SOURCE: Advanced Credit Technologies, Inc

Advanced Credit Technologies, Inc

March 11, 2015 08:00 ET

Advanced Credit Technologies Prepares Launch of Pre-Paid Card

This "All in One" Suite of Financial Products Will Change the Way People Take Control of Their Finances

MINNEAPOLIS-ST PAUL, MN--(Marketwired - Mar 11, 2015) - Advanced Credit Technologies, Inc. (OTCQB: ACRT) has issued the following update on the company's business and objectives going forward in 2015.

Advanced Credit Technologies, Inc. is pleased to announce that we have entered into a joint marketing effort with Capstone Data to launch our very own TurnScor PrePaid Master Card. The product itself, along with the multiple benefits which accompany this Pre-Paid Master Card will be a "Winning Choice For All".

We are extremely excited to be partnered with Capstone Data and their development team to bring this product to multiple retail and wholesale distribution channels.

What are the "BENEFITS" of the TurnScor Master Card? There are lots of Pre-Paid cards in the market today, as a matter of fact it's one of the fastest growing segments within the banking industry. Our card has a collaborative suite of "value added" products that sets us apart within the industry.

Here are the UNIQUE features of the TurnScor Card: ( )

  • FREE Access to the TURNSCOR Credit Repair software ($399.00 Retail Value)

  • To gain FREE access: ( Sign Up and use Promo Code: ACT399 Credit Builder: Build your credit score and profile by paying your utilities,cell phone, cable TV, etc.We will report your on-time payment history to the credit bureau

  • Sequre Lock: Complete FREEDOM from fraud and hackers, smart phone "Real Time Prevention". Compatible with iPhone, Android, and most smart phones

  • Shopping Network with savings of $4500 annually from over 300,000 merchants

We're changing the way you pay, save, and BUILD your CREDIT.

  • NO overdraft FEES
  • NO minimum balances
  • NO credit checks
  • NO existing bank account required

Study finds Pre-Paid Cards could replace Debit Cards:

A study by Market Rates Insight finds (June 2012 ) that about 50% of consumers say they are likely to use re-loadable pre-paid cards. The study also indicated that 47% of consumers are likely to use prepaid re-loadable cards for routine purchases, making prepaid re-loadable cards one of the emerging lifestyle products. Survey results from more than 1,500 bank customers nationwide, shows that 47.1% of consumers would adopt prepaid re-loadable cards if they were offered by financial institutions, and that they would be willing to pay, on average, $4.21 per month for the use of prepaid cards.

Why is the TurnScor Card Safer, Simpler, Smarter?

  • FREE Direct Deposit
  • FREE ATM withdrawals at 1000s of world wide locations
  • RELOAD with a check
  • Safer than CASH, Cheaper than a checking account
  • Real Time Alerts
  • Member funds are FDIC Insured

It's our belief that members who use our prepaid platform will undoubtedly see the benefits, taking personal responsibility for your entire financial situation is paramount to building wealth in our society. Our suite of "FREE "products is what separates us from all other brands in this space. Couple that with its low cost to the consumer, we have a recurring revenue opportunity that can grow incrementally in a multitude of verticals, stated Chris Jackson, CEO of Advanced Credit Technologies, Inc.

Recent changes from all three credit bureaus ( Experian, Trans Union, and Equifax ) in the manner in which they report our credit histories make it more relevant than ever to maintain a good credit score. The average person now has a complete "SUITE" of tools to take control of their lives and attain financial freedom. All for pennies a day, currently no one within the pre-paid space is offering these dynamic tools for the average everyday American, we are extremely excited to launch this product beginning in the 2nd quarter of 2015.

Safe Harbor:

From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward- looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.

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