ERA Credit Services

Category: Financial Education

Boost Your Credit Score

Boost Your Credit Score

Boost Your Credit Score
by Adding Positive Accounts

Most people don’t realize that there are many ways to boost your credit score.
Removing negative accounts from your credit report will increase your credit score.
And, we can help you with the best credit repair service in the country.

But you also want to ADD AS MANY POSITIVE ACCOUNTS to your 3 credit reports as possible.
The more creditors you have reporting a “paid as agreed” status
to Experian, Equifax, and Transunion each month, the more your credit score will rise.

Choose From a Wide Variety of Ways to
Add Positive Accounts to Your Credit Reports

Credit Builder Loans 

These companies offer a way for you to take out a small loan and pay it back. The money accrues in a savings account that you get back at the end of the term. The company keeps a small fee at the end of that term. This is a very affordable way to start building your credit score.

Self Credit Builder

Self Credit Builder

Build credit history & save money. No credit? Need to build credit?
1- Apply for a Credit Builder account. 2- Pay off your Credit Builder account in the specified time period (12 to 24 months). Your money is deposited into a CD. 3- Each monthly payment builds credit history and adds to your savings 4- Once you’ve paid off your Credit Builder Account, your CD unlocks and the money is yours.

Credit Strong

Credit Strong

Build Credit Even If You Don’t Have a Credit Card. Reports to all 3 credit bureaus.
1- Open an Account

2- Make On-Time Payments

3- Track Your Progress

4- Unlock Your Savings

Get Credit for Your Monthly Rent Payments

Right now your rent payment on your home, condo or apartment doesn’t give you credit on your credit reports. Change that!

Credit My Rent

Credit My Rent

Build credit with payments you already make. Right now your rent payment on your home, condo or apartment doesn’t give you credit on your credit reports. Change that! Get up to 2 years of past rent payments, and all payments in the future, placed onto your Transunion credit report.

Credit Cards are an Important Tool for Building Credit

Choose either a Secured or Unsecured credit card for people with lower credit scores. Or, if you have an excellent credit score, choose from some of the best rewards cards available.

First Progress Secured Credit Card

First Progress Secured Credit Card

If you’ve been turned down for a credit card due to credit score, open a secured credit card account. You put a small amount (minimum $200) on account with Synovus Bank and get a credit card with the same limit. Use your new credit card for items that you need every month like gas and groceries. Then pay the balance off each month. Your on-time payments get reported to each of the 3 major credit bureaus.

Authorized User Tradelines to Raise Your Credit Score

By getting placed as an “Authorized User” on a credit card account with a long history of low utilization and on-time payments, it can increase your credit score significantly. If you need to boost your score fast to qualify for a purchase, consider an authorized user tradeline.

authorized user tradelines

Credit Pro Tradelines

Credit Pro has been boosting credit scores with authorized user tradelines
longer than any other company around! Credit Pro will boost your FICO® score by adding tradelines with a perfect payment history to your credit.
Receive a 10% discount off Credit Pro’s already low prices

Will and Living Trust Tampa Bay $499.00

If you are considering a will and living trust in Tampa, St. Petersburg, Clearwater area this is good news.

Will and Living Trust

There are typically two age groups that think about setting up a will and living trust along with a medical and financial power of attorney. Those that have children under the age of 18, and those people over 60. But the fact is that everyone should have a will and living trust if they care about their family.

The confusion caused by someone that passes not having their financial affairs in order can be devastating. Life insurance policies and funds from all sources can go unclaimed. Relationships between siblings can be ruined and more.

Typically the cost of a fairly simple will and living trust along with a medical and financial power of attorney is prohibitive for most people.

A living trust alone can range from $1,000 to $2,000 depending on the attorney. However, unless there are complications from business partnerships or assets in excess of $1 million, a will and living trust and POAs aren’t that expensive, can be done from the comfort of your home, and completed rather quickly.

We offer an opportunity for a individual to set up a will, living trust, and a medical and financial power of attorney from the comfort of their home. We provide assistance to walk someone through the process. If the individual is unable to do this themselves we can assist a family member in preparing the documents.

Taking care of setting up a will and living trust is vital for protecting children under the age of 18, and taking care of loved ones. Don’t delay. Having these documents in place brings peace of mind.

will and tust

Choose the Best
Network Marketing Company

If you just searched on the internet for ways to determine how to choose the best network marketing company you saw that there are dozens of articles and blog posts on the subject. I have done so as well and want to share with you a company that passes every test that I have come across.

