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This is a music video for MEN directed and produced by Frankie Martin. Starring Charles Hobbs, Michael Mahalchick, Frankie, Rose Marcus, Tara Mateik, Jamie Mohr, Shemika Moody, Carol Nahn, MPA, Stephen Remmington, Erika Somogyi and Devon Zink. Makeup by Jordan Bree Long. Special Effects help from Alex Miller. Mural by Maya Hayuk.
Question by BoomBoom: When you’re preapproved “to apply” for a credit card, what if you apply without being preapproved?
I love marketing schemes, don’t you:
“Hello, Acme credit cards, may I help you?”
“Hello, yes I would like to apply for a credit card please?”
“Have you been preapproved “to apply” for one of our credit cards?”
“Eh, no, I don’t think so.”
“Sorry, you can’t apply!”
Best answer:
Answer by Marinaio
Class warfare politicians, the majority of anyone elected to anything, advertisers using celebrities for testimonials, marketing companies, global warming alarmists, and con men and women (lawyers, pundits, newscasters, teachers, professors, market analysts, bankers), use language and make laws to fool what they cynically believe is the AVERAGE intelligence of the American public, the majority of the elderly, most minorities, most women, and the young and inexperienced. This cynicism, they feel, combined with the monstrous amount of gullible white men and mass of middle class families (not paying attention, just trying to make a living) they believe will keep them in power and put money in their pockets.
One example – - Homeland Security Secretary Janet Napolitano giving assurances that she’s made tremendous progress on securing the border, telling the Senate Judiciary Committee that it’s “as secure now as it’s ever been.”
Cynically I think it’s working.
Now if Tiger Woods gives a testimonial on condom use, that’s something you can believe in.
Add your own answer in the comments!
Here’s the executive summary of a Credit Repair Business Plan:
a description of your company, including your products and/or services
your mission statement
your business’s management
the market and your customer
marketing and sales
your competition
your business’s operations
financial projections and plans
For someone looking for a credit repair business plan, a simple description might be “Ace Credit restoration provides credit restoration services to help consumers attain good credit and therefore have more attractive financing options. The company provides credit repair on a fee-for-service model charging $ 800 to $ 2000 per client and reaches new clients via relationships by credit-dependent professionals (real estate, car dealers, etc.), financial professionals (tax, insurance, financal planners), consumer direct marketing (internet, radio, tv, postcards), and past-client referral cultivation.
Any business plan should then talk about management, which refers to your experience.
If you have experience managing a team, attention to detail, and/or financial experience, this is relevant and should be included.
When writing about your client, the consumer, you’ll find there are about 70 to 80 million americans with bad credit, many millions of whom will need to finance a home or car or other purchase and will therefore be interested in purchasing credit repair services. While some people do attempt credit repair on their own, credit is becoming increasingly complex and important. Fewer people succeed or event attempt it, and like dealing with plumbing or auto repairs, most are willing to pay a professional to get it done right.
Next, you should include a specific marketing breakdown.
We have found that at first, referral relationships are a great place to start. By offering “credit repair seminars” or “lunch and learn” events to local real estate agents or car dealers, you can quickly position yourself as an expert, develop referral sources, and help them sell more homes or cars. As your business grows, you’ll want to branch out into mass media, internet marketing to increase your visibility and scale up your operations.
The next section generally will cover competition, which of course varies by market. Currently, the credit repair business is still open and largely driven on referrals at time of need, meaning people often get their credit restored when preparing to buy a home or car, or after being declined for some type of financing (i.e. a credit card at better terms than they have presently). Longer term, the internet is a massive source of business that still has substantial opportunity. One still largely untapped area needing someone to execute their credit repair business plan is in the area of social marketing (i.e. Facebook) and joint ventures with point-of-need media i.e. a referral relationship with leading real estate websites, car dealer websites, etc. who depend on attractive financing.
Next, your plan should cover operations. You can run a credit repair home based business, or you can use office space. One under-used idea is renting a desk inside a busy real estate office. This can provide more than just a professional meeting place, but the proximity of agents who depend on their clients having good financing will virtually guarantee some clients are delivered to you. This can also help embed your credit repair business into the local ecosystem of potential referring businesses such as mortgage, insurance, and financial professionals. Most real estate offices would be open to renting a desk or office within or nearby the facility. Another option for your credit repair business plan is to run a home based credit repair business, but have a set schedule at local real estate offices or car dealers to review any new files and answer questions the agents or dealers might have.
Financial projections and plans in your credit repair business plan should address startup costs and revenue, and possibly even exit such as sale of the company. Since there are systems that provide more than just software, but complete turn-key systems (similar to a franchise) including training to make you the expert, unlimited paralegal support, annual conferences, marketing support, legal support, and much more you should investigate your options.
