How To Access $100,000 + In Funding (at 0% Interest) w/ Evan Rugen

Summary

Action Academy | Millionaire Mentorship For Your Life & Business
Episode: How To Access $100,000+ In Funding (at 0% Interest) w/ Evan Rugen
Host: Brian Luebben
Guest: Evan Rugen
Date: April 17, 2026

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Episode Overview

This episode is a tactical masterclass on accessing business and real estate funding, featuring credit and funding expert Evan Rugen. Brian and Evan walk high earners and aspiring entrepreneurs through practical steps to repair credit, build business credit, and creatively access $100,000+ in 0% interest funding—often without tax returns or documentation. Listeners learn why great credit is a crucial asset, how to leverage the U.S. credit system, and get actionable advice to set up for maximum leverage and opportunity.

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Key Discussion Points & Tactical Insights

1. Evan’s Origin Story: Learning Credit Repair and Funding

• Personal Credit Wake-Up Call: Evan’s funding journey began when a collection appeared unexpectedly on his credit report due to a paid-off car. This forced him to learn credit repair:
  • Removed collections, fixed derogatories (“fix my own personal credit to save my real estate portfolio” - [01:49])
  • Realized everything—even missed payments—can often be legally removed by leveraging consumer law.
• Stages of the Funding/Journey ([03:00]–[05:10]):
  • Start with personal credit repair (remove negatives, build positives)
  • Add Tier 1 tradelines (Amex, Chase: “The bank is a person—if you’ve borrowed from my friends, I’m more likely to lend to you.” - Evan, [02:50])
  • Access business funding with or without Social Security Number (ITIN for international folks)
  • Apply for non-doc funding (no tax returns or bank statements needed)
  • Graduate to bank statement loans, tax return loans, SBA lending as business matures

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2. Who This Applies To & Common Uses

• “Anyone who needs access to money to make more money.” – Evan, [05:51]
  • Classic use cases: fix-and-flip real estate, buying businesses, scaling service/e-commerce businesses
  • Not typically for SaaS/startups—more asset- or margins-based businesses

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3. The Mechanics of 0% Interest Funding

• 0% Business Credit Cards
  • Typical offers: 12–18 months at 0%
  • Incremental credit increases and card stacking (“You can transfer the limit from last year's card to the new one: I have $100K at 0% for a year, and roll it over each year.” – Evan, [08:40])
  • Strategic limit transfers to maximize interest-free capital
• The Real Math ([07:00]–[09:08]):
  • Borrow at 0%, invest in a business or deal, pay off the principal from profits before promo expires
  • Important: Use business credit—does not affect personal credit utilization

“The bank is a person. If I pay you back, you’ll lend to me again, and with bigger limits.”
— Evan Rugen, [07:04]

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4. Personal vs. Business Credit – and Why You Should Care

• Business Credit = Big Leverage
  • Business cards (e.g., Amex Business Platinum) do not affect personal credit utilization
  • Personal credit card use can quickly drop your credit score due to high utilization
• Classic Credit Repair Traps:
  • Small, forgotten utility or gym bills often trigger collections (“The biggest culprit is routers and gym memberships. We zap them off all the time.” – Evan, [13:09])
  • Everything is fixable (“We can remove a bankruptcy. We did one yesterday.” – Evan, [11:59])
• Focusing on Personal Credit Matters More
  • Evan: “I’ve never focused on building up business credit… I focused on maintaining my personal credit… that’s how I got $1.5M in funding.” ([11:08])

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5. How to Build & Repair Top-Tier Personal Credit

• Score Components ([18:11]–[21:10]):
  • 35% Payment history — Always pay on time; missed/late payments are fixable
  • 30% Credit utilization — Keep below 15–20%
  • Derogatory marks (collections, charge-offs) — Removeable
  • Credit age, Inquiries, Credit mix
• Tactics:
  • Add authorized user accounts to import age
  • Use rent payment reporting for more depth if lacking installment history
• Monitoring Tools:
  • Recommendations:
    • ScoreShield.com (“Three-bureau monitoring, $1M identity theft insurance, custom AI guidance” – Evan, [21:14])
    • Avoid relying solely on Credit Karma (“only shows two bureaus”)
• Why High Credit Score Matters:
  • “For every 10 points lower in your score, you pay $30K more over the life of a loan.”
    — Evan Rugen, [18:31]
  • Leverage lines for real estate, emergency funding, and deals at a moment’s notice

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6. Advanced Underwriting & Hidden Hurdles

• LexisNexis – The Real Underwriting Report ([22:07]–[23:54])
  • Banks see detailed reports with decades of consumer history, business ownership, real assets, infractions, etc.
  • Small errors derail applications (e.g., title locked to a deceased business partner)
• Offer: Evan offers listeners their LexisNexis report for free via his company with podcast mention ([32:03])

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7. Setting Up LLCs & Best Practices

