Larry Chiang’s Blog

Students boost FICO credit scores using FTC policy coupled with CreditHealthy.com’s free counseling. “College Credit Card, Credit Healthy Month” kicks into its second week to support financial literacy.

Palo Alto, CA.  Residents in 12 Midwestern states’ colleges just became eligible to for a little publicized (almost secret) website, www.annualcreditreport.com, that gives $24 of credit reports for FREE.  “When used properly these free reports can be parlayed into significant monthly savings from lower cost loans,” according to Larry Chiang, founder of United College Marketing Services.

CreditHealthy.com instituted the “Come, Grow, Go” credit program that focuses on young adults’ credit.  Visitors can fax (877-369-5577) in their credit reports and get recommendations to boost their FICO credit score. Larry Chiang introduced the concept by saying, “Come to the website, grow in your learning, go out and leverage your better score”.

“To support College Credit Card Credit Healthy Month, CreditHealthy.com will fund the new program free for college students until spring of 2007,” said Larry Chiang.  “We are supporting college students effort to turn their credit card into a financial tool,” said Chiang.  He added, “College students are graduating with FICO scores in the high 700s which opens up doors to lower cost car loans, discount car lease programs, reduced apartment fees and the waiving of utility security deposits”.

Secrets shared can lead to a 50 point jump.  “Your credit score be bumped as high as 50 points if you remove something as simple as one incorrect credit reporting agency entry,” said Chiang and added, “This can be leveraged into a cost savings of up to $1200 on your next loan”.

According to, CNN, “personal finance remains a fringe topic”.  “We see CreditHealthy.com as a way for the spectrum of college students to phase shift in credit understanding and sophistication,” proclaimed Chiang.  CreditHealthy.com shows that better FICO scores means lower cost loans.

In the consumers’ best interest?!  Ordered by Congress to give consumers free access to their own credit reports once a year, the nation’s three largest credit bureaus are turning that requirement into a marketing opportunity. “CreditHealthy.com is bucking the establishment and doing what’s best for the consumer.  Sure we could make $10, $15, $20 on each consumer the way that the big three credit reporting agencies do… but we are not about squeezing college students for a profit,” said Chiang.

On the Internet, many firms offer so called ‘Free Reports’.  Most come with an obligation to buy, submit personal information, sign up for a service that you need to cancel, or something similarly unsavory.  CreditHealthy.com provides something truly free. 

The Federal Trade Commission mandated free credit reports for 12 Midwestern states beginning March 1.  "The free credit report policy is supposed to give consumers an incentive to check their credit reports regularly for errors or signs of ID theft.," said Beth Givens, director of the Privacy Rights Clearinghouse, a nonprofit consumer advocacy group. She added, “The law is not to be an incentive for the bureaus to market their products”.

CreditHealthy.com, provides cutting edge tips, strategies, techniques and ideas to college students at seminars and also on the web.  Its focus is on helping people’s credit issues proactively.  It is also the first to offer free fax credit counseling.

United College Marketing Services is number one in marketing to college students at credit card sponsored educational seminars.  It leads the credit industry in proactive credit education and has educated over 25,000,000.

Contact
Jennifer Starkie
650-651-1570
jstarkie@ucms.com

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Free fax counseling to boost FICO score that leverages FTC mandate for free reports.

According to Credit Healthy, 85% of Americans live well over their means.  “When we hear of people borrowing money to fill the gap, often the debt instrument is a credit card”, says industry expert, Larry Chiang - an advocate that dovetails consumer rights with technology.  In this interview, he reveals his personal fax number to fix credit reports using “secrets” only credit industry insiders know about. 

His company, CreditHealthy.com, provides cutting edge tips, strategies, techniques and ideas to college students at seminars and also on the web. 

On the Internet we see many firms offering so called “Free Reports”.  These almost always come with an obligation to buy, submitting personal information, signing up for a service that you need to cancel, or something similarly unsavory.  CreditHealthy.com shows you something legitimately free.  Visit the site that the FTC recommends and then fax your credit report into CreditHealthy.com and we will fax back a list of recommendations and email you form letters to use.

In observance of National College Credit Card Credit Healthy Month, colleges are focusing on credit card issues on campus.  According to John Simpson, administrator at Indiana University, "We lose more students to credit card debt than academic failure."  In honor of the month, universities across the nation will host credit strategy seminars at no charge to college students.

Alan Greenspan, Chairman of the Board of Governors of the Federal Reserve System, said in support of the month , “Financial literacy programs provide much needed education for America’s youth.”  On campus credit card educational programs battle the credit cards pitfalls college students face –financial literacy transcripts available for free download at www.credithealthy.com.    Larry Chiang, a college credit card industry stalwart, pointed towards the trend of colleges banning credit card tabling.  He states, “Right now about 65% of four year colleges curtail the practice of credit card tabling”.  Chiang is famous / notorious for starting America’s largest credit card marketing company, United College Marketing Services in 1989 which he exited in 1996.  Recently, he invested in www.creditcard.org, a site that helps consumers seek out credit card issues.

According to the Bureau of Justice Statistics, 45% of theft on campus occurs because of credit card debt pressures.  College Credit Card Credit Healthy Month has support ranging from national to local legislators, coupled with college administrators  alongside student government associations.  Together with industry titans, College Credit Card Credit Healthy Month highlights the proper use of credit cards:

(1)   College students can use their credit card to boost their fico score high enough to qualify for a new home purchase www.credithealthy.com 

(2)   Slight credit blemishes are not ok. Free tools are available at www.collegevisa.com

(3)   Savings when your credit report is manipulated to boost your credit score.  Larry Chiang stated, “Credit card companies are smart and can’t be duped, BUT the credit system is FILLED with loopholes to LEVERAGE”.

(4)   Ten previously unpublished credit card tips are available FREE at the site www.101secrets.com

About the companies mentioned:

United College Marketing Services is located in Oak Brook Illinois and represents top credit card / charge card companies at credit educational seminars where students sign up.

www.CreditHealthy.com is a company that promotes proactive credit education and encourages turning a credit card into a financial tool.

www.CreditCard.org is a website that helps consumers with customized searches related to credit card problems.

www.collegevisa.com was established in 1996 and has credit educated over 10mm students

www.101secrets.com offers secrets that only credit industry insiders know about through an eBook available for download.