22 Jan BEMG Subsidiary Get Credit Healthy Partners With Supplier of Rental Vehicles to Lyft & Uber
SUNRISE, Fla., Jan. 24, 2019 (GLOBE NEWSWIRE) — Beta Music Group, Inc. (OTC Pink: BEMG) announces that its subsidiary, Get Credit Healthy (“GCH”), and Driveitaway, Inc. have entered into an agreement aimed at improving the lives of drivers for ride sharing companies, such as Uber and Lyft.
GCH (https://getcredithealthy.com/) is a fintech company that has developed a proprietary platform that provides consumers with access to tools and resources to rehabilitate and build their credit profiles and improve credit scores. DriveItAway (https://www.driveitaway.com/) has implemented a turn-key, solutions driven program. It has developed revolutionary mobile technology, including dealer-based “Car Sharing for Ride Sharing,” to offer temporary vehicles to Ride Share (Lyft, Uber) drivers, and has forged a “path to ownership” for those who ultimately wish to own their own Ride Share vehicles.
The two companies agreed to integrate GCH’s platform into DriveItAway’s platform to create a true path for consumers to own their own car. According to Goldman Sachs projections, the ride sharing industry is expected to grow eightfold to $285 billion by 2030. An estimated 40% of Uber and Lyft drivers need to rent cars because they do not have qualifying vehicles. DriveItAway is offering access to GCH’s credit coaching resources to all of its consumers at no additional cost to them in order to make that “path to ownership” a little less arduous.
John F. Possumato, CEO of DriveItAway, said that “this ‘no strings’ offer is an industry first. GCH is the best in breed, and offers access to the most reliable, efficient, comprehensive non-profit credit coaching program currently available. This program fits perfectly with the services we currently offer to our Lyft & Uber driver base, and does not require drivers to buy any vehicle, or purchase from any dealer, in particular. With the ‘on-demand’ employment Ride Sharing provides, we can improve lives by making it easy for everyone to increase their income and improve their credit. Our objective is to make this a win for all.”
Elizabeth Karwowski, CEO of GCH, stated “Our traditional partners have been financial institutions, mortgage companies, and municipalities. The common mission of these institutions is to offer consumers the tools & resources to improve their credit profile and overall financial lives. GCH provides access to its network of non-profit credit coaches who devise a strategic path, and guide consumers every step of the way on their paths to getting credit healthy. We are delighted to be launching this new initiative with DriveItAway, and expect to achieve tremendous results for ride share drivers, nationally.”
DriveItAway is the first dealer-focused enabler for franchise and independent dealers to enter the business of Mobility as a Service – Car Sharing for Ride Share (Lyft, Uber) Drivers, vehicle subscriptions, etc. DriveItAway provides a turn-key, solutions driven program with a proprietary mobile technology, insurance coverages and training to get your dealership up and running in all vehicle subscription services, with the deepest experience in the highly profitable, scalable, and rapidly expanding business, supplying temporary and permanent vehicles to Lyft and Uber drivers. For further information, please visit https://www.driveitaway.com/.