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Why over 143 Million People Now Hate One Company…

The Equifax data breach and what you need to know.

Have you ever heard of Equifax? If you haven’t let me tell you a little more. Equifax is the largest of the three main credit bureaus in the US. It started in 1898 and as a credit bureau, their business is you. More specifically your data.

Now credit bureaus do serve a specific purpose in our credit system today. That is to provide creditors or lenders with data on you. This normally takes the form of a credit report. This goes hand in hand with a credit score. Both FICO and Vantage scores take information found on your credit report in order to tell lenders how “risky” of a borrower you are.

Ok, so we got that out of the way. Back to Equifax. Equifax (and the other two main bureaus) gather as much private data as they can and store it in databases. This information includes social security numbers, driver’s licenses numbers, all current and previous addresses, full names, phone numbers, and credit card numbers. It’s basically an ID Thief’s paradise.

So What happened with Equifax and this “data breach?” Well, we have all heard over the years of big box store credit card information breaches. Target had one back in 2013 that affected an estimated 40 million consumers. They ended up paying back tens of millions to banks in class action lawsuits.

Data breaches aren’t new. What makes this one different?

Let’s start with the number of consumers that have been affected. Over 143 million consumers have been compromised. As of 2016, the population of the United States was 323 million people. That is around 44% of the U.S. Population.

So what information was taken?

According to the FTC “The hackers accessed people’s names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. They also stole credit card numbers for about 209,000 people and dispute documents with personal identifying information for about 182,000 people. And they grabbed personal information of people in the UK and Canada too.”

If you’re lucky all they got was your name, social security number, birth date, and addresses. In a moment we will go over how to find out if you were affected and what steps to take to make sure you protect yourself.

You might be thinking that since we trust Equifax (or at least let them) to harvest this much data on us that when an attack like this happens they would tell the public. The answer is no they wouldn’t. Equifax stated that the breach lasted from mid-May through July when it was finally discovered on July 29 2017.  The public was notified in the first week of September of 2017.

To make matters even worse three top level executives were found to have sold millions of dollars in stock before making a public statement about the breach. These stock sales were not disclosed in the regular trading plan for Equifax. NPR reported that “Regulatory filings show the three Equifax executives — Chief Financial Officer John Gamble, U.S. Information Solutions President Joseph Loughran and Workforce Solutions President Rodolfo Ploder — completed stock sales on Aug. 1 and 2.”

How Do I Know If I Have Been Compromised?

Equifax has created a website specifically for this situation. If you go to www.equifaxsecurity2017.com you will be asked for your last name and the last 6 digits of your social security number. If you don’t feel comfortable with giving an organization that doesn’t effectively protect your information in the first place I certainly don’t blame you. It is safe to assume that you HAVE been affected and that you should take precautionary measures.

What Steps Should I Take?

Step 1:

The first thing you should do is place a fraud alert on your credit. You can do this by contacting one of the credit bureaus and simply requesting one. I would suggest going with Transunion or Experian because Equifax’s website and call centers are bogged down with this situation.

You can initiate one with Experian from their website https://www.experian.com/fraud/center.html or by sending a letter requesting one. They are free and last for 90 days. While you only need to request it from one bureau because they send it to the others automatically it doesn’t hurt to confirm with the others.

A Fraud Alert prevents a creditor or lender from extending credit in your name without first contacting you directly.

You can also place a security freeze which prevents creditors from pulling your credit reports unless you unfreeze your reports. This is also done with each of the credit bureaus. If you are looking to get credit in the near future this might causes issues.

Step 2:

Pull your credit reports. You can pull all three credit reports for free from www.annualcreditreport.com. It is important to review the information on the reports to ensure that you recognize all the accounts and information. (We will do another post on what to do if you don’t recognize something). If you are a member you can access the members only forum and ask questions for our credit experts to answer!

