Herschel Bentley Executive Director of National Credit Federation was just seen on TV!!!
Fox, CBS, NBC and ABC affiliates just aired an interview by Michael Gerber, the author of the E-Myth. The segment was shot at film studios in Orlando and I had a great time. Michael Gerber is not only an internationally acclaimed author but also has a huge corporation. He seeks out companies that are totally unique and are on the cutting edge within their industries to profile.
Check it out…
More than the publicity, it excites me that hundreds of our members over the last year have achieved home-ownership that never would have without our help. To all our consultants, and staff but more so to our members…thanks for your confidence! If you’d like to get your credit reviewed with no obligation CLICK HERE
Great credit and home ownership…Definitely two of the things in life that are Priceless!
America’s largest home builder DR Horton has choosen National Credit Federation as it’s go to credit repair company!
I have been in Houston, TX the last few days with one of our Regional Directors Dan Fries, who laid the ground work for this relationship, along with several other NCF consultants.
You see DR Horton having partnered with Bank of America as it’s go to mortgage lender knew that many people could not buy their dream home or for that matter their first home due to their credit scores. As Alfredo Rodriquez, the Director of “My New Home” a pilot program of DR Horton designed to put more people into a home of their own, explained to me… they needed the best credit repair company they could find and their search ended with an agreement to have National Credit Federation as it’s sole source for those with credit challenges. His biggest reason was…
Herschel Bentley, the Executive Director of National Credit Federation, the attorney assisted credit repair services company has been profiled in USA Today, CNBC, CBS Money Watch, Yahoo Finance and several other major news outlets including the Miami Herald, Boston Globe and San Francisco Chronicle in the last few days. A total of 22 newspapers have picked up the story so far.
This was originated as a feature article in USA Today covering how National Credit Federation has been helping people recover from their financial hardships which can cause bad credit by using credit repair tactics available as provided under the Fair Credit Reporting Act.
We are very proud of the results and the benefits that our members experience when becoming a member. Over the last few years our average member sees an increase in their credit score of 127 points. You can read the full feature article just CLICK HERE and catch the write up in CBS Money Watch HERE
We welcome anyone that would like a credit consultation at no charge to CLICK HERE.
The last couple of days has been very interesting. I have been contacted by the guys at TU, and by guys I mean the President and the COO, who seemed to be interested about working with us in a more constructive fashion. They wanted to discuss how we could work together to streamline the process and cut costs for both of us.
The following is an article recently posted in Ezine Articles I thought you might enjoy…
In this world where money makes the world go round, it is of the essence that you maintain good credit. It is understandable, of course that you incur expensive spending here and there. Life, after all, is short and you are entitled to enjoy the things you like while you still can. But this doesn’t mean that you shun all cautiousness when it comes to handling money. In fact, in order to get the best deals in life’s most important offerings, you need to pay full attention to your finances.
If you know that your credit is on the downside at this very moment, then you should
It’s true, new car loan defaults are decreasing! It’s also true it doesn’t take much of a rocket scientist to understand that by tightening down the lending criteria for consumers looking for new auto loans this would be an expected result.
There are some interesting facts. Taking a look at the 720 credit score plus category FICO reports that in the May to June 2009 period 1 out of every 411 borrowers went 60 days or more past due on their new car loan payment. During the same time period in 2008, 1 out of 288 fell past due in the second year which is a 43% reduction.
If you look at the same time periods but in the credit score range or 300 to 599 you’ll find almost an 11% 60 day delinquency rate for new car loans during the period ending April 2009 and a huge reduction down to 8% for the same period ending 2010.
According to the Federal Reserve the lending to small business those companies with under 50 million in annual sales is getting easier for the first time since the latter part of 2006. The big banks and financial institutions are loosening the purse strings but smaller banks are still locked down and it can be very difficult to obtain small commercial financing.
The divide between lenders and borrowers is a huge blockade to help the economy recover mostly because of the new definitions of what is considered “creditworthy”. A good creditworthy small business just a few years ago can now be considered high risk and no longer a candidate for financing that would insure or help the growth of that company.
Life can be down right miserable when you are traveling through a financial storm! Many people have done all the right things like paying their bills on time, living within their means, putting aside money for a rainy day and yet they still experience life.
I don’t know if a statistic exists for this next statement but I’d venture to say a high percentage of people at one point or another are thrown a curve ball in the game of life. At least when it comes to their financial well being. This set back occurs even though they did not plan on it, cause it, nor want it to happen. Many of the stories of this hardship that I’ve heard simply come in different shapes and sizes but ultimately loss of job, a medical hardship, business failure, or divorce rank in the top few as the reasons people enter that financial storm.
Credit repair is absolutely boring, tedious, monotonous, tiresome, troublesome as well as down right infuriating! Oh, and did I mention you’d better be “Johnny on the spot” when it comes to follow up and knowing what the rules of engagement are when it comes to the credit bureaus!
Are you having fun yet?
I get a kick out of the folks that say you can do this yourself. The truth is you can but the better question might be “should you try and perform credit repair yourself?”.
Really, the better question should be “How MUCH does bad credit cost you? In a word…TONS!
Your FICO scores are determined by a number of things but most importantly how timely your credit is paid and the overall amount of credit used as compared to your credit lines available. Of course other factors come into play but these two play the most significant in determining your credit score.
Your credit score for many lenders is the biggest factor if your loan will be approved at all and at what interest rate. To give you an example I was speaking to one of our members and he was telling me he had a credit score of 552 and over the last few months had increased his scores to 632. At first you might say not to shabby, an 80 point increase. I agree, an 80 point credit score increase is nothing to sneeze at and certainly looks like some solid credit repair has been under way!
