Program Contents:

ICFE Certified Credit Report Reviewer™  Independent Study Guide Contents Page


1) Fair Credit Reporting
    a) Credit Reports - Credit Reporting Agencies
    b) Disclosures from CRAs                                               (FACTA-609a)
    c) Method of disclosures                                                  (FACTA-610a)
    d) Procedures on disputed accuracy                              (FACTA-611a)
 2) Information providers and users
    a) Businesses (retailers lenders etc.) FTC Guidelines
    b) Employers FTC Guidelines
    c) Landlords FTC Guidelines
    d) Insurers FTC Guidelines
3) Reviewing Credit Reports with Consumers, not doing credit repair
    a) Review parameters, no credit repair and other guidelines
    b) Communicating and listening
    c) Appointments and follow-up with clients
4) Consumer Education About Credit Reports
    a) What a credit report is and how it's used
    b) Free Consumer Reports                                                (FACTA Section 211 and 612)
    c) How to read and understand credit reports
    d) Sample credit report and sample credit report comparison
    e) How credit scoring works FTC Guidelines
     f) Disclosure of credit scores FACTA's new provisions
    g) Credit Inquiries and the FICO Score  
     h) Improving a FICO Score 
5) Counseling consumers on the do-it-yourself credit file correction
process
    a) The do-it-yourself process is best to avoid credit repair scams
    b) How to make changes or dispute accuracy. FTC Guidelines
    c) Using the ICFE's Do-It-Yourself Credit File Correction Guide
6) Identity Theft and Prevention FTC Guidelines
    a) What is identity theft
    b) New FACTA provisions for identity theft victims
    c) Identity theft prevention FTC Guidelines
    d) Complaint Clearinghouse
7) Cardholder Agreements - Universal Default - Adverse Action Codes
    a) Credit Cardholder Agreements
    b) Universal Default &Example on Card Holder Agreement
    c) Adverse Action Codes Affecting credit Scores
    d) FTC Financial Fraud Survey
    e) Student Loan Credit Reporting Resumes
     f) Protecting Credit Ratings During a Divorce
    Sample:   ICFE Certified Credit Report Reviewer™  Certificate with Gold Seal
    
 

The Need for the Certified Credit Report Reviewer™  Service

The growth of the consumer credit industry has been explosive over the past fifteen years. Americans are still getting all charge-up with their plastic. Individual credit files continue to grow, sometimes into more than a dozen pages.  This is an area of concern to consumers, that many, attorneys, CPAs and financial planning professionals have overlooked.  Hardly any are providing a credit report review service. 

Consumers need to learn, and be reminded often, the steps to take for identity theft protection. This is an important new aspect of the credit report review service.  It is especially  for every consumer who may be concerned about their credit ratings, their FICO scores and becoming a victim of Identity Theft.  

More people are now becoming aware of the importance of looking at their credit files, especially because of the recent news stories about rapid increase in identity theft complaints.   Credit report reviewers will be providing a valuable service by helping to educate their clients and other consumers on the importance of maintain their good credit rating, their high credit scores  and guard against identity theft.  Certified Credit Report Reviewers™  will be helping everyone,  their family, friends, clients and prospects.


What is an ICFE Certified Credit Report Reviewer™  and what do they do?

ICFE Certified Credit Report Reviewers™  (CCRRs), are comprised of financial services industries professionals, credit union people, others ranging from credit and debt counselors to financial planners, to CPAs and mortgage lenders.  They become ICFE Certified Credit Report Reviewers™  after self-study training and passing a written examination overseen by the ICFE.  The self-study course is based on FACTA and also covers, the common issues related to credit and identity theft and victims.

ICFE Certified Credit Report Reviewers™  will be answering a very important question which is:  
            "Is your credit report doing something for you or is it doing something to you?"

ICFE Certified Credit Report Reviewers™  are also educators.  They help people learn how to get their credit files.  The ICFE Certified Credit Report Reviewer™  meets with folks who have their credit reports in hand and conducts a review of them with the client, line by line.  This is done to both educate people and make them aware of each account listed on their reports.  If they can't identify one, there may be suspicious activity to watch.  It also helps the consumer understand what is in their credit report and how it might be affecting a credit score, and thereby how much they will pay for credit, if they can get it.   

ICFE Certified Credit Report Reviewers™  are up-to-date on the latest methods to detect suspicious activity.  They are trained and equipped with the skills and techniques to assist the victim of credit and identity theft.  Important identity theft discovery techniques and prevention measures are implemented and explained to the consumer during the review process.  

Becoming an ICFE CCRR™  is a way to help others and, perhaps, earn extra income at the same time.   It  will also enable you to add a new dimension to your counseling and a useful benefit for existing clients.    

ICFE CCRR's™  efforts on behalf of a client could uncover identity theft that could potentially cost a victim into the thousands of dollars or you may discover an inaccuracy that depresses a credit score.  

