Knowledge is powerful                                                                                 Count The Cost Ministries Inc.

      Hosea 4:6 My people are destroyed for the lack of knowledge   

                EVERYONE BUYS ON TIME BUT FEW PAY ON TIME!

People don’t start their life with bad credit, sometimes things happen beyond our control like for ex: losing a job, an accident, emergencies, bills piling up, etc. Having knowledge or seeking the right source of information for our given situation sure would ease the burden.  Borrowers are slaves to the lender. After you pay your debt, then you’re free. Arm your self with information. Get the knowledge you need to live and survive in today's world. People pay big money for information. Don't be a victim any longer. Live the abundant life . Okay let’s get started.

Why get a credit report?

 

The advantage of having your credit report is some information being reported on you could be wrong. If you dispute a creditor and the agency doesn't respond to you within 30 days after you have submitted a letter of dispute, they have to delete the item (or items) in question from your file. Which reminds me, always dispute your oldest account first.

1.     You can get a free copy of your credit report if you have been turned down for credit. It hast to be within the past 60 days.

2.     Write to one of the big three national bureaus or all three. (Provided that your state authorizes free reports. If not there is a small fee. You have to supply your name, address, social security number and a piece of mail with your current address).

3. Go to www.annualcreditreport.com to get your free credit report online (If you have computer access)

 

 

 

 WRITE TO:

EQUIFAX 

PO Box 105873 Atlanta, GA 30348 (800) 685-1111    (or log on)   www.equifax.com 

TRANSUNION

PO Box 390 Springfield, PA 19064 (800) 888-4213    (or log on)    www.transunion.com

EXPERIAN

PO Box 2104 Allen, TX 75013       (800) 682-7654    (or log on)    www.experian.com

 

                              We The People have our Rights Too!

Step One: Know your legal rights. This is what you do if your credit report contains false, misleading or incomplete information? The Fair Credit Reporting Act (FCRA), 15 USC sections 1681a through 1681t, protects you against credit abuse error only, not neglect. Knowing the following  basic rights is vital if you are to have success to fully erase the negative marks on your credit report and regain your good credit status:

The Law Says:

  1. You can challenge the accuracy of your credit report any time you want.
  2. The bureau must investigate anything  that you challenge.
  3. They have 30 days. The period begins when the bureau receives the notice from the  consumer. The exception to the 30-day rule is: when the consumer sends additional materials within the 30-day time period. The credit bureau can extend the deadline  an extra 15 days.
  4. If they  find any error, it must be promptly deleted from its files and yours.
  5. If the credit bureau does not confirm the challenged information in a reasonable time frame, it  must delete that information also from your files.
  6. If the creditor verifies the information is indeed correct and the bureau responds in the allotted time, the negative marks will remain on your credit report. If you insist that the information  is in error, you have the right to submit a Consumer Statement to 100 words and put it in your credit file with your own explanation of the problem.

 

Quiz                        Count The Cost Ministries Inc.

*SURPRISE QUIZ CAN YOU PASS? *

Name
Address
Email

1.    A  is a numerical grading scale.

2.    Your ideal score should be in what I call the  club.

3.    A payment history of how many times you were late is a

4.    A credit rating score for an account paid as agreed is

5.    You can challenge the accuracy of your bank score anytime you want. true or false?

6.       protects you against credit abuse or error.

7.     Jesus said, which of you intending to build a tower, sitteth not down  and counteth the cost?  

8.    What is the first expense listed on the Count The Cost Budget Plan sheet?

 

 

 

 

 

9.     Jesus said to agree with thine adversary quickly, lest you be cast in

10.   Debt collectors  can call you only between the time of 7:00 AM to 9:00 PM, true or false?

11.   Eccl 5:5 says, Better is it that thou shouldest vow and not pay.  true or false?

12.   Deal with the original creditor and send the collection agency a letter.

13.  You really don’t have to pay a collection agency. True or False?

14.  This type of credit is always turned down :

15. Legally it’s okay to replace your Social Security Number with a EIN, or Employer Identification Number from the IRS, True or False?