CREDIT BUILDER CARD How Does It Work? Hi everyone, and welcome to your first Credit Builder Card Affiliate Webinar. Today we’ll be covering some basics about our program such as how it works and why it’s beneficial for you and your clients. At the end of the session we’ll have time to review information and answer any questions you may have.

WHAT IS CREDIT BUILDER CARD? Credit Builder Card is a secured card program designed to help you build or rebuild credit FAST! Credit Builder Card is a secured card program designed to help your clients build or rebuild credit fast. Our program is great for anyone who might be in the process of fixing their credit, clients who are in need of more positive credit lines, or first-time credit card users.

BUILDING CREDIT THE FAST WAY! WE HAVE SIX POSSIBLE REPORTING DATES THAT YOU CAN FALL ON ☺ CARD MAY BEGIN REPORTING LESS THAN ONE WEEK AFTER APPROVAL ➥ OTHER COMPANIES CAN TAKE AROUND 30 DAYS TO REPORT What sets are program apart from other secured card programs is how quickly we report to the credit bureaus. We can report clients’ cards quickly because we have six available reporting dates, and having multiple reporting dates allows us to report cards in around one week after approval. This doesn’t mean the card gets reported six times a month. It simply means that there are several times during the month when your card can begin reporting, whereas, some companies only have one reporting date.

HOW DOES CREDIT BUILDER CARD WORK? ☺ APPLY APPROVE BUILD APPLICATION IS PROCESSED WITHIN ONE BUSINESS DAY OF SUBMISSION APPLICATION IS APPROVED BY THE BANK IN 10 BUSINESS DAYS OR LESS CARD WILL ARRIVE ONE WEEK AFTER APPROVAL AND WILL REPORT ONCE A MONTH TO ALL THREE BUREAUS! The entire process of applying for and receiving our secured card can take as little as two weeks. Once a client signs up for the card, the bank has a 10 business day timeframe to approve the application. Although, in most cases, the bank doesn’t usually take the full 10 days to approve it. Once the application is approved, the card will begin reporting on the next immediate reporting date, and the card will arrive in the mail in about a week. A lot of times, cards will begin reporting before they are received in the mail!

NOT IN AN ACTIVE BANKRUPTCY WILL I BE APPROVED? PUT DOWN A DEPOSIT ✔ NOT IN AN ACTIVE BANKRUPTCY ✔ Identity is Verified ✔ One of the biggest concerns of applying for a new card is whether or not you will be approved. As long as your client puts down a deposit, is NOT in an active bankruptcy, and does not reside in any of the four states where our program is not available, then they will be approved for the secured card.

NO CREDIT SCORE REQUIREMENT! WILL I BE APPROVED? NO CREDIT SCORE REQUIREMENT! NOTE: THERE IS A HARD INQUIRY WITH EXPERIAN And, there’s no credit requirement! There is no minimum score needed to be approved for the Credit Builder Card. Just know that there is a hard inquiry, only with Experian.

INTEREST FEES ARE ONLY PAID ON REMAINING BALANCES PAST THE DUE DATE DEPOSIT AND FEES DEPOSIT A DEPOSIT IS REQUIRED TO APPLY FOR THE CREDIT BUILDER CARD SECURED CARD $200 - $1500 ANNUAL FEE OUR LOW ANNUAL FEE IS REPORTED AS ON TIME PAYMENT ON YOUR FIRST STATEMENT. THAT HELPS US REPORT FAST! $29 INTEREST INTEREST FEES ARE ONLY PAID ON REMAINING BALANCES PAST THE DUE DATE 19.99% Our secured card program requires minimal fees to get started. A deposit is required to apply for the card. Client’s can put down a small deposit of $200 and open a secured card with a limit that is equal to its deposit. Our low annual fee of $29 is actually included on the first statement, and is reported as an on-time payment to all three credit bureaus. This is how we are able to report the card quickly and positively. There is an interest fee of 19.99%. Interest is only paid if a client does not pay off their full balance by the statement due date.

THE IMPORTANCE OF BUILDING POSITIVE CREDIT + ...IS JUST AS IMPORTANT AS... DELETING NEGATIVE REPORTS - So, why should you recommend our secured card to your client’s? While getting negative items deleted from a credit report is beneficial, it is also important to make sure your client has positive lines of credit.

THE IMPORTANCE OF BUILDING POSITIVE CREDIT 35% OF YOUR CREDIT SCORE IS BASED ON PAYMENT HISTORY AN EASY WAY TO IMPROVE YOUR SCORE IS THROUGH A SOLID HISTORY OF ON-TIME PAYMENTS Remember, 35% of your credit score is based on payment history, so it’s important for your clients to open lines of credit.

THE IMPORTANCE OF BUILDING POSITIVE CREDIT LOW CREDIT LIMIT LOW INTEREST FEES LOW CREDIT UTILIZATION + = EASY WAY TO BUILD POSITIVE CREDIT! A low credit limit and low interest fees will help prevent your clients from overspending. As long as the client keeps their credit utilization low (we recommend using about 10% of the credit limit), then they will be on their way to establishing some positive credit history!

THANK YOU!