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IN THIS ISSUE #146 |
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Publisher:
Scott Bilker |
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Editor:
Larissa S. Bilker |
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Assistant
Editor: Denise Troy |
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ISSN
1538-6740 |
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Household Debt Not So Bad |
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25.1% of American
households have no credit cards at all--no bank
cards, no retail cards, nothing.
Another 31.5% of the
households the Fed surveyed paid off their most
recent credit card bills in full.
So together, the
households that owed nothing on credit cards
equaled 56.5% of the total. |
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Freedom Debt Relief |
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Raise your credit score! Learn how
to fight back against those who are making your life
difficult--and holding you back! |
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Credit Secrets Bible |
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Raise your credit score! Learn how
to fight back against those who are making your life
difficult--and holding you back! |
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Letter from the Publisher
by Scott Bilker
first_name,
I want to share an email with you that I
recieved from Kiley about her results with my book,
Talk Your Way Out of Credit Card Debt.
"Scott, I want to let you know the
results of my settlement negotiations. The process took a few weeks as I
worked on settling seven cards. The best deal I got was 25% on one
balance. The least favorable was a 55% payoff. It was a matter of being
persistent, patient and calm. Some collectors were very hard line in the
beginning, but as they saw I was serious they started to bend. I squared
everything away on the last day of February. Perhaps the timing worked
to my advantage. In a nutshell, I paid 39% of my total debt. My original
balance was $32,450.15 and I wound up paying $12,796.57. The pages on
settlement negotiation in your book gave me the idea that YES, it is
possible to make this happen. I felt some power over a situation that
had spiraled out of control. Now, I have one much smaller payment to
make each month, and I feel that the situation is under control. While, I
would have preferred to pay everything in full, it became apparent that
unless I had a windfall this would be a very long road. Now, I'm on the
road to financial recovery. Thanks for the book and for taking the time
last month to personally correspond with me."--Kiley
Of course, negotiating settlements is not
for everyone. There are companies that can help you deal with the banks.
If you're thinking about debt settlement, you may want to check out
Freedom Debt Relief. See what their deal is in your case and
weigh that as one of your options.
The bottom line is that Kiley's story
illustrates the power we have to take control and get results! You can
do it yourself!
Best,
Scott
I've been gouged for $99! Are bank charges negotiable?
by Scott BilkerHi Scott,
This just happened to me in the last few
weeks.
I spoke to my bank (Bank of America aka
BOA) about overdraft protection, which they said was a free service. I
agreed to sign up for it. My overdraft protection is linked to our Visa
card with BOA.
I wrote a check, which would have caused
an overdraft, but since I had the overdraft protection, they took out 3k
on our Visa account. Now we got the bill from Visa, which has both a
transaction fee finance charge of $99.00 and a periodic rate finance
charge (I suppose that's on the 3k we borrowed).
My question is: Is this a charge that I
might successfully have waived? Or shall I resign myself to paying. If
it is fightable, any tips on what I might say to them?
Thanks in advance!
Marv
Finish Reading Article
"That's $107.00 a month saving for 4 months!"
"Your books arrived and I didn't even get to
read them all before I called my first credit card company. I just
briefly glanced at the variety of scripts under calling credit card
companies and then I called. I mentioned to the first operator that I
received an offer for 5.9% and that I would like to have my interest
rate lowered. She came back with 'the only special I have right now is
0% for 4 months.' I said, 'I'll take it.' That's $107.00 a month saving
for 4 months!
My second call I was transferred to the
'Account Specialist' (it helped knowing from the scripts in your book
this could happen!). This gentleman was a very fast, smooth talker. I
told him about the 5.9% offer and he came back with yes I paid promptly,
on time, but I hadn't used the account often enough so I only got 2 out
of 3--not enough to get the interest lowered. He did offer to reimburse
the annual fee of $49.00, which I did take. He said I would now be
included for upcoming special offers. Not bad for a 1/2 hours work!
Thanks Scott. I look forward to reading
the rest of the books for more great ideas."
—Judy Davidson, Ontario
Read about special offer for all three of Scott Bilker's best-selling books
Is your credit score costing you a fortune?
by Jay Peters
While some surveys show that 9 out of 10
consumers are unaware what their credit score is, I'd like to quickly
share with you how your credit score could be costing you a fortune… in
more ways than you can imagine.
We all know a low credit score will make
everything in the world of finance more expensive because of higher
interest rates from lenders due to being considered a greater credit
risk (i.e. higher interest rates on car, homes and credit cards). While
this may be considered common knowledge by some, its truly devastating
effects are understood by few.
For example...
Finish reading article
Household Math™: Cash Flow
by Scott
BilkerKim is trying to save $800
for tuition. She brings home $60 per week. Kim also has a total of $160
out-of-pocket expenses each month. How many months will it take her to
save the money needed for tuition?
Answer this problem
Stop Debt Collectors Cold!
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Stop Debt Collectors Cold! Plus, for a
limited time, 4 bonus reports: |
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--> How to Get Collection
Accounts Off Your Credit Report |
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--> How to Avoid Losing Your Home
In A Foreclosure |
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--> What to Do if You Are Behind
on Your Car Payments |
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--> Confidential Interview With A
Former Debt Collector |
Read about stopping debt collectors
How Do You Want To Live?
by Scott
BilkerPeople always ask kids,
"What do you want to do/be when you grow up?" I'm sure you remember the
question well. A fireman, policeman, scientist, doctor, social worker,
teacher, superhero, etc. are some popular answers.
The truth is that people have many
interests and talents. Someone may be just as happy being a lawyer as a
teacher. That's why I believe the better question to ask is "How do you
want to live?" Do you want to live in a mansion or a shack? Do you want
a chauffer or bicycle? Do you want to live in the city, country, on a
farm, an apartment?
Finish Reading Article
More credit, more options!
Credit options are your weapon
against the banks! The key to success is using your credit lines
to save money--not to go crazy spending!
Credit Secrets Bible
by The
Consumer Publishing GroupThe Credit Secrets Bible contains
more step-by-step, easy-to-learn, easy-to-use insider consumer credit
secrets than any other home study course on the market. In fact, the
information in the Credit Secrets Bible is so powerful, we have to
disclose to you upfront that it is sold for informational purposes only.
If you don't already know, I'll be the
first to tell you... banks, finance companies, bill collectors and
credit card companies are some of the BIGGEST crooks in the world. If
you don't know the secrets contained in the Credit Secrets Bible,
you will pay tens of thousands of hard-earned dollars in extra bills,
interest and fees, etc. Your money will be wasted (down the drain) for no
reason other than you don't own the Credit Secrets Bible home study
course.
Banks and other institutions who take
your money, ruin your credit or deny you the money you need are very
powerful. They make a business out of hurting people like you to make
more money for themselves. And, the more they hurt you financially, the
more powerful they become. But they won't be able to hurt you anymore!
With the Credit Secrets Bible, I'll show you how to stop them dead
in their tracks!
Read more
about The Credit Secrets Bible...
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