Dear Reader, of late American Debt Enders has received a number of inquiries from consumers looking to obtain a Debt Consolidation Loan to relieve their personal cash flow problem. As a result we have responded to meet this need. We have set up a ...

Free Credit Counseling - 5 new articles


Need A Debt Consolidation Loan?

      Dear reader, of late American Debt Enders has received a number of inquiries
from consumers looking to obtain a Debt Consolidation Loan to relieve their personal cash flow problem.
As a result we have responded to meet this need. We have set up a website which contains over forty lenders, all of whom have been
peer reviewed. That means that you the consumer have shared your experiences in dealing with each of them.

This resource is absolutely free to use. I will give you the link here:
Get A Consolidation Loan. Before you click on it, here is some guidance to help you.
After you get to the site, look in the left hand column
and enter your FICO score, or credit score. This will present you with a list of lenders who will lend to you
at your credit score. Now, you can check the reviews on each one, and look to see who might be the best
to approach for the amount of money you want, and who will provide you with the best interest rate.

You can then apply right on the site, without leaving your home, to see who will provide you with
the best terms. Please do not get crazy and think of this as free money. Using this type of loan to resolve
a debt issue can be risky  a blessing or a curse. We want to keep things on the blessing side. Make absolutely
certain that your new monthly payment will be affordable to you, and is at a lower interest rate than the interest
rate of the money you are paying back. Make sure you do pay back the money you owe, in other words this is
not money from a windfall, although it can feel that way.

If you have gone this route in the past and it has not worked out, then you need to call American Debt Enders
and we will help you get back on the right track.
Best of luck to you.

Yours Truly


Steven Ciantro
Consumer Advocate
American Debt Enders
Rated 3rd Nationally
Certified Credit Counselor
TalkShoe Radio Host
Member National Association of Certified Credit Counselors
Debt Expert for Gail Kasper's Top 1% Club
Top 1 Percent Club
Linkedin Profile
Author #1 Ranked Debt Relief Newsletter
877-766-2465

    
 

Debt Dispute Is Not Debt Denial

Their seems to be a great deal of misinformation on this topic. The question being do banks have insurance to cover themselves against loss in case of a payment default by a consumer, and is
debt dispute valid way of handling a debt crises? Perhaps the best way to approach this question in a credible manner, one that takes the answer beyond the realm of opinion, is to look at actual court cases and study the legal track record , if one exists, on this topic. So, to keep this outside of my opinion, that is exactly the approach that was taken when researching the answer to this question. Here is the actual question that we are attempting to answer. We know that a bank cannot carry defaulted debts on its books forever. The reason being that defaulted debts, or debts where the odds are negligible that a bank would ever recover money loaned on a credit card or other unsecured debt, would badly skew the picture on the health of the bank or lending institution. So, banks are bound by a simple rule. When a debt reaches a default age of 180 days, the bank must remove it from its books as an asset and charge it off.

Here is the Documentation:
Fact #1.  In June 2000, the U.S. Comptroller of the Currency issued an Order on its Web Page to All Banks.  (See 8 Pages)  They MUST Write Off All Unsecured Consumer Debts that are More Than 180 Days In The Arrears.  So, here we have the first proof.

As an aside, I thought I would throw in this piece of legal information from Appellate court cases:
. Their are 2 Pages of Appellate Court Cases proving that Banks/Lenders cannot Foreclose on Any Debt Without First Presenting the Original Promise To Pay/Credit Card Agreement.  A Copy Of An Original Is Not The Original Promise To Pay/Credit Card Agreement As Required By Law.

Here is our first piece of Documentation on the actual Default Insurance. It is found in a case called Jenkins Vs Heinz, 25 f 3rd, 536, 1994. This is an Appellate Division ruling overturning a lower court ruling in which the bank was holder of a car loan after a repossession and was seeking to recover 4,137.00 from the defendant which they said was money it had to spend to maintain vehicle insurance that the defendant had allowed to lapse. The insurance they were looking to be reimbursed for was not car liability insurance, etc, but rather insurance against a payment default which is exactly what happened. Note: Insurance against a payment default. I realize that a car is a secured debt, however, the principle is the same.

