Monday, June 22, 2015

Award Winning Credit Monitoring System

Your credit report is the document used to determine how much interest you will pay for credit cards, home mortgage, or personal loans.  You need to make sure that it is accurate and correct.

Q. What is a credit monitoring service?
A. With the growing concern about identity theft, many companies now offer credit monitoring services for a fee. Some consumers prefer to monitor their credit reports and personal information by themselves for free; others choose to purchase a service to handle some of the tasks.

A credit monitoring service will keep an eye on your credit report, keep track of certain kinds of changes, and send activity reports to you. For example, a service could alert you if someone tried to get credit in your name. Some services also provide you with additional copies of your credit report or help with resolving problems you discover on your report.

When you consider whether a credit monitoring service is right for you, ask:

Does this service track my credit with all three major consumer reporting companies (Equifax, Experian, and TransUnion)? These companies can have different information about you and it is important to look at all three reports.

Will the service notify me immediately about new activity on my credit files? How will I be notified?

Exactly what services will I get for my money? Does the fee cover daily credit monitoring, all three credit reports, credit scores, help with resolving problems, or insurance coverage for expenses related to recovering my identity?

Q. How can I monitor my credit?
A: Check your credit report regularly to catch mistakes or fraud quickly. Watch for any entries that do not belong to you. Your new right to free credit reports can help with this.

Instead of ordering reports from all three CRCs at the same time, you can order one report from a different CRC every four months. That way, you will get three reports in a 12-month period and be better able to check your credit report for changes or problems. You may also choose to buy your credit reports for about $9 each at any time.

Keeping Your Personal Information Safe

Q. What are signs of fraud or identity theft on my credit report?
A. Your credit report may show that someone is using your personal information: your name; Social Security number; credit card number; or other identifying information. Look for these signs:

 - new credit card accounts, loans, or other financial commitments you didn't make;
 - inquiries you didn't make;
 - bad debts on your own accounts, or debts on accounts that you didn't open;
 - legal actions that you don't know about.

Tuesday, July 29, 2014

5 Credit Score Delusions to Overcome

Your credit standing is a fundamental element of your monetary life. It is necessary that you comprehend what it's exactly about. Lenders, landlords, real estate providers, utility companies and in many cases employers examine your credit standing. It is derived from what's is part of your credit scores, and it ranges involving 300 and also 850.

Still, according into a survey that has been recently carried out, nearly half of all Americans do not know how these types of scores usually are derived as well as what factors are widely-used to generate them.

One example is, if your credit standing is 580 that you are probably planning to pay nearly three portion points far more in mortgage loan interest compared to someone that had any score of 720.

Or another strategy for looking at it, should you had any $150, 000 30- season fixed-rate mortgage as well as your credit rating was adequate to qualify for top rate, your monthly payments would possibly be about $890. That is according to Fair Isaac, the organization that made the FICO score and also who the particular rate is known as afte (Fair Isaac COrporation). If the credit is poor, nevertheless, it can be quite likely that you simply must pay over $1, 200 30 days for that same loan.

With a lot depending on the credit rating, it’s vital that you understand exactly what it is focused on and do you know the things that affect it.

Unfortunately, people typically have many misinformation and also misunderstandings concerning their credit standing. Here usually are five of the most extremely common credit standing myths and along with it the actual facts:

DELUSION #1: The bureaus work with different formulation for computing your credit standing.

FACT: The three major credit agencies - Equifax, TransUnion and also Experian -- provide score some other name. Equifax cell phone calls their rating the "Beacon" credit standing, Transunion cell phone calls it "Empirica" and also Experian gives it the particular name "Experian/Fair Isaac Threat Model. " Each will use unique names for that credit rating, but they each use identical formula to generate it.

The explanation that the credit standing you acquire from each bureau is different is as the information as part of your file that they base the particular score on is different. For case, the records that certain bureau is using may turn back a longer period of time period, or any previous lender may have shared the information with only one of many bureaus but not the additional two.

