5 Unfortunate Reasons Why Debt Warriors Teach Do It For Yourself Credit And Debt

Donald Trump and Robert T. Kiyosaki wrote a valuable book called, 'Why We Want You To Be Rich'. 

In the video below, these two titans of finance explain why they wrote the book.




5 Unfortunate Reasons Why Debt Warriors Teach Do It For Yourself Credit And Debt


1. Debt Warriors "Pay It Forward".

In the video above, Donald Trump says, "we want to help people and educate people".  Mr. Trump and Kiyosaki share our values. The book, 'Why We Want You To Be Rich', helped me with my transformation from a Legal Assistant at a Bankruptcy Prevention Law Firm, to becoming an uncomprimising Consumer Advocate.

It's unfortunate that so many Americans are struggling with Credit and Debt issues, but fortunately Debt Warriors are here to help.  Our Credit and Debt Management Video Courses teach Americans how to become Debt free.

Mr. Kiyosakis' book 'Rich Dad Poor Dad' changed my life for the better.  How did he do it? For a one-time payment, I received the life-time blessings of  financial education from that book.  That is why Debt Warriors "pay it forward".

2. Going Into Debt To Get Out - Makes No Sense.

We know for a fact, that it makes no sense for anyone to go further into Debt while trying to get out of Debt.  For that reason, for a one-time payment Debt Warriors provide a life-time of education and savings. We teach American's how to fight back and defeat the challenges of Debt.

Debt Warriors teach Americans how to defeat their debt (for themselves) by educating American's about the tricks and traps of predatory lending, and making it simple to understand  the otherwise complicated issues of Credit and Debt management.

3. American's Have Been Financially Mislead 

Why is that our schools don't teach Financial Education?  Is it because our Lawmaker's in Washington, D.C. get big money from Financial Institutions?  Is it because Americans don't value Financial Education?  We believe it's all of the above and more.  The bottom-line is, American's have been taught to go to school, learn a trade, work for 30 years and retire.

American's should have been taught to go to school and learn to think and create wealth for themselves. Instead, we have been mislead into thinking in term's of "trickle-down economics", meaning those at the top of the pyramid make the dollars, those in the middle make the dimes, and those at the bottom get the pennies.

4. Debt Warriors Don't Want Americans To Squander Their Money.


It's unfortunate that millions of Americans are squandering shares of their future wealth to pay back Credit.  American Consumers are dreadfully shelling-out their Salary to people who specialize in squeezing as much money from Consumers as legally possible.  .

Debt Warriors teach Americans how to save money by providing Debt Reduction software and the secret formulas that Credit Counselors know, but charge unreasonably large amounts of money for. We teach Consumers step-by-step, how to get out of  Debt - using only their current income (above $15,000 per year).


5. We Want To Share Our Success For Less.

When anyone asks why Debt Warriors Video Courses give so much away for so little money, our answer is, because we've been blessed to stumble upon the teachings of people Robert T. Kiyosaki and Donald Trump. We know it makes no sense for American Consumers to go into Debt trying to get out of Debt and improve their Credit for themselves.     


American's have the right to manage their Credit and defeat their Debt, for themselves. And with those rights come the responsibilities to take action and use those Rights. Unfortunately, many American's are not aware of the successes that come with "do it yourself" Credit Management and Debt Elimination.  We truly hope that we can educate millions of Americans that they can, and should learn Credit Education and Debt Management.



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DEBT WARRIORS™ are not Attorneys. WE ARE experienced Credit Repair and Debt Management, Negotiation and Debt Settlement Coaches. WE teach American Debtors how to manage and settle their debt (for themselves). The information on this blog, should not be considered legal advice. Debt Warriors offer helpful Credit and Debt "Self-Help" video course, Personal Finance, and information products.

Thanks for stopping by THEWARONDEBT.NET
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The Debt Free Secret

Today, I'm going to share with you the 'Debt Free Secret'.

I get calls all the time from people looking for financial advice.  Some who call me are affluent, while others are facing financial adversity.  One thing everyone has in common is that they want to know the secrets of becoming Debt Free.

But please be warned in advance?

The Debt Free Secret is nothing spectacular, but this secret produces positive results from the moment one begins to understand and apply it.  Once one learns this vital secret, they will be unquestionably equipped to become debt free for themselves.  

The Debt Free Secret is not some slick financial flavor of the month.  It's a tested and true way for American Consumers to eliminate their Debt - for themselves. The Debt Free Secret is timeless but many people don't think they have the time to learn it.

The Debt Free Secret Is....

Work. That's it.  If one wants to become Debt Free for themselves, they have to be ready to do the work.  Do it yourself Credit and Debt Management is the unsurpassed method of  becoming debt free, saving money, reducing stress, and learning how to do it over and over again.

