Credit Sesame Review

Credit Sesame Review

Credit Sesame is a credit, debt, and loan management platform that providesCredit Sesame Financial Analysis and Online Tools 100% free credit scores, credit monitoring, credit report card, identity theft protection, and saving recommendations. They have been in business since 2010, and from that time on have been helping consumers repair their credit.

Credit Sesame is BBB (Better Business Bureau) certified and has been featured in The Wall Street Journal, Today, and The New York Times.

Credit Sesame Review
  • Price
  • Usability
  • Support
  • Website
5

Available Products

Credit Sesame provides a full suite of credit features so that you can keep track of your credit standing. These services do not require any trials, credit cards, or commitments. The products that are available are:

  • Free Credit Monitoring – Real-time daily alerts sent by text or email if changes occur on your credit reports as soon as they happen to help deter identity theft or errors on your credit reports, helping you improve your overall credit score and financial health.
  • Free Monthly Credit Score – Monthly credit scores and debts from Transunion VantageScore, compiled with advanced analytics to customize recommendations on credit cards and loans. This gives you a look at your overall financial picture with objective savings recommendations for your debts.
  • Free Credit Report Card – Full credit report card analysis which tracks your credit accounts, debts and a complete, comprehensive look at your credit activity.
  • Free Identity Theft Protection – $50,000 in identity theft insurance and live support to guide you through the identity restoration process.

In addition to the features above you can download the Credit Sesame mobile app to receive the real-time notifications that are available. Credit Sesame also provides financial tools and personalized recommendations to help you save money on accounts that are on your credit profile.

==>Click Here to Start Monitoring Your Credit Now<==

Additional Benefits

Credit Sesame is also a financial advising center that provides ways to save money on a home, auto, credit cards, and loans. There are also credit cards options that are aligned with your credit rating, home value estimates, and trending graphs that monitor your savings and are easy to use. These benefits include:

  • Mortgage Loan Research Center – Analytics engine that compares debt and credit score profile to match you with best mortgage options and rates.
  • Mortgage Calculator – Provides a visual projection of potential home loansFinancial Services rates; information about loan details must be input into the mortgage calculator.
  • Auto Loan Rates – Provides information on the blog and how to improve your credit so that you can land a great interest rate.
  • Auto Insurance – Rate provider tool matches you with the best rates and providers that match your needs.
  • Free Credit Strategy
  • Student and Personal Loans – Different loan options for repayment or refinance with different payment plans for all situations.
  • CD Rates
  • Savings Accounts – Information on different saving methods.

In addition to free services, Credit Sesame also provides premium services for those that want extra protection which consists of a full spectrum of credit monitoring from all 3 credit bureaus. Premium services include:

  • Unlimited Daily Credit Score Updates
  • Downloadable Monthly Credit Report
  • Social Security Number Monitoring
  • $1,000,000 Identity Theft Insurance
  • Dispute Resolution 24/7 Live Help

The premium services offered correspond to the regular products with their being 4 differences; the amount of identity theft protection doubles from $50,000 to $1,000,000, credit score updates are unlimited instead of 1/month, social security number monitoring, the credit score updates are from all 3 credit bureaus instead of only Transunion.

Support

The Credit Sesame support platform consists of:

  • Q & A Forum – Hosted by financial experts that you can trust in a secure environment enabling categorical searches such as credit score, insurance, credit cards, loans, and mortgage.
  • FAQ Section – Includes troubleshooting, credit questions, advice and recommendations, general questions and debts questions.
  • Email Support – When all else fails you can ask your questions directly and get your response from their credit experts.
  • Credit Sesame Expert Corner – Latest expert advice and commentary from their expert John Ulzheimer who was formerly employed with FICO and Equifax. His advice has been published 3000+ times in materials like CBS MoneyWatch, Forbes, Bankrate, TIME, Yahoo Finance and more.
  • Blog – Includes guides on mortgage down payments, student loans and defaults, personal/business credit, and credit score information.

With these services, you have a platform that will give you immediate access to the answers that you are needing exactly when you need them.

And the Verdict Is…

Credit Sesame is a great platform that provides your credit and debt information in one location. Not only do they provide you with the necessary tools to successfully monitor and improve your credit; they also give you the tools to help you on your journey to financial freedom. There is also a blog filled with a plethora of credit and financial information and a Q&A platform with answers from financial experts to help you along the way. Don’t wait for a second longer! Click here or on the picture below to get started on your road to financial independence!

