most are! unfortunately! are all credit repair companies a fraud? © 2011 stephen w. gangey, all...

Most are!

Unfortunately!

Are All Credit Repair Companies A Fraud?

Austin Credit Group is Different!

We always provide a light at the end of the tunnel…

And can assure the client that it isn't an oncoming train…

However, the length of that tunnel will vary with each individual.


Our Focus is “Life Repair” And “Debt Management”



We are Pro-Credit and Anti-Debt!




Our Mission: Assist and counsel our clients on specific options available to save them money, and get their life back.




Our Mission: Assist and counsel our clients on specific options available to save them money, and get their life back.Our Programs and Counseling are all about establishing a plan that improves the client’s credit scores as quickly as possible!



What is Life Repair?



What is Life Repair?• IRS Tax Relief Services



What is Life Repair?• IRS Tax Relief Services• Credit Repair Services



What is Life Repair?• IRS Tax Relief Services• Credit Repair Services• Creditor Debt Negotiations



What is Life Repair?• IRS Tax Relief Services



What is Life Repair?• IRS Tax Relief Services• Instruments Available:Offer in Compromise



What is Life Repair?• IRS Tax Relief Services• Instruments Available:Offer in CompromiseWage Garnishment Release



What is Life Repair?• IRS Tax Relief Services• Instruments Available:Offer in CompromiseWage Garnishment ReleaseInstallment Agreement



What is Life Repair?• IRS Tax Relief Services• Instruments Available:Offer in CompromiseWage Garnishment ReleaseInstallment AgreementBank Levy Release



What is Life Repair?• IRS Tax Relief Services• Instruments Available:Offer in CompromiseWage Garnishment ReleaseInstallment AgreementBank Levy ReleasePenalty Abatement



What is Life Repair?• IRS Tax Relief Services• Instruments Available:Offer in CompromiseWage Garnishment ReleaseInstallment AgreementBank Levy ReleasePenalty AbatementCurrently Not Collectable




Credit Related Services – Starting at $49.95




Credit Related Services – Starting at $49.95• Check-Up -- Credit Profile Order and Review ($49.95)•Money Applies to ACG Credit Repair and Debt Programs





•Do-It-Yourself Software – If you’re tenacious enough. • “Credit Repair Magic” – 60-day Money-Back Guarantee ($97)





•Do-It-Yourself Software – If you’re tenacious enough. • “Credit Repair Magic” – 60-day Money-Back Guarantee ($97)

• ACG Credit Repair & Debt Settlement Program (Setup for as low as $169.95 / $34.95 for each negative item removed)




Credit Related Services – Starting at $49.95• Check-Up -- Credit Profile Order and Review ($49.95)•Money Applies to ACG Credit Repair and Debt Programs •Do-It-Yourself Software – If you’re tenacious enough. • “Credit Repair Magic” – 60-day Money-Back Guarantee ($97)

• ACG Credit Repair & Debt Settlement Program (Setup for as low as $169.95 / $34.95 for each negative item removed)

Example: Five Negatives removed is Less Than $350




Credit Related Services – The Credit Repair À la carte Menu




Credit Related Services – The Credit Repair À la carte Menu• Credit Bureaus: Challenge “Agreed to” Accounts & Clean-Up Personal Information (Standalone Setup $69.95 / item removed $34.95)




Credit Related Services – The Credit Repair À la carte Menu• Credit Bureaus: Challenge “Agreed to” Accounts & Clean-Up Personal Information (Standalone Setup $69.95 / item removed $34.95) • Creditors: We Challenge and Dispute the Account, and Demand Validation (Proof) of the Debt (Standalone Setup $119.95 / item removed $34.95)



What is Life Repair? -- H. R. 2086•Medical Debt Affects 73,000,000 Working-Age Adults•Representatives:


Senator Kay Bailey Hutchison (R- TX)

202-224-5922202-224-0776

http://hutchison.senate.gov/?p=email_kay

Senator John Cornyn (R- TX) 202-224-2934202-228-2856

http://cornyn.senate.gov/public/index.cfm?p=ContactForm

Representative Michael McCaul (R - 10)

202-225-2401202-225-5955

http://mccaul.house.gov/index.cfm?sectionid=133§i …


What is Debt Management?• Accounts Management and Creditor Debt Negotiations



What is Debt Management?• Accounts Management and Creditor Debt Negotiations•Debt Settlement Negotiations•Client/Creditor Negotiations are provided on a “Retainer Agreement” at $90 per hour.




•Assistance understanding financials with ACG Tools



Worksheet 2 -- Budget and Debt Service Schedule (Secured and Unsecured)

HOUSEHOLD BUDGET Monthly Income (net)Gasoline ##.## Auto Insurance ##.## His ##.##

Gas ##.## life Insurance ##.## Hers ##.##

Electric ##.## Other Insurance ##.##Total Monthly

Income $0.00Water ##.## Cable/Internet ##.## Austin Credit GroupTrash ##.## Phone (s) ##.## P.O. Box 5481

Groceries ##.## Pet(s) ##.## Round Rock, TX 78683Medical ##.## Other (Explain) ##.## 512.697.9784

Monthly Expenses $0.00 [email protected]

The Account Number entries containing six "#" are for example only. Please put valid data in these rows.

Creditor Account NumberOriginal / High

BalanceCurrent Balance

Available Limit

Available Credit

% of Available

Interest Rate

Minimum Payment

Due Date

Primary Mortgage or

RentABC Mortgage ###### $127,500.00 $12,235.31 N/A 7.50% 891.50 1

Second Mortgage

Third Mortgage

Auto Loan

Credit Card AMEX ###### $13,000.00 $2,000.00$20,000.0

0$18,000.0

0 10% 11.00% 491.00 10Credit Card $0.00 #DIV/0!Credit Card $0.00 #DIV/0!Credit Card $0.00 #DIV/0!



•Assistance understanding financials with ACG Tools•Debt Consolidation Counseling




What does this mean?

Our clients will be in a position to purchase what they need when they need it at the best

possible interest rates!





Best Interest Rates on Major Purchases






Home / Auto / Refinance







Insurance Premiums







Insurance Premiums

Potential Employment Opportunities







Insurance Premiums

Potential Employment Opportunities

ALL ARE AFFECTED BY CREDIT SCORE!


ALL ARE AFFECTED BY CREDIT SCORE!

Example Loan Comparison

The difference between a 700 and 650

FICO (Credit) Score in July, 2010.


1st Option 2nd Option Difference

Loan Amount $125,000 $125,000

0.55%

APR % 4.99% 5.54%Term (months) 360 360

Payment (Monthly) $670.26 $712.88 $42.61

Interest Paid (First 60 months) $29,985.42 $33,409.46 $3,424.04

Term of Loan % $116,294.78 $131,635.54 $15,340.75

Thank you for your time

and interest!

We are here to help you, your friends

and your clients get their life back!TM

ANY QUESTIONS?


most are! unfortunately! are all credit repair companies a fraud? © 2011 stephen w. gangey, all...

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