Nov 252014

Preparing TO START your independent life as young adult on your own can be fun and exciting, but, it also means taking on new responsibilities. Credit decisions you make now can and will have long term consequences.

Do you know that your credit history has a direct impact on your ability to get?
• Utility Services
• Cell phones
• Jobs
• Rent an Apartment
• No Flight List
• Insurance
• Potential Lenders

A file about you is created by the first legitimate inquiry from one of the above mentioned sources; when you start applying for a credit card, a personal loan, or insurance etc…

This document is called a CREDIT REPORT and is maintained by the credit reporting companies, such as Equifax, Experian and Trans Union. Your credit report will in time, show inquiries and periodic reports from credit grantors, mainly BUT NOT EXCLUSIVELY!

Credit reports also list:

• Your residential address
• Place of employment
• How you pay your bills
• Legal – judgments, bankruptcy etc…
• 3rd Party Collection Agencies trying to collect skipped accounts

This information is used to evaluate your application for credit, insurance, employment, or renting a place to live, in other words YOUR CREDIT WORTHINESS = How much of a RISK are YOU?

It is advisable to obtain a copy of your credit report and make sure the information reported is accurate, complete and up-to-date, before, applying for a loan for a big ticket item like a car loan, insurance, mortgage or apply for a job.

This step also helps guard against IDENTITY THEFT; this can be one of the worst experiences to go through!

Constant vigilance is the most prudent way to protect your valuable information! Get in the habit of obtaining a copy of your credit report at least twice a year.

Identity theft is when some unauthorized entity uses your personal information, such as:

• Your name
• Social Security Number
• Credit Card Number

Usually, identity thieves use your good information to open new lines of credit and when the debt is not honored per the contractual agreement, this derogatory information is reported on your credit report. It becomes your responsibility to exonerate yourself from the bad or inaccurate information, however, in the mean time your ability to get credit, insurance or a job is affected. (See my e-article “Identity Theft – Protect Yourself”)

BACKGROUND CHECKS – some employers check into your background either before deciding to hire you or keep you on the job. One of easiest and cheapest ways of doing this is by pulling your credit report. Please note! You have rights under federal, state and city laws.

Cristina Yasakci
tel 303-997-3375 | fax 303-997-3376

Jun 302014

Debt Notices and Phantom Debts


When you receive an unexpected Collection Letter or a threatening phone call it can be very intimidating, especially when you know that you don’t owe money to anyone that has gone into 3rd party collection.


Receiving a letter or phone of this nature can be very stressful – Keep Cool, Calm and Collected and pretend to work with them…..




These documents or callers can have your name, address, Social Security Number and even Your bank account number  with an office seal, signed by a judge etc…don’t panic it’s a scam!!!



It is a new twist on an old scam; criminals impersonating law firms, judges, and court officials.

Their sole purpose is to convince you to send them money!


Take ALL their contact information and plus details about debt and arrange for a 24 hour grace….



Take note of these alerts:

  • seeking immediate payment on a debt for a loan you do not recognize
  • not providing a mailing address or phone number; that you can check on
  • request for personal financial or sensitive information
  • threatening to take immediate legal steps, such as: to have you arrested or to report you to a law enforcement agency.

Here are some tips how to fight fake debt collectors:


  1. 1.       Ask them to properly identify themselves, obtain the following information about the organization: Ask the caller for his name, company, street address, and telephone number.


  1. Request for a “validation notice” do not discuss any details about the debt in question until you receive the following information in writing: The amount of the debt, the name of the creditor you owe, and your rights under the federal Fair Debt Collection Practices Act and Your State Laws.


  1. Try to speak as little as possible, if you have been able to obtain the caller’s mailing mail a letter (registered/certified if want to spend the money) demanding an immediate stop to these calls, and keep a copy for your files. If, they are real debt collectors they must stop calling you if you make a written request. This is the law!


  1. Never give out personal or sensitive information like your bank account, credit card, or Social Security number unless you have absolute confidence with whom you are dealing with. Remember, this information can be used to commit identity theft.