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How to Rebuild Credit After Bankruptcy

How to Rebuild Credit After Bankruptcy

After you file bankruptcy your credit score initially takes a negative turn as there are many debts that were not getting paid and getting reported as delinquent. In addition to this bankruptcy can be reported on your credit report for up to 10 years. Filing a Chapter 7 bankruptcy wipes out all your debt it does not clean up your credit report. There are steps that need to be taken to ensure that your credit score is restored. In some extreme cases, filing bankruptcy can lower your credit score as much as 240 points. I have listed a few tips that will help you rebuild credit after bankruptcy.

Review your credit reportsSign up for free credit sesame credit score id protection with no credit card required

Get copies of your credit reports from all three credit bureaus; Experian, Transunion, and Equifax. You are entitled to one free credit report yearly; you may acquire all three from Annual Credit Report at https://www.annualcreditreport…. You may also get all three credit reports from MyFico.com and Credit Sesame. Check out my review for MyFico.com by clicking here. You can also click here for my Credit Sesame review.

MyFico.com has a credit monitoring service with alert settings that notify you of any changes to your credit reports the instant that they happen and can be sent by text to your phone or email.

Credit Sesame also has free credit scores, free credit monitoring, and free identity protection. After you get your credit reports, review them for any errors; incorrect names and addresses,  or accounts not belonging to you.

Ensure that the accounts that were included in the bankruptcy filing are not present.

FICO Scores that Lenders Use

Dispute Inaccurate Information

If there are errors that need to be disputed on your credit reports, you need to do so with all three credit bureaus. To dispute any inaccurate information you must send in a dispute letter, you can use this template on the FTC (Federal Trade Commission) website https://www.consumer.ftc.gov/articles/0384-sample-letter-disputing-errors-your-credit-report .

Make sure you keep a copySeal of the Federal Trade Commission of the United States of America for yourself and send this letter to the recipient by certified mail with a return receipt request; this way you have proof that the creditor has received your correspondence and you have a date of receipt on record.

The creditor has 30 days to respond. If you don’t hear from them the credit bureau will be forced to remove the item(s) from your credit reports.

Open a Secured Credit Card Account

A quick and easy way to get a boost to your credit score after your bankruptcy is discharged is to open a secured credit card account. The process is very simple.

All you need to do is go to the bank or credit card company of your choice and complete an application for a secured credit card account. Next, you will need to make a deposit into an account that is specifically for the credit card balance.

The credit line that you receive is usually 50% to 100% of the initial deposit. I strongly suggest that you choose a credit card company that will make your credit line equal to the amount of your deposit.

Secured credit cards are like traditional credit cards in that they also charge interest on the existing balance. The interest rate can range from 15% to 23%. There is also an annual fee and in some cases an application and processingsecured credit cards fee.

You will want to compare rates and fees prior to making your decision on which credit card company to get your card with. A great place to do this is at CreditCards.com.

CreditCards.com has options for many types of credit cards and you can compare them by the benefits they provide. There is also a side-by-side comparison tool, so you can weigh the pros and cons of each credit card’s features.

Most importantly, you need to make sure that the credit card company reports your credit limits and payments to all 3 major credit card bureaus; Experian, Equifax, and Transunion. Also, make sure that the credit card that you choose doesn’t report that the card is secured and offers periodic credit limit increases.

Pay your bills on time

It goes without saying that paying your bills on time has a high impact on your credit score. Your payment history accounts for 35% of your credit score. Even one late payment can have a drastic impact on your credit score sopay your bills here ensure that your payments are all made on time.

Following these few steps will help you to restore your credit after you have filed your bankruptcy. Don’t forget to create a budget and stick to it. You need your bills to be paid on time to keep your credit score points from decreasing. These steps are relatively easy and can be done on your own. No attorney is needed. If you have any further questions or you need clarification of any kind, please feel free to email me at shwana@yourcreditrestoredfast.com or you may comment below. Good luck!

New Credit Report Changes

There are more changes on the horizon for consumers’ credit reports. Effective September 15th the three major credit reporting agencies – Experian, Transunion, and Equifax – will have a 180-day waiting period prior to including medical debts on credit reports. This will allow for more than enough time for any delayed payments and disputes with insurers to be resolved.

In addition to the six-month reporting delay, the three national credit bureaus will delete medical bills off consumer credit reports when payments are being received by the insurer. Currently, paid and unpaid medical bills are reported and cannot be removed from consumer credit reports until the seven-year period is over. Although, there are some credit scoring models that don’t penalize paid medical debts regardless of the source.

