Disconnect USB. Turn off your PSP completely (hold the power switch up). Then reboot.
Enable USB mode via Settings > USB Connection. cwcheat psp 6.61
Firmware 6.61 is the final official firmware released by Sony for the PSP. It is widely considered the most stable and preferred firmware for hacking due to the availability of "Infinity" (a permanent patch) and modern CFW solutions like 6.61 PRO-C2 or ME (Minimal Edition). Disconnect USB
Crucial Prerequisite: CWCheat is a homebrew plugin. It cannot be run on a stock, unmodified PSP running official 6.61 firmware. The user must first install Custom Firmware (CFW) or a Custom Firmware Enabler (CFW Enabler) to allow the execution of unsigned code and plugins. Enable USB mode via Settings > USB Connection
Search for the latest cwcheat package (typically cwcheat-v0.2.3-rev.62 or newer). You are looking for the seplugins folder.