What is monetizing creditTM ?
This is a powerful concept discovering the true monetary market value of credit, consequently lowering loan cost for borrowers and consumers as well as those seeking credit cards. Monetizing Credit – Consumers or borrowers would initiate the process by issuing a Request For Bid (RFB).Consumers place their credit out for bid enabling mortgage brokers, loan officers,credit card issuers and lenders the opportunity to offer an interest rate bid based on their credit market value. *Monetizing Credit Income Opportunity – borrowers can refer other borrowers and get paid. Net $7.00 for each referral. The $7.00 is held during the loan approval and signing process. Once the applicant has signed and closed the loan the referrer is sent a check for their referral. If the applicant is not approved or if the applicant opt-out of the loan process the referrer will not receive the $7.00 referral fee. The end result is no payment due for referral because the loan did not close.
