ERA Credit Services

Author: Dale Guiducci

  1. Home
  2. Dale Guiducci
<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/05/How-to-Run-a-Successful-Credit-Repair-Business-625x415.png" alt="How to Run a Successful
Credit Repair Business – Warm Market" />

How to Run a Successful
Credit Repair Business – Warm Market

May 23, 2019
, , , , , , , Dale Guiducci 0

For years I’ve been blogging about “How to Start a Credit Repair Business.” I’ve discussed all aspects of getting a credit repair business set up, from federal and state laws to websites. If you are still researching that phase, then look through my Credit Repair Blog and YouTube channel for that sort of information. However, it’s time to start sharing aspects of how to run a successful credit repair business once it’s started.

These blog posts and YouTube videos will break down best practices to get a credit repair business off to a good start. As well, I’ll discuss communication tools, internet and phone apps, software, marketing techniques and much more. If you follow and read these blog posts, and/or watch the corresponding videos, you’ll learn exactly how I’ve developed a very successful credit repair business. In addition, you’ll discover how I do it from a home office and earn six figures a year doing so.

I’m going to address marketing first for 2 reasons. First, that’s what most people are concerned with and want to know about. Second, as I cover what I have done to market my business I’ll discuss the tools and technology I use to do so. So, let’s start where you should start, your warm market.

Start with Your Warm Market

I know. I get it. You most likely tensed up or even grunted when you read that last sentence. It seems that most people don’t want to let the people that they know, know they just started a new business. That’s just not logical. Further, it shows signs of insecurity about oneself or a lack of confidence in the business they’re starting.  Here’s the reality. If you don’t feel that the people closet to you, or even acquaintances, should know about your new credit repair business, the you shouldn’t start it.

On the other hand, if you’re excited about letting everyone know you’re available to help people improve their credit situation you already have a leg up on the competition. Now we just need to figure out the best way to do it. Do you do an email blast? Should you text everyone? Should you call key people? Let’s explore some possibilities.

The key is your attitude and how you’re thinking about it. You are starting a new business. And you want to learn how to run a successful credit repair business. Think of it as any new business. What if you were starting a new tax business? How about if you just got your real estate license? Or you were opening a new boutique. What if you bought a Sports Clips franchise? What would you do then? How would you get the word out to everyone that you know about your new business?

If I Did It All Over Again

Here’s something I would do if I were doing it all over again. In fact, this is something you could do a couple of times a year. Host a gathering at your home or a local restaurant. Get some finger foods and serve beverages. Wine and beer if you’re so inclined. If you’re not opposed to alcohol, I think it’s a good idea for the simple reason that a drink or two loosens people up.

Have flyers and brochures available and invite people from all aspects of your life. Some family members that are supportive and don’t think you’ve lost it because you’re not working for someone else. Call anyone you know in real estate, the mortgage business or banking. Invite other entrepreneurs you know in any business. Make it a good opportunity for people to get to know other people. Prepare to speak to the crowd that gathers for 5 minutes max about your new business and let the party flow.

If you’re more of a business or formal mindset you could host a presentation of your new business. You could do a PowerPoint presentation of your services and educate people on the importance of good credit. And you can close with how they can help you grow your business which is referrals. If they need help with their credit, they’ll tell you. Trust me. You don’t need to ask.

Just Get the Word Out

If you don’t want to go through the effort to do something like hosting a gathering, then you still need to contact people that you know. In our business we have developed phone apps for that purpose. All your contacts are automatically transferred to the app. Then you can send a contact a message letting them know about your business. If they express any interest in learning more, you can send them a link to a 2-minute teaser video.

By the way I would NOT do an email blast. That’s very impersonal, very old school, and most importantly ineffective.

Another bit of advice that might seem like common sense is do not approach people that you know as credit repair candidates. Again, if they need help let them approach you after they know about your business. Approach them by asking them to help you get the word out about your business. The people that you know, know a ton of people. You can expand your sphere of influence very rapidly by engaging your contacts.

If you embrace the idea of contacting your warm market this can not only get your business off to a great start, but it can keep you busy for a long time. And, for the most part, it’s free (except the appetizers and drinks part).

Incorporate the Efforts of Others to Run Your Credit Repair Business

Another unique aspect to our business model is that you can bring on others that also want to start a new business. Why not join you in the credit repair business? You could be full time while they just want to earn a little side hustle money. Or visa versa. Either way you earn a percentage of what they produce. By getting the word out to people that you know you could expand your business immediately. You’ll have people referring people to you. And, you might have some people that join you in the business and have a huge incentive to duplicate your efforts. That means they’ll be telling a lot of people about it too!

For more information about how to run a successful credit repair business subscribe to our YouTube channel.

