Here are some ways you can maintain and improve your credit scores including legal and debt negotiation services.
CONSUMER ADVOCATE
GROUP CAN NEGOTIATE FOR YOU
The
Consumer Advocate Group is a lawyer-supervised debt resolution service that can settle various debts including credit card
debt, unsecured loans, unsecured personal loans, unsecured personal lines of credit, medical bills and stop collections.
The Consumer Advocate Group says it will negotiate with your creditors and says it can reduce debt by up to 60% of the actual
debt amount. Attorneys are involved in the negotiations on your behalf. The CAG says its program can get consumers
debt free in four years or less while it reduces payments and overall debt amounts. This program can also help you avoid
filing for bankruptcy and can help make your cash flow stable. Call for information at (888) 456-6165 or go to the website www.mycag.com for information. Watch our video report below.
THE LAW OFFICES
OF JOHN M. RIBARICH & ASSOCIATES
One
of the services of The Law Offices of John M. Ribarich and Associates is to help consumers resolve their credit card and debt
problems. While bankruptcy is an option -- attorney John Ribarich says it is possible to negotiate with the credit card
companies and banks so that bankruptcy can be avoided. He told me that his firm has contacts with the credit card operators
to talk to them about debt resolution.
"Facing
overwhelming debt may place a person in a situation of embarrassment and a great deal of stress due to angry creditors, the
possibility of foreclosure and an uncertain financial future," John Ribarich told me. "At the Law Offices
of John Ribarich debtors can seek the legal assistance they may need in the face of creditor harassment, foreclosure
and overwhelming debt. Our law firm is one of the leading firms in the field of debt relief, and we represent clients
throughout Ventura, Los Angeles and San Bernardino, California." They also serve consumers in other areas of Southern
California as well.
If you are interested in
finding out more about our services and how Attorney John Ribarich may be able to assist you, do not wait to call us at 877-306-6343
today. Relief may be closer than you think. Their website is www.RibarichLaw.com.
Below is my interview with John Ribarich about
debt and credit relief and other legal matters and below that is another video with a client and please note that the testimonial
or endorsement does not constitute a guarantee, warranty or prediction regarding the outcome of your legal matter.
A STRATEGY
FOR YOUR CREDIT CARDS NOW
Cuts
by the Federal Reserve are lowering rates on home equity loans, personal loans
and even plastic. Your best investment now is
to pay down your credit card debt first.
If you are paying 20%, then paying off your
plastic will immediately give you a return of 20% on your money. You can't get those kind of returns anywhere else.
Do not close credit lines, as that can lower your credit score. Banks are cutting credit lines and while there is no way to
prevent this from happening if your credit card account is active and in good standing with on time payments then you might escape the bank's credit line axe.
Here are some
tips to help you improve your credit score:
Pay your bills on time.
If you have missed payments, get current and stay current. The longer you pay your bills on
time, the better your credit score. (Paying off a collection account will not remove it from your credit
report and it will stay on your report for seven years.)
Keep
balances low on credit cards and other “revolving credit”.
Pay
off debt rather than moving it around. Shuffling debt from one credit account to another will not help you. Don't
close unused credit cards as a short-term strategy to raise your score-- open but unused credit accounts might actually help
your score.Don't open a number of new credit cards that you don't need, because each new account might
hurt your score.
If you have been managing credit for a short
time, don't open a lot of new accounts too rapidly because new accounts will lower your average account age, which
can look risky if you are a new credit user.
Control your social security number...
Everybody asks for your social security number -- from your bank to the veterinarian you use to
treat your pet. Every time you give out your social security number, you increase your risk of identity theft.
This is why Congress and the White House and the Federal Trade Commission are now considering legislation that will limit
who can ask for and who can use your social security number for their business.
I think that controlling access to consumers' social security numbers is a good idea. I don't think my
dentist or my pet's veterinarian need my social security number. So, until federal laws are passed restricting the use
of social security numbers, I urge you to ask "why?" You can say to Fido's vet, "really, do you
need my social security number? Isn't my MasterCard account number what you really need?"
When it comes to banks and mutual funds and stockbrokers there is no
question that they need my social security number. But when everyone is asking for it, you know there must be other
businesses who can find another way to keep track of their customers. What's wrong with a list of customers' last names?
GET THE BEST INTEREST RATES ON YOUR SAVINGS
You've seen the TV commercials about a service that allows
banks to bid for your mortgage. Well now there is a service that will allow banks to bid on your deposits including
CD deposits and high yeild savings accounts. This is a great idea and a great service -- to have banks bid to get your
savings account and your CD account. We are pleased to provide the link below so you can get the most for your savings
account and CD account.
It’s
Free, Fast and Easy to get a great rate on your savings at MoneyAisle.com. At Moneyaisle, FDIC insured banks compete in live,
on-demand auctions for consumers’ business. Over 100 FDIC insured banks, pre-screened using independent VERIBANC®
ratings, bid for consumers CD and high yield savings accounts. This provides consumers with a safe and transparent platform
to get great rates on their savings. Click on the link below.
What You Post On The Web Can Hurt You...
I had an interesting
conversation the other day, with a software consultant who works for several big financial companies. His job is to
set up software that will "crawl" the Internet looking for information that could affect the clients of the financial
firms.
The discussion quickly turned to online social sites such as Facebook and
MySpace and YouTube and even Internet newsgroups and discussion groups. That's when this software consultant told me
that the financial industry is working on software that will crawl or read through these sites, compile data about the individuals
who use these sites, and then financial companies will be able to use this data to determine if they want to do business with
certain clients who show up in these social networking web sites.
In other words, what you post in MySpace
or on YouTube or on Facebook could be read by banks and mortgage companies and stockbrokers and based on what you post they
could decide if you might be a bad risk for a loan or a business relationship.
And why not? These same companies
now use your credit file to determine if they want to do business with you or grant you a loan, or even if they will hire
you-- so why not use anything linked to your identify that shows up on a social networking site such as Facebook or YouTube
or MySpace.
Heck, these banks and financial services companies might also subscribe to dating web sites
to see what you say to lure the opposite sex: do you brag about high roller trips to Vegas or Atlantic City or do you boast
about your upscale tastes for diamonds and jewelry and furs -- it could all come back to haunt you.
I saw an interesting
public service announcement on TV the other day -- where a bus driver and others were recognizing a young school girl and
commenting about her pictures posted on the web. The message of the public service announce (the PSA) was to be careful
about what you post online because the whole world can see it. Well, the message is not just about photos, it applies
to all sorts of data and information about you as a consumer, as an employee, and as a citizen. It really can all come
back to haunt you.
It's probably only a matter of a few months before the software systems are in place and being
used by banks and stockbrokers and mortgage companies so they can search the world wide web for information about you-- about
what you like to buy and how you spend your money, and where you shop, and what your tastes are. Just like they can
search your credit files today. And all of this information can be used to decide just what kind of a "credit risk"
or "employment risk" you are.
Here on our new media website "Moneyman" Alan Mendelson who is the original Best Deals TV show reporter and
consumer advocate shows you the best deals on TV, and the best buys, bargains and where savvy shoppers go to save, and
how to get the most for "your money" with the best of Los Angeles, Orange County, Ventura County, Riverside County
and San Bernardino County. Our Best Buys TV Show is the only regularly scheduled weekly best deals TV show in Southern
California. We show you the best deals on TV and more deals on www.alanbestbuys.com and www.vegasbestbuys.com and www.moredeals.com the original buy and sell, show and tell, video website.
