Credit repair – Purple Payday http://purplepayday.loan/ Tue, 20 Sep 2022 02:51:16 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://purplepayday.loan/wp-content/uploads/2021/10/favicon-1-120x120.png Credit repair – Purple Payday http://purplepayday.loan/ 32 32 New Credit Repair Services Market Trends, Growing Demand https://purplepayday.loan/new-credit-repair-services-market-trends-growing-demand/ Mon, 19 Sep 2022 14:25:00 +0000 https://purplepayday.loan/new-credit-repair-services-market-trends-growing-demand/ Credit Repair Services Market Overview of Credit Repair Services Market Analysis 2022: The Credit Repair Services Market exhibits comprehensive information which is a valuable source of insightful data for business strategists during the decade 2017-2027. Based on historical data, the Credit Repair Services market report provides key segments and their sub-segments, revenue and demand & […]]]>

Credit Repair Services Market

Overview of Credit Repair Services Market Analysis 2022:

The Credit Repair Services Market exhibits comprehensive information which is a valuable source of insightful data for business strategists during the decade 2017-2027. Based on historical data, the Credit Repair Services market report provides key segments and their sub-segments, revenue and demand & supply data. Given the technological breakthroughs in the market, the credit repair services industry is likely to emerge as a laudable platform for emerging investors in the credit repair services market.

Get a sample report: https://www.marketresearchupdate.com/sample/368639

The complete value chain and essential downstream and upstream elements are scrutinized in this report. Critical trends like globalization, advances in growth reinforce fragmentation regulation and ecological concerns. This market report covers technical data, manufacturing plant analysis, and raw material source analysis of Credit Repair Services industry along with which products have the highest penetration, their margins beneficiaries and the state of R&D. The report makes future projections based on the market subdivision analysis that includes global market size by product category, end-user application, and various regions.

Major Key Players in the Market:
Credit Professionals, Best Credit Service, Sky Blue Credit Repair, Ovation, Credit People, CreditRepair.com, MyCreditGroup, Credit Repair USA, Veracity Credit Consultants, MSI Credit Solutions, TransUnion, Lexington Law

The report focuses on various products and other market trends. It also shares a comprehensive analysis of the competitive landscape, highlighting key players and market share ratios.

The types covered in this report are:
collections
Late payments
Landfills
Privileges
Bankruptcies
Judgments
Covers
Seizures
Others

Based on the app:
Private
Company

Check Discount on Credit Repair Services Market Report@ https://www.marketresearchupdate.com/discount/368639

This report contains an in-depth analysis of pre-pandemic and post-pandemic market scenarios. This report covers all recent developments and changes recorded during the COVID-19 outbreak.

With current market norms being revealed, the Credit Repair Services market research report has also impartially illustrated the latest strategic developments and patterns of market players. The report serves as a presumptive business document that can help the buyers in the global market to plan their next courses towards the future position of the market.

Regional Analysis For Credit Repair Services Market

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, Nigeria and South Africa)

This report provides:

A detailed overview of the global credit repair services market.
Assessment of global industry trends, historical data from 2015, projections for the upcoming years and anticipation of compound annual growth rates (CAGR) by the end of the forecast period.
Discoveries of new market insights and targeted marketing methodologies for Global Credit Repair Services
Discussion on R&D and demand for new product launches and applications.
Varied company profiles of major industry players.
The composition of the market, in terms of dynamic molecule types and targets, highlighting the key industry resources and players.
The growth of patient epidemiology and market revenue for the global market and among key players and market segments.
Study the market in terms of generic and premium product revenues.
Determine business opportunities in the market sales scenario by analyzing trends in licensing and co-development agreements.

Get the full report @ https://www.marketresearchupdate.com/industry-growth/credit-repair-services-market-scope-and-overview-2022-2027-368639

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Get a clear understanding of the Credit Repair Services market, how it works, and the different stages of the value chain.
To understand the current market situation and future growth potential of the Credit Repair Services Market throughout the forecast period.
Develop marketing strategies, market entry, market expansion, and other business plans by understanding the factors that influence market growth and buyer buying decisions.
Understand your competitors’ business structures, strategies and prospects and react accordingly.
Make more informed business decisions using relevant primary and secondary research sources.

Ultimately, the Credit Repair Services Market report includes analysis of investments and development trends. Present and future opportunities of the fastest growing international industry segments are covered throughout this report. This report additionally presents the product specification, manufacturing method, product cost structure, and price structure.

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This press release was published on openPR.

