Will Debt Settlement For Debt Relief Affect My Credit Score?

I’m often asked the question, “Will debt settlement affect my credit score?” It’s interesting that many who call me have already fallen behind on their payments, thus their credit may have already been affected, though it may not be showing yet on their credit report or they just haven’t checked their credit report recently. If you are [...]

How Credit Works

Here’s “what we should have learned in school” about credit.  Without this information, you’ve probably wasted thousands of dollars, or worse.  Now you’re about to learn exactly how your creditors have been taking advantage of you this whole time, and how to flip the tables to win the credit game.  This unique info is unlike [...]

Fascinating Video: Credit Crisis Visualized

Watch this fascinating video to easily understand why banks are willing to negotiate and “modify” your loan in your favor, to avoid foreclosure and save you big money. Great video for you to prepare for modifying your mortgage.

Curious about Loan Modification? Learn how mortgage modification can save your home with no refinancing, bad credit OK, avoid [...]

Debt Settlement WARNINGS: Will it Hurt my Credit Score? (The Whole Story How Debt Settlement Affects Your Credit!)

Debt Settlement Causes Credit Scores To Jump 74-130 Points? First an example of two clients, James and Anne of Laguna Hills, California, who cut their $55,000.00+  credit card debt down to just $29,817 (including fees) through debt settlement. Only 18 months after beginning their debt settlement program, they were debt free with over $2,100.00 a month [...]

Debt Settlement Advice – For People With High Credit Scores

Let’s start with your situation… The fact that you have high credit scores and have not fallen behind means you have something to lose (your perfect payment history) if you choose debt settlement. But, let’s first get clear about exactly how your credit will be affected, because along with the negative impact to your payment history, the [...]

Credit “Rating” vs. Credit “Worthiness”

What’s the difference between “credit rating” (credit score) and “credit worthiness?” How do these two different aspects of your credit affect you? How much money is your debt  costing you right now? Many people are overly concerned with their credit score.  Many don’t really know how credit works.  Even fewer really understand “credit worthiness.” To most it’s a [...]

Ilona Vanderwoude

Wow - this is great information. Jesse, you should be on Oprah! This is better than Suze Orman. Luckily, I'm ...

2 February 10 at 02:27

Credit Tips – Third Leg: “Debt-To-Credit-Limit” Ratio

Welcome to the third and final piece of the credit puzzle… You’re just about to completely understand “How Credit Works” and gain an exact understanding of where your credit is right now.  This will help you make your best choice to be debt free ASAP by understanding how each option to get out of debt will [...]

Credit Tips – Second Leg: “Debt-To-Income” Ratio

The second leg of my World-Famous “Three-Legged Stool” Analogy of “How Credit Works” is your “debt-to-income ratio”. “DTI” as they call in the mortgage industry. If you’ve ever gotten a mortgage or refinanced your home, then you know the mortgage folks are very interested in your debt-to-income ratio. Remember, debt-to-income ratio is the amount of money that [...]

Credit Tips – First Leg: Payment History

If credit is like a three-legged stool, then the first leg of your credit is your “payment history.” Payment history is simply a record of how well you’ve made your payments; if you’ve been on time or if you’ve ever been late. Payment history is the most common factor people think of in regards to [...]

Credit Tips – World Famous “Three-Legged Stool” Analogy

I’d like to give you my world famous “three-legged stool” analogy to help you forever understand credit easily. There’s a lot of information out there about credit. You can get into a lot of complexities, but this little analogy is going to make it very simple to see where you’re at now, and how each different [...]

How to Improve Credit

Credit Repair Credit repair is the process of using the Fair Credit Reporting Act to dispute negative items and get them removed from your credit report, resulting in an increase to your score.  I work with my clients to show them how they can do this on their own or hire a low-cost law firm to [...]