Category: Financial Services Business

Start a Credit Repair Business for Under $300

Start a Credit Repair Business for Under $300

If you’re looking to start a credit repair business you may have come to the conclusion that you basically have two options.

Option 1- Piece together the business by paying separately for software, a website, contracts, training and other essential components by buying kits, CD’s and manuals.

Option 2- Purchase a credit repair franchise that presumably has everything you need to get started.

We actually are going to provide you a third option for a credit repair business opportunity below that we believe you’ll find head and shoulders above the first two.

A Challenge to Overcome to Start a Credit Repair Business

Neither of the first two options overcomes a major challenge in the credit repair business. You need to have the time to not only find clients but also perform the credit repair service for these clients. Finding clients is a full time job by itself. Doing the work of credit repair is another full time job. So, to work with either of the first two options there will be a limit to the amount of credit repair business you can generate. Or, you have to hire staff to generate the business or provide the credit repair service, whichever part you do not want to do or are least skilled to do.

If you have done any homework on the topic you probably did an internet search for the following terms as we did:

start a credit repair businessstart a credit repair business

starting a credit repair business

credit repair business opportunity

credit repair business franchise

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

What You’ll Need to Start a Credit Repair Business from Scratch

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

A Web Site– and 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.

Marketing Materials– brochures, flyers, videos, business cards, logo

Credit Repair Contracts for your state or other states if you want to do business outside your state

Credit Repair Software to assist in the credit repair process, sales tracking, and accounting

A Staffed Phone Line for customer support

An Automated Process for updating clients on the their credit repair progress

Training on Credit Repair Law such as the Fair Credit Reporting Act and the Credit Repair Organizations Act, sales training, and business training that can be done online and in person.

We found no companies other than the third option which we’ll reveal below that provides all these pieces. To put it all together, costs will range upward from $1,000 to start a credit repair business. But that does not include many of the missing parts of your business. You can estimate the true start up costs yourself but our figure is conservatively at $10,000 over the first year.

Credit Repair Franchise

There is the credit repair franchise or licensee option. We found a few although there may be more.

CreditCRM

According to Franchise Gator,  CreditCRM has a start up of $15,000.

Credit Dispute Pro

Franchise Clique lists Credit Dispute Pro at a start up of $9,500.

Credit Repair USA

There is also a company called Credit Repair USA which is not a franchise. They consider you a licensee. According to a video on their website as of the update of this post they’ve been bringing on licensees since 2015 and have about 200 such licensees. Franchise Gator lists their fees at between $199/mo to $1499/mo.

Challenges with a Credit Repair Franchise

Let’s assume each of these franchisors or licensors provides you with everything listed above. And let’s ignore for the fact for a moment that many credit repair franchisors have gone out of business. That, of course, leaves their franchisees with no benefit to the money they spent on the franchise. You still have to consider that franchisors typically limit your territory.

And what really are you paying thousands of dollars for? None of these companies have a household name. If you buy a Subway sandwich franchise you’re getting a recognized name and national TV exposure. But none of these companies will accomplish that for you.  And, are they going to satisfy the requirements in your state or do you have to do that?

The Best Solution to Starting a Credit Repair Business

Option 3- So, what if you could find a company that provided everything you needed to get started in your credit repair business? And, you got everything from Day One.

Website- you have a personalized web site built for you. It’s complete with frequently asked questions, marketing videos explaining your service, a contact form, an option for a client to sign up for your credit repair service online, and much more.

Online Marketing- if you want to use social media and other aspects of the internet for marketing you’ll have landing pages and a contact management system. If you want to do build a credit repair business online, you’re ready to start posting and placing ads.

Marketing Materials– you’ll have immediate access to professional brochures, flyers, folders, videos, and business cards. These materials are compliant with all state and federal regulations, and laws.

Credit Repair Contracts- you’ll have digital contracts right on your website for all 50 states. And that’s how you’ll enroll your clients, right online.

Credit Repair Software- we have the most sophisticated credit repair software in the industry. However, you won’t have to learn it because you’ll have staff provided to you. These highly training credit repair personnel will pull credit reports, analyze those reports, draft dispute letters and get them processed. All that information will be uploaded to your online portal for your review.

