As a Credit Hero, you work hard every day to clear up your clients’ credit reports, so they can get the BEST results.
But being successful in credit repair is more than deleting errors and disputing. Wiping away those negative items can be a temporary band-aid!
Do you want to know why credit card companies designed credit cards?
Credit cards are designed to trap people.
From the start, the goal of Credit Card Companies was to get people to overuse their credit cards. This forces people to pay high fees and high-interest rates, and that’s why so many credit repair companies report that their clients’ BIGGEST problem is … Credit Card Debt.
What’s even worse, credit cards only target the most vulnerable people, the ones who already have credit problems and who won’t be able to dig themselves out of the credit card hole once they start. The bottom line is that this endless loop of bad credit keeps people poor while making credit card companies richer and richer. Credit card companies are evil!
This means a major part of your success is also about understanding how the credit card system works and using everything possible to your advantage, including one of the MOST IMPORTANT parts of the process ... coaching your clients to take control of their financial lives!
How would you like to learn the SECRETS to turning the tables on credit card companies?
In this article, I’ll give you some key highlights from my podcast interview with top industry expert Dan Benveniste, and lead you through the best ways to help your clients get rid of debt.
Plus, I’ll invite you to Dan’s NEW Credit Card Secrets course, which is the MOST comprehensive course of its kind, so you can go more in-depth with the BEST tactics available. Dan is also the creator of the incredibly popular course, How To Become a Personal Finance Coach!
Now, he’s bringing you this amazing opportunity, because understanding the credit card system and knowing how to rescue your clients from financial nightmares can help you and your clients to...
And, of course, by going the extra mile and changing more lives, you will be able to
And the best part is, your clients will LOVE you for it!
Dan’s course gives you a TON of detailed information about all of the latest strategies to make sense of the credit card system, understand which people win and which people lose, know which credit cards to use, how to pay off debt fastest, how to when to consolidate debt, how to get a bunch of free stuff, and a LOT of other really helpful information that you need to reach all of your credit repair goals …
It’s really EASY to complete and takes almost zero effort.
The Two Ways Credit Card Companies Make All Their Money
When a credit card bill comes due and you don’t have the money to pay it, you may feel guilty, but that’s exactly what the credit card companies want you to feel! If you can’t pay your full balance, there’s a fee, and on top of that, there’s interest to pay!
Interest is the biggest portion of the money that the credit card industry makes. This means they make most of their money off of people not being able to pay their bills on time.
One thing to keep in mind is that getting credit cards with the lowest interest rates can be tricky, so in the Credit Card Secrets course, Dan will take you deeper into how EXACTLY to do that for yourself and your clients!
Every time you use your credit card, the retailer pays a fee back to the credit card company. That fee is then added to the consumer costs. Which means ...
And the dirty secret that many people don’t know is, most of that fee is how the credit card companies afford their rewards programs. All of those free tickets and perks that some people get from their credit cards are paid for by the fee that the companies charge retailers.
The fact is, this is what makes credit cards so unique compared to everything else. It’s the people who are in the most stressful situations, and the ones who are struggling the most to pay their bills … they are the ones who are paying for the whole service for everyone else!
So, in the Credit Card Secrets course, you’ll learn how you and your clients can leverage all that free stuff so your clients can turn the tables on credit card companies, once and for all.
“So How Do I Turn The Tables On Credit Card Companies?”
Did you know there are options for paying off credit cards? Sometimes, people need somebody who understands the system to look over their finances and come up with a strategy and a long-term plan!
Most people don’t know how many credit cards they owe money to, which cards have the highest interest rates, and what is the minimum payment.
Often, once you’ve learned how it works, the answer is staring you in the face! Then the next step is to create a plan to pay down the amount. Credit card debt is some of the highest interest anyone pays, so sometimes it makes sense to use home equity to pay down the cards. The cards with the highest rates should be paid off first because they’re the ones with the highest penalty.
In many cases, it makes sense to consolidate your debt in the lowest interest possible. Consolidating this way will allow you to pay it off faster… and
But always be careful before consolidating, because there are scams that put you in at a low-interest rate at the beginning, and then it jumps up to a very high rate.
When credit repair business owners start signing up more and more clients, the biggest issue they’re constantly running into is their clients’ credit card debt.
Someone who owes a really big chunk of their maximum credit line will see a negative impact on their credit score. This is still true, even if they’re paying off their balance every month or paying the minimum payment.
Another dirty secret that many people don’t know is ...
The endless credit spiral comes when someone isn’t able to pay their interest. Not only are people paying interest on the principal, but they’re also paying interest on the interest! This puts them in a deeper hole, which affects their credit score, and that causes them to have higher interest rates, which makes it even harder to make payments .. and the spiral continues until someone comes along to shine the light and to stop the bleeding.
So remember, as a Credit Hero, removing the negative items is half the work, the other half means helping your clients to get out of debt and make wise financial decisions. You need to be savvy and understand the system, so you can always point your clients to where the opportunities are.
If you’ve always wanted to tap into changing lives and help your clients this way, now is your chance to start!
To register for this limited-time Credit Card Secrets course, just click the link below!
https://www.creditrepaircloud.com/creditcardsecrets
For SO many more surprising secrets from today’s interview with Dan, don’t forget to go to my podcast!
And one more thing! If you want to get certified in disputing and launch your very own credit repair business in just a couple of weeks, I invite you to join our Credit Hero Challenge!
It’s an amazing program that has helped tons of Credit Heroes get their first clients, get certified in disputing, and gain confidence in knowing they are launching their credit repair business on a solid foundation that allows them to grow and scale FAST!
We’re starting again soon, so SIGN UP NOW at creditherochallenge.com!