Seminario

Restauracion y Educacion De Credito

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Bienvenidos a nuestro

Larry Y Noemi

Diez Grandes Mitos

De Credito

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Mito #1.

Las Agencias de Credito son Autoridad Gubernamental

Las Agencias de Credito no tienen ningun poder legal en absoluto.

Ellas simplemente son Companias privadas independientes que se dedican al negocio de vender informacion de credito

Mito #2.

Las Companias de Credito estan obligadas a mantener el credito reportado por 7 a 10 anos en sus reportes

No hay ninguna ley que diga que su credito tiene que ser reportado.

Por lo Contrario ellas estan obligadas por ley a remover toda derrogatoria automaticamente que este en sus creditos despues de 7 anos y en bancarrotas 10 anos

Mito #3.

Es Imposible remover una Bancarrota. Bancarrotas son removidas al igual que

cualquier otra derrogatoria que este incorrecta reportada, obsoluta, erronea, , incompleta, o que no pueda ser verificada. Recuerden, la naturaleza de articulo no tiene nada que ver con el remover bajo el Fair Credit Reporting Act.

Mito # 4.

La informacion en su reporte de Credito no puede ser cambiada.

Lo Contrario es la verdad bajo el Fair Credit Reporting Act; bajo lo federal y varias leyes estatales REQUIEREN que reportes sean removidos si no pueden ser 100% exacto o no pueden ser verificadas en un corto tiempo establecido

Mito #5.

Es ilegal o inmoral tener la informacion reportada en su informe de credito alterada, cambiada o removida.

No, solo no es ilegal or inmoral, eso es lo que es el Fair Credit Reporting Act. es todo acerca de usted. Fue aprobado por el congreso con el proposito de proteger al consumidor de la infiltracion de las agencias de credito en sus vidas .

Mito #6.

Pagar cuentas viejas automaticamente lo remueve de su reporte de credito.

El hecho de que paques cuentas viejas no cambia ni borra lo que una vez no pagaste a tiempo como acordado. Puede este reporte ser cambiado? Absolutamente si!

Mito #7.

Solicitudes no son derrogatorias y no afectara tu reporte de credito.

Cualquier cosa que tenga que ver su credibilidad financiera es danino a su credibilidad de credito. En el caso de solicitudes una o dos no es tan malo , pero mas de eso comenzara a dar una historia sobre usted. Cualquier prospecto de prestamista mirara a su reporte y decidira que estas desesperado por credito.

Mito #8.

Si consigues borrar una derrogatoria de su credito solo volvera a ser reportada de nuevo.

No si es removida legalmente. Cuando es removida bajo lay ley del Fair Credit reporting Act no puede ser legalmente anadida de nuevo en su reporte de credito . La misma ley que demanda que sea removida dice que no se puede volver a anadir

Mito #9.

El Pasado iguala a su Futuro. Este es el mito mas grande de todos. El concepto de

que una ves hicistes mal o por lo menos en los proximos 7 anos haras mal es totalmente falsa.Cualquiera puede encontrarse con momentos dificiles o una situcion de emergencia de vez en cuando, pero eso no automaticamente quiere decir que son un riesgo de credito por un periodo magico de 7 anos. La simple verdad es ,niguna agencia de credito puede predecir el futuro.

Mito # 10.

Yo no puedo restaurar mi credito yo mismo. Si, Si Puedes! Puedes tratar de hacerlo usted mismo

(al igual que puede tratar de representarse usted mismo como un abogado en una corte de ley).  Pero tambien puede dejar que alquien con experiencia y profecional lo eduque y asista a restaurar su reporte de credito.

Bienvenidos

Quienes somos:

United Credit Education Services es una compania national de restauracion y educacion de credito y una organizacion de servicios de Credit Union (CUSO) basada in Farmington Hills, MI.

Somos miembros orgullosos del Better Business Bureau y hemos estado reportando a ellos en los ultimos 3 anos. Tenemos un record de cero quejas de consumidor en los pasados 3 anos con el BBB.

Tenemos 9 to 5 centros de Soporte al clientes para assistir a nuestros clientes con todas sus necesidades de credito.

Hemos comprovado que nuestro sistema funciona dando el poder y la educacion a nuestros clientes en referente a sus derechos como consumidor basado bajo la ley.

Nuestra mision es revitalizar la economia por medio de la educacion al consumidor acerca de la ridicules de mal credito y altos intereses. Con el poder de la tecnologia y nuestra experiencia como profecionales, ofrecemos el mejor servicio de la industria. Altos intereses pueden privar la habilidad de adquirir compras.

Esto nos limita a comprar casas,carros y otras cosas necesarias y servicios. Nuestra Meta es restablecer el potencial de compra para que puedan cualificar en la compra de sus casas , comenzar una familia, viajar o invertir en un negocio. Nosotros ayudamos a personas mejorar su reporte de credito para que su dinero no se vaya en altos intereses y comiensen a estimular en la economia . Dejenos ayudarlos en tener un mejor credito y hacerle su sueno realidad de ser libre en sus finanzas. Que no solo sea un sueno!