  1.  Contact your creditor and alert them about the situation, if the debt is legitimate but you have your doubts about the collector. Discuss the details of the suspicious call or letter and find out whom, if anyone, the creditor has authorized to collect the debt.


  1. Contact the LAW – you can contact your state Attorney General’s office regarding suspicious collections letters or calls. Many states have their own debt collection laws in addition to the federal FDCPA – determine your rights under law.



Check your Credit Reports from Equifax, Trans Union and Experian at least twice a year!


This article has been brought to you through the courtesy of:

Demystifying Credit – credit cards, line of credit, overdraft protection and loans


If, you LIVE in AMERICA you have to know the rules that govern the credit world




Jul 102013

A potential lender would primarily assess a borrower’s creditworthiness by their credit reports and in turn their credit scores. Your bill payment history is one of the main criteria for creditworthiness; the strength of your credit history is what determines if you qualify for a credit card, a home mortgage or a car loan and at what interest rate!

Have you always paid your credit card payment on time? This is one of the most crucial pieces of information reported on your credit bureaus.

Not receiving a monthly statement does not exonerate you from paying on time or the correct minimum payment.

Pay consistently and on time.

Credit Card Companies mail out statements as a courtesy – it is your responsibility to follow-up on the missing statement, but more importantly to contact them and make sure payments are on time.

To earn a good to excellent credit score you have to pay all of your bills, loan installments and credit card payments on time, religiously. Late Payments are reported on your credit reports for years to come and decrease your credit score. You have to abide to your contractual agreement, you promised to pay on-time.  You can make extra payments anytime, but the minimum payment has to be done by a certain date – there is absolutely no flexibility!

Avoid the small and large mistakes that can decrease your credit score for years!

Schedule some quite time on a weekly basis and get into the habit of reviewing your credit card statements and paying them as soon as they show up in the mail or on your e-mail in-box.

  •  Consider setting up online accounts to pay all of your bills electronically; you can schedule post dated your payments.


  • Mail your payments in the return self-address envelope enclosed with your monthly credit card statement to make sure your payments are being delivered to the correct address and department. Mail the envelope 5-7 business days before the payment due date, this information is clearly marked on you statement. Be mindful of holidays, particularly Christmas and New Year the mail services tends to be a little slower during this season.


  • You can make payments at any of your bank’s banking centers and make your payments at the counter with the help of a live teller.


  • Pay by Phone

Also see:




Can’t find a Credit Article about a subject you are interested in? Need Help with your Credit Problems?

Call:  303-997-3375

E-mail me:

Be Credit Wise! It is far smarter to take the time to deal with the problem than hoping for the best or try to deal with the issue when making a big ticket item.

May 202013

Overwhelmed by your Debt situation and don’t know where to start?

This is your opportunity to Learn the Secrets of the Credit Industry and Get Debt Free Years Sooner.

The Journey to Credit Debt Freedom Can Begin with One Step.

Imagine how it would feel never to worry about debt again.

But it is easier said that than done, right?

Taking a cold, hard look at how much you really owe can be sobering – yet empowering. You’re taking your first step from being in the red to getting back in the black.

Here are a few simple steps you can take to start taking charge of your credit debt:

Get a copy of all 3 of your credit reports –

The Fair Credit Reporting Act permits consumers to request a free copy of their credit report once every 12 months.




  • Lay it all out

By using your credit reports as a guide make a list of all the debt reported on your separated credit reports; not all creditors report to all 3 credit reporting agencies. Make sure to check for Unpaid Collections and Unsettled Judgments section of your credit report.

  •  Prioritize your debts

Pay off the highest-interest debts first; usually those tend to be credit cards even if they have low balances, before tackling the five-figure line-of-credit balances. Your highest interest rate debt is your most expensive debt.

Car loans are particularly important to scrutinize, remember you are paying interest on a product that depreciates as time goes by. (watch out for my article on automobile financing sources – the pros and cons)

Recording your balances in a meaningful and organized way will help you to track where you have come from and where you are going.

  •  Assess where you spend – and where you can save

By using your credit reports as a guide find out how much you spend each month and think about where you can save. Write down what you spend on, starting with your Mortgage, Credit Cards, Personal Loans, ALL your Debt Payments.