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How to recognize credit repair scams https://purplepayday.loan/how-to-recognize-credit-repair-scams/ Tue, 09 Aug 2022 07:00:00 +0000 https://purplepayday.loan/how-to-recognize-credit-repair-scams/ By Charlestien Harris Now that the COVID-19 pandemic has subsided a bit, I’ve noticed a surge in credit repair ads on social media and in other media. It’s very important to remember that thieves are out to get whatever they can get when it comes to cashing in on the average consumer’s fear of financial […]]]>

By Charlestien Harris

Now that the COVID-19 pandemic has subsided a bit, I’ve noticed a surge in credit repair ads on social media and in other media. It’s very important to remember that thieves are out to get whatever they can get when it comes to cashing in on the average consumer’s fear of financial disaster.

It is my desire to help shed light on these pop-up businesses that fly by night and quick-result credit repair programs that attempt to lure the unsuspecting consumer into a sense of false security.

Charlestien Harris

These quick credit repair programs often use deceptive tactics to get the consumer’s attention to promote a service that is likely expensive and inefficient. The fact is, no one can remove EXACT information from your credit report, not even you.

So why pay for letters you can find on the internet or for someone to try to delete information from your credit report? The result is left with the same credit report, and you have no more money that you could have used to pay off your debt or another bill.

Here are six tips from the FTC (Federal Trade Commission) on how to tell if a company is providing legitimate services or making promises it can’t keep:

  1. The company or program wants you to pay for credit repair services before providing services. Under the Credit Repair Organizations Act, credit repair companies cannot ask you to pay until they have completed the services they promised.
  1. The company or program does not tell you about your rights and what you can do for yourself for FREE.
  1. The company or program recommends that you do not contact any of the national credit reporting companies directly.
  1. The company or program tells you that they can get rid of negative credit information on your credit report, even if that information is accurate and up to date.

*Note: Payment history is thirty-five percent of your credit score and your score is a numerical calculation of the information compiled in this report.

  1. The company or program suggests you try inventing a “new” credit identity and credit report by requesting an EIN (employer identification number) to use instead of your security number social.

*Note: If you follow illegal advice and commit fraud, you also risk getting in trouble with the law. It is a federal crime to lie on a loan or credit application, misrepresent your SSN, or obtain an EIN under false pretences.

  1. The company or program advises you to challenge all information in your credit file, regardless of its accuracy or the status of the updated information reported.

As a consumer, you have the legal right to request a copy of your credit report from all three credit bureaus. You are entitled to a free report if a company takes “adverse action” against you, such as denying your application for credit, insurance, or employment. You must request your report within 60 days of receiving the Notice of Action.

You are also entitled to one free report per year if you are unemployed and plan to seek employment within 60 days, or if your report is inaccurate due to fraud, including identity theft.

Before going to a “quick fix company,” consider contacting a HUD-approved counseling agency that can advise you on consumer issues as well as debt repayment, credit use, and management. money. If you need more information, email me at charlestien.harris@southernpartners.org or call me at 662-624-5776.

Until next week, stay financially fit!

Charlestien Harris is a financial contributor to DeSoto County News. She is a financial expert with Southern Bancorp Community Partners whose articles appear in a number of publications in the region. You’ll see his columns weekly on the DeSoto County News website and on our social media channels.

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Versio Credit Review | credit repair https://purplepayday.loan/versio-credit-review-credit-repair/ Mon, 01 Aug 2022 14:38:01 +0000 https://purplepayday.loan/versio-credit-review-credit-repair/ VSredit Versio offers an AI-powered self-service option for consumers looking to improve their credit score. Its DIY credit repair services are an attractive alternative to the more common expensive subscription models that can cost close to $100 per month or more. For just the cost of a subscription to three credit bureaus and postage for […]]]>

VSredit Versio offers an AI-powered self-service option for consumers looking to improve their credit score. Its DIY credit repair services are an attractive alternative to the more common expensive subscription models that can cost close to $100 per month or more. For just the cost of a subscription to three credit bureaus and postage for your dispute letters, you can access the Credit Versio app for free.

Introducing Credit Versio Credit Repair

If you are looking for a cheaper and more effective alternative to credit repair, Credit Versio should be on your shortlist. Although a relative newcomer to the credit repair industry, the company’s do-it-yourself approach keeps costs low while offering a number of tools to its users.


Advantages

  • DIY credit repair backed by an AI-powered tool
  • Several packages according to your budget
  • Cheaper credit repair options compared to other credit repair options

The inconvenients

  • Credit Versio is a new company that doesn’t have as much social proof or third-party ratings to fully gauge the company’s performance
  • Credit repair is mainly assisted by a software tool, with minimal human intervention (Credit Verio employees)

Credit Versio Services

Many people have errors on their credit reports and don’t even know it. In many cases, these mistakes can hurt your credit score.