Step 3:

Monitor your credit and identity. Equifax is offering 1 year free of Trusted ID Monitoring. This is their service and after 1 year you would be paying $20/month. In addition, Equifax has an Arbitration Clause in the terms of use that would prevent you from being involved in any future class action lawsuit. However, if that sounds ok to you and you want to trust the company that couldn’t detect a data breach then you can sign up for free. I suggest using myfico.com. The 3B Ultimate membership gives you all of your credit scores and a 3 bureau report. It also gives you identity monitoring showing you where your information was accessed and if your information has been for sale. You can access that at http://www.myfico.com/products/ultimate-three-bureau-credit-report/

There is another company called Identity IQ (https://www.identityiq.com/). Both services are around $29/month.

We will be discussing this more in the free FB Group https://www.facebook.com/groups/crcreditbuilders/ Request to join today!

Want access to The Members Only Forum and our credit experts? Claim you membership here: http://membership.creditrepairpublishing.com/

Your credit is one of the most important financial aspects of your life. In fact, most of our financial system is built on credit. Make sure you are treating it right and protecting it so that you can provide for yourself and your family.

We love to hear how our family is doing! Please go to https://www.facebook.com/groups/crcreditbuilders/ and share how good credit has changed your life or ask questions about how to build good credit for your future!

Gain Your Independence From Debt

debt freeHow are your kids going to feel when YOUR debt controls your life.

Debt is not always your fault… But letting it take control of your life is.

That is why we want to help you get your independence from debt this summer! It is often it is hard to pinpoint one area of debt or credit repair to start. That is why when the Credit Repair Intelligence System was created it covered multiple topics. Its just the nature of the beast. Similarly, to building or repairing credit you can’t do just one thing. You often have to try multiple strategies at the same time.

The same goes for fixing debt! There is not one strategy that will fix everything. And experts would probably agree that you often have to use several and combine some strategies to be most effective.

That is why The Debt Free Bible combines 19 different strategies and secrets that are ready for you to discover right now. The Debt Free Bible is over 280 pages of knowledge that is ready to be absorbed.

But be aware…

This is not some fly by the night system. It actually took a little over 2 years and over $25,000 to create it. Our friends at Zodiac Publishing really created something special for the country here.

Just some of the methods can start helping immediately:

• Use the ”Method Matrix” to compare 19 get out of debt methods and pick the best one (page 222)
• Discover how to get one bank pay off another bank with the ”IR Method” (page 163)
• How to use the ”Overflow Method” pay off any debt faster (page 159)
• How to pay off your bills FASTER with no extra money using the ”RR Strategy” (page 167)
• Why the ”LBF Technique” gives you a psychological advantage to become debt free (page 169)
• Why the ”HIF Method” should be used FIRST on debts over 24% interest (page 171)
• How the ”Division Method” and a calculator can get you debt free 8 YEARS SOONER (page 173)
• Pay off your mortgage in only 6 YEARS with the ”AP Strategy”

But using just The Debt Free Bible or The Credit Repair Intelligence System is sometimes not enough. Luckily we are able to provide both for the ultimate debt fighting and credit building system.

Not only that but we are there every step of the way! Our Members-Only Forum, staffed by our Credit Expert Dan Sater (Check Out his Bio), is there for you to access and ask him questions! Having some guidance through the credit building or repair process is what separates us from the other guys. And now with The Debt Free Bible you can build the debt free life that you want and deserve for you and your family.

We are offering total independence from bad credit and debt at deeply discounted prices. Our flagship Credit Repair Intelligence System and Debt Free Bibles are available for you RIGHT NOW! Check Them Out Here! Remember Everything Comes With A 30-Day 100% Money Back Guarantee!

Can you change your due dates?

The short answer is yes. In fact, it can be a great way to avoid late penalties and taking a hit on your credit score while you are on vacation or traveling to an area that you wont have the ability to pay your credit card bills. Many companies and lenders, including Discover and Barclays will allow you to switch your due date as long as it is within that billing cycle.

