Category: Credit Repair Business

Build a Credit Repair Business

Build a Credit Repair Business

Build a Credit repair Business

You Can’t Create Momentum When You Have to Create Everything

You’ve heard the saying, “You don’t know what you don’t know”? I resign myself to this many times when I’m talking to people that call me for information because they want to build a credit repair business.

The first stage of someone learning about starting a credit repair business almost always begins with a preconceived mindset that they have to build it all themselves. But what they don’t yet realize is the enormous amount of time, energy and money it will take to build it from scratch.

Even if they do build a credit repair business all on their own what they don’t often think about is how they’ll compete against other companies with experience, technology and track record. And, what about the state and federal laws they have to navigate through? These laws cost more money and limit the amount of revenue and profit they can earn.

Let’s say they get through all of this and build a credit repair business by them self. Great! Now, how are they going to find the time to get clients, not just a few but hundreds of clients, and deliver the service to those clients?

There’s another saying, “If you want it done right, do it yourself”. That saying is what unsuccessful people abide by. Successful people use the efforts of others that know more than they do about how to do something. That’s how they get more done and build large, successful businesses.

Build a Credit Repair Business for Around $500

What if there were a way to build a credit repair business for around $500 total start up costs? It includes training on exactly what to do to get a steady stream of clients, staff to provide the service delivery to the clients, technology to keep them and their clients informed, and access to all the marketing materials they’ll need.

And, what if someone could build it small, or build it all over the country by incorporating the efforts of other Independent Agents? And, learn directly how to build a credit repair business from others who are generating anywhere from $100,000 to over $2.5million a month in revenue.

This opportunity exists. It takes an open mind to understand a different type of business model and it takes training and hard work. But if someone is willing to learn and work hard they can be where they want to be in a far shorter time.

Visit http://eracreditservices.com/credit-repair-business-opportunity/ to watch two videos that will explain the alternatives to build a credit repair business, and details on this opportunity.

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Start a Credit Repair Business in Massachusetts

Statistics tell us that there are over 1 million consumers in Massachusetts that have a 599 credit score or lower. That means that many people in the Bay State that would like to purchase a home cannot qualify for a mortgage. Therefore, to start a credit repair business in Massachusetts is a great business opportunity.

Start a Credit Repair Business In Massachusetts

However, state and federal laws along with competition from large, experienced companies make it very difficult to start a credit repair company on your own.

In addition, as an entrepreneur beginning a “start up” venture you have to do everything yourself. That includes having the capital which could amount up to $10,000 to do it professionally and legally. So, what’s the alternative?

Start a Credit Repair Business in Massachusetts
with ERA Credit Services & Partners

What if you could leverage the infrastructure and service delivery capabilities of a national company that is accredited at the highest level with the Better Business Bureau and the National Association of Credit Services Organizations? What if this company had been in business since 2004 and you could utilize their experience and stellar reputation? And, they had already satisfied all regulations with the state of Massachusetts so you could start doing business immediately. What if they had a training platform so you could learn how to start a credit repair business in Massachusetts?  And, you could start a credit repair business in Massachusetts for about $500?

Our company provides you with this opportunity. We would like to talk with you after you do some research on your own to see if this is a good fit for you. We are looking for serious entrepreneurs to start working with us on a part-time basis and move into a full time career. Or, those who want to begin a lucrative and rewarding business right away.

Experience, Coaching, and Tools

We will not only provide you with what is shared above but you’ll also have the opportunity to leverage our experience. We have developed our business in many areas across the country. And, we are looking for someone to start a credit repair business in Massachusetts in the following metro areas:

Boston Metro, Framingham, Worcester, Quincy, Braintree
Southeastern Massachusetts- Brockton, Taunton, Plymouth, Fall River
The North Shore- Lawrence, Gloucester, Newburyport, Lynn
Western Mass- Springfield, Chicopee, Pittsfield

If this is of interest go to Massachusetts Credit Repair Business and watch the videos located here. The first video will explain the types of business models in the credit repair industry giving the attributes of each. The second will give you detailed information on our company.