Customer Support- again you’ll have a dedicated team to handle all your client calls, answer questions and update you if needed.

Automated Client Reporting- each of your credit repair clients with have an online portal and secure login. Any information or updates on their account will be uploaded for their convenience.

Training- immediately available to you will be our online training system. You can not only start your training right away but you can do it on your schedule. You’ll also be included in our weekly live training that you can access from your home or office.

Highlights of our Company

We offer credit repair at one of the most competitive rates in the industry.

And, we provide clients with a satisfaction guarantee.

We’ve been in the credit repair business since 2004, have an A+ rating and are accredited by the Better Business Bureau and our credit repair division is accredited by the National Association of Credit Services Organizations.

We do not limit your geographical limitations. You can do business in any and all 50 states.

You can find and develop other individuals who wanted to also be in the credit repair business, and get paid on their business.

You can offer other services such as a Will and Trust, LifeLock, a service to help your clients pay off their bills faster, a service that showed them how to increase their credit score beyond just fixing their credit, and more.

We provide you the benefit of up to $100,000 in life insurance.

And, you could get started immediately for less than $300.

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

ERA Credit Services can provide you with the opportunity to be in the credit repair business, get everything listed above, and do it for less than $300 out of pocket start up costs. You can literally start today and begin earning money by the end of the day. On top of everything listed above we 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?

Watch This Video to Learn
How to Start a Credit Repair Business for Less Than $300

Did You Like What You Saw in the Video?

If so, then click below to ‘Book a Phone Appointment’

This post was originally published in June of 2013 and has been updated for freshness, accuracy and comprehensiveness.

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Online Credit Repair Business

Approximately one third of the people in the U.S. have a sub-prime credit score (under 620). About 14% have no credit score at all. That means that nearly half of this country needs help. But you have to find those people, get your message out to them, and convert them into clients. The only way to do that is to think of your new business as an online credit repair business.

That doesn’t mean you won’t have interaction with your client prospects. It just means that you need to find them online through social media and other ways, and attract them to you. But finding clients online isn’t as easy as it sounds. Taking someone from a Facebook Ad, as an example, to a converted client requires online tools and marketing material.

Online Credit Repair Business Model

Building online tools such as Ads, sales funnels, and landing pages can be a full time job by itself. Couple that with everything needed to start a credit repair business in the first place and it can become overwhelming. Fortunately we have a business model that someone can plug right into and have the tools and technology, online and offline, to start generating clients right away.

Building an online credit repair business can be advantageous to those that still have another business or job. It allows the part-time credit repair business owner to look at their phone, tablet or laptop and check in on their business periodically throughout the day. You can send a quick message or a book a phone appointment at a time when you’re available.

Built in Credit Repair Business Support

In addition to the marketing, one other consideration is the time and effort it takes after you get a client. Who’s going to pull credit? And how are you going to get those credit reports? Who’s going to analyze those reports and generate legally compliant disputes of derogatory items? How are you going to report progress and results to the client? And, there’s much more in the way of administration to be concerned with. No worries. Our business model takes care of all that too!

Start an Online Credit Repair Business for Under $300

With our credit repair business model you immediately have access to:

Your Own Website
An Online Business Office
An Online Training System
Marketing Videos & Other Materials
Landing & Capture Pages
Dedicated Client Support
Personal Coaching
and Much More!

Now I’ll stop typing and let you see for yourself. Click the box below to go to our Business Opportunity page. There you can watch a very informative video and get the details. Then, if you like what you see, click the box just below the video to ‘Book a Phone Appointment’. We can then have a detailed discussion, let you ask all your questions, and get you started.

online credit repair business

Dale Guiducci is a partner at ERA Credit Services and Vice President at Financial Education Services. Since 2012 he has helped thousands of people nationwide with their credit score. And, he has coached hundreds on starting their own credit repair business.

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Online Credit Repair Business
Credit Repair Business Owner

Credit Repair Business Owner

90% of people fail as a credit repair business owner. Don’t let that discourage you. It’s actually a good thing because it weeds out those that make a poor decision regarding their business model. It should however, make you curious about why choosing a business model is so important. And, want to find out what the credit repair business model options are.

