Subscribe via:
Show Summary
In this episode, Brianna Wenrich of Kaydem Credit Help breaks down the fundamentals of credit repair and explains how strong credit can create opportunities for real estate investors, entrepreneurs, and everyday consumers. She shares practical strategies for disputing inaccurate credit report items, improving credit scores, and maintaining healthy financial habits. Brianna also discusses the importance of transparency in the credit repair industry and highlights how credit education empowers individuals to achieve their financial goals.
Resources and Links from this show:
Listen to the Audio Version of this Episode
Investor Fuel Show Transcript:
Brianna Wenrich (00:00)
legally no credit repair company in the world can guarantee removal of items, increasing credit score or timeframe. But we just had a client that had one account with Capital One that had a 30 day late payment from a month ago, 60 day late payment from two years ago, and a 90 day late payment from about two years and three months, as well as an unpaid collection and a charge off.
Just within one month of disputes, we were able to get everything removed. So we’re targeting all like that late payment account. We’re trying to get those 30 day late payments, 60, 90 days to be removed and have that account still be on there. So it’s still showing the positive information.
Michelle Kesil (02:11)
Hey everybody, welcome to the Real Estate Pros podcast. I’m your host, Michelle Kesil Today I’m joined by someone I’m looking forward to chatting with, Brianna Wenrich of Kaydem Credit Help, helping people repair their credit. So excited to have you here today, Brianna.
Brianna Wenrich (02:27)
Thank you for having me. very excited to be on and discuss a little bit more about our company with you guys.
Michelle Kesil (02:32)
Awesome, let’s dive in. So yeah, first off for those new to your world, can you share what your main focus is?
Brianna Wenrich (02:41)
Yeah, our main focus is helping clients and individuals repair their credit. know, it’s credit repair, that’s what we do. We dispute negative items on the client’s behalf to challenge them with the different credit repair laws and the different dispute tactics to get the best possible outcome, targeting the inaccuracies to try to get these items to be removed.
Michelle Kesil (03:02)
Awesome, and which markets do you operate in?
Brianna Wenrich (03:05)
We operate in a couple of different ones. Like our biggest one is obviously real estate. Another one is business funding. A lot of our clients, you know, try to do business funding afterwards or just applying for a mortgage or just a card in general. know, credit repair can help so many different people. It doesn’t have to be just applying for anything. It could just be that they want to clear up their credit and get that score a little bit higher.
Michelle Kesil (03:27)
Yeah, awesome. And so how does the process work?
Brianna Wenrich (03:30)
So what we do is basically we talk to the client, go over a little bit about what exactly is going on. Like, do you have a late payment? Do you have a collection? Charge off? Bankruptcy? What’s going on? What exactly is on your credit report? What’s hurting you? And then we go over the different programs like Cure at Kaydem Credit Help. Like we have a couple of different ones. It is a monthly membership. So we’re consistently hitting these items from all different sides, as well as you’re not trapped into a year long membership.
because it varies for everybody. We just had a client that had 10 different Department of Education. All of them were having late payments and we were able to get all of them off within three months, which is really great. And then what we do is we review the credit report, see what exactly is reporting on there, see what is negative, what is positive, see the inaccuracies, and then we go ahead and complete a plan on how to dispute these and attack them with the credit.
reporting agencies, so that’s Experian, Equifax, and TransUnion, doing the different credit pair laws and the different alternatives. So there are three different ways on We Dispute, which is online, letters, and then phone coaching. So we’re hitting them from all different sides.
Michelle Kesil (04:39)
you and how are you able to like find things to dispute like what are some of the typical errors or things that you are disputing?
Brianna Wenrich (05:37)
Yeah, so we review the credit report. So a lot of people sign up with a credit monitoring service. A lot of people use Fund and Grow credit monitoring service, Experian or MyFICO. We take a review of the entire credit report and we’ll go into the payment history, all the inaccuracies and what we’ll see is late payments, collections, charge-offs, bankruptcies, repossessions.
We’ll see what is negatively reporting through the account history and just the information that is on there. And then that’s how we target it with the credit bureaus.
Michelle Kesil (06:09)
And how do you work with investors specifically?
Brianna Wenrich (06:12)
We work with investors because a lot of investors go ahead and sign up with us because again, they’re trying to apply for something or they have maybe somebody that they know that is trying to apply for something. again, the biggest thing is that we go ahead and target these items on their credit report. So we’re setting them up for the best possible future. Credit is so different for everybody, but it is so important for everybody that wants to do anything.
in the future, know, like applying for a house or doing anything. The foundation is your credit report and one late payment could drop you 60 points. Your payment history is 30 % of what makes up your credit score. So we target those accounts so we can set them up for the best possible future.
Michelle Kesil (07:01)
Yeah, got you. And what would you say is like some of the main keys that, you know, allow your business to be able to help people the most.
Brianna Wenrich (07:15)
Honestly, transparency. There are a lot of companies out there, especially in the credit repair. Like credit repair gets such a bad rap because there’s so many people that use illegal tactics and don’t tell you exactly what is happening. For us, our biggest thing is transparency. We want to be completely honest with you. We want to explain exactly what we’re doing because it’s your credit. You should know what is happening on your file. So that is one thing that we’re always going to be transparent and honest.
as well as using an aggressive dispute tactic, hitting them from all different sides. A lot of the credit repair companies out there just use letter disputes, whereas in this day and age, the credit bureaus are using AI, they’re using different alternatives, you need to hit them from all different sides. So, you know, having those aggressive dispute tactics, that’s what’s going to get the best out.
