Since 2012 over 5,000 people have contacted me because they have an interest in knowing how to own a credit repair business. Most were 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. That’s what they should be concerned with and asking questions about.

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.

Starting a Credit Repair Business on Your Own

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 are 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 bring the most value to your client and to your business. In the credit restoration industry, fulfillment (credit report analysis, drafting dispute letters, and customer support) is the least valuable function because it's an admin function. You can pay someone else to do that job 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 through the use of the latest technology. All the marketing pieces, a website, professionally produced product videos and more have been prepared for you. The technology to keep your client, you, and any referral source you’re working with updated on the progress of that client is in place. We provide credit repair training on how to market and build a credit repair business. 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. You'll have access to convenient recorded and live online credit repair classes.

Get more details on the opportunity to own a credit repair business.

Or, simply watch the video below. You can then 'Book a Phone Appointment' with me. We’ll discuss the hours and skills you have and design a business plan that makes sense for you. I look forward to talking with you.

Book a Phone Appointment with Me or Get Started Today!


Please Note- Appointment Calendar is Set for Eastern Standard Time

This article which was originally posted in 2016 is updated regularly and was last updated in July 2023.

ERA Credit Services and/or its partners, Advisors, or affiliates make no guarantees to the level of financial success our Independent Advisors can achieve. Earning substantial income with this opportunity requires hard work, leadership, and dedication and some Advisors may make no money at all. All income you receive will depend upon your individual effort and ability.