This is a short YouTube presentation (hosted by Daniel Rosen) that explains how affiliate marketing can rapidly grow a credit repair business. The speaker lists five high-value affiliate targets — mortgage brokers/loan officers, realtors, automobile dealerships (and their sales staff), elective surgery providers, and special finance companies — and gives practical outreach tips (what benefits to offer, commission approaches, tracking client progress). The video also promotes an upcoming Advanced Masterclass and the Credit Hero Challenge with links and an early-access waitlist.
Chapters
What is one of the fastest ways to grow your credit repair business from nothing? Do you know? It's affiliates. That's why we're focusing an entire module on affiliate marketing in our brand new Advanced Masterclass. Now it's not available yet, but if you want to be one of the first people to get access, then click the link below this video and join the waitlist list. But for today I'm going to give you just a small bite of what's to come. So let's dive into five of the top industries to find qualified affiliate partners for your credit repair business and how to approach them. Number one, the mortgage industry. My all time favorite affiliates are mortgage brokers and loan officers. They regularly interact with customers who can't qualify for a mortgage and some of the best affiliates to have are mortgage brokers because mortgages pay a high commission and these folks are eager to close more deals. Plus your acquisition cost is zero because you cannot legally pay them a commission or due to the RESPA laws. But they will absolutely love to track their clients progress with Credit Repair Cloud's affiliate portal. They love it.
So how do you approach them?
Well, you focus on the benefits that you'll provide them and you'll tell them you'll take their denied applicants, you'll work on their credit, you'll let them see everything along the way and then you'll return them. And as approvable clients, it's super simple and it's very effective. Next we have the real estate industry. Realtors are probably the next best affiliates because they are an awesome source for referrals. They help buyers to find the right house and they have a steady stream of people who want to finance a home but just don't have a high enough credit score. Which makes them excellent candidates for your affiliate program.
So how do you approach them?
Well, just like mortgage brokers, they are also bound by RESPA laws so you can't legally pay them a commission. But keep in mind that selling homes results in massive commissions for a Realtor. So don't underestimate the value of your services and and the Credit Repair Cloud tracking system. They may even pay you for the repair or give you a piece of their commission. So keep that in mind when approaching real estate professionals. And next on my list of great affiliates are automobile dealerships. They are another excellent source of referrals because they interact heavily with credit challenged consumers. Although you can pay them, most auto dealers are not interested in waiting around for their referrals to improve their credit because they know that by the time you have repaired their customers credit, they're usually going to shop around at other dealerships for the best deal and they may not return again. However, the salespeople that work at the dealerships that they are very interested in earning commissions for referring to businesses and dealerships generally see high foot traffic. So salespeople can earn a few hundred or even a few thousand dollars every single week with the right affiliate partnership.
So how do you approach them?
Well, you offer them a commission right away. You may even get approval to pitch to their entire sales staff. So be prepared to show up with a box of donuts and coffee or a couple hot pizzas. And finally, let's talk about the elective surgery industry. That's right, I said surgery. Elective surgery is surgery or an elective procedure that's scheduled in advance. It's not a medical emergency. And there are many types of elective surgeries, including plastic surgeries, cardiovascular surgery, knee surgery, and the list goes on and on. Now these surgeries are often very expensive and their patients can't always afford it. And they very often need financing and if their credit scores are too low, they don't qualify. So there's a big demand for credit repair.
So how do you approach them?
Well, consider partnering with the owners or the management of these offices and start assisting their patients so that they can finance those procedures. These procedures are high ticket items, so you instead of turning away these prospects, ask them to send them to you and then let them track the client's progress. And that way they'll be the first to know when they qualify. And finally, let's talk about the special finance industry. Special finance companies lend specifically to borrowers that do not qualify for regular financing due to low credit scores, although they do fund many loans with bad credit and charge a big premium for doing so. Their customers, they all need credit repair.
So how do you approach them?
Well, you explain that it's a win win. Ask them to send you the referrals after they finance their high risk loan so that you can clean them up and bring them back to refi in six months. Remember, building relationships is the key to scaling your affiliate program. So make sure that you are constantly nurturing those relationships as you build and scale your affiliate network. Now in the brand new Advanced Masterclass we are going to share over a dozen industries to target and give you templates for pitch presentations, scripts and much more. But it's not available yet, so if you want exclusive early bird access, just click the link below this video and get on the wait list. And if you want to learn how you can go from zero to Credit Hero in just a couple weeks with your very own credit repair business, then go to creditherochallenge.com and sign up today. And I'll see you later.
Hey, everybody, it's Daniel again, and really quick. I'd like to invite you to join what I believe is the best thing we have ever created inside the credit repair cloud community. And it is a challenge that we call the Credit Hero Challenge. If you're just planning out your business or you're just getting it started and you're and you dream of having a successful business of your own so you can quit your 9 to 5 and fire your boss and have financial freedom or so you can add another revenue stream to your existing business, if that's your dream, you need to get into this challenge. We created this challenge to help you to create and launch your very own credit repair business to build a proper foundation for a really successful business. This challenge is going to help you to understand the strategy, the tactics, and all the things you need to be successful at Credit Repair. It really is the greatest thing we have ever built and it will change your life. So I recommend you do it right now. Stop everything. Pause this audio, go online and go to creditherochallenge.com that's creditherochallenge.com and. And join the next challenge. And there's a challenge that's starting in just a few days. So go get started right now@creditherochallenge.com.
