All your hard work, all your pressure, and persistence, all your expertise on behalf of your credit repair client, it all boils down to one simple number, the credit score. But there is one big problem. There are a ton of different scoring models. And it's really confusing. Which one is the best? Which one should I use? What's considered a good credit score? Well, today, I'm going to clear this up once and for all! So stick around!
So the big question is this. How can we take our passion for helping people with their credit, and turn it into a successful business without taking loans without spending a fortune by bootstrapping it from nothing, so we can help the most people and still become highly profitable? That is the question, and this podcast will give you the answer. My name is Daniel Rosen, and welcome to Credit Repair Business Secrets.
Okay, before I dive in, if you want me to hold you by the hand, as you launch your very own credit repair business, go to creditherochallenge.com. Okay, let's get into this! Now, how many times has a client called you because they checked their Credit Karma, or their Credit Sesame, or any of the other free credit tracker scores, and then they complain that their score either went down or is different from what you told them? It happens all the time, right? But why? Well, the short answer is, it's because they have different scoring models! In Most of the free credit score trackers, they use their own scoring models, which means they use their own criteria to determine your score. And then you look at the big ones like FICO, for example. Right now, FICO has 28 different scoring models. That's 28 different scores! Some are modeled for various credit card lending decisions, some are for mortgage lending decisions, some are for automotive lenders, and on, and on, and on, and on. Now, the other big one is a Vantage, which has four different scoring models. And they're each used for a specific purpose. And then many of the largest lenders in the country, they have their own internal scoring model. So that's a major reason why scores can be so different from one place to the next. So which score is the best? None of them! There isn't one that's best. The important thing is that you stick with whichever one you choose. And that way you can accurately track the changes. Think of credit monitoring as a gauge. Keeping your eye on that gauge, it gives you and your clients a general idea of how they're doing and the results that you're getting them. When negative items are removed, or debt is paid down, the gauge goes up, and you know progress has been made. And when negative items are added or debt goes up, the gauge goes down. And then you know there's a problem. So just using one source of truth, to monitor the credit, that is the most important thing you can do. Because if you're just looking at one place, that one place becomes the baseline. You or your client, you may have your own preference as to which credit monitoring you prefer. But whatever it is, you need to just 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 directly from the credit bureaus and all three scores. And with the options that are in Credit Repair Cloud, they will also pay you a commission for each client that you refer. But the important thing to know is that they import right into Credit Repair Cloud with one click, saving you hours and hours of typing. So if you're doing credit repair, those are the services that you'll want to pick from. So if you're not an active member yet, just go to creditrepaircloud.com for a 30-day free trial. And if you want me to hold you by the hand as you launch your very own credit repair business, all for less than it takes to bring your family to McDonald's for dinner, then go to creditherochallenge.com and join today. We have a new challenge starting in just a couple of of days, but you've got to get in quick before the doors close. Otherwise, you're gonna have to wait a long time until the next one. And if you're finding value in the things that I'm sharing on this podcast, click below to subscribe. And if you're feeling kind, rate me and give me a review, give me a thumbs up, because this is a new podcast, and I can use all the help I can get. And I will see you on the next episode. And until then, keep changing lives!
Hey, everybody, it's Daniel again. And really quick, I'd like to invite you to join what I believe is the best thing we have ever created inside the Credit Repair Cloud Community. And it is a challenge that we call the Credit Hero Challenge. If you're just planning out your business, or you're just getting started, and you dream of having a successful business your own, so you can quit your nine to five and fire your boss and have financial freedom, or so you can add another revenue stream to your existing business, if that's your dream, you need to get into this challenge. We created this challenge to help you to create and launch your very own credit repair business. To build a proper foundation for a really successful business. This challenge is going to help you to understand the strategy, the tactics, and all the things you need to be successful at credit repair. It really is the greatest thing we have ever built, and it will change your life. So I recommend you do it right now. Stop everything, pause this audio, go online, and go to creditherochallenge.com. That's creditherochallenge.com and join the next challenge. And there's a challenge that's starting in just a few days. So go get started right now at creditherochallenge.com.