Ethnical disparities in America

Posted on May 22, 2012 by Administrator

You can look at this article (Huffington Post) as unjust and advocate anger but in all actuality, it’s our lack of education. Everything listed in this report are facts and derives from lack of financial clarity. Minorities have to understand how wealth can be easily created, transferred, maintained and grown. After reading this article the answers are simple.

You need a good accountant, 15 year mortgage, life insurance, retirement plans, a living will & trust, and most of all, a new actualization of what wealth looks like.

There is such a disparity, not because of talent but because a lack of education and knowing how to leverage wealth. We provide comprehensive courses and strategies to help families create the american dream.

Never mind there may be discrimination in hiring, promotions or equal pay for equal work. It is important; but nothing is more important than learning how to manage what you currently have, execrating interest, what terms you get on a loan. All of America can do better with preparation for financial success, we just have to think as a bank instead of a consumer.

Good credit is key to your success, not having good credit is the formula for deeper disparity in financial recovery. There’s life after bad credit, bankruptcy or anything else, we just have to commit to the thinking.

Read the article below…

White Families Now $95K Richer Than African-American Families On Average, According To New Study

How to Connect With NCES via Email, RSS & Social Media

Posted on May 2, 2012 by Administrator

National Credit Educational Services (NCES) has grown immensely since its humble beginnings in 1996. As we continue to move from a niche blog to a full-fledged credit education site, the topics we cover and the ways readers connect with us are changing.

You can now find National Credit Educational Services (NCES) articles under five channels: Social Media, Finance, Business and US & World. Each has a set of subtopics, such as Advertising and Startups under Business, so you can dive deeper into more specific coverage areas.

With this restructuring of National Credit Educational Services (NCES) content comes a change in our presence on the social web. While many readers visit the website directly or subscribe to our RSS feed, others prefer to read news via daily emails or Twitter and Facebook pages. Now that we’ve aligned our social accounts to match our new site topics, we thought we’d let you know how to find us however works best for you.

Shelia A. – GA

Posted on April 30, 2012 by Administrator

I have persistently tried to update and remove a collection item, from my credit report for the last year, as well as used the services of a credit repair company without getting positive results.

My New Car – Shelia A.

In January 2012, I was in need of a new car. The 17 year old car I was driving had started to give me some major problems. I went looking for a car, though extremely apprehensive about applying for a loan due to the fact I knew my scores were in the low to mid 500 ranges. I was indeed turned down by the dealerships lender for a loan , and advised that I needed to establish some new positive credit.

I later called an attorney to seek his professional help with removing the collection agency from my credit report . We discussed the account that was being reported negatively and the cost and length of time it might take to fight this well known collection agency. Fortunately for me, the attorney also highly recommended the services of George Cole with NCES as an option that I might consider. I weighed my options and after several conversations with the very knowledgeable Mr. Cole, I signed up for NCES credit restoration. The information that George shared with me in regards to credit restoration and the wealth of financial information has been invaluable. His sincerity and professionalism has been impeccable to say the least.

To my surprise, after just 20 days (the first round) I got my first response back from the bureaus. I checked my updated scores online and all my scores had gone up to close to 100 points. I was ecstatic! That very weekend I purchased a new car with the same car dealership that had previously turned me down. I now feel 100% better about reaching some of my financial goals in a shorter length of time due to the positive results and knowledge I have received from Mr. Cole and his staff.

Call National Credit Educational Services , NOW to pursue your dreams….. You will not regret it!!!

Shelia A. – GA

4 Credit Cards For So-So Credit

Posted on April 30, 2012 by Administrator

Here is some great information for anyone that is looking to rebuilding their line of credit. This article was featured on MSN Money and offers very good information on the type of credit cards that people with so-so credit can apply for.

Premium rewards cards and low annual percentage rates are typically reserved for the credit elite, but growing competition has led many issuers to widen their target market. That means that credit card holders with so-so credit — scores between 650 and 699 — don’t need to resort to using a subprime product to improve their score. MainStreet talked to experts to find out which cards offer the best terms for these cardholders.

1. Capital One No Hassles Cash Rewards Card This Capital One card is notable for its rewards program, which offers 2% cash back on gas and groceries and 1% cash back on all purchases made by cardholders. The card does carry a variable APR of 17.9% to 22.9% and a $39 annual fee, but Beverly Harzog, a credit card expert with Credit.com , says that’s reasonable for a rewards card in this category.

2. Orchard Bank Secured Card If it’s a low-interest card you’re after, you might want to sign up for Orchard Bank’s secured card, which features an APR of 7.99%. (Secured cards require customers to put down a sum of money upfront to cover the line of credit and thereby minimize the risk of default.) “That’s pretty low among all credit cards,” says Anisha Sekar, vice president of credit and debit products with credit card ranking site NerdWallet. The card carries a $35 annual fee, but it is waived for the first year.

3. Visa Platinum Preferred Credit Card from Associated Credit Union Another option for people not interested in paying a skyhigh interest rate is this Visa card from Atlanta-based Associated Credit Union, which allows new members to apply online. According to Sekar, those with a FICO score higher than 680 can qualify for a fixed 9.9% APR offered by the credit union, while those with a score of 600 will qualify for a 12% fixed APR.

Find a better credit card

Additionally, the card carries no annual fee, and there is no charge for balance transfers.

4. Journey Student Rewards Card from Capital One “This is a good card for students working on their credit,” Harzog says, explaining that it allows cardholders to earn extra rewards when they use the card wisely. Students get 1% cash back on all purchases, but get a 25% bonus on their cash-back rewards each month when they pay their bills on time. The card carries no annual fee but features a high APR at 19.8%.

Karlene F. – CA

Posted on April 30, 2012 by Administrator

To George and the entire NCES Team,

I had to take a moment and give all of you a shout out before I shout out over the rooftops-You all ROCK! A good friend of mine had heard about your Company over a year ago and like most of us, I had some hard knocks that hit my credit and took my score from a proud 750 to a low 610.

After hearing about your Company, I got excited but naturally I was a little skeptical as there are many Companies out there claiming to help you change your score and fix your credit, most of them are very expensive and with no results. I decided I had nothing to lose but to at least call the Company and inquire, after speaking with George I really felt I was in good hands and decided to give you a try, not to mention the price was very reasonable and pay ½ now and ½ later.

After just my 1 ^st round of you sending out my paperwork, my score has jumped from 610-612 to 662-665 and we still have 2 more rounds to good!!! Do I really need to say anything else…the numbers speak for themselves!

Thank you all so much, you are a blessing, I am looking forward to 800 in my near future!

Karlene F. Los Angeles, Ca.

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