The Extra Credit Show

So Next week turned into next Month, as we have been swamped !!!! But here you go, a delicious new installment of your favorite podcast!!   Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com   00:00

We are BACK! The first episode of a long series as we document a credit repair journey with our lucky winner. Meet Joy, hear her story and follow along as we bring monthly updates to her credit repair journey.  Next week we will be back with a regular installment of the Extra Credit Show!! Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

We have interviewed everyone who has shared their story with us regarding the free credit repair program we want to give away. The chosen extra credit listener is announced! Also - A consumer has filed a lawsuit against Equifax and Navient Solutions alleging a disregard for accurate reporting his loan performance. The consumer says they have tried repeatedly to dispute and validate the incorrect credit reporting information but has had no luck. According to the complaint the consumer had 13 separate loans with Navient and they were paid off in full in July 2016. After the loans were paid off, both Experian and TransUnion both correctly reflected the loan status. The suit says, “Equifax failed to update Plaintiff's accounts to reflect the payoff and closure of the accounts and instead continued to list each of the accounts as open and with a monthly payment amount and/or a balance.”  We breakdown the merit of the lawsuit and discuss how this consumer was injured...or not injured based on the allegations! Check it out!!   Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

Buying a home is the main motive behind consumers wanting to improve their credit score. As an Extra Credit Show listener it's highly likely the motive behind you wanting to master your credit score is tied to an end goal of homeownership. In this episode we cover a few first time homebuyer programs available to consumers, and Nik shares his experiences in the real estate buying process.  We also discuss how credit impacts your ability to rent a home, which is a fantastic look into the decision making process of tenant screening. We even learn several new things ourselves! Nik Boone owns Ascend Real Estate, a local property management and real estate sales company. Due to his company handling both rentals and sales, he brings an insightful perspective in both buying and renting real estate. Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com    

Has the FCRA been violated if the dealership shotguns your credit if you've given them permission to run it at least once? I've had this discussion 100x over the years with angry consumers. You go to the dealership to buy a car, and when you get to the financing part they run your credit with several lenders and thus you end up with several, sometimes a dozen or more inquiries on your credit report. Consumers freak out, and maybe justifiably so. In this episode we discuss a very recent case of a consumer who sued a car dealership for doing just this, and we discuss the courts ruling which is quite interesting. Check it out!    Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.

Apparently this is a big deal, as the new UltraFICO score model will review your bank account to enhance the score. This seems interesting, take a listen and learn the details of this new potential system and what we think about it's impact in the current consumer finance space. Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

In this episode we discuss what to do if you have been served with a lawsuit for credit card debt! It sucks, but it happens. Recently it's been happening ALOT. There are certain debt collectors and types of debt that are more commonly filing suits against consumers than others. If you know anybody who has past due credit card debts this episode is a MUST listen. It's always best to address the issue before suite gets filed, because after that things get exponentially worst! This is always a touchy subject because we don't want to accidently give legal advice, but we deal with this very often and feel comfortable discussing it. Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShowWeb: www.TheExtraCreditShow.comWatch the show on YouTube : https://youtu.be/RVq0jCjwpxYContact: TheExtraCreditShow@gmail.com   00:0000:0        

Credit Repair should not last forever. Actually it should really only be 3-6 months, and in some rare cases it can go longer than 6 months. The habits and actions you take after the credit repair process is over are extremely important to make sure you don't "come back" or become a "repeat client" of a credit repair company. In this episode we break down and discuss common issues that we have seen our clients commit after they finished our program. The focus of the episode is to discuss how to continue to maintain your credit after you've completed a credit repair program. Myths we breakdown: How to manage your credit cards every month. Do you pay them off every month? Do you have to carry balances every month to show activity? Do you keep them at 30%? (No, no, and NO) Do you need to keep all your accounts opened? What is the IDEAL amount of credit cards to have open?  Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShowWeb: www.TheExtraCreditShow.comWatch the show on YouTube : https://youtu.be/RVq0jCjwpxYContact: TheExtraCreditShow@gmail.com

