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How to Read a Credit Report Without Wanting to Cry
In this video I walk you through two real Equifax reports – my own, and a client's report with a default and missed payments (fully redacted) – so you can see exactly what everything means in real life, not just in theory.
I'll cover:
How to read an Equifax credit report and what each section actually means
How to identify defaults, missed payments, and enquiries – and how lenders view each one
What advice to give a client when their report isn't clean – and how to actually help them fix it (and how to use this moment to build trust and become the broker they remember)
I have heard from my clients that a lot of brokers see a bad credit report and basically tell the client to eff-off. That's not okay, and it's also a massive missed opportunity. The brokers who sit with clients and help them work through it, and give them a plan, are the ones who get a call back in 12 months when it's fixed.
Be that broker.
In this video I walk you through two real Equifax reports – my own, and a client's report with a default and missed payments (fully redacted) – so you can see exactly what everything means in real life, not just in theory.
I'll cover:
How to read an Equifax credit report and what each section actually means
How to identify defaults, missed payments, and enquiries – and how lenders view each one
What advice to give a client when their report isn't clean – and how to actually help them fix it (and how to use this moment to build trust and become the broker they remember)
I have heard from my clients that a lot of brokers see a bad credit report and basically tell the client to eff-off. That's not okay, and it's also a massive missed opportunity. The brokers who sit with clients and help them work through it, and give them a plan, are the ones who get a call back in 12 months when it's fixed.
Be that broker.

