Credit Repair Miami Fl - Will repairing credit help financially?

I am going to answer this question by asking you the question!

 "How do YOU think repairing Your credit will help you?"

 

Your credit score determines what you pay for products and services you use every day. By increasing your credit score you will reduce the cost of these items. The thing to remember is that not only are major purchases affected by your credit score but even the little things that you do and use each and everyday as well as throughout the year.

 

Some of the little things that can add up and can nickel and dime you to being broke each month are credit card interest rates, security deposits required for things like utility services, not being able to rent a car, auto and home owners insurance premiums and missed opportunities not limited to just employment or simple loans need to support potential opportunities.

 

Repairing your credit will put you on the path to financial freedom. A whole new set of opportunities will open for you.

 

I hope you found this information helpful.

Credit Repair Miami Fl - What new opportunities will I have?

I am going to answer this question in two words ENDLESS OPPORTUNITIES!!! You will become UNSTOPPABLE!!!

 

Once you have a 700 or better credit score a whole new world will open up for you. You will have available to you just about every opportunity you can imagine. You will no longer have to pay a premium for everyday services that you already use. You will keep more money in your pocket and household to buy the important things you need as well as have more money for emergencies.

 

Having a great credit score will change your entire outlook on life...you will have a new found confidence that there is nothing you can't do or will be denied because of bad credit...like will be unstoppable!

 

So the question becomes, what do you want to do? Start a new business, set up a retirement fund, start an education fund for your children, travel?? The options are endless and only limited by your thinking.

 

If you are thinking of starting a new business, contact us and we will show how YOU can become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!!

 

I hope you found this information helpful.

Credit Repair Miami Fl - What to do to keep my improved credit?

 

Maintaining your new credit score is one of the key's to long term financial success. There are several things that you can do to maintain your new credit score as well as enhance and most importantly protect your credit.

 

Paying your bills on time is key and the single most important factor (35% of the score) in maintaining a good credit rating. Set your bills up on auto-pay whenever possible to minimize the chance of making a late payment.

 

Minimize your debt to credit limit. Keep your debt to credit limit under 30% at all times.

 

Do not close accounts that you have had open for a long time. Pay them off if you like but do not close them.

 

The bottom line is you must become interested in and involved with all things related to your credit. The more you get involved the more you will learn about credit and begin to understand how the game is played and increase your success for having a life time of good credit.

 

If you are thinking of starting a new business, contact us and we will show how you become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!

I hope you found this information helpful.

 

Credit Repair Miami Fl - How you can enhance your credit?

To continue to enhance your credit score you will need to understand the effects of the things you do that are credit related and how they impact your credit score.

Mixture of credit is a factor that impacts your credit score. Some simple guidelines as an example are, no more then 5 revolving accounts - like credit cards 1 installment loan - like auto loan 1 mortgage - mortgage loan on YOUR house keep your debt to credit limit under 30%, Example: if your credit limit is $40,000.00 (which it should be by now if not talk to us) make sure you use less than $11,000.00 only and try to pay it off every month. This will continue to build good payment history.

Your credit score is like raising a child, the more good stuff you put in it, the better it will turn out. REMEMBER GIGO Garbage In Garbage Out and for our conversation, Good In Good Out Improving your credit also requires some time.

Your credit score will steadily increase over time, in some cases several years, in others several months depending on your current credit profile and how extensive your credit profile is today.

Patience is Virtue.

If you are thinking of becoming Financially Free or thinking of starting a new business, contact us and we will show YOU how YOU can become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!

I hope you found this information helpful.

Credit Repair Miami Fl - Identity Theft Protection

Think about it this way, you worked very very hard to earn your million dollars. Are you going to protect the million dollars or you are going to let someone steal it away from you.

 Did you know that someone's identity is being stolen every 3 seconds?

Prevention is better than Cure, preventing your account from getting stolen.

Did you know that by just having a Great Credit you can save more than a Million Dollars in your life span. Did you know that Banks will give money to people who have great credit than to people who have no credit and less than perfect credit? In fact Banks will give you money when you actually don't need it and how do they know that because you keep your balances less than 30% and make payments on time and manage your money well. They want to give you the money so you can manage the money for them.

With regards to protecting your credit, let’s start with the basics. Now that you have improved your credit the first thing you need to do is protect it. Identity theft is the fastest growing crime in this country and someone's Identity is stolen every 3 seconds.

The amount of damage that can be done in a very short period of time by Identity theft is staggering. Someone could be using your Identity right now opening up new accounts in your name and you would be responsible for it. You will spend an exorbitant amount of time trying to clear up your name as well as your credit report. All the hard work you did to come so far can vanish in split second. So get identity theft protection immediately. 