Best Network Marketing Company

Please note that we represent Financial Education Services (FES) and have since 2012.

My wife is now also full time and we are partners in building our business. FES has helped us replace two full time incomes. I would like to be clear and obvious to the reader that we are looking for solid, hard working, individuals that are, in turn, looking for a network marketing opportunity. However, don’t let that take away from the fact that this company is well worth researching as a part time or full time career.

So what are the attributes of the best network marketing company according to every article about the topic?

Let’s take a look at what they say and then describe the attributes of the FES.

Longevity– look for a company that’s been in business at least 5 years so you know that it has survived the period in which 95% of all companies fail.

FES- has been in business since 2004. Started network marketing business model in 2010.

Capitalization or Debt Owed– Find a company that is not leveraged to the hilt. They may have a great product and compensation plan but if the company doesn’t survive it won’t matter.

FES- is a debt free company and is growing consistently with a 30% to 100% annual sales revenue increase. It should be noted that FES carries an A+ BBB rating.

Ownership– Articles do differ on this topic. Some state that you should look for companies that still have the original ownership. Others say that the company should be publicly traded so that you can view financials. You’ll have to go with what you’re most comfortable with.

FES- is privately owned by the two gentlemen that started the company in 2004. They bring over 30 years of experience from the financial services industry. They have also teamed up with two people that bring over 50 years of experience of training and building sales teams in the network marketing industry. Their goal is to have the best network marketing company possible.

Product or Service– There should be a strong need for the product or service. The product or service should be unique and not easily purchased elsewhere. The product or service should be manufactured or delivered by the company and not outsourced.

FES- the core product is credit restoration. If you have stellar credit simply ask friends or any real estate agent or mortgage broker about the number of people with challenged credit. And, you can’t get credit restoration from a reputable company at a retail store. In addition, FES has a dozen other services such as online credit monitoring, identity theft protection, and a will and living trust. Lastly, the credit restoration service is provided by United Credit Education Services which is operated by the ownership of FES. United Credit Education Services also has an A+ BBB rating.

Inventory– Do you have to buy inventory when you start and/or continue to buy inventory?

FES- there is no inventory to purchase. However, FES does offer a Protection Plan to its Agents that contains all the services it offers for just $87/month. It’s a benefits package that also includes up to $100,000 in life insurance. An added feature is that, as an Agent, once you have 5 Protection Plan Customers or Agents on your team that are on the Protection Plan, your benefits package is free.

Customer Purchases– Will customers buy what you’re selling without becoming part of the business opportunity?

FES- the credit restoration service is sold to thousands of customers each year that are not Agents of FES nor ever become an Agent. In fact, a significant amount of the sales comes from referrals from professionals in credit related industries such as real estate, mortgage, banking and automobile.

Immediate Income– can someone earn income quickly or do they have to build a large team first?

FES- the commission alone on the credit restoration service is up to $100.00 giving a new Agent the opportunity to earn $400 per month on one sale a week, or $2,000 a month on 5 sales a week. This has nothing to do with building a team or recruiting. This does not include the residual income from each monthly payment your client makes.

Compensation Plan– Is the compensation plan designed to encourage building deep (helping your team) versus building wide (only helping yourself)?

FES- the compensation plan is designed to build deep. In fact, you only need 5 people front level to reach the top position in the company. And, part of the qualification for each new title and increase in pay is that you help others on your team.

Marketing and Technology– Does the company provide a customizable website, customizable marketing materials, and other marketing collateral both online and offline?

FES- Provided to each Agent is all of the above and very comparable to the top companies in the industry. Also, there are marketing videos, a CRM, and landing pages for each Agent.

Training– does the company provide online and offline training opportunities?

FES- There is a full curriculum of training consisting of an online video library, a series of weekly conference calls and webinars conducted by the top people in the company, and a series of live seminars that are conducted in cities around the country. This gives Agents the opportunity to learn from the top producers in the company on a regular basis so: 1) they do not have to rely on their sponsor’s level of knowledge or experience 2) they can develop a nationwide team and plug those people into the training system regardless of their own level of knowledge and experience.