According to the CFPB (Consumer Finance Protection Bureau) 2014 study over half of all debt that appears on credit reports are medical expenditures; for 15 million consumers, medical debts were the only derogatory items on their credit reports. This is a staggering number. This new change is great news for many consumers as this will undoubtedly cause an increase on credit reports nationwide.

If you haven’t pulled any of your credit reports recently now would be the time to do so. You can access all three of your credit reports and continuously monitor them at the following: Nav, MyFreeScoreNow.com and MyFico.

Nav

Nav is the first online platform that consolidates personal and business credit monitoring and reporting. They also provide 24/7 alerts, ID theft protection and credit monitoring. Nav provides great resources for businesses as well as individuals with personalized profile options. Experian, Equifax and Transunion reports are accessible with their service.

MyFreeScoreNow.com

MyFreeScoreNow.com is an industry leader in providing free credit scores and score report, access to ScoreTracker and email alerts. They also provide identity theft protection along with a free 7-day trial. MyFreeScoreNow.com provide excellent educational resources for their customers such as a blog, ABC’s of Credit and Bureau Basics. These resources give you more detailed information on the factors that impact your credit score to help you manage it better. Experian, Equifax and Transunion reports are accessible with their service.

MyFico

MyFico is a leading expert in providing credit reports, scores and resources to consumers online. They provide 28 of the most widely used FICO scores that 90% of top lenders use for mortgage, auto and credit card lending. MyFico provides a community of financial and credit information for its users, savings and credit cards and goal setting calculators. Experian, Equifax and Transunion reports are accessible with their service.

If you have any further questions about the September 15th changes or any of the resources that I have mentioned above please feel free to ask.

New Credit Score Law

The three major credit score bureaus Experian, Transunion and Equifax are going to be held to a new standard effective July 1, 2017 that will benefit consumers in the United States. The new change was implemented following a report that was released by the Consumer Financial Protection Bureau regarding issues with credit reporting companies resulting in reporting changes that actual help consumers.

The change will be reflected on your credit reports; it is called the National Consumer Assistance Plan. Under this program the three national reporting agencies; Experian, Transunion and Equifax, will be removing tax liens and judgements. It has been estimated by FICO that about 7 percent of the population’s credit reports will be affected by this change. This equates to approximately 96% of civil judgements and about half of all tax liens.

This will result in up to a 20-point increase on the credit reports that are   affected.  This is great news for those that have been negatively impacted by these types of items on their credit reports. It will make it easier to borrow for those with lower scores. Additionally, it will lower interest rates for credit cards, mortgages and car loans.

There is also a downside to this new change. Since more borrowers will qualify for loans that they previously were denied interest rates will rise; lenders will  need to do this because of the additional risk that more borrowers bring. There are also other potential scenarios; your scores may stay the same or your scores may decrease.

 

If your credit report consists of various derogatory entries which include multiple late payments or collections accounts you may not see any change in your credit score immediately. However, you may see an increase in your scores when the other derogatory items start to drop off your credit reports so in this case the positive impact will be a delayed one.

The other potential scenario that the National Consumer Assistance Plan may cause credit scores to decrease. This scenario is highly unlikely for most credit reports. However, this may hold true for those that have very little information reported on their credit reports except for this negative information.

To monitor and verify whether these items have been removed from your own credit report you must be able to access it. You can do so online, there are many great resources available.  The Nav website is a great place to monitor your credit and it also provides you with the most up-to-date credit changes and information. As always you can also access your credit reports at any one of the three major credit bureaus; Experian, Equifax or Transunion. If you have any further questions feel free to do so below.

Restore Your Own Credit

To restore your own credit, you will need some great resources at your disposal for step-by-step instructions; thankfully today we have the world wide web. In addition to the internet, there are publications that have tips, techniques and dispute letter templates that you can use to get the negative or erroneous items on your credit reports removed.

Below I have outlined a few options that will guide you step-by-step through the credit repair process.

Hidden Credit Repair Secrets: Step-by-Step 6 Letter Dispute Plan Included

If you prefer to restore your credit on your own I recommend Hidden Credit Repair Secrets: Step-by-Step 6 Letter Dispute Plan Included. This book has over 204 positive reviews and is a very small investment that comes with a very large return, an excellent credit score. Hidden Credit Repair Secrets also includes the dispute letters needed to get your negative reported items removed off your credit. Buying options for this product are new/used paperback, Kindle and Audiobook from Audible.