A low credit score can mean lower approval ratings for products like credit cards, mortgages, or personal loans. If you are approved, lenders may consider you a credit risk. Your interest rate will be higher, which could cost you thousands of dollars more than your counterparts with higher credit scores.

That’s where Credit Versio comes in. Credit Versio is a credit repair service that automates the process of removing incorrect or unverifiable information from your credit report. The credit repair company offers service packages with reasonable rates and unlimited dispute letters.

What Credit Versio offers

Credit Versio has an automated system that connects to your Equifax, TransUnion and Experian credit profiles. Once this information is displayed in your Credit Versio dashboard, you can dispute one or more negative items:

  • Requests
  • Late payments
  • Landfills
  • collections
  • Seizures
  • Covers
  • Student loans
  • Bankruptcies

Credit Versio’s AI-powered tools can identify up to 20 different types of negative accounts. Not only does the dashboard show all of your negative accounts, but you can drill down into each item to see why the account is considered a negative item.

The dashboard report can even reveal the delay of a payment or other details about the derogatory nature of the negative item. At the bottom of this screen, you will also see a recommended dispute policy. You can choose this recommended dispute option, choose another from a drop-down menu, or manually enter your own.

This tool can create a letter from a template to address this account and automatically insert the reason why the account needs to be deleted. The tool will include all relevant account information and place it in a format preferred by the credit bureaus. Credit Versio’s tool will email your dispute letters to you, which you then print and mail to each credit bureau. According to the Credit Versio website, sending your dispute letters is more effective than using online options to dispute your credit report.

Once you start disputing accounts, Credit Versio’s tool shows monthly updates regarding your credit score and status. If a dispute fails, the tool can assess the reason and suggest an alternative method of strategic litigation.

The “secret sauce,” so to speak, is an algorithm that can provide statistical analysis of your credit report from a numerical perspective. The company compiles a record of data points that informs the algorithm, supported by machine learning. They can recommend the most effective litigation based on the nature of the negative elements in your credit report.

Credit Versio offers three different packages at reasonably affordable rates:

smartcredit Basic smartcredit Premium IdentityIQ
$19.95/month $24.95/month $29.99/month
Unlimited Credit Versio Disputes Unlimited Credit Versio Disputes Unlimited Credit Versio Disputes
Office 3 monthly reports and scores Office 3 monthly reports and scores Office 3 monthly reports and scores
Identity theft insurance ($1M) Identity theft insurance ($1M) Identity Theft Insurance ($25,000)
Credit Monitoring and Alerts (TU) Credit Monitoring and Alerts (TU) Credit Monitoring and Alerts (TU)
Includes SmartCredit Money Manager with 2 monthly updates of Transunion report and score in SmartCredit. Includes SmartCredit Money Manager with unlimited Transunion report and score updates in SmartCredit. IdentityIQ includes a 7 day trial for $1.

You have the option to cancel your Credit Versio subscription at any time.

What Credit Versio does not offer

Be aware that what Credit Versio offers is more of a do-it-yourself credit repair tool. Unlike some credit repair companies, Credit Versio doesn’t seem to rely heavily on case managers or other staff to guide you through the credit repair process.

Its credit repair strategy puts its software tool front and center, with human assistance as backup to support your interaction with its automated platform. While the human coaching element is minimal, it’s good to know that Credit Versio also runs a blog and YouTube channel with educational credit resources.

As a DIYer, you’ll be forced to learn a lot of things quickly, like how to read your credit report, what the dispute process entails, and more. It could ultimately make you a more educated consumer, which isn’t a bad thing.

Credit Versio Credentials

Credit Versio is a relative newcomer to the credit repair scene. The company was founded in 2019 and started onboarding users in 2020. Since then, it has served 100,000 customers.

Licenses and registrations

Credit Versio’s business is incorporated in the State of Nevada with Corporate Creations Network, Inc. listed as the company’s registered agent.

Awards and certifications

Credit Versio has not received any awards or certifications as of this writing (July 2022).

Regulatory or legal actions

Because Credit Versio is a newer company, we found no legal complaints, regulatory or legal actions against Credit Versio, and the company does not yet have a Better Business Bureau (BBB) ​​profile.

Note that although we always try to include accurate and up-to-date information on regulatory and legal actions, we do not claim that this information is complete or fully up-to-date. As always, we also recommend doing your own research.

Credit Versio Accessibility

Credit Versio representatives are available to answer your questions and issues via website and phone. Here is more information on how to join the company.