I realize you may want further details on any and all of the above topics. As well, there may be other criteria that you may want to look into. This was written with the sole purpose of getting you to consider FES and contact me for more details.

FES may not be the best fit for you. You have to be or become passionate about what we do to help people with matters of personal finance. As well, you have to commit to your success in the business, be willing to get trained and execute what you learn. Success with any opportunity requires hard work and dedication.

Why contact us?

That’s a great question as well. In more than one article written about how to find the best network marketing company it suggests you enroll under someone that has proven and documented success with the company.

My wife and I (Dale & Shirley Guiducci) are full time with FES. We have reached the position of Vice President. As I stated above, FES has replaced both our previous incomes.

In 2013, our 1st full year, we were #2 in Sales and #2 in recruiting. We received the “Most Improved” award and were in the top 5 producers during a 5 month long annual Cruise Contest.

In 2014, we were #1 in Sales and #2 in recruiting. We received the “Outstanding Achievement” award and were #1 in the annual Cruise Contest. We were also inducted into the FES Six Figure Club.

In 2015, we were #2 in sales and #3 in recruiting. We received the “Leadership” award and were #3 in the annual cruise contest.

In 2016, we were #4 in sales, recruiting and was the #4 Most Valuable Agent in the company. We were again, #3 in the annual cruise contest. Also that year we reached the 1st level in the companies R&R Club and were awarded an Audi A5.

Feel free to visit the site we built for our team of independent Agents, EntrepreneurSkill.

Dale & Shirley host national training conference calls and webinars. And, have conducted live company overviews and trainings around the country from San Diego to the Tampa Bay area. Dale is also a trainer with Entrepreneurs International. A company founded by entrepreneurs, for entrepreneurs. EI teaches people the skill set and mind set necessary to be a successful entrepreneur.

We look forward to first providing you with further details so you can make an independent judgement and determine if FES is the best network marketing company. Then we would like to get to know you and have you learn about working with us. If all that feels and looks right then you can truly make an informed decision about your next career move.

Watch This Video First

Now Book an Appointment to Talk With Me

 

Proposed Overhaul of Credit Reporting Agencies

At the very least someone is paying attention to the practices of credit reporting agencies. Maxine Waters, a member of the U.S. House of Representatives from the 43rd Congressional District (South LA County, CA), has proposed sweeping changes to the way the big 3 credit reporting agencies (Experian, Equifax, Transunion) handle consumer information provided by creditors.

credit reporting agencies

Proposed Changes under the Fair Credit Reporting Improvement Act of 2014

The Fair Credit Reporting Improvement Act of 2014 proposes the following changes which would increase millions of consumer credit scores immediately:

  1. Currently creditors have the legal right to report a derogatory credit item on consumer credit report for 7 years, or 10 years in the case of a bankruptcy. The new bill, if passed, would reduce these time frames to 4 and 7 years respectively.
  2. Paid or settled delinquent debt remains on a credit report as a derogatory account. The bill would eliminate this although it is unclear as to whether the item would be deleted, upgraded to a ‘Paid as Agreed’ status, or other.
  3. When a consumer’s account has late payments their credit report reflects those late payments for the previously mentioned 7 year period. The bill would allow for a consumer to make a certain amount of on-time payments (perhaps 9 consecutive months) and have the previous late payments dropped from the report.
  4. Currently when a consumer disputes an item on their credit report that dispute is reflected on the report preventing them from closing a home loan in some cases. The bill would eliminate reporting of disputes unless the dispute by the consumer is deemed frivolous. Of course, what is deemed frivolous is controlled by the credit bureaus so this may or may not have much positive impact.
  5. The bill would eliminate the credit bureaus from offering a ‘free trial’ program to obtain their credit score and then switching consumers to a ‘paid program’.
  6. Currently consumers have the right to one free credit report per year from each of the 3 credit bureaus but they still have to pay for their scores. The bill would force the bureaus to also provide free credit scores once per year.
  7. Approximately half of all employers run credit checks on applicants. This bill would drastically reduce the number of employers able to do so by categorizing those than can. How this will be done is still unclear.

But Are Positive Changes to the Credit Reporting Agencies Really Coming?

This may be a welcomed bit of news for those in the know of current reporting practices but it isn’t cause to get excited just yet. Business Week stated that the bill is “unlikely to pass”. Business Insider goes further and states that, “the newest credit reporting act doesn’t have a chance”.