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Umesh Agarwal and his Company Credit 101 LLC Sets an example by being Credit Repair Company That Delivers & Educate Masses

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FORT LAUDERDALE, FL / ACCESSWIRE / July 6, 2020 / In today’s age, every step in life requires everyone to have good credit.

Do you want to rent an apartment or buy a new house?

You have to prove you have good credit.

Do you want to lease or buy your Dream Car?

Show you have good credit.

Do you want a loan to start a new business?

You guessed it right; you need good credit.

The journey to getting a good credit score might be bumpy and little longer. However, putting your trust in Umesh Agarwal and his company Credit 101 will give you the hope of a life changed for the better.

Credit 101 LLC is a labor of hard work and consistent results delivered by the founders : Umesh Agarwal and his business partners Kyle Klosowski & Shawn Sharma. Credit 101’s mission is to not only deliver results for customers but also educate them about the Credit System.

This is what Umesh Agarwal who also has Masters in Engineering has to say, ” It is quite ironic that the Education system teaches us to learn skills which we hardly use at job or daily life but the system never teaches us about Credit System & Credit Score. This is what motivated me and my partners to start the Company which is not only focussed on fixing but also educating our clients about the Credit system. We are really proud of where we have come so far since we founded Credit 101 LLC and very excited about how many lives we will be touching to help them live better using our System.”

According to Umesh Agarwal, here are 5 quick tips to build your credit history :

  1. BECOME AN AUTHORIZED USER: A family member or significant other may be willing to add you as an authorized user on his or her card. Doing so adds that card’s payment history to your credit files, so you’ll want a primary user who has a long history of paying on time. In addition, being added as an authorized user can reduce the amount of time it takes to generate a FICO score.
  2. GET A SECURED CREDIT CARD OR SECURED LOAN: If you’re building your credit score from scratch, you’ll likely need to start with a secured credit card or loan (ideally both) . A secured card or loan is backed by a cash deposit you make upfront; the deposit amount is usually the same as your credit limit.
  3. MONITOR YOUR CREDIT SCORES AND REPORTS: Your credit scores predict how you’ll handle credit in the future, using the information in your credit reports. You’ll want to monitor both to watch for errors and to see your credit-building efforts pay off.
  4. PRACTICE GOOD CREDIT HABITS: Make 100% of your payments on time, not only with credit accounts but also with other accounts, such as utility bills. Bills that go unpaid may be sold to a collection agency, which will seriously hurt your credit. Use automatic payment options which allows banks / lenders to automatically pull payment from your bank account and avoids accruing late payments and late fees.
  5. KEEP YOUR CREDIT CARDS OPEN WITH LOW UTILIZATION – Utilization is the percentage of your credit limit you use. We recommend keeping your credit utilization below 30% on all cards. Unless you have a compelling reason to close an account, consider keeping it open. Closing an account can hurt your credit utilization and reduce your average account age.

Educating their clients on the credit system is what sets them apart from their competitors. You can trust them to take care of your credit needs because it’s evident that they care. So whatever it is you need, contact them now to start your credit journey!

To get to know more about Umesh Agarwal (Follow him on Instagram : @real.umesh) You can also visit Credit 101 LLC website : https://www.thecredit101.com/ OR send them email at support@thecredit101.com

Credit 101 LLC
support@thecredit101.com
website: https://www.thecredit101.com

SOURCE: Credit 101 LLC

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How DIY Debt Relief is Simplifying The Road to Financial Freedom

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Los Angeles, California, Dec. 02, 2020 (GLOBE NEWSWIRE) — “Debt” is an anxiety-inducing topic for most Americans. According to financial experts, about 80% of Americans have some form of consumer debt and are $38,000 in debt, excluding mortgage debt. Unfortunately, financial literacy isn’t a topic that’s extensively covered in schools. As a result, many Americans lack valuable knowledge on personal finance topics — including how credit cards and loans actually work, or how to get out of debt quickly should they experience financial hardship. When times are tough, the concept of “free” money is very appealing and overrides reservations about amassing large amounts of consumer debt.

While consumers have numerous debt-relief options — ranging from consumer credit counselling to debt settlement to bankruptcy — the actual road to recovery is fraught with numerous hazards that include repayment terms with unaffordable monthly payments, repayment terms that take too long, exorbitant fees, and false promises.