We try not to be biased on this one....   Let us know what you think?   *****Special ALERT**** We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process. SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

There has been new changes to the FCRA consumer rights disclosures. In this episode we break it down bit by bit, just for YOU! ALSO!!!   *****Special ALERT**** We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process. SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

We received a simple question from a listener that turned into a long conversation about CELL PHONE payment history and credit reports. Can you report your good payment history to your credit reports? Listen to this episode and find out! We also discuss inquiries, and if they can be removed from your credit report if a creditor does not have written permission to pull your credit. A very interesting discussion takes place about finding bad info on the internet, and a perfect example is given on the show. Thanks for listening! In this episode we break it down bit by bit, just for YOU! ALSO!!!*****Special ALERT****  We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process.  SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

The figures above sound totally ridiculous but this form of borrowing is again legal. It certainly is not right. In this Episode we discuss and breakdown the actual numbers! Anselmo was auditing a clients credit report when he noticed the loan on the report and was shocked by the numbers that were in front of him.  These loans are the true example of the cost of having bad credit, as Good Credit Joe would never have to use these loans! Would a starving person eat poisoned food?  In this episode we break it down bit by bit, just for YOU! ALSO!!!*****Special ALERT****  We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process.  SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com  

Something that is going to happen to everyone, which is death. You may lose a loved one at some point in life, or maybe it has already happened to you. What happens to their credit and debt affairs when they pass away?  In this episode we tackle a few very real questions: What happens to your debt when you die? Do you inherit your family's debt? What happens to your credit report when you die? Are all debts forgiven at death? What happens to secured debts ? And much more! In this episode we break it down bit by bit, just for YOU! ALSO!!!*****Special ALERT****   We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process.  SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

CREDIT REPAIR or BANKRUPTCY ? THE age old question. It's a very complicated answer and certainly one that requires a full understanding of all your debt relief options. Just because your neightbor or brother in law filed for bankruptcy, it does not mean bankruptcy is the right solution for you. One of the biggest decisions consumers often make while being uninformed and not truly understanding the consequences of filing for bankruptcy. The worst thing you can do is file for bankruptcy when you should have to.  In this episode we break it down bit by bit, just for YOU! ALSO!!!*****Special ALERT****   We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process.  SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

In this episode we bust a few more myths that plague the credit scoring world.   1.) Does "opting out" of pre screened offers boost your score? 2.) Does paying more than the minimum payment on a car loan build your score faster? 3.) Does paying a credit card or loan more than once a month impove your score faster? 4.) Do you have to continue to use a credit account to continue to build credit? 5.) Does Paying off your credit card in full each month the best way to improve your score?   SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

Can you to Jail for not paying your debt? We like to say a hard NO on this answer, but it's actually really complex. (Aren't all credit answers a bit complicated?)   In this episode we discuss in detail how debt collectors are using the civil system to enforce debts and how they abuse it to land consumers in jail. A very disturbing trend that has garnered attention from the ACLU and major media outlets who are not reporting some egregious cases of how consumers ended up in jail for unpaid debt. Take a listen, inform yourself, and share this episode with everybody you know!   SUBMIT YOUR QUESTIONS TO US: thextracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

This week we mashup a few headlines that make waves this week regarding credit scores. Vantage coming into the Mortgage Market was put off by Fannie Mae and Freddie Mac, which is an interesting twist of event. Also - Equifax comes up with a funny defense for their class action lawsuit that resulted after they exposed everybodys personal information. We also got our hands on an analysis of Renting a home VS Buying a home, and how long it takes to break even. Very interesting insight that we discuss and throw in our 2 cents opinion on the current real estate market.    SUBMIT YOUR QUESTIONS TO US: thextracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