For easy reading I have chosen to end this article here. However, if you would like to know more
about our debt dispute program, please do feel free to call at 877-766-2465.

Yours Truly


Steven Ciantro
Consumer Advocate
American Debt Enders

Rated 3rd Nationally
Certified Credit Counselor
TalkShoe Radio Host
Member National Association of Certified Credit Counselors
Debt Expert for Gail Kasper's Top 1% Club
Top 1 Percent Club
Linkedin Profile
Author #1 Ranked Debt Relief Newsletter
877-766-2465

 
 
    
 

Find Personal Loans At One Source Online

So why would a debt relief company help consumers find a good source of personal loans?

While American Debt Enders does not offer loans directly, even we acknowledge that their are times
when it is more appropriate for a consumer to alleviate debt through a personal loan, rather than a
debt relief program. While we have always acknowledged everyone is different, and everyone's debt situation is different 14 years of financial counseling has taught me that it is foolish to be close minded
in life and that includes debt solutions, which is why American Debt Enders offers so many solutions.

For example, while a personal debt management program, non profit, is an excellent way to relieve
high interest credit card debt, their are actually times when it is not the appropriate solution. If the credit card debt is to low, for example four thousand dollars, but has high interest, than it may well be more appropriate to take a personal loan at a reasonable rate of interest to pay off the high interest rate credit
card debt and make one lower payment a at lower interest rate to pay off the credit card debt and keep the credit line from the credit cards open for emergencies only. If you go this route, than you must make sure that you remain disciplined enough to stick to the plan and do not abuse the fact that you have extra credit available. That would make the situation much worse and start you on a very negative trend. In other words, just because their is money available, does not mean you need to spend it.

I have counseled with many consumers who have done this and placed themselves in a much more negative situation. So, without further a due, I am going to share with you a link to a financial loan site
that has on it over 30 different loan sources, all rated and reviewed and actually states what is needed toqualify for a personal loan. You will be able to shop on this site by reading the review and checking to see what range your credit score needs to be to be accepted. The site also lists how much you can borrow and what the rate would be depending on your credit score and what the monthly payment
terms would be on your new loan. You can do all this from the privacy and convenience of your own home. What a world we live in!

Here is the link: Find Personal Loans. Just remember shop carefully. If you are in a more serious debt situation, and you need help with Payday loans, credit cards in collection, Private student loans, Federal student loans, or any type of unsecured debt we can help you, so please do not hesitate to call us.

 
 
Yours Truly
Rated 3rd Nationally
Certified Credit Counselor
TalkShoe Radio Host
Member National Association of Certified Credit Counselors
Debt Expert for Gail Kasper's Top 1% Club
Gail Kasper's Top 1% Club
Linkedin Profile
Author #1 Ranked Debt Relief Newsletter
877-766-2465
    
 

American Debt Enders Answers What Is The Debt Invalidation Process?

This is part one of a two part article explaining exactly what debt invalidation is.
The above question is a popular inquiry on Google and all other search engines. So time to really delve into it. Their may be some variations on each companies approach, but overall this article will provide you with a thorough understanding about this process which is becoming more popular. First, what it is not. It is not illegal, it is not a scam, it is not immoral, it is not Debt Settlement, or Bankruptcy. Secondly, the company you hire to represent you and your interest does not have to be a law firm, although it is good to have an Attorney involved in the process, or at least on standby, should one become necessary. We will cover this in more detail later on. By the way, American Debt Enders is not a law firm and does not give legal advise. For all the trouble makers on the internet, providing information and education about law, is not the practice of law.

Despite what most consumers believe, one does not have to have a BAR card to be an authorized representative for another person. Contrary to popular belief, there are no laws against appointing a personal authorized representative to present your interests in a claim or dispute.  It would be against all American equitable principals to create laws that would prevent a free man or woman from appointing an authorized representative, or agent, to act on their behalf.  Other terms for a personal authorized representative may include, power of attorney, trustee, executor and agent to name a few.  Sorry lawyers.