How is this useful though? In the past if you were traveling you either had to have access to the internet to pay online or pre-pay your statements to avoid any late fees or score penalties. This might still be a great option though because pre-paying statements and getting those balances paid down can free up more spending power without having to worry about going over that magic 30% number we have talked about so many times.

But If you are unable to pre-pay or you know that your budget depends on a check coming in you are able to move that due date and still make on-time or early payments before, during, or after your vacation.

It is important though to stick to your budget each month and especially for your vacation. Be sure to check out 3.5 Tips To Keeping Your Wallet & Credit Safe This Summer before you plan your next summer trip.

Be sure to also grab your copy of our free e-book on 28 credit secrets that banks and credit companies don’t want you to know!

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Protect Yourself and Your Credit: More Credit Myths You Need To Know

The internet, traditional media, TV media, news magazines, and papers are full of useful and accurate information. But, they are also littered with inaccurate and dangerous falsehoods and myths. It’s hard to know what to trust and to believe. And when it comes to credit and credit repair or building credit, much of the information is outright false or inaccurate. For example, have you ever heard or believed either of these two common credit myths?

Credit Myth No. 1: “The credit bureaus are government agencies.”

Completely false. Credit bureaus are for profit companies.

They collect data to sell to lenders and other credit providers, landlords, insurance companies and more. They are not affiliated with the government but are governed under the Federal Trade Commission.

Credit Myth No. 2: “Credit Repair is against the law.”

Again, totally false. Infant, federal and some state laws specifically protect your right to repair and enhance your credit score.

The Federal Credit Reporting Act and Credit Repair Organizations Act both specifically state that it’s legal for you both to repair your own credit, or hire someone to do it on your behalf.

It’s not always easy to repair your own credit. Many people don’t even know where to start. But, if you are a person who can and does do it yourself there are some great resources that will walk you through the issues and the specific steps that you can take.

Click here to get more information on repairing your own credit, a starter’s guide or the full Credit Repair Intelligence Guide.


Click here to join our list and get more information on credit repair and creating a debt free life.

Credit Building, Credit Repair, Credit Counseling and Debt Reduction/Negotiation – What’s The Difference? And What Do YOU Need to Know?

Build Great Credit TodayWhen you realize that you have problems with your credit – whether it’s from late payments, bad student loans, or a lost job, you start noticing that everyone has an opinion and a solution.

In most instances, rebuilding your credit, paying down your debt and regaining your financial freedom starts with “credit repair.”

Credit Repair should not, however, be confused with other credit services such as debt consolidation, credit counseling, or debt negotiation.

Credit repair is a process that you can do on your own, or, with the help of experts. If you don’t know where to start in the DIY world of understanding and building or rebuilding credit then visit creditrepairpublishing.com for effective tools and access to a community.

But, there are also companies that specialize in helping consumers dispute and delete inaccurate, unverifiable, and untimely items on their credit report that are being illegally reported. These companies very widely in quality. But if you need this type of help, you can call us for an appropriate referral.

You should also know, that at CR Publishing we believe that Credit Repair is also about helping you to understand your credit and showing you how to build positive credit so that you can have the positive credit profile and score you deserve.

And a better credit profile (FICO Score) means better pricing on everything from credit cards and credit lines to insurance and mortgages.

But what about these other things?

Debt consolidation is the process of combining all outstanding debts in one loan account. The purpose of debt consolidation is usually to lower monthly repayments or lower interest rates on a loan. It can be beneficial but be careful!

Debt reduction is, on the other hand, a process of carefully understanding debt and creating the best system to reduce your debt and then to build better credit and wealth. It is the foundation of being debit free. At CR Publishing we now all have a powerful resource The Debt Free Bible for those who are looking to reduce Debt and to become Debt FREE. Click here for access to this resource.

Credit Counseling is advice given by counselors to people about how to use credit responsibly and how to get out of serious debt. When a person participates in credit counseling their creditors may note it in their credit reports.