• LLC Naming & Address ([24:42]–[27:24]):
  • Bad Practice: Virtual addresses/registered agents (yellow flag to banks)
  • Good Practice: Use your real, verifiable home address for legitimacy
  • Naming: Avoid restrictive/disfavored words like “real estate,” “construction,” “dispensary”; keep generic for flexibility
  • Physical assets in your name (mortgage, auto loan) boost credit legitimacy

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8. Global Access to U.S. Credit System

• International Listeners: Can leverage Individual Taxpayer Identification Number (ITIN) to access US-style business funding/points (up to 8x more lucrative than Canadian/EU systems)
  • “We funded a German guy $150,000 at 0%. The U.S. system is unparalleled for point arbitrage and credit building.” — Evan Rugen, [30:32]
  • Process takes time, but outcome is unique to US

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9. Practical Examples and Advanced Strategies

• Example: Acquired a property at $0.50 on the dollar after a tip, using just lines of credit
• Points Arbitrage: U.S. business cards offer dramatically higher points per dollar than non-U.S.
• Business owners can use lines of credit to float ad spend, flips, etc., and pay off as revenue cycles in

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Quotes & Memorable Moments

• “Mark Cuban says, do what everyone needs but no one wants to do.” — Evan Rugen, [01:49]
• “You use your personal card, your credit score tanks; business cards, your score’s untouched.” — Brian Luebben, [09:16]
• “I’m the hot girl at the bar, man. I can walk to the bank and get what I want.” — Evan Rugen, [22:07]
• “If you sell your properties, you lose that physical asset marker; banks trust you less.” — Evan Rugen, [27:11]
• “In America, you get 8x the points as you do in Canada just by using an Amex—same spend.” — Evan Rugen, [29:44]

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Timestamps for Important Segments

• [01:49] – Evan’s entry into credit repair and the step-by-step process
• [05:51] – Who benefits most from funding strategies
• [07:00] – How 0% business cards work and “rolling” your credit
• [11:08] – Personal credit fundamentals and real-world fixes
• [13:09] – Most common collection items (why “$30 routers” still matter)
• [18:11] – What makes up an 800+ credit score (demystifying the FICO formula)
• [22:07] – LexisNexis and the hidden side of underwriting
• [24:42] – Myths about virtual addresses and LLC best practices
• [28:37] – Using business credit as an international (ITIN)
• [32:03] – Evan’s main offer and resources/next steps for listeners

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Resources & Where to Find Evan

• Website: letsgetfunded.com
• Credit Monitoring: scoreshield.com
• Instagram: @boweryboy
• Community: “School” resources for DIY credit repair ($97/mo, details on website)
• Offer: Free LexisNexis report for Action Academy listeners who mention Brian (contact through letsgetfunded.com)

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Tone & Takeaways

Lively, approachable, and tactical—both Brian and Evan share hard-won insights with a “no fluff, real talk” approach. The episode is packed with stories, actionable advice, and strategic nuance, showing that 800+ credit and six-figure business lines are available to nearly anyone willing to get intentional and systematic. Listeners come away with a roadmap to unlock funding, protect and leverage credit scores, and avoid rookie mistakes—transforming a “stuck” W2 existence into an opportunity-rich entrepreneurial journey.

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Memorable call to action:

“Let’s get you up to an 800 credit score. It’s just another tool in the tool belt, bro.”
— Evan Rugen, [33:42]

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Transcript

[A]

All right, all right. What is going on? Welcome back to another episode of the Action Academy podcast for everybody that is tuning both on YouTube and on the audio podcast. What we're talking about today is getting you guys funded today in the markets, both in real estate and in business buying, there has never been a higher need for capital and for funding than today. The person that is most liquid, the person that is most funded, the person that is most capitalized is best positioned to take advantage of any deals that come their way. And today we got one of my boys that is coming in. This is what he does all day, is he helps people do traditional financing, traditional funding, creative ways to get funded, so that you guys can not only prepare your personal credit situation, your business credit situation, but get access to millions of dollars of really creative ways to be able to do big deals. Evan, welcome to the podcast. What's going on, brother?

[B]

Oh, Brian, excited to be here, man. And I'm blessed. Cause you're a type of guy that you're sort of a leader of the industry, right? It's like when I was, like, an uninformed optimism, uninformed optimist. Learning about business, learning about credit. You're one of the first guys that pops up on YouTube. And if you told Evan, you know, two, three years ago we'd be here today, I wouldn't believe you. So, Grace, to be in your presence, excited to talk about this topic. And the most beautiful thing is that every single person listening to this call, I don't care if you're a virtual assistant in the Philippines making $2 an hour, maybe a little bit more, or you're someone in Wall street in new. This is applicable to you. In some situation, it will add value to your life.

[A]

Beautiful, man. So let's walk into the wonderful world of credit repair, funding, debt. How did you get into this world? What was the big, hairy problem that hit you personally that caused you to enter this world in general and then also help other people kind of along this track?