For information on our turnkey business model and credit repair business training visit Credit Repair Business Opportunity.

How to Generate Solar Sales
with Credit Repair

May 12, 2019
, , , Dale Guiducci 0

How many sales are you or your company losing because homeowners cannot qualify for financing the installation of your solar system due to credit score? Homeowners typically need a credit score of 640 or above to qualify. And in some cases significantly higher. If you’re experiencing many situations where homeowners can’t qualify due to credit score pay close attention. I’m going to share with you how to generate solar sales with credit repair.

I started my credit repair business in August of 2012. In October of that year I went to a local street fair and stopped by a table that had been set up by a solar company. The young lady that was behind the table asked me, “have you ever thought about adding solar to your home?” I told her that I hadn’t. But I asked her, “How many times do you sell a solar system and the homeowner can’t qualify due to credit score?” She rolled her eyes and told me that it was an alarming amount. It was frustrating to her and the other salespeople. And, she told me that the turnover of salespeople was high because of it.

Solar Companies Lose Up to 50% of Sales Revenue

I got the manager of the company’s information from her and set an appointment to meet with him. He shared with me during that 1st meeting that (as of November) they had written contracts for about $100 million so far that year and over 50% of the homeowners didn’t qualify for financing. They had lost $50 million in sales that year because homeowners didn’t have the credit score to qualify.

I talked with him about how to generate solar sales with credit repair and we began working together. Each “turn down” they got was passed on to me. We enrolled several of these homeowners in our credit repair program and within a few months I was passing some of these homeowners back to them as qualified prospects.

How Many Home Owners Will Come Back?

Will every homeowner reach the credit score required by going through our credit repair program? No, not everyone. It will depend on why their credit score is low to begin with. Will every homeowner that increases their credit score come back to you and have you install solar on their home? No. They may change their mind or have other priorities by that time. It typically takes a minimum of 90 days and up to 6 months or longer in some cases.

But you will get some of them back. Wouldn’t it make sense to start building a pipeline of homeowners that potentially will come back to you as motivated and now qualified prospects? What if it added just 10% to your revenue each year? Depending on the amount of sales you or your company does on an annual basis, it could mean millions of dollars in sales.

Partnering With Us to Increase Solar Sales with Credit Repair

Because we are able to do business in all 50 states we have helped solar companies all over the country. To learn more about what we do for credit challenged consumers visit our Partner page. There you can watch a video about how we partner with professionals in real estate, the mortgage business, bankers, solar salespeople and solar companies. You’ll also see an icon where you can book a phone appointment with me, Dale Guiducci. We’ll talk about your situation and formulate a game plan to generate more solar sales for you.

One Other Option to Consider

Some solar salespeople become Agents with our company. Instead of just referring the client to us they sell our services to that client and generate the income associated with the sale. As an example, Nick Jones out of North Carolina started selling our credit repair service in 2016. Today he has a credit repair business that will generate over $300,000 in sales this year. For details on our credit repair business visit our Business Opportunity page.

<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/05/How-to-Generate-Solar-Sales-with-Credit-Repair-625x415.png" alt="How to Generate Solar Sales
with Credit Repair" />
<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/05/Credit-Repair-and-Network-Marketing-625x415.png" alt="Credit Repair and Network Marketing
The Perfect Business" />

Credit Repair and Network Marketing
The Perfect Business

May 2, 2019
, , , , , , Dale Guiducci 0

When looking for a home-based business opportunity it makes sense to look for a company that has already built a strong business infrastructure. Then an individual can plug into that infrastructure to have everything they need to run a successful business from the start. That includes all kinds of tools and systems from marketing to merchant services to adherence to federal and state laws. In this case I’m going to discuss an opportunity that combines the large and ever-expanding market of credit repair and network marketing.

Yes, Network Marketing!

If you just rolled your eyes or had the hair on the back of your neck stand up, read on for a bit. Let me address a common criticism about the network marketing industry. That is that most people that try network marketing fail. That’s true. But that’s also true about any independent opportunity that involves sales. The vast majority of people are poor at sales. Yet believe that they’ll be successful in an opportunity that requires selling and people skills.

There is a common theme one needs to keep in mind when judging the network marketing industry. No matter the company, there are people in that company that are doing very well. Therefore, it’s not the industry that prevents people from having success, nor perhaps even the company. In most cases (not all) it is a lack of skill and/or effort on the part of the individual.

OK that is out of the way and you’re still reading. That means you appreciate the benefits of network marketing in relation to building a business. And, you believe that you have some people and sales skills. Perfect!