 Maintaining great credit as you now know is very very important. Protecting it is even more important now days.

I hope you found this information helpful.

Credit Repair Miami Fl - Teach Your Children about Credit

Now that you have learned the importance of having great credit, protecting your credit, would you want to teach the same principles to your children? 

You have seen the difference in life when you have a great credit VS. bad credit. I was at lunch with a very beautiful person. She has children when she was young. Her ex husband who had zero knowledge, understanding and awareness of Credit is living miserably. While her new boyfriend who understands the importance of Credit own not only a number of businesses but is a person with great heart and love and care. 

This is who you become when you start following the principles. Now her boyfriend is teaching the same principles to her boys and they love him as they are enjoying the life style as well. 

I was reading a magazine and in it was comment by Ray Kroc, founder of McDonald's Chain. This is what he said:

"It's a matter of having principles. 

It's easy to have principles when you're 

rich. The important thing is to have 

principles when youre poor." - Ray Kroc 

Having discipline and principles is very important for success from the get go. Now I know you want to share this information with your children I know you are already aware of what you want to do, but here are few of my suggestions. 

There are several ways to teach your children about the importance of good credit. Involve your children in discussions about money and the importance of having good credit. Teach them about saving money, credit cards, paying bills on time, the benefits of having good credit.

Some simple things you can do is set them up a saving account. Create an environment where they earn money for purchases of none necessity items. Teaching a child to save their money to buy things vs. using credit cards can mean the difference between your child being financially successful or ending up in debt upon graduating from college.

There are many books and interactive games that can help you teach Financial Literacy to your children and give them the chance to be successful in life.

I hope you found this information helpful.

Credit Repair Miami Fl - What to do now I have improved my credit score?

NOTHING, ABSOLUTLY NOTHING…
This is what majority of the people end up doing. But YOU are different. You have been relentless and taken all the steps and you are all the way here.

Now is the time to enjoy your life. You want to go and celebrate. I am going to let you explore the opportunities. We have walked this path together for a long time. I am very confident that you now know your potential, your goals, your desires, your dreams are all within your reach.

Once you have secured a good credit score there are things you will want to do to take advantage of your new credit score. After all, the purpose of improving your credit was to improve your life. Take a look at all the things you have financed and see what interest rates you are paying. Can you now reduce your interest rate because you have a better credit score?

In some cases you will be able to save money on the interest you pay. What about insurance
costs can you now reduce your insurance premiums on your car and home owners policies?

Did you know that if you have bad credit you can pay in some cases as much as 3 times the
normal cost for car insurance? Call your insurance agent and have them review your policy based on your new credit rating.

What about your auto loan? Contact your bank or existing lender to see if you can refinance
your loan for a lower interest rate.

Like I said now you are in YOUR PLACE OF POWER. You are standing at the pedestal where you chose your own terms. You chose the life style you want to create for yourself.

Maintaining great credit as you now know is very very important. Protecting it is even more important now days.

If you are thinking of starting a new business, contact us and we will show how you become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!
I hope you found this information helpful.

Credit Repair Miami Fl - Why should you hire a company to fix your credit?

Do You Really Think You Still Need A Credit Repair Company?

The answer really depends upon you and your situation. You really have to evaluate this thoroughly.

Even though you have learned the process and ins and outs of the process, still you may be unsure. May you are not confident. You may be thinking what is I did something wrong, will I be able to go back and correct it or will it even hurt me more. There are so many laws that keep changing and that it becomes very difficult for person not in the same profession to keep up to date.

This is the reason there are professionals in every field as they will help you to understand and work with you. Now I am sure there are both good professional as well not so good professional in every field. One more very important thing to remember that we have seen time and time again is many people start their own credit repair and they do not see any results and then are frustrated even more and come to us to help. It is a time consuming process and involved. It can take time away from your more important things in life.

If you still want to work with a credit repair, I would recommend keeping the following in mind:

-How long has the company been in existence?
-How many states can they do credit repair?

This critical as you know they are working to keep themselves up to date as the laws are very different in different states.

-What kind of rating they have with Better Bureau of Business?
-What kind of Guarantee do they provide?
-Who comes first when they are working with a client, the client or the company?
-Are they willing to negotiate and work with your situation where you feel valued?
-Do they have system where you know exactly what is going on with your file?
-Do they have a way to update you on the progress?
-Can you reach out to them when you have a question?

Bottom line is; do your search thoroughly.

Hope this helps you make the decision on whether you want to do your own credit repair or want to hire someone.

Credit Repair Miami Fl - Can I legally Repair my Credit?

Is Credit Repair Legal?