In this episode we tackle questions submitted by YOU, our awesome listeners.  1.)  Why is it that when people come to my house to sell stuff, they are offering me a 20% interest despide my score being 760+?  2.)  In the last 6 months, I've paid of also of my credit cards that were charged off. My score has barely budged, why is my score not moving? 3.) Can the Government send my account to collections? 4.) A debt collector is wanting to schedule an appointment with me to "serve" me with court papers, and they keep saying I need to have two forms of ID ready. Should I be worried? SUBMIT YOUR QUESTIONS TO US: thextracreditshow@gmail.com Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

We have been working on discussing student loans on the show for a while now! It's such a complex subject that we finally just decided to jump right in and start discussing it. This will be a subject that will require multiple episodes, but this is the first one that really breaks down the differences in the credit reporting and credit scoring rules that Student loans have vs. Regular consumer loans.  If you have student loans and really want to understand them, this will be a great start! Thanks for listening!  Share this episode with everyone you know that will benefit from it. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com  

A common saying in the office that we find ourselves telling our client is "You are leaving too many points on the table" - and that is normally because the client is wanting to run their credit aka apply for credit at the wrong time. Timing in the credit world can make a huge difference in the credit score your lender sees when they calculate your score. In this episode we discuss how we coach our clients into optimizing their credit score and learning to time their inquiry/credit application so that the score is the highest it could possibly be for their particular credit profile.  The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

In this episode we discuss some new crazy credit repair scams that we have been exposed to. Do you know what credit engineering is? We didn't, but somebody tried to sell us on it and after we were pitched the idea we barfed a little bit! Learn about this new ponzi scheme scam and get out of the way! Also a new twist on an old scam - business credit funding! This one was pretty annoying to see because it happend to an old client of ours, luckily our client realized it was a scam and reached out before losing any money. Learn about the scam and how to combat it! Also we bring up some interesting drama with Lexington Law who is getting sued by a debt collector under some RICO allegations which is a big deal!  The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

In this episode we interview a long term client of ours who has undergone one of the most extreme cases of ID Theft that we have seen in our professional carreers. Our client, "Mr. T" gives us his side of the story and we discuss how he has had to deal with IRS problems, DMV problems, and of course Credit reporting problems. It is kind of a pain to prove that it was not you who had a DUI in another state in order to get your license in your home state....and Mr. T tells us all about it.  Even after freezing his credit, the problem was not solved. Join us and take a listen and realize just how bad it can be to have your identity stolen.  P.S  Richard is back from Japan, but is terribly Jet Lagged, so NEXT week we will be back with a regular episode!

We have been quite busy here at the office this month, and with Richard being in Japan vacationing- we are up to our eyeballs in work! But no fear, Richard will be back next week and we will be back on track to deliver weekly Extra Credit Show Episodes. I thought I'd share with you guys a little verbal back and forth against a Debt Collector that was threatning one of our clients with a lawsuit, which seemed a bit shady since the debt appeared to be past the statute of limiations. Take a listen to Anselmo take on a debt collector who really seemed like he broke almost every rule in the rulebook. You will learn how to spot a likely fake debt collector, along with the right questions to ask and what to look out for to ensure you are speaking with a legitimate company and not some phony debt collector wanting to intimidate you into paying something. Thanks for hanging out with us every week!  

I was receiving a bunch of voicemails from someone claiming to be with the IRS making threats about an arrest warrant issued under my name. I decided to call them back....and document it! Don't fall for this scam, spread awareness!  The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com    

Charge Offs are a funny little word that is understood in many different ways. Some consumers believe once it's charged off you no longer have to pay for the debt. Some believe that a charge-off is a tax benefit for the creditor. So what exactly is a charge off and how bad is it for your credit score? In this episode we breakdown Charge-Offs, and discuss how they happen, and what you can do about it.  The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

