Figured it made most sense to post the most recent Credit Star Funding webinar with CEO Riccardo Ferrari.
Thanks for stopping by to read my Credit Star Funding Review!
These lending companies have become popular with lots of network and affiliate marketers and for good reason.
Most people looking to start a business simply don’t have the money to begin.
I can’t tell you how many people send me emails about wanting to invest but they are broke.
Funny thing is that many of these people work full time jobs, have a home and family but nothing extra to invest into a business.
Most of their check goes straight to bills and living expenses to carry a household.
So how can we fix this problem and which company should you choose to get a loan and fix your credit if need be?
Problem with many lending companies they are looking to fill their own pockets with commissions not yours.
So Is Credit Star Funding Different?
Back in August of 2019 I came across Credit Star Funding but wasn’t entirely sure who owned the company or how it all worked.
So I decided to take a look at the company, product and the compensation plan to see how it all worked.
Many blogs out there will trash talk companies so they can get more leads and promote their own business opportunity.
I’m not going to do that.
I have personally been watching the company over the past 2 months and now I’m reporting back to the field.
If you want the truth behind Credit Star Funding and Riccardo Ferrari (CEO of CSF) you’ve come to the right place.
Credit Star Funding Review
First lets look over the company and see what we can find out.
The CEO of Credit Star Funding is Riccardo Ferrari and he’s out of California.
Riccardo has an extensive background in network marketing and marketing in general.
First thing I did notice at Riccardo’s blog was Jeffery Combs gave him a very positive review.
Jeffrey Combs actually talks about Riccardo being mentored by Mark Hughes (founder of Herbalife) in his video.
That in itself gives Riccardo huge credibility.
Mark Hughes is no doubt an Icon in network marketing and anyone who’s had the chance to be mentored by him are pretty lucky.
If you look at all the top network marketing companies Mark Hughes is absolutely top 5 CEO and owners all time in my personal opinion.
The guy was just a legend.
Jeffery Combs is also a top marketing coach that many successful business owners have hired over the years.
He’s internationally known and I’ll personally vouch for this as well.
I’ve been on many calls where the very best business leaders in the world would have Jeffery on to train.
When you have someone like Jeffery basically give an A+ rating you best believe they are the real deal and 100% legit.
Riccardo goes by the moto there’s nothing you can’t overcome and nothing you can’t achieve.
Here Is a Screenshot From Riccardo’s Personal Blog:
Riccardo BitClub Network
Then I spoke to a few people who know Riccardo and they were telling me he was in BitClub Network.
If you’re not familiar BitClub was completely legit.
They sold real mining machines and also mined bitcoin.
What happened with BitClub when Bitcoin exploded to $19,000 everyone was getting rich then it collapsed to $3200 and many people lost money.
Always remember something “People don’t blame the market, they blame their upline.”
So of course there were people who lost money when the market crashed and they blamed people like Riccardo when in fact it had nothing to do with him.
I was relatively new to cryptocurrency when that all happened but I know what happened from a marketing standpoint.
Investing in anything comes with some risk that’s just a fact of life.
BitClub Network was not a Ponzi it just become unprofitable which was unfortunate for the company and it’s distributors.
They had servers and mining in Iceland however when mining was no longer profitable it was no longer sustainable for MLM.
Most Operations Went Into The Red
Don’t quote me on this but I’m pretty sure BitClub Network is doing some sort of Auto Trading now.
You’ll have to do your own research on that one.
On the other hand companies like USI Tech and Bitconnect did Billions in business when bitcoin ran to 19k and they were 100% Ponzi Scams.
There were NO mining operations, nothing was being sold they were just profiting off people investing in an idea.
Now what I’m not 100% about is how long Riccardo was working on CSF and it’s something I’d have to ask him.
BitClub Network was on it’s last legs latter part of 2018 and that’s really when Credit Star Funding came into existence (at least the domain itself).
Remember I never knew Riccardo previous and we never spoke until I reached out on email.
Reaching Out To Riccardo Ferrari
Actually he reached out to me first after reading my first Credit Star Funding review.
He was just explaining some of the changes and how I had a few things wrong on my post.
Listen I’m not God and I never said I was and it’s very possible I’m not right all the time.
Most times I’m looking at brand new companies and 9 times out of 10 there isn’t much to go off of.
That is why I update certain blog posts and am always willing to work with company owners to make the necessary changes.
I’m here to give you the truth and not just a BS review to turn you onto what I’m selling.
Every so often I have to review a company that is absolutely a scam and those people NEVER reach out to me.
Because most times you don’t even know who they are and there is ZERO transparency on the company website.
Credit Star Funding is completely transparent unlike many startups.
Here Is “creditstarfunding.com” Domain Info:
What Is Credit Star Funding?
It’s a pretty simple business model and to a business owner it makes complete sense.
Simply put the company gives out business loans to people with decent credit.
Some would argue that Credit Star Funding is getting you these loans so they can sell you business opportunities on the backend.
Okay so what’s the problem with that?
In short there isn’t one
Remember I mentioned at the very beginning most people want to start a business but don’t have money.