With over a decade of experience in the credit and finance industries, these are problems the founders of DIY Debt Relief understand all too well. Debt relief — specifically settling delinquent accounts with creditors and collectors — cost consumers more time and money than most can afford. Compounding the problem are unscrupulous service providers that make promises they can’t keep — charging too much for the service they provide and taking too long to provide said relief. It was with these issues in mind that DIY Debt Relief was created. 

DIY Debt Relief is a web-based company that provides educational videos and supporting materials to offer a “do it yourself” alternative for distressed consumers. By eliminating the need for a third-party service provider, consumers can avoid the prohibitive fees they charge — which in turn reduces the amount of time needed to settle accounts, pay off the agreed upon balances, and become debt-free. Additionally, even creditors and collectors who often refuse to work with third-party service providers are all too eager to work with consumers directly.

 The content, tools and resources DIY Debt Relief provide are designed to help consumers assess, evaluate, and improve their financial situation. The information is based on United States federal laws and regulations which govern the actions of creditors and debt collectors, which means they can be accessed and utilized in all 50 states. With these assets in hand, consumers can create a plan of action to get their delinquent, unsecured debt paid off as quickly and as affordably as possible. And with the belief that credit repair is the next logical step after the debt settlement and repayment process is completed, DIY Debt Relief provides additional resources and information teaching consumers how to quickly and correctly rebuild their credit profiles and FICO scores. 

The DIY Debt Relief process is easy to follow, gives the consumer control, is less expensive to implement, takes less time to complete, and can provide better results. Rather than relying on a third-party to entrust your financial future to, consumers now have the option of taking the initiative and doing the necessary work to get themselves to the debt-free future they deserve. With the goal of taking DIY Debt Relief internationally, the eventual next step is to make the videos in other languages. For right now, DIY Debt Relief’s videos educate on debt relief only in the United States — but its possibilities are endless, its effect promising, and its only trajectory from here is up.  

DIY Debt Relief IG: @diydebtrelief   www.diydebtrelief.com

Media Contact: support@diydebtrelief.com

This news has been published for the above source. DIY Debt Relief [ID=15547]

Disclaimer: The pr is provided “as is”, without warranty of any kind, express or implied: The content publisher provides the information without warranty of any kind. We also do not accept any responsibility or liability for the legal facts, content accuracy, photos, videos. if you have any complaints or copyright issues related to this article, kindly contact the provider above.  

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How DIY Debt Relief is Simplifying The Road to Financial Freedom | 2020-12-02 | Press Releases

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Los Angeles, California, Dec. 02, 2020 (GLOBE NEWSWIRE) — “Debt” is an anxiety-inducing topic for most Americans. According to financial experts, about 80% of Americans have some form of consumer debt and are $38,000 in debt, excluding mortgage debt. Unfortunately, financial literacy isn’t a topic that’s extensively covered in schools. As a result, many Americans lack valuable knowledge on personal finance topics — including how credit cards and loans actually work, or how to get out of debt quickly should they experience financial hardship. When times are tough, the concept of “free” money is very appealing and overrides reservations about amassing large amounts of consumer debt.

While consumers have numerous debt-relief options — ranging from consumer credit counselling to debt settlement to bankruptcy — the actual road to recovery is fraught with numerous hazards that include repayment terms with unaffordable monthly payments, repayment terms that take too long, exorbitant fees, and false promises.

With over a decade of experience in the credit and finance industries, these are problems the founders of DIY Debt Relief understand all too well. Debt relief — specifically settling delinquent accounts with creditors and collectors — cost consumers more time and money than most can afford. Compounding the problem are unscrupulous service providers that make promises they can’t keep — charging too much for the service they provide and taking too long to provide said relief. It was with these issues in mind that DIY Debt Relief was created.

DIY Debt Relief is a web-based company that provides educational videos and supporting materials to offer a “do it yourself” alternative for distressed consumers. By eliminating the need for a third-party service provider, consumers can avoid the prohibitive fees they charge — which in turn reduces the amount of time needed to settle accounts, pay off the agreed upon balances, and become debt-free. Additionally, even creditors and collectors who often refuse to work with third-party service providers are all too eager to work with consumers directly.