  • Make a household budget

Sit down with your family and prepare a household budget. But first, do not forget to study your credit report, work your way down list of creditors and outstanding balances. Prepare a detailed budget that allows you the opportunity for savings on the interest rates. Try to start making extra payments through the month on the higher interest rate debts. This would also help you see your spending pattern and identify where to can start making small changes in your spending habits.

Don’t forget to include the following when creating your budget:

Cable TV

Car fueL

Car insurance and license

Car repairs and service

Charitable donations

Child care

Child support/Alimony


Dental expenses

Entertainment, recreation, movies




Life insurance

Medical expenses, prescriptions, eyewear


Newspapers, magazines, books

Parking Fees

Personal items

Property and contents insurance

Property taxes

Public transportation

Savings (bank account, 401K)

Telephone/Cell Phone

Utilities, such as water and electricity etc…

Also see:




Can’t find a Credit Article about a subject you are interested in? Need Help with your Credit Problems?

Call:  303-997-3375

E-mail me:

Be Credit Wise! It is far smarter to take the time to deal with the problem than hoping for the best.

May 152013

Many employers and prospective employers routinely check credit reports to assess a candidate’s financial honesty and personal integrity. A candidate would be considered a poor security risk, if they are carrying a high debt ratio. This could be an indicator of a lifestyle beyond their means reflecting a poor security risk. This is not the only negative data that might jeopardize your career prospects.

If a decision was based on incorrect information on your credit report, which it could take months to correct, it is quite possible by that time someone else will have been hired for the position.

A candidate’s financial integrity is particularly import in the following industries:

  • Defense
  • Chemical
  • Pharmaceutical
  • Finance

An employer needs your permission to run a credit check.

While other black marks can be used against you, technically a bankruptcy cannot.

An employer is supposed to tell you if credit information is used against you.

Federal law allows employers and prospective employers to access a special version of your credit report for employment purposes, only.

Employment Credit Reports show:

  • Personal Loans
  • Home Equity Loans
  • Consolidation Loans
  • Car Loans
  • Lines of Credit
  • Credit Cards
  • Term Loans
  • Secured Loans (Private if registered)
  • Judgments
  • Paid or Unpaid Collections

Employment Credit Reports DO NOT show:

  • The actual account numbers for the types of credit listed above
  • Spousal Information

It is advisable to periodical check your credit reports and correct any serious errors you might find.

Order your Free Credit Reports from: , you have to pay to obtain your credit scores.




Also see:



Can’t find a Credit Article about a subject you are interested in? Need Help with your Credit Problems?

Call: 303-997-3375

E-mail me:

Apr 292013

Welcome to Cristina’s Credit Sense – The future of your Credit Success begins here!

Part 1 of 4

Credit is a privilege not a right!

I am here to demystify Credit for you. As a consumer of credit, you need to know how it all works. You might think there is awful lot information on the internet – True

But, do you know how it all works behind the scenes? Do you have the time to basically learn a new profession? Yet, this is something that has an immediate impact on your everyday life.

  • Lenders may use your credit report information to decide whether you can get a loan and the terms you get for a loan (for example, the interest rate they will charge you).
  • Insurance companies may use the information to decide whether you can get insurance and to set the rates you will pay.
  • Employers may use your credit report, if you give them permission to do so, to decide whether to hire you.
  • Telephone and utility companies may use information in your credit report to decide whether to provide services to you.
  • Landlords may use the information to determine whether to rent an apartment to you.

You are constantly told how important it is to have good credit – what is good credit? How do you get there? What are the rules? Do you have hours and hours to learn the rules and then actually use them? Probably not!

Continue to The Easy Button for Your Credit Questions…


Part 2

Think of it this way! You knew it was fun and necessary to drive, so you went to driving school and learned the rules of the road. Got tested and passed! If, you didn’t learn to drive and the rules of the road, the outcome would be downright life threading and definitely not much fun. Yet, most consumers of credit never even know the rules and regulations and even more important how do lenders/credit granters do their jobs! And, if you think that the bank officer that you speak to is actually aware of the credit guidelines of their own institution – think again! The average bank representative’s responsibility is to promote and sell the bank’s products – that’s what they get paid for. The person that actually decides is behind the scene probably in a different state and time zone.

