Davis Future Planning LLC

"Everyone In Your Household Should Have Excellent Credit "

DFP Credit Building Center

Credit Build Card

This is a secured credit card in your name used for the sole purpose of helping you build your credit score.

• No minimum credit score required. That means, there is 100% hope for you!

• The credit limit is low, but you have to start somewhere in order to establish and build your credit back up.

• The card reports to all three credit bureaus 6 times a month.

• They will allow you the option of getting two credit cards. Which is double the credit building opportunity.

Self Lender

Having a self lender account is different from the others. But, still a great choice, especially for account diversification.

This is a CD (certificate of deposit) that reports to ALL THREE CREDIT BUREAUS. You will receive the money back after it matures in one year.

There is a small origination fee (around $9 – $12), then small monthly payments after. It is based on how much you want the CD to report. Each payment is reported to the 3 credit bureaus (don’t screw this up!).

At the end of the term, you’ve paid off the loan and you can get the money back + interest. Hence, saving money while boosting your credit.

NEW AND PAID TRADE LINE ALERT = POTENTIAL CREDIT SCORE INCREASE

Tradeline Store

Mediator Debt Solutions

We’re in this together. From online or mobile, whenever, wherever.

Rent Reporters

• They are currently reporting to Transunion AND Equifax; they will also report your rent as a tradeline to your credit report.

• They can backdate your rental history up to 24 months.

• They will verify all information, including ownership of the property so ensure you have a good track record with your landlord first.

Experian Boost

Experian Boost is a newer product that Experian launched last year.

Experian will report *utility bills* to your Experian credit report, in exchange for your bank account information (that is where they will verify your payment history each month).

News reports are stating this will be done for free. However, I can’t seem to find this on their website so we shall see! How would you feel about providing your BANK ACCOUNT INFORMATION in exchange to report your phone/electric bills?

Tradelines

Supercharge your credit. Get the boost you need

Davis Future Planning LLC allows you to rent good credit, adding positive credit history to your credit report to help you reach your financial goals.

Boom Rent Reporting

add your rent to build credit

APPLY IN MINUTES!!!
PAY AS YOU GO!!!
ADD PRIMARY RENTAL TRADELINE TO YOUR CREDIT REPORT

Rent is the largest monthly expense and your clients are currently not getting credit for making these on-time payments. Adding a rental tradeline to their credit report can help diversify their credit portfolio and can improve their credit score.

Its helpful for renters seeking to build or boost credit.

Members see an increase in their scores between 5-100 points.

To register you will need: (1) a valid rental agreement within the past 24 months, (2) a social security number, and (3) a bank account that you use/have used to pay your rent payments.

No landlord interaction is required.

Approvals are immediate.

The rental tradeline benefits:

Adds up to 24 months of payments (a rent payment must be made within the last 24 months in order to qualify)
Improves credit age with a start date (i.e. lease date)
Falls into the “other” catering category, helping to diversify their credit profile
Does not impact the debt-to-income ratio
Does not impact utilization ratio
Serves as a positive tradeline to offset negative items on credit report
Allows creditors/landlords opportunity to view your clients’ financial responsibility and loan eligibility despite credit scoreThe rental tradeline
Add a rental tradeline to your credit reports, further diversifying their credit history
Reports to all 3 credit bureaus: Experian, Equifax, and TransUnion
Zero landlord involvement

The most affordable rent reporting solution on the market

Provide us with the following information:

Personal information (Name, DOB, SSN), this will allow us to link to the credit profile
Rental information
Link the bank account they pay their rent from via Plaid (learn more about Plaid here)
Upload their lease agreement
Checkout

Verifies your data: this can be as fast as 1 day if everything is in place, but can take longer if information is missing

When will my rental tradeline report? Credit report is updated with their rental tradeline (~10-15 days after their rental verification is complete; depends on the credit bureaus)

*Important note: Failure to upload their lease agreement and to Plaid will result in verification delays.

Side Note: Capital One Secured Card and Discover Secured Cards – Although they are secured cards, they are still extremely difficult to get approved for if you have negative items on your credit report. Also, if you have ever defaulted with them or had a late payment, you will get denied. Its better to NOT waste a credit inquiry on them. That is why the list was put together. To ensure higher approval odds with challenged credit. There are many other banks aside from the major ones, so do not worry.