[B]

Yeah, man. I mean, Mark Cuban says, if you want to make a lot of money, do what everyone needs, but no one wants to do. Um, I was scaling a real estate portfolio, and I. I live in New York City now. I'm moving to Tampa soon. But I. I bought a car during COVID Paid for it three years in advance. I think I'm good. It's the first car I've really ever owned because I'm a New York City guy. And like, six months later, I got a collection of my credit, and that Was like sort of the first time I was aware of my credit that was April of 2022. So I'm like, oh my gosh, this is just my wife. Now I'm just a guy with bad credit. I had a bunch of inquiries. I can remember counting down the days for my inquiries to fall off my Credit. It takes two and a half years now. We can remove inquiries in 24 hours. But I, I, the first step I needed to do, I needed to fix my own credit to save my real estate portfolio. So remove that collection, Removed inquiries. That was like my oh my gosh, this is actually possible type, you know, so fix my own personal credit then sort of the next step was me. And this is the same path we walked down. Everyone at let's get funded as well. So stage one, fix my own personal credit. Negatives, late payments, collection derogatories. Even if you know for a fact you missed a payment. We live in Dick Cheney's America and you have rights as a consumer. So we can remove those items off your, off your report by leveraging consumer law. So level, level one, fixing your credit. Level two, building out your file. What does that mean? So adding tier one credit to your credit report. Like people like Amex, One of the most common things I say is the bank is a person, right? If I've borrowed, Brian, if I borrowed money from three of your boys that you know personally, you'd probably be a lot more likely to lend me money, right? Because you're familiar with those people, correct? The same thing with your credit report. If your credit report is built up of a bunch of random credit unions or you finance the burrito from Klarna, if you go to Amex or Chase one of the big boys, we don't know those guys, we're not going to give you debt. So building out your file that way, in addition, even if you don't have a social, we can get you access to business funding lines of credit and, and give you the ability to travel for free through something called an ITIN program. A lot of Canadians use it, a lot of Filipinos use it, a lot of people in Latin America use it. So we've gotten people that have never stepped foot in a country. $100,000 at 0%. Level three, getting access to non doc funding, meaning that you don't have to provide a single tax return bank statement when applying for this funding. Myself, I've gotten access to $1.5 million at 0% all on the business side without ever providing a document. So that's Level three, getting access to non doc funding at zero percent. And again, do explain that because I know coming out of my mouth that sounds insane like, oh, what bank shouldn't give 0% money? The banks need a way for you to walk through the door, right? They need a way. It's a promo period. Very bluntly, it's a promo period. But Brian, like with, with what you do. For example, a lot of the businesses you guys acquire, the cash conversion cycle is you know, three to six months, let's say where you invest a dollar, you get that dollar back into your business you in three months, right, or six months. So if you have $100,000 at 0%, guess what, you can use that capital on the business side. It doesn't affect your personal credit score. You use it to acquire a business. And then, and then once you get the money back from the investment, you pay that card back to down to zero. Guess what? You just, you know, borrowed $100,000 for free, right? So that's level three. Level four, after you have a business up and running, you're able to get bank statement loans. Banks start to open up after about $10,000 a month in revenue. Level 5 tax turn based loans and level 6, SBA lending. That's sort of the, the funding nirvana. So I went through the same path myself. I've gotten X to $1.5 million at 0% in the business side. And we do the same thing for our customers, man.

[A]

Yeah, that's freaking crazy. So like a lot of information.

[B]

Yeah, yeah.

[A]

So when you, so you helped a lot of people do this and you're doing this yourself. So like who do you actually, who's kind of your target person here? Are you helping more like fixer flippers do, like short term loans. Are you helping people like business buying? Like who's kind of your target demographic for, you know, getting this money at 0%? And what do you normally see them doing with it?

[B]

I mean really man, anyone who needs, anyone who needs access to money to make more money. I was in a Filipino church, shout out to Franco, my coo. I was, I was at church with him like a month ago. And, and, and I went into Filipino church and I'm not the most religious guy historically, but I went in there and the topic of church that day was money. I'm like, this is so interesting. And literally the pastor was like, yeah, you take the, the debt, you get the debt and then you, and then you sell the oil. I'm like, is this guy talking to me right now? Like, do they know I was coming? They're the only white guy in there. But essentially, who do we work with? Anyone who needs access to capital to, for, for a business venture, for example. Fix and flip. Classic scenario. Buying a business, scaling your cleaning business, scaling your e commerce business. Right? We're not, we're not funding a whole lot of, you know, SaaS companies. Right. We're dealing with a lot of companies. We're like, yo, if you get me $200,000, I know I can flip this into $400,000. A lot of people like that.

[A]

What are normally like the, the lengths. So you said that this is an introductory rate. So this is like 0%, 12 month kind of deal. And then we're able to just keep cycling through these 0%, 12 months.

[B]

Yeah, so. And that's, that's exactly what I've done.

[A]

Yeah.