Availablity

Credit Versio staff is available by phone or email from 9:00 a.m. to 5:00 p.m. (PST) Monday through Friday.

Contact information

You can reach the company during normal business hours at 702-930-3903. His general email address is support@creditversio.com.

User experience

Credit Versio’s website has enough information to explain how its tool works and the credit repair packages it offers. Once you have signed up for the service with Credit Versio, you will have access to the AI-powered dashboard to start managing your dispute process.

Limits

Although Credit Versio’s web-based tool is very robust and efficient, it does not yet offer a user experience through the Android or iOS app. However, you can access it from any browser, including a mobile browser.

Credit Versio Satisfaction Ratings

So far, Credit Versio is only featured on one review website. We combed through the reviews, comments, and complaints and found a few commonalities, which we’ll discuss below.

Third-party reviews

As of this writing, Credit Versio has no profiles with third-party review sites such as Consumer Affairs, Google Business, Yelp, or even the Better Business Bureau. He doesn’t yet have a profile on Trustpilot, which has a rating of 4.3 out of 5 stars. Although Credit Versio claimed this profile, it has yet to respond to customer feedback.

Note that there are no official bodies or third parties that rate credit repair. This information is provided on the basis of information available to us at the time of publication.

Customer complaints

The majority of reviews on Trustpilot are positive and cite good results, hence the 4.3 out of 5 star rating. Most 1, 2 and 3 star reviews mention the following issues:

  • Not all negative items are removed as customers expected.
  • The data extracted by the tool is not always up to date.
  • Customers did not receive value for what they paid for.
  • Upon cancellation, customer accounts were still charged 1-2 additional billing cycles.

Credit Versio FAQ

Is Credit Versio Real?

What credit score does Credit Versio use?

Is paying someone to repair your credit worth it?


How we rated Credit Versio

Our review of Credit Versio is based on a combination of information from the company’s website, customer review sites, industry monitoring reports and third-party consumer advocacy sites.

Money’s Credit Versio Review Summary

Credit Versio is a new credit repair company with an angle that could give it an edge over its competitors: an AI-powered dispute resolution process and a below-average price. While it remains to be seen how well the company does in serving its customers and delivering positive results for them, we like the low-cost DIY approach offered by Credit Versio.

© Copyright 2021 Advertising Practitioners, LLC. All rights reserved.
This article originally appeared on Money.com and may contain affiliate links for which Money receives compensation. The views expressed in this article are those of the author alone, not those of any third-party entity, and have not been reviewed, endorsed, or otherwise endorsed. Offers may be subject to change without notice. For more information, read Money’s full disclaimer.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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BrokerCalls Pay Per Call Network Provides Exclusive Business Credit Repair Leads https://purplepayday.loan/brokercalls-pay-per-call-network-provides-exclusive-business-credit-repair-leads/ Sat, 23 Jul 2022 00:07:00 +0000 https://purplepayday.loan/brokercalls-pay-per-call-network-provides-exclusive-business-credit-repair-leads/ /EIN News/ — Fort Lauderdale, July 22, 2022 (GLOBE NEWSWIRE) — Fort Lauderdale, Fla. – Fort Lauderdale, FL – In the highly competitive credit repair industry, BrokerCalls provides exclusive credit repair leads that help credit repair businesses thrive. Prospect exclusivity is a fundamental reason BrokerCalls is able to produce a phenomenal return on investment for […]]]>

/EIN News/ — Fort Lauderdale, July 22, 2022 (GLOBE NEWSWIRE) — Fort Lauderdale, Fla. –

Fort Lauderdale, FL – In the highly competitive credit repair industry, BrokerCalls provides exclusive credit repair leads that help credit repair businesses thrive. Prospect exclusivity is a fundamental reason BrokerCalls is able to produce a phenomenal return on investment for its clients.

BrokerCalls has become one of the most sought-after lead brokers as it continues to provide exclusive, high-quality leads to help credit repair services achieve growth. They rely on extensive marketing campaigns along with their powerful affiliate marketing program to provide their clients with high converting credit repair leads.

One of the big differences with BrokerCalls is that they are committed to getting results. Their results-driven pay-per-call model helps facilitate some of the best ROI available in marketing.

Credit repair companies are turning to BrokerCalls to increase their sales instead of simply relying on paid advertising and online marketing campaigns because often the returns on these standard forms of marketing are lacking, and the management of a successful marketing campaign can take a lot of work and money to become profitable – which may never happen in some cases.

