Earn $100,000 – No Money Required Ways to Save for Your Retirement

Earning money for retirement isn’t easy, as anyone can tell you. According to most economists, if you want to live comfortably through your retirement years, you need to start saving pretty much the moment you leave high school, if not sooner. And you need to save consistently. And if you want to put away more money than a small fraction of your weekly salary, you need to have money to invest – or do you? You can earn $100,000 – no money required – in at least one credit-based passive income opportunity. What do you need to do to qualify for this unique passive income opportunity to earn $100,000? No money required – just great credit. Here’s the requirements to be considered for the opportunity.

Credit History

For starters, you need a solid credit history. That means that your oldest active credit account should be at least 10 years old. More well-aged credit accounts will just make your credit history all the more attractive.

Why? People with longer credit histories get higher credit scores because they have established that they can handle credit responsibly over a long period of time.

Credit Activity

You should have at least three open revolving credit accounts, whether they be home equity loans, credit cards or store credit accounts. Each account should have a credit limit of at least $10,000, and you should have at least 50 percent of the credit capacity remaining on each account.

Why? Again, this is a credit score thing. Credit bureaus assign you a score based on how well you fit a particular profile. People who have the best record of paying their bills on time are those who generally keep about half of their available credit unused.

Credit Worthiness

You’ve probably guessed by now that you need great credit to take advantage of the best opportunities to earn $100,000, no money required. In fact, if you want to be considered for this opportunity, you’ll need a credit score of 750 or better with each of the three major credit bureaus.  In addition, your credit history should show no late payments and no missed payments, no outstanding tax liens against you and no lawsuits. There should be no charged-off accounts, and absolutely no collection activity. In short, you’ll need a squeaky clean credit record and credit history to qualify for this opportunity to earn $100,000, no money required to buy in or ever.