The fact that they have resorted to a credit counseling program is a huge red flag for prospective credit grantors. Remember, paying off debts is a step in the right direction, but it does not necessarily restore or build your credit. credit.

Debt negotiation is when a 3rd party negotiates with creditors and establishes a payment plan on behalf of the debtor. Before starting debt or credit counseling, or debt negotiation consider the Credit Repair Intelligence System, The Debt Free Bible, or our amazing offer when you get both.

Want more information? REGISTER HERE to get our updates and resources.

Can You Ever Quickly Boost Your Credit Score?

Yes….and in some cases as much as 50 Points And Almost Instantly…But You Might Need To Do A Few Things First

There are many real and mythical credit score “boosting techniques” that are taught and/or tatted. But, according to Rob Ellerman, President of Dispute Suite, Inc. this is the only one verified to work–Raising the credit limit.

Why and how does raising your credit card credit limit work and what are the pros and cons, the benefits and the dangers?

It works because the utilization ratio (the amount of credit you have versus how much you use) accounts for 30% of the overall credit score.

And, if you even moderately bad credit raising your credit limit is often quite easy.

In fact, most people don’t realize that they can get their credit limit increased just by asking their credit card companies. Just call up the 800 number on the back of one your credit cards (be sure to compare the features to determine which card is best for this purpose).

Once connected just tell them that you are “considering transferring their balance from this credit card to another card with a higher limit, unless they were able to raise the credit limit.”

This works quite often if you, as the consumer, have an established relationship with the credit card company. It’s often even more successful if the “utilization of the current card” is low, because the existing credit card company will view the client as a lower risk.

This tactic has consistently proven to raise credit scores almost instantaneously by lowering the utilization ratios.

So the up side is a better credit rating quickly. The downside? Well, you must not start to use the newer limit. If you do, then obviously, your payments will go up, but unless the card is paid in full each month or you keep that new credit amount open your could actually reduce your score and the cost of your credit can go up.

Discipline is key here.

Want to know more about our starters guide?

Want to know more about building and keeping good credit? Reducing debt?

REGISTER HERE FOR MORE GREAT IDEAS AND INFORMATION

Click here for the debt free bible.

Holiday Credit Balance Got You and Your FICO Score Down?

Your Best Strategies for Balance Transfers, Debt Reduction and Credit Card Issues After The Holidays
Now that they’re over (the holidays) and the fun and merriment of both giving and receiving
gifts has become a thing of the past has your holiday cheer started to turn to anxiety and
worry over racking up a larger credit card balance?

Worried about your credit score?

How to pay the cards off?

Unsure about whether to apply for more credit or to transfer a balance to another card?

You’re not alone. And, it’s not your fault.

Well….maybe you did go a bit overboard, but there are literally billions of dollars spent
every year trying to convince you to overspend.

The social pressure is killer.

And, you’re a good person, you want to be kind, and many people are nice to you and deserve a gift in return.

So what now?
Well… take a deep breath.

Relax (you’ll feel better) and let’s look at the options and what really works …or doesn’t.

Let’s look at the traps, pitfalls, and the best way outta this little mess.

First, you should know that there are a lot of balance transfer credit cards out there, designed specifically for anyone who is carrying a balance on their credit card and paying high-interest fees each month. In fact, there are so many it can be challenging to determine how one is better or worse than the others. We took an in-depth look at some of the card offers out there to answer the question “is it good to transfer a balance from a high-interest credit card?”

The short answer is that it can be a great choice to transfer a balance and it can save you hundreds or thousands of dollars if you’re currently paying interest on another credit card.

But, and this is a big one….you have to understand how your credit score works and some fundamentals about getting rid of debt (click here for the debt free Bible Holiday Discount Offer) (to learn more about FICO click here).

And the bottom line is that if you apply and qualify for a new card then it might help your credit rating . However, you cannot add more to the balance. You will have to use the low or zero interest rate period to methodically payoff that credit balance before the introductory period runs out. Add to the balance will probably hurt your credit and get you deeper into debt.

