Credit Secrets Book Review: Can You Erase Bad Credit History? (2024)

Business credit coaching clients come to me often with a fundamental dilemma — they need to repair their personal credit before they can obtain high business credit limits. While I do teach how to obtain business credit without personal guarantees, clearing up personal credit can be a massive weight off your shoulders and opens you to a world of options. The Credit Secrets book by Scott and Alison Hilton claims to have all the answers. But, does it really?

I’ve read the book, I’m a member of the Credit Secrets Facebook group, and my career was built on credit consciousness. Here’s my honest and straightforward review of the program.

This is what I’ll cover:

• What is Credit Secrets All About?
  • Here’s What Readers Have Had to Say
• What Questions Does the Book Answer?
  • What Will You Learn About Consumer Protection Laws?
    • How Much is the Credit Secrets Book?
  • What are the Free, Added Bonuses?
  • The Facebook Group
  • +The Money-Back Guarantee
• Credit Secrets Automator Software
• Frequently Asked Questions
• Final Thoughts

Now, learn what you’ll get if you take advantage of the offer.

What is Credit Secrets All About?

Credit Secrets (yes, I’m referring to the book that was featured on Larry King) is nine chapters of advanced credit hacks.

1. Getting Started
2. Getting Inaccurate / Incomplete / Unfair / Unverifiable Items Removed
3. Advanced Tactics
4. Lawsuits
5. ChexSystem Removals
6. Student Loans, Repossession, and HIPAA
7. Advanced Credit Techniques
8. Frequently Asked Questions
9. Statute of Limitations Chart

In the end, the book includes a glossary of credit terms used in the text.

Consumer credit reports are filled with errors that often go overlooked. But, if you know what to look for, you can leverage these errors to your advantage; this is the premise of the book. In a sense, you can erase bad credit history with the knowledge you unearth after reading the Credit Secrets book.

In a nutshell, you will learn to make it seem as if credit bureaus will have an easier experience removing negative items from your credit report than leaving them there. And, you will learn what to do and what not to do.

Here’s What Readers Have Had to Say

When you visit Credit Secrets’ website, you see a ton of reader reviews, all touting the system as a lifesaver. But, what will you find when you poke around other corners of the web?

Redditors are mostly wary of the platform… however, those naysayers seem to be people who haven’t actually purchased the book and additions. Those who have used the system, say that it helped them increase their credit score.

Credit secrets reviews

One reader even got their score up to 850, which is about as good as it gets.

On Goodreads, Credit Secrets has a 4-star rating, with primarily rave reviews. Readers are saying that they got their FICO score up to 730, 779, and the “high 700s.” One “score counselor” attests that he shares the book and system with his clients all the time.

All-in-all, people who actually read the book and work the system are completely satisfied with Credit Secrets’ offer.

What Questions Does the Book Answer?

This book is a step-by-step guide for rebuilding credit, even in the most complicated scenarios. If you seek answers to questions like the following, you’ll find them in Credit Secrets.

• What is the best way to deal with defaulted loans and vehicle repossession?
• What can I do to recover from bankruptcy or foreclosure?
• Can I remove liens and judgments from my credit report?
• How do I file a credit dispute and what can be disputed?
• What is the fastest way to rebuild bad credit?
• How can I get out of ChexSystems?
• How can I raise my credit score?
• How long does it take to rebuild credit history?
• What do I need to know about consumer protection laws?

And, they’re not just general answers that you can already find online. Most chapters include step-by-step tutorials, including common legal loopholes, as well as letter templates to send to creditors and credit bureaus.

What Will You Learn About Consumer Protection Laws?

Now, what really sets this book apart from other personal credit repair offers is that it lays out the steps you can take to file small claims lawsuits against creditors, credit bureaus, and collection agencies. The authors share 17 common reasons that you could legally take these parties to court, which laws you should understand to identify if you’ve been wronged, and the dollar amount of damages (fines) you could be able to collect in court.

For example, credit bureaus are required to respond to certain consumer communications within a set amount of time. Creditors have caused injury if they report inaccurate information. Collection agencies must abide by strict laws that they often do not follow. Once you know your rights, you may find that certain negative aspects of your credit report are legally invalid.

In addition, the book includes courtroom tips that can better your chances of success. These tips are followed by real-life examples of lawsuits won by consumers, both anecdotal from Credit Secrets members and legal citations for specific cases. Finally, you will learn how to find a registered agent and when you must hire legal counsel.

