United Credit Education Services provides credit repair services to help consumers dispute inaccurate or outdated information on their credit reports from the three major credit bureaus. Their goal is to help clients improve their credit profiles and financial independence. They utilize the Fair Credit Reporting Act and dispute processes to challenge errors and remove negative items from credit reports through multiple dispute cycles over several months.

1. United Credit Education Services

2. Our Mission Our service works with consumers to dispute any inaccuracies on their credit reports with the three major credit reporting agencies to help them obtain an error proof credit report. Our staff has over 25 years of experience successfully helping hundreds of thousands of consumers regain financial control of their lives and improve their credit profiles. Our goal is to restore the customer’s purchasing potential so they can afford to buy a home, start a family, travel, invest or start a business. Let us help you make good credit and financial independence a reality, not just a dream!

3. The Fair Credit Reporting Act (FCRA) was passed by congress with the intention to regulate the credit reporting agencies and promote the accuracy of the information in consumer credit reports. The Act spelled out all the rules and regulations that the credit-reporting agencies had to follow before they added anything to a consumer’s credit report. Information about “you” has to be accurate and verified before it is entered on your credit reports. The Federal Trade Commission is the government agency responsible for enforcing the FCRA The Fair Credit Reporting Act of 1971

4. The 3 Major Credit Reporting Agencies (CRA’s) Experian (Fair Isaac Corporation) Equifax (Beacon) TransUnion (Empirica) Collect and maintain information about consumer’s credit history. This information is obtained from banks, credit card companies and various financial institutions. The CRA’s sell this information to lenders and other creditors. The CRA’s are not part of the government. What do the CRA’s do?

5. What’s the definition of “inaccurate, erroneous, or obsolete?” Inaccurate information is any information that cannot be verified by the CRA and/or the creditor grantor. Erroneous information is any information that has been entered onto a consumer’s credit report due to human error (data entry error), Social Security Number mismatch error, mixed file error, similar name error. “reasonable procedures” were not followed when the information was entered on the credit report, or any such related error. This happens more often than you think! Obsolete information is any information that is beyond the industry standard of seven years; or ten years for bankruptcy.

6. Are Credit Reports Accurate? Nearly 80% of all consumer credit reports have significant errors 25% of which are serious enough to potentially result in a credit denial These errors could affect credit scores by 50 points or more Loans, payment data or credit card information is applied to the wrong account When filling out credit applications with different names, i.e., Bill Smith versus William Smith Your Social Security number was entered incorrectly on the application A clerical error was made when the lender transferred the data from the application How do these errors occur?

7. What Are Credit Scores? A method that uses statistical models to evaluate your credit worthiness Reflective of a borrower's past payment history, outstanding credit balances, and available credit capacity at a given point in time Creditors use these scores, known as FICO scores, when deciding whether or not to offer credit to consumers FICO scores range from 300 to 850 points

8. What Makes Up Your Credit Score? 5 key components to your credit score Your buying and bill paying habits (35%) Amount of credit you owe versus your available credit (30%) The length of your credit history (15%) Types of credit used/your credit mix (10%) New credit that you are applying for (10%) How Credit Affects You The interest rate you pay on credit cards and loans Your ability to get a checking account Rates on your auto insurance Employment

9. 5 Ways to Establish Credit Apply for a gasoline or department store charge. These are usually easier to obtain than other credit cards. Apply for a secured credit card. You will be required to deposit a specified amount, usually $300 to $500 dollars into an account in their bank, and you will be issued a major credit card in the amount of the deposit. Take out a small loan from your credit union or bank. Deposit the money into your savings account and pay the loan back monthly. If you currently have credit, ask your creditors to increase your credit limit. This will improve your credit utilization ratio thereby improving your credit score. If you do not have a checking and savings account, apply for both. Having these accounts establishes you as part of the financial community and allows you to manage your money.