One of my favorite teachers is the New York Times #1 Best Selling Financial Author; Robert T. Kiyosaki.  Robert always teaches Financial Education.  People ask him all the time how to become rich like him and he instructs them to "get financial education".

Once I get famous like Robert Kiyosaki, I'm looking forward to someone asking me, "how do I get out of debt"?  I will tell them, "all it takes is work".  Putting in the work to learn Credit and Debt Management is the secret to becoming Debt Free



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DEBT WARRIORS™ are not Attorneys. WE ARE experienced Credit Repair and Debt Management, Negotiation and Debt Settlement Coaches. WE teach American Debtors how to manage and settle their debt (for themselves). The information on this blog, should not be considered legal advice. Debt Warriors offer helpful Credit and Debt "Self-Help" video course, Personal Finance, and information products.

Thanks for stopping by THEWARONDEBT.NET
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2 Things To Know Before Accepting Credit Card Offers

A Client, a Credit Card Rep and I were on the phone.

We were speaking with a Credit Card Rep while shopping around for a good balance transfer rate. We found a rate that I liked and so I suggested that my client apply for an account.

So my client applied for the card. After about 10 minutes on hold, the Credit Card Rep broke her silence and said,"congratulations you have been approved for our gold credit card". I relaxed in my chair and breathed a sigh of relief because my client needed this card to get out of a bad financial situation.

The Credit Card Rep continued "You should receive your card in about 7 to 10 days. Your interest rate will be a variable rate between 3.99% and 19.99% based on the prime rate as published in the Wall Street Journal".

Then to my surprise, my client asked the Credit Card Rep, "can't I get a Libor Rate applied to this card?" Good question but for the wrong card.

Prime vs. Libor Rates

There are two Credit Card Rates that every Consumer should be aware of; PRIME Rate and LIBOR Rate.

Some Credit Cards use the Prime Rate which is based on the Federal Funds Rate. The Federal Reserve Bank manages the Prime Rate.

Other cards use the LIBOR Rate. LIBOR stands for London Interbank Offered Rate. Usually the LIBOR Rate is lower than the Prime Rate.

For example, Capital One uses the LIBOR Rate whereas, Bank of America uses the Prime Rate.

For this reason it is important for the Consumer to keep track of the Rates. Knowing the difference between the Prime and Libor Rates can save a Consumer up to thousands of dollars in interest payments over the life of the card.

ABC News Reports: Consumers Can Settle Their Debt - For Themselves

There used to be about 20 debt settlement companies in the United States. There are now closer to 2,000. Debt Settlement Companies skyrocketed after federal law changed, making it harder to qualify for bankruptcy.

But many Consumers have had success approaching their credit card companies themselves and offering settlements for less than the total amount they owe.

There are signs that more credit card companies are accepting these offers in this recession economy in order to get something now rather than nothing later.

For more on this ABC News Report click here: Credit Solutions of America's Clients Say Debt Grew Under Company's Guidance - ABC News

Real Estate Attorney Warns Bankruptcy is Not the Easy Way Out

Bankruptcy is Not the Easy Way Out

From: Real Estate Lawyer in Miami, Florida.

Real Estate Lawer in Miami Florida, warns that Bankruptcy is not an easy way out.

"Going Bankrupt, Declaring Chapter 13 bankruptcy is the last thing you want to do. The ramifications reach far beyond any discharge of the debt and stays on your credit record for years.

Bankruptcy makes your life miserable and you have a strict repayment schedule, along with guidelines to meet, to satisfy the terms of the bankruptcy agreement. If there is any other option, then try to find another way to get out of debt.

Settle your Debtoing BankruptDeclaring Chapter 13 bankruptcy is the last thing you want to do. The ramifications reach far beyond any discharge of the debt and stays on your credit record for years.

Bankruptcy makes your life miserable and you have a strict repayment schedule, along with guidelines to meet, to satisfy the terms of the bankruptcy agreement. If there is any other option, then try to find another way to get out of debt. Settle your Debt."

4 Credit CARD ACT Fact's That Every Cardholder Should Know About

What changes to Credit Cards are going into effect today? Keep reading today's article to find out.

1. The first of three phases of the Credit 'CARD Act' go into effect today.

Starting today, Credit Card Companies will have to send Consumers interest rate increases at least 45 day's in advance of the increase. Within the 45 day period, the Consumer can "opt-out" of the rate increase.

2. The is no limit to the amount of interest that can be charged on Credit Cards.

One of the down-sides to the Credit CARD ACT, is that there is no established 'Usury Limit'. Usury is just a fancy word for Interest. This means that the Credit Card Companies, can charge almost as much interest, as the Card Holding Consumer, will let the Card Company get away with.