Legal Loopholes: Credit Repair Tactics Exposed 

This book was written by Charles Dickens who is an entrepreneur, motivational speaker and legal strategist. He has helped many regain their financial freedom and improve their overall creditworthiness. Legal Loopholes will help you remove negative items on your credit report that are negatively affecting your credit score; accurate and inaccurate alike. The techniques used by the author increased his credit score over 100 points within 30 days. Included in this paperback are little-known legal provisions that assist with your credit restoration. Buying options for this product are new/used paperback and Kindle.

How to Remove ALL Negative Items from your Credit Report: Do It Yourself Guide to Dramatically Increase Your Credit Rating

This is a simple step-by-step guide which aids in the removal of all derogatory items even if they belong to you. How to Remove ALL Negative Items from your Credit Report has a 4.5 out of 5 stars rating with over 501 customer reviews! You can purchase this as a new/used paperback or for Kindle.

Repair Your Credit Like the Pros: How credit Attorneys and Certified Consultants Legally Delete Dad Credit and Restore your Good Name

This book has a 4.8 out of 5 stars review with over 162 reviews. You  will be able to repair your own credit like certified consultants and lawyers. This is the 2017 expanded edition so you will have access to the most updated techniques. The author has her own financial website and has been featured in Forbes, Businessweek and The New York Times.

These are just a few options that I found to have crucial information and techniques to help those that are wanting to get started with getting your credit back on track. The steps and instructions are easy to follow and the authors are credible and professionals within their respective fields. These resources are very reasonably priced. If you have any further questions or comments feel free to leave them below.

The Credit Pros Review

Overall Ranking: 9 out of 10
Price: $50-$279
Owners: Damon DeCrescent and Jason M Kaplan Esq
Website: https://thecreditpros.com

The Credit Pros is a financial technology firm that specializes in credit repair services for the public. They have an A+ rating with the BBB (Better Business Bureau) and have been ranked by Inc Magazine as one of Americas 5000 fastest growing companies for the past 2 years. The Credit pros focus’ is on getting erroneous, unverified and inaccurate information removed from your credit reports. The Credit Pros also offer free credit consultations to educate their clients.

PROS/CONS

The Credit Pros are dedicated to getting items removed that are negatively affecting your credit score; such as past due accounts. On their website, you can find many positive reviews and testimonials which is always a plus. Basically, if you don’t feel like putting the work in on your own to increase your credit score this service seems like a good fit. Since the first step to increasing your credit score is to get the erroneous items removed this service can be invaluable to some. They offer a free consultation so you can be updated on your financial and credit standing. Most importantly, there is a 90-day money back guarantee in conjunction with the ability to cancel their service at any time. If they fail to have erroneous items removed within 90 days they will issue a full refund.

On the other hand, the guarantee does not define whether they will return your money if you want to cancel and items have been removed. This leaves a pretty big loophole which makes me a little nervous. The money back guarantees also do not state if partial month refunds are given. Another issue that I have with The Credit Pros is the cost of the service; I believe that they could provide their service for a more reasonable price.

WHO IT IS FOR                                                  

Those that will benefit most from the use of this product would be beginners, individuals that are just starting out and becoming comfortable with their credit. Sure, even those that are well versed and educated with their credit and the laws that protect them can benefit from this service but in my opinion, the value just isn’t there for those that are comfortable enough to complete the necessary steps to repair their own credit.

TRAINING/TOOLS OVERVIEW

Included with their services you get one-on-one consultations with a Certified FICO© professional, unlimited disputes, debt validation letters to creditors, goodwill letters to creditors, cease and desist letters to collection agencies and 24/7 access to your client portal.

There is also unlimited access to their blog which is filled with valuable information. This information includes updates to many types of credit information and laws. In my opinion, this information is invaluable.

==>Click Here Now to Get Started with The Credit Pros<==

SUPPORT                       

The Credit Pros can be contacted by telephone between 9am-8pm EST Monday – Friday and they have an email where you can submit your comments and questions. The phone number on the website is manned by the credit repair specialists.

PRICE

The Credit Pros’ Pay for Results plan is $179 for individuals and $279 for couples, this is just the first down payment. In addition to the initial payments, for every item removed that they confirm has been deleted from your credit report they bill you an additional $50 per each item per each bureau. If the deletion is a public record $75 will be billed per item per bureau.