People with higher credit scores have a significantly different mindset when compared to folks with a low or poor credit score. This is an interesting observation that we have made in the last 12 years that we have been helping consumers navigate credit issues. We breakdown some of the decisions made by "good credit" Joe and compare them vs. what "Bad Credit" Joe would do.  Take a listen to the episode and let us know if you can resonate with some of our examples - and don't worry if you feel you fit the Bad Credit Joe mold - because we are here to help you change your mindset to have an 850 Credit Score Mindset!  The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

  A mixed file is when credit information for two or more people is erroneously put into a given consumer's report. Given that consumers have unique Social Security numbers, you would think mixed files would rarely, if ever, happen, but they do. Common reasons for mixed files include people, particularly family members, with similar names and/or addresses. Sometimes, people with similar names and Social Security numbers will become victims of mixed files. When this happens, information will be wrongly attributed to a given consumer.   The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

This is a MUST LISTEN  -  Bottom Line: In this new age of Data Breaches being the new norm, your information is not safe. In this latest episode we discuss exactly what it means to have your information exposed in a data breach (Chances are it has happened to you) - and what you can - and should do - to protect yourself. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

In this latest installment of The Extra Credit Show - we tackle 3 common credit issues - as published by the CFPB. Link to article can be found here: https://www.consumerfinance.gov/about-us/blog/3-common-credit-issues-and-what-you-can-do-fix-them/ Of course - we didn't exactly agree that these were common credit issues, so we threw in our own top 3 - making it a total of 6 common credit issues discussed - and we feel ours are much more relevant!! Take a listen and let us know if you agree! Discussed in this episode are: 1.) Lack of enough Credit History 2.) Denied Credit 3.) Fraud/ID Theft 4.)High Credit Card Balances 5.)Ignoring Medical Collections 6.) Recent Late payments The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

Credit Scores are full of MYTHS! FICO is used in 90% of lending decisions, and it is important to understand what FICO scoring models take into consideration when calculating your credit scores. In this episode we breakdown the factors, and exactly how much of each factor actually affects your score.  We breakdown: Payment history (35%) Amounts owed (30%) Length of credit history (15%) Credit mix in use (10%) New credit (10%) Take a listen and allow us to take you on a journey to Master your Credit Score!! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com  

Protecting your credit during and after a Divorce Debts that are commonly divided in divorce proceedings are typical consumer debts such as mortgages, car loans, and credit cards. These types of consumer credit products are generally credit that is reported to all three major credit bureaus, and which can be a great source of damage and stress post-divorce. In a divorce decree, the court assigns payment responsibilities to one spouse or the other, but it cannot amend or override the original contract signed by both spouses. In the credit world, this means that if your spouse retains the jointly held car loan or mortgage, it is still a joint account even after the divorce is final. Removing your name from the title or deed does not remove your name from the promissory note or contract. Here is where it gets messy: your ex-spouse misses a few payments on the loan, and now you have late payment delinquencies reported on your credit reports. This can happen at any moment in time for the life of the loan which can be a very long time if we're talking mortgages and car loans. The credit score formula will not take the “my ex-spouse is supposed to pay for that” argument into consideration, and neither will your creditors. Your score can drop significantly, often disqualifying you from obtaining a new mortgage or car loan for yourself. This scenario can happen with any joint financial product that is seen on credit reports. Credit cards are much easier to control because you have the option of closing the account, and they are generally much easier to pay off when compared to a mortgage or car loan. Can I be removed as a joint loan holder? Your ex-spouse will have to refinance the loan under their name only. That can become very problematic as negative equity problems could prevent a new bank from refinancing the loan. Perhaps the sole income of your ex-spouse is not enough to qualify for the loan on their own. Or even worse, their credit rating is very low as a result of the divorce. Protecting your credit: To protect your credit you would have to terminate your liability with the bank. One option is to sell the house or car and pay off the loan. If that's not possible, and you find yourself or your ex-spouse unable to refinance the loan, your only real option is to file for Chapter 7 Bankruptcy Protection. This eliminates the possibility of late payments affecting you in the future. As long as your ex-spouse continues to make payments, they get to keep the house or car. If bankruptcy is not an option for you, the next best thing is to check your credit report and joint accounts once a month to make sure things are being paid on time. As you are still a joint account holder, there is nothing stopping you from calling the bank once a month and checking to see if the payments have been made. If there is a danger of being 30 days late, you at least have the option to protect your credit rating by making the payment yourself and then having your ex-spouse reimburse you. Not the most practical solution, but it works. I often advise clients to do this when they are in the middle of a major purchase, but run the risk of late payments due to jointly held debts which they don't control. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com   00:00