That's why it's so important for Consumers to not fear engaging in combat with the Credit Card Companies for lower rates.

3. Fixed Interest Rates may be discontinued.

Debt Warriors sources report that Fixed Rate Credit Cards may be a thing of the past. Because of the Credit CARD ACT, many lenders are not offering any Fixed Rate Credit Cards. What this means is that every Credit Card holder should be concerned about their rates being raised.

4. Minimum Monthly Payments Are Being Raised.

For years the standard minimum monthly payment was about 2% of the total 'Outstanding Balance'. Not anymore! Credit Card Companies are now requiring at least a 5% minimum monthly payment.

Actually this is not that bad of a change. For years I have advocated for Card Holders to make bigger monthly payments. So I think making bigger payments is actually a good thing.

There are many other CARD ACT provisions that go into effect in February 2010. Feel free to subcribe for Debt Warriors email updates, listen to Debt Warriors Radio, or follow us on twitter.

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DEBT WARRIORS™ are not Attorneys. WE ARE experienced Credit Repair and Debt Management, Negotiation and Debt Settlement Coaches. WE teach American Debtors how to manage and settle their debt (for themselves). The information on this blog, should not be considered legal advice. Debt Warriors offer helpful Credit and Debt "Self-Help" video course, Personal Finance, and information products.

Thanks for stopping by THEWARONDEBT.NET
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Top 3 Options To Avoid Judgement On Default Credit Cards

How Does One Aviod Judgement On A Credit Card In Defalult?

Make no mistake. Credit Card Companies can and often do sue Debtors/Consumers, to collect on the past-due balance on Credit Cards. While working at a Bankruptcy Prevention Law Firm, I witnessed a number of Clients being sued for Credit Card Debt.

Luckily my team was able to help a majority of the Clients prevent being sued for Credit Card Debt. Today, I'll break down the Top 3 Options to avoid Judgement on Default Credit Cards.

Before we get started, it's important to know that the response to being sued, mostly depends on the person in Credit Card Default. But below are three options for the Consumer to consider.

1. Pay the past-due balance.

This first option is like surrendering to the Debt. Why? Because many Debtors/Consumers have been tricked and trapped into more debt. And sometimes what the Creditors say you owe may not be accurate. So before one uses this option, it's best to do due-diligence and verify that what is claimed to be owed - is accurate.

2. Learn The Particulars.

Is the Debt collectible? Has it passed the Statue of Limitations for Collections? Is the business suing when they don't have any right to sue? These are a few of the particular questions that the consumer needs to address before surrendering to the debt. It's important to check the particulars before the Consumer goes to Court to defend themselves.

3. Come to a Settlement Agreement.

Once a Consumer is to the point where they are being Summoned to Court for the past-due balance, it's likely that they can settle the account before going to Court. Settling out of Court is a valid and safe option, but only if done properly.

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DEBT WARRIORS™ are not Attorneys. WE ARE experienced Credit Repair and Debt Management, Negotiation and Debt Settlement Coaches. WE teach American Debtors how to manage and settle their debt (for themselves). The information on this blog, should not be considered legal advice. Debt Warriors offer helpful Credit and Debt "Self-Help" video course, Personal Finance, and information products.

Thanks for stopping by THEWARONDEBT.NET
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Beware of New Bank Fees

Beware of New Bank Fees

Shared via AddThis

Denied Credit? Be Direct, Get Specifics

Millions of Americans are suffering through the hassles of Credit Denials.

Everyday, American Consumers are attempting to apply for a new Credit Accounts, only to be turned-down, for unspecific reasons.

But what would make anyone, seek out new Credit in this sluggish Economy? Many American Consumers are just sick of what the new Credit Terms are doing to their Finances. The Terms have changed, and so, the Consumer wants to change.

But often many American seeking better Credit Terms, try to apply for Credit only to find rejection. So what should American Consumers after they've been rejected for Credit?

The Federal Trade Commission ("FTC"), Provides some practical tips:

• Get specific: know why the application was rejected. The creditor must tell Consumer the specific reason for the rejection. Consumes are entitled to learn why they were denied Credit upon request, within 60 days.

An acceptable reason might be: “your income was too low” or “you haven’t been employed long enough.”

An unacceptable reason might be “you didn’t meet our minimum standards.” That information isn’t specific enough.

• Consumers should check their Credit Reports.

I was helping a Woman last week who was looking to do a Balance Transfer to a new Credit Card. She was seeking better terms. But when she called the Credit Card Company, she was rejected. When she asked why she was turned down, the reply she got was, "you'll have to check your Credit Report".

