Credit Repair Business Secrets

Latest Episodes:

STOP Selling TRADELINES! Oct 20, 2020

Show notes

Tradelines... Lemme just say that again… TRADELINES...

If that doesn’t send a shiver down your spine, you can’t afford to miss this. This incredibly scary and dangerous practice is infiltrating our industry and it has huge consequences.

Hundreds of thousands of people are faced with life-altering ramifications and as a Credit Hero, you MUST know the truth so you can educate and protect your business and customers.

Today, I’m exposing tradelines for what they REALLY are, sharing why you SHOULD NEVER use them, and exposing why tradeline brokers are one of the scariest things about the credit repair industry.

Key Takeaways for This Week:

How do banks benefit from authorized user accounts? (1:29)
What is piggybacking, and how does it work? (2:27)
Are tradelines legal? (4:13)
The key difference between buying tradelines and piggybacking (6:07)
How to use the piggybacking technique to improve your credit score (7:19)
What our Credit Hero Jose Rodriguez has to say about tradelines (9:57)

Additional Resources:

Get a free trial to Credit Repair Cloud
Sign up for the Credit Hero Challenge

Make sure to subscribe so you stay up to date with our latest episodes!

Are Credit Sweeps a Legit Way of Doing Credit Repair? Oct 13, 2020

Show notes

“ANYTHING and EVERYTHING deleted in days not months” …

I’m sure you’ve seen the ads and I’m sure you’ve wondered, “What are they doing to get such crazy results and how can I do the same?”

The simple truth of all these ads claiming to IMMEDIATELY erase EVERYTHING negative on your report is…

It’s a SCAM called “credit sweeps”.

And it’s super scary and dangerous because it’s ruining thousands of people’s lives every day.

The term “credit sweeps” is a phrase and marketing gimmick to make you believe the process of removing negative information is legal and legitimate, when in fact it’s not.

Not only is it not legitimate, but it’s also illegal in most cases!

The process of “sweeping a credit report” can only happen by lying to the police, by making false claims to the credit bureaus and ultimately you can get JAIL TIME for this!

Today, I’m exposing the SCARY truth of how people are getting these kinds of results and why you should RUN as fast as you can in the opposite direction as soon as you see something like this!

Key Takeaways for This Week:

What are “credit sweeps”? (1:02)
Are credit sweeps legit? (2:16)
How do people perform credit sweeps (3:06)
The ONLY way to get REAL results in the credit repair industry (5:10)
Be a Credit Hero - not a Credit Villain! (6:20)
What our Millionaires Club member Bruce Politano has to say about credit sweeps (8:16)

Additional Resources:

Get a free trial to Credit Repair Cloud
Sign up for the Credit Hero Challenge

Make sure to subscribe so you stay up to date with our latest episodes!

Scary Credit Repair Stories: Giant Banks Are Out to Hurt YOU! Oct 06, 2020

Show notes

Today, in honor of Halloween month, I thought I’d kick off my October Scary Credit Repair Stories series with something I’ve NEVER shared publicly before…

In 2010 my life looked VERY different than it does right now. I had just finished battling a bank error that nearly ruined my life by ruining my credit.

I’d shut myself in my room from before sunup to WAY after sundown, typing away at my computer, trying to build the first credit repair software.

I was a total mess!

So there I was, unshaven, unbathed, malnourished - hadn’t seen fresh food in months… eyes bloodshot from staring at the computer screen… trying to build what would one day turn into Credit Repair Cloud… and I was doing EVERYTHING I could to make my payments EARLY to Bank of America for my mortgage.

This was during the mortgage crisis. So when one day I heard they had a special program that lowered your mortgage interest rate to 2%, I thought - “Well, every penny counts - I want in that program!”

So I called and asked if I could enroll and lower my interest rate… and that’s when it happened… That’s when hell broke loose and I nearly lost everything.

Tune in to this week’s episode to learn how you can make sure this NEVER happens to you or your clients!

