Credit is not something that most of us like to talk about. We’ll talk about finances, saving money, and budgeting, but mention the word “credit” and the room goes quiet.
In this episode of the “Unresolved Life” podcast, we’re going to talk about it.
With guest Steve Super of Compassionate Credit Repair, we’re going to talk about what credit is, how to work with your credit, and how to fix your credit. We’re going to explore the difference in the way rich people use credit vs everybody else, and we’re going to talk about how to win at the game of credit so that you help yourselves…and your children start off with a good credit score right from the start.
Tune in to not only start talking about credit…but to get it fixed!
What We Learned in the Podcast
- What is credit?
- Is credit bad?
- How do rich people use credit?
- Should we be learning about credit in school?
- How do I get my kids started off with a good credit score?
- Do you hide from your credit (and why that’s a bad idea)?
- Why is credit important..even during the coronavirus pandemic?
- What else can I do to get financial freedom?
- How do I repair my credit?
- Is credit repair expensive?
- Do I need a credit repair specialist?
- What are some things I do today to improve my credit
- What else can I do with credit?
Podcast Stopping Points
[1:58] How does credit work?
[2:35] How do the rich use credit?
[3:43] Credit education
[4:25] What a 9 year-old rich kid can teach you about education
[10:00] Setting your kids up for a good credit score
[13:02] How the credit bureaus win at the credit game (and what you need to know so that you can win)
[14:14] Why bad credit costs more than you thought
[16:00] Why you should have a good credit score
[16:29] Credit & COVID
[17:16] The impact of credit
[18:50] The Fair Credit Reporting Act…and what it can do for your credit
[25:17] Banking and credit
[29:00] Financial freedom & credit repair
[32:00] Practical steps to improve your credit
[37:36] What should I look for in a credit repair company?
[39:00] Leveraging credit to get more stuff
[39:45]Cashback and points
Quotes to Keep in Mind
“Credit can be a very demystifying thing.”
“Rich people have access to information and knowledge that the rest of us don’t.”
“Whenever I get a credit card, I add my kids as authorized users.”
“The standard 18-year old has zero credit and has to work hard to even get a credit score.”
“The whole credit thing is a game.”
“Most people want to sell to people with poor credit.”
“That’s what credit is…good access to money.”
“Over 61 million Americans have subprime credit.”
“The [credit] bureaus are hoping you never even check your credit.”
“It’s important for your financial survival to get that credit score up there to a far better place.”
“To me, financial literacy starts with making strong financial decisions.”
“They have a saying ‘Banks and credit cards only lend money to people who don’t need the money.’”
About Our Guest: Steve Super
Steve Super is the CEO of Compassionate Credit Repair and The Small Business Profit.
For information about credit repair, you can reach him at https://compassioncreditrepair.com/ or by calling 1-888-762-3426.
About Our Sponsor: Kadosh Media
Need a podcast or website to get your message out to the world? Check out Kadosh Media at https://kadoshmedia.com/