Samantha DeLoache is a Pharmacist who most recently has begun her own Credit Restoration Business. She also enjoys motivational speaking, coaching, modeling, volunteering in the community, encouraging youth (especially females) and going on Mission Trips abroad. Through her latest effort “Project 1K”, she pledges to empower at least 1000 families across the USA to take charge of their financial futures by embarking on their very own home-based business.
What inspired your interest in the Credit Repair Industry?
Financial Literacy is lacking in our communities as a whole. Many people don’t understand how their credit scores are calculated or their overall rights as it relates to their credit history and what’s being reported to the bureaus. Too often people feel helpless about their financial situations and don’t realize there is a reasonable way for them to make a change that can set them up for a better future. If your financial situation is not where you want it, you don’t have to stay stuck! Our credit reports are our report cards as adults and unfortunately, many Americans are failing. I wanted to be involved in a process where I can refer people to the right connections to not only get their credit reports repaired but offer tools to help them rebuild, restore and gain better buying power. I also believe entrepreneurship is one of the ways to embark upon financial freedom and I offer opportunities to become a business owner as well with a minimal investment.
How did Project 1K come about?
Project 1K was my vision to empower at least 1000 families across the USA to take charge of their financial futures by embarking on their very own home-based business. All families will receive: personal credit repair, will/trust and power of attorney access, a personalized website, the ability to qualify for $100,000 life insurance with no medical exam, online sales tracking system, residual income, along with free ongoing training and mentorship and much more. I want to help us get rid of the consumer mentality and being an employee, plus shift our thinking to ownership and self-reliance by being self-employed.
What 2 myths do most people have about Credit Repair?
The 2 biggest myths I have run into concerning credit repair is that:
Myth #1: If you pay off your debts, those negative items will dissolve from your credit report.
Paying your debts will increase your credit score, but the damage may already be done. Negative credit items remain on your credit report for seven years, which is a very long time to wait. Especially when you’re facing denials for loans or higher interest rates because of your credit history. The only other way to get an item removed is if you believe it to be inaccurate or outdated. In that case, you can hire a service to dispute the information with the credit bureau or undertake the process yourself. Resolving to pay your debts on time will go a long way toward boosting your credit profile, but it won’t rid your score of the effects of the “bad” debts.
Myth #2: Credit repair companies are a scam.
This is the most popular question when it comes to credit repair myths. Not all credit repair companies are created equal, but legitimate and well-respected companies do exist. Successful and reputable credit repair companies will have a trained analyst review your credit report, discuss any questions and concerns you may have, and go to work on your behalf with the credit bureaus to dispute incorrect or outdated information that is hurting your credit rating. Although you could commence the process yourself, you may choose to save considerable time and energy by handing the reins to a trained professional.
What is next for you in 2019?
My plans for 2019 are to continue to build my portfolio in all aspects of my life. I will continue taking photographs and modeling, I will continue speaking across the county and I most definitely will continue empowering individuals as far as their financial health and credit history. I want to further expand and make partnerships throughout the USA.
How can readers connect with you online?
Readers can connect with me through my websites:
www.samanthadeloache.com or www.modelingpharmacist.com.
I can also be reached on Instagram.
Featured Image by Sharetha Monique Photography