EPISODE · Apr 19, 2024 · 1 MIN
What is Credit App and How it Works?
from The Credit App
The Credit App empowers contractors, small business owners, and sole proprietors to directly report defaults and nonpayment by their customers to the credit bureaus. By using TheCreditApp.org, you can avoid the need for expensive collection attorneys charging $200 per hour, as well as the hefty 30% fees typically charged by collection agents. Instead, you achieve the same outcome for a modest flat fee, investing only the time it would take to complete a contract with a debt collector. Learn more about The Credit App https://www.thecreditapp.org/credit-app here. How The Credit App Work?The process is straightforward: simply complete the new debtor form, submit the $99 fee, and await your customer's response. Upon submission, your customer receives immediate notification via email and text, informing them of the situation. Within a week, they receive a certified letter providing further details. They are then granted a two-week period to either settle the debt or dispute the claim. Failure to comply results in the outstanding balance being recorded on their credit report, adjacent to your company's name.
What this episode covers
The Credit App empowers contractors, small business owners, and sole proprietors to directly report defaults and nonpayment by their customers to the credit bureaus. By using TheCreditApp.org, you can avoid the need for expensive collection attorneys charging $200 per hour, as well as the hefty 30% fees typically charged by collection agents. Instead, you achieve the same outcome for a modest flat fee, investing only the time it would take to complete a contract with a debt collector. Learn more about The Credit App https://www.thecreditapp.org/credit-app here. How The Credit App Work?The process is straightforward: simply complete the new debtor form, submit the $99 fee, and await your customer's response. Upon submission, your customer receives immediate notification via email and text, informing them of the situation. Within a week, they receive a certified letter providing further details. They are then granted a two-week period to either settle the debt or dispute the claim. Failure to comply results in the outstanding balance being recorded on their credit report, adjacent to your company's name.
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What is Credit App and How it Works?
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