Obviously success varies by talent, work, resources and abilities with any business opportunity. That said, we know of affiliates who have taken their credit repair business plan and executed on that plan, grossing over $ 100,000 per month. If you like the idea of being your own boss and earning an executive level income, we encourage you to take look at your business plan as just the first step an an exciting new venture.
Edward Jamison is the nation’s #1 credit repair attorney and created CreditCRM.com, a turn-key credit repair business opportunity. You can find free reports, strategies, and information to consider in developing your credit repair business plan on our site, along with free product demos and more at http://creditcrm.com/news/credit-repair-business-plan/.
Article by Patsy Rose
If you type that phrase into any search engine, thousands of results will pop up, but none of them will actually be able to provide instant credit repair. There is no such thing. By law, credit repair can be accomplished. Consumers have the right to dispute information on their credit reports, but there is no instant credit repair. This is not a quick process.
A few years ago, there was a credit repair clinic which claimed to own a unique and valuable computer “disc”. By using this disc, they claimed they could provide instant credit repair. Under federal law, credit repair clinics or companies must not make fraudulent claims to consumers. They must not encourage consumers to break the law. Credit repair is very attractive to many people who have poor or bad credit, but even though it is hard, consumers must have patience. This company and others like them capitalize on the desire for instant credit repair, when they know that there is no such thing.
Consumer credit reporting agencies or credit bureaus collect information about individuals, their spending habits, borrowing habits and repayment habits. The credit bureaus then sell this information to lenders. This is not against the law. Credit repair involves having inaccurate, obsolete or unverifiable information removed from the reports compiled by the credit bureaus. Neither is this against the law. Credit repair which is legal can improve credit scores, lower interest rates and save consumers money. Companies which offer instant credit repair may be a waste of money and a waste of time. These companies may even make suggestions which are against the law. Credit repair which is legal and effective, not a waste of money or time is not instant. The Federal Trade Commission recommends that consumers should beware of any company which offers instant credit repair.
Credit repair companies can not legally do anything for you that you can not do for yourself, if you have the time, patience and accurate information. Credit repair companies can only help you accomplish your goals. It is possible that using a credit repair company will lead to success sooner, but that does not mean overnight or instant. Credit repair can be frustrating, so people who can afford it may hire a credit repair company to do most of the work for them. These people can reasonably expect to see results in thirty to forty-five days. The process may not be complete at this point, which is why most reputable credit repair companies charge a monthly fee. They will continue to work on repairing and improving credit scores, until they are successful. They are aware of the law. Credit repair lawyers are generally most effective. They have a number of techniques at their disposal. They cannot provide instant credit repair and they will not claim to provide instant credit repair. They can provide effective credit repair. For more information about instant credit repair, legal credit repair solutions and do-it-yourself information, visit Credit Fix Solutions at http://creditfixnow.blogspot.com.
The writers and editors at Credit Fix Solutions are committed to providing accurate credit repair information.
Related Credit Repair Articles
Question by ayoung21921: how much does an account going to collections lower your credit score”?
Best answer:
Answer by sonofstar
It’s not so much that it lowers your credit score. It’s that the next company that checks your credit history will see it. Many companies these days are so touchy, that one black mark will lead to rejection.
Give your answer to this question below!
Dave Ramsey shared financial advice on FICO credit score. Don’t just repair your credit eliminate your debt. Tips from the Total Money Makeover Book
Video Rating: 5 / 5
Dave describes the design of his open source hardware uCalc credit card sized calculator / computer. Specifications: PIC 24F 16 bit Processor, 256KB Flash, 16KB SRAM, 64KB serial flash user memory, 3-Axis tilt sensor, Micro SD card, capacitive touch sensing keypad, 128×64 dot matrix display.
Video Rating: 4 / 5
How to get out of Credit Card Charges. The reality is they are hard to get out of but it’s not impossible. www.gradualreport.com for less
Video Rating: 4 / 5
Would you notice if a clerk swiped your card through a two card readers in one swift movement? Would you be able to tell if the gas pump where you swipe your card had a “bug” built in to the existing pump’s reader, saving your data both to the pump to make your gasoline purchase and to the “bug” itself for later retrieval by the thief? This type of credit card theft comes from the use of credit card skimmers – small units that work by swiping the credit card’s magnetic strip through them; just as you would if you were making a purchase. Smart thieves have learned how to attach these units to existing credit card readers so it is almost impossible to detect when one is being used. When a card is swiped through the reader, the card number, account holder name and address and sometimes even the pin number are stored so the thief can access it later. From the stored information (on however many credit cards the thief was able to “skim” through the machine), counter fit, “cloned” credit cards are created and then used to make purchases.