Then you’ll see where you can book a phone appointment with us. We look forward to talking with you.

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Credit Repair Business Training

Credit Repair Business Training

It often occurs to me how much different this business of credit repair is than what people perceive it to be before they get into it. As an example, we get calls frequently from people that want to start a credit repair business. And, of course, they want credit repair business training. But they believe the training they need is in how to remove negative items from credit reports. Do they need to know that? Yes, of course. But that isn’t what is going to make them successful in this industry.

The function of analyzing credit reports and drafting dispute letters is clerical work. One shouldn’t expect to be paid a six figure income for that. They should expect to have staff that handles this for their clients while they perform the function that creates the most value. And, that is building a business.

It’s not just credit repair training. It’s credit repair business training.

We teach our Agents how to be efficient and effective at getting clients, referrals for clients and overall, building a large business if that’s what they so desire.

We conduct 2-day intense workshops in regional areas around the country. We teach people absolutely, unequivocally everything they need to know with regard to building a successful business in the credit restoration industry.

I am privileged to be one of the trainers that goes to these areas and conducts the trainings. For instance, last weekend I was in Las Vegas. We had 50 people from the west coast, Hawaii, Illinois, Colorado, Utah and other areas that flew in for the training. This weekend I’ll be in Trumbull, CT just outside of New Haven for 2 power-packed days of skill set and mind set training for a group of eager and excited credit repair business owners.

To see the content and curriculum of our training go to Credit Repair Training Curriculum to check out the upcoming dates and cities.

credit repair business traiining

 

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Start a Credit Repair Business for Around $500

If you want to start credit repair business and have 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.

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 Credit Repair Business?

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

start credit repair business

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. 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 $512

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 $512.00 plus $89/month. By the way, the $89/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 start credit repair business, get everything listed above, and do it for $512.00 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?

start credit repair business

 

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Start a Credit Repair Business for Around $500

Own a Credit Repair Business

In the last few years over 1,100 people have contacted me because they have an interest in knowing how to own a credit repair business. Most of these people are mainly focused on how to do credit repair, meaning the fulfillment of the service. They are less concerned with discussing how to start, build and maintain a credit repair business which is where I direct the conversation because that’s what they should be concerned with and asking questions about.

Own a Credit Repair Business

There are many issues to tackle when starting any business. Yes, you have to understand the fulfillment piece, in this case delivering results to the customer for credit restoration. But there’s much more to it. What about the state and federal laws, the technology used for fulfillment and marketing, the marketing and sales functions, the competition, and the cash flow?

Do you have a plan to own a credit repair business that encompasses all these aspects and more?

Ultimately it comes down to this question. Do you want to be an entrepreneur or a solopreneur? An entrepreneur is going to use their highest and best value to operate and expand a business. They are not going to perform all the functions of the business. They are going to utilize the efforts of other people that are appropriately positioned for the value they bring to the business.

A solopreneur is going to be in business for themselves but also by themselves. They are going to wear all hats. Sales, marketing, technology, fulfillment, customer service… everything. To attempt this in any business is a daunting task. In the credit repair industry it’s a recipe for failure.

Of course, even if your intention is to own a credit repair business and be an entrepreneur, initially you will most likely start it alone. Just know that setting up your credit repair business and then doing the marketing, sales and fulfillment yourself all take a great deal of time. There is typically not enough hours in a day to do all 3 especially if you want to start a credit repair business on a part time basis. And, it takes very different skill sets. That’s why you eventually want to bring on people that have skill sets and hours you don’t have.

Further, you want to understand what functions brings the most value to your client and to your business. In the credit restoration industry the fulfillment (credit report analysis, drafting dispute letters, and customer support) is the least valuable function with regard to what you can pay someone else to do that job. That’s an administrative function that you can pay and train people to do for a reasonable hourly wage. It does not take a college degree or a large amount of previous experience.

The functions that bring the most value to your business are marketing and sales.

