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Money for nothing: He was paying a credit repair company, but says he wasn’t getting anything in return



A Paradise man, who was paying down a loan he hoped would help repair his credit years after he declared bankruptcy, says the company behind the arrangement was not following up on its promises to improve his financial situation.

Canada Credit now says the matter has been resolved with customer Doug Randell, after receiving inquiries from CBC News.

Randell had gone public and done an interview prior to the resolution.

He claimed Canada Credit told him that, if he signed up for its services, his credit score would increase by 90 per cent in six months.

To do that, he made payments on a loan to another company, even though he was never actually given any cash as part of that arrangement.

But he discovered his payments on the loan weren’t being reported to the national credit bureaus.

“You just pay money, and nothing [is] being done,” Randell said.

“You feel violated… it’s terrible. It makes you feel like you’re nothing, actually.”

Since CBC News started investigating this matter, Canada Credit’s legal department sent an email stating that there had been a development.

“Canada Credit would like to inform you that [the] matter with Douglas Randell has been resolved,” the email read.

“Credit Canada [sic] and the customer came up with [a] mutually acceptable resolution,” noting that the company had no further comment on this matter.

When CBC News contacted Randell about this resolution, he declined to comment.

Signing the contract

Randell, who’s originally from Englee on the Northern Peninsula, told CBC News in an earlier interview that he declared bankruptcy about four years ago.

While surfing social media last fall, he saw an ad for Canada Credit. Randell said he put in some of his information online, and the company called him right away.

“They told me what they would do, clean up my credit report, and they would give me a pre-paid, secured credit card that I could put whatever amount I want on this card to rebuild my credit,” he said.

As part of his contract with Canada Credit, Doug Randell agreed to pay $79 every two weeks for 16 months for a “micro-loan” from SkyCap Financial. (Bruce Tilley/CBC)

Randell paid a $199 set-up fee, and signed a contract to pay $79 biweekly for 16 months for a “micro-loan” from another company, the Kingston, Ont.-based SkyCap Financial, with an interest rate of 29.99 per cent.

The total amount of the loan, as detailed on Randell’s SkyCap contract, is $2,964.

But Randell didn’t get any money from that loan. According to his Canada Credit contract, it was being used to pay for “membership fees” with the company.

“The $79 biweekly, I didn’t know for sure what it was, but I didn’t really ask too many questions — I just thought it was a process that I had to go through,” Randell said. 

He said when he signed up, he was told his secured credit card was in the mail. 

When it didn’t show up, he said he called Canada Credit, and a representative told him it would cost another $150 to get that credit card — but he refused to pay any more money than he had already agreed to.

Getting the ‘runaround’

In January, Randell discovered his payments weren’t being reported to the national credit bureau Equifax. He again called Canada Credit, which he said steered him to SkyCap.

“It was just a runaround each time, every time I called,” he said.

“Then they told me not to call back anymore because I was harassing them.”

Randell said he asked Canada Credit what would happen if he stopped his payments, and was told that he’d be brought to a collections agency.

“They were sort of saying, ‘Well, you signed in, you’re signed in.’ Tough luck, pretty much,” he said.

Randell’s Canada Credit contract does state that he can cancel his membership with a written request, but that it won’t cancel his financing agreement with the third-party lender.

‘Improve your credit score’

The Calgary-based Canada Credit has been in the credit repair business for about a decade.

Canada Credit’s website says the company can “improve your credit score by introducing a healthy loan on your credit report.” (

Its website says clients can:

  • “Grow your credit score and repair your bad credit fast”;
  • “Improve your credit score by introducing a healthy loan on your credit report”; 
  • and “Get approved now!”

While it’s called Canada Credit, its website is — which is similar to or Credit Canada Debt Solutions, a not-for-profit credit counselling agency that claims to have helped people get out of debt for over 50 years.

Along with the micro-loan, Canada Credit’s program lists access to an app, a secured “Cat Platinum” credit card, and “live one-on-one premium support.”

The Cat Platinum credit card states it has a 100 per cent approval rate and no credit check.

Sheldon Wolf is listed as the president of Canada Credit on LinkedIn. (Facebook/Sheldon Wolf)

“Canada Credit cares, and our goal is to help people get the credit they deserve,” the company’s website states, noting that it offers the tools, direction, and support for customers to achieve their credit improvement goals. 