Usually the particular scores usually are not too not even close to each additional. Unless there's a big difference between exactly what each agency says is your credit rating, many lenders will just use the one in the middle when it comes to analyzing you. So, for this reason by yourself it may be beneficial to correct any errors that exist in all the three major credit agencies.

Delusion #2: Paying off your debts is all you must do to instantly repair your credit standing.

FACT: Your credit standing is mostly dependant on your prior performance over your current volume of debt. It certainly will be very helpful in order to your bank cards and negotiate any outstanding loans, but in case yours is usually a history of late or have missed payments, it won’t remove the damage overnight. It takes the perfect time to repair your credit standing.

So definitely pay off your debts. But it really is equally vital that you consistently enter the practice of paying out your bills on time.

Delusions  #3: Closing outdated accounts will boost my credit standing.

FACT: That is a common misconception. It's definitely not closing records that influences your credit standing, it's beginning them. Closing accounts can't help your credit standing, and may actually hurt it. Yes, having lots of open records does hurt your rating. But after the accounts happen to be opened, the damage had been done. Shutting the particular account doesn’t do the repair and perhaps it will actually help make things even worse.

The credit standing is impacted by the difference relating to the credit that can be found and the particular credit that's being used. Shutting lower accounts reduces the amount of total credit score available and in comparison with how very much credit you should utilize your precise credit balances are made to seem much larger. This damages your credit standing.

The credit standing also looks at the length of your credit rating. Shutting more aged accounts takes away old history and will make your credit rating look more youthful than it really is. This could also hurt ones score.

You normally shouldn't in close proximity accounts until a loan company specifically questions you for this as a common condition for them offering you a loan. Instead, the great thing you can do is just pay off your existing unsecured debt. That's something that definitely might improve your credit standing.

Delusion #4: Shopping around for a borrowing arrangement will hurt my credit standing.

FACT: When a lender creates an request about ones credit, your rating could drop up to five details. Some borrowers feel that if they research prices by looking at many different lenders that every time a lender can an inquiry it'll generate another cut in the credit standing. This isn’t true. For credit standing purposes, multiple inquiries to get a loan usually are treated being a single request, as long while they all come within a 45 morning period. So i suggest you do ones rate shopping in such a 45 morning window.

Delusion #5: Companies can fix my credit standing for any fee.

REALITY: If the credit agencies have appropriate information, there’s nothing you can do to swiftly improve ones score if actually you have a history of not handling your debts well. The only approach to have an affect on your credit standing is to exhibit you can manage your debts down the road.

Also, if there are errors as part of your file, you are able to contact the particular bureau oneself. You don’t need to pay another person to practice it. Each on the major credit agencies has an online site which definitely explains be sure that do to correct an problem.

So, the very best ways to improve your credit standing are: pay off the personal debt, pay ones bills on time, correct present errors on your credit studies in all the three credit reporting agencies and apply for credit rarely.

Thursday, October 25, 2012

Wanda Strickfaden's New Book-Credit Repair: Real Answers to Your Credit Problems

About the Author:
WBTV Channel 3 news has called Wanda Strickfaden “The Financial Expert” of credit restoration. For many years, Wanda has anticipated what you need to know and want to know about your credit and money. Her book, radio and television appearances, and newsletters about credit and financial literacy have helped thousands of people like you turn their financial lives around. Wanda is known for her compassion towards others’ financial distress and a great resource of credit education. This book will transform your way of thinking about credit and credit scores.
There has never been a book that explains all the secrets that the bureaus don’t want you to know. This book contains pertinent information that Wanda has had the privilege to study and decode for many years. Good credit is the foundation to renting, lending, employment, and buying. This book will be your resource to all of your credit questions. This book is for all genres, young or old, female or male, with credit or without credit, a financial professional, or an everyday consumer. This book is for all people that want to establish credit, restore credit, and maintain excellent credit. Wanda reveals her life story about the struggles of credit and several case studies that you the reader can relate too. The Credit Repair book contains valuable information, that if applied, will change the course of your credit and credit scores. This will help you also take control of your money instead of your money taking control of you. Wanda gives you the facts and tells you the truth behind the Credit Scoring System that has left many consumers confused and helpless. Whether you are a graduate from college, well in your career, or facing retirement this book will give you the necessary tools to jump start your credit and get you out of debt today. A nationally known speaker, Wanda Strickfaden has lectured in conferences, public and private schools, and university’s while changing the way people view money and credit. Her website features valuable educational material surrounding credit and money including access to her one of a kind newsletters. For help with your credit needs or to book her for speaking engagements, visit her online at, or call 704-877-8739. New Conferences starting in 2015

