Disclaimer: I am not suggesting you break any laws. If you are subject to regulations that prohibit you from receiving affiliate income, then perhaps you have a spouse, child, relative, or friend who wants to set up the business that you refer your clients to.
The idea here is simply. Credit Scores not only affect your clients ability to buy a home but also the interest rate and points. Even a client with a 700 score could possible benefit by improving that score to 720 or 740.
By directing your clients to a credit monitoring system, your client May be able to improve their score with some simple guidance from the monitoring service. This could be as simple as paydown information, best by dates for individual cards, etc.
You (or someone you know) could be profiting from this by becoming an affiliate for a credit monitoring company. You (or someone you know) could be receiving monthly affiliate income every time that potential buyer pays for the monitoring service. Many consumers see such value in these services and keeping up with changes on their credit reports that they will keep the monitoring service for years after they complete their home purchase extending your affiliate income well into the future.
This is what we refer to affectionately as mailbox money - monthly checks for zero or minimal effort.
Here are the two leading monitoring companies with affiliate programs that specialize in consumers services geared towards home purchase.
Comments(1)