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10-23-2015, 04:26 PM #1
- Join Date
- Apr 2015
- Location
- Florida, First MCA sold in 85/ WS in 76. CFP/RIA, series 3,6,7,8,10,63,Ins218,220.
- Posts
- 554
I also ask "do you know your credit score?" If they don't I suggest they go to credit Karma and get it (soft pull). I specifically tell them not to let anyone do a hard pull as this will reduce their score and the miami boiler rooms love to do it and they'll have a hard time getting a good deal. It stops the competition. Then I explain guidelines of alt. and the other vehicles out there.
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10-23-2015, 08:05 PM #2
everyone does a hard pull. The "but I don't want my credit pulled because it will reduce my credit score" is all dog crap. Yeah it might go down a couple points for 6 months but if you have all accounts paid on time and no charge offs or collections, it's not going to hurt anyone. The FICO score is over rated by all the advertising hype from credit monitoring companies. Any good underwriter looks to see what is actually ON your CBR, not just the score itself.
Last edited by ridextreme; 10-23-2015 at 08:08 PM.
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10-24-2015, 10:11 PM #3
- Join Date
- Jun 2015
- Posts
- 3,325
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