Defeat Debt with Credit Advisors - April 2000
If you MUST make a
change to your EFT, please send WRITTEN NOTICE to us at least TEN
days before the pull date.
Our fax number is 402-393-4141.
After faxing wait 30 minutes then call your account manager to make
sure your fax was received.
April money order or Western
Union payments must be in our office by 10 AM April 21st to be
processed for end of month payment. NO
personal checks, thank you!
Your client # is listed on your statement. If a creditor calls you, tell them you are now with a credit counseling agency. Give them your client number and the name of your account manager. Do not give creditors the toll free numbers! Give them 402-393-3100.
Some of your creditors will
continue to add interest, late fees or service charges.
It is important that you consider your payment to Credit Advisors
as a minimum payment. Therefore,
your creditors receive only a minimum payment.
Please increase your payment amount to Credit Advisors ASAP.
These extra funds can be sent
as a money order or cashiers check.
Better still, are you able to fax an authorization to increase your
regular EFT? This written
authorization must be received ten days before the pull date.
All additional funds to your creditors should be processed through your account manager so creditors know you are still on the program. If you have questions, call your account manager!
If you are paying only the minimum (2%) on your
credit cards and you owe $3,000 on a card that charges an 18% annual
percentage rate, it will take you 26 years to pay and youll pay $6,862
Last year Americans charged more than $1 trillion
on credit cards. This means
they spent more than $60 billion in interest.
If you buy on the assumption you will make more money in the future
you are gambling on your financial future! More
than 1 million people filed for bankruptcy last year.
Many phone companies act
as billing agents for hundreds of small service providers, most are
legitimate. With the increase
in telecom services it is possible to have local calls, long distance
calls, Internet service, etc. all on the same bill.
Review your statement to make sure you recognize all
the charges. Many times the
illegitimate charges are within $3. This
makes it easy to overlook and just pay the bill.
These bad guys may have charged 50,000 people $3, leading to a tidy
sum of money!
Look for charges for
caller-ID, paging, wake-up services, voicemail, etc.
Call the billing company if you have questions.
If the charge is invalid, the local phone company will probably
remove the charge. Dont
stop there! Register a
complaint with the FCC and FTC to help put these people out of business.
Local phone companies may
allow you to block all miscellaneous charges billed to you. They may also block calls to 900 numbers, often a sources for
the illegitimate charges! Let
them help you stop these problems before they start.
Credit Report Repeat . . .
Credit Advisors will pull credit reports through Credit Data for all active clients. Reports will be pulled every quarter. This will help us monitor your credit report for errors during the course of your consolidation program.