The Polished Report

05/23/2022

Currently on working on a cool digital e-book for those who want to launch their own Texas-based credit repair business! It's such a profitable and fulfilling industry, but for a lot of people trying to get their start, we know for a fact it can get SO confusing. In fact, we experienced it first-hand (Whew!) This is precisely why we've decided take *everything* we've learned about the launch process and put it all in one place for other people to benefit. So if you're thinking about starting your credit repair biz and don't know where to start, we got you,100%. We hope to wrap it up within the next few weeks. (Btw, it needs a name! Any ideas?! 🤓)

05/13/2022

One of the most asked questions we get from our clients is, “Should I pay my collections?

The answer that sounds good is ‘yes, you should always pay your debts”.  However, when it comes to collections, in most cases, we say, “NO” for these 3 reasons:

#1: If you’re looking to raise your credit score, paying off or settling will do little to nothing to help you. Most newer Credit Scoring Models ignore paid collections all together and here’s what’s worse:  You will have paid money that could have gone towards something more impactful to your score.   

#2: Most collections will have changed hands multiple times, causing confusion over whether the balance owed is truly accurate.  Take a GOOD look at your credit report.  Do not assume that what they are reporting is 100% factual.  If you see ANY creditir that looks unfamiliar or inaccurate, dispute it in writing. (Never do this over the phone)

#3:  Look at the (SOL) statute of limitations.  Reporting periods for collections start with the date of the original default and last for 7 years + 180 days.   The older your collection is to end of the SOL, the less impact it has on your score.  Your best bet is to let it age out.

Can collectors still try to go after you after the SOL ends? Yes. But don’t let that intimidate you. They cannot legally sue you, no matter how much they threaten you.

Collections are never a good thing, but knowing these 3 facts will keep you from making even costlier mistakes. If you need help with your collection accounts, don’t panic, enroll in our credit services today! Click the “Get Polished Credit” link in our bio to get started!💥

05/01/2022

Hello, May! With each new month comes new goals and new reasons to celebrate! Today we celebrate new clients and opportunities to change lives, one credit report at a time. What are you manifesting for today and the entire month of May? Let's get clear on what you desire!

03/30/2022

Look at credit repair like you would a major home project, and you’re the brilliant contractor or repair pro, adding tons of value back into your home. It’s truly all about perspective and how you view your current reality. You have the power to look at it with eyes of optimism. Rather than see it as a burden, see it as an investment! A SMART, ON TARGET INVESTMENT!🎯Your results will reflect the energy you give it!

03/17/2022

Hey credit repair experts! Have you grabbed our beautiful Welcome Packet template yet?! Join others who have boosted their client's onboarding experience with this WINNER of a digital product! 🏆

A welcome packet for new clients of your credit repair business.

03/10/2022

When was the last time you were truly proud of your credit? Whether it was when your score was 620 or 720, it's whatever you consider to be YOUR huge achievement. Everyone's credit story is different; this is a huge part of why we're good at what we do. We listen to your needs and create a strategy that fits you. Let's help you get to your unique goal today! Send us a message to get started!

03/10/2022

Happy Friday-eve! Let’s get your day started by debunking 3 myths about your credit score! 👇🏾

Myth #1: Paying your rent helps your score. Ok renters, this is false unless you’re one of the less than 1% whose landlords reports positive payments. There are proposals to change this practice so that monthly bills and expenses such as your phone, utilities and yes, your rent are reported just as loans and credit cards are. But we’re not there. Now, don’t get it twisted. If you get behind on rent and your landlord places your account in collections, well…you know what happens. This, friends, will HURT your score.

Myth #2: All payments are reported. Nope. Many young people in particular who are entering the credit world assume this as they begin to accumulate monthly expenses. As mentioned above, rent is typically not reported, nor are utilities so if you’re late, it will not impact your score. Late payments, however, WILL make it more difficult to be approved for future services. Always keep this in mind. The best practice you can ever make, is to contact a provider BEFORE you are late, to work in good faith to make a payment. Stay on their good side!

Myth #3: Your income impacts your score. Scores are not inherently determined by how much you make, but instead on your ability to pay your debt. A person making minimum wage can have the SAME EXACT credit score as a millionaire. It takes skill to have a high score and everyone has the right to experience one. With consistency and knowledge, its yours.

The more you understand how credit scores are determined, the more empowered you are on every level. Btw, if you’ve ever wondered why you can’t get over the hump with your score, head to our home page to read exactly what makes up a credit score to begin with!

03/08/2022

📣 We’re looking out for our fellow credit repair entrepreneurs who want to elevate their client experience! Our New Client Welcome Packet template was created because 1. We love to design! and 2. We love to change lives for the better.

📌Our template is FULLY EDITABLE - and easy to edit! Use your brand colors & photos (or, keep as-is. Your choice!)

📌It’s yours forever. Use it over and over again. Our support guide is there for you, too!

📌It’s built for credit repair. We’ve included industry relevant text for you to use, however you see fit.

📌It’s a GAMECHANGER! It’s both beautiful and functional, saving you so much time + establishing top notch standards for your business.

If you WANT & NEED an efficient, inexpensive reset in how you interact with your clients, this is definitely for you. Easily provide your new clients with EVERYTHING they need to get started without all the back and forth calls or inconsistent messaging. You’ll absolutely love what it does for you!

For $15, how can you NOT love it?! Link in bio under Digital Products!🙌🏾✨

03/08/2022

Just stopping by to remind you, YOU ARE POWERFUL. There is magic in these words. Embody them today and great things will come to match that energy. No matter where you stand. Have a great Tuesday!

03/05/2022

Its Women’s History (Herstory) Month. As women entrepreneurs, it’s an amazing time to be alive. We carry the expectation that we WILL achieve what we came on earth to achieve, which keeps us in the energy of making history, no matter what. You don’t need to be in the almanacs or magazines to be an important , impactful figure out in the world. You just need to follow your passion authentically and without ego. Who’s with us?!

03/02/2022

Are the credit bureaus going away? The answer: Maybe. In late 2020, under the Build Back Better Plan, Pres. Biden proposed a push for ONE *PUBLIC*, aka, government -run credit reporting agency to compete and possibly later replace Equifax, Experian & Transunion. 👀

Whoa, right?!

So what’s the premise for this proposal? To make scoring more accurate and transparent. As many of you know, credit inaccuracies are out of control, despite the laws put into place to hold the bureaus accountable. There are many cheerleaders of this plan.

But will it work? There are some credit advocates that are not really optimistic. Simply, there isn’t enough detail into how a public CRA will be able to eliminate existing problems. Without specifics it’s hard to form an informed opinion. So as they say, time will tell, my friends!

03/01/2022

Just like these donuts are missing from your life right now, there's something missing from your credit repair business! Trust us, we know what it is! And just like these donuts, it's something SO simple and inexpensive, you'll wonder why you didn't grab ahold of it sooner! 🙃🍩To learn more, click the link!

https://getpolishednow.samcart.com/products/youneedthis