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					                                                                                                                                        Volume 4 #3
                                                                                                               Frugal Green Tips • FDR Client Reminders
                                                                                                                 Renting Tips • Make a Credit Comeback
                                                                                                               Fun Online Money Games • Spare Change

                                                                             Welcome to the Freedom Debt Relief monthly newsletter! As part of our
                                                                             ongoing goal to enhance our services, we will be sending you a monthly
                                                                             newsletter filled with interesting articles and helpful financial tips and
                                                                             advice. We hope you enjoy this issue, and that you find the enclosed
        1-800-655-6303                                                       information helpful as you continue on the road to financial freedom.




Living a “green”
lifestyle will help the
environment and put more
“green” in your wallet                                                                                                   Some people may associate
                                                                                                                         living green with abandoning
                                                                                                                         all personal possessions and
“Green”
is a word that refers to so
                              Mountain Institute
                              (RMI), an organization
                              that focuses on energy
                                                                                                                         modern technologies to live on
                                                                                                                         a commune. In actuality, some
                                                                                                                         technological advancements can
much more than the color      policy, a six-minute                                                                       actually help reduce the amount
of grass or money. It has     shower uses 20 gallons                                                                     of waste that ends up in landfills.
become a recent buzzword      of water. Taking short                                                                     Consider the options below.
in modern society             showers can reduce                                                                         Keep in mind that the following
that defines products,         water consumption and                                                                      tips are meant to help you get
lifestyles, and tasks that    your water bill. For less    can receive reward points      Drive greener.                 the most use out of items that
                                                                                                                         you may already own; we are not
are environmentally           than $10, RMI also           based on how much              Most green articles urge       encouraging you to purchase
conscious. Becoming           recommends installing        they recycle. Visit www.       consumers to purchase a        brand new equipment.
more “green” usually          an on/off valve between       recyclebank.com to find         hybrid car. As you strive to
involves consuming fewer      the shower arm and           out if this program is         settle your debts, buying a           Go paperless! You can pay
resources and can result in   showerhead. This             available in your local        new vehicle may not be an            bills online, use electronic
saving money on typical       temporarily shuts off the     area.                          option. However, there are     scheduling software, and send
household expenses. The       flow while maintaining                                       other ways that you can        free electronic cards. Before you
tips below list some simple   the temperature. It can      Conserve energy.               “green” your car and save      print, ask yourself if you really
ways that you can “green”     be useful when lathering     Simple tasks such              money on transportation        need to have a paper copy.
your life while putting       up. For more water           as turning off lights           costs. For example, you        Take advantage of organizing
more “green” in your          conservation tips, visit                                    will burn less fuel if you     important documents using
                                                           when you leave the
wallet.                       www.rmi.org and www.                                                                       email programs or document
                                                           room and installing a          roll down your windows
                                                                                                                         folders in your computer system
                              wateruseitwisely.com.        programmable thermostat        in the summer instead of       software. You will use less paper
Clean green. Many                                          can reduce your utility        using air conditioning.        and will not have to purchase
popular household             Recycle. Many local          bills and overall energy       Performing routine             expensive ink cartridges as often.
cleaning products sold        municipalities require       consumption. When it           maintenance on your
in stores contain harsh       citizens to follow           comes time to buy new          car may also reduce                  MP3 players come in all
chemicals that pollute the    mandatory recycling          appliances, you may            gas consumption and                  price ranges and allow
earth and are hazardous       ordinances. Some states      consider Energy Star           prevent costly car repairs.    users to download single songs
to humans. Natural            have even given incentives   models, which use 10–          According to Treehugger.       instead of buying expensive
                                                                                          com, if every driver’s tires   individual CDs. You may consider
alternatives such as baking   to recycle through           50% less energy and water                                     transferring your CD library to
soda, white vinegar, and      RecycleBank. This            than standard models,          were properly inflated,         MP3 format and resell your CDs
lemon juice are very          program gives participants   according to the Energy        approximately 2 billion        on sites such as www.ebay.com
inexpensive and clean just    a recycle                                     Star web      gallons of gas would be        and www.craigslist.org. Resell
as well as many brand         bin                                           site. You     saved each year. You may       stores such as CD Warehouse
name cleansers. Visit this    equipped                                      can visit     also consider relying          may also give you cash for your
link on the Greenpeace        with a                                        this site     on your vehicle less by        CDs. Visit www.cdwarehouse.
web (www.greenpeace.          unique                                        at www.       walking short distances        com for a location near you.
org/usa/news/green-living-    built-in                                      energystar.   or carpooling. Sites such
                                                                                          as www.erideshare.com                 Remember to properly
guide/basic-recipes-for-      RFID tag.                                     gov for
                                                                                                                               dispose of your electronic
green-cleani) for recipes     At pick                                       more          allows you to search for
                                                                                                                         equipment, also known as e-
using natural products.       up, the                                       tips on       fellow carpoolers that         waste. If you can not use it, sell
                              bins are                                      conserving    want to travel in the same     or donate the item. You can also
Conserve water.               scanned                                       energy.       direction as you.              visit www.earth911.org for a
According to the Rocky        and users                                                                                  recycling or donation center in
                                                                                                                         your area.
