Being in debt can range anywhere from being an uncomfortable to terrifying situation.
Statistics indicate that most people are 2-3 paychecks away from being in poverty.
Recent studies indicate that 1 in 3 households are at minimum 2 years in debt.
There are those who used to think, it would never happen to them. A situation arises where you find yourself in debt and you are unable to pay all of your bills when they come due. It becomes more stressful when debts become delinquent. You are hassled by numerous phone calls, and multiple mailings to pay up. Most people are fearful of the effect that delinquency can have on their credit report. Collectors have the leverage of damaging your credit report with negative reporting or judgments.
Is there a light at the end of the tunnel? Is it possible to become empowered and take control of your bills and your credit? Can you really improve your credit report?
Lydell Smith of Divine Credit Institute (Bolingbrook, IL) learned how to fix his own credit. His story began as being a victim of identity theft. In 1987 Smith lost his wallet. As a result his identity was stolen. He did not have bad credit. His information was used to create a drivers license and to run amuck destroying his credit record. His identity theft resulted in over $30,000 in attorney's fees which netted zero help. He decided to arm himself and conduct his own research with the Federal Trade Commission, Attorney Generals Office and Credit Bureaus. Through his research he strategically fixed his own
credit.
Smith extended his help to family and friends who were dealing with negative credit report information and worked with them to clean up their credit. Word of mouth created such demand for his services and a new career for Smith. He left the computer graphic and video field to dedicate a full time docket, helping educate people on rebuilding their credit. He has stood the test of time helping many for the past 16 years.
Divine Credit Institute was founded to help the average person understand and use the fair credit laws to help build their credit score. Smith conducts weekly classes where he debunks credit myths and educates people on how to arm themselves with knowledge to take control of their credit. Divine Credit Institute operates will full FTC compliance.
The information packed four week course is taught live at the Bolingbrook headquarters, via email and postal service for clients seeking help throughout the United States.
A reasonable flat fee is charged to cover the 4 week course and one year of consulting services. Many people have found the information to be extremely instrumental and broken down into an excellent format to accommodate their ability to take it all in.
2008 Webinar plans are in the works along with working on making this a state accredited course.
I brought my three credit reports to an appointment with Lydell Smith for his review.
Within minutes he educated me on the smaller and finer points and opened my eyes to what my credit report was really saying. Most people today go online and pull up their credit report. They go through and follow the generic instructions to interpret their report and their FICO score. Smith showed me how to read between the lines and explained to me how lenders are actually deciphering my report. My hour was information packed.
I left with knowing for the very fist time how I was perceived in the lending world and what exactly I needed to do to improve it. This information is invaluable. Many people have negative and unfair information that is slapped on to their credit report without proper justification.
For example, let's pretend you are delinquent on a credit card bill and the lender has sold your account to a law firm to collect on. They threaten you with reporting this to the credit bureau, issuing a judgment or a lien. There are fair practices that must be followed to investigate and prove who has the right to fairly collect the debt from you. You have the right to conduct your own investigation to ensure that you are being treated in the fairest possible manner to have accurate information on your report, and to have removed what is not accurate. How is this determined? Smith teaches you his protocol on putting rights in your hands and exercising them to ensure you are being treated fairly.
Most people cringe in fear from bill collector calls, they panic and quickly turn over their check by phone information just to make it all stop. The alternative is to arm your self with information, take a breath and fairly use the credit laws to investigate the collection, outrageous fines and fees, and properly handle the problem. You also have the right to investigate if the collection firm or law firm really has the authority to handle the collection. There is a proper process involved that Divine Credit Institute teaches so you can handle these matters in the proper manner to effectively take back control of your credit.
Co- founders of Divine Credit Institute, Shana Stewart and Michael Johnson, both carry an extensive knowledge on how mortgage lending really works. The education on lending they can offer is truly invaluable. When applying for a mortgage, you need to consider that the potential lender may be viewing your credit history through an information broker. The potential amount of incorrect information on your mortgage report may be substantial, considering that most mortgage reports contain outdated and inaccurate information. This can really make a difference on what you are paying in interest. Divine Credit Institute has shown many people how to ensure that their mortgage report is fairly put in order.
For Additional Information Contact:
Divine Credit Institute 1-866-863-4845 ext # 103