Tuesday, October 16, 2012

WBTV Credit Help Is here!!!

The Improve Credit & Finance Show Wanda and Jeffrey Strickfaden are dynamic radio hosts that can be heard from 1 pm to 1:30 every Friday on WGIV. They bring life changing information that when applied will bring remarkable results. You will need to have a pen and paper to write down this important news when listening. Wanda and Jeffrey have helped thousands of families with credit and lending education for over 10 years. This knowledge is powerful and ends up saving listeners thousands of dollars in interest payments. They are devoted parents, authors, public speakers and business owners of Improve Credit Consulting Firm. Public speaking engagements include church organizations, mortgage companies, real estate corporations, school districts, and business conferences. Their radio show is highly regarded as the channel for credit education, money, news topics, and the current economy. Valuable guests do come on the show to provide insight and knowledge to help the listeners achieve their goals. For information on becoming a guest or to book us for an engagement call 704-877-8739. Please visit us at We appreciate you tuning into 103.3 FM, or 1370 AM every Friday from 1pm to 1:30 for a life changing experience that is both rewarding and fun

Friday, October 12, 2012

Alicia Verdun "The Improve Credit and Finance Show"

Small Business & Group Benefits Specialist with LegalShield Verdun Consulting Professional Training & Coaching industry February 2009 – Present I am passionate about assisting business owners in making meaningful connections to information, expertise and opportunities that drive my client's business forward. In working in the Small Business sector, there are 2 challenges: (1) many small businesses are now focusing on the core fundamentals of their business and are seeking credible expertise to help drive results and; (2) In addition, dismayed by downsizings and the changing employment landscape, many experienced professionals are starting their own enterprises and are looking for credible resources to help them address key business start up needs or helping them to get to the next level. Being a Burg Consultant, and providing the Endless Referrals system to help business owners develop a consistent stream of prospects is another added resource to assist my clients in moving their business forward. I am looking forward to implementing the systems into businesses that have proven to make others very successful.
Verdun Consulting helps small businesses move forward through services offered directly as well as through a vast network of credible subject matter experts. Currently Verdun Consulting offers two core products -- a suite of Small Business Tools giving business owners access to top business consultants and business tools through In addition, through Verdun Consulting, the founder is able to mobilize a network of resources and experts on behalf of the clients she serves. Mrs. Verdun offers Identity Theft Awareness programs to train employees of companies on protecting their clients identities (private data). Specialties Certified Identity Theft Risk Management Specialist, Business Development Specialist. Proven Data Center Management skills specializing in Data Center efficientcies using TQM and lean processes. Group Benefits Specialist offering, Identity theft and legal services through LegalShield. Small Business Consultant, offering access to business consultants & Legal services through

Thursday, October 4, 2012

Honoring The National Association Of Black Veterans

The NABVETS National Convention will be held in Charlotte, NC, Oct. 3rd thru the 6th, 2012 at the Charlotte Marriott Executive Park Hotel, 5700 Westpark Drive, Charlotte, NC 28217 The toll free number is (800) 359-7961 and the fax is (704) 527-6918. Contact Regional Director Richard Kornegay for more info at (910) 488-1399 Hope to see you there!