Michelle Kesil (08:06)
Yeah, absolutely. And does this get rid of payments as well?
Brianna Wenrich (08:12)
Yeah, like honestly, we just had another client. So it really varies. So one thing is legally no credit repair company in the world can guarantee removal of items, increasing credit score or timeframe. But we just had a client that had one account with Capital One that had a 30 day late payment from a month ago, 60 day late payment from two years ago, and a 90 day late payment from about two years and three months, as well as an unpaid collection and a charge off.
Just within one month of disputes, we were able to get everything removed. So we’re targeting all like that late payment account. We’re trying to get those 30 day late payments, 60, 90 days to be removed and have that account still be on there. So it’s still showing the positive information.
Michelle Kesil (08:57)
Yeah, and does this affect like the amount of money that they pay for their credit card as well?
Brianna Wenrich (09:36)
It helps because with credit repair, when you go ahead and apply for something, it helps what you’re trying to get because those negative items help you get declined and a lower limit. So when you have those negative items removed, it helps with the applications as well as for credit repair, we’re getting those negative items to be removed. However, that doesn’t erase the debt that you have. That debt is still going to be yours.
Michelle Kesil (10:02)
caught you. And so are there any cases where someone would not ⁓ qualify or receive the dispute?
Brianna Wenrich (10:12)
So it’s not that they don’t qualify for a dispute. you can legally, you can dispute any account. However, it would be something that is negative. You can’t really dispute something that is positive. Or let’s say like for inquiries, they have to be fraudulent or unauthorized for you to dispute them. So like if you go ahead and dispute an account with capital one inquiry and it’s attached to an open account, that’s going to remove the account that you have on your credit report.
So you have to remove something that’s inaccurate or negative on your credit report. You can’t dispute something that is positive.
Michelle Kesil (10:46)
Got you. And what would you say are some of like the biggest wins you’ve helped people with?
Brianna Wenrich (10:53)
Honestly, my favorite story is that person that had 10 different Department of Education. We were able to get that removed within three months, which is really great. We’ve had actually a huge success with Department of Education. ⁓ One thing is late payments and collections. Those are one of the ones that we have the most success with, as well as we had somebody that had a bankruptcy that was five years and we were able to get all of them removed within five months. So, you know, it really is so different for everybody.
And people always ask me, is there ever a chance that it won’t get removed? And my answer is always, if you’re consistent and you are aggressive, it is very low chance that it’s never going to get removed. However, it just might take a little bit longer of a time. It’s kind of like working out where you have to build that foundation and work at it to try to get those items to be removed.
Michelle Kesil (11:45)
Yeah, absolutely. What advice would you give to someone that’s wanting to repair their credit?
Brianna Wenrich (11:51)
Honestly, keep your utilization under 30%. That’s going to really help with your credit score as well as continue to pay on time, showing that positive information that will definitely help out a really long way as well as a paid account is going to be a lot easier to dispute than an unpaid item. So definitely, you know, working to pay those down will definitely help your credit repair as well as credit scores.
Michelle Kesil (12:16)
And is there anything that you’re most focused right now on solving or scaling to next?
Brianna Wenrich (12:24)
Honestly, our biggest thing is to help people. That really is. We want to help you to get to your goal. That is the biggest part of credit repair as well as Kaydem as a company. Not only to help you, but to also educate the client as well. Because again, you should know what exactly is happening on your credit report because this is your financial future. This is your approvals. This is your next step in your future.
So having the knowledge behind it is what’s going to help you with that. always is to educate, be honest, and fix those credits.
Michelle Kesil (13:02)
Yeah, and do you have any recommendations for how someone can get more education?
Brianna Wenrich (13:47)
Yeah, I mean, they can always call us. We have a couple of different videos out there to educate a little bit more as well as we have a couple of different webinars. We have also have a blog too that you can always go onto our website and learn a little bit more. I would also just be careful as well. Some people out there do say things that aren’t correct. So you want to trust the company that you know.
that is going to set you in the right direction. Like credit sweep is not a thing. A lot of people use that as a marketing tool and a legal way to get all those items to be removed. That’s not accurate and they won’t be completely removed. So definitely use somebody that you trust.
Michelle Kesil (14:30)
Yeah, absolutely. Thank you so much for sharing all of that.
Brianna Wenrich (14:33)
Of course.
Michelle Kesil (14:34)
So before we begin to wrap up here, if someone wants to reach out, connect, more, where can people find you?
Brianna Wenrich (14:41)
⁓ 866-237-0013. They can go ahead and give us a call or they can go to our website, kaydemcredithelp.com and they would go to get started now and there is a bunch of our different programs. We have one program which is a basic credit restoration program. If you have three or less items on your credit report with that negative information that is on there as well as if you have four or more or fraudulent inquiries. It is all through that.
website.
Michelle Kesil (15:10)
Perfect, well, appreciate your time and your story. Thank you so much for being here.
Brianna Wenrich (15:14)
Thank you so much and I hope you have a great rest of day.
Michelle Kesil (15:16)
Likewise, and for those tuning into the show, if you got value, make sure you have subscribed. We have more conversations with operators who are building real businesses and we’ll see you on our next episode.
