Sam Sky, CEO of Credit Services, has been a consumer advocate for the last 15 years. He has an understanding and invaluable knowledge of issues related to credit repair that have helped thousands of people from politicians, entertainers, doctors, lawyers, professional athletes, and more importantly, the average American.
Sam has written eight books but is probably best known for The Credit Book, published in 2008.
In the very near future, Sam Sky will be offering a monthly program dealing with the full range of credit-related issues. In the meantime, we thought that we would share a series of short informational videos that highlight Sam’s broad knowledge in the field of credit repair.
In this first video, Sam discusses how a consumer should approach dealing with a debt collector.
Here Sam briefly outlines the differences between a basic approach to credit repair and what he calls extensive credit repair. He highlights a few techniques that characterize the extensive approach. The end result is a much more thorough removal of negative items on your future credit reports.
An important area to understand is credit scoring and how a consumer’s scores can be significantly different, based on which company presents it. Among other things, Sam discusses the relationships between FICO, a data analytics company based in San Jose, California focused on credit scoring services, and the three major credit bureaus (TransUnion, Equifax, Experian) and the various credit reporting websites and mortgage companies.
Here Sam discusses trade lines (also tradelines), which are measurable pieces of credit information such as credit cards, mortgages, student and/or car loans, etc. that are provided by financial intuitions or lenders. His focus for this segment is outlining several ways that trade lines can be legally added to a consumer’s credit report.
In this segment, Sam outlines the weaknesses of the credit report, namely that it lists items that you may not legally owe and meanwhile it can be lacking things that you do, in fact, owe. What steps can you take to remove negative items from this report?
Late payments or “lates” on a credit report need to be addressed. Here Sam suggests several approaches.
Finally, Sam touches on a variety of Federal laws that apply to consumer credit.
Hopefully, this selection of videos illustrates the complexity of dealing with credit repair as well as Sam’s ability to address each issue. As noted above, the Global Real Estate Education Network will begin hosting a series of monthly programs featuring Sam Sky, who will be presenting on a variety of credit-related topics and fielding questions from the audience. These monthly programs are tentatively scheduled to begin sometime in July 2017.
Watch the GREEN calendar on www.learnfromgreen.com for more information on dates and times as well as information on all GREEN live educational events!