The Opportunity

I have been part of a company since 2012 that has a very strong credit repair service with an A+ BBB rating. They have also addressed specific challenges within the credit repair industry such as federal and state laws. And, they have a well-trained staff that does all the credit repair service delivery for the distributors (we call them Agents) in the field. This gives the Agent the ability to work this business on a part-time basis. Or, if they work it full time, it gives them more time to go out and find more clients. And, build a team of other Agents (the network marketing piece).

A big benefit to this opportunity that combines credit repair and network marketing is that Agents do not have to do the network marketing side of the business. They can simply sell the services and get paid $100 per transaction plus monthly residual income for as long as the client stays on service. This makes it a great opportunity for people in credit-related industries such as real estate, mortgage, and solar (and other industries). They can simply utilize the credit repair service to increase their primary business.

Building a Team

However, the compensation plan gets very lucrative if someone does want to build a team of Agents around the country. They too get paid on each client transaction but also earn bonuses and overrides on their team. Personally, I do both sides of the business and earn a six-figure income from home. The company also pays for the car that sits in my garage.

Something else that is important to mention is that this opportunity brings together two large markets. The huge and ever-expanding credit repair market. And, the market of people that need a 2nd income that doesn’t take up a lot of their time. Most people know others that have challenges with their credit. And/or they know people in real estate or the mortgage business they could help by turning their credit challenged clients into qualified buyers.

Credit Repair First

This company is a credit repair company first and a network marketing company second. If you have experience in the network marketing industry, you’ll appreciate the difference. Most companies in the network marketing industry could plug in any product to their program. This company however, is built around the concept of being the best credit repair company in the country and competes very well against companies that have a traditional business model. This makes the opportunity even more lucrative because an Agent can go to a real estate company, mortgage company or bank and compete for their referrals of credit challenged clients.

There is a lot to learn about this company. Too much to address here. But if you are intrigued about such an opportunity that combines credit repair and network marketing watch the video below. Then below that you’ll see an icon that will bring you to my calendar. I encourage you (only after you watch the video) to book a phone appointment with me, Dale Guiducci. We can address any remaining questions you have and have a general discussion about whether this might be a mutually good fit.



Build a Credit Repair Business
with Your Phone

April 16, 2019
, , , , , , Dale Guiducci 0

As with any business, prospecting for customers is critical to its success. It requires networking, developing referrals, or advertising. Perhaps all 3. And, to get the word out initially, you’ll want to make your existing contacts aware of your new business. It can be one of the functions credit repair business owners like the least and takes most of their time. But what if you could build a credit repair business with your phone?

Using a phone app to share your business with people could save a lot of time. You could contact more people and do it quicker than calling them. Today people will be more likely to look at messages coming through their phone than listen to voice mails. Or, even answer their calls. HubSpot maintains, “mobile access to sales systems aren’t just nice to have — they’re a necessity”. That is why we have developed phone apps for our independent Agency business owners. Our phone apps streamline the process of contacting people to make them aware of their new credit repair business.  And, it allows them to get information out quickly to those that have inquired about credit repair and other services.

Help for Part-time Credit Repair Business Owners

Many of our Agency business owners start part-time while they maintain a job or other business. If someone inquires about credit repair, they typically must wait until they leave work to contact their prospect. Now very quickly they can open their app and send them a 90 second video or link to a mobile web page to provide them with information. Then they can follow up through the app or call them later. Our phone apps allow our credit repair Agency owners to operate their business from literally anywhere there is cell phone service.

Sales Funnels Ready to Go, Day One

To further help build a credit repair business with your phone, we have also developed sales funnels for online advertising or posting to Facebook, Instagram and other social media platforms. Our sales funnels come with lead capture pages containing informational videos. It also has a complete CRM system our credit repair Agency business owners can operate right on their phone. Now anyone can generate leads using social media or Google.

Our credit repair business opportunity has always been a great option for those that didn’t have the time or money to start a credit repair business on their own. With this new marketing system that can be completely operated on a cell phone, we have upped the game in the credit repair business. We have now opened the credit repair business opportunity up to many more people that wouldn’t have the time to operate their business while still at a job.

Learn More About Our Credit Repair Business Opportunity

If you would like to know more about owning a credit repair Agency visit Credit Repair Business Opportunity. There you will watch a 20-minute video explaining all the details. Then you can book a phone appointment and speak directly with me, Dale Guiducci. You’ll get all your questions answered and I’ll share my experience of building a credit repair business that generates nearly $1 million in revenue annually all from my home office.