We’ll discuss the options below but just know that if you choose a business model where you are doing all the work (marketing, sales, service delivery) you will fall into the category of the 90% who fail. It’s inevitable. That’s not because of your abilities necessarily. It’s because there are only so many hours in a day and you HAVE NO LEVERAGE!

Think about it. As an employee working for someone else you were trading time for money. Go to work for a certain number of hours and bring home a check. If you didn’t work, there was no check. What would be different of you became a credit repair business owner and had to do all the work yourself? You still HAVE NO LEVERAGE!

You could never stop working. You couldn’t even make money when you took time off or got sick. Yes, you are working for yourself but you’re the only one that’s working!

Credit Repair Business Owner – Choose Wisely

It’s all about being an entrepreneur versus a solopreneur. Solopreneurs work for themselves but also by themselves.

But what if you could use leverage to have systems and people in place working for you? This is what entrepreneurs do. First, you could have more customers and make more income. Next, you could develop passive income by having others generate business for you. And, you’d have a system in place to deliver the services to all these customers.

How do you build something like this as a credit repair business owner? You can’t. Or, at least most of us can’t because we simply don’t have the time, money and expertise to do it. It takes years, millions of dollars, and decades of experience.

So, we’ve put this system together for anyone that wants to work smarter and not harder. And, become an entrepreneur as a credit repair business owner. Make no mistake. You still have to work hard. But why work harder at something that has a 90% chance of failing? Why not make a smart decision to begin with and work hard to build that?

Credit Repair Business Owner – The Solution

We’ve partnered with two other companies to build this system. First, a company that provides all the technology and infrastructure. This includes websites, customer portals, delivery of the services, customer support, and satisfaction of legal requirements in all 50 states.

The other company trains people on how to run a successful business and become a true entrepreneur. And, if someone wants to expand their business by developing a team of people to sell and build a business, they train them as well.

These two companies are both vitally important to our success and to yours. You can’t have one and not the other. You can’t have a vehicle and then not learn how to drive it. And, what good would it be to learn how to drive and not have a vehicle?

This system has proven to help people earn millions of dollars as a credit repair business owner. It’s also helped people have a credit repair service available to their clients from another business. They don’t have to spend all their time delivering credit repair. They can focus their time on their main business and still produce the result they are looking for.

If you want to learn more visit the BUSINESS OPPORTUNITY page on our website to watch a detailed video and schedule a time to speak with us.

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Create Passive Income in Credit Repair

To have passive income in any business you first have to ‘create’ passive income. In order to do that, you need two components in your business.

Passive Income – Two Components in Your Business

First, you must sell a product or service that your customers pay for again and again. You can’t sell something that your customers pay for once and create passive income. You’ll never be able to stop chasing new customers.

Second, you need to develop a network of people that are also selling your product or service. And, when they sell your product or service you get paid. If you try and create passive income from just your own efforts you’ll never be able to stop. That is, unless you think your customers will keep paying you forever.

Passive Income in Credit Repair

The credit repair business is not the perfect industry to create passive income. I didn’t say it wasn’t great. I said it wasn’t perfect. All that means is that you have to pay close attention to both steps outlined above. Recurring payments for the credit repair and other people selling credit repair so you get paid.

Think about it. The one thing about credit repair that you must realize right away is that when you sign up a new customer the first thought on their mind is, “how quickly will this work so I can stop paying”.

All that means is that in credit repair you’re going to be signing up new customers every month. And, every month you’ll have some customers stop paying you. Therefore, you have to keep replenishing your customer pool. That isn’t a big issue for the first few years. But trust me on this, at some point you’re going to get tired of chasing new customers.

The only way to overcome what I just explained is to have other people selling credit repair for you and you get a piece of the pie. Even though it’s a smaller piece than if you sold the service yourself.

passive income revolving door

The Efforts of Other People to Create Passive Income

I know, I know…this one is hard for some people to wrap their heads around. And, even harder to figure it out and make it work. To create a system on your own that allows you to sell directly to customers yourself is hard enough. To create a system that allows others to sell for you and get paid well, and you get paid too, is really hard.

