If you are interested in advising others on how to solve or fix their credit problems, then starting your own credit repairbusiness may be a great option. Credit restoration counselors meet, talk and help people that are having trouble paying off debt and raising their credit scores by providing advice and solutions. Of course, if you [...]
Credit Restoration is on Everyone’s Christmas List
Christmas is a stressful time for many Americans. To many, the holidays mean Christmas shopping, which for many consumers, also means adding even more charges to their credit cards. Fortunately, this stress and financial awareness causes many consumers to begin thinking about credit repair. Credit repair, or credit restoration, is the act of making changes [...]
Mortgage Lenders Increasingly Partner with Credit Repair
Mortgage reform laws over the past decade have made it harder for people with less than perfect credit to buy homes. As a result, less people are finding it easy to get a mortgage and lenders are suffering as well. When there are fewer qualified buyers, there are fewer loans being utilized. This means reduced [...]
Credit Repair Services in High Demand
Image via Wikipedia Debt is not a secret anymore. Nearly everyone in this world has some sort of debt thanks to home, car, and student loans and to credit cards and more. This is why credit repair services are now in high demand. With the help of financial experts and organizations, one can definitely chip [...]
Debt Settlement Leads
Image by EmaStudios via Flickr The current recession is making debt settlement leads look more like a common phone book. It seems that nearly everyone is in need of some credit or debt management assistance. That means those debt leads you are buying are increasingly valuable if you have a good marketing plan. Turning Debt [...]
Getting the Sale Started May Be More Important than Closing
Image via Wikipedia We have all heard the infamous sales mantra–ABC, Always Be Closing. But what about Openings? This is the essential question Anthony Iannarino, of The Sales Blog asks, what’s more important the opener or the closer? Closers are Charging Hard, Maybe Too Hard Often the ABC persona will run customers hard into the [...]
The Government Helping Consumers Out of Debt
Image via Wikipedia It seems like there was a lot of talk of the government helping consumers out of their debt problems. The premise was that this would jump start the teetering economy. Did it happen? I’m kinda asking the question out loud and hoping for your input. I am not really seeing it. Loan [...]
Detail from the FTC Public Forum on Banning Upfront Debt Settlement Fees
Image via Wikipedia Although a full and complete transcript is not available the FTC has posted some portions of the proceedings on debt settlement reform. Here are some important pointers: FTC TSR/Debt Relief Forum full agenda [PDF] and panelist Press Release announcing the FTC public forum on debt settlement Proposed rules from the FTC regarding [...]
Florida Attorney General Encourages FTC to Tighten Rules on Debt Settlement
Image by dcJohn via Flickr The @GetOutofDebtGuy over at Credit, Debt, Life did a nice review of the Florida Attorney General’s efforts to change how debt settlement folks get paid. His letter to the FTC encourages the FTC to require debt settlement companies to only collect fees after services are provided. Unlike credit counseling programs [...]
The Federal Trade Commission (FTC) TSR/Debt Relief Forum
Image by Getty Images via Daylife The FTC hosted a public forum on November 4, 2009 to discuss a proposed “advance fee ban” and continued tightening on “disclosures and misrepresentations” related to the debt settlement industry. The meeting was certainly packed with all of the major players in the debt settlement industry from practitioners to [...]