Caution: Don't Co-Sign! 4 things you NEED to know about Co-Signing and Credit Scores --- When an eager consumer doesn't qualify for the financing they require, they often are advised to seek a qualified “co-signer” to allow them to obtain the loan or credit extension. Financially, it's like juggling knives with your eyes closed. In this episode we share a few horror stories about consumers who had co-signed and did not fully understand what it really means to be a co-signer. Also we discuss a few strategies to protect yourself if you are currently a co-signer right now for a friend or family member.  Co-Sign at your own risk! Thank you for listening!!!!!!!!!!!!!!!! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com      

We have received GREAT questions by our awesome podcast listeners and we answered a few of them in this latest episode.    Question 1.) Should I go buy a car to build my credit history? Queston 2.) I disputed something on my credit report, and now I see a remark on their that says "Account info disputed by consumer, meets FCRA requirements." What does that mean? Question 3. ) How long should I keep a car loan open before paying it off to build my score? and Does the balance on my auto loan affect my credit score? Thank you for listening!!!!!!!!!!!!!!!! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com

In this episode we discuss a question that is in everyones mind: IS CREDIT KARMA ACCURATE?????????? It is a very complicated answer (like all credit score related answers) -   Take a listen and show off to all your friends your new found credit score knowledge, and finally be able to answer correctly if someone questions the accuracy of Credit Karma!!   Thank you for listening!!!!!!!!!!!!!!!! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com    

Can debt collectors use social media like facebook , instagram and other networks to gather intel on you?We take a deep dive into debt collector tactics - legit or not- and reveal some shocking tools and techniques they use to collect debt. Covered in this episode: *How a debt collector can fraudulently renew the statute of limitations for a lawsuit. *How debt collectors use reverse directories to call your neighbors *How the credit bureaus share your location and contact information with Debt Collectors so they can collect And much MORE insider debt collection secrets that you need to be aware of so you can protect yourself!! Thank you for listening!!!!!!!!!!!!!!!! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com

First we discuss an email sent to our client from an alledged payday loan debt collector that broke every single consumer protection law ever made. For your viewing pleasure, The email can be found here: Crazy Debt Collector Email Also.... we discuss the removal of public records from credit reports: The three nationwide credit reporting companies—Equifax, Experian, and TransUnion—entered into a settlement with over 30 state attorneys general. This settlement, called the National Consumer Assistance Plan (NCAP) was supposed to require the three nationwide credit reporting companies to create minimum standards for personally identifiable information and reporting frequency for civil public records, including bankruptcies, civil judgments, and tax liens.   Starting July 1, 2017, this aspect of the settlement required all civil public records to have a name, address, and a Social Security number or date of birth before appearing on credit records from the three nationwide credit reporting companies. The settlement also required this information to be refreshed by the credit reporting companies at least every 90 days.  Since the Credit Bureaus can't actually comply with those request, a HUGE number of public records ended just being deleted from credit reports. In this episode, we explore how the reduction in public records affected consumers' credit records and their credit scores. (Not Much)- Thank you for listening!!!!!!!!!!!!!!!! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com

Experian conducted its eighth annual “State of Credit Report,” which shows that the average credit scores have increased almost to the level of pre-recession numbers. The study also ranked the cities with the highest and lowest credit score averages and sets forth various generational insights. In this episode we breakdown the report released by Experian! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com  

