“An Overview of COVID-19 Impact on Credit Repair Services Market
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Credit Repair Services Market report focused on the comprehensive analysis of current and future prospects of the Credit Repair Services industry. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro factors. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the Credit Repair Services market has been done in order to calculate the growth rates for each segment and sub-segments.
The Credit Repair Services market report analyzes and notifies the industry statistics at the global as well as regional and country levels to acquire a thorough perspective of the entire Credit Repair Services market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2025. The quantitative and numerical data is represented in terms of value from FY 2016 – 2025.
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The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Credit Repair Services industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
The following manufacturers are assessed in this report in terms of sales, revenue, and market share for each company:
Lexington Law, CreditRepair.com, Sky Blue Credit Repair, The Credit People, Ovation, MyCreditGroup, Veracity Credit Consultants, MSI Credit Solutions, The Credit Pros
Types of Credit Repair Services covered are:
Type I, Type II
Applications of Credit Repair Services covered are:
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Regional Analysis For Credit Repair Services Market
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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What does the Report Include?
The Credit Repair Services market report includes a detailed assessment of the various market drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Furthermore, the report provides comprehensive research into the regional developments of the Credit Repair Services market, affecting the market growth during the forecast period. Moreover, the report includes information sourced from the advice of expert professionals from the industry by our research analyst using several research methodologies for the Credit Repair Services market. The competitive landscape offers further detailed insights into the strategies such as product launches, partnerships, mergers and acquisitions, and collaborations adopted by the companies to maintain Credit Repair Services market stronghold.
Highlights the following key factors:
1) Business description-A detailed description of the company’s operations and business divisions.
2) Corporate strategy – Analyst’s summarization of the company’s business strategy.
3) SWOT Analysis-A detailed analysis of the company’s strengths, weakness, opportunities, and threats.
4) Company history – Progression of key events associated with the company.
5) Major products and services-A list of major products, services, and brands of the company.
6) Key competitors – A list of key competitors to the company.
7) Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
8) Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
Conclusively, This report will provide you a clear view of each and every fact of the market without a need to refer to any other research report or a data source. Our report will provide you with all the facts about the past, present, and future of the concerned Market.
Mr. Kevin Thomas
+1 513 549 5911 (US)
+44 203 318 2846 (UK)
Email: [email protected]
Credit Intelligence (ASX:CI1) plans $6M raise for global expansion
- Credit Intelligence (CI1) has received firm commitments from Clee Capital to raise $6 million in proceeds
- Through the capital raise, the company will issue 150 million shares to sophisticated and institutional investors at four cents each
- Credit Intelligence also intends to issue one free attaching option for every two new shares issued during the raise
- Capital raise proceeds will fund the expansion of the company’s various businesses into global markets, including the U.S. and U.K.
- Credit Intelligence is down 4.08 per cent and trading at 4.7 cents per share
Credit Intelligence (CI1) has received firm commitments from Clee Capital to raise $6 million in proceeds.
Through the capital raise, the company will issue 150 million shares to sophisticated and institutional investors at four cents each.
Credit Intelligence has also proposed issuing one free attaching option for every two new shares issued during the raise. The free attaching options will have an exercise price of ten cents per share and will expire two years from the date of issue.
Credit Intelligence’s Executive Chairman, Jimmie Wong, commented that financial support produced during this capital raise will fund the company’s global expansion plans.
“During strong economic times, our lending business and YOZO business will perform well. In the event of economic downturn or recession, CI1 is uniquely placed to also thrive during these unfortunate times from our debt restructuring and credit repair businesses,” he said.
“These core CI1 businesses have long track records of success for many years in their current markets. CI1 is now embarking on exciting expansion plans for new and existing businesses in global markets,” he added.
Specifically, these plans involve the expansion of Credit Intelligence’s main business and YOZO buy-now-pay-later (BNPL) offering in their current markets of Australia and Asia. The company will also expand its Singapore lending business.
Primarily, proceeds from the capital raise will fund the expansion of Credit Intelligence’s debt restructuring business and YOZO BNPL into new global markets, such as the U.S. and U.K.
Credit Intelligence will also the proceeds to fund the additional development of its YOZO technology, which will provide further support to the company’s expansion efforts. Some funds may also go towards existing business operations and costs related to the offer.
Credit Intelligence is down 4.08 per cent, trading at 4.7 cents per share at 10:32 am AEDT.
8 figure Serial Entrepreneur Shawn Sharma Built an Empire Leveraging Credit
*Brand Partner Content*
Seven-figure entrepreneur, Shawn Sharma, teaches clients how to shop and travel smart to maximize returns on their credit cards
Since the dawn of credit and debit cards, shopping has never been easier. Think of how many times you have carelessly swiped your credit card to buy groceries, airline tickets, or even furniture, only to pay hundreds in interest later. Shawn Sharma has made a career showing thousands of clients how to turn their daily spending habits into substantial profits. Explaining easy ways to raise credit scores quickly and how to maximize credit card perks, Sharma has amassed over a million Instagram followers. The best news is, he started out with nothing when he was in college, meaning just about anyone can do the same.