To own and operate a successful credit repair business you have to know how to continually get lots of customers and how to sell to those customers. Yes, you can hire people to do this but you’re going to have to pay them far more than a reasonable hourly wage. Marketing and sales skills are honed with years of experience and people want to get paid well for that experience. This is the part you should do, not the fulfillment.

Our business model provides the fulfillment of credit repair services to the client. We have also prepared all the marketing pieces, a website, brochures, business cards, flyers, folder, product videos and more. We have the technology to keep your client, you and any referral source you’re working with updated on the progress for that client. We provide training on how to market and build a credit repair business. And, we show you how to sell credit repair to customers. You get one on one mentoring from someone who is already highly successful in the business.

I have recorded a video describing the 3 options to own a credit repair business.

By watching this video you will understand what is necessary to work in this industry in each scenario. If ultimately the third option in this video makes the most sense for you watch the next video on that page then give us a call. We’ll discuss the hours and skills you have and design a business plan that makes sense for you.

Contact Dale

ERA CREDIT SERVICES IS AN INDEPENDENT AGENT FOR UNITED CREDIT EDUCATION SERVICES, A 501(C)3 NON PROFIT ORGANIZATION HEADQUARTERED IN FARMINGTON HILLS, MI.

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Outside Sales Opportunity

Looking for an Outside Sales Opportunity?

Because of the nature of our business and the large market of consumers that need our services there are many ways to generate leads and business. However, one of the best ways to do so is to work with professionals in other fields that require credit worthy clients. This provides a lucrative outside sales opportunity.

Outside Sales Opportunity

Real estate agents and brokers, mortgage brokers and loan officers, bankers, and automobile salespeople and dealerships need clients that have a certain credit score to finance what they’re selling. Often, in some cases up to 50% of time, these professionals start working with a prospect that cannot qualify for that loan. That means a significant amount of time, energy and money they have spent does not result in a closed transaction.

That’s where you come in. You become a resource for these professionals. They refer their credit challenged prospects to you. You educate and enroll their prospect into our credit restoration program. Our staff of credit consultants works to build the clients credit score.

What if you can help a real estate agent close even just 2 or 3 more sales in a year? That’s a significant increase in their income for just referring you some clients.

We also partner with bankruptcy attorneys, debt settlement and loan modification companies, insurance and tax professionals. The opportunities to gain referral business abound.

We have a proven methodology that you will learn through our training and mentoring program that will teach you exactly where to find these professionals, what to share with them about our service, and how to develop this business. Your referral source and you will have online access to the client’s progress so when they have reached the credit level required your referral source can begin the process of selling them that home, car, etc.

You can earn income from day one and you can earn monthly residual income as well.

In addition to income you earn during the month from new sales, in a very conservative scenario you can have over $4,000 a month coming in over and over again for work that you’ve already done. And, you can also utilize other proven ways to generate business as well.

We’re excited to show you what we have to offer. If you’re the right person we’d love to speak with you.

outside sales opportunity

 

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Work From Home Opportunity

More and more people today desire, and sometimes need, to find a work from home opportunity.

Stay at home parents and others are simply looking for supplemental income or a full time career with a work from home opportunity. We have over 13,000 Independent Agents working with us either part-time or full time from home.

work from home opportunity

 

There is no doubt about the number of Americans that are in need of financial services to protect their identity, credit, family, finances, lifestyle and future.

The key, of course, is having an infrastructure and business model that allows us to market to these people, sell them our services, and provide support to them after the sale. This is exactly what we provide.

You will understand how to market to the millions of Americans in all 50 states. There are no restrictions or territory boundaries. Technology and social media allow us to access these people anywhere they are. Our duplicatable marketing campaigns give you the ability to drive traffic (emails, calls, texts, and messages) back to you.

Your job is to learn how to convert them into customers. Our training program and one on one mentoring help you learn exactly how to do it. Does it require sales skills and comfort level to speak to people on the phone? Yes. Do you need creativity to attract people to reach back out to you? Yes. Does it require consistent dedicated hours every week? Yes. Does it require an entrepreneurial mind set? Yes.

The rest is in place. A website, online marketing materials, sales funnels with landing and thank you pages, email drip campaigns, example social media posts, videos about our services, and live customer support to take over after the sale, is all in place.