Online disputes have become very popular, and many consumers are figuring out that they can save a stamp, and some time if they use the Online Consumer Dispute Methods available by all three bureaus. A little bit of research online and you will find arguements for and against online disputing. So what gives? There are some technicalites within the FCRA that allows the bureaus to bypass certain requirements that have to be met with the standard written dispute. We discuss it in practical terms and bring it into context for those of you who are actively in the dispute process. Take a listen!  The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com    

If you are a consumer looking for debt or credit help, you may run across the following terms… Credit Counseling, Debt Settlements, Bankruptcy, Debt Management, Credit Repair and Debt Consolidation. If your relative went through credit counseling, it does not mean it is the best option for you. Understanding each strategy and credit repair program is important in choosing which is the right one for you. In this Episode we break down who is the right consumer that can benefit from a Credit Repair program, and go in depth as to when consumers are NOT ready for credit repair. Listen to the latest episode and Master Your Credit Score. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com

It's Tax Season! And if you are expecting some monies back and would like to use some of those dollars to maximize your credit score, then this episode is for you. We cover: 1.) Should I just pay off all my collections? 2.) Do I settle my debts? Pay them in full? Or do I DISPUTE them? 3.) Do I pay my credit card balances down to 50%? Or 40%? Or 30%? The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts. Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com P.S Section 609 Credit Repair Loophole is bogus, in fact it has nothing to do with credit repair. Read it for yourself. Link to FCRA: https://www.ftc.gov/system/files/fcra_2016.pdf Contact: TheExtraCreditShow@gmail.com

Last week we covered the top 3 credit repair scams and tactics that are highly illegal and will land you in the slammer! This week we cover legit credit repair strategies that are effective, ethical, and allow you to sleep at night knowing you won't end up in jail! A great compliment to Episode 3: How to build or re-build your credit history! In a nutshell, Credit Repair is best used when grounded in facts, and there is alot of crap out there! We came across some section 609 bogus disputes that is marketed as a loophole and when you actually look into it....it's not a loophole. In fact we busted out the FCRA and looked at section 609 and it says NOTHING in the language that remotely resembles what they are claiming it resembles.  Other subjects covered in this episode are :  1.) The Anatomy of a Credit Repair Dispute Letter 2.) A debt validation letter - what it is, and how to best use it! 3.) The truth about the "30 day period" and what actually happens if the credit bureaus don't respond within 30 days 4.) How to avoid having your dispute letter kicked back as "frivolous"   Link to the FCRA act: https://www.ftc.gov/system/files/fcra_2016.pdf Link to the FDCPA: https://www.ftc.gov/system/files/documents/plain-language/fair-debt-collection-practices-act.pdf   Claim your free dispute letters:  If you are here to claim your free credit repair dispute letter please email us at TheExtraCreditShow@gmail.com (we will email you the letter)....we couldn't figure out how to link the letters up on this site......ooops!   The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.   Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.   Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com    Watch the show on YouTube: https://youtu.be/OQLsrEDSL1I Contact: TheExtraCreditShow@gmail.com      

Credit Repair has been around for a long time, and credit repair tactics have been developed that have landed people in jail charged with FEDERAL offenses. In this episode, we talk about the top THREE credit repair scams and how to identify and avoid them so you can avoid getting caught up in them, and avoid the slammer! Specifically, we go into detail into CPN numbers, buying tradelines, and filing false fraud police reports. Each one of these tactics is backed up with examples of federal/state prosecutions that were done against all involved parties, including the consumers that had no idea they were doing anything illegal. Listen to this episode and stay out of trouble! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.   Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.   Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com   Watch the show on YouTube: https://youtu.be/OQLsrEDSL1I Contact: TheExtraCreditShow@gmail.com

