After repairing 1000s of my client’s credit reports, I had a system of referring each client to a list of the same local creditors to apply for new credit to rebuild their credit profiles
I was always eager to hear back from my clients on how much they were approved for by these companies!
I would then record the results in my database to monitor our successes.
I started noticing that some of my clients had a spike in their ability to leverage themselves over and beyond the typical 3 times their annual income!
So I decided to create a report going back through 5 years of past client’s files to see if there was a reason I could pinpoint why clients with similar credit profiles received wildly dissimilar credit approvals..
I mean clients with the same length of time in the bureau, length of time employed, age, educational background, credit profiles, high credit, credit scores, inquiries, etc. would see approvals that did not match!
After carefully reviewing the credit profiles of these high approval cases I recorded notes of some peculiar distinctions..
I then created a grid for the data and I called one grid the Fico Score Matrix and another grid the Wealth Score Matrix..
At the time I did not know I had discovered a fourth scoring system used by Banks and Financial Institutions!
This Fourth Score is called the Wealth Score!
So I spent another year or so cross referencing even more credit profiles of my past clients to develop what I call..
“The Wealth Score System”
This system can potentially maximize the Fico leverage factor from up to 3 times a person's annual income to virtually 5 times a person's annual income!
Yes.. Potentially 5 times your annual income in available credit!
What does this mean to you?