Blooper Clap Zoom Remove Short Sales Whoo
June 15, 2010 - 11:05 pm
Minnesota Credit Repair Guru Troy Telthoester shares how we remove short sales from someones credit report. Or at least he tries 
Duration : 0:0:19
Posts Tagged ‘credit report’
Blooper credit repair on your own
June 15, 2010 - 11:04 pm
Credit Repair Guru Troy Telthoester slips a lip and has some blooper blunder moments.
Duration : 0:0:19
Credit Repair – Increase your Credit Scores in 75 Days – part Two
June 15, 2010 - 11:04 pm
Learn how about the credit score problem facing so many Americans today, and what you can do about it! Did you know that 79% of credit reports contain inaccurate information? That’s 8 out of 10 reports! It may not be your fault, but the fault sloppy credit bureau reporting practices.
Let us educate you on how you can protect your consumer credit rights!
Duration : 0:9:23
Blooper Bla Bla Idiot Smile
June 15, 2010 - 10:55 pm
MN Credit Insider shares one of the many secrets on how we can remove all negative information (Guaranteed) from a credit report.
Duration : 0:0:33
How Debt Gets to Collectors – Legal Consequences
June 15, 2010 - 10:54 pm
How Debt Gets to Collectors – Legal Consequences
When you become late on one credit card – your rates immediately jump up on ALL you credit cards. Including promotional zero-interest cards. And sometimes this goes retroactively back in time. Credit card companies explain that they can do this because you become a “high risk”.
As of today (beginning of 2009) late fees and over-limit fees are by far the single biggest profit center for credit cards (more than $4 BILLION annually). Those fees have now gone as high as $43 on some credit cards, with the average between $35 & $39 by most major issuers.
And unfortunately the lenders can legally do this – so pay close attention to your payment due dates. For more information visit http://www.101creditrepair.com
As you miss payments – this gets reported to CRAs (Credit Reporting Agencies). And the lender will start contacting you (either directly, or via a contracted collection agency).
If you miss the due dates on three payments, the lender will usually shut your card off, declare it in default and make demand for payment in full. Your rates and late payment penalties can quickly make your balance grow by 50% or more.
If you don’t pay for 180 days – they will charge-off your account so that they can get tax benefits for it. They will also turn over to collections. Usually just sell for 3-4 pennies on a dollar.
VERY IMPORTANT: keep records of all letters you get (bills, collection letters), especially the proof of the charge off date or date of last activity as reported to the credit bureaus by the original creditor, so as to legally ascertain when your state statutes kick in. The best way to legally document this is by obtaining a copy of your credit reports that denote this fact, which could become an important document in future disputes or legal proceedings. Keep the report for several years (7 years).
Note: the charge-off date determines two very important date marks for you:
1. how long the debt record will stay in your credit file (usually 7 years from this date).
2. the statute of limitations (SOL) date: how long the debt can be collected. It depends on the type of the debt and on state. Usually 4-6 years. Each state has its own rules.
For more information visit http://www.101creditrepair.com/resources
Note: Collectors can not change the date – re-aging of accounts is prohibited by law. But be careful. If a collector sues you on an “expired debt” (“Time Barred Debt”) – you still have to go to court to protect yourself. If you don’t show up – the collector wins “by default” – and now you will have to pay this debt plus legal fees plus you will get a new bad record on your credit report about the judgment – which will stay for 7 years.
Duration : 0:5:11
Active accounts vs Inactive accounts
June 15, 2010 - 10:13 pm
http://www.RemoveTheCreditBlues.com Follow me on http://Twitter.com/Troy_Credit for updates from the credit world. Credit reports with active accounts are treated differently than credit reports with inactive accounts. This is a must watch to learn about what can be fixed and what cant!
Duration : 0:2:51
Are the credit bureaus really trying to help you?
June 15, 2010 - 10:12 pm
http://www.RemoveTheCreditBlues.com Follow me on http://Twitter.com/Troy_Credit for breaking credit updates.
Are the credit bureaus really trying to help you? Ever wonder if the credit bureaus really have your best interest at heart? No pun intended. It’s all about the money! Millions and Billions!
Duration : 0:1:50
How do I get out of Chexsystems?
June 15, 2010 - 10:12 pm
http://www.RemoveTheCreditBlues.com Follow me on http://Twitter.com/Troy_Credit for breaking credit news. If you are in the Chexsystems data base you know how hard it is to open a checking account! Want to learn how to get out off of the database for free? Check out this credit video!
Duration : 0:1:12
Helpful Tips to Homeownership – What to do before you start looking for a home?
June 15, 2010 - 10:12 pm
Abraham Walker (http://www.abrahamwalker.com) video blogs about steps you should take before you start looking for home with the help of Brandy Simpson(http://www.brandysimpson.com). The points Brandy touches on are:
1.Check your credit report with the 3 Credit Bureaus (Transunion, Equifax, and Experian) for any inaccurate information. You may be eligible for a free report every year from each bureau.
2.Don�t make any large purchases (cars, computers, furniture) with credit accounts. Every purchase you make using a credit card will increase you Debt to Income ratio and reduces the Loan amount you will be eligible for to purchase a house.
3.Try not to change jobs until after you purchase your home. Lenders like to see job stability.
4.Hold off on switching Bank accounts. Any sign of instability will cause the Lender to request more paperwork to get your loan closed.
5.Educate yourself about the Home Buying process and don�t be afraid to ask any questions.
If you want to ask Abraham any questions please email them to abraham@abrahamwalker.com. Check out Abraham’s Real Estate Videos @ http://abrahamwalker.com/realestatevideos. Thanks for watching.
Duration : 0:2:37
Credit Repair – Increase your Credit Scores in 75 Days – part Three
June 15, 2010 - 9:59 pm
Learn how about the credit score problem facing so many Americans today, and what you can do about it! Did you know that 79% of credit reports contain inaccurate information? That’s 8 out of 10 reports! It may not be your fault, but the fault sloppy credit bureau reporting practices.
Let us educate you on how you can protect your consumer credit rights!
Duration : 0:7:2