Unbelievably, it is not difficult to get a credit card skimming machine.
They can be searched for and purchased online, making it possible for any aspiring thief to gain access to a skimming machine for around $ 300. Thieves can then choose to sell the card information to “companies” who make counter fit credit cards; or perhaps they’ll purchase the equipment necessary to create their own fake credit cards, for around $ 10,000.
Credit card losses due to credit card skimming theft is estimated at $ 1 billion each year.
If you’ve been the victim of credit card fraud, you should know that the Truth in Lending Act limits your liability to $ 50 is the card has been stolen or lost. Most card issuers waive that $ 50 fee, as well. But don’t think all cardholders aren’t paying for these crimes- because we are; in the form of higher interest rate , finance fees and miscellaneous fees. Consumers who are victims of identity theft/credit card fraud also pay in the time it takes to fix their credit report It can take months of phone calls and letters to credit reporting agencies to get errors removed and corrected from your credit report; and it’s possible that not all errors will ever be fully corrected which can impact your future ability to obtain credit; or affect the interest rates you pay on the money you are able to borrow.
The importance of checking your credit card statement every single month can’t be stressed enough. The sooner you are able to recognize fraudulent activity, the better off you will be in putting a stop to it. Many people set their accounts up to pay automatically with checking account withdrawals and such; but even if you do this, you need to be looking over each transaction on your credit card statement regularly to ensure that only charges you’ve authorized are appearing on your statement.
for more articles please visit,
http://www.thecreditcardworld.blogspot.com
Question by joedustin: My Credit Card Dispute was reversed. Is there a way to still win? A Loophole?
I disputed a charge made by Hertz in Iceland through Citibank. Hertz charged me $ 264, but my rental was free due the use of frequent flyer points. I submitted paper work through a claim, and was reimbursed. Now 14 months later, i get a call from a collection agency stating that the charge was valid. They state “you filled the car with regular Gas, when it required Diesel Gas, so they are charging you for the repair.”
I have no memory of this, but it is possible i could have made this mistake. Is there any way to dispute this claim reversal? Why did it take them 14 months to tell me? I have asked for a copy of their repair reports in the meantime. They said they sent this info to Citibank in April last year, but I never saw anything.
Advice?
Best answer:
Answer by Common Sense
This is not a court…you lost. That’s it. You should be upset with Citibank for not telling you.
Know better? Leave your own answer in the comments!
Question by John A.: Does a business line of credit for an incorporated company affect the credit of the officers I.E President?
Basically there were two officers with each 50% of shares of an incorporated company and the company could no longer operate due to cash flow. The company had a $ 7000 balance with a major financial institution as an overdraft protection amount that was granted a year ago. We signed documents, but I am unsure if this was personally guaranteed at the time. My partner is not agreeing to pay off his half of the balance so this amount was sent to a collection agency. The have listed my name and the Incorporated company and stated that “Your credit bureau is being negatively impacted by this non-payment but can still be repaired.” I just got this letter today and wondering if anyone can give me some good advice on what I should do. If it is not personally guaranteed can this affect my personal credit history?
Thanks for the reply! In this case I remember my partner and I signed documents to grant the overdraft protection. Should I go to the branch and ask for a copy of this to see if it was a personal gurantee? We are both officers to the incorporation and 50% shareholders. They have not marked anything on my credit as of yet. I guess I answered my own question and should find out if I personally guaranteed this overdraft protection amount. What do you think?
Checked with my bank today and the line of credit is personally guaranteed with my name and my partners. The collection agency has give me until 11/26/2008. The problem now is that my partner cannot come up with his half by that date even with credit card advance or loan etc…. Any ideas since I have my half ready to pay?
Yes I think that will be one of my strategies where I have to draft a promissory note and find out when my partner can come up with his half. I am also looking into ways of extending the deadline before it affects my credit. This may require legal action and lawyer is looking into this tomorrow morning. The messed up part is that he has 2 condos (maybe cosigned) and all his money is tied in there while I have more liquidity. Thanks for all the ideas and keep them coming. Hopefully this is a lesson where everyone can learn from….Make an airtight agreement before going into business with partners!!!
Best answer:
Answer by jglick1999
The whole idea of a corporation is that it is a separate legal entity, so its credit/debt does not impact the investors/employees. I work at a startup and if we fold, the bank cannot come and take my house. In this case, one of you had personally guaranteed the loan (think of it as being a cosigner on a loan). If the company defaults, he does assume the liability for the outstanding debt. This is true ONLY for those who guaranteed the loan.
All that being said, get a copy of your credit report, and challenge any entry they made (if they made one) as erronious. Also call them and tell them that you are not a party to the loan and they have no legal standing to collect from you.
Give your answer to this question below!
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