Client Reminders
                                             D
                                                        espite        of the costs associated   information for            Upon moving out,
                                                        difficult       with owning a home.       repairs. You also want     make sure you leave
                                                        financial      In addition to a          to review the policies     the rental property in
Tax Debt? If you owe money to              times, the National        mortgage, purchasing      on terminating a lease.    the same condition as
the IRS and would like information         Multi Housing              a home also involves      Most property owners       when you moved in.
                                           Council reports that       many other expenses       do not make it easy        For example, clean,
on how to reduce your tax debts,           the apartment industry     such as maintenance,      for renters. Make          vacuum, and fill small
please contact our sister company,         is not affected. In         insurance, and            sure you understand        holes in the wall
Freedom Tax Relief at 1-800-455-           fact, affordable rental     property taxes. As a      the provisions in case     with spackle. Many
                                           units will be coming       renter, your landlord     circumstances arise        apartment complexes
6TAX. Our tax attorneys and tax            available as desperate     or property manager is    that do not allow you      also require that
specialists are eager to immediately       sellers try to rent out    responsible for fixing     to fulfill the terms of     you have the carpets
start helping you resolve your tax         units that are just not    major repairs like a      the lease.                 professionally cleaned
                                           selling in the current     broken furnace or a                                  before moving out.
troubles. In addition, existing FDR        market, according          leaky roof. Expenses         Don’t alter the         You are more likely to
clients are eligible for a $100 referral   to Bankrate.com,           such as these could       property. The lease        receive the majority of
bonus if they refer someone to             an online financial         really break your         should also state what     your security deposit,
                                           resource. Therefore,       budget, especially        the landlord’s rules are   which is usually
Freedom Tax Relief.                        the number of renters      while you are focusing    on making alterations      equivalent to one
                                           is expected to increase.   on settling your debts.   to the property. One       month’s rent, if you
American Consumers Union                   If you are currently                                 of the downfalls of        follow the move-out
We have recently partnered with            renting or expect to          Read the lease. If     renting is that most       instructions.
                                           sign a lease in the near   you are required to       property mangers do
the consumer advocacy group,               future, below are some     sign a lease before       not allow tenants to
American Consumers Union,                  tips that you may want     moving in to an           paint walls or make
in order to provide additional             to keep in mind.           apartment, make sure      permanent changes
                                                                      you read it. Leases       to rental property
support to our clients with respect           Renting may be          usually include quite     without written
to creditor harassment. All FDR            a good financial            a few pages of small      permission. Even if
clients are automatically given            move. There are            print and it can be       you do receive written
                                           many benefits of            tedious to read. But,     permission to paint,
membership into the American               buying a home.             keep in mind that         for example, you will
Consumers Union, and are given             Homeownership has          you are signing a legal   usually have to change
the full use and support of the            often been equated         and binding contract      the color back to the
                                           with the American          and it is beneficial       original before you
advocacy group, at no additional           dream. However, this       to understand the         move out, which can             Rental
charge. This is a terrific benefit for       dream can easily turn      agreement. Pay close      be a hassle. Before you          Links
our clients, and we are happy to be        into a nightmare for       attention to the rent     make improvements
                                           consumers that are         due date, late fees,      such as install an          • Search commercial
able to provide this service to our        not prepared for all       and the contact           air conditioner or a          web sites such as
clients at our expense. You can visit                                                           dishwasher, consider          www.rent.com, www.
                                                                                                                              apartments.com,
them online at www.myacu.org.                                                                   the fact that you may
                                                                                                                              and www.rentnet.
                                                                                                not be able to take
                                                                                                                              com. All landlords
                                                                                                these items with you          do not place ads for
                 ***                                                                            when you move. This
                                                                                                can be an especially
                                                                                                                              apartments. You may
        Customer Service                                                                                                      want to drive through
                                                                                                costly endeavor if you        your town and look
        Phone Number:                                                                           do not plan to live at        for “For Rent” signs
        1-800-655-6303                                                                          the property very long.       on various properties.

