Insider Techniques To Raise Your Credit Score Fast

If there is one question I'm asked by consumers more than any other about credit, it's this "What's the fastest way to raise my credit score?". My response is always the same "How much do you want to raise it?"

If you wish to increase your score from 580 to 650 then your strategy will be very different from someone wanting to go from 670 to 725. Why? Because you starting point is different which requires a different approach. Also, while the removal of negative items from a report will almost always lead to an increase in score, it's a basic concept at best.



Therefore, within this article, we'll discuss somewhat inside techniques known by very few (since this is what our company specializes in publishing).

In relation to just removing negative items, these are techniques which you can use even if you have NO derogatory information on your credit report. We'll start with the most overlooked strategy first and that's your…

DEBT to CREDIT RATIO: The most fraudulent belief I've been hearing for over 15 years is "I have excellent credit, I pay all my bills off in full every month!" This is a false belief for one to buy into and understanding your debt to credit ratio holds the key to getting your "credit mindset" right.



Your debt to credit ratio is your ratio of debt to total available credit you have been extended (revolving accounts only). For example. If you have $10,000 in total unsecured revolving credit accounts and you're currently in debt $2500, then your debt to credit ratio is 25%. Since the main way lenders make money is by charging interest, one of the elements of the credit scoring model is driven by your ability to maintain balances and pay over time. This shows your true (long term) credit worthiness which is most profitable to lenders since they make money primarily via interest and not annual fees.



Over the years we've discovered without question that carrying the proper debt to credit ratio will boost your score faster than paying off your bills in full each month. I have argued with the Better Business Bureau on this topic for and they still disagree (despite my sending them proof from Fair Isaacs own website www.MyFico.com the organization which invented the credit scoring software used by credit bureaus).

Of course, what do you do if you're like most Americans and your debt to credit ratio is too high? For example.



You have $10,000 in unsecured revolving accounts but you owe $8500, thereby giving you an 85% debt to credit ratio. How can you bring it down without selling everything you own? The answer is simple and takes us to the next technique which is…

SUB-PRIME MERCHANDISE CARDS: The single most cost effective (and powerful) tool for consumers to increase their high credit limit and decrease their debt to credit ratio is the use of Sub-Prime Merchandise Cards which report to one of more of the major credit bureaus.



Unfortunately, despite their immense benefits, these are the most misunderstood cards in the credit industry. A large portion of the misunderstanding is due to marketers misrepresenting the cards and the growing number of companies promoting them. When you learn how they work one quickly understands why they have been the subject of much misrepresentation.

A Sub-Prime Merchandise Card is nothing more than a card attached to a line of credit which allows you to buy merchandise from a specific vendor (usually the company that sold you the card).



The merchandise (in most cases) will be purchased through a catalog or online mall.

Where the problem arises is that the cards are marketed almost exclusively to the sub prime market via email, telemarketing and direct mail etc. The reason for this is they can advertise almost irresistible offers like "$5,000 Credit Card… GUARANTEED! No Credit Check! NO Cosigner! You cannot be turned down!" or "Unsecured $10,000 Credit Line! Everyone Approved!". I'm sure you get the idea…

While there are many companies which do this and are a "shady at best", there are a few which do it legitimately and it's the best kept secret to build your credit and build it fast.



Here's how it works: the company approves anyone with a pulse (literally) and gives them a card for $2,500 to $12,500 with NO credit check and NO cosigner. However, the card is only good for merchandise through their website or catalogs and the consumer is required to put down a deposit on whatever they purchase. After the deposit is paid, the remaining balance is financed on the card.

For example. A person buys $1,000 worth of merchandise. Their deposit is $300 so they then finance $700 on their merchandise card and make payments.



Sound like a scam? If you say "Yes" like most people then you're missing the point… big time.

With a legitimate Sub-Prime Merchandise Card your credit line WILL be reported to at least one major credit bureau (or more). This means if you get a $5,000 card and you finance $500, on your credit report it will look like any other credit card and will do three extremely important things for you.

1.) It will increase your current "High Credit Limit" by $5,000 almost overnight as the account "looks" like any other unsecured revolving account.



2.) By carrying a small outstanding balance it will positively impact your credit report by building and showing potential lenders your credit worthiness.

3.) With a good payment history you are virtually guaranteed to receive "legitimate" pre-approved credit offers in the future due to other lenders renting your name from the credit bureaus.

This technique is hard to beat for both cost and effectiveness. Of course, the whole key is knowing exactly which cards report to the credit bureau and offer the best rates.



The only thing more effective is…

PIGGYBACKING: Despite its' virtually unlimited potential, piggybacking is not used by nearly as many consumers as it should be. It's easy, effective, and extremely fast. Unfortunately, it's mostly used among parents and siblings while those who can really benefit stay in the dark.

How it works. Almost every credit card or credit account will allow the primary account holder to add on (at a later date) what's known as an "Authorized User" or "Secondary Account Holder".



In most cases, when this is done, the entire account history (retroactively) gets posted to the authorized users credit report regardless of their current age or credit history!

For example. If it's a credit card with a $10,000 limit which has been paid as agreed for the last 10 years, then that complete history will be posted to the authorized users' credit report. I once saw a clients' credit report who used this technique with his mother. He was only 24 at the time and he had a $15,000 Gold credit card on his report with history going back 11 years! I laughed as I thought to myself that this kid would have had to be approved when he was 13 years old for this account to be his!

As you can see, this strategy is usually only used by parents and their children and in most cases with no regard to the benefits the children are reaping credit wise! In fact, in recent years, due to its' effectiveness, this technique has led individuals with excellent credit scores to "rent out" authorized user accounts on one or even multiple credit cards in return for a fee! I once recall seeing an ad in USA TODAY for just such an opportunity.



Like most good credit loopholes, I'm sure this methods' days are numbered much like what may be the case with…

ADVANCED CREDIT PROFILING: This is a strategy while not complex, can be taken to very complex levels. Even in its' most basic form, it's taken advantage of by very, very few. It involves intentionally building your credit report in a way which creates a "profile" that closely fits the criteria of most lenders (as well as the overall credit scoring system). Again, this is a technique which can be used in a myriad of complex ways, but for simplicity I will explain it in its' most basic form.



While many consumers will boast when they have 10, 20, 30 or even 50 thousand dollars worth of credit cards on their report, many of these same people do NOT have even one mortgage, automotive loan or lease, equipment loan or a even a line of credit with a local bank or credit union. These other forms of credit create a much more well rounded credit profile for the consumer. This is achieved by showing greater credit account diversity and experience with multiple types of credit due to the various lines held.



For example. A person with $50K in credit cards does not represent near the credit experience as a person with the same $50K along with a mortgage, an automotive loan and an equipment lease. We have clients who have financed vehicles not because they had to (or even wanted to) but because they "needed to" in order to create a credit profile that would position them in the future to secure the lowest possible rate on a mortgage when they applied and needed it.



More complex forms of Advance Credit Profiling involve one subscribing to affluent or semi-affluent business and professional publications and organizations. These would include magazines, newsletters, trade journals and national associations. The goal is to get ones name into the databases of these publications and organizations. Why? To get on highly targeted lists in order to receive select credit offers.

Marketers of credit offers have found that simply renting names of consumers from the credit bureaus does not provide enough information about the person as a credit risk anymore.



Therefore, it is speculated that many will rent a list from the credit bureau and then cross-reference this list against another list they have secured from a consumer source such as an affluent business or professional publication, trade journal or organization.

By crossing the two lists together the marketers find the names contained on both lists. This in turn provides them with one highly refined and targeted list to mail their offer to. This results in shortening the process of securing a new quality account holder thus lower the overall account acquisition cost of new accounts.



When a consumer learns how to intentionally put themselves into these databases to wind up on these refined lists, the credit building process is sped up exponentially. Of course, many would call this "highly speculative" but we have undeniable experience that it works.

DEPOSIT LOAN PROGRAMS: This is a technique so unbelievable that I myself proclaimed it had to be a scam before researching the facts. It allows the consumer (or business) to have a $25,000 to $250,000 loan appear on their credit report as "Paid as Agreed" by way of very creative financing.



This method is extremely effective and not within the budget of most ($750 to $7,500 upfront). Also, because this technique takes advantage of certain banking laws, I have reason to believe it could be made unavailable at any time if those banking laws were to change. This method can be used with consumer credit files on SSN's as well as business and corporate credit files done on TIN's as well as Dunn and Bradstreet.

In the end, all of us need to remember that today our credit score is more important than it has ever been in the history of the credit reporting system.



While credit miracles don't happen overnight, you can create your own credit miracles by applying simple insider strategies consistently over time. Before you know it, you're a proud member of the 700 Club. The "700 Plus Credit Score" club that is!

Jay Peters is the founder of Consumer Education Group which publishes the Credit Secrets Bible (in print since 1994). To receive Free Credit Tips including "how to get your credit reports for free" visit their website: http://www.CreditSecretsBible.



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Choosing a Web Hosting Company Which Keeps Its Hands Off of Customer Data

Have you ever wondered what would happen if the company entrusted to hosting your website and all its data including customer databases stole some of that information for its own purposes? It is analogous to a fox guarding a hen house. Most web hosting companies are honest and would never even think of compromising your data security or stealing your customers' personal information, but as in all industries, there are a few shady operators out there



The best "cure" for this thankfully rare problem is prevention.



You don't want to have to tell hundreds of customers that their personal information has been stolen by the very people responsible for maintaining the server that the information is on. When a customer gives you personal information such as their mailing address, email address and credit card number, they are placing a huge amount of trust in you.



Identity fraud is a serious crime that has ongoing consequences for victims. With a name, a credit card number and a social security number, a criminal can assume a false identity and set up bank accounts or even take out mortgages using that identity.



Meanwhile, the real person whose identity has been stolen watches his or her bank balance and credit rating take a huge plunge before they are able to halt the damage.



It's is better if before you sign on for domain registration and web hosting that you check out that web hosting provider as thoroughly as you can. The first red flag should be a lack of contact information. Do they only give a P.O. Box, or do they give a street address too? Do they offer any way to get in touch than through email? If you have any suspicions about a company you are considering (and sometimes even if you don't), run their company name through a search engine and run the address through a search engine as well; It could be fictitious.



Be prepared to dig for more information if needed. Search for objective web hosting review sites and read several of them. The problem with this is that some hosting and domain registration companies pay forum posters to talk up their products. If you find a "review" site with nothing but glowing praise of the company, be suspicious. Pay more attention if you find a site full of harsh criticism of the web hosting provider, but keep in mind that these sites are sometimes created by the company's competitors.



Unethical practices are often brought up on discussion forums. You can search for forums that mention your prospective host company, and then search the forum itself for words like "scam," "unsatisfied customers," or "dishonest."



If the web hosting company is registered with the Better Business Bureau, it's a good sign. Don't put too much stock into "awards" their site claims to have won unless they are awarded by leading magazines (like PC Magazine or Wired).



Once you find a web hosting company that looks promising, print out and read every line of the Terms of Service.



If you find something you don't understand, ask someone at that company and don't sign anything until you get a satisfying answer to your question. Do not sign with a company that puts in any kind of legal loophole that would allow them to access your customer's data files. It is illegal for them to do so and you should definitely not agree to such a thing.



Along with the Terms of Service, read the company's privacy policy very closely to find out what, if anything they do with your own personal data.



What do they do with the data (such as a customer database) that you host on their server? If it is unclear, call them up and ask them: "Do you or would you sell customer data from my database to third parties?" You want an unequivocal "No."



As the owner of a web based business, you have a responsibility to live up to your own privacy policy and terms of service, so it is critical that the web hosting company that hosts your site is honest and won't compromise any of this data either. Most hosting companies are reputable and with some internet sleuthing you can usually find the ones that you should stay away from, so don't neglect to do this research before you choose a web hosting company.

Insurance Cold Leads Acquisition, Heat Injected by Power Words and Phrases

Without injecting power words and phrases insurance cold leads acquisition often fails. Turing cold leads into hot appointments require the skill of using key power words and phrases to inflame your prospects emotions. Receive some easy power words and phrases and how to apply them right here, right now.



Some insurance cold leads acquisition methods like cold calling and customer email blasting can often turn out leads that are worth burning but not trying to make an appointment with. If you have cold leads that miss a key element, you could point a gun to the prospect's head, and you are still not going to make a sale.



Better insurance cold leads are obtained by using internet lead sources, professional telemarketing acquisition, or the complete control method of direct mail prospecting.



Every method produces cold leads, which are not true leads. Injecting power words and phrases to get appointments on these leads will get you more appointments. Nonetheless, you are trying to turn a suspect into a prospect, which only means the expense loss of time and gas. Virtually all insurance leads are cold leads until they are further qualified.



Do not treat a lead like gold. The gold lies in using power words and phrases to smoke out the suspects. Then you heat up the emotions of true prospects with the ability to buy, knowledge of a true need and a willingness to hear more from you.



Here are selling skills you will never be taught by your insurance manager. The power of words and phrases is the key to convincing people. If you are a person of faith, just listen to the powerful mastery of word usage when a sermon or lesson is given. The words rip deep down into your guts, driving your emotions into a frenzy of tears, then roller coasting your mind into inner sanctity and soothing peace.



YOU WERE SOLD.



Every time some one attempts with printed or spoken words and phrases to convince you they are selling. They are working on you, trying to turn you from a The better the word mastery, the higher the success.



Now it is time for you to start flying the airplane. Your mission is to qualify your cold leads and excite them to wanting you to motivate them with your skills to let them purchase insurance. How does that sound? An ordinary insurance salesperson with cold leads on the phone example.



"Thank you Mr. Smith for inquiring about protecting the mortgage on your house with life insurance." "I know you would like to hear what my company can offer, so would an appointment on this Thursday at 7:00 be okay or would one next Tuesday at 5:30 be better?" If you thought the preceding sounded great, you like hundreds of thousands of insurance agents need to get your engine in gear.



If you desire a professional selling closing ratios exceeding 75%, you might need better cold leads acquisition skills, but you definitely need emotion exploding power words and phrases to curl your prospect's hair.



One further tip before launching words and phrases that grab attention. Never ever say, "What my company can offer." Rely on your personal motivation and confidence to make sales, not the meaningless name of the company you represent.



Examples of words and phrases to power inject. "Mr. Jones, my name is , I am an insurance expert and mortgage specialist helping to protect against devastating unpaid mortgage payments that cause innocent people and their family to lose their home.



" "I know you sent back an honest request to find out more information, isn't that right?" " It is critical to learn more as you more uneasy about losing your hard earned home, due to disability, death, or both, is that correct? "It is a pleasure to talk to a truly concerned person." "However, because of money saving options involved, I need to know when we can discuss covering this gap." "Please tell me when you and your spouse are available, so I can fit you in for a short 45 minute explanation of your benefits.



"



If the prospect turned down the presentation request, consider him a suspect that would have just battled you with objections and put offs. Burn the lead, feel better, and move forward. Think it was the person's lost opportunity not yours. There are plenty of people willing to buy, instead of you trying to force a sale.



Results of restructuring words and phrases Right away you told the client you were an insurance expert and mortgage specialist. Two powerful word phrases as people like to talk with professionals.



Next you mentioned innocent people and lose their home. You got deep inside the client's mind, with him visualizing emotional pain. When you inserted honest request, and truly concerned person, you boosted your prospect's ego. When you make a person feel good about them, they think well about you. Isn't that right, and isn't that correct make the prospect know you are interested in his input. Buyers like to feel you and they work together to reach the solution. Money saving options have his ears sizzling about saving money.



Short 45-minute explanation lays it all on the line. A genuine opportunity to hear from a busy skilled expert concerned about his interests and saving him money. He knows it is wise to grab this golden opportunity, and is looking forward to meeting you. It is not what you say, but how you say it. Start saying it with power words and phrases.

What is Internet Marketing

Since I sold my last business in 2004 I have been trying
hard to make a living online. Most of my neighbors knew what
my last business was as it was very obvious from the garage
full of soda, water, snacks and vending machines. When I say
garage full I am talking about maybe 1000 to 1500 cases at
least. Yes, I was a vendor and I did this for about 8 years.
8 years of people complaining about out of date soda, warm
candy bars and dimes stuck in the machines. 8 years of
40 foot Pepsi and Coke trucks coming up to my driveway and
unloading materials.



8 years of counting coins and dollar
bills every day. Had it not been for the recession, 9-11 and
the dotcom bust I would probably have grown to where I hired
a few workers and I would still be doing it.

However things did slow down and besides, I was looking for
something with less headaches and had more of an upside.

Now my neighbors wonder what the heck I do. They see me stay
inside my house all day long and when I do come outside I am
in a robe, shorts or tee shirt and jeans. They ask me what I
am doing and I say I am doing some "internet marketing.



"
They just kind of look puzzled and don't say much else.
Nothing like " Oh. My son is doing that also" Or I know a
friend I who is an internet marketer and they are making
tons of money" Nothing like that.

So at times I try to explain and that is what I will do
now.

Internet marketing is very simply making money from the
internet. You may say "Duh. What a genious" but the thing
is, it has to be described in that broad of a sense because
there are so many types of internet marketing. Here are a
few different ways to make money online that I have
discovered:

1.



Affiliate programs.

Affilaite means you sell other people's and companies
products and you get a commission. Many huge companies
around the world use the affiliate system to sell their
products such as Yahoo, Microsoft, Macys, AT&T, Walmart,
Blockbuster, etc...The products that can be sold from
affiliate sites are never ending. I honestly can't think of
a product that can't be sold through an affiliate program.
Here is a short list of some of the products I can sell
through various affiliate programs: e-books, solar panels,
books, magazines, homes, mortgages, wart remoaval medicine,
hypnosis tapes, leads, movies, car insurance, anti theft
devices for cars, self improvement courses and the list goes
on and on.



As an affiliate you sometimes are able to have other
affilaites join under you and you also get a percentage of
their sales. The typical affiliate commission structure is
for the affiliate to be paid a higher percentage on their
direct sales, say 50%, and then a lower percentage on the
sales of those affiliates they sign up, maybe 10 to 20%
commissions. Usually what we consider affiliate programs are
limited to two levels. Most affiliate programs are free to
join.

Many of the top internet marketers used affiliate programs
to get started in their carreer.



2. Network Marketing.

Network Marketing is simular to affiliate programs except
they go more than two levels deep. They can go unlimited
levels even. What this does is create great leverage so that
you can possibly make huge amounts of money if you get an
organization of thousands of members. There are different
government rules for network marketing businesses, or MLMs,
than for the typical two tier affiliate program. Network
marketing has been around for about 50 years, way before the
internet started.



However the internet has proven to be a
great way to promote network marketing companies.

3. Selling your own products and/or on your own website.

Having your own products and/or services with your own
website is of course a great way to make money. There have
been constant improvements to doing this and additional ways
to make money this way. One addional way to now make extra
income from your own website is by using Google adsense.
these are ads from Google's customers who pay by the click
to advertise on other people's websites.



This can make a
good income for the website owners but you need traffic to
the sites to make money this way. You can also have links to
affiliate sites on your own website. Or sell advertising
directly to other website owners.

Here is an example of a website with Google adsense ads and
also some affiliate programs.
Cutting
Edge Real Estate

4. Blogs

A web log is called a blog. This is a way to instantly
publish any information online. There are 9 million blogs
out there, with 40,000 new ones popping up each day.



Amazing. A blog can be set up quickly at no cost at
blogger.com, a site owned by google. Anything that can be
sold on a website can also be sold on a blog so many people
are using blogs instead of websites.

Here is an example of one of my blogs.

Self
Improvement Now Blog