<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/04/Build-a-Credit-Repair-Business-with-Your-Phone-500x415.png" alt="Build a Credit Repair Business
with Your Phone" />
<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/04/how-to-use-credit-cards-to-build-credit-score-625x415.jpg" alt="How to Use Credit Cards
to Build Credit Score" />

How to Use Credit Cards
to Build Credit Score

April 14, 2019
, , , , Dale Guiducci 0

People fall into 2 major categories. Those with credit cards and those without. Whether you’re in one or the other you need to know that credit cards are an essential element in improving your credit score. So, let’s talk about how to use credit cards to build credit score for both groups.

People Without Credit Cards

I totally get it. Maybe you’ve had credit cards in the past and things got a little out of hand. You let the balances get a little too high and had a hard time paying them off. Now you just want to pay cash for everything and stay out of trouble. That would be a good plan if you didn’t need to finance anything, ever. You would never need a mortgage or a car loan. You’ll never try to rent an apartment. No need for car, renters or home owners insurance. Or, you simply move to a country where credit scores aren’t checked like they are here in the States. But let’s assume you stay in the U.S. and eventually need to do some of these things. If you don’t have at least one credit card you are missing a very important tool for building a good credit score.

How a Credit Score is Calculated

Payment History- 35%
Amounts Owed or Debt Utilization- 30%
Length of Credit History- 15%
New Credit- 10%
Types of Credit- 10%

Getting or having a credit card can positively impact all 5 of these categories. That’s assuming two things.  Payments are made on time, and balances are kept under 30% of the limit of the credit card limit. Using revolving credit such as a credit card also shows future creditors responsible use of credit.

You may not think it’s fair to have your credit worthiness judged based on these or any other factors. Or judged at all. But those are the rules that all people living in the U.S. must play by if they want to be able to get credit. If you do not have at least one credit card you are going up to the plate without a bat in hand.

Want a Credit Card but Have a Credit Score Too Low to Get One?

Get a secured card.  Secured credit card issuers will give you a card because they ask you to put an amount of money on account with them to “secure” the card. They, in effect, are getting their money up front in the event you don’t pay the balance. That amount is equal to the limit of the card. This is a great way for you to insure you don’t get irresponsible with credit cards. If you get a secured card make sure it reports to all 3 credit bureaus to best help you build your credit score. Here’s one that we recommend.

The First Progress Platinum MasterCard® Secured Credit Card

People with Credit Cards

Good for you! You are utilizing a tool to help you have a positive credit score. But that tool can become a double-edged sword in a few ways. I already shared one way. If you let the balances go over 30% of the limit of the card and can’t pay it down quickly, you are then hurting your credit score. Pay very close attention to this. Know what your credit card limits are. If you go over that 30% threshold stop using the card and pay it down.

However, there’s more to pay attention to if you have credit cards

If you do not pay the balance down to zero every month this is important. What’s the interest rate or APR on that credit card? Even if you keep your balance below 30% you are still paying interest on that balance very month. The interest you pay can add up to more than half of the balance. In some cases the interest paid can far exceed the balance.

Example
$1,000 balance
25% interest rate
$30 minimum payment (3% of the balance)
By making only minimum payments it will take over 11 years to pay that balance off and it will cost you $1,499 in interest. So that $1,000 balance turns into $2,500 paid to the credit card company. And, this assumes you don’t use the card at all during this time period.

How to Use Credit Cards to Build Credit Score

  • Get out a note pad. Write down all your credit cards (Note- if you have more than 3 credit cards you might be hurting your score by having too much credit available. However, DO NOT CLOSE AN ACCOUNT IN GOOD STANDING. It will negatively impact your credit score. Just don’t use the excess cards)
  • Look at your statement or call your credit card company and determine the limits on the cards
  • Note the balances
  • Write down the interest rates
  • List the minimum payment amounts for the current balance

Pay attention to the following:

  • Are your balances above or below 30% of the credit card limit? If so, by how much?
  • Is the interest rate on any of your cards above 17.67%? That is the current average APR (average percentage rate) on all credit cards as of the date of this post. To check the current average credit card APR just Google it.
  • Are you paying more than the minimum payment each month? If not, start doing that even if the balance is below 30% of the limit. The goal is to pay as little interest to the credit card company as possible. That’s money out of your pocket.
  • How long will it take you to pay that card off using your current average monthly payment? To determine this use this Credit Card Interest Calculator 

If your balances are 30% or more of the limit establish a plan to pay them down. Stop using the cards until you have accomplished that goal. Then once you start using them again keep the balances under 30%.

What If Your Balances Are So High You’re Getting Eaten Alive by Interest?

If the balances of your cards are out of hand and you can’t afford to make more than the minimum payment then you need to get out of that card. How do you do that? By looking for offers to transfer that balance to a new credit card that gives you a year or more interest free!

This is a great strategy because it will give you a year to make payments that are applied completely to the principal balance. That means every dollar pays down the balance. This could give you the opportunity you need to pay down or pay off that card!