BrokerCalls’ pay-per-call model allows its customers to pay for quality leads that are sold only once, which means credit repair companies that use BrokerCalls are the first to speak with customers. motivated who are actively seeking credit repair services. Sales teams can focus on motivated customers instead of cold calling indifferent customers, resulting in much higher sales conversion.

BrokerCalls also provides extensive data collection through its state-of-the-art call tracking software. The software allows their customers to see the performance of their incoming calls and gives them valuable insight into their target audience and the industry as a whole, giving the company a competitive edge in the credit repair market.

BrokerCalls customers spend more time talking to motivated customers and reduce wasted time for customers who have already found credit repair or are no longer interested in service. This fact, combined with the pay-per-call leads model, allows businesses to focus on marketing that has an exceptionally good ROI, helping them achieve their sales and business growth goals. This is the secret of BrokerCalls’ success.

BrokerCalls is a partner for business growth – when their customers thrive, too. The results-driven lead broker works closely with her clients to ensure success, helping them optimize their business profile on call tracking software and stretching to help their clients achieve their sales goals .

For those who have a business and are looking for an affordable way to generate credit repair leads with a great return on investment, contact BrokerCalls today and find a partner for success. Call (855) 268-3773 or visit www.brokercalls.com to learn more.

.

###

For more information on brokerage calls, contact the company here:

Brokerage calls
Bianca Toyos
855.268.3773
3323 West Commercial Blvd, Suite 260, Ft. Lauderdale, Florida 33309


Bianca Toyos

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Kalamazoo Eastside Neighborhood Hosts Credit Repair and Mortgage Readiness Event https://purplepayday.loan/kalamazoo-eastside-neighborhood-hosts-credit-repair-and-mortgage-readiness-event/ Wed, 22 Jun 2022 07:00:00 +0000 https://purplepayday.loan/kalamazoo-eastside-neighborhood-hosts-credit-repair-and-mortgage-readiness-event/ KALAMAZOO, MI — Residents with questions about buying a home, their credit score, or other financial matters are invited to a community event in Kalamazoo. The Kalamazoo Eastside Neighborhood Association, in partnership with Kalamazoo County Land Bank and Vibrant Kalamazoo, is sponsoring a financial literacy, mortgage preparation and credit repair event on Thursday, June 23, […]]]>

KALAMAZOO, MI — Residents with questions about buying a home, their credit score, or other financial matters are invited to a community event in Kalamazoo.

The Kalamazoo Eastside Neighborhood Association, in partnership with Kalamazoo County Land Bank and Vibrant Kalamazoo, is sponsoring a financial literacy, mortgage preparation and credit repair event on Thursday, June 23, according to a press release from the organizations.

The event, which is family-friendly, is scheduled from 4 p.m. to 7 p.m. Thursday at the Eastside Sunrise Plaza, 1628 E. Main St., according to the release.

Related: Plaza featuring local artists, stories from upcoming residents in the Eastside neighborhood of Kalamazoo

The Eastside neighborhood’s annual “Show Me The Money” event will feature Lunchbox Food Truck, the Eastwood Kalamazoo Public Library’s mobile lending library, local author and real estate agent Twala Lockett-Jones, games, vendors and financial panels with local experts in English and Spanish, the statement said.

“KENA is proud to continue its partnership with Land Bank in joining our efforts to stabilize household finances and help families buy homes or save more effectively,” said Pat Taylor, Director of KENA. “Residents are especially thrilled to have the chance to participate in this event while celebrating the beautiful Eastside Sunrise Plaza.”

Two half-hour panels will be moderated by Buddy Hannah, Eastside resident, financial podcaster and former radio talk show host, who hosts a podcast called “Let’s Talk Money”, sponsored by KENA and with the support of the Public Media Network, according to the statement.

Author Lockett-Jones will also be signing copies of the children’s book ‘Princess Mackie Buys a House’ and sharing her knowledge as a real estate agent.

“I wrote ‘Princess Mackie Buys a House’ to introduce the subject of real estate to young people in hopes of increasing the declining black homeownership rate in this country,” Lockett-Jones said. “Homeownership is the cornerstone of building generational wealth in America. It is imperative to plant the seeds of home ownership in our children early and often so that they can see this as a real possibility for them in the future.

The food truck will be present at the event from 4:30 p.m. to 6:30 p.m. Attendees who complete a survey will receive food tickets and children will be served free of charge, according to the statement.

“This collaboration is a much-needed undertaking during the housing shortage in our community,” said Land Bank Executive Director Sid Ellis. “It’s important that families have a place to live and, more importantly, that they understand the opportunities they have to own property to create generational wealth.”