We’ve  Got the System to Create Passive Income

We have a system to help you create passive income in credit repair. Not only that but this system overcomes all sorts of challenges when starting a credit repair business.

  • Federal and State Laws
  • Service Delivery
  • Technology (websites, software, customer reporting
  • Marketing (videos, brochures, landing pages)
  • Payment Processing
  • Developing a network of others selling the services
  • Credit Repair Business Training
  • And more…
Robert-Kiyosaki-Quote

It’s brilliant actually. I can’t take credit for it. I didn’t create this system. But my wife and I have taken advantage of it to build a credit repair business that generates about a $million a year in revenue and a nice six figure income. And, we do it from a home office.

Of course, there’s more to know, right? But you have to have an open mind. You have to realize that there are people that figured this out way before you even thought of having a credit repair business. The one thing I’ve learned in business is to find people that are already successful and follow what they do.

So, here’s a great suggestion. Visit the Business Opportunity page on our website. Watch a couple of videos. If you like what you see schedule a phone appointment with us.

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Create Passive Income in Credit Repair
ERA Credit Services Joins Forces with Entrepreneurs International

ERA Credit Services Joins Forces with Entrepreneurs International

ERA Credit Services has reached an agreement to join forces with Entrepreneurs International, Atlanta, GA. Entrepreneurs International (EI) provides transformation training for people wanting to learn the mind set and skill set necessary to become successful in an entrepreneurial endeavor. EI also has developed specific credit repair business training and financial services business training for ERA Credit Services Agents.

EI provides online and conference call training as well as live seminars in regional locations around the country. The goal is to instill in new or veteran entrepreneurs and business owners the intrinsic values and skills necessary to think and act like a successful business owner.

EI was founded in 2017 by Gregg Amerman, Frenita Amerman and Joe Locke. Combined they have over 75 years of successful experience in the direct selling industry. They have generated over $250 million in revenues during that time. This group has developed an entrepreneurial training curriculum and has trained tens of thousands of people around the country.

In addition, co-owner of ERA Credit Services, Dale Guiducci has become a trainer for EI. Dale will conduct regional 2 day training events called Secrets of Success. He will participate in conference call training and other training platforms as well. Secrets of Success covers all aspects of building a successful financial services and credit repair business training. These events also instill principals for success in any business endeavor.

ERA Credit Services will introduce each of its new Agents to the EI training curriculum. Dale Guiducci stated, “The background and track record of the founders of EI is unmatched. What they bring to the table for our new Agents will help each one avoid the pitfalls most people encounter when running a business. It will also help us advance our existing Agents to the next level of success in their business.”

Secrets of Success trainings kick off in January of 2018 in 8 cities around the country. EI will hold its annual convention at the JW Marriott in Orlando, FL on February 9 – 11.

Anyone interested in learning more about the Entrepreneurs International credit repair business training curriculum, or about how to start a credit repair business or start a financial services business should contact Dale & Shirley Guiducci at 727-222-0120 or visit Credit Repair Business Opportunity.

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Home-Based Business Seminar & Training

I Want to Personally Invite You
to Come Out and See Me Next Friday Night
October 6th at 7:30pm
in Orlando, Florida!

Free and Open to the Public
Invite Your Friends & Colleagues

home-based business overviewLearn About a Home-Based Business
That You Can Start with $500, Work 10 to 15 Hours a Week, and be Taught How To Do It by People That Have Done It

Then on Saturday & Sunday…

I will be conducting a training seminar that will provide you with the mindset, skill-set, knowledge, system, action plan, tools, awareness, motivation and confidence to build a successful business as well as a superior quality of life!

Perfect for Both New & Veteran Business Owners

If You’ve Never Been to Our 2 Day Training
You Owe It to Yourself to Attend

home-based business seminar

For More Information or to Register for the Weekend
Visit Secrets of Success

To Contact Me Directly
Visit http://eracreditservices.com/contact/

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Reasons Why Credit Repair StartUps Fail

Reasons Why Credit Repair StartUps Fail

We started a credit repair business 5 years ago and have developed it into a very successful business that will produce nearly $1 million in revenue in 2017. The truth is that we didn’t know a lot about the industry at the time. Nor did we have a successful track record of owning a business or being an entrepreneur. We’ve learned a lot over those 5 years. We’ve discovered the keys to running a thriving credit repair business and want to share the reasons why credit repair startups fail.