The general principles of credit card hacking and travel hacking, both completely legal, are that you maximize bonuses, special deals, cash-back offers, and rewards just by using the cards the correct way. One trick is to pay off credit card bills each month before the statement is closed, resulting in sparing your interest fees, all the while maintaining your rewards, cash-back, and miles. Sharma shows his many clients how to amass wealth by improving their credit scores, accessing credit lines for funding their businesses, and offers tips to look at daily habits as potential earning opportunities.
Sharma grew up in poverty, not because of laziness or motivation, but because of unfair and unfortunate circumstances dished onto his immigrant parents. His father was a doctor, his mother a college professor, but neither could translate their experience and education in India to comparable US jobs. Between ailing health and the demands of feeding a young family, his parents could not achieve the American dream. Through witnessing their struggle, Sharma was inspired to reach for their dreams through his own education and business success. Hard work in high school earned him a full ride to an elite Math and Science boarding school. Shawn continued to Cornell University, where he was at the top of his class. Sharma refused to quit on his goals, even when life doubled down on the bad luck. His father passed away during Sharma’s final year at Cornell. Rather than giving up his dreams, he entered into the profitable world of credit card arbitrage, with impressive results.
Sharma discovered the secrets to wealth when he began maximizing credit card rewards and airline miles. What began as a means of saving his parents money on airline tickets back and forth from college became a side gig that generated $3,000 daily. “I was smart with this money and invested six figures into a 30-property Airbnb portfolio that I started from scratch with three other partners,” Sharma says. Although that business struggled due to partner disloyalty, it was still a valuable learning experience. Creating Credit 101, a company that helps clients fix their credit and build wealth without the common obstacle of start-up money, has grown into a leading credit repair company. “My vision with the company is to teach people that in the world of credit, we are all on the same playing field,” Sharma stresses that in personal wealth, at least in the area of credit card arbitrage, things like background, color, or station in life are irrelevant. Everyone is created equal in the realm of credit, and everyone can make money by following Sharma’s sound advice.
In less than two years, Sharma was able to build an Instagram following of over one million. Considering he did not utilize paid-for advertising, that is something to boast over, not that that is Sharma’s style. Instagram is the perfect platform for attracting new clients and distributing easy-to-follow daily tips, providing motivation, and networking with other entrepreneurs. One way Sharma stays at the top of his game is to allow plenty of funds for further education. Having spent hundreds of thousands of dollars on coaching, seminars, and courses, Sharma understands that becoming your healthiest mentally, personally, and in business is when you provide the greatest value to others.
These days, Sharma stays busy with dozens of businesses and has plenty of irons personally and professionally in the fire. He is active in several charities, takes care of his disabled mother, and works tirelessly on his future goals. One of his biggest goals is to get his medical degree and make a significant innovation in the medical technology space. “Seeing my parents struggle with chronic disease for years, I am driven to lessen that load on others,” he says. Most of Sharma’s clients report significant increases in their credit scores in only a few months, opening doors of opportunity they never knew existed.
Housing grant from TD bank aimed to help families displaced by pandemic
GREENVILLE, S.C. (WSPA) – A quarter-million dollars is on the way to help give families across the Greenville area the assistance they need to get back on their feet.
On Thursday, the Greenville Housing Fund received a $250-thousand dollar grant from TD Bank, which will go towards the “Home Again Partnership” — a joint venture between the Greenville Housing Fund and United Housing Connections.
Both organizations work to put displaced families back in stable housing.
“It’s impacting livelihoods, jobs, income, health,” President and CEO of the Greenville Housing Fund, Bryan Brown said. “It’s having significant and serious impacts on our community and this is a symptom of that.”
Brown said prior to the pandemic, they were aware of two hotel/motel communities where families were living, now there’s ten.
“That’s the impact that COVID has had on this community,” Brown said. “This growing insecurity, housing instability has led to families living in ten hotel motels in our community. “
The “Home Again Partnership” works to identify families with school aged children living in hotels to provide them with resources like housing and financial assistance, all aimed promoting self sufficiency.
“When you have families in hotels, you have a child doing homework off the edge of a bed and then eating off a hot plate, that’s not a family environment,” said CEO of United Housing Connections, Lorain Crowl.
Crowl said the first step is connecting students with a McKinney-Vento liaison.
“Which is a liaison that works in all Greenville County schools,” Crowl said. “Every school has one that is tasked with engaging homeless and families who are experiencing homelessness with children.”
And then the work begins.
“We start with the very basics,” Crowl said. “‘Where are you now?’ And then we carry you through with rent stabilization. That means we may come alongside you with some grant money.”
Or other resources like case management, credit repair, etc.
“We carry folks through a program, through a two-year program to help them develop a savings account, tools to be on their own and eventually they’re in their own housing,” said Crowl.
Both organizations say they have resources readily available.
“There are all kinds of programs and networks that we can really plug families into and then help them along to get to know those folks and be sure that they’re served,” said Crowl.
If you’re a Greenville family in need of assistance, Crowl said to contact your school counselor. Every school counselor in Greenville County is connected to a liaison who can connect you to the partnership.
Crowl said since the pandemic began, the partnership has served 375 households, with $2.1 million dollars put into the community from all resources to help families remain stabily housed.
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