My Credit Repair Video Intro

My Credit Repair University Video Intro

My Credit Repair University - This is a great guide that will bring good results when repairing your credit!

My Credit Repair University

My Credit Repair University is a very recommended product. Click HERE for Discounted Price for My Credit Repair University: If your credit score has been holding you back, you have found the best do it yourself credit repair kit on the market. Save yourself thousands of dollars and the heartache of being turned down.

It is crucial that you make sure that any do it yourself credit repair that you embark upon enhances your credit rating. There are many ways to go about achieving that aim, and I will discuss some of them here. This is a double-edged sword, because it is actually quite easy to go about improving your credit score, but also relatively easy to make it worse! So you do need to be careful. Having a good credit score will ultimately impact on your life in a number of different ways, from the ease with which you will be able to secure a personal loan to buy a car, to the hire-purchase agreement that you sign to get your new dishwasher, and ultimately right up to whether or not you will be able to get a mortgage to buy your own home. So it is fundamental that any do it yourself credit repair that you do is carried out carefully and selectively, and that you use a reputable service (like this one) to get it organized.

Do It Yourself Credit Repair Tips

Unfortunately, one of the ways that people realize that their credit score is not what it might be, and hence could do with some fixing. Is when they try to buy that car, electrical item or house and get refused for credit. Often times people will be quite bemused by this, as they have no idea what the problem is with their credit score, or how exactly they can go about doing a do it yourself credit repair.  The good news is that it is actually a lot easier then you might think to repair your credit, and in fact you can dramatically raise your credit score if you take some calculated steps.

• The first step is not to panic. You can turn this around and get this sorted, but you will have to have your wits about you, and take some action.
• The second step is to become acquainted with the rights that you have as a consumer. You can do this visiting some of the various credit bureaus online and getting a copy of your credit report. There are three major credit bureaus online, Experian, Transunion and Equifax and they can each show you how the scoring system that is used to arrive at your particular credit score is arrived at. 
• The third step is simply to quickly get it sorted out and get you credit score improved (you can do that here)

Final Do It Yourself Credit Repair Thoughts...

If you do decide to go the do it yourself credit repair route then you will have to be prepared to write a number of letters. As you are going to have to contact your debtors and see if you can arrange terms on any outstanding loans that you have. This is all perfectly doable, but it is by its very nature a time consuming business, so you may end up deciding that it is worth using one of the reputable online credit repair agencies to take some of the hassle from the whole process away.

In some ways paying for the help of these agencies is also ironically the best education that you can get in repairing your credit, because these companies have now got the whole process down to a very fine art form when it comes to the steps that you need to take for a do it yourself credit repair (you can read what others made of it here) and so that means that you can get this sorted out more easily then you might imagine.

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My Credit Repair University - This is a great guide that will bring good results when repairing your credit!

Avoiding Identity theft

Useful tips on how to Avoid Identity Theft

 

To reduce or minimize the risk of becoming a victim of identity theft or fraud, there are some basic steps you can take. For starters, just remember the word "SCAM":

S     Be stingy about giving out your personal information to others unless you have a reason to trust them, regardless of where you are:

At Home.

1. Start by adopting a "need to know" approach to your personal data. Your credit card company may need to know your mother's maiden name, so that it can verify your identity when you call to inquire about your account. A person who calls you and says he's from your bank, however, doesn't need to know that information if it's already on file with your bank; the only purpose of such a call is to acquire that information for that person's personal benefit.  Also, the more information that you have printed on your personal bank checks -- such as your Social Security number or home telephone number -- the more personal data you are routinely handing out to people who may not need that information.
2. If someone you don't know calls you on the telephone and offers you the chance to receive a "major" credit card, a prize, or other valuable item, but asks you for personal data -- such as your Social Security number, credit card number or expiration date, or mother's maiden name -- ask them to send you a written application form.
3. If they won't do it, tell them you're not interested and hang up.
4. If they will, review the application carefully when you receive it and make sure it's going to a company or financial institution that's well-known and reputable. The Better Business Bureau can give you information about businesses that have been the subject of complaints.

On Travel.

1. If you're traveling, have your mail held at your local post office, or ask someone you know well and trust ­ another family member, a friend, or a neighbor ­ to collect and hold your mail while you're away.
2. If you have to telephone someone while you're traveling, and need to pass on personal financial information to the person you're calling, don't do it at an open telephone booth where passersby can listen in on what you're saying; use a telephone booth where you can close the door, or wait until you're at a less public location to call.

