Credit fixing never occurred to Juan Martinez of Orlando, Florida! From what he knew, bad credit is a terminal disease–a death sentence!
Juan, like millions of other people, overpay or get rejected. It becomes a way of life. Juan adjusted to overpaying & living without credit.
On his car, a 1997 Ford Explorer, the “buy here, pay here” THIEF is hitting Juan for 18% interest!
Juan knows he’s getting ripped off, as I shook my head at this news.
Yet, he didn’t know he could repair credit fast (or slow) and give himself a pay raise or even an early Christmas gift
This time, it was Juan who said, “Bad credit is damn expensive…PERIOD!” And the charts don’t lie as you will see for yourself….
THE SOLUTION
He took the words right out of my mouth. If you want to keep more of your money, stop opening your wallet & letting bad credit steal it from you.
That’s exactly what Juan was (and maybe you are) doing.
Bad credit hits you on automobile insurance, homeowner’s insurance, health insurance, renter’s insurance, life insurance, cell phone plans, credit cards, security deposits, utility deposits, etc.
Bad credit also hits you in ways you might never have imagined. In a moment, I’ll get to that…because you need to know about this new shocker!
Mortgage Madness Preys On People With Poor Credit!
You see, a “bad home loan” does not just hammer you with an outrageous interest rate; a bad loan also generally comes with a pre-payment penalty, which means you’re stuck with that “ugly” mortgage for 1-2 years. You’re stuck with this albatross around your neck or the 500-pound gorilla dragging you down for one to two years. Yikes!
One bad mortgage; one bad car loan; one humiliating credit application rejection; and even one sleepless night worrying about the late fees adding up from your bad credit – what is the price of your ugly credit? …of humiliating rejection? …of the sleepless nights?
Buying a house with poor credit is expensive or impossible. If you’re buying a house, you need to have the best credit you can get. Take a look below at the national average rates on a $165,000, 30-year fixed mortgage.
What if you could take $100 bucks a month, earn 10% per year & let it sit for 40 years? What’s the big deal? That “big deal” adds up to over $559,500. You see, it is a big deal!
Buying a car with poor credit…especially today…is a difficult as finding water in the desert. Even the “buy here, pay here” thieves are getting a little more picky as they lick their chops. Below, take a look at the national average rates on an auto loan of $22,000 for 36-month.
Keep in mind, the following chart does NOT include the outrageous interest rate demanded by “buy here, pay here” thieves:
Of course, this is real money that should be in your pocket…or in your son’s or daughter’s college fund…your vacation fund…or even your retirement account. It’s your money. Don’t let THEM steal your money.
Now, here’s one shocker you never expected. Your employer is checking credit. Hopefully, you’ve never lost out on a position or job promotion due to credit issues. It doesn’t matter what you think: good or bad, right or wrong. It’s 100% legal, and more and more are saying no to people with damaged credit…without your knowing it.
In a short 20 minutes, I helped Juan download all three of his credit reports (free) and identify three “re-aged” accounts (ILLEGAL), two accounts reported outside of statute of limitations (BAD) & one judgment that was NOT even his. He admitted receiving tons of “legal stuff” on somebody with his name, but he never thought anything about it.
I’m telling you, Juan’s reaction is not uncommon. Bad credit comes easily. Repairing credit fast (slow or at all) takes time, information & commitment.
if you’re challenged with credit issues, how would you like to “find” the early Christmas presents I helped Juan discover in just 20 minutes? I did the heavy lifting for Juan. The rest was up to him. I handed him my book, “The Busy Person’s Credit Makeover,” and videos and patted him on the back.
If he follows through, his 455 middle score should easily move into the 600s. And that was just 20 minutes and just a few pages of my book.
What do you think will happen if Juan takes a couple suggestions from the book for ADDING good credit accounts?
Get started today!
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