How to Make $100,000 in Six Months Using Your 9 to 5 Job and Credit Hacks

If you are watching this, chances are you want to improve your financial situation and possibly have bad credit holding you back. This guide will walk you through a practical method to make $100,000 in six months by leveraging your 9 to 5 income and smart credit strategies.

Step 1: Clean Your Credit Report

The first step is to clean up your credit report. This is crucial because bad credit can limit your financial opportunities. You can do this by using the Fair Credit Reporting Act (FCRA) or consumer law protections.

How to Use the FCRA to Clean Your Credit

• Obtain your credit report and carefully review it.
• Remove any outdated or incorrect information such as old addresses, names, or phone numbers.
• Identify accounts linked to these outdated details.
• Dispute inaccurate accounts directly with the credit bureaus by reporting them as inaccurate.

Handling Accurate Accounts

For accounts that are accurate but you want removed, use a cease and desist letter. This letter, which you can prepare by filling in a template, should be mailed directly to each creditor associated with your credit profile. Once they receive this letter, they are required to remove the account completely.

Step 2: Apply for Secondary Lenders to Maximize Credit Power

While cleaning your credit, simultaneously apply for as many secondary lenders as possible. The goal is to get approved for at least $20,000 in credit power.

Choosing the Right Lenders

• Focus on lenders that offer no interest for the first 15 months.
• This allows you to pay back half of the loan over 10 months without accruing interest.
• Use the remaining funds to leverage through your bank accounts.

Step 3: Run Your Money Through Banks to Build Strong Bank Statements

Building strong bank statements is essential to demonstrate your financial capability to lenders.

Setting Up Your Accounts

• Use your primary credit union as the source of your loan.
• Open a secondary bank account with services like Chime, Venmo, Cash App, or Varo.
• Get a payment processor and connect it to your credit union.

The Process

• Deposit your 9 to 5 income into the secondary bank account.
• Use the payment processor to move money, which will then direct deposit into your credit union account.
• This creates a legitimate paper trail, building your bank statements.
• Withdraw the money from your credit union account and deposit it back into the secondary bank account.
• Repeat this cycle for at least 90 days.

Example

If you make $2,000 a month from your job, this process can make it appear on paper as if you are making $30,000 a month. This significantly improves your chances of getting loans and credit.

Step 4: Build Relationships with Bank Tellers and Apply for Loans

Once your bank statements reflect a higher income, banks will be more willing to lend you money.

How to Approach Your Bank

• Visit the bank where you have your accounts.
• Find a good bank teller and build a relationship by taking them to dinner and asking questions.
• Learn about their no-documentation funding limits.
• After two to three weeks, apply for a loan.

Building a relationship with the bank teller increases the likelihood that your loan application will be approved.

Final Thoughts

By following these steps—cleaning your credit, maximizing credit power through secondary lenders, building strong bank statements, and cultivating relationships with bank personnel—you can position yourself to make $100,000 in six months using your 9 to 5 job.

If you want more detailed guidance on using your credit to generate millions of dollars, consider booking a free coaching call with an expert in the field.