Your Wealth Foundation: 2 of 7

I am amazed that every time I go over the ‘7 Foundations to Your Wealth Foundation’ that regardless of the Net Worth or financial sophistication of the person I’m meeting with they are always enlightened somehow and shown massive holes that are costing them thousands of dollars.

The second step everyone needs to have is an Read the rest of this entry »

How To Get Your Credit Score Absolutely Free!

There are a number of services that offer to have you track your credit report activity and get your credit scores, too. The problem with these services is that they charge upwards of $10-$20 per month. I don’t know about you, but I think it’s criminal to charge me to
access information about myself that someone else has created and that affects my financial life more than anything else in the world.

So paying $200+ a year to get access to info about myself is absurd.  Thankfully one of the credit bureaus is starting to Read the rest of this entry »

How To Increase Your Credit Score As Much As 25 Points In Less Than 5 Minutes

I know that I have given a lot of background info and have busted the myths of how to perfect your credit in the past few days, so today I want to give you something that can be implemented immediately, will create results, and won’t cost you a single penny to do it.

There is a secret arrangement that creditors have with the credit bureaus to gain access to your credit report without you ever knowing about it. This arrangement is setup so that the creditors can select prospective clients to send specific offers to and increase the results of their advertising. It’s what causes your mailbox to fill with ‘pre-approved’ credit offers that you’ve never applied for and didn’t come from having a prior relationship with that creditor.

The creditor doesn’t get access to your complete credit report, but they get enough to find out if you’re in the ballpark of their ideal client profile and can match an offer to who they think you are. There are multiple problems with this situation. Read the rest of this entry »

The Myths of Getting Perfect Credit

Here are a few myth’s about what NOT to do to perfect your credit. These are the ones that I’m constantly ‘blowing up’ with my clients and seem to be so pervasive.

Myth #1: Close all of your credit cards once you become debt free.

Big mistake! Read the rest of this entry »

The Truth About The Law Firms That Claim They Can Clean Up Your Credit

When you look at the world of Credit Repair there are seemingly countless providers out there claiming they are THE source to help get your credit cleaned up and back into the land of the living. Heck, I just did a Google search for ‘Credit Repair Companies’ and came back with 455,000 listings!

Given the fact that I was your average college student who got a credit card at a baseball game because I wanted the free Giants towel they were giving away when I applied for one, I came out of college with less than stellar credit. As a matter of fact, in my second year of grad school I pulled my credit and my mid score was 510!! Pretty lousy.

I didn’t have the foggiest idea what to do to fix the problem, so I signed up to work with a company (a law firm in Utah) Read the rest of this entry »

The #1 Factor That Keeps Your Credit Score Down

And how to avoid it!

For most people, this one single tip is all they need to follow to have perfect credit for the rest of their lives. I’ve seen clients have everything else in place, except this one and have their credit stuck at 680.

Here it is… Read the rest of this entry »