The content, tools and resources DIY Debt Relief provide are designed to help consumers assess, evaluate, and improve their financial situation. The information is based on United States federal laws and regulations which govern the actions of creditors and debt collectors, which means they can be accessed and utilized in all 50 states. With these assets in hand, consumers can create a plan of action to get their delinquent, unsecured debt paid off as quickly and as affordably as possible. And with the belief that credit repair is the next logical step after the debt settlement and repayment process is completed, DIY Debt Relief provides additional resources and information teaching consumers how to quickly and correctly rebuild their credit profiles and FICO scores.

The DIY Debt Relief process is easy to follow, gives the consumer control, is less expensive to implement, takes less time to complete, and can provide better results. Rather than relying on a third-party to entrust your financial future to, consumers now have the option of taking the initiative and doing the necessary work to get themselves to the debt-free future they deserve. With the goal of taking DIY Debt Relief internationally, the eventual next step is to make the videos in other languages. For right now, DIY Debt Relief’s videos educate on debt relief only in the United States — but its possibilities are endless, its effect promising, and its only trajectory from here is up.

DIY Debt Relief IG: @diydebtrelief www.diydebtrelief.com

Media Contact: support@diydebtrelief.com

This news has been published for the above source. DIY Debt Relief [ID=15547]

Disclaimer: The pr is provided “as is”, without warranty of any kind, express or implied: The content publisher provides the information without warranty of any kind. We also do not accept any responsibility or liability for the legal facts, content accuracy, photos, videos. if you have any complaints or copyright issues related to this article, kindly contact the provider above.


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Wannabe Wired: Don’t get scammed by fraudulent phone calls | Columnists

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A few weeks ago, I told you about how you can filter out spam phone calls. This week, I’m going to teach you a few of the warning signs to look out for if you are one of the unfortunate souls who has to answer every phone call that comes through.

It’s hard to believe that phone calls still play a major role in fraud scams. But despite the fact that most people won’t even answer their phone if they don’t recognize the number, the Federal Trade Commission (FTC) reported last year that of the more than one million fraud complaints they received, 74 percent were phone scams.

The sad truth is that people lose a lot of money to phone scams. And even though we like to think they won’t happen to us, we can never be too cautious. Over the years these scams have become more sophisticated by mimicking numbers that look trustworthy, have local area codes or even familiar names attached to them. There have even been reported instances of people receiving fraud calls from their own phone number.

The good news is, the people on the other end of those calls are using scams that aren’t nearly as sophisticated as their number spoofing software. Most scams use formulaic narratives that are easy to recognize once you know what to be on the lookout for. Below are some of the most common scams and how to recognize them according to the FTC.

The Unentered Lottery

This is one of the most common scams out there. A caller tells you that you’ve been selected for a prize or some kind of lottery you don’t remember entering. But the catch is, you have to send them some kind of cash retainer so you can claim it. That or they start asking you for personal information like date of birth and Social Security number. Don’t fall for it.

The Threat

Some scammers resort to fear to try and extort people. They will give you a call and pretend to be with some kind of authority, threatening to have you arrested if you don’t fork over payment for some amount they claim you owe. Legitimate representatives from law enforcement or federal agencies will not call and threaten you like this.

The Imposter

A scammer calls you up, complete with fake number and caller identification, claiming to be someone you know, maybe a boss, maybe a distant relative, maybe even someone from a government agency. They are always in trouble and always need you to help by sending along gift cards or prepaid visa cards. Quick tip: if someone calls needing you to send them money in a method that is untraceable and nonrefundable like a gift card, don’t.

The Charity Case

Since it’s that time of year again, be on the lookout for fake charity solicitation. Scammers love posing as charities. If you are planning to give to a charity this year, make sure to do your research beforehand and call the charity directly, or better yet go online and give.

There are plenty of others of course, far too many to list in detail here. But here are a few more should also watch out for: extended car warranty scams, loan scams, debt relief or credit repair scams, one ring scams in which your phone rings once and then you call the number back to find out it is a scam, among many others.

And if all else fails just follow my golden rule, if you don’t recognize the number, don’t answer the phone. If it’s important, they’ll leave a message.

For a complete list of potential scams check out the FTC’s website at consumer.ftc.gov.

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