And, here’s the best part. With this work from home opportunity you can earn income from day one.

Well, maybe here’s something even better. You can earn monthly residual income as well. In addition to income you earn during the month from new sales, in a very conservative scenario you can have over $2,000 a month coming in for work that you’ve already done. And, just keep building upon that.

We’re excited to show you what we have to offer. If you’re the right person we’d love to speak with you.

work from home opportunity

 

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Do You Have Clients with a Low Credit Score?

Real Estate Agents, Real Estate Brokers, Mortgage Brokers, Loan Officers, Bankers

Do you have clients with a low credit score? Take just a minute and calculate how much income you have lost over the last few years when a prospective client didn’t have the necessary credit score to qualify to do business with you. That number can be staggering. But what can you do? You can turn lemons into lemonade!

clients with a low credit score

Here are 4 options if your prospects have low credit scores.

The first option for clients with a low credit score is to do nothing and move on to the next prospective client. Hopefully these people will either be able to increase their score on their own, or will come back to you when the derogatory items pulling their score down drop off their credit files with Experian, Equifax and Transunion. But think of it. How many times has that happened?

The second option is to try and help prospects with low credit scores yourself. But do you have the time and expertise to do so? Are you familiar enough with the Fair Credit Reporting Act to follow those guidelines to successfully get obsolete, erroneous or unverifiable items off their report? And, what kind of time will that take from your marketing to new credit worthy clients.

The third option for clients with a low credit score is to refer that client to us. We have been in this industry since 2004 and have successfully removed over 875,000 derogatory items from consumer credit reports including over 100,000 public records (bankruptcy, foreclosure, tax lien). After over 200,000 clients we have an A+ rating with the Better Business Bureau. And we have services beyond credit repair to help your prospects increase their score as quickly as possible. Simply put, we provide the best opportunity for any consumer to have derogatory items removed from their credit profile and increase their credit score. We also add you as a ‘Referral Source’ and give you access to monitor the progress of your clients deletions and credit status.

The fourth option is to work directly with us, sell our service yourself, earn the income yourself, and stay that much more connected with your client. Many real estate, mortgage and banking professionals have not only closed more of their primary business as a result of offering our credit restoration service to their clients but have earned a significant income from selling our services. Think of the other professionals in your industry that have credit challenged clients that you could contact.

Many people in your industry have turned this into an income that exceeds what they earn from real estate, mortgage or banking. Many have developed a team of other Independent Agents in their area and around the country and now earn a substantial income from the production of those Agents.

Mike Watsonformer top producing Keller Williams Agent in Eastlake, CA is now an Executive Sales Director with FES and now has over 100 Independent Agents around the United States.

Miranda Harrisreal estate broker in Columbia, SC has become one of the top producing Agents with our company and earned the title of Vice President. She is also a member of our Six Figure Club. Our average Vice President earns over $24,000 per month.

Derrick Smithformer owner of 2 ReMax brokerage offices in Maryland is now a Regional Vice President. He is also a member of our 6 Figure Club. Derrick became a Vice President with our company within a year.

Cynthia Davisformer branch manager for CitiBank in Las Vegas, Cynthia has become a Regional Sales Director and has left the 9 to 5 banking world to develop her own business with FES.

Clients with a Low Credit Score

These are just a few of the stories that have been written within our company by people who first looked because they had clients with a low credit score. You don’t have to change careers and strive for the type of income these people earn. You can simply work with us on a part time basis to assist your clients with their credit score and close more real estate, mortgage and banking business.

You have to agree, we’re worth taking a look at. You can turn lemons into lemonade. Whether you simply want to refer folks to us if your prospects have low credit scores to increase your closed business, or you want to learn more about developing an income by selling our services and possibly developing a team of Agents contact us today!

clients with a low credit score

 

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Supplement Retirement Income – Use Your Skills, Work From Home

Some people who have recently retired from their job are not looking to settle into playing golf every day. Or, they may need to supplement retirement income. And, of course, many people of early retirement age have a wealth of experience and want to maintain an active daily schedule.

supplement retirement income

According to a Global Entrepreneurship Monitor (GEM) report, 18% of those involved in early entrepreneurship are over 55 and 7.9% are over 65 years of age. That number could be as high as it is due to many older people finding it difficult to procure employment that will pay them for their experience and skills. Or, they simply have worked for someone else for so long they want to be their own boss. Therefore they choose to start their own business.