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The “hard medicine” to keep your accounts recession-proof

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LIBERTY TAX PARTNERS WITH CREDIT SAINT™ TO OFFER CREDIT REPAIR SERVICES https://purplepayday.loan/liberty-tax-partners-with-credit-saint-to-offer-credit-repair-services/ Tue, 14 Jun 2022 12:00:00 +0000 https://purplepayday.loan/liberty-tax-partners-with-credit-saint-to-offer-credit-repair-services/ Leading Tax Preparer Expands Financial Offerings by Partnering with Leading Credit Repair Company HURST, TX, June 14, 2022 /PRNewswire/ — Liberty Taxa leading provider of tax planning and financial solutions, will add credit repair to its suite of services through a new partnership with Credit Saint™. their report. “Credit repair is a natural addition to […]]]>

Leading Tax Preparer Expands Financial Offerings by Partnering with Leading Credit Repair Company

HURST, TX, June 14, 2022 /PRNewswire/ — Liberty Taxa leading provider of tax planning and financial solutions, will add credit repair to its suite of services through a new partnership with Credit Saint™. their report.

“Credit repair is a natural addition to our service portfolio,” said Brent Turner, CEO of Liberty Tax. “Having an accurate credit report is crucial for our customers, especially when applying for a loan, mortgage or other credit product. By partnering with the leading credit repair company nationwide, our clients can now access a premier resource to ensure that their credit report accurately represents their financial history. This is a critical part of our financial wellness strategy.”

Ross La Pietra is the managing director of Credit Saint. “Our mission is to provide an exceptional customer experience and deliver the best value to consumers in the credit repair industry,” said LaPietra. “Our nationwide partnership with Liberty Tax will allow us to better serve more customers and elevate the brand equity we’ve been building for more than a decade, and improve Liberty Tax customers’ power over their financial lives.”

Credit Saint has been in business for over 15 years and in the past three years alone has served over 100,000 customers. The company is accredited by the Better Business Bureau and is ranked #1 by major financial sites such as Money.com, ConsumerAffairs.com and other news outlets.

Liberty Tax customers will receive a free initial credit consultation, special $20 on Credit Saint’s “first job fee” and a 90-day money-back guarantee. The partnership showcases Liberty Tax’s commitment to integrating holistic financial services that benefit the American consumer as well as small and medium businesses underserved by traditional financial institutions.

For more information about Liberty Tax, its suite of services and franchise opportunities, visit libertytax.com.

*Credit Saint is not available in the following states: washington d.c., Caroline from the south, Mississippi, Minnesota, Maine, Kansas, Georgia, Oregon,

About Liberty Tax

Liberty Taxa portfolio company of NextPoint Financial Inc. (TSX: NPF.U) (OTC Pink: NACQF), is a tax preparation service with more than 2,700 locations and serves approximately 1.6 million consumer and small business customers in United States and Canada. Founded in 1997, Liberty Tax is one of the nation’s leading tax preparation companies, with franchise locations in all major metropolitan areas of the United States and Canada. For a more in-depth look, visit Liberty Tax Service and on Facebook.

About NextPoint Financial Inc.

NextPoint Financial Inc. is an all-inclusive marketplace for financial services that empowers hard-working, underserved consumers and small businesses. NextPoint was formed by the July 2021 combination of Liberty Tax, a leading provider of tax preparation services, with LoanMe, an online lender and loan distributor. NextPoint’s revenues and financial performance currently reflect the seasonality of its significant tax preparation business, in which the majority of its revenues are generated in the first and second calendar quarters of each year.

NextPoint’s interim financial statements and other regulatory documents are filed on the Electronic Document Retrieval and Analysis System (“SEDAR“)www.sedar.com where they can be consulted by shareholders and other interested parties.

SOURCELiberty Tax Service

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New bill aims to improve consumer credit repair / Public News Service https://purplepayday.loan/new-bill-aims-to-improve-consumer-credit-repair-public-news-service/ Thu, 02 Jun 2022 07:00:00 +0000 https://purplepayday.loan/new-bill-aims-to-improve-consumer-credit-repair-public-news-service/ A bill just introduced in the U.S. House of Representatives aims to give consumers a boost as they combat inaccuracies in their credit reports. House Resolution 7919 would remove a loophole in the Fair Credit Reporting Act that allows credit grantors and debt collectors to ignore correspondence sent on a consumer’s behalf by a credit […]]]>

A bill just introduced in the U.S. House of Representatives aims to give consumers a boost as they combat inaccuracies in their credit reports.

House Resolution 7919 would remove a loophole in the Fair Credit Reporting Act that allows credit grantors and debt collectors to ignore correspondence sent on a consumer’s behalf by a credit repair company or community organization non-profit.

