Innovative Program Helps Consumers Improve Credit Scores

Consumers can improve their credit scores with new service program from AmericanCreditBuilder.com.

Escondido, CA (PRWEB) August 15, 2006 -- AmericanCreditBuilder.com announced an innovative new service program that aims to help consumers (http://www.americancreditbuilder.com/build-my-credit.html) improve credit scores (http://www.americancreditbuilder.com/build-my-credit.html). This web-based program allows participants to report non-traditional payments to over 200 national credit reporting agencies. A majority of the payments and transactions provided to the agencies under this program include rent, gas and electric, cable TV, phone/wireless and utilities (water, sewer & trash).

By providing non-traditional payment information, credit reporting agencies can better understand individual consumer credit behavior and in turn report alternative scores that may help improve credit scores (http://www.americancreditbuilder.com/build-my-credit.html) and facilitate credit granting decisions by prospective lenders.

With this exciting program, AmericanCreditBuilder.com gives all of its participants a free prepaid MasterCard card with $10 preloaded onto the card. Everyone who enrolls in the program qualifies, with no credit check required. Participants also automatically qualify for a pay day loan of up to $500 with a direct deposit of their paycheck onto their new MasterCard card.

Carl Saling, Director of Public Relations with American Credit Builder, stated “With 70 million consumers having no credit, poor credit or thin credit files, our AmericaCreditBuilder.com program is ideal for helping deliver an innovative alternative to costly credit improvement programs. We are excited to help consumers (http://www.americancreditbuilder.com/build-my-credit.html) manage and improve a credit score that becomes increasingly important in our growing cashless economy.”

To help consumers take advantage of the program, AmericanCreditBuilder.com also offers all participants a flexible and free bill payment service that is integrated with the prepaid MasterCard product. AmericanCreditBuilder.com's goal is to help consumers improve credit scores while delivering results and value. To enroll in this innovative program or for more detailed program information, visit our website at www.americancreditbuilder.com.

Contact:

Carl Saling, Director of Public Relations

American Credit Builder

858-705-2504

http://www.americancreditbuilder.com

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