Most of us apply for credit and hope for the best! It is time to Be Proactively Credit Wise!

Credit Cards, Personal Loans, Consolidation Loans, Mortgages, Car Loans, Home Equity Loans all of these are approved by different standards by the same bank or finance company.

The Easy Button for Your Credit Questions


Part 3

I have been involved in this industry for over 20 years, starting at Equifax and moved on to different types of lending and collection positions. Yes, I am a Senior Credit Analyst, in other words – I am that faceless person that makes the decision, if you are going to get approved and how much of a risk is my company willing to take on you. As a lender/credit granter I love to see consumers with R1 credit reports, but how do you know what R1 is and how do you get there? So, you have to know the rules and how to get there. You took lessons for driving safely, now is the time to learn how to navigate your credit report to a R1. Learn the industry secrets from a professional lender to help lenders grant you all the credit you ever ask for!

Use Credit for YOUR OWN PROFIT


Part 4

I am a real person here to offer all the help you need to WIN AT THE CREDIT GAME, by purchasing my short and simple e-books and e-articles, plus 3 questions and answers. All included in the purchase price.

Finally, a real person on your side to listen to your questions, problems or better still to get you to the same level the lending officers operate at.

Can’t find a Credit Article about a subject you are interested in? Need Help with your Credit Problems?

Call: 303-997-3375

E-mail me:

Apr 292013

Never miss making the minimum payments on time on your credit cards, car loans, personal loans, etc…No matter what the circumstances!

Anytime you miss paying the minimum payment on the due date or pay less than the minimum, you are considered late. This information is reported to the credit reporting agencies.

Missing monthly payments might not seem like a big deal, but it is one of the worst things YOU can do for YOUR credit report. Your Credit Grantors and Lenders take a deem view to late payments behind the scene. They may not contact you and actively demand payment, particularly for the first 30 to 60 days, but this information will be listed on your credit reports for 7 years.

You might be assessed late fees, compounded interest, your interest rate might be raised making it more expensive to carry a balance or just be charged a higher interest rate next time you try to borrow.

A single late payment might not do too much damage, but creditors will determine your risk as a borrower for months if not years in the future based on this information. The higher number of late payments aka delinquencies, the worse for your credit score. Your payment history makes up 35% of your credit score. Credit Scores range from 300-850, these numbers a derived by assessing your credit history.

I cannot stress enough the importance in using credit the right way to build and maintain a STRONG credit score; late payments are exactly the kind of data that affects your credit score.

Also see:




Can’t find a Credit Article about a subject you are interested in? Need Help with your Credit Problems?

Call:  303-997-3375

E-mail me:


Be Credit Wise! It is far smarter to take the time to deal with the problem than hoping for the best.

Apr 232013

One of the most negative items listed on your credit report is a collection paid or unpaid.

This negative information will show on your credit report for seven years or until the statute of limitations runs out, which­ever is longer.

Some credit specialists may suggest you are better off waiting until the statute of limitations is up on the account and having it fall off your report in seven years.  Beware that seven years is a very long time and this negative information will be viewed by all.

Your credit history has a direct impact on your ability to get:

  • Utility Services
  • Cell phones
  • Jobs
  • Rent an Apartment

Credit reporting companies must investigate the items you question. If this investigation does not resolve the dispute to your satisfaction, you can post a “statement of the dispute” in your file.

But, you are better off taking charge and negotiating a settlement directly with collection agency.

  1. Obtain your credit reports. The Fair Credit Reporting Act permits consumers to request a free copy of their credit report once every 12 months. Visit to get your free credit report.
  2. Target the unpaid collections listed on your credit reports.
  3. Contact the reporting collection agencies. Negotiate a settlement in writing, before, you pay them.
  4. Fax the “Settled or Paid” letter to all 3 credit reporting agencies.

A paid collection does not raise your credit score, but is goes a long way in showing your good faith and character.

Credit scores work on the basic concept, that past habits and attitudes of the individual in this case the “Credit Consumer” will reflect their future behavior. This is called Risk Management.

