A New Horizon Credit Counseling Reports Mortgage Modification Chances Double with Foreclosure Counseling
Posted by admin in Consumer Credit Report on January 9, 2012
A New Horizon Credit Counseling Reports Mortgage Modification Chances Double with Foreclosure Counseling
Fort Lauderdale, FL (PRWEB) January 03, 2012
National Foreclosure Mitigation Counseling (NFMC) in a report issued by NeighborWorks America reported that homeowners who received NFMC counseling were nearly twice as likely to obtain a mortgage modification. Those homeowners also received a new payment that averaged $ 176 lower than before. Even more important, the report found that 67 percent of the homeowners were more likely to remain current on their mortgage nine months after receiving the modification states A New Horizon Credit Counseling Services, a nonprofit credit counseling organization that has been helping consumers since 1978.
Stephen Marcus, President of A New Horizon Credit Counseling Services said, “The program also provides the homeowners with more long-term sustainability. Not because of the payment reduction, but because of the financial counseling that is a part of foreclosure prevention and helping homeowners improve their financial management skills”.
The study was conducted to compare the counseling provided by NFMC with mortgage modification applications from individuals without assistance.
A New Horizon provides credit counseling, financial education and debt management assistance for distressed consumers. “A well planned debt management program, in conjunction with proper financial skill training and assistance through a mortgage modification is a powerful solution to the anguish caused by foreclosure,” added Marcus.
If a homeowner is faced with difficulty paying their mortgage, experts advise that they don’t avoid the problem, instead take action immediately. The further behind you fall on your mortgage payments, the more difficult it is to cure the defaults and the more likely you are to lose the home. Contact your lender who can suggest options to help the borrower and be prepared to explain your financial hardship. Consult with a Certified Credit Counselor at a reputable credit counseling organization and consider a debt management plan to assist with your other finances.
A New Horizon Credit Counseling Services is a nonprofit debt consolidation organization that has been helping consumers since 1978. For more information about their programs, contact 1-800-556-1548.
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NEW Debt Watchers Program Monitor Your Credit Report & Get Out Of Debt www.MyDebtFreeSolution.com
Posted by admin in Consumer Credit Report on January 4, 2012
www.MyDebtFreeSolution.com Poem / Rep ID: NSHY7 Debt Watchers is an exclusive program only available to you by invitation, that uses Equifax Credit Reports to track consumer debt, and estimate how long it will take you to become debt free. It also monitors your credit, provides credit reports, and protects you from Identity theft. Debt Watchers is THE Debt Free Solution for 2010.
Video Rating: 5 / 5
CreditRepairBook2010.com Credit repair do-it-yourself. In this video I explain one sneaky *but very legal* trick that almost no one knows about that not only helps you in your credit repair journey, but also raises your credit score nearly instantly. The sad truth is that there is an entire industry devoted to credit repair and they make hundreds of millions of dollars each and every year when anyone can do their own credit repair themselves and save thousands. The fact of the matter is that the law is on the side of the consumer! Since the Fair Credit Reporting Act was established, thousands of people have successfully put a stop to harassing collections agency calls, eliminated bad debt, and repaired their credit quickly, legally, and all by themselves. What those consumer credit counseling businesses won’t tell you (but they know all-too-well!) is that their services often do more harm than good! It’s true! When they make so-called “special arrangements” with your creditors, all they are doing is making an agreement on your behalf that you will pay off a percentage of the debt! But the bad part is that your credit is still damaged! I show you how to not only get rid of the debt that you have (often for free) but to clear those bad credit trade lines off of your credit report, which will then raise your credit score! Be sure to check out the second part of this video at http
if i quit claim rentals to a llc will it come off my personal credit report?
Posted by admin in Personal Credit Report on December 30, 2011
Question by Chad S: if i quit claim rentals to a llc will it come off my personal credit report?
i want to quit claim some propertys to lower my debt to income ratio will it work,or how can it work?
Best answer:
Answer by ADP_14
it won’t. That changes the title, but does not change the mortgage. you are still personally liable unless you refinance the mortgage into the LLC.
Know better? Leave your own answer in the comments!
NJIT Announces Online Data Mining Graduate Certificate Program
Posted by admin in Personal Credit Report on December 25, 2011
NJIT Announces Online Data Mining Graduate Certificate Program
Newark, NJ (PRWEB) December 14, 2011
In our world of information economy, data are being generated in every aspect imaginable. Every time you swipe your card at the grocery store or are on Facebook or LinkedIn, data are being extracted and downloaded into a database. Today more than any time in history, organizations are storing, processing and data mining this information for marketing, advertising, eCommerce, healthcare and supply chain processes. The results are extracting actual information for companies to draw on to increase productivity and efficiency.