“Rotten things happen to good people. But we share the vision that nobody should be behind due to unforeseen financial hardship.”

According to LinkedIn, Canada Credit’s president is Sheldon Wolf.

Wolf’s personal website also lists ties to other credit repair companies, including Canada Credit Fix, Credit Slab, and Empire Citi Properties, a real estate company.

In addition to that list, Canada Credit’s office shares an address with several other companies, including Cat Platinum credit card; Omni Furniture; and Identity Lock, which is involved with identity theft protection.

Sheldon Wolf’s personal website lists multiple businesses, including Canada Credit Fix, Credit Slab, and NuLife Credit. (

Wolf did not reply to requests for comment that were sent to his personal website or through social media. Canada Credit’s legal department later asked CBC News to solely contact them.

When CBC News initally spoke with a representative from Canada Credit’s legal department, the person refused to identify herself over the phone. She said the company would conduct an internal investigation into the matter.

SkyCap responds

SkyCap Financial declined to do an interview, but its legal department sent a statement to CBC News.

SkyCap Financial said it has helped tens of thousands of individuals get access to personal loans and financing. (

The company said, since 2013, it has helped tens of thousands of individuals who aren’t able to get services from traditional banks to gain access to personal loans and financing.

SkyCap said it is solely a lending business, with no other products or services. 

It said it can’t comment on a customer’s complaints dealing with products or services offered by another company.

No jurisdiction for Service NL

Service NL Minister Sherry Gambin-Walsh was not available for an interview, but her department issued a statement.

It says a number of businesses in Newfoundland and Labrador offer debt consolidation and support services for residents who need help to re-establish credit after personal or business bankruptcy.

But Service NL notes that since Canada Credit is not licensed in this province, the government doesn’t have jurisdiction over its operations or advertising practices. 

The province says it also doesn’t have control over the advertising that consumers may find online.

“This is why it is important for consumers to know as much as possible about the companies they are dealing with before they enter into business with them,” the statement reads.

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Credit Repair Companies

Nick Proffer Fighting Credit Bureaus the Right Way |



WEST HOLLYWOOD, CA / ACCESSWIRE / October 22, 2020 / Good credit is a must-have for anyone who desires financial freedom, and Nick Proffer is working overtime to ensure that everyone gets a perfect credit score. Through his company, ClearMe Credit LLC, Nick Proffer offers credit restoration services by taking on credit bureaus and collection companies. Many people with bad credit have bad credit because of errors from credit bureaus and collection companies. By tackling the problem from the root, Nick Proffer can help his clients boost their credit scores and put them in a good position to get approved for loans and mortgages.

Nick Proffer runs two online businesses, and both businesses were built to solve problems. As a 28-year old entrepreneur, financial freedom is one of the things he is passionate about as well as helping people get the opportunity to travel through his free travel tips. He also has an affiliate partnership with a well-known internet entrepreneur, Tai Lopez. He helps upcoming entrepreneurs start their online business and set up their online marketing, e-commerce, and affiliate marketers.

His motivation to start a credit repair company comes from when he was in a similar situation himself. He got his first credit card, and through reckless spending, his credit score got ruined. He found himself in a terrible situation to the point that he was homeless for a while alongside his girlfriend at the time. This spurred him to start researching ways to fix his credit situation so he could get approved for an apartment. He attended a mastermind event called “Tribe of Buyers,” where he helped a friend remove negative items from his credit report. He was able to boost his friend’s score, and then he started receiving calls from other people who wanted to remove negative items from their reports. The workload became so much that he had to buy some software tools and outsourced the service fulfillment to a third-party company. He has since been able to travel all over the world utilizing credit rewards.

He turned credit restoration into a full-time job, and he kept learning from his mentors. He is working on establishing a full digital team that will be handling all the work and operate his company to the point that it can make $30,000 or more monthly. His ultimate goal is to inspire everyone to take control of their finances, leverage credit to build wealth and travel for free.

He’s also planning to start a YouTube channel where he can amplify his message and give free tips that people can make use of. Nick Proffer is a huge proponent of freedom both financially and generally in life. Nick Proffer learned everything on his own, applied the tips he learned, made mistakes, spent years practicing them till he became an expert. He also spent thousands of dollars on masterminds, courses, and mentorship programs.