Next Item. Why Dispute A Debt? A debt should be disputed to make a debt collector prove they have the right to collect on a particular alleged debt. Their is absolutely nothing illegal or immoral about doing this.
It is the law that makes it possible. For clarification, I do not and would never recommend using this method to avoid a debt you know is valid and that you really owe and can afford to pay.

When a debt collector sends a notice of a debt owed to a consumer they are making a claim against that consumer. Note:(this article is based on researching the debt dispute program as laid out by Infinity Consumer Services, which contains some unique elements.) When you the consumer dispute the debt you are making a counterclaim, the claim and counterclaim create a commercial record of both. right at the outset of the dispute. The following information must appear on all notices for collection sent to a consumer. “…unless you dispute this debt within 30 days of receipt of this letter, we’ll assume the debt is valid.” Please notice the word Assume. If all debts were valid without assumption than their would be no need for any laws governing the rules for dispute.

Please do take the time to read part two of this a article, and if you are interested in enrolling in this powerful debt relief program, feel free to call. 877-766-2465.

Yours Truly


Steven Ciantro

Consumer Advocate
American Debt Enders
Rated 3rd Nationally
Certified Credit Counselor
TalkShoe Radio Host
Member National Association of Certified Credit Counselors
Debt Expert for Gail Kasper's Top 1% Club
Top 1 Percent Club
Linkedin Profile
Author #1 Ranked Debt Relief Newsletter
877-766-2465

 

    
 

Credit Restoration and Debt Dispute - American Debt Enders

  It is amazing how many people still do not understand what credit restoration is. Credit Restoration is the process of bringing back up a low credit score. Usually after the credit score has been damaged due to either a life event or just outright neglect. Yes, if you want to be able to have a credit score that will allow you to borrow money, perhaps in some cases even get that dream job, than your credit score is yet another of those pesky life issues that must be managed. This article addresses perhaps one of the best ways to restore a credit score that has fallen because bills have not been paid for any reason.

      The program is called Debt Dispute, and while not as prevalent as programs like debt settlement, it is the singular best method for raising a credit score and getting rid of debt collectors and debt all at the same time  This credit counseling program is so effective that it usually comes with a money back guarantee. That means a full, 100% return of all and any fees you may have paid to the disputing credit counseling company. Do I have your interest yet?

      Consider the fact that their are other debt relief programs. Not one of them offers the comprehensive results of debt dispute as offered by American Debt Enders. Probably the biggest misunderstanding of whether or not this program is right for you is that consumers think that because they took the money or ran up the credit card they cannot dispute the debt. Nothing could be further from the truth. This program calls into play over a dozen federal and state consumer laws that mandate that creditors of unsecured debt be able to produce a number of documents when asked to validate a debt, before collecting, or trying to collect. Again, nothing to do with whether you used the credit card.or the money.

       What starts the process? When a consumer enrolls in the Dispute Program, they give authorization for a representative to communicate on their behalf.  This is the same as appointing a power of attorney.   The representative is authorized to dispute the alleged debt with any third party debt collectors that may attempt to collect the alleged debt from you.  Because the client has appointed the authorized representative to do so, the representative will put together a dispute under various laws that pertain to the collection of debt.  The authorized representative will serve it as a notice on the debt collector within the 30 day dispute time frame as stipulated in the Fair Debt Collection Practices Act.  The dispute is witnessed by a notary and sent to the debt collector registered U.S. Mail return receipt requested, also done by a notary, to ensure proper record of the dispute by a state official.  This process is known as a notary presentment. The entire process takes between 18 and 24 months to complete. The cost is about half of the cost of any debt settlement program.

Again, here are some of the advantages of this approach:
No taxes on the successfully disputed debt.
Negative is completely removed from your credit report, as part of the credit restoration process.
Full 100% money back on any debt not successfully disputed.

If you would like to learn more and would like to enroll in this program, simply call us at 877-766-2465,
or visit: American Debt Enders and fill out an simple form and a consumer counselor will contact you.

 
Yours Truly
    
 


Click here to safely unsubscribe from "Free Credit Counseling."
Click here to view mailing archives, here to change your preferences, or here to subscribePrivacy