[B]

So it's between 12 and 18 months. But again, the bank is a person. It's like, Brian, if I go to you and I borrow 50 GS, I pay you back, everything's good. If I come to you in a couple months, I'm like, hey, man, can I borrow 75? You're a lot more likely to say yes. So what, what always blows people's mind that I'm gonna, I'm gonna give you a great visual here. When I got into credit in 2022, you know, I learned the same way as everyone else. I had no idea what I was doing. The first card I got in the mail was from Chase Bank. $15,000 at 0% on the business side. Sidebar. Never take an offer in the mail because you're putting it into a promo category and you'll get a lower limit anyway. They started me with $15,000 at 0% right. In 2022. I remember using the card. I'm like, oh my God, this. They're making an error. This isn't showing my personal credit because that's the real thing with personal credit. If you max out a card, then your credit score goes to, you know, goes to 500. So I max out the card because it wasn't reflecting a year goes by $15,000 at 0%. The next year I go back to Chase, hey, can I borrow some more money? They gave me the next card was $30,000 at 0%. This is the real key, though, the previous card, and follow me here and ask any questions you need because it's a little confusing. I didn't get it at first. The previous card, the 0% promo is ran through. Okay, but the next card, I still have a fresh 12 month at 0%. So you can transfer the limit from this card to this card. So the $15,000 that was expired, I move about 14,000 of it to the next card. So now instead of 30,000 at 0%, I have 44,000 at 0%. 30 +14. I use it for a year. Come back, hey, Chase, come out with some more money.

[A]

Sure.

[B]

Here's a $20,000 card. The next year, $75,000 at 0%. The next year, 90,000. 2. I literally just did it. This is why, like, old, old reliable. You can see old rusty right here. This is $80,000 at 0%. The promo period ended in December. I got a new card, $30,000, from Chase right here. And I transferred the limit from this card to this card. I don't use this card anymore because I don't pay interest. That card will not be used anymore. Now this card is loaded up $100,000 at 0% that I'll use for the next year for free.

[A]

Dude. Okay, so that's freaking sick. So, I mean, I'll just. I'll say what I do. So we use, like, Amex Business.

[B]

Great.

[A]

So, and. And I think it may be good to back up a second, because when I was getting started in entrepreneurship, I didn't understand the difference between a business credit card and a personal credit card, right? So when I got started, I was just, like, putting everything on my personal credit cards, and I didn't understand why I shouldn't do that. And so my credit score got tanked, and alongside a couple of collections. So, you know, speaking of rental properties, I had WI fi at one of my rental properties I sold.

[B]

Dude.

[A]

Didn't. Didn't return. Didn't return the router, the 32 router. Xfinity, like, charged me, which, by the way, when they charge you, it's like they send a letter to your mail address at the rental property that you sold three years ago. They don't email you. They don't call you. It's just like they send a letter for 32. Sent me to collections. And so I got a freaking collections on my report. And I was just like, what the hell? Like, it's $32. Like, what are we even talking about here? And so, yeah, so let's back up a little bit and talk about the difference between, like, business credit and personal credit. Because then, you know, then I got taken advantage of by one of these, like, LLC startup corporations where they're like, we'll get you everything you need to get your llc. And. And they're like, you need business credit help for $5,000. And I was just like, what the hell is business credit help?

[B]

Yeah.

[A]

You know, and we both know the company they were presented at Cole Gordon's Mastermind. Yeah. Yeah. And. And I'm just like, what?

[B]

What? Love that guy, but that is not what you need. I. I'm. I'm like a lot of people, oh, you need to build your business card. Blah, blah, blah. I'm just telling you, Brian, I have never met a human being who has gotten more access to business funding than myself. Right. Hey, if you win the most championships in basketball, that makes you the goat. Right? So I would say on the business credit go. I've never focused on building on my business credit. I focused on maintaining my personal credit, and that has gotten me to the amount of funding I've gotten.

[A]

So let's maybe start all the way back at square one here. So let's start with personal credit. Then we'll go to business credit, and then we'll kind of go about, like, when you start doing that, and then we can go into, like, level 100 strategies at the. At the tail end of that. So let's start with personal credit. I. My credit score is probably 700. It's been sitting around 700 for years. It doesn't matter. I pay every card on time.

[B]

What about that collection? Is that still on there?

[A]

I don't know, dude. I don't check this stuff. Yeah, it's not something I even pay attention to because I haven't needed it. And so I don't know. But so for people that are listening to this that are, you know, they're getting started, they don't have a business card yet. Let's maybe give some best tricks and tips for improving your personal credit. Like, what are some things today that people can do? And maybe say, hey, here's a. Here's a decent score. Here's a good score. Here's what people should actually be aiming for is this.

[B]

Yeah. 100%, man. I mean, so many different things. But to make it just super simple, this. So this is getting into. Let's say you have no negatives. You just want to build out your credit. Right. Start with a tier one bank. If you can get a personal credit card from the bank that you work with, because again, like, the. Essentially the way the bank looks at. They need to know without a shadow of a doubt you are who you say you are. So if you have a relationship with a bank, they know okay, this guy probably is an identity theft because he's banked with us for six months. So get a card there. And again, to take it back another step, let's say you have negative items. Everything can be removed off your credit. We removed a bankruptcy. We have a low ticket funnel. It's $97 a month. We removed a bankruptcy off a lady's credit. I'll show you the screenshot. By the way, if you, you can slack check me right now, I'll show you. We moved to bankruptcy yesterday for a lady. But like late payments collection. Exactly what Brian said. The, the biggest culprits for collections I have found is car insurance routers, WI fi routers and gym memberships. We zap them off all the time. But like as an example, so everybody

[A]

else is getting hit with wi fi routers too. Oh yeah, bro.

