I Have Bad Credit and Can't Get Appointed!

[sirherbie]

I have friends who have filed bankruptcy have no problems getting appointed.you're not going to get advanced off the bat till you prove yourself and I don't blame companies

 

[Bob_The_Insurance_Guy]

Make some payment arrangement(s) to get the debt cleared up.

He said that he didn't have the money to set up the arrangement. It's a catch 22.

 

[KidsGotHeart]

Someone else went through a similar situation on this forum. Maybe do a search and reach out to him, I can't for the life of me remember his name.

 

[GreenSky]

The way out is a part-time job even at minimum wage. It would allow for some sort of payment plan.

Many of us have had financial issues in the past. It's a bitch to get past them but there really is a brass ring at the end.

Rick

 

[KRobby]

Another option is trying another product line that won't be harsh on credit. You can get appointed to sell annuities. Make a few 100k and then see what you want to do. But you'll want some direct mail money to get started, maybe sell something for the investment.

 

[JimmyUt]

I have over $10k of bad debt and have declined from many FE Companies. Does anyone know of any FE companies who are a little more lenient with bad credit agents?? Help please!!

try Lincoln Heritage

 

[senior-advisor-indiana]

Another option is trying another product line that won't be harsh on credit. You can get appointed to sell annuities. Make a few 100k and then see what you want to do. But you'll want some direct mail money to get started, maybe sell something for the investment.

Why would you think annuities will be any easier to get contracted for?

 

[KRobby]

Why would you think annuities will be any easier to get contracted for?

It's probably because the chargebacks and advances etc associated with fe, but getting denied for annuities due to credit seems rare. Fixed and FIA only, where he won't need a securities license or broker/dealer association etc.

 

[Jerard]

try Lincoln Heritage

Good idea. All you have to do with them is be able to fog a mirror.

 

[Insuranceguyatl]

Another option is trying another product line that won't be harsh on credit. You can get appointed to sell annuities. Make a few 100k and then see what you want to do. But you'll want some direct mail money to get started, maybe sell something for the investment.

Good idea. Haven't tapped the annuity market yet.. Are you familiar with them?

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try Lincoln Heritage

Ok I will look into them now. Thanks!!

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Good idea. All you have to do with them is be able to fog a mirror.

I hope that's a good thing.. lol