To find offers for transferring balances on existing cards visit No Interest Transfer Balance Credit Card Offers

Conclusion- Use these quick and simple steps on how to use credit cards to build credit score.

If you have credit cards pay attention to how you’re using them and play the credit game as well as you can. If you use your credit cards correctly you can impact your credit score significantly.

If you have negative accounts on your credit report we can potentially get them removed for you. For more information visit Credit Repair

The 7 Habits of Highly Effective
Credit Repair Business Owners

April 7, 2019
, , , , , , Dale Guiducci 0

The credit repair business is a great home based business option. You can help a lot of people and it can be very lucrative.

However, the business failure rate is extremely high if you don’t have the right business model or operate your business in the right way.

Learn the habits that successful credit repair business owners have in common and avoid the mistakes many make.

7 habits highly effective credit repair business owners

After you get this FREE Download visit
18 Things You Need to Consider to Start a Credit Repair Business

Extract – The 7 Habits of Highly Effective
Credit Repair Business Owners

Credit Repair is a great choice as a part-time or full-time business. You help people improve their lives while having the opportunity to change your own. However, there is much to learn about starting and running a credit repair business. In the 7 Habits of Highly Effective Credit Repair Business Owners I give you 7 key elements from my experience as a highly successful credit repair business owner. I believe this is the most honest and candid information about the credit repair business that you will find. I hope you find it valuable as you do your research into this dynamic and potentially lucrative industry.

The Ultimate Goal – Interdependence

The late Stephen Covey published ‘The 7 Habits of Highly Effective People’ in 1989. It has now sold over 25 million copies in 40 languages around the world. He outlines 7 specific habits that we should develop to move us through stages from Dependence to Independence and finally to Interdependence.

Interdependence, the ultimate goal is “the paradigm under which we cooperate to achieve something that cannot be achieved independently.” Read this sentence again. It is a theme discussed in different ways by nearly every author of business building and personal development information from Napoleon Hill to John Maxwell. Robert Kiyosaki maintains that in order to reach financial independence we must develop systems and networks. By developing systems and networks we become ‘interdependent’ and thus can rely on others to help us produce far more than we can on our own.

To test this theory, try and think of just one highly successful individual that did it all on their own. My first inclination is to think of professional athletes. They surely were alone in achieving their success, weren’t they? In sports you perform as an individual even if part of a team. Yet in virtually every Hall of Fame speech the athlete runs out of time giving thanks and credit to dozens of people that impacted their career. And without whom they wouldn’t be standing at that podium on that day.

The 7 Habits of Highly Successful Credit Repair Business Owners

The 7 habits listed below are separate concepts and each will help you build your credit repair business. But combined they will help you go from Independence to the ultimate goal of Interdependence. They will help you achieve much of what Covey, Hill, Kiyosaki and many others have been trying to teach us for decades.

In ‘The 7 Habits’ Covey lists the 1st habit as ‘Be Proactive’. I’m going to assume you are already being proactive because you are taking the time to read this. You want to discover the missing keys to your success in credit repair. Therefore, I’m going to take his 2nd habit, ‘Begin with the End in Mind’ and make it our 1st habit.

To read the entire 7 Habits download it now…

After reading the 7 Habits of Highly Effective Credit Repair Business Owners if you want to discover a highly effective credit repair business model and then speak directly with Dale Guiducci visit
Credit Repair Business Opportunity

<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/04/7-Habits-of-Highly-Effective-Credit-Repair-Business-Owners-Final-469x415.png" alt="The 7 Habits of Highly Effective
Credit Repair Business Owners" />
<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/03/what-you-need-to-start-a-credit-repair-business.jpg" alt="What You Need to
Start a Credit Repair Business" />

What You Need to
Start a Credit Repair Business

March 28, 2019
, , , , , , Dale Guiducci 0

For several years I have been blogging and producing videos about how to, and what you need to start a credit repair business. If done correctly the credit repair business can be an incredibly lucrative and rewarding home-based business. However, it’s all about the business model. If someone chooses the wrong business model it can be a failure before it gets off the ground.

The reason I am qualified to share this information is that I started my own credit repair business in 2012. Today that business produces nearly $1 million in annual revenue and provides me a very comfortable 6 figure income. I have worked from home the entire time and control my schedule. My wife and I travel whenever we like. I can decide to work while traveling or have someone on the team work my business for me and shut down completely.

The revenue, income and time freedom I enjoy are all a result of the business model we chose. I cannot stress this enough. You can choose to go it alone and start a credit repair business all on your own. I contend that if you choose this type of business model you will never generate the revenue, income and time freedom you perhaps desire.

What Are You Trying to Accomplish?