[B]

Yeah.

[A]

Are you kidding me?

[B]

Yeah, screw them.

[A]

Screw them, dude.

[B]

Yeah, yeah, yeah. Over $30. Like, come on, I get it, it's more money. But essentially, and again, you might be asking, okay, how do you repair it? It's basically a few different methods, but consumer based law, the fcra, Fair Credit Reporting act, looking at all the different things in your credit, for example, if it's not reported the same day on all three bureaus, or if it's a different statement date or there's any inconsistencies between any of the three bureaus, we can remove that negative item. Everything that needs to be accurate and verifiable. So if you're square one, you know, these things can be fixed. Is it going to happen overnight? I'm not a yes, and I'm not saying it's going to happen overnight. The credit bureaus have 35 business days to respond to us. Some items come off quick, some items take some time. But again, just to reframe, it's like if credit repair is easy, no one would pay their bills and we live in anarchy. So we can remove items. It just takes a little bit of time, but it's absolutely doable. And then with what you said, Brian, why I love business credit is that the classic thing, you're starting a business, you put, you know, not every business up into the right. You're going to have some expenses. So you use your personal card. You know, you use that, then you're, then your, then your credit score goes down because you're maxing out, you're maxing out the card. Yeah. Utilization is 35 of your credit. But with the business side. And one thing you did say there is you, you Use the gold or the silver for the mx.

[A]

I mean, I use the gold personally and I use the platinum for the business.

[B]

So. And just one sidebar I would use if you're. Oh, you don't run ads, but if you did run ads. Okay, cool. Gold, I would use the gold. They have 4x on, on, on points. But the difference between this card and this card is this is a net 30, meaning that you have to pay the balance within 30 days. Otherwise you're paying, you know, 20% interest. Whereas this card, you can let the balance sit on there for 12 months. So let's say you're a fix and flipper or you're just buyer to buy the business, but purchase a business. And I know you might be thinking, okay, you can't buy a business on a credit card. There's ways to get money off the card and use it as a down payment. But anyway, you can have that balance sit for 12 months while you're recouping your investment. Another thing that you said is using the personal credit card, you can't even, let's say you are paying credit card interest. That's not even tax deductible. So if you're using a personal credit card or anything like that, you're not tax compliant.

[A]

Yeah, that, that, that actually makes a lot of sense. What are your thoughts? There's a little bit of a sidebar, but I saw Meta. So we are running ads now. So we're probably spending be 30 to 50 grand a month on ads. And a lot of people that are listening to this as a business owner, it's like you guys are going to run ads probably so I mean just about anybody in any industry. And so now Meta is saying that they're going to go away from credit cards April 1st and go to just direct billing. So what are your thoughts on that?

[B]

I saw that for sure. My thoughts on that are, I know Google tried to do it and everyone got mad at them, so they switched back.

[A]

Yeah, I'm hoping it's the same thing here because I guess for people that are listening that don't run ads, what's cool about it is like you're having to put up 30 to $50,000. Right. To buy the ads, to run the ads. And then the game is okay, well now if the ads are good, you make a return, it's called Roas return on ad spend. And then you get, you put 30 grand in, you get 90 grand back. And then you pay off the 30 grand.

[B]

Correct.

[A]

And then the rest is the profit. But if you're having a pony up in cash, it's like a lot of people aren't going to be able to do as many ads with that cash cycle.

[B]

And, and so Brian, I do have a question for you on that and then I'll, I'll answer you. Is that so there's so many. Is now going to connect directly to the bank account.

[A]

That's what they're saying. Essentially they're doing like net 30 terms on like the actual bank account.

[B]

No problem. So it's just one extra step. And that's, you know, again, like a few of my guys have already flushed it through me and I think that's going to work. So you can do something where you can take the money off of the card. Right. So all you have to do is add one extra LLC to the flow. And let's say LLC 1, Bills LLC 2. Let's say we hit this with a $5,000 stripe link. That money goes to the bank account that is still connected to Meta. The money can come straight from Meta. And then again on your taxes at the end of the year, when the money flowed from this account to this account, just tell your accountant, hey, that's debt, it's not income. And then you write that off on your taxes. So I don't see as an issue. It's just one extra step. But yeah, so that's what we're going to do.

[A]

Okay, now that, that checks out. So when somebody, so when somebody is going, so, like, what does it actually take to get like to an 800 credit score? Because I see some of my friends that are business owners, they're like, oh, yeah, my credit score is like 820. Like, brother, how. I don't, I physically do not know what I'm supposed to do. My credit score is like, again, it fluctuates between 700 and 720. And I don't know how to get it up.

