Month: April 2016

Start a Credit Repair Business for Under $500

This is an update to our previous blog post Start a Credit Repair Business on  http://eracreditservices.com/starting-a-credit-repair-business-for-under-500/

Start a Credit Repair Business for Under $500

If you want to start a credit repair business and already done a bit of searching on the internet you may have come to the conclusion that you basically have two options. The first is to piece together the infrastructure of your business by buying software to generate dispute letters, a website, contracts, training and other essential components. Or, you could purchase a credit repair franchise that presumably has everything you need to get started. We actually are going to provide you a third option to start a credit repair business below that solves a major challenge that the first two do not.

Start a Credit Repair Business

The Challenge in Starting a Credit Repair Business

Neither of the first two options overcomes the challenge of having enough time to not only find clients but also provide the credit repair service for those clients. Finding clients is a full time job by itself. Doing the work of credit repair is another full-time job. Therefore, the first two options come with limitations to the amount of credit repair business you can generate. To break through this limitation you’ll have to hire staff to go out and get the business or deliver the credit repair service to your clients, whichever part you do not want to do or are least skilled to do. More about this will be discussed below.

And here’s something else. When you get started and talk to your first sales prospects what are you going to say when they ask you about your track record, how long you’ve been in business, the results you’ve been able to achieve for previous clients?

Further, and perhaps most importantly, it is imperative to receive training on how to build a business. This is especially true if you have never started a business before. What if you could be trained by people that have already achieved significant success in building a credit repair business? Wouldn’t it make sense to duplicate what they have already done?

What Do You Need to Start a Credit Repair Business?

If you have searched around the internet you probably did a search for the following terms-

how to start a credit repair business

starting a credit repair business

credit repair business opportunity

credit repair business franchise

and terms very similar. What you most likely found are the types of opportunities mentioned above. Companies that provide pieces of the infrastructure, and others that offer a credit repair franchise.

Before you can decide on a company to work with that offers pieces of the credit repair business infrastructure you’ll want to understand what you’ll need. Here is a partial list of what it takes to start a credit repair business.

First off a web site is essential, of course. If you know how to use WordPress or otherwise can build a website, that’s great. Or, you can pay someone to set up the site for you. Either way you’ll still need to draft text for that web site such as frequently asked questions, a marketing video explaining your service, a contact form, an option for a client to sign up for your credit repair service online, and more.

Another important element is giving your client online access to their account and the ability to check on the progress of their service, what items are being disputed, what items have been deleted, etc. This is essential to compete in today’s credit repair market.

You’ll need professionally designed marketing materials- brochures, flyers, videos, business cards, logo. Many companies today have quality videos about their credit repair service.

You’ll have to provide credit repair contracts for your state and other states if you want to do business outside your state. Note that if you want to conduct business outside your own state you’ll have to fulfill all the requirements in each state as you do with your own state.

You’ll need a dedicated phone line for sales and customer support. Using your personal phone for your business not be sufficient.

You’ll of course need to find training on credit repair law such as the Fair Credit Reporting Act and the Credit Repair Organizations Act, sales training, and training on building a business that can be done online and in person. Here’s list of states that require Surety Bonds

What Credit Repair Companies Provide Everything?

There are companies that provide a lot of the essential elements in getting your credit repair business s started. CreditRepair Cloud is one of those companies. The cost will range from $179 to $599 per month. But CreditRepair Cloud doesn’t overcome the big 3 challenges. You still have to do all the work of getting clients and delivering the service, you have no track record, and you get no business building training.

Credit Repair Franchise

Now you have the credit repair franchise option. We found three although there may be more.

CreditCRM has a start up of $24,995, Prime National $25,000, and Credit Dispute Pro $18,500. Assuming they provide everything you need which you would need to investigate, these costs might be justified if they also provided a household name that everyone recognizes. But that isn’t the case.

There is also a new company once called Credit Repair Nerds that has now changed their name to Credit Repair USA which is not a franchise. They consider you a licensee. According to a video on their website they’ve been bringing on licensees since March of 2015 and have about 90 such licensees. Licensing fees range from $999 to $4,500.

For each of these companies above you’ll have to check with them to see if they have registered with your state and followed through with state requirements such as a surety bond. If they have not you’ll have to provide that yourself. Even if they have you may be restricted to doing business just in your state.

The Company That Provides Everything to Get You Started in Credit Repair for Less Than $500

So, what if you could find a company that provided everything you need to get started as stated above?

And, did all the credit repair service work for you so your job would simply be to go out and get paying clients.

And, offered credit repair at one of the most competitive rates in the industry.

And, offered clients a satisfaction money back guarantee.

And, has been in the credit repair business for 12 years with stellar third party documentation.

And, did not limit you with geographical limitations. You can do business in any and all 50 states.

And, gave you the opportunity to develop an unlimited team of other Agents, and get paid on their business.