10. Secured Credit Cards One of the best ways to establish credit You will be required to deposit a specified amount, usually $300 to $500 dollars into an account in their bank, and you will be issued a major credit card in the amount of the deposit. Report every 30 days to the credit bureaus Downfalls of these cards: If payment is one day late, additional fees of up to $40 Over-the-limit fee of $40 Potential for the account to spiral out of control

11. Collection Agencies Governed by the FTC Operate within the Fair Debt Collection Practices Act, which protects consumers from illegal debt practices Debt collectors, whether a company or an attorney’s office has to validate the debt Collection agencies could add unauthorized fees to the original amount that was charged off

12. Cost of an Auto This SUV ends up costing $1,900 per month Monthly Cost Annual Cost Total Cost Over the Lifetime of the Lease (5 yrs) Car Payment $800 $9,600 $48,000 Car Insurance (w/ poor credit) $300 $3,600 $18,000 Maintenance/Repairs $300 $3,600 $18,000 Gasoline $500 $6,000 $30,000 Total $1,900 $22,800 $114,000

13. OR… Invest in your future This house sold for nearly $1 million in 2005 Foreclosure price of $375,000 in 2008 FHA loan: 580 credit score with 6.25% rate = Monthly price of $2,100 * Not actual photo.

14. Budgeting Averages based on a month Rent/Mortgage payment $1,200 Car payment ($400 x 2 cars) $800 Insurance (car, life, health) $300 Groceries (for family of 4) $800 Gasoline (2 cars) $700 Car maintenance (2 cars) $300 Dry cleaning $100 Cell phone bill $100 Cable bill $100 Other utilities (electric, gas) $200 Credit card bills $200

15. Budgeting Total monthly critical expenses = $4,800 Take-home net income = $6,000 Remainder money $6,000 - $4,800 = $1,200 UltraScore™ is an educational tool designed to help you understand and maximize your credit score by providing a detailed analysis of your credit report. Retail price of $149 for one year of unlimited access to the UltraScore™ Web site, which includes: Credit Education Center Forms and budget sheets Budgeting calculators Debt recovery information Total cost of $12.42 per month! UltraScore™

16. Our Service We help eliminate any inaccurate, erroneous and obsolete information reporting in your credit file with five dispute cycles Our process combines the latest technology with personalized attention that gets results Receive regular updates on the progress of your file, reflecting any deletions, additions or alterations Our active customer support is available to service your needs and answer your questions Monday – Friday, 9:00 AM-5:00 PM, EST at 248-848-9065. Access your progress report online 24 hours a day, 7 days a week, 365 days per year

17. UCES Step-by-Step Contact your VR-Tech sales agent or visit their Web site to complete our simple online enrollment form. After obtaining your credit reports, customized dispute letters will be prepared and sent to you for your approval. We are happy to modify dispute letters when needed. This is especially helpful in the case of mixed credit files among family members, identity theft, or account information that has not been updated in regard to balances or payoffs. Clients are strongly encouraged to attach any support documentation to their dispute letters that may assist and expedite the dispute process. The credit bureaus will mail back a response within 30 days of receiving your dispute letters. Responses will be sent directly to you so you can see the results as they occur.

18. It is imperative that you forward your updated credit reports to our offices to ensure that we are working with accurate information and add any new items, should they appear, to your next set of dispute letters. Your file will be updated and your next set of dispute letters will be prepared and mailed to you. New dispute letters will be sent to you approximately every 60 days until your service expires. Though we can’t guarantee that every derogatory account from your credit file will be removed, we will do our utmost to improve your credit, and educate you with proven techniques on re-establishing your credit. Our Customer Support Department is happy to provide additional information to improve your credit score, and help to build and maintain your credit file. We are committed to providing you every assistance possible to help you reach your credit goals. UCES Step-by-Step, continued

19. UCES Actual Client Results

20. UCES Online: www.united-credit.org

21. Clients can effectively manage their credit and credit decisions before and after our service. UCES Online: www.united-credit.org

22. Login: Customer’s Social Security number Password: The last 4 digits of the customer’s SSN UCES Online: www.united-credit.org

23. UCES Online: www.united-credit.org 7 0 7 4 3

24. The Progress Report tab will show the client’s accounts and the current status of each. UCES Online: www.united-credit.org

25. UCES Online: www.united-credit.org The Processing Report tab will show the client’s accounts and the current dispute printing status.

26. Get the good credit you deserve! Restore your credit and change your life forever! All for the low price of $499 to include money-back guarantee! United Credit Education Services