Jump Start To Better Credit

Credit Process

In this subject, we would like to discuss how credit and money can become your most powerful weapon. The common mistake most people make is borrowing beyond their means and don’t have a plan of recourse. By having credit and money working for the same cause and not as an opponent can become most effective when creating a healthy credit profile and long term income. The question that may arise is how do I make more money without borrowing more than I need?

This is a Cash Builders Management Fund. This means it is our job to help you resolve debts, credit and financial burdens that is preventing you from prospering. In order to reconcile these burdens, we offer two program types for personal and business professionals.

The programs begin with establishing a better than average credit profile. This is called a Credit Privacy Number (CPN).

What is a CPN?

A credit privacy number, or CPN, is a nine-digit ID that can be used in lieu of a Social Security number for credit reporting and other financial purposes, like applying for a loan. Also called a credit profile number, a CPN is primarily used for tracking credit history or applying for loans.

So why use a CPN instead of an SSN?

Like an SSN, each person can only have one CPN. It’s used as a unique identifier for your financial transactions and lets lenders and credit reporting agencies keep an eye on your borrowing history. However, a CPN can help you keep your finances safe and hidden from the public eye. For that reason, it’s popular among elected officials, celebrities and people in witness protection programs. As the name implies, it’s mostly used by people who need a little extra privacy.

A CPN isn’t always a substitute for an SSN, though: You can’t use it for documents submitted to the IRS or an employer, registering a vehicle or applying for a government loan, for instance. If you have a CPN, it’s on you to know when you can and can’t use it.

To begin rebuilding a credit history, we must first establish a new credit profile. Depending how you qualify, our credit lines extend up to $100,000.00 or higher.

The client is paying for the CPN filing only. There are no refunds as client is receiving a guaranteed credit score.

Funding is included as a bonus due to in-house lender services. In other words, funding is normally separate and cost of funding would require a much higher cost.

The three elements we use to develop a new credit profile are as follows;           

  1. Lines of Credit
  2. Credit Cards
  3. Personal / Business Loan Funding

Here is an overview of how our service works;

  1. Client chooses their CPN package file.
  2. Client must set up their new CPN file with a new mailing address (No P.O. Box), phone number and email address.
  3. Client CPN file cannot be associated with their Social Security Number.
  4. Client CPN file comes with a guaranteed credit score, 3 + seasoned trade lines and a 3 + year credit history.
  5. Client CPN file is set up with the credit bureaus.
  6. Client’s personal and premier CPN filing set up process takes 30 to 45 days to complete. The personal plus, premium business and premium invoice CPN filing set up process takes 45 to 60 days to complete (This includes funding).
  7. Client receives new CPN file and full access credit reporting log-in credentials (All files are set up and accessed via Credit Karma or Credit Sesame).
  8. Once activated, the trade lines are used to apply for funding. 

Note: Establishing new credit is required and may take 6 to 12 months. Each client must apply for new credit cards upon credit activation. The minimum credit line per card is $5,000 on average.

Guaranteed Credit Enhancements

Standard Personal Advantage Plan:

This plan is our personal credit profile and basic starter service. By setting up this plan, the client will begin leaning towards new financial openings that were once not available. The client will receive their CPN file with a guaranteed credit score of 700 + with 2 trade lines and a credit limit up to $50,000 or higher.

The total CPN set up and processing cost is $3,500 and this is due at the time of application submission.

Standard Personal Advantage Plan Plus:

This plan has all the features of our Standard Personal Advantage Plan. With our plus plan, the client will receive a credit analysis. The credit analysis provides our clients the opportunity to have their primary credit and social security evaluated and analyzed. This allows the client to have their credit report challenged to remove hard inquiries and receive credit restoration solutions.

This will put the client in control of their primary social security and credit report and increase primary credit scores 50% higher. The client will receive their CPN file with a guaranteed credit score of 740 + with 2 + trade lines and a credit limit up to $75,000.

The total CPN set up and processing cost is $5,000 and this is due at the time of application submission.

Premier Leverage Advantage Plan:

This plan is our most popular plan and it includes all the features of the Standard Personal Advantage Plan Plus. By setting up this plan, the client will have cash leveraging advantages that will support new business ventures, start-ups or other personal finances.

The client will receive their CPN file with a guaranteed credit score of 760 + with 3 trade lines and will receive a credit line advantage limit up to $100,000. This will allow our Premier clients to receive primary funding against their social security.

The total CPN set up and processing is $7,500 and this is due at the time of application submission.

Premier Leverage Advantage Plus Plan: This account provides our clients with a guaranteed 780 + credit score with 3+ seasoned trade lines and credit limit up to $150,000.00. The total account set up and processing is $9,500 and this is due at the time of application submission. 

Applying For A Credit Analysis:

Adding a credit analysis to your credit profile is a great way to re-position your primary credit score that is attached to your primary social security number… What this will do is fully check your entire credit report and sweep it for hard inquiries. It’s like going through your report with a fine tooth comb. This service will assist with your primary credit restoration with the three credit bureaus by challenging merchant providers.

By doing this, you will force your creditors to answer for any inquiries attached to your credit report in a certain window of time and if they do not respond in that window of time, we legally have your hard inquiries removed. In most cases, the client personal credit score will increase 50% higher than the original score.

By adding a credit analysis to your package, you will be able to receive primary funding in house against your primary social security number only.

Premium Elite Business Advantage Plan:

This plan is our most taken advantage of and ultimate service. By setting up this plan, the client will have a new business credit profile that provides high leverage income streams for your growing business. The client will receive their CPN file with a guaranteed credit score of 800+ with 3+ seasoned trade lines and will receive a complimentary credit line advantage up to $500,000.

This plan is based off the Paydex system which is the determining factor for funding. The Paydex Score ranges from 0 to 100 (best). A Paydex score of 80 or higher is considered healthy for a company - that is a company that is paying its suppliers and vendors on time and before the scheduled payment due date.

The total CPN set up and processing cost is $12,500 and this is due at the time of application submission.

Premium Elite Invoice Advantage Plan:

Keeping a business running requires a positive lucrative cash flow and sometimes we fall short of this. The flow of working capital can become challenging when waiting for other vendors to make due on their payments. This program is designed to assist businesses to clear unpaid invoices within 72 hours of submission.

With this program, business owners can receive up to $75,000 in a line of credit. The business owner must have a one year minimum business in good standings. The business owner must show a monthly minimum of unpaid invoice in the amount of $5,000. The cost is waived provided the business owner can show 6 months of business bank statement of $10,000 or higher in unpaid invoice transactions.

In order to qualify for this service, the business owner must have one of the seven integrated invoice platforms such as;

FreshBooks

                                   Xero                                                                                                          QuickBooks

                             InvoiceAsap                                                                                                         Clio

                                  Wave                                                                                                            Harvest

How it works;

  1. Owner will set up a Business Capital Management Account with The CEG Group
  2. Once completed, the owner will add its unpaid invoices to our funding platform
  3. Owner will pick and choose what unpaid invoices to clear
  4. Advanced money in the bank in which owner set up with our platform
  5. Invoice repayment is scheduled for 12 weeks and paid every Wednesday with no early repayment penalties

The business must have a minimum 6 month invoice history and is a United States based business.

The total CPN set up and processing cost is $1,500 and this is due at the time of application submission.

Getting Started;

Setting up your new CPN file is very important to the rebuilding of your original credit file. This applies to clients not only with less than perfect credit however to those with better than average credit as well.

It’s time to position yourself with a new financial lifestyle and The CEG Group is here to assist you every step of the way.