Michael Claunch, a lobbyist who represents customers in the credit repair industry, said consumers should be able to get help navigating a complex system.

“Removing this opt-out provision is an important first step to increasing transparency and increasing responsiveness to consumers who need help in this area,” Claunch said.

Opponents are expected to argue that their current practices are legal and that the change would create an unnecessary burden on their domain.

Andre Chapple, pastor of Faith Church LA which runs financial education workshops, said bad credit can interfere with parents’ ability to find jobs or move their children to a safer area.

“People who want to leave unsafe neighborhoods but contain inaccuracies and outdated material that lower their credit score are being denied,” Chapple observed. “It just makes it harder for those who are already struggling. And it’s hard enough. Let’s do something different.”

Esteban Nunez, chief strategy consultant for the Anti-Recidivist Coalition, said people trying to rebuild their lives after spending time behind bars are particularly vulnerable if they have bad credit or no credit history.

“We are compounding layer after layer after layer of barriers,” Nunez asserted. “It’s incredibly difficult for people to find housing and jobs because they have no credit.”

A recent Consumer Financial Protection Bureau report found that 98% of the time, the big three credit reporting agencies fail to provide relief to people who complain about errors in their credit reports.

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DOJ and FTC end deceptive credit repair operation | PC Weiner Brodsky Kider https://purplepayday.loan/doj-and-ftc-end-deceptive-credit-repair-operation-pc-weiner-brodsky-kider/ Wed, 01 Jun 2022 07:00:00 +0000 https://purplepayday.loan/doj-and-ftc-end-deceptive-credit-repair-operation-pc-weiner-brodsky-kider/ The Justice Department recently obtained an injunction against a Texas-based “credit repair” company for falsely claiming that the company would remove negative information from its consumers’ credit reports. The DOJ, acting on notice and authorization from the FTC, prohibited the company from filing false identity theft reports to explain negative items on consumers’ credit reports. […]]]>

The Justice Department recently obtained an injunction against a Texas-based “credit repair” company for falsely claiming that the company would remove negative information from its consumers’ credit reports. The DOJ, acting on notice and authorization from the FTC, prohibited the company from filing false identity theft reports to explain negative items on consumers’ credit reports.

The Commission alleges in a complaint filed by the US Department of Justice on its behalf that the company operated a deceptive credit repair program, in violation of Section 5 of the FTC Act, the credit repair organizations and the Telemarketing and Consumer Fraud and Abuse Prevention Act. . The complaint alleges that the company claimed to help repair consumers’ credit through a “two-step process.” The Commission says this “process” often fails to deliver what it promises, harming customers. The complaint also accuses the company of falsely claiming that it can remove negative information from consumers’ history through “advanced dispute” of negative items on a consumer’s credit report and adding “credit enhancement products” to improve credit scores, which can help consumers obtain loans. and other loans at lower rates. The government is seeking both civil penalties and reparations for consumers.

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FTC says credit repair business doubled as pyramid scheme https://purplepayday.loan/ftc-says-credit-repair-business-doubled-as-pyramid-scheme/ Tue, 31 May 2022 07:00:00 +0000 https://purplepayday.loan/ftc-says-credit-repair-business-doubled-as-pyramid-scheme/ For the second time this month, the FTC pursued a credit repair operation that it said combined false promises to quickly and dramatically boost people’s credit scores with the offer of a false opportunity to make money selling credit repair services. In the latter case, the FTC claims that the supposed money-making opportunity was a […]]]>

For the second time this month, the FTC pursued a credit repair operation that it said combined false promises to quickly and dramatically boost people’s credit scores with the offer of a false opportunity to make money selling credit repair services. In the latter case, the FTC claims that the supposed money-making opportunity was a pyramid scheme.

The complaint alleges that Michigan-based Financial Education Services (FES), five related companies and owners Parimal Naik, Michael Toloff, Christopher Toloff and Gerald Thompson defrauded consumers of more than $213 million. At the request of the FTC, a federal court froze the assets of the defendants, appointed a receiver and ordered a halt to the allegedly illegal operations pending further proceedings in the case.

The FTC says FES, which also does business as United Wealth Services, uses social media, telemarketing and a nationwide network of sales agents to promote its credit repair services in Spanish and English. He claims he can boost people’s credit scores by hundreds of points in a short time by permanently removing negative information – like collection accounts and late payments – from their credit reports and adding positive information. .