Bienvenidos

The fair Credit Reporting Act: 1971

Congress passed the Fair Credit Reporting Act (FCRA). The FCRA was passed by congress with the intention to regulate credit-reporting agencies. The Act spelled out all the rules and regulations that the credit-reporting agencies had to follow before they put anything on someone’s credit report. For the past three decades, those agencies have ignored most of the law. Information about “you” has to be accurate and verified before it is entered on your credit reports. If “reasonable procedures” have not been correctly followed, then any verified inaccuracies must be removed from your credit reports as defined in the FCRA. The three credit reporting agencies (CRA) ARE Experian (formerly TRW), Equifax and Transunion. There are various agencies that purchase information from these three major agencies, but they get their information from the “Big-3”, so if you can repair your credit with the Big-3, you basically repair it with everyone.

How Credit Affects You

The interest rate you pay on credit cards and loans.

Your ability to get a checking account.

Rates on your auto insurance.

Employment.

Who are the Credit Reporting Agencies and how do they work?

The Credit Reporting Agencies (CRA’s) collect and maintain information about consumer’s credit history. This information is obtained from banks, credit card companies and various financial institutions. They sell this information to lenders and other creditors.

The Three Major Credit Reporting Agencies

There are three major credit reporting agencies.

Experian

Equifax

Transunion

What are Credit Scores?

Credit scoring is a method that uses statistical models to evaluate your credit worthinessCreditors use these scores, known as FICO scores in deciding whether or not to offer credit to consumers.FICO scores range from 375 to 900 points.

Other Names for Credit Scores

BEACON—Equifax

Fair Isaac—Experian

Empirica—TransUnion

Are Credit Reports Accurate?

Accuracy problems affect many consumer credit scores.

Studies have revealed that millions of Americans have significant errors in their credit profiles.

These errors affected credit scores by 50 points or more.

How Does the Credit Restoration Process Work?

Our process combines the latest technology with personalized attention that gets results.

More FactsMore Facts

What is the definition of “inaccurate, erroneous, or obsolete?”

•Inaccurate informationInaccurate information is any information that cannot be verified by the CRA and/or the creditor grantor.

•Erroneous informationErroneous information is any information that has been entered onto a consumer’s credit report due to human error (data entry error), Social Security Number mismatch error, mixed file error, similar name error. “reasonable procedures” were not followed when the information was entered on the credit report, or any such related error. This happens more often than you think!

•Obsolete informationObsolete information is any information that is beyond the industry standard of seven years; or ten years for bankruptcy.

What is FICO?What is FICO?

Types of credit

New Credit

Length ofCredit History

Amounts Owed

PaymentHistory

35%

30%

15%

10%

10%

Example 1Example 1

35%

30%

15%

10%

Buying a House…Buying a House…

$150,000 Base Price

Low Score 500-559Low Score 500-559$1238.00 Payment360 month @9.29%

High Score 720-850High Score 720-850$873.00 Payment360 month @5.73%

SAVE $365.00 per month!SAVE $365.00 per month!SAVE $4,380.00 per year!SAVE $4,380.00 per year!SAVE $131,400 over 30 years!!!SAVE $131,400 over 30 years!!!

Example 2Example 2

35%

30%

15%

10%

Buying a Car…Buying a Car…

$25,000 Base Price

Low Score 500-559Low Score 500-559$2,500.00 Down$825.00 Payment60 month loan

High Score 720-850High Score 720-850$0.00 Down$0.00 Down$416.16 Payment60 month loan

SAVE $400.00 per month!SAVE $400.00 per month!Plus car of choice for higher score

Step by step process

1. The customer signs the contract and attaches a copy of verification for their current address and social security number.

2. The enrollment process begins once the customer contract and address/SSN verification is received by the Processing Center.

3. The customer will receive a welcome call within 10 days to assure that they received their initial dispute package and to explain the dispute cycle process. Every 45 days thereafter the customer will be contacted and reminded to forward all documents received from the credit agencies to the processing center for inclusion in future updates.

Step by step continued

4. Within 7-10 business days the customer will receive their first dispute packet, which includes: • Welcome Letter   • Complete Explanation of Dispute Process   • A Dispute Document to be reviewed, signed and

forwarded to each Credit Reporting Agencies 5. If the dispute letters require any changes the

customer is encouraged to make them on the initial dispute document and forward them back to the processing center. In turn, the processing center will make the changes and forward new dispute letter to the customer for final review.

6. Once the customer is satisfied with their dispute letters, they will sign and mail them to the three credit reporting agencies as outlined in the customer welcome letter.

Credit repair progress report

Unbelievable Price

All For The Low Price of

$499.00www.vrtmg.com/Lcunningham2

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