Credit Star Funding Review – Legit Or Scam?

Credit Star Funding ReviewHas someone approached you lately about joining Credit Star Funding?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with Credit Star Funding.

I simply wanted to gather all the details here for you in my Credit Star Funding Review so you can make an informed decision.

Is Credit Star Funding truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of Credit Star Funding.

Let’s get going!

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What The Heck Is Credit Star Funding?

In the case of Credit Star Funding, this is an MLM company that is owned and managed by Riccardo Ferrari. Ferrari is the company’s CEO, and according to the website, he is running Credit Star Funding out of somewhere in California in the United States.

As for the main goal of Credit Star Funding, the main draw is that it wants to help affiliates get funded. From there, after an affiliate has funding, they’re then tasked with investing that loan in “non-collateral funding and Artificial Intelligence income systems.”

Before he got started with Credit Star Funding, Ferrari spent his time doing some promotion for BitClub Network. During that time, it was reported that Ferrari was making as much as $150,000 every single week by recruiting folks into BitClub Network.

Yeah, that’s a heap of money.

BitClub Network started shutting down earlier this year in 2019, and from there, Ferrari went on to launch Credit Star Funding.

Credit Star Funding Scam

What Can You Tell Me About The Credit Star Funding Products?

As for the product/service Credit Star Funding is offering, the main draw to the company are loans that range between $50,000 and $250,000.

Once affiliates get these loans, Ferrari then encourages them to invest it into recommended ventures.

The loans are marketed and pushed at people that have low credit scores, with there being three tiers of loans based on your score — Funding, Funding Then More With Credit Repair, and Credit Repair First.

Per Ferrari:

“One of the reasons of our success is we have a patented software.

We are connected to large networks of banks. There are 6400 banks in America. Six to seven thousand banks.

But you cannot file an application with too many banks at the same time, because it’ll crash your credit score.

We can take your application and put it through, say um, maybe ten banks, fifteen, sometimes even twenty, until we find one, maybe two or three, that are willing to give you money. Right?

So that’s how we fund people that maybe can only qualify for $10,000.

We can get it out of five different banks. There’s the $50,000.”

For people with particularly bad credit scores, the idea is that you’ll get an initial loan, use that to build your score up, and then get another loan once you rebuild your credit and put that loan into another investment.

Here’s some further explanation from the Credit Star Funding website:

“To start the process, there is a $​199 ​commitment fee charged to each client per application. It will be invoiced on the first unsecured loan or credit line if you are approved.

A loan generation fee of 22% will be invoiced to you after the loan is funded to you. This is considered a low fee for non-collateral, signature-only loans.

The interest rates are standard rates for non-collateral, non-recourse loans. May vary from 9% to 18% or higher depending on your credit conditions.

What Can You Tell Me About The Credit Star Funding Compensation Plan?

In regards to how this benefits you other that building up your credit score, Credit Star Funding offers referral commissions when existing affiliates recruit other people into the company.

Personally recruited members come with a commission rate of 2.5%, whereas Level 2 recruits pay just 1%.

The investment opportunities you’re asked to put the loans into revolve around bitcoin and other crypto opportunities, meaning they come with a fair amount of risk.

Are There Membership Fees For Credit Star Funding?

If you want to join Credit Star Funding, you can get started by going to its website and applying for a loan.

Is Credit Star Funding A Scam?

If you’ve come across a review that says Credit Star Funding is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about Credit Star Funding? Is it really a scam, or is it legit?

I would say no. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About Credit Star Funding?

Credit Star Funding is quite a bit different from other companies I’ve reviewed. Rather than being a traditional MLM opportunity, the company is based around offering loans to people to help them build up their credit. On top of that, there’s a level of MLM with referral commissions for recruiting other people into the company.

It’s a unique idea, to say the least, but I would recommend approaching Credit Star Funding with some caution.

Ferrari’s history in the MLM space isn’t the greatest, and when you read into the terms and conditions of Credit Star Funding, it’s possible you could do more harm than good to your financial freedom goals.

There are a lot of companies out there that will help you rebuild your credit, so if you aren’t sold on what you’re seeing with Credit Star Funding, I’d recommend checking out other options to see what would be the best fit for you.

I hope that you are able to use my research in my Credit Star Funding Review to make a decision.

If you do decide to become an affiliate with Credit Star Funding, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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