Herman Fontenot's Page

I am very interested in conversing with you on the procedures to enhance the accuracy and integrity of information furnished to consumer reporting agencies (CRA's) Under Section 312 of the Fair and Accurate Credit transaction Act(FACT Act")We are coming out with the first of it's kind to show positive payment to the big three bureaus for bills that are not your norm as far as credit scoring (SMB)Our Master Card pre-paid card platform basically consumers rent,gas bills,electric,child support,all the bills that it take to survive on a day today basis that they're not getting credit for.All reporting through the Master card Program automated reporting system that we have put a lot of time and knowledge to searching for better ways to help the consumers.The problem of missing positive payment information has an unintentional but distinctly unfair and negative impaction two groups of consumers when they apply for housing,credit,insurance,utility hook-ups telecom service and employment.The first group includes those who pay their bills on time such as rent,utilities,phone,and insurance,but who have chosen not to so-called traditional forms of credit to live beyond their means.While this category of consumers are fiscally responsible and otherwise good credit risk,these consumers often have little or no payment histories in the big three credit bureaus.Ironically,having no positive or negative credit history in one or more of the traditional"big 3" credit bureaus has the same effect as having bad credit when a traditional report and score are used to assess an applicant.

The second group of consumers that are unfairly and negatively impacted by missing positive payment are those who have defaulted on credit obligations in the past,but who are rehabilitated and have paid their bills on time since then.

My name is Herman Fontenot. I am the National Account Manager for SCORE LLC,). I am excited about contacting you in regards to our program we offer that will dramatically enhance your existing business platform. Score My Bills (SMB) Financial Wellness Program, a new program being launched to select businesses.

Score My Bills

The bills most people pay each month are not reported to the credit agencies, unless of course, these payments are late. When there is no positive information to balance out the picture, a few late or missed payments can overwhelm a whole credit report.

What is Score My Bills?

Score My Bills is a service that gives an accurate representation of an individual's payment history. We report the bills that are paid in full, and on time, each month and help consumers begin building a positive credit profile from the payments they already make. Payments made for items such as rent, utilities, car payments, cable, child support and cellular phone-bills that are paid each month, become useful tools in building a credit profile.

What's in your Score?

FICO Scores are calculated from many types of criteria and data in your credit report. This data can be grouped into five categories 1) 35% Payment history 2) 30% Amounts owed 3) 15% Length of credit history 4) 10% New credit and 5) 10% Types of credit used.

How do we help?

Positive Payment reporting helps credit seekers:

* Present a more complete picture of their bill payment history
* Lower finance charges
* Avoid up to thousands of dollars in interest charges

How does it work?

1. Members receive an SMB Prepaid MasterCard card.
(This is not a credit card - No Credit Checks and no finance or interest charges apply.)

*Free access to your balance and activity details online.

*Built in protection - safer than carrying cash and easier to replace.

• *Free Direct Deposit

• *Online Bill Pay

2. Members use their SMB Prepaid MasterCard card to pay their bills each month-online, from the comfort of their living rooms.
3. A record of these payments is submitted to all of the major US Credit Bureaus.

We have put together a very lucrative up-front and residual compensation plan for marketing partners. The payment structure and program specifics can be discussed in detail once we have a signed Non-Disclosure Agreement on file.

Look forward to hearing from you.

Best Regards,
SCORE LLC,
Herman Fontenot
National Account Manager
505. E Jackson St, Suite 302 Tampa, Florida 33602 813 .273.9125 PH 813.273.9308 Fax