Key Takeaways for This Week:

My scary credit repair story from 2010 (0:56)
How I almost got scammed into losing everything (2:37)
Endless struggles with phony debt collectors and how I won eventually (5:27)
Just how bad is the current economic crisis going to get? (9:57)
Why is NOW the best time to perfect your credit repair skills? (12:04)
The one thing you need to know about giant banks (14:26)
Andre Coakley’s moving story about becoming a Credit Hero and changing lives (16:01)

Additional Resources:

Get a free trial to Credit Repair Cloud
Sign up for the Credit Hero Challenge

Make sure to subscribe so you stay up to date with our latest episodes!

10 Steps To A Profitable Credit Repair Business Sep 29, 2020

Show notes

Would you like my PROVEN process to launching a profitable credit repair business in just a handful of steps?

Now, the best way to do this to have a Credit Repair Cloud membership. So before I dive in, if you don’t have an account with us yet - I’ll give you one absolutely free for 30 days. So go sign up quickly at creditrepaircloud.com so you can follow this super simple flow I’m going to show you today!

Some of us just aren’t a gifted “techie”. We get easily overwhelmed when trying to learn and new software. I know it might be hard to believe, but I’m not techie AT ALL even though I’m the founder of CRC! That’s why now that we have an entire development team, we work hard to make it extremely user friendly!

If I can use it - ANYBODY can use it!

So let’s dive into the 10 steps you need to take to launch and build your successful credit repair business.

Now, I’m keeping this very simple because I want to prove to you how easy it really is. If you want to dive deeper and really understand how to execute each step, join our next Credit Hero Challenge!
https://creditherochallenge.com/live

Key Takeaways for This Week:

How to get free 30-day access to Credit Repair Cloud (0:13)
Why I created Credit Repair Cloud - even though I’m NOT a techie (2:42)
How will my easy-to-understand flow help you start a credit repair business? (4:26)
The 10 steps for starting a successful credit repair business (5:23)
One of the most important things you need to remember ab (9:16)
How Credit Repair Cloud helped Serge Bagdasarov build his million-dollar business (10:09)

Additional Resources:

Get a free trial to Credit Repair Cloud
Sign up for the Credit Hero Challenge

Make sure to subscribe so you stay up to date with our latest episodes!

How To Strike Back Against Debt Collectors - And WIN! Sep 22, 2020

Show notes

Scams, scams, and more scams! False, illegitimate, or even worse, illegal debt collection agencies are popping up left and right. How do you know when to pay a debt and when not to pay a debt, or what’s real and what’s not?

If you haven’t yet been approached by clients who have been harassed by debt collectors, you will soon, and you need to know what to do and what NOT to do to help and protect them.

The FDCPA (or the Fair Debt Collection Practices) was created to prevent unfair, deceptive, or abusive practices by debt collectors. But, too often, it doesn’t stop them from breaking the law in an attempt to collect on the debt.

However, once they do break the law, it’s possible not only to stop the harassment but also to be awarded a settlement!

As you’re becoming an expert in credit repair, it’s important to understand the regulations so you can advise your clients on how to respond and whether they are being treated unfairly according to the law.

In this episode, I’m going to give you the tools you need in your toolbelt, so you can strike back against debt collectors - AND WIN!

Key Takeaways for This Week:

How to protect your credit repair clients from scammer debt collectors (1:00)
Illegal debt collection agencies are betting your client won’t put up a fight (2:36)
The three major FDCPA restrictions on debt collectors (3:38)
How quickly does your client need to answer a letter from a debt collector? (6:34)
How does having a paper trial protect your client against debt collection scams? (7:07)
Top 7 ways to strike back against debt collectors (7:37)
What I learned from one of my recent episodes with Ray Bueno (9:14)

Additional Resources:

Get a free trial to Credit Repair Cloud
Sign up for the Credit Hero Challenge

Make sure to subscribe so you stay up to date with our latest episodes!

