Hey, it's Ty Crandall with Credit Suite, and what would you say if I told you
there was a secret credit report used by everybody from insurance companies to law enforcement
to lenders and credit issuers, that has your entire life's history in it and you probably
don't know about them never seen? That's what we're going to cover in this video. I'm going
to introduce you to LexisNexis. This is the root of where everything comes from and will
teach you what's on this report, how to get the report. And I'm going to introduce you
to the most intrusive thing you've probably ever seen in your life. So you've probably
pulled your credit report before, Right. Well, let me show you mine. This is my LexisNexis
credit report, it's like a book. Its 300 pages long, and I bet you yours is probably
the same, if not longer. So what's in this thing? Well, first of all, before we get into
it, let's talk about who uses it. So many organizations use your LexisNexis credit report
from, insurance companies to law enforcement lenders, credit issuers, suppliers, utility
companies. They're all looking at this to determine all kinds of things. So if you've
ever been surprised by underwriting decisions when you go to get a loan or a mortgage or
even to get an insurance policy and all the crazy information they have about you, guess
what? They're getting it all from here. And it's completely free for you to get a copy
of this credit report. So what's in this thing? What's in this book? Well, first of all, let's
start with everything. Every email address you've ever owned, every address you've ever
had, every phone number you've ever had, the homes that you own, the actual building materials
of the home, whether it's one floor, two floors, the garage, the size of square footage, the
homeowner's association, every mortgage you've ever had, the title companies you use, to
close the actual loan, the interest rates that you've actually had on that as well.
All loans that they know about, all that information's in here. Every traffic ticket, every misdemeanor,
every felony, everything to do with your records, anything to do with law enforcement is in
here as well. Every vehicle that you've ever owned, the VIN number for those vehicles,
every insurance policy that you've ever had as well, every license you've ever had issued,
every license you've ever had revoked, whether you've been married, whether you've been divorced,
your family's information, your kids information. Let me see if I got it all, not even close
a lot more information is in this credit report. This is the most intrusive thing I've ever
seen in my life, and I'll tell you how I found it because we tried to get an SBA loan and
they tried to collateralize my home when there was no need to and come to find out, there
were judgments on my LexisNexis credit report that were even on my regular credit report.
The reason is it was bogus these judgments didn't even exist. So I had to go through
this whole process to work with the county to actually prove a negative, to prove I didn't
have judgments that LexisNexis said I did. And when I cleared them up, I no longer had
any problems with bank accounts, merchant accounts, and loans in the future. The second
thing that happened with trying to get my SBA loan was they asked have I ever been
convicted of a crime? And I said, no, I'm a straight shooter I'm sure you say the same thing on
your applications as well. And sure enough, they came back with a misdemeanor that I had
when I was way younger, that I hadn't even thought about that I had to go through this
whole explanation of why I had lied to them, and I didn't lie. I didn't even remember
I literally had to pull a background check on myself to even know what they were talking
about. And then remember, when I was like 20 years old and in the Air Force, I did this
whole thing with the wheelie and the police officer wasn't impressed. There's
a whole story behind it, but I can come to tell you that nearly 30 years later, it came
back to bite me because it's all housed right here. So you need to get your LexisNexis credit
report. You need to make sure this information is accurate because every life insurance policy
you get, every car insurance, home insurance policy, whenever you're pulled over by the
police, everything else is all in this information. And so it's very important that you get a
copy of your LexisNexis credit report for free and update the information. How do you
do that? Well go right online and Google LexisNexis credit report you're going to find a one-page
form that you're able to get fill out and mail to LexisNexis within 30 days. They will
mail you your book and you can take a look at basically every detail of your life right
here and then know when you get this information that it's being used by all of these sources.
So there's information in there you believe to be inaccurate or don't want to be seen,
then you need to dispute it directly with LexisNexis to get this information updated
or removed, it's very important. Once you do this one time, you're going to find all
kinds of issues you've had in the past magically go away. Let me give you an example if you've
ever tried to dispute a public record on your consumer credit report with Equifax, Experian
and TransUnion, guess where they're verifying that information. You guessed it, LexisNexis,
they are not going to the actual courthouse to verify that information. So if you ever
had a bankruptcy on your credit report or judgment and you tried to dispute it and they
said the information was verified, next time, go to LexisNexis, dispute it have it removed
there then disputed with the credit bureaus, and you'll typically see that item come right
off your credit report because the credit bureaus, like everyone else, use this LexisNexis
credit report to get all kinds of information about you. Now, I don't think anybody should
have information about you that you don't have yourself. So make sure you get a free
copy of your LexisNexis credit report so you know what others know about you. And to get
started on building your business credit, that also makes you more lendable and get
you the money you need from these lenders and credit issuers when you need it. Visit
us online at creditsuite.com/ein for our free guide that maps out the exact steps to build
business credit, including how to improve your fundability by accessing these type of
secret credit reports and all the other places that reporting agencies get your information
online to have the best chances of getting approved for the most money for your business.