Wouldn’t that make sense to use your good credit to get a loan and use the credit to grow your wealth?
I’m not sure why someone would think that’s a problem.
People taking these loans can do whatever they like with the money but the reality is this.
Most people don’t know what to do and Credit Star Funding has a step-by-step blueprint that shows them.
If you are able to get a loan through CSF it’s up to you how you want to spend that money.
Nobody is forcing you to invest with CSF however it’s an option.
I watched many webinars with Riccardo and Credit Star Funding and the business model is 100% transparent and legit.
For most people in fact it’s really a blessing because they can get the seed money and grow a good business.
Most never do anything because money gets in the way basically because they don’t have any.
Credit Star Funding – How it Works
First Riccardo gives a bit of history on why people have money and why most people don’t.
He starts most of his webinars this way and it only makes sense.
Most people believe it or not have very little financial knowledge.
You can be a Doctor or a Lawyer or someone with a very high IQ and they have no idea how money works.
Everything Riccardo had to say about money in general he is spot on.
Riccardo went on to talk about debt and why it’s holding people back.
Riccardo talks about debt and how Credit Star funding can get you back on track.
They have someone in Equifax who has all kinds of connections and knows how to fix credit scores legally.
It’s actually something I’ve jotted down in my notes and will ask him personally about.
He did mention this in one of his webinars and I’d like to find out a bit more.
He goes on to talk about credit and how you can use it to get loans and make your money grow.
Grow Your Money – Isn’t That A Thought
The next slide he talks about the Customer / Agent Application.
They have an ‘Application Deployment System’ where the person going for the loan goes through.
Basically you would fill out an application with Credit Star Funding.
After they run your information accepted with the banks and you can take out a loan you are given some options.
As you can see Riccardo gives and example if you were able to acquire $100,000 in funding.
Option A basically talks about paying off your loan fees, credit repair, keeping a little bit set aside and growing your money on your own.
Option B talks about doing all of the latter but letting Credit Star Funding grow your money for you.
Here is an example of how someone would use the $50,000 to invest with Credit Star Funding.
I will come back to this in just a bit.
Let’s take a look at the Credit Star Funding compensation plan.
Credit Star Funding Compensation Plan
Affiliates earn referral commissions two levels deep paid on recruited affiliate loans.
- Level 1 – 2.5% on loans by personally recruited affiliates
- level 2 – 1% on loans obtained by any affiliates your level 1 affiliates recruit
Remember they are able to pay out these affiliate commissions with their ‘Application Deployment System’ which I spoke about earlier.
Seeing it only pays out on 2 levels you can’t categorize CSF as an MLM because it’s not.
Cost To Start The Process?
There is a $199 commitment fee charged to each client per application.
If you are approved there is a 22% loan generation fee which will be invoiced to you after the loan is funded to you.
Interest rates vary on loans depending on your credit history and what your actual score is.
They seem to run anywhere from 9% to 18% from what was mentioned on the webinar.
NOTE: If someone already has a high credit score and can get a 100k plus loan they can jump right into Plan B if that’s what they want.
Credit Star Bottom Line
When I first started to look at Credit Star Funding it was a bit overwhelming but realistically it’s a very simple business model.
And I do want to point out I AM NOT a financial advisor and I’m not here to give you financial advice.
Whenever you take out a loan there is always a reason whether you’re paying off some buyings something, paying off bills or investing.
Whether you are taking out $1000 or $100,000 make sure you are consulting with the right people whether it be licensed financial advisors.
CSF has a team in place and they will help you step by step.
Credit Star Funding – Legit or Scam?
Credit Star Funding is working with real banks, real loans and the CEO Riccardo Ferrari is a real person.
So I can tell you with 100% certainty that CSF is a legit company and this is not a scam in any way, shape or form.
Ricarrdo is very transparent about the loan process and the different ways you can make your money work for you.
After your application is accepted and you get the loan you’re going to get on the phone and discuss your options with trained professionals.
For example Cloud Token is just one of the options you are able to invest some of your money with if you’d like.
I’ve done a full review on Cloud Token and it’s a great project that’s done very well globally.
Some would argue that Cloud is not a good company because they weren’t completely transparent about who owned the company.
People who are tech clueless and probably zero business success are the first to point fingers.
Cryptocurrency is still new and the tech coming out is truly amazing.
I’m not even going to say it may be one of the greatest opportunities to grow your wealth right now because it’s a fact.
Looks like Credit Star Funding is very well aware and showing people how to capitalize.
You may not see the big picture yet but there are people who do.
Now we have brand new companies like EXXA Network with great tech and complete transparency next level sort of stuff.
I have been in business since 2002 and Credit Star Funding looks like a game changer for sure.
Almost every single day I see people hurting financially and it really sucks when they can’t do anything because of their money situation.
If you need help getting a loan, fixing your credit or putting together a strategy to fix your financial well being I would get with CSF they can definitely help you.
Hope you enjoyed my Credit Star Funding Review if you have any comments, questions or concerns feel free to leave in the comments below.
Ready To Take Your Business To The Next Level?
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