Let’s assume someone navigates through all the federal and state laws and has the time and money to get their credit repair business started. What are the unforeseen challenges lurking around the corner and the main reason why credit repair startups fail?

TIME

Do you have the time to find clients, sell to those clients, and service those clients? People often underestimate the time it takes to do marketing, sales, and service delivery. Sure you can get your first clients simply through word of mouth. Everyone knows people that need help with their credit score. But what happens when that pipeline dries up? You need a professional, focused marketing approach that will get your phone ringing from the general public. Then you need to know your competition in order to sell against them. You also must know how to add value to your service when speaking to a client prospect. In other words, you have to be a good, if not great salesperson. Then you have to deliver a great service to the client. This all requires time.

TECHNOLOGY

One of the biggest reason whys credit repair startups fail is due to competition from bigger companies. And, one of the components you need to compete with big companies is technology. Do you have a portal for your clients to use to stay informed of the progress of their account? If not, will it be enough for you to call them continually or them to call you? And once again, do you have the time to keep your clients informed this way? That’s just one piece of technology you’ll need. However, there’s much more needed.

TEAM

Having the time to run your business is a huge issue. A lot of people want to start a credit repair business part-time for extra money. Possibly they have the intent of building up their business and turning it into a full time operation at some point. Quite often they eventually realize that trying to get a business to the point of leaving their job requires much more time than they anticipated. The only solution to that problem is to have a team of people available for Customer Support and Sales.

Before you invest a lot of money, time, energy and effort into starting a credit repair business you need to heed this warning. Most credit repair startups fail because the people that start them do not have the time to make it work. And, they don’t have the time or expertise to develop a team for Customer Support and Sales to save them time. It’s a Catch 22, a conundrum!

TRAINING

Yes, I understand that companies on the internet will sell you software and a website and tell you that it’s easy. I’m telling you that there’s nothing easy about it. There are companies that will train you on how to do credit repair and even give you a certificate. But they don’t teach how to get customers and how to sell your service. They don’t teach you how to position yourself against the competition. They don’t teach you how to be a successful business owner. They don’t teach you how to be an entrepreneur.

You not only need training on how to market your business, but also how to sell to customer prospects once you get them. But the biggest factor is to get trained on how to think, act and be a successful entrepreneur.

HERE’S THE SOLUTION

We owned a business prior to starting a credit repair business. Therefore we already realized some of the pitfalls described above. We wanted to avoid the several reasons why credit repair startups fail. So, we found a credit repair business opportunity that offered solutions to these pitfalls.

This opportunity provides us the ability to save time because we don’t have to provide the service delivery. We have an expert team available to us that does that for us. And, they handle customer support far better and more efficiently than we could do for ourselves. They provide all the technology we and our clients need, and more! They allow us to go out and build a sales team all over the country so we do far more business than we could ever do ourselves. And, they’ve trained us on all aspects of the business.

And you know what? We initially invested less than $500 in our credit repair business! We now earn well over $100,000 working from home.

In a nut shell we are successful entrepreneurs because they provide everything that we couldn’t. It would take millions of dollars to do what they already have. And, we have been able to avoid all the reasons why credit repair startups fail.

If this sounds like a better way, contact us. We’ll show you the business. You can determine for yourself if this can help you be successful as well.

credit repair start ups fail

There you can read more about this credit repair business opportunity that will help you avoid the reasons why credit repair startups fail. We have a detailed video that will explain what you need to know. Then you can schedule a phone appointment to get your questions answered. We look forward to hearing from you.

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Start a Business That Helps Others

According to Forbes, 70% of people hate their jobs. And ironically, 70% of Americans would prefer to be self employed. The question is, “what type of business should someone start?” Many want to start a business that helps others.

If you take a step back and look at the American society and economy you can see that a lot of help is needed for Americans today. It’s true that the unemployment rate has fallen steadily since 2010. And, generally the economy is in better shape. But the following is also true:

So, we’ve uncovered a few different ways to start a business that helps others. The most obvious is to educate and help the average American family understand the importance of saving for the future.