In any case, starting a business from home is a great solution to supplement retirement income.

Our company, ERA Credit Services, working in conjunction with Financial Education Services (FES) has a business opportunity that may be a great fit for some of these people. It involves helping individuals get their personal finances on track, has services that the majority of the population needs, requires a low start up cost, provides a comprehensive training program, can be very lucrative, and can be done from home on a part-time or full time basis.

Our flag ship product is a set of financial services that helps people increase and protect their credit, identity, family, finances and future called the Protection Plan. The core service is credit restoration. Although we speak to everyone about our services our best source of clients is referrals from professionals in credit related industries such as real estate, mortgage, banking, auto, solar and other industries.

Many of our independent agents are people who want to supplement retirement income by using the skills and experience they have to develop relationships with these professionals and build a pipeline of customer prospects. In addition, those with management skills can build a sales team to create leverage in developing a string residual income.

FES has been in business since 2004 and is headquartered in Farmington Hills, MI. They have an A+ rating with the Better Business Bureau and conducts business in all 50 U.S. states. The flagship service, credit restoration provided by their credit restoration division, United Credit Education Services which also carries an A+ rating.

For more information, visit the ERA Credit Services website or call us at 727-222-0120.

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Starting a Credit Repair Business – The Right Business Model for You

When considering starting a credit repair business there are many questions you need to ask and get answered in order to choose the right credit repair business model to satisfy your needs, goals and perhaps even limitations. I mention limitations because few of us come into a new business totally prepared with every skill set and requirement necessary. In most cases only after we are in a business do we realize certain elements that are required that we didn’t beforehand.

 

There are actually 3 different business model types in the credit repair industry. Here are some questions you need to consider before choosing the right one.

What Are Your Goals?

a) Income (initially and long term)
b) Time (time to recuperate investment and hours a week to devote to the business)

What Is Your Skill Set & What Do You Like To Do?

a) Sales & Marketing
b) Administrative

How Much Can You Invest?

a) Start up costs
b) Marketing
c) Staff

Which Credit Repair Business Model Should You Choose?

Here are those credit repair business model types, what is required, and some of the advantages and disadvantages of each. Choosing the right one for you depends on your skills, your time, and the money you have to invest.

Starting Your Own Business

1) Federal & state laws and regulations
2) Software
3) Website
4) Training
5) Office (home or other)
6) Marketing
7) Competition
8) Sales skills
9) Admin skills
10) Limited income unless you want to expand & hire staff

Conclusion- You must have a substantial amount of time & money to invest, and also enjoy admin work, as well as understand that your customer base will be limited unless you hire staff.

Buying a Franchise

1) Significant investment $12,000 to $20,000
2) Still need to be concerned with Federal & State laws and regulations
3) Website, training, administrative should all be provided
4) Competition
5) Marketing skills
6) Sales skills
7) Limited income unless you hire sales staff

Conclusion- You must have a substantial amount of time & money to invest, and the franchisor must train you on how to market and sell against the competition

Owning an Independent Agency

1) Low start up cost- less than $500
2) The parent company has satisfied all state & federal requirements
3) Website, marketing materials, training, administrative are all provided
4) Training includes Sales & Marketing
5) The ability to add multiple Agencies provides unlimited income potential along with a residual income component
6) No staff needed

Conclusion- This is the lowest risk option providing potentially the highest reward. It also provides the ability to start making sales and earning income quicker.

For Detailed Information on the topic of Credit Repair Business Model Watch This Video

For more on our Independent Agency business model visit www.eracreditservices.com/credit-repair-business-opportunity

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Starting a Credit Repair Business – The Right Business Model for You
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