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The Tai Lopez Show

How You Can Fly Private Jets and Drive Porsches For Free: Building Good Credit with Stephen Liao

The Tai Lopez Show

Tai Lopez

Business

4.86.9K Ratings

🗓️ 23 February 2018

⏱️ 47 minutes

🧾️ Download transcript

Summary

It’s never too late to start building good credit. Thinking into the future, there will come a day when you need to take out a large sum of money. This could be the down payment on a house or the seed money to start your business. If you don’t have a good credit score, it will be near impossible to do this without enormous interest rates. So, the time is now to start building the necessary credit foundation for when that day comes.Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0

Uncle John and Sally telling you to you know open one credit card just use it pay it off at the

0:04.8

end of the month and you have your $500 credit line and you're maxing out you're spending $480

0:09.8

and then you just wait until then let's pay it. It's actually hurting your store as much as missing

0:14.1

a payment.

0:20.0

Let's talk about credit everybody for live streaming. I've got Steven here. We're talking about how

0:28.0

to repair credit how to how he raised his credit over 100 what'd you do 150 170 points you know

0:36.4

my goal is to this 300 thing so I'm gonna take 300 people from rags to riches so I've been working

0:42.7

on this project for about a year I've brought a ton of people through and now I'm going back

0:48.4

and documenting flying people in some of my top students have made a million bucks in their first

0:55.0

year that's the best I think the best so far is about 1.2 million that I've verified there's some

1:01.2

other people and these are people that had done zero before so it's not people who inherited money

1:06.4

but as part of this series I'm going to be I'm live streaming here and Steven's going to teach

1:10.8

most of this because this is like he lives in breeds credit everything to do with credit so we're

1:15.9

gonna talk about what credit card you can get how to get stuff removed from your credit if your

1:21.0

credits all messed up I had some stuff on my credit that I years ago that wasn't even right I got

1:26.8

to remove I had some stuff on there that maybe should have been on there there's ways that you can

1:32.1

appeal and get it removed and Steven's got how many credit cards do you have right now 200

1:38.0

do you have your stack of credit cards 20 right now I actually don't I want to be very good he left

1:42.5

in Vegas he's been traveling the world he's 20 years old he dropped out a Stanford and he just

1:49.2

has been building businesses got over a million dollars with the credit line and did all this in

1:54.0

like a year so we're going to show you catch back rewards free travel he where you staying at right

1:59.2

now I'm staying at the Marriott Marquis in Chicago Marriott Marquis in Chicago's live streaming in here

...

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