JACKSONVILLE, Fla. — They change names and the schemes, but the bottom line is the same: Scammers are out to get your hard earned money. These are Ken Amaro’s top 10 scams to watch out for.

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Crash course on credit: A WAFF 48 News special report

A record number of Americans have “high risk” credit scores. Here’s some tips to help you get your finances back in order.

Read more on WAFF 48 News Huntsville

Repeat debtor must plan to save

Q. I had to file for bankruptcy in November 2009. The bad part is that I stupidly got myself back into some debt again. What do you think of debt management companies that you send money to each month and they pay a certain amount to creditors?

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Trying to increase your credit score? Here are the 3 best ways to improve any credit score.

Video Rating: 4 / 5

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Our very own Bankaholic Banker Alicia Lagan shares some great tips on how to raise your credit score (FICO).

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Understanding The Insider Techniques
“Credit repair” is simply the name given to the process of improving your credit score, and removing incorrect items from your credit report.

Insider Techniques involve strategies known as :-

The insider techniques tips are provided by Consumer Publishing Group, which publishes the Credit Secrets Bible (in print since 1994 and updated each year).

The Fact

United States citizens are rich with “buying power” but poor in the knowledge and financial intelligence that tell us how to use it. This might be why over half a million people (597,965) filed for Bankruptcy in 2006.

Most people don’t realize that they are “knowledge-poor” in the area of finances and credit until it’s too late. By the time most of us are aware that we lack financial intelligence, the damage has already been done. This is why understanding credit and credit-repair is so important. For many people, credit repair should be the first step that they take towards a better financial future.

Credit Secrets Bible’s insider techniques have helped hundreds to raise their credit score with simple action plan and tips.

DO YOU KNOW THAT…..?

The credit report banks and businesses get to see has about TWICE the financial information compared to the credit report you receive from the credit bureaus? That’s right. In most cases, the credit bureaus send a much more detailed report to businesses than they send to you. A bit deceiving, isn’t it?

This is why banks and businesses (except mortgage lenders) will NEVER give you a copy of “your” credit report. The credit system is full of “little secrets” like this. Most people find them frustrating.

Credit Secrets Bible will show you how to take each one of these secrets and use it to your advantage.

Tips #1 – LOWER DEBT TO CREDIT RATIO

“I have excellent credit, I pay all my bills off in full every month!” This is a false belief for one to buy into and understanding your debt to credit ratio holds the key to getting your “credit mindset” right.

For example, if you have ,000 in total unsecured revolving credit accounts and you’re currently in debt 00, then your debt to credit ratio is 25%. Since the main way lenders make money is by charging interest, one of the elements of the credit scoring model is driven by your ability to maintain balances and pay over time. This shows your true (long term) credit worthiness which is most profitable to lenders since they make money primarily via interest and not annual fees.

If your debt to credit ratio is high, you can bring it down without selling everything you own. The next tips will explain it.

Tips #2 -Sub Prime Merchandise Cards

Sub Prime Merchandise Cards can be used to increase high credit limit and decrease their debt to credit ratio. A lot of people misunderstand the benefit of this card due to marketers misrepresenting the cards and the growing number of companies promoting them. When you learn how they work one quickly understands why they have been the subject of much misrepresentation.

Credit Secret Bible have explain in details and here how it works: if you get a ,000 card and you finance 0, on your credit report it will look like any other credit card and will do three extremely important things for you.

i. It will increase your current “High Credit Limit” by ,000 almost overnight.

ii. By carrying a small outstanding balance it will positively impact your credit report by building and showing potential lenders your credit worthiness.

iii. With a good payment history you are virtually guaranteed to receive “legitimate” pre-approved credit offers in the future due to other lenders renting your name from the credit bureaus.

This technique is hard to beat for both cost and effectiveness. The whole key is knowing exactly which cards report to the credit bureau and offer the best rates.

Tips #3 – Piggybacking

Piggybacking is not used by nearly as many consumers as it should be. Although it is easy, effective, and extremely fast. Unfortunately, it’s mostly used among parents and siblings while those who can really benefit stay in the dark. You can easily benefit by being an “Authorized User” or “Secondary Account Holder”for a credit card holder.

For an example, if your fiancee holds a credit card with a ,000 limit which has been paid as agreed for the last 10 years, then that complete history will be posted to you if you are the authorized users’ credit report. As you can see, this strategy is usually only used by parents and their reaping credit wise! In fact, in recent years, due to its’ effectiveness, this technique has led individuals with excellent credit scores to “rent out” authorized user accounts on one or even multiple credit cards in return for a fee!

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A bank can refund late fees, but it can’t fix a credit score hurt by late payment of bills.

Read more on TheStreet.com

New car loan after bankruptcy?

Consider these factors before deciding to reaffirm a car loan or get a new one to repair credit.

Read more on Bankrate.com via Yahoo! Finance

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Coupon and money-saving expert (and mom of four) teaches in great detail how to get the most out of your grocery coupons each week, based on over 20 years of experience. Great resource for homemakers and shoppers in the U.s.

How to Organize and Get the Most Out of Grocery Coupons

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Fact: Increasing your credit score will save you thousands by lowering your monthly payments and interest rates. Why pay hundreds of dollars each month to do something you can do yourself?

Let us help you take control of your credit!

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Most Unique Up-To-Date Credit Repair+Credit Score Guide in the Uk! Refused Credit? Bankrupt? Need help? Speediest Path to Highest Credit Score. Just arrived in the Uk? Need to know how to get Finance/Credit? No problem, Step-by-Step Guide in Easy English!

Amazing Credit Score Secrets Revealed!

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New for 2010. Complete guide for Do-It-Yourself Credit Card Debt settlement, without the need for hiring a debt settlement company.

Do-It-Yourself Credit Card Debt Settlement Secrets

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Kenny Golde’s “The Do-It-Yourself Bailout” gives readers insider tips and secrets on how to call their banks and settled their credit card debt for pennies on the dollar. And it works. Readers have collectively settled nearly a million dollars in debt.

The Do-It-Yourself Debt Settlement. No Agency. No Fee.

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