                                                                                                   Take care of your        • Tenants review
     Hours of Operation:                                                                        property. When                apartment
   6:00 AM – 6:00 PM PST                                                                        moving in, note any           complexes on web
                                                                                                damage that is already        sites such as www.
                                                                                                visible on the property       apartmentreviews.
               E-mail:                                                                          so you do not get             net and www.
                                                                                                charged for the repair        apartmentratings.
support@freedomdebtrelief.com                                                                                                 com.
                                                                                                when you move out.
Make a Credit

  M
              any classic      com: http://www.bankrate.
              trends and       com/aff/calc/MinPayment.
              fashions         asp. When you begin to
seem to be reinvented          re-establish your credit, use
throughout generations.        your credit card so you can                                                                      Fun Online
Fabulous fads from the         show creditors that you                                                                         Money Games
past suddenly resurface and    can make timely payments.
                                                                                                                               Below are some
become popular among           However, only charge items              Before                          After                   interesting online games
consumers. At one time,        that you can afford to pay
you may have thought           in full each month.                                                                             that will help introduce
that a wallet full of credit                                   receive a line of credit for   by TNS, a market research        kids to the world of
cards with high credit            Less is more. Stuffing         $300. Since a secured card     firm, in partnership with         money.
lines exemplified style. But    your wallet with a deck         is considered a credit card,   professors from Dartmouth
when minimum payments          of credit cards is not very     maintaining this account       College and Harvard                  A.G. Edwards, a
skyrocketed or you             impressive or fashionable.      with moderate charges and      Business School, high levels         division of Wachovia
experienced an emergency,      Upon completion of your         on-time payments may           of debt may be correlated        Securities, LLC, offers
the allure of credit quickly   program, apply for one or       boost your credit rating.      to financial illiteracy. The      a variety of interesting
became a fad that you wish     two credit cards, perhaps                                      survey revealed that only        financial games on their
would have been buried in      one major card and one            Some offers only              35% of respondents were          web site. Visit www.
a time capsule.                department store card.          look good on paper.            able to correctly estimate       agedwards.com, click on
   Once you have               Remember that inquiries         Did you ever buy a product     how interest compounds           the “Investor Education”
completed your debt            appear on your credit           that looked wonderful in       over time and more than          tab, and then choose
settlement program, you        report every time you           the store, but once you        half of respondents did not      “Kids Games” from the
will be one step closer to     complete a credit card          brought it home, it did        understand how minimum           bar on the left hand side
financial freedom. At this      application. Having many        not perform as well as you     payments are calculated          of the page. You will
time, you can begin to         recent credit inquiries will    would have liked? This         and applied to a principal       then see links for several
re-establish your credit and   usually not improve your        idea could also be true of     balance. The American            games. The Savings
make a credit comeback!        credit rating.                  sub-prime credit cards.        Bankers Association              Quest game teaches kids
Although your rating will                                      Upon completion of your        (ABA) has developed a free       about the importance of
not improve overnight,                                         debt settlement program,       resource to help consumers       budgeting, saving, and
                                 Start slow. With some
consider the following ideas                                   be aware of credit card        make informed choices            earning a pay check.
                               fads, you may be unsure if
to rebuild your credit.                                        offers that seem too good to    about credit cards. “Guide       Although it is classified as
                               you want to jump on the
                                                               be true. Sub-prime issuers     to Credit Cards” is available    a children’s game, many
                               bandwagon right away. In
  Revolving debt is                                            may have lenient approval      on ABA’s Consumer                adults may also find this
                               order to gradually make
                                                               guidelines, but prey upon      Connection web page at           game interesting. The
not in style. Many             your credit comeback,
                                                               individuals with previous      www.aba.com. Make sure           Star Trader game is for
consumers realize that         you may also want to
                                                               credit problems by charging    that you also check your         ages 10-adult and gives
fashion and trends are         consider a secured credit
                                                               astronomical approval          credit report frequently.        users the opportunity to
fickle because they can         card. The credit limit on
                                                               and annual fees. These         You are entitled to receive a    choose stocks and play
change from month to           this card is based on the
                                                               companies commonly             free credit report every year.   the market.
month. Credit cards make       deposit that you make.