ICFE CCRRs™  may choose full-time or part-time, or even once or twice a week. Some conveniently establish their own hours and work by appointment out of a home office or in a client's home.  Advertising, marketing and prospecting may be conducted and focused anywhere, because everyone can benefit from this very useful  service.  

Earn the respect of family, professional associates and clients.  Enjoy professional success while teaching others about how to keep and maintain a high credit score, pay the lowest interest rates available, and guard against America's number one financial crime, identity theft.  \

Getting started as an ICFE Certified Credit Report Reviewer™  is easy. 

Who should get certified in this ICFE
Credit Report Reviewer Certification™   Program?

Credit and Debt Counselors

Registered Financial Consultants

Banking and Credit Union Lenders

Military Financial Counselors

Employee Benefits Administrators

Notary Public

College Financial Aid and Debt Management Counselors

Credit Recovery Counselors

Real Estate Agents and Brokers

 CFPs,   CLU-ChFCs, CPA's, RFCs

Financial and Insurance Planning Professionals

Faith Based Credit and Financial Counselors

Consumer Credit Educators - Financial Education Instructors

First-time Home Buyer Advocates

Continuing Education Credits Accepted for this program:

(12) CEUs granted by the International Association of Registered Financial Consultants, (www.iarfc.org)

(12) CEUs by the The Association for Financial Counseling and Planning Education (www.afcpe.org) has reviewed the Certified Credit Report Reviewer Program™  and will award their AFC's  who successfully complete the program and become ICFE Certified, 10 CEU's.

(8) CEUs  for NIFCE - NACCC Counselors and Members who become ICFE Certified.

(5) CEUs for CFP's accepted by the CFP Board of Standards and Practices.

(5) CEUs for CLUs and ChFC's and the PACE program.

How To Get Started Now

First, enroll and receive the ICFE Certification program materials in the comfort of your home or office.  

Second,  get your credit reports.  You will be referring to them as you work through the
Certified Credit Report Reviewer™  Independent Study Guide curriculum.  

Upon the receipt of both the ICFE Certified Credit Report Reviewer™  Independent Study Guide, accompanied  with the Examination booklet and your credit reports, you are ready begin the self-study program and advance at your own pace.  Upon completion of the course, take the 40 question examination.  Candidates who answer 35 of 40 questions correctly, receive the ICFE Certified Credit Report Reviewer™  certificate.

Here's what it costs to get started:

ICFE Certified Credit Report Reviewer™  Independent Study Guide and Examination
(Includes, PowerPoint Show on CD Rom and ICFE Certificate)                                          $225.00  

Five   ICFE Credit File Correction Guides @$5.ea (50% off suggested retail)                $ 25.00
 

Total cost: ICFE Certified Credit Report Reviewer™  Enrollment :                  $250.00

Click Here to Get Started Now

Here's What you will Receive!

- ICFE Certified Credit Report Reviewer™  Independent Study Guide

- ICFE Certified Credit Report Reviewer™  Examination Booklet

- ICFE Credit File Correction Guides (five)

- Identity Theft Booklet (free from the Federal Trade Commission)

- Special Report on Identity Theft  PowerPoint Presentation on CD Rom

- Certificate: ICFE Certified Credit Report Reviewer™  with a Gold Seal

- ICFE Business Card Artwork as a Certified Credit Report Reviewer™

- Regular updates from the ICFE

- ICFE eNEWS (two or three per month on identity theft, credit and personal finance issues).

- This program is endorsed by the International Association of Registered Financial Consultants. 
 
- Registered Financial Consultants (RFCs) receive 10 CEU's upon successful completion.

- This program is endorsed by Springboard, nonprofit consumer credit management.

- College credits applied for.
 

Click HERE to view ICFE Certified Identity Theft Risk Management Specialist™  Program

About the Credit Report Review Service:

As an ICFE Certified Credit Report Reviewer™  you will teach clients how to obtain their credit reports from the three major CRAs.  When the client has his or her credit reports in hand,  you will review their credit reports, page-by-page, with the client present.  The average credit report review takes about an hour and fifteen minutes.

A husband and wife are considered separate clients because there are no joint credit reports.  

You will explain how they may make any changes and corrections and you may suggest what changes to make using the ICFE's Do-It-Yourself Credit File Correction Guide. 

After you have finished the interview you may want sell or provide the client a copy of the ICFE's Do-It-Yourself Credit File Correction Guide.  The ICFE Guide has sample letters for your clients to use as a guide in making any changes desired.  The ICFE's Guide is published in English and Spanish, so you may provide a bi-lingual service if you so desire. If you provide them with a complimentary copy of the ICFE Do-It-Yourself Credit File Correction Guide, it is a $10-15  retail value, your cost is $5 or below, subject to quantity.

Your clients will also receive an important list of things they should to do prevent against Identity Theft.  

The suggested fee is $35-$50 for about a one hour review service, including the ICFE Guide. If you spend more than one hour, but less than 90 minutes, the suggested fee is $50-$75 including the ICFE Guide.
 

Click Here to Get Started Now