The Extra Credit Show
Cell Phone Payment History & Removing Inquiries!

Cell Phone Payment History & Removing Inquiries!

September 7, 2018

We received a simple question from a listener that turned into a long conversation about CELL PHONE payment history and credit reports. Can you report your good payment history to your credit reports? Listen to this episode and find out!

We also discuss inquiries, and if they can be removed from your credit report if a creditor does not have written permission to pull your credit. A very interesting discussion takes place about finding bad info on the internet, and a perfect example is given on the show.

Thanks for listening!

In this episode we break it down bit by bit, just for YOU!

ALSO!!!*****Special ALERT****

 
We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process. 

SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com

Share this episode with everyone you know that will benefit from it.

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

Borrow $10,000, repay $70,000 - High Interest Rate Loans

Borrow $10,000, repay $70,000 - High Interest Rate Loans

August 31, 2018

The figures above sound totally ridiculous but this form of borrowing is again legal. It certainly is not right. In this Episode we discuss and breakdown the actual numbers!

Anselmo was auditing a clients credit report when he noticed the loan on the report and was shocked by the numbers that were in front of him. 

These loans are the true example of the cost of having bad credit, as Good Credit Joe would never have to use these loans!

Would a starving person eat poisoned food? 

In this episode we break it down bit by bit, just for YOU!

ALSO!!!*****Special ALERT****

 
We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process. 

SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com

Share this episode with everyone you know that will benefit from it.

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

 

What happens to your credit and debts when you die?

What happens to your credit and debts when you die?

August 24, 2018

Something that is going to happen to everyone, which is death. You may lose a loved one at some point in life, or maybe it has already happened to you. What happens to their credit and debt affairs when they pass away? 

In this episode we tackle a few very real questions:

What happens to your debt when you die?

Do you inherit your family's debt?

What happens to your credit report when you die?

Are all debts forgiven at death?

What happens to secured debts ?

And much more!

In this episode we break it down bit by bit, just for YOU!

ALSO!!!*****Special ALERT****

 
We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process. 

SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com

Share this episode with everyone you know that will benefit from it.

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

Bankruptcy  vs Credit Repair? Which is the better option?

Bankruptcy vs Credit Repair? Which is the better option?

August 17, 2018

CREDIT REPAIR or BANKRUPTCY ?

THE age old question.

It's a very complicated answer and certainly one that requires a full understanding of all your debt relief options. Just because your neightbor or brother in law filed for bankruptcy, it does not mean bankruptcy is the right solution for you. One of the biggest decisions consumers often make while being uninformed and not truly understanding the consequences of filing for bankruptcy. The worst thing you can do is file for bankruptcy when you should have to. 

In this episode we break it down bit by bit, just for YOU!

ALSO!!!*****Special ALERT****

 
We are giving away a FREE, FREEEE CREDIT REPAIR program to one of our listeners. The catch? Allow us to document the journey to share with our listeners. Of course keeping certain personal information private, we just want to share a bit of the credit repair process with everybody. We think it woud be awesome to have a listener on the show sharing their credit repair journey. Send us an email at TheExtraCreditShow@gmail.com so we can set up a credit review and determine if your case is a good fit for our credit repair process. 

SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com

Share this episode with everyone you know that will benefit from it.

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

5 Credit Score Improvement Myths!

5 Credit Score Improvement Myths!

August 10, 2018

In this episode we bust a few more myths that plague the credit scoring world.

 

1.) Does "opting out" of pre screened offers boost your score?

2.) Does paying more than the minimum payment on a car loan build your score faster?

3.) Does paying a credit card or loan more than once a month impove your score faster?

4.) Do you have to continue to use a credit account to continue to build credit?

5.) Does Paying off your credit card in full each month the best way to improve your score?

 

SUBMIT YOUR QUESTIONS TO US: theExtracreditshow@gmail.com

Share this episode with everyone you know that will benefit from it.

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

Debtor’s Prison: Can you go to JAIL for not paying your debts?

