All of your hard work, all of your pressure and persistence, all of your expertise on behalf of your credit repair client, it all boils down to one simple number, creditworthiness. But there is one big problem. There are a ton of different valuation models. And it’s really confusing. Which is the best? Which one should I use? What is a Good Credit Score? Well, today I’m going to sort that out once and for all! So stay here!
So the big question is this. How can we turn our passion for helping people with their credit into a successful business without borrowing, without spending a fortune, by pulling it out of nowhere so that we can help most people and still be highly profitable? That is the question, and this podcast will give you the answer. My name is Daniel Rosen and I welcome you to Credit Repair Business Secrets.
Okay, before I dive in, if you’d like me to hold your hand while you start your own credit repair business, head over to creditherochallenge.com. Okay let’s get into that! Well how many times has a customer called you about checking their credit karma, credit sesame, or one of the other free credit tracker scores and then complaining that their score either went down or was different from that differs from what you told him? It happens all the time, doesn’t it? But why? The short answer is: they have different valuation models! In most free credit score trackers, they use their own scoring models. This means that they will use their own criteria to determine your score. And then look at the big ones like FICO, for example. FICO currently has 28 different valuation models. That’s 28 different points! Some are modeled for various credit card loan decisions, others for mortgage loan decisions, others for auto lenders, and so on and so on and so on. Now the other big one is a Vantage, which has four different valuation models. And they are each used for a specific purpose. And then many of the largest lenders in the country have their own internal valuation model. This is a main reason why scores can vary so much from place to place. Which result is the best? None of them! There is no one who is best. The most important thing is that you stick with who you choose. This way you can keep a close eye on the changes. Think of credit monitoring as a benchmark. Keeping this meter in mind will give you and your customers a general idea of how they are doing and the results you are getting. As negative elements are removed or debt is paid off, the indicator rises and you know that progress has been made. And as negative items are added or debt increases, the indicator goes down. And then you know there is a problem. So, if you are using just one source of truth to monitor credit, this is the most important thing you can do. Because if you only look at one place, that one place becomes the baseline. You or your client may have your own preference as to which credit monitor you prefer. But whatever it is, you just have to stick with it and not jump around. With Credit Repair Cloud, you can actually choose from many different options. And all of them offer the three bureau reports that come straight from the credit bureaus and all three results. And with the options in the Credit Repair Cloud, they also pay you a commission for every customer you refer. What is important to know, however, is that they are imported directly into the Credit Repair Cloud with one click, which saves you hours of typing. So when you are doing a loan repair, these are the services you want to choose from. If you’re not already an active member, visit creditrepaircloud.com for a 30-day free trial. And if you’d like me to hold you by the hand while you start your own credit repair business, all for less than it takes to take your family to McDonald’s for dinner, head over to creditherochallenge.com and kick your feet today at. We have a new challenge that starts in just a few days, but you need to jump in quickly before the doors close. Otherwise, you will have to wait a long time until the next one. And if you value the things I share on this podcast, click below to sign up. And if you’re feeling nice, rate me and give me a review, give me a thumbs up because this is a new podcast and I can use any help I can get. And see you in the next episode. And until then keep changing your life!
Hey everyone, it’s Daniel again. And really quickly, I want to invite you to join what I think is the best thing we have ever created in the Credit Repair Cloud Community. And it’s a challenge that we call the Credit Hero Challenge. If you are in the process of planning your business or just starting out and dreaming of running a successful business, you can finish your nine to five and lay off your boss and have financial freedom, or you can add another source of income to your existing business. If this is your dream then this is a challenge you must face. We created this challenge to help you build and start your own credit repair business. Laying the right foundation for a really successful business. This challenge will help you understand the strategy, tactics, and all of the things that you will need to be successful in credit repair. It really is the best we’ve ever built and it will change your life. So I recommend you do it now. Stop it all, pause that audio, go online and go to creditherochallenge.com. This is creditherochallenge.com and join the next challenge. And there is a challenge that starts in a few days. Get started right now at creditherochallenge.com.