Loan Managers and Personal Bankers do not work with just your credit score. If you are going to apply for a Personal Loan or Mortgage, these attempts to take care of past debt can be seen as favorable.

Also see:




Be Credit Wise! It is far smarter to take the time to deal with the problem than hoping for the best.


Mar 242013

Allow me to introduce myself

My name is Cristina Yasakci, BA,BCom
A Senior Credit Manager and Financial Administrator with 20 years of experience in the corporate world with the many facets and functions of Credit Granting and Credit Collections, such as:
Consumer & Commercial Lending
Home Equity Loans
3rd Party Collections

Started my Credit Career at Equifax and a member of CAGT. My decision to merge my expertise and corporate insight created a unique opportunity for credit consumers to have a professional credit specialist to consult with. Offering the opportunity to level the playing ground with one truly dedicated expert upholding the highest professional standards and yet offering practical Teaching you the answers to your credit questions.

An advocate of total quality management, that has a strong commercial awareness of the necessary integration of credit management with the other functional activities of business. A firm champion of the contribution of credit management to profitability growth and to overall life enhancement through educated credit decisions.

CRISTINA’S CREDIT SENSE relates to not only those directly involved in credit granting and debt collection, but also those individuals and organisations performing allied functions. Credit strategies whose business activities encompass all-embracing practical achievements.


CRISTINA’S CREDIT SEMINARS targets the General Public, Professional as well as Corporation. I am a Sociable and Enthusiastic Teacher and I have been conducting Credit Seminars for over 20 years.

A friendly, easy-going personality is supported by a thorough systematic and organized approach to problem solving, where team involvement in the achievement of planned results is encouraged. A proven team motivator – Teacher – Coaching for Success!

Mar 232013

Informative, Entertaining and Timely Articles about: Credit as well as How Money Vs. Interest Works
Prices starting at $4.99 and Up.

Complete Credit Guide – Insider Information
Price = $24.99

Credit Scores – How Do the Numbers Add Up
Price = $6.99

Identity Theft – Protect Yourself
Price = $9.99

Marriage, Divorce or Death – Your Credit Lives On
Price = $6.99

Repairing Your Credit Report
Price = $6.99

Secret to Building Great Credit
Price = $4.99

Jan 012011

Are you wondering what steps you can take right now to improve your credit dramatically?

Learn the secrets other people only wish they knew. Tough, but far from impossible! You will be saving time, money and preventing a repeat of the same mistakes.

It is imperative that you first re-establish a good credit score and improve your credit profile before you even think of applying for credit.If you have no credit, poor credit, very bad credit or recent bankruptcy, all of these problems can be improved upon in due course. It would take about 12 to 24 months and the proper steps to get on the road of “good credit”.

Here are a few things you can do that will help you restore your credit profile:

  • Limit the number of inquiries on your credit report, each inquiry you will lower your credit score.
  • Use a mortgage broker when applying for a loan or mortgage to eliminate the number of inquiries on your credit file.
  • Maintain your employment and residence status for at least TWO years.
  • DO NOT carry your credit card balances near, at or over the credit limit – such activity will lower your credit score
  • Pay your minimum payments on time and in full as required by your monthly statement. Credit reports will show how many times you have been 30, 60, or 90 days late.
  • Apply for a secured credit card that reports to the credit reporting agencies.
  • Avoid pre-paid credit cards, they do not report to the credit reporting agencies.
  • Department Store and Gas Credit Cards are relatively easy to qualify for.
  • car loan or lease is one of the best ways to start to re-establish your credit.
  • Your debt service ratio is another key factor that lenders will consider.
  • Do not apply to too many cards at once. Once, approved for one card or loan, DO NOT rush out and apply for several more.
  • Let your accounts age.
  • Only borrow what you can afford.

Want to learn more – see:

  1. Repairing Your Credit Report with Easy Steps
  2. Secrets to Building Great Credit
Jan 012011

cristinasmgreen2Step 1 – Create an account if you are new to this site.

Let me help YOU Succeed in the Credit Game through a series of E-articles and E-books. Use Credit for YOUR OWN PROFIT.

