Info@thecreditassist.com & @thecreditassist / @creditbylo
Growing up she wasn’t fortunate enough to be educated on financial literacy on credit or consumer laws. Self-education and seeking knowledge to move forward with her business she became her own client. Commencing her life in debt Lo wracked up a negative credit score of 387. Subsequent to sending out letters and opening a line of credit with Capital One she began to grow her credit. Her credit elevated to 700 and continued to grow.
Unearthing the notion that she could build her empire on OPM she started her journey. She started working directly with banks to secure profits for clients. It took Lo eight months to land her clients the compensation, and credit to land their first home.
In 2020, Loren purchased her first retail property. As the monetary value of her business increased Loren started seeing the positive effect she had on her clients. Still working as a field technician she could barely maintain focus on her daytime job as the demand of her business became prominent. As the only minority and female technician Lo felt discriminated against. She was shortly terminated subsequent to shining in her field. Loren highlights that moment of her life as being a starting point. She deems being terminated as “the best thing that has ever happened to me”.
During the duration of the COVID pandemic, Loren decided to utilize her credit knowledge as a business. In the initial six months of business, she became a six-figure business earning her first $250,000. In her inauguration year, she put over 150 in their own homes. The income she made annually she started to make on a monthly contingency.
Currently, Loren successfully assembles LLCs, corporations, and business credit for others seeking assistance. Accommodating aspiring business owners to create a passive stream of income utilizing business credit is her primary focus. Growing her credit and her businesses have allowed Loren to elevate from rags to riches. She currently owns fifteen Turo vehicles she leases as a business and eight Airbnb properties. As she prepares to purchase her ninth property Loren knows that all of the knowledge she has obtained in four years has permitted her to “live on her own terms”. The business mogul company’s mantra is ”It’s not about having money, it’s about the freedom that comes with it. If I lose everything today, I promise you next week I’ll have it back. I don’t have to work at a job where I hate people, where I have to listen to people complaining 24/7. I help others break that cycle”.