[B]

I would love to, I would love to share my screen again just as a validity statement too, because I have an 830 credit score. Yeah, I mean, okay, cool.

[A]

I don't think, I don't think you're able to do this on here, are you?

[B]

Let's try. Let's see. And if for the people that are listening to without visual, I'll be very audible explaining it. So. Boom. So how did I get here? Right?

[A]

And also say, why does this matter? Like, how does this help?

[B]

Yeah. So at a high level, and I know, Brian, your audience, you have a lot of people with a Lot of money. However, leverage is always good. Banks like to give you money when you don't need it, right? And think about it like the bank is a person. If someone comes to you and they're like, hey, I need money tomorrow, you're like, all right, man. But, like, if you go to a bank, you set up that relationship, you do everything, and then you ask for money. And let's say, you know, a little bit down the road, they're a lot more likely to give you high limits. So why did this. Why does this matter? With the highest credit score, you get the best limits possible. For all my real estate, you know, you know, people listening. For every 10 points, your credit score is lower. On average, you pay an extra $30,000 over the course of your loan. So you, you, You. You get the absolute best terms possible. I always say to my people that are in that level one, with poor credit, it's like, yo, you are swimming upstream, right? Like. Like your life is just fundamentally more difficult. No credit card points. You have bad rate on all of your debt, and you don't have access to that capital. For example, like, I'm not really actively buying real estate right now. However, like, six months ago, someone came to me. There was a deal that was about to. There was headed to the foreclosure block. They had about a week to close on it. They're like, evan, I know you're sitting on, like, a million dollars of lines of credit. Can you close on this? You can buy this deal at $0.50 on the dollar. And I'm like, yeah, sure, man. Just give me an appraisal. If that checks out, I'll buy it. Closed on it. We're now closing up. Sheetrock House will reappraise at about $450,000. And I made $150,000 of equity just because I had lines of credit available to me. But the general breakdown, if you can see my screen, Brian, is payment history. And again, it's 35, 30, 15, 10, 10. So the most important thing, 35% of your score is your. Is your payments. Make payments on time. If you miss a payment, let's say like, like you brown, like, if something lapses or a card turns off, you forgot about auto pay. You could. Usually we can. We can remove that and get that fixed credit usage. Again, that's. That's 30% of your score. You want to keep that below, you know, 15, 20%. Derogatory marks. That's like collections charge offs. You don't want anything there. Those are actually very Easy to remove credit age. Let's say you're a young guy in the game. You can get something called an authorized user, add that onto your credit. You can get something like, you can actually report all your rent payments onto your credit. So for any of you guys that are thinking about buying a house and you're, oh, I don't have a lot of comparable credit. Report your rent onto your credit. That way when they pull your credit profile, they can be, okay, this guy has serviced a $2,000 debt for the last five years. He can probably service a $2,000 mortgage, right? And then of course, there's inquiries and, and diversification of credit as well. But that's the high level.

[A]

And you use. So out of all these different websites for you to use, you use Credit Karma.

[B]

Like, this is the one that I would recommend. Score shield.com. score shield.com is a, is a, is a three bureau. Like, if you go to Credit Karma, you can see that, you can see that it's only showing two bureaus there, right? So scorchfield.com, it actually comes with a million dollars of identity theft insurance, which I love. I can just sleep better at night. It's a three bureau. So I can see everything that's going on with my credit at the same time. And then in addition, it sort of goes a little bit deeper and shows you exactly what you can do. It's actually an AI model that I programmed that shows you, hey, here's the exact steps you take at what time to get to an 830 credit score. Or, sorry, 850 credit score.

[A]

Dude, that's, that's crazy. Okay, so, so you're saying that, you know, with this type of credit score, every single thing, every alone that you apply for, everything that you're doing is just like, you're just getting better rates,

[B]

better terms, better pizza. Papa John's. No, just kidding. It sounded like, yeah, no, I, I'm the hot girl at the bar, man. I can walk to the bank and pretty much get anything I want. Like the most recent wins, I just got a hundred thousand dollar line of credit from Flagstar Bank. All I do is produce bank statements. And again, like, what people don't talk about. Yes, it is your credit score, Brian, but It's also your LexisNexis. What? Which 99 of people aren't gonna know what that is. LexisNexis is an account I pay for. I, I pay about $5,000 a month for this, Brian. But what it is, is essentially the only people have access to it is banks, private investigators and myself. It was a nine month process to get it. But that's truly like the underwriting profile of your credit score of you as a person. So I could. And I'll get you a report after this because I'm probably. You're probably curious. I could pull up every car you've ever owned, any boat you've ever owned, any aircraft, any traffic infractions, any legal run ins, any LLCs you own, anyone you've ever been attached to, anyone you've ever lived with. And why that matters is because there's a score associated with you. Like we had a guy that came to me a couple months ago. I think his name is James. I don't, I don't know, I shouldn't say his person, his name came to me. He's like, all funny companies are a scam. It doesn't work, blah, blah. And I couldn't figure it out either because he had a 70, 80 credit on score Shield. So I pulled up his Lexus Nexus and I'm like, hey man, who's Steven? It says that this company is owned by someone who's deceased. He's like, oh, that's my ex business partner. I'm like, okay, man. Well, your company, according to the banks, is owned by a dead guy. So like of course they're not going to give you a dollar. So we went into the state filings, we corrected it and then it had, it showed him as the owner and then we were able to get him $150,000 at 0%. But those small things that you wouldn't even know about.