But in most cases it’s not just education regarding the need to save. Most families that don’t save will say they don’t have enough money. So, they must understand budgeting and debt reduction.

In addition, 68 million Americans have a poor credit score. This may cost them the most. With a low credit score they are spending far more than needed on interest payments on cars, homes and credit cards. By increasing their credit score the average person can save up to $200,000 and more in paying lower interest rates.

Further, 65% of Americans have no Will, and more don’t have a Living Trust putting their assets and family at risk.

Start a Business That Helps Others

These are areas of need that can be fulfilled by someone that wants to start a business to help others.

You may surmise that the underlying reason all of the above is happening is that the average American family isn’t making enough money. What if you could start a business that helps others by also showing them how to start their own home-based business helping others?

Think about it. You could have a business that helps others by offering services that educate them on how to save more of the money they earn. And, for those that want to earn more, you could show them how to start a business that helps others as well. And earn income from their business.

This is what we have been doing for the last 5 years. We have helped nearly 1,000 families get into a better financial situation. We’ve helped hundreds more start their own business to earn more income. And, we get paid on the production of those businesses.

We have changed our own financial situation dramatically. We also receive the gratification knowing that we help others every single day.

To Learn More About Starting a Business That Helps Others

Watch This Video

Then call us at (727) 222-0120 to talk about how you can start a business that helps others

Or visit Business Opportunity to schedule a phone appointment

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Start a Business That Helps Others
Start a Financial Services Business for About $500

Start a Financial Services Business for About $500

There are two powerful forces leading people to start a financial services business.

The first is the fact that our economy in the U.S., although doing better than 2008, is causing the average family to struggle. Think about it. Not too long ago one income families got along nicely. People were able to save for their kid’s college expenses and their own retirement. Today it requires two incomes just to make ends meet. In many cases, saving for college and retirement just isn’t happening.

The average family needs a solution. They need help with budgeting, debt payoff, increasing their credit score, preparing a will and living trust, and much more.

The second factor is that a growing number of people want to take back control of their own income, time, retirement and advancement. Companies no longer provide 401k programs and advancement opportunities as they once did. And, Forbes magazine claims that 70% of employees hate their jobs.

Therefore, smart entrepreneurial minded people are seeking a way to start a financial services business. They want to leave their job, work from home or open their own office, and take back control of their future.

Many people will look at financial services franchise opportunities. Often these opportunities require licensing and are very niche oriented. Certain financial services franchises concentrate in one area only such as loans, tax, or insurance.

The biggest factor in buying a financial services franchise might be the cost. Many require capital investments of $50,000 to well over $200,000. The least investment required is about $20,000. Someone can get a loan to buy a franchise but how long is that going to take to pay back? Why take on the risk especially when starting a financial services franchise in a field that is new?

We have an alternative. You can start a financial services business for an investment for under $500. Note that even though the upfront investment is very small, it doesn’t mean the return on investment isn’t every bit as large as purchasing a financial services franchise for $200,000.

The parent company, Financial Education Services (FES), has been in business since 2004. Over that time they have produced many Independent Agents that earn very strong 6 figure incomes. Some earn 6 figures per quarter. And, they run their business from their home or an office.

FES has a suite of financial services that focuses on helping the average family to become financially fit. Debt reduction and pay off (not debt consolidation), capital preservation, building positive credit, estate planning, and protection are areas of concentration. None of these services provided require the Independent Agent to be licensed. This allows for a quick start up in the business.

My wife and I started a financial services business with FES in 2012. We soon after closed our accounting business and work this business full time from home. We now live a lifestyle that we always thought about but never could make happen before. This lifestyle is partly due to our income but also because of the freedom it provides us. We take time off when we want, not when we are told we can.

If you would like to learn more about owning a financial services business you can simply give us a call after you watch the video below. This video will provide you with details on FES, the services offered, the compensation, training program and investment to get started.

Watch this video and give us a call right now! You have nothing to lose and everything to gain by taking a strong look at a great financial services business opportunity.

To Schedule a Phone Appointment Visit Business Opportunity

or Call Us at (727) 222-0120

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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
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