So if you’re going to do a balance transfer, look for a card with the combination of a lengthy 0% intro APR and no balance transfer fee. The in-depth answer, as well as the card’s pros and cons, is explained below.

A strong solution, would be a card offering a 15-month 0% intro APR on both balance transfers and purchases. A shorter into is fine but remember, you have to get that balance paid off during the introductory period.

Many cards offer a 0% intro APR, but you’re looking for a card where you won’t pay any balance transfer fees to move your balance(s) onto the new card.
That’s a huge win, since these fees are typically 3% of the balance you’re transferring, which can add up to big money. For example, if you’re transferring $10,000 you’d probably pay $300 in fees with many cards – and that just adds to your woes.

In review, ideally, you should try to find a card where you pay absolutely nothing to transfer your money, and where you have 12-15 interest-free months to make payments against the balance.

For example, if you were making $700 monthly payments on that $10,000 balance and had a 20% interest rate, it would take you 17 months to pay it off and you’d pay over $1,500 in interest. If you transferred that balance to a new card with the features we’re reviewing, you’d pay it off in 15 months with no interest, saving $1,500 and paying absolutely no fees. Also, make sure you transfer your balance in the first 60 days (or the permitted time) to take advantage of the as after that time there will frequently be a fee.

In addition to the 0% intro APR on balance transfers, you’ll also want a card with no or low interest on purchases and if possible, a lower permanent APR or interest fee. This is a great way to make any big (or small) purchases you need and save money on interest fees for over a year. If you’ve been known to make a late payment or two you’ll appreciate a card that has a no penalty APR.

This means your interest rate won’t increase if your payment is delayed. We don’t recommend ever, or worse yet, habitually, paying your bill late, but it’s nice to know if it does happens you won’t be penalized for it in the interest rate.

NOTE HOWEVER, that late payments will affect your credit score and this may drive other costs such as loan interest rates, car leases and other costs including insurance higher. Pay on time and reap the advantages of a better FICO score.

Other Things To Consider

So to get a handle on what’s out there and if things like foreign travel fees and travel or other rewards are important to you then check NEXT’s Balance Transfer Calculator to see which card is the best choice for your particular situation. We have no relationship with that site but it does offer a good side by side review of a number of different.

Whatever choice you make, consider our Debt Free Bible to help you to reduce or eliminate debt and those burdens from your life and/or Our Credit Repair Intelligence System to make sure you clean up and understand your personal credit.

Want the best deal?

Get a discount and a jump on a better 2016 and beyond when you order both…just click here for our new year 2016 discount offer and make 2016 the year when you get things under control.

P.S. Not ready to tackle your debt or credit? But want to know more? Click here so we can keep you up to date. And get a complimentary e-book”

What’s Fraud Costing You?

Credit Card Fraud is one of the most common forms of ID theft out there. It can also severely damage your credit score and ruin your credit reports.

What can you do to protect yourself?

Well you could always sign up for one of those ID Protection Services.

But those are expensive and you can spend hundreds of dollars on a service that doesn’t really do too much in terms of protecting your credit or your ID.

There are ways that you can actually protect yourself for free.

How?

Well a good place to start is to get a copy of your credit reports. Just go to the only federally sponsored website that allows you to request your three major credit reports for free every 12 months. This allows you to see for yourself what’s on your credit profiles.
www.annualcreditreport.com

Once youve done that let us show you how to protect your ID for free with the Credit Repair Intelligence System.
Check it out here: CR Publishing Blog

Working on Better Credit? What You Need To Know About Dispute Letters

Here at CR Publishing we are dedicated to helping you to build great credit.

But what if you’ve already had a problem and you’re trying to repair or improve a less than stellar FICO or credit score?

Well, some people prefer to learn about the system and to gradually and effectively improve their own credit. Our Credit Repair Intelligence Guide helps you with that. And, it can be ordered right here.