Work Smarter Not Harder - How To Build a Team Sep 15, 2020

Show notes

Today I’m sharing super-secret steps that cost me hundreds of thousands of dollars to learn.

When you listen to these steps, they might sound a little crazy. But they’re exactly what we do at Credit Repair Cloud and how we’ve scaled our company from one broke guy in his underpants to a 70+ person team, making millions!

And the best part is - these steps don’t just work for us. They work for EVERY company, no matter how new or how small.

Tune in for this episode to get my high - value, super-secret steps to building a team and scaling your business by working smarter instead of harder!

Key Takeaways for This Week:

Why I pretended to be an entire team of people when I was first starting out (1:16)
The two types of work in a business (2:38)
The number one reason preventing people from scaling their credit repair businesses (4:07)
Why is teamwork an essential component of success? (4:57)
My super-secret steps to building a great team (6:24)
How to do a Time Study (6:38)
What are SOPs, and why do you need them in your business? (9:17)
What is a DISC Personality Test? (11:38)
A key rule to have in mind when hiring people (12:27)
Why do you need to pay special attention to customer service? (12:49)
The power of morning meetings (13:18)
How to create a great company culture (15:58)
How Alex Charfen helped me build my empire (17:47)

Additional Resources:

Get a free trial to Credit Repair Cloud
Sign up for the Credit Hero Challenge
Download Alex Charfen’s Time Study doc (FREE)

Make sure to subscribe so you stay up to date with our latest episodes!

How to Build A Thriving Team (and The Future of Credit Repair) with Alex Charfen Sep 08, 2020

Show notes

This week on the podcast, I am joined by a very special guest. I’m so happy to welcome Alex Charfen, my coach and mentor, who’s helped me scale my Credit Repair Cloud team to over 70 employees and build an empire.

Alex is renowned in the entrepreneurial world for helping people scale and grow their business. In fact, our current processes and systems are entirely based on his brilliant training and programs.

For the last 20 years, Alex has been working on guiding entrepreneurs to better business. With remarkable success, I may add!

Today he’s working with hundreds of businesses worldwide and helping them make their greatest contribution.

So if you’ve started a credit repair business, but just can’t seem to figure out the next step, you HAVE TO listen to this episode!

Trust me, when it comes to scaling your business to a new level, there’s no better person to turn to than Alex Charfen.

Also, after you’ve listened to the podcast, make sure to look for a free download link to Alex’s Time Study document in the Additional Resources section.

Enjoy!

Key Takeaways for This Week:

Alex Charfen’s incredible journey (2:29)
How Alex developed a deep understanding of the entrepreneurial mind (6:17)
What are the key characteristics of the Entrepreneurial Personality Type? (9:35)
Living with an obsessive need to drive forward (10:43)
Who is the most important person in your business? (14:32)
The secret to growing and scaling your team (17:28)
Is now the best time to be working in credit repair? (23:10)
One of the most rewarding feelings in the world is... (29:15)
How is Momentum Masterclass helping entrepreneurs level up their business? (32:02)
Breaking down the 4 steps of the Contribution Equation (33:47)
Rapid-fire questions with Alex Charfen (40:02)

Additional Resources:

Get a free trial to Credit Repair Cloud
Sign up for the Credit Hero Challenge
Download Alex Charfen’s Time Study doc (FREE)

Make sure to subscribe so you stay up to date with our latest episodes!

Money Mindset - Are You Holding Yourself Back? Sep 01, 2020

Show notes

What comes to mind when you hear the word MONEY? Maybe you want more of it. Maybe you’re afraid of it. Maybe you spend too much of it when you don’t have it. Maybe that’s why you’re reading this.

In this article, I’m sharing with you three money mindsets that could be holding you back and what you can do to get out of your own way so you can MAKE IT RAIN!

So many of us got into credit repair because we came from nothing, had nothing, or what little we had was being threatened to be taken from us by the giant banks and bureaus.