[A]

Holy crap, dude. I mean, yeah, that's fricking sick.

[B]

I'll get it for you. I'll send it to you after this call.

[A]

Appreciate it. So, all right, so that's the one way. So pay off, pay off your debt. Credit utilization low. Make sure the markets are taken care of. Yeah, dude, it's like, yeah, I feel like there's a lot going on with my credit that we need to look at because I mean it's just, again, it's not something I ever think about. Like, because we don't have a limit. I think my amex business Platinum is a charge card. So I have no limit and I could just basically just spend as much as I want to spend on it. So can you talk about the difference between like credit cards, like other lines of credit that you're doing? Like, so how do you pull on different like loc and having all those available? You just Go into the bank. Like is an email. Is it a phone call? Kind of walk us through the actual process.

[B]

Yeah, man. So again, like another myth. Myth I see online is people are talking about virtual addresses and virtual phone numbers. Like, guys, it's not 1998 anymore. I am talking to you right now from my home, right? And what does my LLC says? It's my home address. People are like, you need a virtual address, you need a business address. I'll tell you why that doesn't work, is because when the bank pulls up your llc, a lot of times, like if you use a ver. Do you know what a virtual address is? Okay, virtual. Sorry, I know I speak. Yeah. Virtual address is essentially like a fake office. Like a place where you get mail so you look.

[A]

Oh, I mean, yeah, it's like a registered agent.

[B]

Yeah, registered agent.

[A]

Because our business is out of Wyoming, so we have a registered agent. So same thing. Yeah.

[B]

And we'll. We'll go there in a minute about the Wyoming based llc. But if you. A lot of times when you do that, when you start a virtual agent, when the bank pulls up your llc, it will say addresses attached to a post office or addresses attached to a vacant commercial building. That's a red flag. Or on LexisNexis, it's technically a yellow flag. And that's the reason people are getting denied. They wouldn't even know, for example, me. Everyone always told me, and I just happened to sit at my LLC before I really knew about credit and funding. One of my LLCs is Rugen Sons LLC. Made it when I was 19 years old. Sort of got lucky there. The next one is Lampard ventures. But those two LLCs, there wasn't any restrictive names in the title. If you go in there and you're like construction, real estate, dispensary, right? Automatically, red flags. You can only hurt yourself in the name of your llc. So name it something vague, something ambiguous. Because when I was forming these LLCs 10 years ago, I didn't know what direction I was going in my life. You change paths, the same LLC you use for one business used for a different business five years later. And you can always do a dba. So make sure you're verifiable. It is great if you have a mortgage or a. Or a car on your credit report. Why is that? Because there's this. You know, Matthew Cox is. He's like a criminal podcaster. He went to jail for financial crimes, and he said one of his favorite things was stealing homeless people's identities and Making a synthetic. Making a synthetic credit report for them, you can't really. It's a lot more difficult to identity theft your way into a vehicle or a home. So when you have those things in your credit report, it's like, okay, this is a physical asset. This person is much. Is very likely not identity theft. So if you can get anything physical on your credit report, that helps dramatically.

[A]

Yeah, I think that's another thing that hurt me when I sold my rental properties.

[B]

Yeah. But we would just have to run through it. Brian and I happen to jump out of, like, immediately after this call and go through it. But it's good that you had those rental properties because at one point you had something physical on your name. So, like, okay, Brian is the real person.

[A]

Correct. I am, in fact, real. I'm not. I know that. That's. That's freaking awesome. And so now walk up. Now walk through some of the other stuff that we've been able to do with these lines of credit for business. I mean, because that's. I mean, it's awesome. Like, I didn't even know this world existed. So that's why I'm asking all these questions because, like, 0% is amazing. Ours is net 30. So we have the Amex, and I think it's like 25% interest. Now. I don't pay any interest payments. Pay it off in full.

[B]

We pay it.

[A]

We pay it off in full every month. There's a lot of businesses that don't have cash flow managed that well. And so. So, yeah, so share some other examples about, like, how people are being able to win with this, because I think this is huge and, like, what's the largest lines of credit you could do and, like, what impacts that?

[B]

Yeah, I. I have another. I'm gonna. I'm gonna answer that. I'm gonna go in another direction for a second. But I will say amex is very good with using AI to understand, like, your spending habits. So that's. Yeah, that makes sense. You have unlimited credit because you can always pay them back. But again, if you want credit where you don't have to pay it back immediately, you know, obviously we help people with the amex and stuff like that, but that's all. But I really want to blow your mind. Do you have a lot of people in your program that don't have socials? Like, no. Do you have any international people?

