05-19-2003

CreditProtectionServices.com founder Michael G. Bryant of Asheville, NC has recently unleashed what promises to be a groundbreaking credit security program. “I have researched this matter and worked on the development of this unique Program for six years. The Consumer Protection laws have recently been expanded dramatically due to the sharp rise in fraud and theft occurrences. The combination of my credit security ideas, years of research, increased crime rates, new protection laws and public awareness have all suddenly collided. The Program is completed, tested and works without a hitch. We are currently presenting the Program to a host of parties including the Justice Department, Homeland Security, numerous financial trade publications, and media networks focusing on the financial business environments. In addition we are introducing this Program to a large host of professionals such as financial advisors, CPAs, attorneys, banks, insurance companies, professional organizations and so on. Our Program is unique in that it combines all the bits and pieces available in one turnkey, comprehensive service for the Consumer. Our Program provides education, updates and continued services. We intend to revolutionize and lead the Credit Security Industry.”

“The timeliness of this Program could not be better, with these areas of crime being classified as the number one crimes in the US by the FBI and Federal Trade Commission, FTC. Social security fraud has increases 700 % in the last 5 years and Credit Fraud / ID theft is up almost 1,000 % in the last two years, (per the Social Security Administration, FTC and FBI). One single electronic hacker event in February 2003 compromised 8 million credit card accounts in the US (that is one out of every 100 issued). Consumer Protection laws entitle certain benefits to the all consumers with regards to credit fraud, credit theft, social security fraud and identity theft. CPS applies these laws and services for our clients. Our Program is two fold:”

Deterrence is Primary. CPS’s number one focus is on Credit Fraud and Identity Theft deterrence. Research is showing that the majority of these crimes are electronic. Hackers have quickly become the largest source of criminal and organized crime activities. Our Program deters them by activating a series of safeguards through the credit bureaus (Equifax, TRW and Experian), creditors and banks. By the client acknowledging our Terms and Conditions, the Consumer Protections Laws immediately become in full force. The client does not have to be a fraud or theft victim to initiate these Consumer Protection laws. CPS puts a custom branding statement on our client’s personal credit-report which locks in the client’s mailing address, contact phone(s) and email which in turn deters electronic manipulation of this data. The Program enables the client to easily update or change their information when desired. We believe that 99% of these crimes can be deterred by blocking out electronic manipulation of personal contact data. Our Program automatically stops all third party sharing of our client’s personal data by the credit bureaus, creditors and banks. The client is also entitled to a free credit report from each of the major bureaus every twelve months under the Consumer Protection Act. For purposes of the client’s security, CPS does not have access to the clients personal credit report data and CPS does not store any sensitive client data on it’s computer systems.

Early Detection is Secondary. The CPS Program offers 24/7 credit monitoring to our clients for no extra fees over and above our modest monthly rates, ($9.95 individual and $14.95 couples), through our “Affiliate Program”. This monitoring notifies the client of any credit inquiries, new accounts or new derogatory statements immediately after appearing on their personal credit report. Thus in case of fraud, early detection enables the client to act quickly to limit losses and correct inaccurate account data. CPS views early detection as important as well as essential, however, deterrence is the primary focus of our Program, detection is often too late.

Combined these two aspects of the Program makes CreditProtectionServices.com the most comprehensive, turnkey credit security service available.