Finance :: Credit :: Personal :: How to Get Approved for Up to $35,000 from Multiple Local Banks in the Same Week
⪼ Made with 💜 by Polyglot.
Best Banks Method. Increase Scores. Personal Credit. Bank Lines of Credit. Local Banks. Can apply to multiple banks and get the same loan from multiple banks.
Steven Snider
- Trained by Fico
- Filed personal bankrupcy in 2012
- 3 weeks, $177,500 approved @ 4 local banks
- Average Credit Score
- Bank Lines of Credit
- No W2, 1099s, No Tax Returns ... Just an ID
- Apply for smaller amounts through several banks that offer this unique program
- This is primarily a personal lending solution
- If you have a business, same method will work as well (4 things needed)
- Increase score 190 points in 60 days
- ...
- Knowing a bank's credit guidelines means you can know if you'll get approved before applying.
- Get Your Real Credit Scores
- Transunion & Equifax & Credit Karma, sell fake scores to consumers; banks are looking at FICO score.
- There are only 3 ways to see your REAL score: Mortgage Lender (lowers score 1-12 points per inquire), FICO score estimator (score range, useless), Purchase from myFICO ($60) -> doesn't lower score, gives you true score, same one banks and lenders use.
- Verify you have at least one average credit score (711)
- Verify at least one report is clean (no negative items appearing on at least one)
- There are ways to get a clean report quickly
- 11 ways to increase scores quickly
- Work only with local banks
- Each bank names it something different
- Too many inquiries can get you turned down even with a good score (even 800 scores)
- Sign up for score monitoring
- Use a score simulator tool
- Create a blueprint based on what tools above reveal (put that blueprint on bathroom mirror)
- Act on the blueprint (30 - 60 day sprint)
- Monitor changes in score
- Get new credit reports & apply
- Deleting Negative Items
The Collection Deletion Framework
- Takes up to 60 days from reporting agencies for every set of letters
- Negotiate a settlement (2 weeks)
- Determine if you have negative accounts (credit monitoring or free credit report)
- Contact information from each creditor (you can get contacts from reporting agency)
- Determine if you have "Active" or "Closed" (charged off, etc)
- Credit Fixing Agencies are best for "Closed" accounts
- Handle active with "Settlement" in return for deletion
- Negative Items must be DELETED
- Get new reports & scores after items are DELETED
- [ ]
- Paydex of 80
- EIN
- Pay off Personal Credit Cards (30 days later, scores soar)
- Shifting Debt: shift it to different bank product (scores will soar)
- Uncover each banks
- The primarily use Experian because Experian has the most comprehensive report
