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Philadelphia PA Credit Score Improvement Service For Buying A New Home Launched

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A credit repair specialist in Philadelphia has launched a project to help local renters struggling with the high cost of rent improve their credit scores, so they can afford their own home.

A credit repair specialist in Philadelphia has launched a project to help local renters struggling with the high cost of rent improve their credit scores, so they can afford their own home.

A credit repair professional has launched a credit transformation service to help residents in Philadelphia improve their credit scores to ease the effects of gentrification in the city.

More information is available at https://teamcreditmechanic.com

Aaron Clarke and his credit repair firm, Philly Credit Mechanic, have been helping improve the credit scores of low-income renters impacted by the high cost of rent caused by gentrification, so they can become homeowners instead.

The project teaches participants how to improve their credit score, how to build positive tradelines, and the exact steps needed to remove all negative remarks in their credit reports.

It also provides a free audit of one’s credit report, where Mr. Aaron Clarke goes over the report to identify negative and inaccurate entries. After finding these negative items, he will dispute them with the relevant organization on the participant’s behalf to reach the credit score they deserve.

To participate, interested parties are asked to register via the website to see if they qualify for the project. Those who qualify may schedule a free credit transformation session, where they will be provided with a custom roadmap to help them achieve their credit goals.

The credit transformation project is ideal for people who want to buy or refinance a home, purchase a new vehicle, qualify for a better job, get approved for a credit card, or reduce the stress caused by bad credit in their personal life.

Mr. Clarke has been utilizing the project to help the local community deal with the effects of gentrification. According to a feature on him by 6abc Action News, Mr. Clarke works with his clients to improve their credit scores, so they can transition smoothly to homeownership.

Another 6abc Action News report called the gentrification in Philadelphia as “some of the most acute gentrification the city and country have seen”. This transformation has caused real estate values to rise, which in turn is pricing out low-income renters.

Mr. Aaron Clarke’s group has received numerous positive reviews on Google. “I loved Philly Credit Mechanic because they’re easy to work with. They help you understand how scores work and tell you exactly what you need to do to build your credit and fast and I see progress already just after a couple months,” wrote one reviewer.

More information about Mr. Clarke’s credit transformation project can be found at the URL above.

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Lashonda Nesmith Jackson, Bryan Braddock to speak at hip hop rally Saturday | Local News

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FLORENCE, S.C. — Two candidates running for Florence City Council will speak at an event scheduled for Saturday afternoon. 

Lashonda Nesmith Jackson, one of five candidates running for the Democratic nomination in the District 1 special election, and Bryan Braddock, one of four Republicans running in the District 3 special election, will speak at the Stop the Violence Hip Hop Rally.

The rally is scheduled for 1 to 3 p.m. Saturday at Northwest Community Park, located at 801 Clement St in Florence. It will also feature music, a clinic on expungements and pardons, a credit repair service and free food. 

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California Announces Plans for Reviewing Consumer Complaints

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California Announces Plans for Reviewing Consumer Complaints

California’s Consumer Financial Protection Law is in effect and the Department of Financial Protection and Innovation (DFPI) announced plans for reviewing consumer complaints in its monthly bulletin for January.

California Gov. Gavin Newsom approved the California Consumer Financial Protection Law (AB 1864), which creates a state consumer protection agency before the end of the state’s 2020 legislative session. The law also expands the state’s power to target unfair, deceptive and abusive acts and practices by financial service providers, ACA International previously reported.

Effective immediately, according to the DFPI bulletin, it will “review and investigate consumer complaints against previously unregulated financial products and services, including debt collectors, credit repair and consumer credit reporting agencies, debt relief companies, rent to own contractors, private school financing, and more.”

 Under the consumer financial protection law, the DFPI will also:

  • Significantly expand the state’s consumer protection capacity by adding dozens of investigators and attorneys to supervise financial institutions.
  • Create a team to monitor markets to proactively identify emerging risks to consumers.
  • Create a team dedicated to consumer education and outreach, listening and responding to consumers in specific communities, including veterans, immigrants and older Californians.
  • Create a new Office of Financial Technology and Innovation, which will cultivate financial technology to serve consumers.

This spring, the DFPI will launch a statewide campaign to educate California consumers on how the department can support and protect consumers, according to its bulletin.

Licensing Requirements in the Works

Under a law passed last year, California is now one of 35 states to require a license for debt collection. Agencies have one year to apply.