Everyone and every business should be in a position to build and fix their credit so they can get access to financing and ultimately live a life of freedom. With Nick Proffer, the dream only just got closer to becoming a reality.

Learn more on his Instagram page.
Company: ClearMe Credit LLC
Phone Number: 7196715032

SOURCE: ClearMe Credit LLC

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Other Auto Loan Possibilities if You Can’t Find a Cosigner



Many auto lenders ask bad credit borrowers to have a cosigner, but not everyone has that type of advantage. Even if you find a cosigner, it’s not a 100% guarantee that you can drive away with a car. Luckily, there are other bad credit auto loan options for you to explore, and ways to improve your credit for when you’re ready to apply.

Get a Car Loan Without a Cosigner

If you’ve been asked to bring a cosigner when you apply for a car loan, it likely means you have a lower credit score. Cosigners help borrowers get approved for auto loans because they lend you their good credit rating, and lower your risk of default.

However, if you can’t find a cosigner, you’re not alone. Having a cosigner means finding someone that’s willing to put their good credit score on the line, and someone that has enough disposable income to qualify as a cosigner. Without a good credit score or enough income, a cosigner is no good and doesn’t improve your approval odds.

If you’re getting turned away for a car loan because you have a lower credit score and can’t find a cosigner, consider these three possibilities.

1. Give Yourself Some Time to Heal!

This may not be what you want to hear, but if your credit score is suffering and you can’t get approved for new credit, you could take some time to repair it.

Building a good credit score can be hard if you’ve never borrowed before, and it’s hard to get approved for new credit in the first place if your credit score is low. The solution? Smart credit building strategies, such as:

  • Pay down your credit cards – Your credit utilization ratio is a large part of your credit score, and it compares how much you owe on your credit cards vs. how much you’re allowed to borrow. If your credit cards are over 30% of their spending limit (or maxed out), then it’s hurting your credit. Pay down your credit cards as much as you can, and then check your credit in a month, since lenders usually report once a month. You can request your credit reports for free at
  • Consider a secured credit card – Secured credit cards are usually pretty easy to get into, because they’re secured with your own cash. To get a secured credit card, you have to provide a deposit. The size of your deposit is usually the spending limit on the card. If you close the account while there’s still a balance, your deposit covers the amount, so there’s not much risk for the lender, making them much easier to get approved for over traditional credit cards. While you have to pay a deposit, these cards are reported like traditional credit cards so they can help build your credit history.
  • Become an authorized user – An authorized user is someone that’s allowed to use someone else’s revolving credit (credit card). If you were to become an authorized user, you typically get your own credit card that’s linked to the primary borrower’s account. Any activity done on the credit card is reported on your credit reports. This can be a great way to build your credit score if you can’t get approved for credit on your own, but you need someone to agree to it.
  • Review your credit reports – Mistakes on your credit reports can cause a lower credit score, so it’s worth it to review them and make sure everything is shipshape. If you find a mistake on your reports, you can dispute it and have it corrected. All three major credit reporting agencies allow you to submit disputes online. If you find multiple errors and you’re not sure where to start, you use a credit repair company that can dispute accounts for you, for a fee.

Regardless if you choose to wait until your credit score is the highest you can get it, you can still use these credit building tips usually anytime. Additionally, one of the best things you can do for your credit score is making all of your payments on time. Avoid getting any accounts sent to collections and getting late or missed payments on your credit reports that sour your credit score.

If you needed a vehicle yesterday, though, then consider the next two bad credit auto loan options.

2. Buy Here Pay Here Dealerships

Other Car Loan Possibilities if You Can’t Find a CosignerBuy here pay here (BHPH) dealerships are a one-stop-shop for many bad credit borrowers. The thing that makes these dealers unique is that they utilize in-house financing, where the dealership is also your lender.

In-house financing means there’s usually no credit check, which draws many bad credit buyers to these used car lots. If you can’t find a cosigner and you’re having issues getting approved by traditional lenders, then in-house financing may be for you because a lower credit score isn’t likely to stand in your way of an auto loan approval.

BHPH dealers require a down payment, sometimes around 20% of the vehicle’s selling price. With in-house financing, interest rates tend to be higher than average. However, the large down payment requirement and a higher interest rate could be seen as the trade-offs for getting into a car loan without the credit check.

