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SUNRISE, Fla., Aug. 23, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Beta Music Group Inc. (OTC PINK: BEMG) through its operating subsidiary Get Credit Healthy, Inc. (www.getcredithealthy.com) today announced it has completed Beta testing of its enhanced proprietary platform to improve credit coach efficiency by 50%. This dramatic efficiency gain will enable credit coaches to serve 50% more clients while improving the customer experience, therefore creating a potential 50% Revenue increase with no additional overhead.
An estimated 148 million people have not ordered a copy of their credit report within the last year. Over 80 million potential customers need credit education/restoration. One-third of all Americans have credit scores lower than 620. Another 45 million adults in this country are either credit invisible or unsoarable. It is clear from these numbers that there is great demand and need for credit coaching.
GCH's enhanced platform provides the ability for credit coaches to address these issues head on with significantly greater efficiency to improve the overall credit health of their clients. This aligns with GCH's strategic growth objectives and is another example of their desire for shareholder value creation.
Elizabeth Karwowski, CEO, stated, "This is a tremendous accomplishment for the GCH team to significantly enhance our proprietary platform to expedite the processing of credit files to improve the credit scores and overall credit health of our clients. The full implementation shall commence prior to the end of this 3rd quarter of 2018."
BEMG, through its operating subsidiary, Get Credit Healthy, utilizes its proprietary processes, platform, and software to integrate with lenders to make it easier to recapture leads. Developed for and by those with extensive experience in the mortgage industry, Get Credit Health's platform has already facilitated over $200 million in new loan opportunities for its partners.
Get Credit Healthy has showed sustained growth over the past three years and shows no signs of slowing down. It is working to increase its network of partners and is looking forward to a very promising future. Please visit the company website at www.betamusicgroup.net; Twitter at www.twitter.com/bemg12 and financial information can be found at www.otcmarkets.com/stock/bemg/profile.
Safe Harbor Statement
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
For information, please contact:
Elizabeth Karwowski, CEO
Beta Music Group, Inc. t/b/k as MBO Holdings Corp.
Get Credit Healthy, Inc.
8411 West Oakland Park Blvd.
Sunrise, FL 33351
(877) 850-3444 Ex 7
Source: Beta Music Group, Inc. t/b/k as MBO Holdings Corp.