But, according to the FTC, FES does neither. For example, to supposedly remove negative information, FES emails customers non-editable form letters to print, sign, and send to the credit bureaus. The letters dispute all or most of the negative items in the customers’ credit reports. But disputes — without supporting documents — rarely result in the removal of articles, according to the FTC.

The complaint says FES charges people $99 upfront for its services, and recurring fees of up to $89 per month. It is illegal for a credit repair company to charge people before they have fully performed the services it promises. Additionally, according to the complaint, the FES is not giving people important information required by the Credit Repair Organizations Act (CROA), including signed contracts that disclose the services it will provide, the total cost of its services and its refund and cancellation policies. .

The complaint alleges that the credit repair program and the pyramid scheme are closely related. The FTC says FES pressures customers who inquire about its credit repair services to become “FES agents.” The company says agents can earn tens of thousands of dollars a month by selling FES services to other consumers and recruiting those consumers to become FES agents themselves. And, he details a complex system in which FES agents are said to become eligible for ever-increasing commissions and bonuses by creating a “downline” of recruits who, in turn, sell FES services and recruit new ones. agents to do the same.

But, according to the FTC, FES’ alleged business opportunity requires its agents to pay FES $299 upfront to participate in the business, plus $89 per month thereafter for FES’s credit repair services, even if they don’t need it. And, according to the FTC, in classic pyramid scheme style, FES encourages bringing new agents into the business rather than selling credit repair services. The complaint charges that few, if any, are earning the promised income, and many are losing money.

The complaint accuses the company’s practices of violating the FTC, CROA and the Telemarketing Sales Rule. This follows the FTC’s complaint earlier this month accusing The Credit Game and its owners of operating a fraudulent credit repair operation that also presented a bogus business opportunity. There, the FTC said the “opportunity” was essentially for people to hand over their government COVID-19 benefits to defendants to learn how to start their own credit repair businesses.

If it seems like we’re taking a hard look at money-making schemes that target people in financial difficulty or trying to get ahead, that’s right. Looking ahead, it should be noted that the Commission launched regulations in February to tackle misleading or unfair marketing using income claims. If finalized, the rule would allow the FTC to seek redress for defrauded consumers and seek stiff penalties against all multi-tiered merchants and other bad actors who exploit people’s hopes for economic advancement. Stay tuned.

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FTC says credit repair company sold bogus services and pyramid scheme https://purplepayday.loan/ftc-says-credit-repair-company-sold-bogus-services-and-pyramid-scheme/ Tue, 31 May 2022 07:00:00 +0000 https://purplepayday.loan/ftc-says-credit-repair-company-sold-bogus-services-and-pyramid-scheme/ If your credit score is low, the promise of a solution that can help you quickly gain the economic benefits that a high credit score brings may be appealing. And, if the company offering the fix also says you can make a lot of money selling their credit repair services, the offer may seem perfect. […]]]>

If your credit score is low, the promise of a solution that can help you quickly gain the economic benefits that a high credit score brings may be appealing. And, if the company offering the fix also says you can make a lot of money selling their credit repair services, the offer may seem perfect. But the FTC says the credit repair services offered by Financial Education Services (FES) are a sham and its supposed money-making opportunity is a pyramid scheme.

In a newly filed lawsuitFTC says FES, which also does business as United Wealth Services, defrauded more than $213 million with a scheme that combines billing worthless credit repair services and recruiting them to sell the same fakes services to others.

FES claims it can quickly boost people’s credit scores by hundreds of points by permanently removing negative information from their credit reports and adding positive information. But the FTC says FES services accomplish little or nothing. For example, the FES sends customers form letters to send to the credit bureaus to dispute negative items, but the letters do not include supporting documentation, so they rarely result in items being removed, according to the FTC.

The complaint says FES charges people $99 up front for its services, plus up to $89 per month. It is illegal for a credit repair company to charge people before they have fully performed the services it promises. Additionally, according to the complaint, FES is not giving people important information to which they are entitled under the law, including written information about the full cost of its services and its refund and cancellation policies.

According to the complaint, FES also pressures people to become FES “agents,” telling them that they can earn tens of thousands of dollars a month by selling FES services to other consumers and recruiting them to become FES agents themselves. But, according to the FTC, FES’ alleged business opportunity requires its agents to pay hundreds of dollars to join and advance in the company. And, according to the FTC, in classic pyramid scheme style, FES encourages hiring new agents rather than selling credit repair services. The complaint accuses few, if any, of earning the promised income, and many are losing money as FES agents.

If you are working to repair your credit, Repairing Your Credit FAQ contains information on building your credit and spotting scams. And, if you’re considering investing in a business that requires you to recruit other investors, read this information on the detection of a pyramid scheme.

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