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
is a word that refers to so
(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
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.
them online at www.myacu.org. the fact that you may
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.
when you move out.
Make a Credit
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
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
San Mateo, CA 94402
Phone: (800) 655-6303
FAX: (650) 897-8800