Unsolicited Offer #1 - If you want to offer the creditor a written offer first without any other discussion then you should write this letter. You should pair this letter with the "Creditor's Agreement to settle a debt" letter. Unsolicited offer
Counter offer #1 - If you want to counter an offer made to you by a creditor, verbal or otherwise, this is the way to go. You should pair this letter with the "Creditor's Agreement to settle a debt" letter. Counter offer
Verbal Offer Acceptance #1 - Once you have settled debt repayment plans with a collection agency or a creditor's firm you need to have a copy of accepted terms and settlement issues as a document with a company representative's signature on it. This document is a must for your records before you start with any monetary transactions. You should pair this letter with the "Creditor's Agreement to settle a debt" letter. Verbal offer acceptance
Creditor's Agreement to Settle a Debt - This is a letter sent by the Debtor to the Creditor to settle debt . This letter needs to be signed by the Creditor and returned to the Debtor. Creditor's agreement to settle a debt
Debtor's Agreement to Settle a Debt - This is a letter sent by the Debtor to the Creditor to agree to a settlement offer. Debtor's agreement to settle a debt
*For all consumers
*For members only
*Coming Soon
Mortgages
- Mortgage eligibility
- Loan to Value
- Mortgage Insurance
- Rent/Leases
Insurance
- Insurance premiums
- Car Insurance
- Home Owners Insurance
- Why it matters
Employment
Interest Rates
- Mortgages
- Automobile
- Credit card
- Store Financing
*For all consumers
*For members only
*Coming Soon
How to Read a Credit Report
- What is a Credit Report?
- The History of Credit Reports
- What Makes Up a Credit Report?
- Credit Reporting Agencies
- How Do Items Get Reported?
- How Long Are Items Reported?
- Serious Errors in Credit Reporting
- Which Inquiries Hurt and How Do They Get on My Credit Report?
- Prescreened Credit Offers
Obtaining Your Credit Report
- Your Right to a Free Credit Report
- How to Obtain Your Free Credit Report
Mechanics of Credit Scoring
Members Only
- Why Credit Scores?
- Who is FICO?
- Fair Issac Corporation Speaks Out
- Credit Card Debt Affects Score
- How Do Inquiries Affect Score?
- Different Types of Scores
- What is a Good Credit Score?
Obtaining Your Credit Score
- Online Vantage Scores Are Insignificant
- Types of Scores That Matter
*For all consumers
*For members only
Credit Management Principles
- How Many Trade Lines Should You Have
- Recentness of Account Activity
- Length of Payment History
- Managing Revolving Debt - Credit Cards & Lines of Credit
- Late Payments – What You Need to Know
- How Inquiries Affect Your Score
- Paying Collections or Defaulted Accounts
- Your Debt-to-Income Ratio (DTI) Impacts Loan Approval
Credit Restoration
- What is Credit Restoration?
- How Credit Restoration Works
- Consumer Dispute Statements
- About Judgments & Tax Liens and Restoring Your Credit
- Comparing Credit Repair Companies
- Rapid Rescoring Can Be A Quick Fix
- Fair Credit Reporting Act (FCRA)
- Fair & Accurate Credit Transactions Act (FACTA)
- Credit Repair Organizations Act (CROA)
Establishing Positive Credit
- Why Establish New Accounts?
- How to Establish New Accounts
- Active vs. Closed Accounts
- When Not to Apply For Credit
*For all consumers
*For members only
*Coming Soon
Debt Validation
Members Only
- The Debt Validation Process
- Prove a Debt Collector is in Violation and Win $1000
- Do's & Don'ts of DV
- Pro's & Con's of DV
- Sample Letters
Debt Settlement
Members Only
- Hiring a Debt Settlement Company - The Fees
- Hiring a Debt Settlement Company - The Risks
- The Debt Settlement Process
- Pro's and Con's
- Do's and Don'ts
- What is Your Best Option?
- Sample Letters
Credit Counseling
Members Only
- How Credit Counseling Works
- Why Most Plans are Bad
- Warning Signs - Tips for Consumers
- When its Appropriate to Utilize Credit Counseling
- How Does Credit Counseling Compare to Chapter 13 Bankruptcy?
- Impact on Credit Scores and Financing Approval
About Chapter 7 Bankruptcy
- What it is
- How it works - rules
- How it works - process
- Should you file for bankruptcy?
- Impacts of bankruptcy on your credit report and score
- Reaffirmation - assets you want to keep
- Common mishaps and selecting a good attorney
About Chapter 13 Bankruptcy
- What it is
- How it works - rules & process
- Should you do it?
- Impacts on credit
- Paying off early
- Compared to chapter 7 - pros/cons
Collection
- How it happens
- Your rights - FDCPA
- Statute of Limitations - by state
- What to do if you are harassed
- Impact on credit
- How they affect mortgage financing
- Paying collections - do's and don'ts
Charge-Off & Profit/Loss
- What it is
- How it works
- Impact on credit score and financing approval
- Affect on mortgage financing
- Paying charge offs - do's & don't
*For all consumers
*For members only
*Coming Soon
Judgment
- What it is
- How it happens
- What to expect and do if you're served with a law suit
- Impact on credit
- Garnishments
- Satisfaction - payoff recordings
- Impact on real estate and mortgage financing
Tax Lien
- What it is
- How it affects financing
- Impacts on credit
- Satisfying/release - get & keep your proof
Child Support
- What it is it?
*For all consumers
*For members only
*Coming Soon
Foreclosure
- What it is
- Impact on credit
- Stopping foreclosure
- Deficiency judgments
- Sample letters
Repossession
- What it is
- How it works
- Impact on credit
- Deficiency judgments