*Keep in mind that the authors of this book are not attorneys. You should always seek professional counsel when seeking legal advice.

Still, what you learn by implementing the guidance shared in the Credit Secrets book can have a major positive impact on your financial health and personal credit scores; this book has all the information you need to see amazing results. In fact, it is better than many credit repair services, as long as you’re willing to put in the work.

What are the Free, Added Bonuses?

Bonuses like guaranteed $1,500 lines of credit and how to obtain business credit can be found in your member dashboard upon purchase. So, even if you manage to find a copy of the Credit Secrets book free or at a discount, you’ll probably want to pay for a membership to access the most valuable tips and tricks.

And, that’s not all — to understand the value of the offer, learn what else you get when you purchase the book.

As of today, if you purchase Credit secrets, you will get the following:

• Credit Secrets Guide to Business Credit
• Credit Secrets Quickstart Guide
• Secret Money Method
• Shipping Discount
• *Two-week access to Smart Money Club

You’ll get a guaranteed credit referral, business credit and quickstart guides, a shipping upgrade, and two weeks’ access to the Smart Money Club online member portal as gifts.

I expect that the bonus products will continue to change with market demand and as the core offer evolves over time.

The Credit Secrets Facebook Group

For around $20 per month, members can join and access the Credit Secrets private Facebook group, which is great. Not only does the moderator regularly share insights, but the community is responsive.

How can I get an 800 credit score in 3 months?

The Facebook group has 28K members who are happy to support one another on the credit repair journey. In my opinion, it’s always helpful to hear others’ experiences with situations similar to what you’re in.

+The Money-Back Guarantee

One thing I don’t expect to change is the refund policy, a 100% money-back guarantee. For any reason, if you return your book within 30 days, you will get your money back. And, if you meet certain criteria, you can get double your money back after three months.

1. Proof of purchase at least 90 days prior
2. Verified login to the online member’s area
3. Completion of the Jumpstart Training inside the member’s area
4. Receipt for three certified letters sent to a debt collection agency, creditor, or credit bureau requesting removal or update of erroneous information

If you can show all of these things, you can get a check for $79.90 via check or PayPal within a month.

Credit Secrets Automator Software

In addition to the book and bonuses, members can pay a little more for Credit Secrets’ “Automator software,” which is a PDF letter generator. This tool can be accessed from the user dashboard. What it does is generate letters that members can send to creditors, collection agencies, and credit bureaus to eliminate and minimize debts, hard inquiries, and other derogatory items on a credit report.

The platform doesn’t just generate single letters, but entire flows.

There are standard communication templates, and several bonus templates:

• Automotive Repossession
• Derogatory Marks
• Student Loans
• Charge Offs
• Inquiry Removals
• “Goodwill” (asking creditors to remove a negative mark on an existing, open account.
• Returned Mail
• 5-Day Reinsertion
• Alternative & Bizarre Marks
• HIPPA/Medical Issues
• Tax Liens
• Public Records
• Incomplete or Missing Info Fixes

The system is pretty robust, for those who don’t want to hand-write every single letter that they might need on their own.

Users seem to be happy with the platform, and have been known to rave about it online. One Redditor calls it the “Negative Account Destroyer.”

I did find at least a couple of other platforms with a similar offer to the Automator, but I haven’t had the chance to look into them very deeply yet. I did find that Dispute Suite charges $300 to $800 per month for a similar offer, which is much steeper than Credit Secrets’ pricing.

Frequently Asked Questions

Final Thoughts

The Credit Secrets book is an as-seen-on-TV product. Naturally, as with most of these offers, if you go fishing through Amazon, B&N, or eBay, it will be difficult to find a hard copy of the text, which might make you think it’s a scam. But, I assure you it’s not.

Furthermore, a used copy of the 2017 version of the book goes for upwards of $100 on Amazon. So, the $30-40 price tag you see on the branded website is pretty much a steal.

The book alone might be valued higher than the asking price. Especially with the added bonuses, this is definitely a worthwhile offer.

So, can you use the info from Credit Secrets to erase bad credit history? In some cases, you can. In all cases, you can use what you learn to take control of your personal credit.

While the tactics covered are legal, to my knowledge, I don’t recommend bending any of the included strategies without counsel from an attorney. Even so, I do recommend you check it out right away.

If you’re interested in learning how you can obtain up to $100K in business credit that won’t affect your personal credit, join Business Credit Workshop today.