C    Check your financial information regularly, and look for what should be there and what shouldn't:

What Should Be There?

1. If you have bank or credit card accounts, you should be receiving monthly statements that list transactions for the most recent month or reporting period.
2. If you're not receiving monthly statements for the accounts you know you have, call the financial institution or credit card company immediately and ask about it.
3. If you're told that your statements are being mailed to another address that you haven't authorized, tell the financial institution or credit card representative immediately that you did not authorize the change of address and that someone may be improperly using your accounts. In that situation, you should also ask for copies of all statements and debit or charge transactions that have occurred since the last statement you received. Obtaining those copies will help you to work with the financial institution or credit card company in determining whether some or all of those debit or charge transactions were fraudulent.<

What Shouldn't Be There?

1. If someone has gotten your financial data and made unauthorized debits or charges against your financial accounts, checking your monthly statements carefully may be the quickest way for you to find out. Too many of us give those statements, or the enclosed checks or credit transactions, only a quick glance, and don't review them closely to make sure there are no unauthorized withdrawals or charges.
2. If someone has managed to get access to your mail or other personal data, and opened any credit cards in your name or taken any funds from your bank account, contact your financial institution or credit card company immediately to report those transactions and to request further action. 

A    Ask periodically for a copy of your credit report.

Your credit report should list all bank and financial accounts under your name, and will provide other indications of whether someone has wrongfully opened or used any accounts in your name.

M    Maintain careful records of your banking and financial accounts.

Even though financial institutions are required to maintain copies of your checks, debit transactions, and similar transactions for five years, you should retain your monthly statements and checks for at least one year, if not more. If you need to dispute a particular check or transaction ­ especially if they purport to bear your signatures ­ your original records will be more immediately accessible and useful to the institutions that you have contacted.

Even if you take all of these steps, however, it's still possible that you can become a victim of identity theft. Records containing your personal data -- credit-card receipts or car-rental agreements, for example -- may be found by or shared with someone who decides to use your data for fraudulent purposes.

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My Credit Repair University - This is a great guide that will bring good results when repairing your credit!

Step #1 Identify your Credit Problems

Obtain your Credit Report

You can get a free credit report from a website like freecreditreport.com and others like it. You are entitled to one free credit report a year. Take advantage of this and use this as a starting point to gaining your financial freedom back. Also, contacting the three main reporting agencies can help as well:

• Equifax 
• Trans Union
• Experian

Once you have your credit report and you know who is reporting on it, the next step is pretty easy.

Find and circle the negative statements or problem areas in your credit file. Although the information on these credit reports is generally coded like your bank statement, the Fair Credit Reporting Act (FCRA) requires the credit bureaus to explain everything and anything on the report that you cannot readily understand

Historical Status

This is a record of your monthly payments.  In the ideal credit report, this should be free of “past due” symbols – which may be 30, 60 or 90 day periods.  Approximately 90% of the bad marks could be due to “past due” symbols.  Many of these could be entered accidentally or because the postal service was slow in delivering the mail and your payment was late, or perhaps there were delays in processing your payment.  OF course, you could have actually made late payments.

Remember, you must have your payments credited to your accounts before the due date, not just mailed by that time, if you are to avoid late payment marks.

Comments Section

This section may contain such remarks as “Charged to P & L” (means profit and loss).  When a firm charges an account to profit and loss, it has been charged off as a bad debt loss; it does not expect to be able to collect.  This implies that you are a bad credit risk.

Inquiries

Inquiries made by any banks, stores, or other companies to whom you applied for credit will be listed in the report.  “Too many” of these may be taken by a potential creditor as an indication that you are in dire financial straits and may be seeking credit as a solution to your problems.  Creditors will often refuse to give credit just on the basis of ‘too many inquiries.  How many is “too many”?  This is usually a subjective judgment by the individual creditor.  However, as few as 4 or 5 in six months may be “too many” for some creditors. 

I just provided a short glimpse of some steps and useful tips when identifying your credit problems. Please take a moment and leave feedback on your thoughts and other useful tips others can follow.

My Recommended Link

My Credit Repair University - This is a great guide that will bring good results when repairing your credit!