Debtor’s Prison: Can you go to JAIL for not paying your debts?

August 3, 2018

Can you to Jail for not paying your debt? We like to say a hard NO on this answer, but it's actually really complex. (Aren't all credit answers a bit complicated?)

 

In this episode we discuss in detail how debt collectors are using the civil system to enforce debts and how they abuse it to land consumers in jail. A very disturbing trend that has garnered attention from the ACLU and major media outlets who are not reporting some egregious cases of how consumers ended up in jail for unpaid debt. Take a listen, inform yourself, and share this episode with everybody you know!

 

SUBMIT YOUR QUESTIONS TO US: thextracreditshow@gmail.com

Share this episode with everyone you know that will benefit from it.

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

Credit News Headlines of the Week! Vantage Score, Mortgages, Equifax Update and Renting Vs Buying!

Credit News Headlines of the Week! Vantage Score, Mortgages, Equifax Update and Renting Vs Buying!

July 27, 2018

This week we mashup a few headlines that make waves this week regarding credit scores.

Vantage coming into the Mortgage Market was put off by Fannie Mae and Freddie Mac, which is an interesting twist of event.

Also - Equifax comes up with a funny defense for their class action lawsuit that resulted after they exposed everybodys personal information.

We also got our hands on an analysis of Renting a home VS Buying a home, and how long it takes to break even. Very interesting insight that we discuss and throw in our 2 cents opinion on the current real estate market. 

 

SUBMIT YOUR QUESTIONS TO US: thextracreditshow@gmail.com

Share this episode with everyone you know that will benefit from it.

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

4 Listener Questions Answered!

4 Listener Questions Answered!

July 20, 2018

In this episode we tackle questions submitted by YOU, our awesome listeners. 

1.)  Why is it that when people come to my house to sell stuff, they are offering me a 20% interest despide my score being 760+? 

2.)  In the last 6 months, I've paid of also of my credit cards that were charged off. My score has barely budged, why is my score not moving?

3.) Can the Government send my account to collections?

4.) A debt collector is wanting to schedule an appointment with me to "serve" me with court papers, and they keep saying I need to have two forms of ID ready. Should I be worried?

SUBMIT YOUR QUESTIONS TO US: thextracreditshow@gmail.com

Share this episode with everyone you know that will benefit from it.

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

Student Loans & Credit Scores!

Student Loans & Credit Scores!

July 13, 2018

We have been working on discussing student loans on the show for a while now! It's such a complex subject that we finally just decided to jump right in and start discussing it. This will be a subject that will require multiple episodes, but this is the first one that really breaks down the differences in the credit reporting and credit scoring rules that Student loans have vs. Regular consumer loans. 

If you have student loans and really want to understand them, this will be a great start! Thanks for listening! 

Share this episode with everyone you know that will benefit from it.

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

 

Max out your score: How to correctly time your inquiry so you don’t leave any points on the table

Max out your score: How to correctly time your inquiry so you don’t leave any points on the table

July 6, 2018

A common saying in the office that we find ourselves telling our client is "You are leaving too many points on the table" - and that is normally because the client is wanting to run their credit aka apply for credit at the wrong time. Timing in the credit world can make a huge difference in the credit score your lender sees when they calculate your score.

In this episode we discuss how we coach our clients into optimizing their credit score and learning to time their inquiry/credit application so that the score is the highest it could possibly be for their particular credit profile. 

The Extra Credit Show is a show hosted by Ex-Debt Collection Agency Executive and Consumer Credit Expert Anselmo Moreno and his business partner Richard David. They have been in the consumer credit consulting and credit repair business since 2005. They often found themselves talking to each other about the current state of consumer credit, debt, credit bureaus etc. - take a listen to the minds of two passionate long time credit repair experts.

Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.

Instagram: @TheExtraCreditShow

Facebook: www.facebook.com/TheExtraCreditShow

Web: www.TheExtraCreditShow.com

Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY

Contact: TheExtraCreditShow@gmail.com

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