But other people make the decision to use a credit repair company to help them. And one of the things that credit repair companies help you to do are dispute letters that can clarify errors on your report and get them corrected OR removed. NOTE: The Credit Repair Intelligence System also has a tool to help DIYers to do dispute letters.

Either way, here are a few things you want to ensure are included in every dispute letter you or your credit repair company send.

1) Make sure every dispute letter contains the accurate spelling of your first and last name. You should also include your social security number and current home address to avoid confusion.

The credit bureaus won’t resolve a dispute unless they can verify the consumer who the dispute is related to.

This means you or the credit repair company must clearly identify yourself in the letter.

2) The credit bureaus may also require you or the credit repair company to supply supporting documentation verifying identity. They may, for example, want to see your Driver’s License and/or Social Security Card.

NOTE: If you don’t have a driver’s license, you can include another legal form of ID. Other acceptable forms of ID include a passport or state ID.
In many cases your clients can use a pay-stub or W2 form which have both their name and social security number on them.

3) You (or the company) should also include the account name and account number on the dispute letter.

Sometimes creditors report separate account numbers to each bureau. Look at each account number for each credit bureau you are disputing. Make sure you have that creditor’s specific account number correct on your dispute letter.

In conclusion, whether you’re preparing the letter, or the credit repair company is doing it, be sure to include these items with your dispute to have the best results.

And remember, it’s the REASON for the dispute that the bureaus and their computers will mainly look at to process your disputes, so insure you are clear about your reason for the dispute.

Don’t want to create dispute letters on your own? Keep in mind, Credit Repair Intelligence Guide also gives you access to a dispute letter generator. Need more help? Email me at support@creditrepairpublishing.com and we can refer you to a reputable third party credit repair company that has an outstanding processing department that can create, print and mail the letters for you.

CLICK HERE: to learn more about CR Publishing’s products related to building better credit.

Click here to buy the CREDIT REPAIR INTELLIGENCE System and to get access to the dispute generator.

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What is The Members-Only Forum

What are you doing right now? Maybe you are sitting enjoying your morning beverage and thinking about the day ahead; maybe you are reading this looking for ways to get that house, apartment, or car that you need and want. And maybe you are just looking for a great way to build credit. We can’t begin to stress and talk about how important building credit is these days. And because you are here reading this you are in the right place.

What most people don’t fully understand is how important an excellent credit score is. There are many people with high levels of income and terrible credit! Its very reasonable that even those that we think are doing well are actually falling behind. After all the credit system can be extremely complicated and hard to understand. You might have a question that you need help with but there are so many forums and google searches out there for credit and credit repair and building credit it is often extremely hard to find a good starting place.

We want to help you out! If you are going to do everything yourself it is very important that you not only find a good up-to-date information but also have a great support system. There are so many different books, guides, and classes out there that can give you credit information but there is almost nothing out there in the world of the internet that gives you access to real humans to answer you exact questions. That’s where the Credit Repair Intelligence System Members-Only Forum comes in. Before I go on go ahead and learn a little bit more about where to start when it comes to building credit. Read our article on How to Help Yourself. Don’t worry this blog post will be waiting for you right here! If you really just want to learn more about the forum KEEP READING!

You’re Back!! Not only is the forum a place where you can look up certain topics on credit and debt but it is also a place for you to get in contact with some credit experts. When you post a question on the forum, it can be answered by our credit experts as well as other forum members that might have had a similar experience and discovered something that really worked for them. While the forum isn’t developed to be an extremely social environment we are always encouraging members to post their experiences especially what works and doesn’t work.

If this sounds interesting to you and you are already thinking of questions to ask it’s probably time for you to take the Credit Repair Intelligence System for a 30-day test drive. Check out The Credit Repair Intelligence System here!!!! If you are not totally sure yet and want to get some clarification on everything you will get access to you can just click here

If you want to get more info or credit building videos and blogs be sure to check out our video library here at www.CreditRepairPublishing.com. Also be sure to like out Facebook page if you haven’t already. We are always posting articles, blogs, and videos that are awesome!