I believe that in order to start a successful credit repair business you must look at what you want that business to accomplish for you before you start it. You must also think about what you need to start a credit repair business. What are all the components of a credit repair business? Then decide how you’re going to implement them.

The chart below is a list of items you must consider before you begin any work on starting your business. As you will see there is a lot to think about. You can easily compare starting a credit repair business on your own versus joining our company as an independent credit repair agency owner.

Please note that an independent agency is a business that you own. You can sell that business or will it to your heirs just like starting your own business by yourself. However, as you can see, the advantages are many.

If you want to explore more about owning an independent credit repair agency I give you the process of doing that below the chart.

Considerations

Start Your Own Business

Own an Independent Agency

Surety Bond if Required by Your State

Cost can range between 1% to 15% of the bond amount depending on many factors including credit score. Click here to learn more about surety bond amounts by state and costs

No Surety Bond Required as you will represent a 501(c)3 non-profit credit repair company which is exempt from CROA

Business Territory

Can only do business in the state for which you have a surety bond or are registered

Can do business in all 50 states and U.S. territories (Puerto Rico, U.S. Virgin Islands, etc.)

Software to Generate Dispute Letters

Cost and benefits will vary. Training is required to operate the software. Click here for several credit repair software choices

No software is required as you will have a dedicated staff that generates dispute letters for your clients

Website for Marketing

Build it yourself or pay someone to do it for you. Costs will vary depending on size of site and technology incorporated

2 websites are provided for you (Customers & Business Development) at no cost. You can brand yourself or a company name. Websites can be set for 6 languages.
Website for Customers
Website for Business Development

Online Marketing Tools for Lead Generation

Must develop yourself or purchase

Individually branded sales funnels and phone apps provided at $20/month with the potential of getting it free

Merchant Services (the ability to take credit & debit cards)

It is very difficult to find a merchant services company that will work with a credit repair company especially when new and not established

Provided by the company at no charge

Pulling Credit for Clients

It is very difficult to find a credit report broker willing to work with a credit repair company. Most small credit repair companies ask the client to pull their own credit

Provided by the company at no charge

Marketing Materials (Brochures, Flyer, Folders, Business Cards) compliant with Federal Trade Commission & state law

Create yourself or pay someone to generate FTC and state compliant marketing materials

Provided by the company at a nominal fee

Capital Required to Get Business Started

Estimated to be between $2,500 and $10,000

$288

Time Required to Get Business Started

Could be weeks or months depending on owners commitments to a job or other business

Be in business today

Credit Repair Training

Online or seminar courses. Costs will vary

Training on the credit repair process and federal laws, and the probability of item removal provided at no cost

Business Training

There doesn’t appear to be any specific training available on how to build a successful business

Online video training, live weekly training through the internet, and one on one coaching provided at no cost

Online Client Progress Reporting

There doesn’t appear to be any specific software available to give clients online access to their credit repair progress

Provided to the client and the independent Agency at no cost

Client Services Provided

Typically only removal of derogatory items limiting the increase in clients credit score (Payment History 35% of score)

10 services in addition to credit repair provided to increase, monitor and protect 100%  of clients credit score at no extra charge
Click for details

Customer Support

Provided by business owner or staff must be hired. This can be a challenge if business owner is committed to a job or other business, or working with new clients

Provided by company at no charge 9 am to 9 pm Monday – Friday Eastern time in English & Spanish

Referral Reporting

Keeping referral sources, such as real estate & mortgage professionals, up to date on the progress of the clients they refer to you can be a challenge. There doesn’t appear to be any specific software available for this

Referral sources receive an online portal linking them to progress reports of the clients they refer to you

Business Growth Potential

Limited based on the owner doing all the credit repair admin work, marketing, sales, and all other aspects of the business. If staff is hired it reduces profits generated from clients

Unlimited for 2 reasons. The company and staff provide all work and materials except marketing & sales. And Agencies, at no cost to them, can bring on an unlimited number of independent Agents to expand the business throughout the country. As the number of Agents grow so does the revenue & profit from the business

Experience Required

Because all knowledge of credit repair and building a business must be acquired at a cost, it is beneficial that the owner have as much previous experience as possible

No previous credit repair or business experience is necessary. Of course, if the Agent has previous experience in either it will help their business grow faster

If You Want To Learn More About Joining Us
as an Owner of an Independent Credit Repair Agency
Watch This Video for Details

If You Like What I Shared in the Video About Working with Us
in the Credit Repair Business, Lets Talk!

Click the icon below and pick a day and time that works for you.
I’ll call you at that time.
We’ll have a conversation to see if this credit repair business model is the right fit for you.