As you can see depending on the number of items removed from your credit reports this number can vary. On their website, they say that the $179 or $279 is the first payment but it is not clear whether there will be additional payments monthly,

And The Verdict Is…

In summary, The Credit Pros is a great resource and I would recommend this service to those that are new to the credit repair arena or those that do not have the time to dedicate to repairing their own credit.

You will need money to pay for this service, but an excellent credit score is worth it. The small investment that you make towards restoring your credit will be earned almost immediately.

Based on all the testimonials and excellent reviews that this company has it is no doubt a great investment. The money that you will save when you have a higher credit score on interest rates and other credit offers is well worth the amount of money that you need to invest in the Credit Pro’s service.

To get started on your way to a better credit score click here now. If you have any further questions or comments feel free to leave them below.

How to Increase Credit Score Immediately

When it comes to credit, there are many tricks that can help you on your road to credit recovery. There is one quick way to repair your credit that is guaranteed to increase your score at least 50 or more points in just one month. When I started repairing my own credit this was the very first tip that I tried, and my credit score increased 106 points in just one month with all 3 credit bureaus.

Having a friend or family member add you as an authorized user on a couple of credit cards is the fastest ways to increase your credit score. The reason why is that it increases the amount of available credit in the credit utilization category which is weighted at 30%. Credit cards fall under your revolving credit which has a high impact on your credit score.

It is very important that the person that you ask to do this is responsible when it comes to their credit. You don’t want to ask someone to do this who tends to max out their credit cards. As an authorized user on another’s credit cards just as you will inherit the good credit reporting you can also inherit the bad. If the credit card is maxed out you can easily drop down well over 100 points within a month. When using this strategy, you must be careful on who you chose.

Being added as an authorized user on another’s credit card also can improve your credit score immediately because you inherit the length of time the cards have been active. This attributes to about 10% of your credit score for the length of your credit history. If the cards have been opened for many years your credit history will date back that far.

In conclusion, if you have someone that is willing to add you as an authorized user it is one of the easiest ways to boost your credit score by 100 points or more. That will depend on the credit limit and the amount of money charged on the card. If it is less than 30% it will be a positive impact on your credit. If you have any comments or questions please feel free to comment below.

Disputing Inaccurate Items on Your Credit Reports

So now that you have your credit reports in front of you action needs to be taken to clean up the report. Getting your credit repaired fast requires that you do not procrastinate.

Examine all entries and accounts on your reports; any items that have errors with your name, debt amounts, incorrect addresses or any information that you just don’t recognize needs to be disputed.

Beneath each account entry there should be a dispute link which you can click on. It will take you to another page where you will input the reason for the dispute and then click submit.

It really is that simple. What happens next is that the credit bureaus will do their investigation and respond back to you within 30 days with their determination. This process can easily improve your credit score by 100 points, it did for mine. If you have any questions, opinions or comments please leave feedback at my website yourcreditrestoredfast.com .

 

Analyze your Reports

Getting your credit repaired fast requires that you focus on the things that you can change. To do this, you need to have all three credit reports in hand so you know what you are working with. You will also need a pen.

I am going to briefly go over what to do with your credit reports that you pull from the three credit bureaus: Experian, Transunion and Equifax. First, separate the items by the length of time that they are delinquent 30, 60 and 90 days.

If you have items that are generally paid on time but have no more than 1 overdue payment mark these as goodwill. You need to contact these creditors by mail with a request to remove the overdue payment as a favor. This is known as a goodwill letter.

You will need to submit a different type of letter request for the items that you marked with 30, 60 and 90 days. You will be submitting investigative requests for these items. The creditors and/or collection agencies have 30 days to respond to your requests and verify that these items are valid. If they do not you may then submit a dispute to the credit bureaus to have these items removed from your credit reports. Again, if you need any clarification let me know.

Getting Started

Restoring your credit fast takes dedication and can be done with the help of a professional or you can choose to do it yourself. The first step to repairing your credit fast is to pull your credit reports from all 3 credit bureaus; Experian, Transunion, and Equifax. You can do this for free one time a year at annualcreditreport.com.

Once you have your credit reports print them out so you can review them. Anything that is on your credit report that is unfamiliar can be disputed and more than likely removed if it cannot be verified as belonging to you.

Don’t procrastinate, that is our worst enemy. If you have any questions please ask, I will be more than happy to help.