I am a Professional Lender; I spend my days lending money

It stresses me when I see people hurting their chances, through the lack of INSIDER KNOWLEDGE – CREDIT INDUSTRY SECRETS

Let me guide you to a new reality – Let’s level the playing field.

Let me help YOU Succeed in the Credit Game through a series of E-articles and E-books. Use Credit to YOUR PROFIT.

See Cristina in Worldwide Who’s Who

Get into the Secret World of Credit Granting. Learn the Rules Credit Grantors play by!

How are you going to WIN, if you don’t know the rules?

Imagine facing your banker and YOU telling them what YOU want and GETTING IT, with a smile!

CREDIT GRANTORS want to GRANT CREDIT, after all that is their business.
Guess what? YOU are stopping them. Yes, you read right!

They are business people – the more educated you are about credit, the better they would respect you and want to do business with you.
Learn the secrets to help the lenders grant YOU ALL THE CREDIT YOU EVER ASK FOR at YOUR TERMS. NOT Knowing the rules of the credit game is stopping the lenders from GIVING you what YOU WANT.

Here is YOUR CHANCE to learn from a PROFESSIONAL LENDER, that faceless person at the end of the phone line or computer terminal that your banker talks to. Your Bank Manager, Bank Teller is not a – Credit Granter. Chances are you will never meet the actual decision maker, but you just stepped in their world and they have something YOU WANT. You are on their turf, now!

YOU NEED to Learn the Rules CREDIT GRANTORS make their decisions by! Level the playing field….


Use Cristina’s Credit Sense as your co-pilot.


Here is YOUR CHANCE to access the secret world of credit granting and beat them at their own game.

EmPower yourself to get ALL THE CREDIT YOU EVER
WANTED by using the industry secrets of the CREDIT GAME.


Here is your opportunity to level the playing field, before facing your Lender

Learn industry secrets from a Professional Lender

Cristina’s Credit Sense will Educate you in How the Credit Industry works

We DO NOT give Advice, but offer the knowledge to Succeed in WINNING AT THE CREDIT GAME

It isn’t fair, but it is a Fact

The higher your credit scores are the better you are treated –


Can you Live without a Credit Co-Pilot? Just, think of this…

It is a person’s responsibility to read their contracts before signing them, and most people do not. The contracts are long and written in complicated “legalese”. It is easy to not see important clauses. This should help your insomnia, right? Well, it will cost you in the long run. You just signed a legal contract without reading all of the terms.

Your first FREE lesson:

Did you know the following about your credit agreements:

• Making the minimum payment on a debt only covers the interest charges, and makes it impossible to pay off the actual balance owing.

• When you take out a cash advance you accrue interest charges on it from the moment the cash is withdrawn, not from the date of the bill.

• When buying anything on an installment plan (buy now, pay later), after the “no interest” grace period is over, all the interest that is not paid is then added to the account balance. The new interest rate could be up to 29%.

• Balance protection insurance only covers the minimum payment when a person is sick or loses their job. It will not pay off the outstanding balance, and interest is still charged.

Lesson over

Now, Take a good look at where you are! Do YOU think YOU need a Credit Co-Pilot?

If your Answer is YES:

And, you are ready to Learn and EMPOWER YOURSELF, then YOU CAME TO THE RIGHT PLACE…..


Here is your opportunity to access a full service Credit Education. I offer expert practical solutions, to help you to navigate through any and all of your credit questions and concerns towards HIGH CREDIT SCORES! Provide a non-judgmental environment to empower you to achieve your CREDIT DREAMS FOR LIFE.


Offering you credit E-articles and E-books.

Response to your Questions and Concerns in an interactive environment to an in depth Credit Strategy to EmPower yourself the opportunity to WIN AT THE CREDIT GAME for life.

CRISTINA’S CREDIT SENSE stands for Reliability, Mutual Respect, Professional Integrity – Ethically and Confidentially. Knowledge from this empowering and educational journey will EmPower YOU to WIN AT THE CREDIT GAME for the rest of your life.

Getting a copy of your credit report is a SNAP. Understanding your credit report is NOT!

The future of your Credit Success begins here and now

Now is not the time to take off without your Co-Pilot


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