New certification will help consumers with credit problems and identity theft

Kansas City, MO (Nov 1, 2004) - More than 750 Pioneer Services Representatives recently completed an educational study program on the new Fair and Accurate Credit Transactions Act (FACTA). After an examination, they were certified as Credit Report Reviewers by the award winning, nonprofit Institute of Consumer Financial Education (ICFE) based in San Diego, California.

FACTA was enacted to provide many new protections and rights for consumers, including free credit reports annually for all consumers and protections against identity theft. Many financial services professionals, including debt and credit counselors, are enrolling in the program to get up to speed with the new law.

"We want to make sure that each and every service member knows how this new law affects them," says Tom Holcom, President of Pioneer Financial Services, Inc. "By having certified Credit Report Reviewers in each of our offices, we are able to provide the men and women who serve our country with another valuable, free service that further improves their quality of life."

The growth of consumer credit has been explosive over the past ten years and relatively few Americans bother to look at their credit profiles. But identity theft is now the nation's fastest growing crime. Most consumers aren't even aware they are victims until they look at their credit report and see a new credit account they did not originate.

"We have been offering free credit analysis for a number of years," says Holcom, "but this new law gives consumers new protections against identity theft and inaccurate information on their credit report. We wanted to make sure that every military service member who walks through our doors could take advantage of the law. It has always been our goal to help our clients become more financially stable and this is yet another tool that will help us reach that goal."

To learn more about this service, visit your local Pioneer Services Representatives, logon to, or call 800-367-5626.

About Pioneer Since 1932, Pioneer Financial Services Representatives have offered clients unique solutions for financial freedom. Because Representatives only serve active-duty and career-retired men and women of our armed forces, as well as Department of Defense employees, they understand the unique financial situation these clients face. They offer products that help people achieve their financial goals. Representatives can help clients apply for loans, purchase discount cards and roadside assistance programs, learn more about insurance plans and military benefits, and improve their fiscal knowledge with free financial education courses.

Pioneer Services Representatives are committed to providing quality-of-life initiatives for the military community. Representatives have lobbied against military pay garnishments, fought for pay increases, instituted an e-mail campaign to encourage the public to support defense spending, initiated education tools for kids, and created other quality programs.