The Debt Collection Licensing Act (SB 908), from California State Sen. Bob Wieckowski, D-Fremont, was signed into law by Newsom in September 2020.

It was welcome news for the accounts receivable management (ARM) industry and ACA that the governor approved both these measures, allowing for a separate licensing process outside of the DFPI.

With the governor’s signature on the licensing bill, the commissioner of the Department of Business oversight shall take all actions necessary to prepare to be able to fully enforce the licensing and regulatory provisions of this division, including, but not limited to, adoption of all necessary regulations by Jan. 1, 2022.

The California Association of Collectors (CAC) advocated to ensure workable options for consumers and the ARM industry in the licensing bill. And the Collectors Insurance Agency (CIA) licensing team had a seat at the table to negotiate the best licensing legislation possible for the ARM industry.

While a license will not be required until 2022, the state has indicated the application and its checklist should be submitted as soon as they are live in 2021. The law permits the state to use the electronic Nationwide Multistate Licensing System (NMLS) for the licensing process. There will also be a bonding requirement as part of the licensing process.

License applications will be due by Dec. 31, 2021, and the DFPI expects to begin the licensing process in late summer or fall next year. Debt collectors that apply for a license before the deadline next year would be allowed to operate pending the approval or denial of the application.

Under the law, the DFPI will also appoint a seven-member Debt Collection Advisory committee.

Even though the application is not available yet, ACA members and ARM industry professionals can contact the CIA licensing team to be added to the Licensing Service List. When the application and list of requirements is available, the team will provide more information on the service.

For more information on how the ACA licensing staff can assist with your licensing application completion needs in California as well as other states, please email licensing@acainternational.org or call (952) 926-6547.

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Industry Disruptor Curtis Ray Launches Retirement Planning and Saving Service, MPI™ UNLIMITED

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GILBERT, Ariz., Jan. 14, 2021 /PRNewswire/ — Curtis Ray, retirement planning expert and creator of the patent-pending Maximum Premium Indexing (MPI™) Plan, announced today his newest company, MPI™ UNLIMITED. The company’s proprietary technology utilizes the security guarantee of permanent life insurance, the growth potential of the stock market and the power of compound interest to provide enhanced retirement income, tax-free.

“I am thrilled to announce the official launch of MPI™ UNLIMITED,” said Ray. “After years of research in the financial planning space, I realized that traditional strategies, like the 401(k) and IRA, are not providing enough income throughout retirement years. I’m looking forward to teaching hardworking people, from all walks of life, how to utilize secure compound interest to maximize their savings and achieve their dream retirement. Always Be Compounding!”

The MPI™ plan is an advanced cash-value life insurance plan specifically designed as a max-funded, increasing death benefit contract. The plan provides holistic benefits to clients which include mitigation against market risk, enhanced compound interest returns, increased retirement income, tax-free distribution and more.

Ray’s passion for retirement planning goes beyond MPI™ UNLIMITED; a best-selling author, Ray tackled the challenges of consistent underperformance in the current retirement planning industry in his 2018 book Everyone Ends Up Poor. In his most recent book, The Lost Science of Compound Interest, Ray deconstructs the phenomenon of compound interest, teaching readers to harness its power through small and simple actions.

“Learning about MPI™ and compound interest has been one of the most valuable things I’ve learned in my life. I have a master’s degree in engineering, yet I have never seen anything like this before,” said Angie Merget, Financial Engineer and MPI™ UNLIMITED client. “Taking the time to understand MPI™ is without a doubt the best thing you can do for yourself and your family.”

The purpose of MPI™ UNLIMITED is to provide services focused on the phenomenon of compounding. Within the next five years, Ray plans to expand their offerings into mortgage, credit repair, personal tax filing and other financial services to give every American the best path to financial freedom.

To learn more about MPI™ UNLIMITED and its retirement planning options, visit www.mympi.com.

About MPI™ UNLIMITED
Founded in 2020 by Curtis Ray, MPI™ UNLIMITED works to provide simplified financial education that addresses complex money topics, so that the public can understand and implement the full potential of Secure Compound Interest in their life. Ray, best-selling author and MPI™ UNLIMITED’s CEO, invented and developed the patent pending MPI™ (Maximum Premium Indexing) Secure Compound Interest Account, in order to help people maximize their retirement savings.

Media Contact:
Heather Tidwell
949-777-1333
[email protected]

SOURCE MPI UNLIMITED

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http://www.mympi.com

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