NJIT’ s Online Data Mining graduate certificate classes teach the mathematical methods in understanding data mining. Emphasis is on large-scale databases as a source of knowledge generation and competitive advantage within many areas of business.
What will you learn?
The fundamentals of relational database technology, concurrency, and recovery Methods of database design and conceptual modeling The principles of information-retrieval system design Techniques essential for building text databases, document-processing systems, office automation systems, and other advanced information management systems And more in two elective courses, each worth 3 graduate credits.
Information on the Online Graduate Certificate in Data Mining:
12 credits – four classes
One year to complete (on mean)
Study is fully online, or in a classroom. You can mix and match between online and on-campus classes too.
The graduate certificate is a stand-alone credential that can lead to a corresponding NJIT master’s degree in Computer Science or Information Systems
Financial Assistance is available for students who study part-time (6 credits or more). U.S. income tax education credits can be applied as well.
New Jersey residents studying online and/or on campus are charged, as always, in-state tuition rate. Residents living anywhere in the world outside New Jersey qualify for a new, more affordable graduate online tuition rate. This new rate is significantly lower than the out-of-state fee to attend graduate classes on campus.
NJIT, New Jersey’s science and technology university, enrolls more than 9,500 students pursuing bachelor’s, master’s and doctoral degrees in 121 programs. The university consists of six colleges: Newark College of Engineering, College of Architecture and Design, College of Science and Liberal Arts, School of Management, College of Computing Sciences and Albert Dorman Honors College. Many courses and certificate programs, as well as graduate degrees, are available online through the Division of Continuing Professional Education. U.S. News & World Report’s 2012 Annual Guide to America’s Best Colleges ranked NJIT in the top tier of national research universities. NJIT is internationally recognized for being at the edge in knowledge in architecture and design, applied mathematics, wireless communications and networking, solar physics, advanced engineered particulate materials, nanotechnology, biomedical engineering and applied life sciences, sustainable technologies, and e-learning.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Credit Report Errors – Why Do The Bureaus Believe The Creditors Over Me?
Posted by admin in Consumer Credit Report on December 20, 2011
When you dispute false information on your credit reports normally the credit reporting agencies (Equifax, Experian, and Trans Union) do NOT believe you but instead believe the creditors (furnishers of information). Why? Is it because big banks are so trustworthy now? Nope. All comes down to money – you don’t pay the credit reporting agencies enough money. The big banks and debt collectors do – this is reality. So often the only way to correct errors is to sue the credit reporting agencies – its all about money to these guys….. Here are the frequently asked questions on credit report errors – www.alabamaconsumer.com If you live in Alabama feel free to call us at 205-879-2447 or contact us through our website – www.alabamaconsumer.com Best wishes John Watts
AnnualCreditReport.com allows you to request a free credit file disclosure, usually called a credit report, once every 12 months from each of the nationwide consumer credit reporting companies: Equifax, Experian and TransUnion. AnnualCreditReport.com is the official locate to help consumers to obtain their free credit report.
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How To Get Your Credit Reports Free Online
Posted by admin in Consumer Credit Report on December 15, 2011
www.digitaldrake.com The Fair Credit Reporting Act (FCRA) requires each of the nationwide consumer reporting companies — Equifax, Experian, and TransUnion — to provide you with a free copy of your credit report, at your request, once every 12 months. This video shows how.
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From the US Treasury Dept. Explains how to obtain free credit reports from the credit bureaus. Also explains how Fraud Alerts work and how to activate them. credit report online, free online credit report, credit free report score, 3 in 1 credit report, transunion credit report, creditreport.com, credit report personal, national credit report, cic triple advantage credit report, free annual government credit report Identity theft is a serious crime. It occurs when your personal information is stolen and used without your knowledge to commit fraud or other crimes. Identity theft can cost you time and money. It can destroy your credit and ruin your good name. Deter identity thieves by safeguarding your information. ■ Shred financial documents and paperwork with personal information before you discard them. ■ Protect your Social Security number. Don’t carry your Social Security card in your wallet or write your Social Security number on a check. Give it out only if absolutely necessary or ask to use another identifier. ■ Don’t give out personal information on the phone, through the mail, or over the Internet unless you know who you are dealing with. ■ Never click on links sent in unsolicited emails; instead, type in a web address you know. Use firewalls, anti-spyware, and anti-virus software to protect your home computer; keep them up-to-date. Visit OnGuardOnline.gov for more information. ■ Don’t use an obvious password like your birth date, your mother’s maiden name …
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