Recession Proof Webinar

8:20pm

I'm helping people with credit, they are still not getting approved.

Get approved for business credit card, but not a business loan. 

You not giving me a fair chance to start in business, in life because I don't have the bank products available.

I walked away from the bank. I jumped into credit repair and taught people how to navigate the credit systems and walk away from the job. 

As soon as we don't have money, it seems like all the business opportunities become available when we don't have the capital. and that's one of the things that ruffled me a lot. I don't come from a trust fund. 

I'm missing these opportunities. How do I get a trust fund behind me? How do I build my own trust fund?

Leverage credit, build my credit report where I can go and get money and go into the opportunities that I want to go 

I needed to be surrounded by the right individuals and see opportunities that were not presented to me. ice cream man or candy house in my projects. Entrepreneurs were the drug dealers in my community. 

I learned success leaves clue. they were not looking to hide information from me. the more successful the more willing to share information for me. 

2. I live a good life and I am a car guy, that is my thing. guess what? There is repossessions were my bad habits. why? I always had nice cards. wen things got slow I would have high car notes. In those seasons that were rough, I needed to get out of my vehicles. I had to let it go for a while. I didn't drive a nice car in 2.5 years. I bought 2 rental properties and invest in X and made 35k off of that. these are the thins that made me recession proof. 

I started learning credit. I leveraged credit so that my next business so I never have to go broke, because I have financial backing. then i leverage credit to pay for my mortgage, to pay for cars, to pay utilities. I started generating 6 figures due to leveraging credit, then boom! This is my business. 

Some people took notice, how to build financial strategies to take care of us and go into the next level. What is your why? What is your reason for wanting to start? Everything that made me who I am. I wanted to start a family and I didn't want to have a child and go through repossessions, etc. 

I learned to make myself recession proof based on something I had control of. This was based off of me. I became recession proof. I want a family and my daughters will come out different than how I came from. 

To provide you with tools, information and resources help you win consistently. I don't want to win once, or for a season. I want to win consistently. I did that leveraging credit. Information that is wrong. We're been brainwashed wrong by parents, grandparents, etc. 

Never spend on something that you can't afford. don't go into debt. all we were taught was what not to do with credit. Credit is only good for buying a house, buying a car and for a credit card and only put gas on it.  They didn't have the right information. They might have one and two, but they did not have all three. 

We are going to abolish the whole mindset of that is what credit is for. After this call, I understand new information. People get on calls and webinars and people learn nothing. I pride myself on sharing information that you can't find on google. My whole mindset is to 

Get information to build leaders in our community. If I can create you to be independent, then you can have others dependent on you. 

Turn credit to cash, you can learn how to do it so that you can empower your family. 

Banks run off a datepoint system? how many inquiries(how many people have you gone out there and asked for credit? 100 payment history. most people say don't go over 30 percent. we want to be 2 to 9% has a positive impact on your credit report.  Every month my utilization has a positive spot, so credit score will go up. 

You want to have 0 derogatory marks. This is where we struggle at. But no one tells us how to get negative items removed. How to clean our credit. They are not giving us the tools. 

Transunion, Equifax and Experian. only way if its unverifiable and inaccurate. I'm gonna help it unverifiable and inaccurate. I'm giving you guys credit repair, so take notes. Review your credit report. Look at name and address, look at places of employment. All of these come to play. Look to see if I have any misspelled names. 

I want to have one name on my credit report. Addresses. Dispute, remove the address, remove the name. Remove address from credit report. Use mom's address, cousin, whatever. You can call in and get these things remove. You don't have to send it. If the rep is not willing to do it, hang up and get another rep. Before we even do a dispute, call. That helps us do inaccuracies. 

Unverifiable.  all they do is collect data to match up to where you are. so, what are their names? LexusNexus. I know them. Sagestream is another one. CoreLogics, ARS, Innovis. They house secondary data information. When credit bureau verify the accounts, these companies did. You can go online and opt out of them reporting your information. Secondary bureaus, opt out. When you opt out, so that is only while you are disputing. When you are applying for credit, then you opt back in (?). Yes, 

When you opt out, now when the credit bureau go to verify your information, they can't. names are wrong. now we have to remove the negative items from the credit report. 609 letter we want to use. 

Now, after we opt out the secondary we still have to understand resources. They are privately owned companies. They are governed by the governor. company that regulates the big 3 from the government.

ConsumerFinancial Protection Bureau. Cfpb.org is their website. They enforce all of the rules. That is one of our best friends. Where do we go to tell, you are not practicing and holding up the law. I need you to remove them from our credit report. 

Another tactic, I want to send a 609 letter. They have 30 days to respond. computer scans my letters. I'm gonna take 609 letter and backdate it. What am I gonna do? Now it's gonna look like the investigation should have started 2 weeks ago. 2 weeks later, I send a 30 day demand to comply. You must complete your investigation. 

Rent reporters, they will give you accounts and backdate for 2 years. huh? now what you want to do is looking into companies like Creditmyrent and Creditkarma. 2 years of age to my credit report. guess what happens? it continues to build my credit report. 

Account mix, add a vehicle to my credit. How do I add that to my credit report? When you look to build your report. we want 10 plus positive accounts. So now we want to learn how do we add a positive account to our credit report. Swap police, website. how many are familiar? besides people who support me. Swab a lease, allows you to take over someone else's lease. I'm gonna show you guys. 

He looked up a lease in swab a lease site and found a car that is undesirable (really small) for 225 a month.  then charges businesses 234 a month to adversities on the car, one side, other side and back. Now go on indeed. Use car to do Uber eats, Uber, whatever.

$150 a week no car and insurance have access to this car. Use this car for 7 days. 1200 a month from the drivers. Making 250 dollars 3200 a month. i made that a month as a personal banker for wells fargo. Let's work ya'll. we can have more. what did I do? made money for myself, i'm generating business for people in my community and providing jobs for people that need money and starting to make income. People can support the business advertised in this car. Be a leader in our community. How many other families can take it to the next level? Do something for yourself. Be creative.

I sit in these meetings. They want to use my influence and the community that you have impact over.