Absolutely. The Fair Credit Reporting Act allows anyone to dispute inaccurate items on their credit reports. There's nothing we do that you cannot do yourself when it comes to fixing your credit situation. Individuals can restore their credit on their own but this can take time and a lot of knowledge when it comes to the credit laws.

Almost every person even remotely thinking about getting their credit repair today worries about the legality of the process. In today’s video we are going to discuss this very key topic.

Credit repair is legal and the FCRA provides the guidelines that must be followed in order to correct any errors on a consumer’s credit report.

The issue arises when companies make false claims or recommend to clients trying to fix their credit to do things that are not legal and would be otherwise considered fraud by causing the consumer to do a fraudulent act.

You want to make sure when using a credit repair service that you are dealing with a reputable company and the process that they use is legal and follows the FCRA guidelines. If they are not following the FCRA guidelines you are leaving yourself open to be taken advantage of or potentially committing fraud.
 

Don't Let Medical Bills Ruin Your Credit

Medical bills are the leading cause of bankruptcy according to many financial sources. Unfortunately, many people neglect their medical bills without realizing the impact that those unpaid bills could have on their credit score.

How Medical Bills Can Hurt Your Credit

After you receive medical services, your physician or hospital will bill you for any portion that wasn’t covered by insurance. Just like any other bill, medical bills have a due date. If you don’t pay by the due date, your bill becomes past due. Hospitals will only send you so many past due notices before they give your account to a third-party debt collector to resume collection efforts.

When the debt collector receives your medical bill, one of the first things it will do is report the account to one or all of the three major credit bureaus (Equifax, Experian, and TransUnion). The medical collection account is considered a serious delinquency and can remain on your credit report for up to seven years, the maximum amount of time permitted by law.

Your credit score - the number creditors and lenders often use to approve your applications for new loans and credit - is based solely on information that’s in your credit report. Since having a collection account on your credit report indicates you have a seriously delinquency in your credit history, your credit score will drop when a new collection is added to your credit report. The more medical collections accounts you have, the lower your credit score will be.

Protect Your Credit from Medical Bills

One of the easiest ways to keep medical bills from impacting your credit score is to pay your bills when you receive them. If you can’t afford to make payment in full, contact the hospital’s billing department to make payment arrangements.

Even if you have health insurance, don’t assume that your insurance company will always handle bills in a timely manner. If you receive a bill that should have been covered by insurance, contact your insurance company to find out why the bill wasn’t paid. It could have been a simple oversight by hospital billing or the insurance claims department. Insurance companies often cover only a certain percentage of medical bills, so you might be responsible for some portion of medical debt after the insurance company has covered its part.

To find out whether you have unpaid medical bills out there, check your credit report.

To be doubly safe, you might contact the hospital or physician’s billing department to check the status of your account, especially if you’ve received any medical services within the past year. Sometimes, just because the medical bills aren’t on your credit report doesn’t mean they don’t exist. By contacting the medical provider, you’ll know for sure whether you have outstanding medical bills that could end up hurting your credit.

For more information contact Mark Bustamonte at 954-707-2932

or visit

Financial Education Services (FES) and FES Protection Plan

FES Protection Plan

Financial Education Services officially launched the FES Protection Plan on March 20, 2010. The FES Protection Plan is a all encompassing approach to help consumers become educated on Credit, Debt and Personal Protection. Consumers enrolled in the FES Protection Plan will have access to Credit Coaches as well as Financial Coaches that will assist them on anything related to Credit, Debt, Estate Planning and Taxation.

Many consumers today are suffering due to the current economic conditions in this country. Financial Education Services believes that this is in part due to financial illiteracy. The very basic things that support financial success for Americans were not taught in this country to many Americans in our school systems or at home.

To assure the success of the next generation Financial Education Services has launched the YFL (Youth Financial Literacy Foundation/League) designed to help teach youth between the ages of 8 to 18 financial responsibility and discipline, so that they may be successful productive young adults, leading to life of financial literacy and success in later years. Youth that are involved in this program will go through a series on age appropriate training modules and once completed will be eligible for scholarship funding to continue there education in the field of there choice.

Here are the components that make up the FES Protection Plan.

Protect your Credit File with Positive Credit Builder!

Your Credit Score is the most important number in your financial life. Your Positive Credit Builder credit analysis document will provide the necessary tools to understand the credit scoring system and how it impacts your financial health and freedom.

Protect your identity with LifeLock!

As the leader in proactive identity theft protection, LifeLock takes proven steps to help prevent thieves from destroying your credit and good name – even if they get your information.

Protect Your Loved Ones Future with FES Will and Trust Plan!

Planning for life's uncertainties brings you and your family peace of mind. But a will alone is not enough. You also need a living trust, medical power of attorney, and financial power of attorney.