                                                               apply these fees to your       For more information, visit
it easy to charge all of the   For example, if you put
                                                               card. Therefore, you acquire   www.annualcreditreport.              As part of their
latest gadgets and just pay    $300 on your credit
                                                               a balance before you make      com.                                 Schwab MoneyWise
a low monthly minimum          card account, you will
payment. Making this                                           any significant purchases.                                       initiative, Schwab gives
a habit can create costly                                                                       Become a                       teens and young adults
unwanted debt because                                            Educate yourself.            trendsetter. As a prelude        an opportunity to see
of compounding interest.                                        Knowledge and education       to your comeback, you            how major life decisions
Also, consider the fact that                                      never goes out of           can become a trendsetter         will affect their finances
you may still be paying                                             style. Become an          by practicing sensible           with the “It’s Your Life”
on merchandise that was                                               educated consumer       budgeting techniques while       online game. Visit www.
purchased years ago or                                                 by understanding       you strive to settle your        schwabmoneywise.com
that is no longer used.                                                 your credit card      debts. Your friends and          and then click the “It’s
Do you really want to                                                   agreement. This       family will hopefully follow     Your Life” link.
pay for holiday gifts                                                    may involve          you in your footsteps.
three years from now                                                     reading the          Discuss with your family             Planet Orange, an
or clothes that will                                                    tedious fine print,    members various ways                 award-winning online
eventually wear out or                                                 but it is beneficial    to save money and visit          game brought to you by
become outdated? You                                                   to know your           sites for frugal tips such as    ING Direct, educates
can discover the true cost                                             annual percentage      www.Bargainist.com/tips,         kids about spending, sav-
of paying the minimum                                                 rate, due date, late    www.101waystosavemoney.          ing, and investing. Visit
with this online calculator                                     fees, etc. According to a     com/, and www.                   www.orangekids.com and
provided by Bankrate.                                          recent survey conducted        mommysavers.com.                 experience a whole new
                                                                                                                               planet.
Spare Change:
                                                                                                                           of Americans fall victim
                                                                                                                           to out-of-control credit
                                                                                                                           card costs and as the credit
                                                                                                                           card market begins to
News, financial tips, and other                                                                                             resemble the sub-prime
                                                                                                                           mortgage market, U.S.
information regarding personal                                                                                             Senator Robert Menendez
                                                                                                                           recently announced a plan
financial freedom                                                                                                           to put an end to deceptive
                                                                                                                           practices and irresponsible
                                                                                                                           marketing. The Credit Card
                                                                                                                           Reform Act goes beyond
Private student                 scores or limited credit                                                                   any other current legislative
loans are costly for            histories. Private loans also                                                              proposal in curtailing
borrowers. A new study          do not have the same range                                                                 skyrocketing interest rates,
warns that college students     of protections for borrowers                                                               curbing sudden changes in
are risking their futures       that government loans have.                                                                credit card agreements, and
by taking out expensive         For example, private loans                                                                 restricting issuance of cards
loans to pay tuition and        are not subject to rate caps                                                               to consumers who don’t
                                backed by most federally        Consumer Reports National   coupons in product
other expenses. These                                           Research Center for         e-mail newsletters and         have the ability to make
private loans now account       funded loans. The survey                                                                   payments. More specifically,
                                found that the interest rate    ShopSmart magazine,         manufacturer web sites.
for nearly one in every                                         women who use coupons       Use store-loyalty cards with   the act will prohibit
four dollars of student         on some loans were as high                                                                 practices such as universal
                                as 19%. Also, issuers of        and store-loyalty cards     those coupons to save even
borrowing. “Paying the                                          save over 10% a year on     more. You can also visit       default and retroactive rate
Price: The High Cost of         private loans do not offer                                                                  increases. Card companies
                                relief such as forbearance or   groceries, the equivalent   the web site for ShopSmart
Private Student Loans and                                       of $678 a year. Consumer    magazine at www.               will also have to receive an
the Dangers for Student         hardship deferments. For                                                                   opt-in approval form from
                                more information, visit the     Reports also states that    shopsmartmag.org for a
Borrowers,” a recent report                                     consumers can get money-    variety of money-saving tips   consumers under the age of
issued by the National          NCLC web site at www.                                                                      21 before they can mail this
                                nclc.org.                       off coupons and free         and informative articles.
Consumer Law Center                                             samples from coupon sites                                  age group card solicitations.
(NCLC), finds that private                                       such as www.SmartSource.    Credit card reform             The Credit Card Reform
student loans are almost        Consumers save                  com, www.Coupons.com                                       Act has the backing of 11
always more expensive than      money with coupons.                                         strives to cease               major consumer groups and
                                                                and www.CoolSavings.        deceptive practices.
federal loans, especially for   According to a new              com. You may also find                                      unions.
borrowers with lower credit     poll conducted by the                                       As an increasing number




 1875 South Grant Street
 Suite 400
 San Mateo, CA 94402
 Phone: (800) 655-6303
 FAX: (650) 897-8800

				
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