[A]

I mean, a handful, but most of ours are US citizens.

[B]

Got you. So I just want to make an example of the American credit system. So let me. Let me Let me get visual here for a second. Let me try and get the same cards. Perfect. I have two Golds on me. That's. Yeah, it's gold. So two cards. Okay, two cards. One was, one. One Amex was, was in Canada. One Amex is in America. Okay. Same exact spend. Every single variable is the same, other than this. This card was formed in Canada and this card was, was formed in America through an itin. Okay. So in Canada, let's say I spend it, I got 100,000 points. Are you like a points guy? Do you follow itself? Yeah, yeah.

[A]

I mean most of, the, most of the hotels that I do, I go do ridiculous hotels and I make them slightly less ridiculous to points. So I'm using millions of points every year.

[B]

So if you're in Canada and you get 100,000 points, right. If you use the same exact card and you just happen to be in the United States, every other variable is the same. You made the same purchases on the same date. Guess how many points you get just from using this card in America.

[A]

How many?

[B]

Yes. 300, 800. You get 8x the points just by setting up your LLC in America as opposed to in Canada or something like that. And the reason for that is because there's no such thing as a 30 year mortgage in Germany, right? There's no such thing as these, these, these debt terms like in, in Latin America, it's like a 20 year mortgage, right? And they don't have to motivate these people that much. It's like, oh my God, I got 100,000 points. That's great. But in America, you know, home of the debt, right? You really need to promote us and push us to, to spend. So it's very simply just a point arbitrage. You get 8x more points than any, any other place in the world just by using your card correctly. So that's all those people that are running ads internationally. It's like, dude, you're missing out on like $100,000 a year in points.

[A]

So what's the itin? What is that?

[B]

Individual Tax Identification Number. It's, you know, very simply globalization. We have. My COO is in the Philippines. Who's talking to your. I think your COO right now? I have another guy, one of my funding managers, he's in Colombia. I sponsored both of them to get them an itin. Individual Tax Identification Number. Once you start paying taxes in America, you get a social. So we set up an itin. You can set up an ITIN in the same way that you set up an itin the same way you set up a Social Security number. And we just build credit on that and are able to fund them a little bit of a longer process because we have to set up everything, but we're able to get, you know, we funded a. A German guy, $150,000 at 0%. A lot of Canadians, a lot of people in Latin America. But again, not to stray too far of what we truly do. I'd say 90% of our customers are American. Where we get them access through their personal credit. We either fix their credit, or if they come to me with a 700 credit score, we can generally get them access to a quarter million dollars at 0% on the business side.

[A]

Damn. Okay. Yeah, that's absolutely crazy. So it's. If somebody. So what does the process look like? So if somebody wants to find you, follow you, work with you, like, what. What are kind of the next steps? Like, what does that look like?

[B]

Yeah, man. I mean, and again, I appreciate you having me on and all that stuff. I mean, I. I always like to say, like, if you can't find me, you're doing something wrong. Like, let's getfunded.com. it's very easy to remember. Patent pen. Yeah.

[A]

Yeah.

[B]

Thank you. Miracles do happen, bro. I domain sniped it. I got it for $9. The same week a private equity company offered me $150,000. First offering. I'm like, nah, this is mine. So, yeah, let's getfunded.com, instagram is boweryboy. Go to our website. We also run the largest credit by revenue, School community. For credit. Everyone who joins. I'm gonna regret saying this, but everyone who joins our school community and mentions Brian. I'll get you a link, Brian. So I know who they are. I will get them their LexisNexis report so they can, you know, sort of look into that. And I want to. If you have time, let's jump on after. I'll get you yours. And I would also say, in terms of paths of working with us, you can either work with us directly, we can fund you, we can remove all your items, all that stuff. Or if you're like, you know what? I don't want to talk to anyone on any social. I want to try and figure this out myself. You could always join our community. It's like 97 bucks a month. All the plays are in there to how I've gotten $1.5 million in funding. You can try and run them yourselves. It's a nuanced thing. It's almost like if, you know, you know, type deal and the same. Same thing with your industry. But, yeah, let's getfunder.com and scoreshield.com as well as our credit monitoring arm.

[A]

Super cool. Yeah. Sweet.

[B]

Yeah.

[A]

And I'm gonna go check out scoreshield.com Also, myself and you guys can find out everything in the show description, and we'll have that school link in there as well, so. Dude, yeah, this is. This is something interesting. This isn't something I've ever really thought about. And so now this is like another cool tool in the tool belt.

[B]

So it's just a tool in the tool belt, bro. Yeah, It's. Yeah, man, 100%. And I know you probably don't need it as bad as maybe some of your students because you're killing it, but like I said, there's always something like, I want to see what that gym collection is. Let's get you up to the 800 credit score.

[A]

Let's go, baby. Let's go. So, guys, it's been Evan and Brian with the Action Academy podcast signing off. See you.

[B]

Peace.