A quote goes that if you don't take good care of your credit, then your credit won't take good care of you. Knowing full well the truth in that statement is Merrill Chandler, CEO and Chief Strategist at CreditSense. Merrill digs deep and highlights the importance of having not only a good but also a powerful credit profile. After all, what your credit looks like will determine whether you can get business lines. Merrill shares how we can build a powerful credit profile of our own and talks about credit repair, the FICO score, and the common mistakes people make with their credit profiles.

Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing.
---
There was a quote that once said, “If you don't take good care of your credit, then your credit won't take good care of you.” Why is your credit score and profile important? Your credit profile determines whether you get loans, the rates you pay and the types of loans that you can get. Your credit determines a lot more than the loans you can get and the interest rates you pay. Insurers use credit to set premiums for your auto and homeowners coverage. Landlords use them to decide who gets to rent their properties. Credit also determines whether you can get business lines of credit that can be in the millions of dollars and can be used for some of your real estate investing strategies. Since credit has become such an important part of our lives, it pays to keep track of your credit profile and understand how your actions affect it.

On this episode, we're going to learn about the differences between your credit score and credit profile and the importance of it all in every part of your personal and business life. Before we get to the episode, I want to read a review that I found on iTunes. iTunes is where we get probably 80% to 90% of our traffic and most of the reviews show up there, but we get great reviews every week. I truly appreciate it. It is inspiring and motivating for me personally. Someone posted a review. It was titled Amazing Podcast. They go on to say, “I have been listening to the podcast. It has good content for new investors like myself. I sometimes listen to episodes two or three times. It is good content and I want to get as much content as possible. Marco provides knowledge, education and confidence to the audience. Thanks a lot to the whole Norada Real Estate team.”

I appreciate that review. It meant a lot to me as they all do. I do read them. Thanks in advance to everybody who plans to post a review and thanks to everybody who has posted a review. Last but not least, if you have a question about real estate investing, I plan to cover most if not all of them on the show in an Ask Marco! episode. I try to reply to everybody in an email, but feel free to click the Ask Marco! link at the top of the website at PassiveRealEstateInvesting.com. I will be happy to reply and do my best to cover those questions. If you haven't already, please remember to subscribe. It only takes about three seconds. Click the subscribe button or link in your podcast player. Let's get to our interview.

If you missed our last episode, be sure to listen to 7 Powerful Tools To Create Legacy Wealth From Real Estate (Part 2).

Enjoy the show!

–  –  –  –  –  –  –  –  –  –  –  –  –  –

Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing.

Get your FREE coffee mug by leaving us a Rating and Review on iTunes.  Here's how.

See our available Turnkey Cash-Flow Rental Properties.

Please give us a RATING & REVIEW   (Thank you!)

SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed


Sign Up for Their FREE Web Class.
Sign Up for Their Fundability Bootcamp.
 
How To Build A Powerful Credit Profile
It's my pleasure to welcome Merrill Chandler to the show. He is the CEO and Chief Strategist at CreditSense. He has been an influential player in the credit restoration industry for many years.