If a creditor calls you, tell them you are now with a credit counseling agency
and they should call 402-393-3100. Give them your client number and the name of
your account manager.
If the letters PIF appear next to a payment amount on your client statement,
our records indicate this creditor account is now paid in full. This means we will
not be sending future payments to the PIF creditor. Please review your
creditor statements very carefully to verify that the PIF amount did
indeed pay the account in full.Send us a copy of your billing statement if your
creditor stills shows a balance is due on the account.
End of Month Processing
Due to the Thanksgiving holiday, your money order or Western Union payments must
be in our office by 2 PM (CST) November 22nd to be processed for end of month.NO
personal checks, thank you!
If you need to make a change to your EFT payment, send WRITTEN NOTICE to us
no less than 10 business days prior to your pull date. Our fax number
is 402- 393-4141.After faxing, wait 30 minutes then call us to verify your request
has been received.
You money order or Western Union payments must be in our office by 10 AM July 20th
to be processed for end of month.NO personal checks, thank you!
Please be advised, in the event an electronic funds transfer (EFT) or bank account
has one of the following challenges, a charge will be assessed to your CA account.
By The 2000 Tribune Media Services, Inc
What do lenders look at when deciding whether to approve a loan? Typically, lenders
making almost any kind of credit decision will look at a variety of types of information,
including one or more credit scores. While there are many kinds of credit scores,
the most frequently used are credit bureau risk scores developed by Fair, Isaac.
These are commonly known as FICO® scores, although they have different names at
each of the national credit reporting agencies.
A score is a number that tells a lender how likely an individual is to repay a loan,
or make credit payments on time. When a lender requests a credit report and score
from a credit reporting agency, the score is calculated by a "scorecard"
or scoring model — a mathematical equation that evaluates many types of information
from your credit report at that agency. By comparing this information to the patterns
in thousands of past credit reports, scoring identifies your level of credit risk.
The five categories, and the degree to which each contributes to your FICO, are:
(The whos who and the whats new in the creditor world of today!)
HARRIS BANK-PARTNERS FIRST-BANK OF BOSTON-WACHOVIA-FLEET
If an account on your debt management program is now, or at one time was, handled
by one of the above listed banks, please send a copy of a current billing statement
ATTN: CREDITOR LIAISON
1850 S 72ND STREET
OMAHA NE 68124
OR FAX TO 402 393 1579 ATTN: CREDITOR LIAISON
Through a series of mergers and portfolio acquisitions, these creditors have combined
and sold off portions of their credit card holdings to one another. In some cases,
the banks have been forwarding payments sent to them to the new holder of the account
without notifying Credit Advisors that the account has been sold. Rather than have
delays in posting, or lost payments, CA would like to ensure that your payments
are indeed going to the correct creditor. Usually, we can sort these out by the
first few digits of your account number, but in this situation, the creditors are
continuing to share BIN #’s rather than assign new account numbers to the accounts
over and over as they transfer from one bank’s ownership to another.
Good news! From now on, Cross Country will (upon approval of a proposal and posting
of the first payment at the new proposed amount) reduce interest to 10% and stop over
limit charges and late fees. This is great news for anyone who was still getting regular calls
from the collection department above over limit amounts even after the proposals
had been accepted. Check your statements and give us a call if you need follow up
on a particular account.
Please e-mail, fax, or mail us copies of your creditor statements every three months.
Check out our bookstore for more great reading on how to save money.