Posts Tagged ‘luck’

Becoming A Credit Bureau VIP

It seems to me that there may be solid, usable methods to getting into the “VIP Departments” of the credit bureaus, and that there may be some real advantages to doing so if you can pull it off.

If you don’t already know, each credit bureau has a “vip department” where the issues and disputes relating to “important” people get taken care of.

The most obvious way to become a VIP is to be someone who can do some damage to the credit bureau: an attorney, a politician, a high profile business person or celebrity. There may be other ways to have your disputes handled by the VIP department, though.

One forum member, for example, reported that their disputes were being handled by the “priority” department because they had an attorney contact the bureau on their behalf. Will this work for all of us? Probably not all the time, no, but we may have other options.

Are you a VIP? If so how did you get there?  Seriously, if you’re reading this and you care to share the details with the world, please feel free.

As for our part, we will keep working and researching to see what may come of this potentially powerful angle to credit repair.  Stay tuned, and I’ll try to keep you updated as we learn more about how to become a VIP.

Turning Bad Luck Into Profits

I read a newspaper article recently that had this headline: “Your Bad Luck Is a Windfall For Airlines”.  The article talked about how change fees and cancellation fees produce about $2 BILLION in revenue per year for the airline industry. So missed flights, changed plans, traffic jams, and more… all this “bad luck” leads to billions for the airline industry.

I got to thinking about this and realized that the airline industry isn’t the only industry making a killing off of consumers’ bad luck.  Creditors, credit bureaus, and collection agencies make more money when things go downhill for you. (Notice that I included “credit bureaus” in that list… remember, it is more profitable for them if you have bad credit–more on that in a later post!)

These companies can’t really be faulted 100% for this, because it is really widespread and more or less just the way the system works.  Your doctor, your mechanic, your attorney, and your plumber also profit from your bad luck… but it’s not like you’re going to do your own brain surgery any time soon, so you’re probably glad that your doctor is around to help.

What we can really take from this is that there is a positive side to everything; and the key for us is finding that and applying it so that it can benefit us.  You may think your bad credit is nothing-but-bad for you. Think again.  We all KNOW it has a negative side, but look for the positive side.

Many consumers have totally screwed up their credit, and ended up on our web pages in an attempt to dig themselves out.  Many of those same consumers then decide that they wanted to help others dig out too, and end up starting their own profitable credit restoration businesses as a result.  Some do it part time, some even full time, but in either case they have now crossed over and have learned to profit from their own bad luck.

Even if you don’t want to start a credit repair business, you could still profit from your bad credit.  By fixing your credit today, and positioning yourself for the future, you could be setting yourself up to take advantage of one of the biggest financial opportunities of the next 50 years.  What’s the opportunity?  If you don’t already know, we’ll leave that for another post.