Best Credit Repair Services

March 21, 2019
, , , , Dale Guiducci 0

For nearly 7 years I’ve been on a mission to tell people about what we do. That we offer not only credit repair, but a package of the best credit repair services to work on 100% of their credit score. To understand the distinction requires a bit of an explanation.

Credit repair, which is offered by many companies, is the removal or deletion of derogatory accounts from a credit report. This is all that the majority of credit repair companies offer. But this only impacts 35% of a consumer’s credit score which is called ‘Payment History’. The other components of a credit score are:

Amounts Owed- 30%
Length of Credit History- 15%
New Credit- 10%
Types of Credit- 10%

We offer the fastest, most effective credit repair service allowed by federal law. We do a great job of removing negative items from our client’s credit reports. However, we also provide other credit repair services to build all, or 100% of our client’s credit score. This gives you the biggest boost to your credit score.

Get the Maximum Boost to Your Credit Score

Most people when they come to us need us to remove some negative items from their credit report. But in order to get the maximum boost to their score, they need to add positive credit accounts to their credit reports. We provide recommendations on how to do that and we have a service that no one else in our industry has. We call it ‘Credit My Rent’.

Credit My Rent adds a client’s monthly rental payment of a home or apartment onto their Transunion credit report. We can add up to the previous 2 years of these payments. This will boost Length of Credit History (15%), New Credit (10%), and Types of Credit (10%).

Eliminate Negative Accounts & Add Positive Accounts

We also educate our clients and provide online tools to help them pay down their existing debt. Most people think that as long as they make their minimum payment on their credit card they are maximizing their credit score. This is not true. To get the maximum credit score, credit card and other revolving credit balances must be 30% or less of the limit.

Of course, to pay down credit card balances is easier said than done. We give our clients on online tool to show them how to pay down their balances using the same amount of money they currently spend on monthly debt. This impacts the Amounts Owed (30%).

Other credit repair services we provide free of charge are online credit monitoring, identity monitoring and theft protection, a budgeting tool and more.

Get the Best Credit Repair Services in Tampa Bay

If you want the maximum boost to your credit score look below and choose the most convenient way for you to contact us. We’ll explain all of our credit repair services to you. You’ll be very impressed that we provide these services for the same or less cost than most companies charge for credit repair alone. And remember, credit repair alone only impacts 35% of your score. We’ll boost 100% of your score!

WE GIVE YOU 3 OPTIONS

Option 1- Call us at 727-222-0120

Note- we are super busy helping our clients. If you get our voice mail please leave a good time to contact you. Thanks!

Option 2- Input your info and we’ll contact you within 24 hours

Option 3- Click below to Choose the Day & Time You’d Like Us to Call

AND, we’ll take $50 off when you book an appointment!


Appointment Calendar is Set for Eastern Standard Time

Best Credit Repair Services
<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/03/Start-a-Credit-Repair-Business-in-North-Carolina-625x415.png" alt="Start a Credit Repair Business
in North Carolina" />

Start a Credit Repair Business
in North Carolina

March 2, 2019
, , , , , , Dale Guiducci 0

Many people in today’s economy decide to start their own business. Possibly they just need a 2nd income. Or, maybe they want to leave their job and work for themselves. After doing some research it makes sense for many to start a credit repair business in North Carolina.

I have owned a business that markets credit repair and related services since 2012. Here I give you the Pro’s and the Con’s of starting a North Carolina credit repair business. Then I offer you a solution that will offset all of the Con’s and is the very best credit repair business solution in the country.

The Pro’s of Starting a Credit Repair Business in North Carolina

The Con’s of Starting a Credit Repair Business in North Carolina

This list includes the con’s of starting a credit repair business anywhere in the United States

  • The cost of starting a credit repair business can be high
    • A requirement to start a credit repair business in North Carolina is to obtain a surety bond. The bond must be in the amount of $10,000. The cost of the bond will be dependent on your credit score and other factors. The lowest cost for a surety bond that I could find was $200 annually with excellent credit.
    • To be in business today you must have a website. You can hire someone to build it for you or build it yourself. Costs will vary. Even if you have the skill to build it yourself using Wix, WordPress or another service, there are other costs. You must pay for hosting, an SSL certificate, a related email address, and more
    • You will need to purchase software. The cost of credit repair software ranges from $30/month to $400/month.
    • Marketing materials are a must to be in the credit repair business. You could start off with just business cards and flyers. But in order to compete with other companies you will want to have tri-fold brochures and even marketing videos. This can get very costly
    • Providing your clients online access to their credit repair information and updates to the progress may be cost prohibitive when you’re starting out. But just know that other companies provide this and it’s something you’ll have to convince your prospects that they don’t need

Even if you have the capital to start a credit repair business in North Carolina
have you considered the following:

