Daniel Massimino

Just from, I guess, my opinion, I think that the performance-based model is the way to go, and it's also more profitable.

And also, the customer themselves likes it because they know they're only paying for what gets done.

Roughly around 500.

Oh, yeah, it's a great question.

So basically, the items on the credit report are categorized into a few different buckets.

So bucket one, you have public records, which would be like bankruptcies, tax liens, judgments, child support, things like that.

Then you have another bucket, which will be collections.

So if you don't pay your Verizon bill, Verizon sends it to a collection company, they put on your credit report, you have hard inquiries.

which when you apply for credit at a car dealership, they're going to run your credit and that's a hard inquiry.

And then you have public records.

And so each one of those buckets, it breaks down to a specific price point.

So for instance, for a public record, something like a bankruptcy, that would be $100 per item per bureau.

So if you say had a bankruptcy on all three credit bureaus, you would be paying $100 for Experian to get it removed, $100 for Equifax and $100 for TransUnion.

It's like 25%.

25% base, 75% performance.

Yeah, give or take.

And that was only running that model for maybe like five or six months.

Well, it sort of went into like a stealth mode after that to refine the process and then put together a lot of the integrations and APIs and sort of the other things on the back end that we needed to really make it work flawlessly.

And

and I talked to my partners a lot about this and it's like, you know, you could, everyone's like, well, you just want to get a product to market and then, you know, sell, prove that you can sell it.