However, since the BHPH dealerships don’t generally check credit reports, their loans may not be reported to the major credit bureaus, either. This means your auto loan wouldn’t be helping to boost your lower credit score. To improve your credit score, you’d have to use other credit building strategies. But if you need a vehicle quickly and don’t have time for credit repair, then a BHPH dealer may be just what you need in the meantime.

3. Subprime Auto Loans

Where traditional car lenders typically ask their borrowers to bring a cosigner if their credit score is below their credit score requirements, subprime lenders assist borrowers with credit issues. Subprime lenders are third-party lenders who are signed up with special finance dealerships.

Subprime auto loans are reported, meaning that your timely payments can rebuild your credit score – two birds with one stone (or car loan, rather).

There are many reasons why a borrower may have less than stellar credit, so when you apply with a subprime lender, they examine the many parts of your financial health alongside your credit score. This typically means requiring that you meet a certain income level, have had a stable residency and work history, have a down payment, and a few other things that prove you’re ready to take on an auto loan.

Subprime lenders are typically more concerned about your overall stability, ability, and willingness to pay for a vehicle rather than your low credit score. If you want to repair your credit and get the car you need, then subprime financing could be your next step.

Not Sure Where to Start Car Shopping?

Looking for the right lender or dealer can be stressful, and even more so when your credit score isn’t great. If you can’t find a cosigner to give you a credit boost, you don’t have to go it alone! Here at Auto Credit Express, we’ve made it easier to get the connections you need.

We’ve gathered a nationwide network of dealerships that work with bad credit, no credit, and even bankruptcy. To get matched to a dealer in your area for free, complete our auto loan request form.

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Startup Launches Virtual Live DJs Painting Classes During the Global Pandemic



Paint and Sip Live, a New York-based company offers online wine-and-paint classes each week with professional instructors, live DJs, and a party atmosphere.

Although 2020 has been a tough year for some entrepreneurs, others have spotted opportunities.

In June 2020, three New York entrepreneurs teamed up to launch Paint and Sip LIVE, a Startup that offers virtual painting classes with live DJs, the only of its kind.

Faced with the global pandemic, Mike Wills, Jr., Constance McLeod-Wills, and Sharon Urena understood that people crave meaningful social interactions. The trio set out to develop an activity that enriches people’s lives while keeping them safe at home, socially distancing.

What’s the difference between Paint and Sip LIVE and other online art classes?

Other online painting classes teach you how to paint, but Paint and Sip LIVE teaches you how to paint in a party-like atmosphere featuring live music and a professional DJ.

While most painting classes tend to operate in a quiet and studious atmosphere,  Paint and Sip LIVE brings home the party. Classes feature step-by-step painting instructions of a photographed scenery and are led by a professional artist while a live DJ plays the hottest tunes. Each week, the company hosts theme nights such as Caribbean Fridays, R&B Sundays, and HipHop Saturdays. Even Halloween paint parties!

Paint and slip Event
Paint and slip Upcoming Events includes two Halloween parties.

Wills, an experienced entrepreneur who has launched and exited multiple startups, knew there was potential:

“The mix between an activity, like painting, and music has been a winning combination for Paint and Sip LIVE,” said Wills to The Scope Weekly. “Some of our guests are looking for a date night. Others are looking for a productive activity with kids or friends. We host a party while teaching genuine painting skills.”

Urena, a professional painter, welcomed the opportunity to share her knowledge.

“For me, it’s so much more than a business. It’s an opportunity to help people who may never have picked up a paintbrush to develop a creative mind,” said Urena.

About the team

Mike Wills and Constance McLeod-Wills, a husband-wife team, bring very different skills to the table. Over the last decade, Mike Wills, Jr. co-founded three New York City cleaning services, growing the businesses to earn $3+ million per year in revenue. He also co-founded a credit repair service that was once the fastest-growing credit repair company in the country, with revenue rising 500% in four months.  McLeod-Wills brings her years of project management experience for the City of New York to the table.

Sharon Urena is an accomplished designer serving as the Art Director of Paint and Sip Live, using her experience from the Parsons School of Design to guide and inspire the participants.

McLeod-Wills said, “Most of our attendees have zero or limited painting experience. They’re looking for a fun and productive night for birthdays, family events, and date nights.”

Photo credits:
Sip and Paint Live.

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