I informed her of her Rights under the Equal Credit Opportunity Act and told her that the bottom-line was that it was her responsibility to contact the Credit Card Company for specifics.

She called and found out that her "Debt to Income Ratio was too high". What means that her Debt is too high compared to her Income. She had too many Outstanding Balances on her Cards and that spelled trouble for the Creditors.

Tragically, she was someone that I couldn't help get out of that card. I told her to keep making her minimum monthly payment, and increase it by $5 to $10 extra every month.

In this case the Creditor did nothing illegal. It may have been ethically wrong but not illegal. If the Creditor had acted illegally, The FTC spells out the damages the Creditor could have suffered in Court.

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DEBT WARRIORS™ are not Attorneys. WE ARE experienced Credit Repair and Debt Management, Negotiation and Debt Settlement Coaches. WE teach American Debtors how to manage and settle their debt (for themselves). The information on this blog, should not be considered legal advice. Debt Warriors offer helpful Credit and Debt "Self-Help" video course, Personal Finance, and information products.

Thanks for stopping by THEWARONDEBT.NET
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When Bad Credit Reports Pose Problems For Job Applicants

True or False?

Employers Routinely Review Job Candidates Credit Reports.

It's true. Employers are routinely scanning through applicants Credit histories as part of a "Background Check".

Some shocking examples of when Employers Consider Credit Reports are:

• When employers are considering applications for employment.
  
  
• When making a decision whether to offer employment.
  
  
• When deciding whether to continue ones employment (after being hired).
  
  
  
• When making other employment-related decisions directly affecting the Employee.

These terms are defined in the Fair Credit Reporting Act ("FCRA").

The ugly truth is that employers may wish to obtain and use a "consumer report" from a "consumer reporting agency", as part of a 'Background Check'.

When Background Check are run,Job Applicants with a bunch of 'negative information' on their Credit Reports, will find future employment more frustrating.

What Can a Job seeker do before they Apply for that dream Job?

1. Applicants can check their free Credit Report at www.annualcreditreport.com.

The FCRA requires all of the Big 3 Credit Bureaus to provide American Consumers with a free copy of their Credit Report, once every 12 months. There may be inaccurate and negative information that could damage a Job Candidates prospects for employment.

2. Combat Credit Inaccuracies.

Before engaging in the endless search for a good paying Job, it's a good idea for the Applicant to evaluate their Credit Reports. The goal is to address any negative and inaccurate information before the interview.

3. Dedicate some Patience to the "Do It Yourself" Credit Repair process.

Anger and frustration is common among Job Seekers. As the bills pile up with more on the way, it's understandable if ones reserves of Patience simply run out. But it's never a good idea to spend time being angry about something one can control or improve - for themselves.

Instead of getting upset, from being turned down, Job Seekers can learn how to do what the Federal Trade Commission suggests - "Do It Yourself Credit Repair".

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DEBT WARRIORS™ are not Attorneys. WE ARE experienced "Do It Yourself", Credit Repair Debt Management, Negotiation, and Debt Settlement Coaches. WE teach American Debtors how to manage and settle their debt (for themselves). The information on this blog, should not be considered legal advice. Debt Warriors offer helpful Credit and Debt "Self-Help" video course, Personal Finance, and information products.

Thanks for stopping by THEWARONDEBT.NET
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What is the tried, tested and secret formula for applying for a new Credit Card?

Everyday Americans are feeling the rejection of Creditors. But I don't want you to feel reluctant to apply for new Credit (especially) if you are already dealing with disappointing Terms and Conditions for Credit.

The video below, from the "Credit Card Medic Debt Elimination Video Course" reveals the secret formula to apply for new Credit in a safe and responsible way.

I wanted to share with you the standards for applying for a new Credit because there are "other" methods others have tried to use that have back-fired on them.

My years of experience helping hundreds of clients reduce their Credit Card Debt is the basis for this video.

Don't be deterred from winning your War on Debt. Feel free to follow us on Twitter.

Don't be disturbed by rejection - Defeat the cause instead.

The tested and trusted formulas for applying for Credit in a safe and responsible way are right here. Debt Warriors Do It Yourself Debt Management Video Courses, Forms and Software inform you of what tactics to use to heal your Credit and Defeat your War On Debt.

Join the Army of Americans choosing to not to surrender, but to WIN their WAR on debt!

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Debt Warriors ARE experienced Do it yourself Credit Repair and Debt Management, Negotiation and Debt Settlement Coaches. WE teach American Debtors how to manage and settle their debt (for themselves). J. Carlton Ford is not an Attorney. The information on this blog, should not be considered legal advice. Debt Warriors offer helpful Credit and Debt "Self-Help" video course, Personal Finance, and information products.

Thanks for stopping by THEWARONDEBT.NET
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