Protect your finances with FES DebtZero!

SAVE THOUSANDS with the most effective, most efficient debt pay off system available. Get out of debt easier than ever with a clear precise plan that is customized for you.

What is FES DebtZero?

FES DebtZero is a web-based debt acceleration program that provides individuals with personalized direction they need to accelerate the pay off time of all their debts and mortgage. FES DebtZero guarantees that if you follow your personalized instructions you will be 100% out of debt and mortgage free in less than half the time it takes the average person, making regular payments, while saving or gaining thousands of dollars in the process.

Can anybody qualify or use FES DebtZero? Is FES DebtZero right for me?

If you have a checking account, make more money than you spend and have debt that you want to pay off quickly then FES DebtZero will work for you.

How Does FES DebtZero Work?

1. Deposit Income

Deposit your income, as you normally would, into your standard checking account. It doesn't matter if you direct deposit or hand it to a teller. FES DebtZero is a web-based program that is used as a management tool like a navigation system for your finances. Provide the secure FES DebtZero system your financial overview and the system will offer step-by-step direction so you can properly apply optimal payments toward your debt. FES DebtZero directs you on the best quickly pay off your debt that is also conducive to wealth accumulation. The less money that you have to pay on interest, the more money you'll have growing in your account.

2. Follow Prompts

The program looks at your deposited funds, expected expenses, dates they are due, and safely reserves funds for any unexpected expenses. FES DebtZero then analyzes this information and generates monthly prompts that will provide precise directions for paying off 100% of your debt, without any alteration to your existing lifestyle. In other words, you will still be able to enjoy yourself while paying down your debt!

3. Pay Expenses

Continue to use your checking account to make payments to your monthly bills, as they become due. If you currently pay your bills using online bill pay you can continue to do so. You will also use your checking account for daily budgeted spending (i.e. gas, groceries, entertainment etc). Any money that you have not spent is left in your account to accumulate and then used to pay off your debts or mortgage.

For more information contact

Mark Bustamonte
Regional Sales Director
Financial Education Services
954-707-2932 Direct

Financial Education Services (FES) and FES Protection Plan

VR Tech Marketing Group is now Financial Education Services

At the first annual National Convention in Atlanta, GA in February 2010, VR Tech Marketing Group announced the name change to Financial Education Services (FES) to better identify the mission of the company and related product line.

Coral Springs, Florida (PRWEB) March 5, 2010 -- VR Tech Marketing Group, in order to better identify it mission, products and services, announced a name change to Financial Education Services (FES).VR Tech Marketing Group, now Financial Education Services (FES) has been in successful operation for over 7 years. FES has worked with consumers since 2003 to help educate consumers about the importance of credit as well as providing resources to help consumers improve and maintain there credit rating.

Financial Education Services over the years has continued to build it's product line by adding products that enhance the credit restoration process. FES recognizes that the key to helping someone that has credit issues requires more then just deleting derogatory items from the credit report.

Some on the enhancements include the VR Tech Prepaid MasterCard as well as the UltraScore program. The prepaid MC offers an unsecured minimum line of credit that is acquired by applying a direct deposit from an employer to the consumers card. This ensures the repayment of the unsecured line as well as building good payment history.

UltraScore provides a comprehensive credit analysis for the consumer as well as an "Action Plan" to help the consumer understand all the components of there credit profile and what they need to do in order to maximize there credit in the most efficient manner.

Another major announcement that was made a the National Convention was the creation of the YFLF (Youth Financial Literacy Foundation) and the YFL (Youth Financial League) designed to help teach youth the importance of being financially literate. This program is geared toward youth ages between 8 to 18. This program will provide interactive web based teaching modules. Youth that complete the financial curriculum will be eligible for educational scholarships.

As well introduced was the launch of the FES Protection Plan. The FES Protection Plan is holistic approach to help consumers protect all areas of their finances and includes: Positive Credit Builder, Identity Theft Protection, Estate Planning, FES Debtzero.

FES Debtzero is a web based application that helps consumers to establish a clear and precise method of eliminating personal debt, secured or unsecured, in the most effective way. This tool will show the consumer how to repay there debt while creating discretionary income for savings.

Financial Education Services (FES) with it's long history of success as a company and very high valued products is positioning it self to be a major player in the revitalization of the economy by address the issue of financial illiteracy in communities all across the country.

About Financial Education Services (FES):

Mark Bustamonte is a Sales Director for Financial Education (FES) services and has been a member since 2003.

Contact:

Mark Bustamonte, Sales Director

Financial Education Services
954-707-2932
Financial Education Services

VR Tech Business Opportunity Part 3

VR Tech Business Opportunity Part 2