Wasn't aware that Slimming World themselves credit checked you - providing you can up the money at the start - they don't mind how you get it (i've heard of people taking loans, selling on ebay, all sorts to raise the money).
I enquired about being a consultant to start next year ish when I'm a bit smaller and I got a phone call today inviting me' to the open day at a local hotel.
I don't know how much it is to start up my own class but if it's a couple of grand instead of a loan I am selling my car and down grading it, also getting bigger so I can fit things in it.
My open day isn't until nov 6th so who knows what might happen. I'm excited.
Regarding credit checks- I have no idea what they do as they get the bank natwest to provide the loan if you wish on a special slimming world loan so it might not be as vigilant. Give it a go and all you can do is try. Let us know how you get on. Xx
Thank You! Not sure if january would be too soon to open a class as the open day is only in nov. Will have to wait and see but the lady i spoke with was so nice and cheerful. Im excited about whats to come!
The credit check is not to do with the franchise fee but the group fees. If you did require finance, from say a bank, the bank would also credit check you. The reason SW do a check is, as a Consultant you will be responsible for all the money from the group session, so they deem it necessary to check that your credit file is good. SW will take their money out of your nominated bank account on a weekly basis.
It may also be because, as well as group takings they are intrusting you with stock and equipment.
Thanks, I do understand that just feel that it is very wrong they take ur credit into account, u could have bad credit for very good reasons and just because ur credit is bad does not mean u r a dishonest person.
Guess its just a waiting game now to see if it will affect me. X
yeah your area manager will let you know what days are free to do in or around your area!! For example there are several groups in my area but none on a tuesday so I will be opening mine on tuesdays! xx