Because of that, our thoughts in life about money - too often - are filled with stinkin’ thinkin’, which leads to decisions that could be keeping you stuck.

If you don’t get your mind right about money - you risk staying stuck in a cycle of lack instead of a cycle of plenty.

Without the right understanding of how to leverage your money in your business, you could do like I did and spend way more than you have, with nothing to show for it. I’ll share more about that in a minute.

And lastly, if your focus remains just on money alone - you’re not seeing the BIG PICTURE and that will be the number one thing stopping you from growing beyond what you can even imagine.

Today, I’m going to give you 3 money mindsets, to help you identify if you’ve got stinkin’ thinkin’ - and if you need to make a change so you can be successful in business and in life.

Key Takeaways for This Week:

Why you need to get your mind right about money (1:04)
The three money mindsets for letting go of stinkin’ thinkin’ (2:04)
How to build a business from nothing (2:40)
My story of how getting in debt almost ruined me (3:44)
The benefits of Credit Repair Cloud automations (5:16)
Taking responsibility and getting into a badass mode (6:47)
The one thing ALL credit repair success stories have in common (7:52)
What happens when you value people over money (9:05)
How Jeff Rubens built his million-dollar credit repair business by caring about people (11:02)

Additional Resources:

Get a free trial to Credit Repair Cloud
Sign up for the Credit Hero Challenge

Make sure to subscribe so you stay up to date with our latest episodes!

Proven Steps From Zero To Millionaire Part 2 Aug 25, 2020

Show notes

People in our community start businesses on a shoestring budget in exactly the way I shared with you in Part One, and what I’m sharing in today’s part two article.

It’s a proven system and it really works, but you’ve got to be patient and learn your craft.

Credit repair isn’t a “get rich quick scheme”. It’s hard work and some days it feels like you’re pushing a boulder up a cliff, but if you keep positive, have passion, and do at least one thing every day to move your business forward, you’ll gain momentum and build the company of your dreams a whole lot faster than you think!

So tune in to this episode and I’ll tell you exactly how!

Key Takeaways for This Week:

How is building a business similar to building a house? (1:22)
Do this instead of looking for shortcuts (2:24)
How to process failure and grow from it (3:02)
Where to get printed marketing materials (4:13)
The secret to growing a great affiliate network (4:58)
How to grow your mail list (5:47)
Why you need to grow a team as soon as you can afford it (6:32)
The best way to make sure you keep going (6:53)
Tracy Arnett’s incredible success story (7:27)

Additional Resources:

Get a free trial to Credit Repair Cloud
Sign up for the Credit Hero Challenge

Make sure to subscribe so you stay up to date with our latest episodes!

Proven Steps From Zero To Millionaire Part 1 Aug 18, 2020

Show notes

Did you know most of our credit repair millionaires started from nothing and with nothing? And guess what? You can too!

There’s a common misconception that to be successful you need to pour money into things like paid ads, flashy websites, and a big team. But the truth is, most of our millionaires didn’t start with any of that stuff - and neither did I!

Have you ever thought you needed a bunch of big, expensive, flashy stuff to get your business up and running? I think we all have at one time or another.

But you know what I discovered both in my business and after helping thousands of Credit Heroes quit their 9-5 jobs, and earn six and seven-figure incomes?

I discovered that the best way to go from zero to a millionaire costs you almost NOTHING!

Tune in to this week’s episode to hear the first 6 proven steps that will help you build a million-dollar credit repair business.

Key Takeaways for This Week:

Why I pretended to have an entire team when first starting out (0:59)
The biggest thing I’ve learned from helping people start a credit repair business (1:59)
The dangers of wasting time and money on things that don’t work (2:48)
Step one of bootstrapping a highly profitable credit repair business (3:50)
Who should be your first clients? (4:48)
What is your best form of advertising? (5:58)
Things you should look into before you start charging for credit repair (6:54)
Why you need to keep your business simple (7:48)
How Ashley Massengill made a million dollars in 18 months following these steps (8:34)

Additional Resources: