Referring to Wellness Credit

Referring to Wellness Credit

How can Wellness Credit help your business?

First: Your revenue will increase. Since the credit score will no longer be an obstacle, you will be able to close more loans and fill your pipeline 6 months down the road.

Second: You will be able to refinance current clients who were approved with less-than-perfect credit, because the higher credit score will put them in a different rating bracket. They will now qualify for a better program, which will allow you to show them substantial savings on paper.

Third: You will be creating goodwill with your clients by being the person who helped them better their lives. This, in turn, will mean more referrals from them.

Fourth: We will keep in touch with you via email to monitor the progress on your clients’ files. This will enable you to take an active interest in the lives of your clients and position yourself as a true trusted advisor.

Fifth: The mere fact that you will be receiving these emails about your clients will prevent you from forgetting about them and give you the opportunity to follow up if you so choose. Moreover, you will have something to talk about with each client, since both of you will have the same status updates.

How long does it take to increase a credit score?

The amount of time needed is different in every circumstance, usually varying between three to six months to remove up to 100 percent of negative items from a credit report. On average, we remove 70-80 percent of negative items we are authorized to work on.

What is your money back guarantee?

Our money-back guarantee is easy to understand. Since we only charge after we’ve achieved results, there’s no need to guarantee anything!  If something ever pops up on a credit report, we’ll work at no charge to remove that item once again or refund the client’s money for that item.

How long does your service take?

We work on our client’s file for up to 6 months. Dramatic results usually occur within the first 35 days.

Will you get 100 percent of negative items removed?

Our company has been successful in getting a 100% result numerous times but that is not the likely result. We average between a 70 and 80% success rate at removing negative items from the credit report.

Why do the results differ?

Wellness Credit uses consumer protection techniques to the fullest extent on your client’s behalf. Sometimes credit bureaus, creditors and collection agencies comply with our requests, sometimes they do not. Our company is completely thorough every time in enforcing your borrower’s rights, but credit bureaus, collection agencies and creditors are inconsistent, causing results to vary.

How much will you increase the credit score?

Our average is 50 points within three months, but we have increased scores as high as 200 points. Although derogatory items on the credit report are a factor, there are many other factors in formulating a credit score. Even if we remove all negative items from a report, a credit score may only increase 40 points due to other factors affecting the score, such as: length of credit history, credit mixture, outstanding balances and number of inquiries.

What items can you remove from a report?

Inaccurate, obsolete or unverifiable bankruptcies, foreclosures, collections, charge-offs, repossessions, medical bills, inquiries, late payments, old addresses, judgments, tax liens, identity theft, merged accounts, and student loans.

What can’t you remove?

Items that the consumer claims as being 100 percent accurate, verifiable and timely.

Will the removed items ever come back?

No, as long as the item is current or paid at the time of removal or the collection is older than six years (for Colorado). This holds true except in very rare circumstances.

What risks will my borrower be taking?

None. With our unique pay-for-results program, all risk is shifted to us.  The worst we can do is not fix anything on the credit report and the client is not charged anything.  The best we can do is substantially improve your borrower’s credit score and potentially save them hundreds of thousands of dollars in interest.

What risks will I be taking?

None. You are leaving your clients in the hands of a company that will treat them professionally and courteously. Best case scenario, you will give your client a loan they never thought possible. Worst case scenario, your client gets there money back with an increased knowledge of how the FICO score works and what they can do in the future to raise their score.

How do I refer business to Wellness Credit?

First, call the client and ask if you may fax his or her credit report in order to get a free credit evaluation by one of our staff and fax the credit report to us.  Your rep will then call your client to discuss the situation (or, if you specify, call you first) and contact you to discuss the results of our free consultation.