Philip Tirone

Philip Tirone is an American self-help author, motivational speaker, businessman, and individual-rights advocate.

Career
7 Steps to a 720 Credit Score
In 2005, Tirone—then a mortgage broker—wrote a book 7 Steps to a 720 Credit Score, which was eventually published by Nightingale-Conant. In the self-help book, Tirone criticizes the credit-scoring industry as unfair to the consumer. Tirone argues that credit repair is a waste of time, and many times is illegal. Instead, he says consumers should focus on reestablishing their credit the proper way and changing their current credit behavior to see a drastic and quick change in their credit scores.
He produced two infomercials about the product that have been aired on national television. Tirone hosts weekly teleseminars in which he accuses banks of “legally robbing people.” He has asked for President Barack Obama’s support in launching a national program to educate consumers about the credit-scoring world.
Mortgage
In 2007, Tirone founded the Mortgage Equity Group while working as a loan officer for United Pacific Mortgage. As a loan officer with First Capital Mortgage in 2004, Tirone predicted the crash of the global housing bubble in The Washington Post :
:“Some of these people think real estate values can only go up and interest rates only stay low,” said Philip X. Tirone, executive loan officer with First Capital Mortgage in Santa Monica, Calif. They don’t realize how quickly superheated housing markets can cool off, he said, noting that Southern California home values fell 20 to 30 percent in the early 1990s following the sizzling 1980s. Though Tirone says he frequently talks clients out of short-term, interest-only programs, some tell him that they have no other way to “get in on this real estate boom and make a lot of money quickly.”
:Without substantial increases in household income, Tirone said, “a lot of these borrowers could be looking at potentially big trouble” in three to five years.
Entrepreneurial Work
Tirone has twice been featured in books that recount the habits of successful entrepreneurs: in 2003, he was featured in Secrets of the Young & Successful , a New York Times bestseller by Jennifer Kushell and Scott Kaufman; in 2008, Dan Sullivan featured Tirone as one of nine entrepreneurs in the book Industry Transformers.
Political Agenda
Though he favors minimal regulation of the credit-scoring industry (he believes credit-scoring bureaus should give consumers free access to their credit scores), Tirone is generally an advocate of laissez-faire capitalism.
He founded www.notosacramento.org, a petition objecting to the State of California’s decision to increase wage-earners’ state tax withholdings by 10 percent.
Tirone is a founding member of the New Majority, a California-based political action committee intended to “broaden the appeal of the Republican Party by promoting a fiscally responsible philosophy toward government and lending resources to Republicans who support an inclusive, mainstream approach toward politics.”
Personal life
Tirone is a member of the Roman Catholic Church and the founder of “The Vocational Journey,” a Los Angeles-based group that helps men decide whether to join the priesthood.
An advocate of personal growth and empowerment, he has said that he welcomes failure, as it is the only way to reach his goals. In the New York Times bestseller Secrets of the Young & Successful <ref name="ref2" />, Tirone listed one of his greatest achievements as: "I was denied acceptance into all but one university to which I applied." In 1994, he was named Arizona State University’s Man of the Year.
In the same book <ref name="ref2" />, he said: “The woman I was going to marry left me, went to Colombia, met another man, and married him.” Tirone now lives in Los Angeles with his wife, Lily, and three children: Ava, Dominic, and Lucas.

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