As a FICO Builder, As a FICO Builder, your primary focus is to educate yourself about credit, how to properly build it and properly manage it for long-term success.
Once you’ve begun Building Your FICO, it’s time to start planning your financial goals - both
short and long-term, and then to learn how to align your financial goals with the financial
resources flowing into your household.
Following, I will break down the 4 phases that you will move through as you progress through the courses, live lessons, and live Q & A, Accountability and Support Group sessions inside of Credit on Fire.
In each phase, there will be Milestones and the Action Steps to achieve those Milestones. A downloadable Success Guide will be available inside of each Phase that fully outlines the Milestones, Action Steps, and Courses to complete.
Ready to Get Started?!! AWESOME, Let’s Go!
Projected Timeframe to Completed: 60-90+Days
(depending on how many items you’ll) be disputing)
In the Ignite Phase, you are ready to map out what it takes to achieve great credit scores. You are ready to have your scores open doors for you versus closing them.
You're not just ready for Lit Credit Scores, You're Ready for a Permanent Financial Transformation!
Let's Werk!
Download Ignite’s Success Guide - Milestones & Action Steps
Ignite’s Courses: I’d like for you to complete the following lessons in sequential order:
Statute of Limitations, (only if you have negative items reporting)
#CreditBuildsWealth: Overcoming Mental & Emotional Blocks to Manifest Your Goals with Latrice Sampson Richards
Goals on Fire - This is where you’ll identify what your values, beliefs, and priorities are so that you can align them with your money.
Agencies to Freeze Your Reports With (If you have inquiries that are 6 months or younger, or public records reporting)
Extra Credit: FICO On Fire: You can’t rebuild anything without understanding - clearly - how it's calculated, and how your negative accounts are affecting your FICO Scores.
Upon completing each milestone detailed in Ignite’s Success Guide and Completing the courses above, you may move on to Phase II - Flaming.
Remember to Post your Completion Certificates to the Wealth Creators Community!
Flaming - Phase II
Projected Timeframe to Complete: 4-6+ Months
In the Flaming Phase, you are officially ready to begin your FICO Building journey, Whoot Whoot!
You will be working on your FICO Builders Beginner's Plan of Action- tweaking
along the way. You are acting on the steps needed to Restore & Rebuild Your Scores,
as well as learning other ways to begin maximizing your credit scores -- aka budgeting
on a monthly basis.
Ready to Get Started? Let’s Go!
Download Flaming’s Success Guide - Milestones & Action Steps
Flaming’s Courses: As a FICO Builder, you should be stalking the Rebuilding Your
Credit - Tips & Resources Lesson. In the Flaming Phase, you will assess and identify what credit products to add to your credit profile, AND know how to properly utilize them to get the best results. Select at least 1-2 credit products to add. If you will be disputing negative items as well, all Basic + Intermediate Credit Repair Courses are available within 30-60 days of enrolling; some of the most popular ones are listed below. Annual Members, you will have access to all courses right way. Simply click on the orange “*AM” link next to each class to gain immediate access. Only complete the lessons that correspond to the items that are negatively impacting your credit profile. Please read Flaming’s Success Guide for additional instructions before you begin disputing:
Fire Your Collections (non-medical collections),
Fire Your Repossessions (Live Lesson Replay),
Along the way, if you’re unsure about anything,Ask!
An accountability partner would be great at this point if you do not already have one. Just post inside of the Credit on Fire Community that you are a FICO Builder seeking an accountability partner.
Your ultimate goal is to hit mid-to-upper 600s before moving on to the following phase. Most spend about 4-6+ months in this Phase.
This may be the longest phase for you, as it involves you moving and progressing through different brackets of the FICO Scoring Model.
Remember to Post your Completion Certificates to the Wealth Creators Community!
Glow-Up - Phase III
Projected Timeframe to Complete: 6-12+ Months
(depending on negative items reporting & debt load)
The Glow-Up Phase is where you will actually SEE your accomplishments. Your scores have soared, your disputes have gone well, and you are making a concerted effort to change the habits and financial behaviors that led to your less than perfect credit scores in the first place.
Wealth Creation starts here.
You’re building the emotional and habitual foundation to sustain Wealth BUILDING!
I soooo want to know when you get to this Phase! So, Post in Credit on Fire Community: “I Am In the Credit Repairer’s Glow-Up Phase!!!”
In this phase, your goals direct your money, and your credit habits are a reflection of that. So review your goals to ensure they are in alignment with what you truly desire.
Download Glow Up’s Success Guide - Milestones & Action Steps
Glow-Up’s Courses: The Mindset Lessons, Budgeting, Debt Elimination, Goal Setting, and #CreditBuildsWealth Masterclasses are important in this phase. These are some of the courses and Live Lessons that you will focus on. Please read Glow-Up’s Success Guide for a full breakdown of your Milestones and Actions Steps before continuing:
How to Make Wise Financial Decisions
Check into your community often. Schedule Credit and Budgeting Consultations if needed, to ensure you're in alignment with your goals,
Take courses that will support YOU in getting to that next level. Transparency is important here :)
This is THE time for you to put your Credit on Fire Affiliate Link to use. Share your journey with your friends, family and colleagues. Let them know that Great Credit can be achieved and that a community exists where they can comfortably learn all of the Financial Lessons that we were not taught while growing up… And then share that affiliate link! LBVS
People need a safe, supportive community that they can grow in; and Credit on Fire is it!
Crushed all of the Milestones in FICO Builder’s Glow Up Phase?
Time to move on to the next Phase!
FIYAH - Phase IV
Projected Timeframe to Complete: 9-18+ Months
You Have Soared Your Credit Scores, and are now ready to begin firing up other areas of your finances in order to begin creating the freedom lifestyle and prosperity you desire.
You are officially ready to begin Creating Wealth!
It’s time to brag on yourself a lil’ bit, because you have been working HARD, and we’re so very proud of you. Post to the Wealth Creators Community about your journey with the title: I’m On FIYAH!!!!
Contact our Community Outreach Manager to schedule a “Wealth Creator on FIYAH” segment to share your journey and to empower and encourage other Wealth Creators who so need a boost right now (gift is included!).
Download FIYAH’s Success Guide - Milestones & Action Steps
In this phase, the student becomes the teacher. You will support your fellow Wealth Creators, while continuing to grow and maintain your financial habits, credit scores, and budget. You’ll continue working on reducing your debts and taking the wealth building courses inside of the Academy. Remember, we add new wealth building courses every quarter, so suggesting wealth building courses that will further push you towards accomplishing your goals is a must in this phase!
This is when Credit on Fire becomes more customized for you. By suggesting classes on topics you are interested in, you are further solidifying your knowledge so that you can begin implementing what you have learned. Prior suggested Wealth Creator Courses Include:
- How to Be a Notary Republic
- How to Build Business Credit
- How to Purchase Your First Investment Property
- How to Invest in Marijuana
See the trend? These are EXCELLENT topics to begin putting your money to work for you! I can’t wait to hear your suggestions and watch your Wealth Creation Moves!!!