And, allowed you to offer other credit related services such as online credit monitoring, credit and identity protection though Lifelock, suggestions and solutions of positive trade lines for your clients, a Will and Trust, a service to help your clients pay off their bills faster, and more.

And, provided you with all their services potentially free and included up to $100,000 in term life insurance.

And, you could get started immediately for less than $500 plus $87/month. By the way, the $87/month is waived after you get your first 5 customers.

In addition to training that is second to none, you get one on one mentorship from someone who has built a business using the same system and is one of the top producers in the company.

If you’re serious about getting into the credit repair business this is not a hard decision.

ERA Credit Services can offer you the opportunity to be in the credit repair business, get everything listed above, and do it for less than $500 out of pocket start up costs. You can literally start today and begin earning money by the end of the day. We also have the best compensation plan in the industry.

If it sounds too good to be true, it’s not. We have simply found a way to provide a better opportunity. Don’t you owe it to yourself to find out more?

If you are seriously interested in a career in credit repair and finding out more visit our website at http://eracreditservices.com/credit-repair-business-opportunity/ right now!

You can also visit www.protectionthatpays.com to watch a series of videos that will share with you details on our Protection Plan services including our industry leading credit restoration service, the background and track record of the company, the business opportunity including compensation, business development, training, and how to get started.

The Best Credit Repair Company in San Diego

This is an update to our previous blog post on http://eracreditservices.com/san-diego-credit-repair-how-to-choose-the-best-credit-repair-company-in-san-diego/ Best Credit Repair Company in San Diego

 

The Best Credit Repair Company in San DiegoBest Credit Repair Company in San Diego

After a search on Google, Bing or Yahoo in an attempt to find the best credit repair company in San Diego you have probably found several listings. Every one of them tells you they’re the best and most effective. Calling all these companies is very time consuming so here are some answers you want to get before proceeding.

A National Company vs. a Local San Diego Credit Repair Service

Which should you choose? It’s seems like it would be best to work with a local company. But many local credit repair companies are one person operations that have limited resources in their abilities and have no backup should something happen to that one person such as illness, vacation, closing their business and worse. What happens to your account and money? The national companies typically have poor or no personal customer service. And, what’s your recourse should you not get the results you’re looking for?

SolutionERA Credit Services is local and national. We have been providing credit repair services to San Diego consumers since 2012 and pride ourselves on giving the personal service you expect. However, we are also part of a national credit repair company with 13 years experience and phenomenal customer support. You have the best of both worlds. And, you get our Customer Satisfaction Guarantee that will be honored no matter what happens to us locally.

Pricing – Before you begin service with a credit repair company, whether it be in San Diego or any other city in the country, you should know there are 2 pricing models predominantly used in the credit repair industry.

Monthly fees – some companies charge a set up fee and then a monthly fee until they have performed the work of deleting items from your credit report. As a result of charging the customer a fee each month some companies slow the process and extend the length of time it takes to get results for the client. We get calls from people working with other companies that tell us they have been paying fees to a company for over a year, perhaps two years and still don’t have results.

Solution – we also have a monthly credit repair program for only $87/month with no set up fees. It addresses all negative or derogatory items immediately. We receive most of our business from real estate, mortgage and banking professionals that want credit repair for their clients as soon as possible. They expect us to perform quickly so they can close a transaction with the client they referred to us.

Pay Per Deletion – some credit repair companies charge when they have removed items from your credit report. In most cases they do actually charge an initial fee as well to give you an estimate of the charges once they have pulled your credit reports before you begin service. This may seem like a good way to go but they also typically charge between $25 per item up to $500 per negative item. The range in fee depends on the type of item. For example, an old charged off credit card might be $25. But a foreclosure or bankruptcy could be $500. But what you need to be aware of is that the charges are per item per credit bureau. So, you actually get charged $75 up to $1,500 per item. This pricing method can range from $2,000, $3,000 and up to $5,000.

Solution – In addition to our monthly program described above, we also give the client an option of a flat rate fee of $499.00 (discounts available for active duty military and couples) for the most effective and fastest credit repair results in the industry. It is all inclusive. All 3 credit bureaus (Experian, Equifax, and Transunion), an unlimited number of derogatory items, includes any type of item such as bankruptcy, foreclosure, short sale, liens, charge offs, medical bills, student loans, late payments and more. We work for you for up to a year if necessary and offer a Customer Satisfaction Guarantee.

How Can You Stay Informed About the Progress of Your Credit Restoration?

Most companies send and receive communication directly to and from the credit bureaus. You are not part of the process and therefore have no way of knowing what’s happening with your account.

Solution – Our first step is to analyze your credit reports for no additional fee and upload all your derogatory items to an online, password protected account. You can then log in 24/7 and see your items and then follow the progress of what items have been deleted, upgraded to paid as agreed, and what items remain for us to work on for you. You are not in the dark. You see us working for you every step of the way.

Trust the Professionals

For more information about the very best credit repair service in San Diego visit http://eracreditservices.com/credit-repair/