The name of the credit score game is pay your bills on time! But have you ever noticed that the bills you tend to pay on time don't show up on your credit report nor give you good credit? Example: Your RENT, Your Cell Phone bill, utilities, internet....etc  BUT- If you don't pay them they get sent to collections and hurt your score. Lame! In this episode we discuss all that is NOT included in your credit score - so you can understand the game and learn to play it better.  We also discuss how to add your on time rent payments to your credit history, and go in depth as to the major limitations associated with rental tradelines being added to your credit score.    The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.   Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.   Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com   Watch the show on YouTube: https://youtu.be/OQLsrEDSL1I Contact: TheExtraCreditShow@gmail.com

People with bad credit pay more for everything!   It's pretty common knowledge that a better credit score results in better, more favorable terms when financing stuff. Simple concept: higher credit score, less risk to the bank, lower interest to the consumer. Lower score, higher risk, higher interest.    But it actually extends to almost every aspect of life. Jobs, rentals, furniture, insurance, short term loans, banking options, cell phones, utilities...the list is endless.   In this episode we go into detail and crunch some numbers to really breakdown exactly  how much it cost to have bad credit using real world examples. Hope you find it informative!   The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.   Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShow Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube: https://youtu.be/OQLsrEDSL1I Contact: TheExtraCreditShow@gmail.com

Have you ever heard that "Medical Debts / Collections do not hurt your credit score" ?? That is incredibly inaccurate and we debunk that myth. 52% of all collections on Credit Reports are Medical based debts, according to a report released by the CFPB. In this episode, we discuss the nuances of medical debts that get turned over to a collection agency, and how that can adversely affect your credit score. If you have medical collections and want to understand how to repair your credit, this episode will help you understand exactly how much medical collections are actually hurting your credit score. Link to the CFPB Study :CFPB Medical Debt Study The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.  Watch the show on YouTube: https://youtu.be/OQLsrEDSL1I Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.  Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com  Contact: TheExtraCreditShow@gmail.com 

Do you Remember 2011? In 2011, now 7 years ago, a bunch of crazy things happened. Osama Bin Laden was killed, Prince William married Catherine Middleton, Steve Jobs Died, and Obama released his birth certificate! If you also stopped paying some or all of your debts in 2011, then 2018 is YOUR year. We are talking about foreclosures, short sales, credit card debts, auto loans medical bills, etc, all that will reach it's statute of limitations for credit reporting under the Fair Credit Reporting act in 2018. But what exactly is the statue of limitations, and can it be reset? What if the debt collector sells it off to another debt collector? What if you dispute it, can that reset it? The questions and scenearios are limitless and we go deep into the topic of the seven year statute to explain all the nuances of the most misunderstood credit reporting myth! The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.  Watch the show on YouTube: The Extra Credit Show Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.  Facebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com  Contact: TheExtraCreditShow@gmail.com 

Two Veteran Credit Repair Experts, and Ex-Debt Collectors go in detail about the nuances of building your credit score and credit history. Learn exactly the steps to take and products to obtain to build your credit history the right way. The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc.  Take a listen and gain some insight from our long time experience in consumer credit.   View the show on YouTube: The Extra Credit Show https://www.youtube.com/channel/UCTetBm7OTGpocltJKlKAixQ Facebook: www.facebook.com/theExtraCreditShow Web: www.TheExtraCreditShow.com  

Have you ever heard these words: "This is an attempt to collect a debt, and any information obtained will be used for that purpose..." ? What Rights do you REALLY have, and how do you exercise them? Two Veteran Credit Repair Experts, and Ex-Debt Collectors, discuss Debt Collection Agencies and how to effectively deal with them.  The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. Take a listen and gain some insight from our long time experience in consumer credit.

Veteran Credit Repair and Consumer Credit Experts discuss the truth about the Debt Consolidation Process and how companies can take advantage of consumers who find themselves desperate for debt help. We also comment on the lawsuit filed by the CFPB against Freedom Debt Relief.   Listen as a podcast on iTunes, Google Play and SoundCloud - www.TheExtraCreditShow.com www.facebook.com/TheExtraCreditShow