  • Working alone in your credit repair business will limit the amount of business you can do. Many under estimate the time to work on a client’s credit repair. They also don’t consider the amount of time for marketing to new prospects and selling to those prospects
  • Initially you may not have other services available to increase a client’s credit score. Removing negative items from a credit report only accounts for 35% of a credit score. Can you provide other services to impact the other 65%?
  • When you start your business you have no reputation, credibility or trust built up in the market. Many times consumers look for a Better Business Bureau rating or reviews to help them make a decision. You will want to create listings on Yelp, Google, and other services. You will also need to have social media pages/accounts on Facebook and other platforms. If no one can look you up on the internet they will not trust your business
  • There is a lot of competition in North Carolina in this industry. All the large players are in the state and can offer more services and more technology
  • You will have to have competitive pricing. And, if you are not an attorney, bank or non-profit organization you cannot charge fees for service until they are performed. You can charge a nominal start-up fee

The Best Solution for Starting a Credit Repair Business in North Carolina

Start a credit repair agency in North Carolina through ERA Credit Services. Here’s what you’ll have immediately:

  • A customizable website with your information
  • The ability to brand your own company name if you choose
  • An online business portal to monitor all business activity including customer progress
  • A staff to perform all credit repair administrative work including analyzing credit reports and drafting dispute letters
  • No software purchase is necessary
  • Customer support in English and Spanish available for your customers Monday through Friday 9 am to 9 pm Eastern time
  • Customers receive the fastest, most effective credit repair service in the country and other services to help increase 100% of their credit score
  • Your customers will have their own online portal to monitor the progress of their credit repair and other services
  • Professional marketing materials including brochures, flyers, folders, business cards, and videos
  • A sales funnel system for online marketing
  • A flexible online training platform so you can learn this business on your schedule
  • Weekly live training sessions from Dale Guiducci through our private Facebook group
  • You’ll represent a credit repair company with an A+ Better business Bureau rating and a National Association of Credit Services Organization certification
  • You can do business in all 50 states immediately with no surety bond required
  • Get started for $288.00 with no monthly business fees

Starting a Credit Repair Business in North Carolina
with ERA Credit Services gives you all the Pro’s and none of the Con’s

Want to learn more about
how to start a credit repair business in North Carolina?

Watch this 20 minute video and then Book a Phone Appointment to speak directly with me, Dale Guiducci. I am the owner of ERA Credit Services. I started a credit repair agency in 2012 and now do business all over the country and I’ll show you how.

Watch This Video

 

Book a Phone Appointment with Dale Guiducci

Credit Repair USA Review
Comparison with ERA Credit Services

February 23, 2019
, , , , , Dale Guiducci 0

A key decision to make when starting a credit repair business is the type of business model. You can start it from scratch, buy a franchise, or become an independent representative. Our company, ERA Credit Services, utilizes the latter option. There are others that do as well. And, one of those companies is Credit Repair USA. Below is a Credit Repair USA review and comparison with ERA Credit Services.

This Credit Repair USA review and comparison with ERA Credit Services is designed to be as objective as possible. However, I have not been formally trained on the details of the Credit Repair USA opportunity and specifically the Credit Repair USA compensation plan.

All information gathered for this comparison was generated from the Credit Repair USA website at www.creditrepairusa.us and other resources such as the BBB and NACSO websites. To insure a complete understanding of comparison of these two opportunities you should visit the Credit Repair USA website and call them at (832) 945-5228.

ERA Credit Services is an Independent Agent for Financial Education Services (FES) and United Credit Education Services (UCES). Information used for this comparison includes that regarding FES and UCES.

In this Credit Repair USA review and comparison we’re going to look at 4 key areas:

  • Company Background & Certifications
  • Services Offered & Cost to Clients
  • Business Costs
  • Compensation to Independent Reps or Agents

Company Background & Certifications

Credit Repair USA

BBB rating- *None

BBB accreditation – *None

NACSO accreditation – None

Credit Repair Nerds rebranded as Credit Repair USA within the last few years

ERA Credit Services

BBB rating- UCES A+

BBB accreditation – YES

NACSO accreditation – UCES YES

Since 2004

Same Owners

Debt Free Company

This category is important for 2 reasons. If you’re going to commit to representing a company and building a business around that company’s brand, what type of track record does the company have? And what type of credibility will you have when representing this company in the market? Credit Repair USA does not have a Better Business Bureau rating and is not accredited by the BBB or the National Association of Credit Services Organizations. In addition, the brand Credit Repair USA is relatively new. ERA Credit Services gives an Agent instant credibility in the market and has a solid track record since 2004.

Services Offered & Cost to Clients

Credit Repair USA

Credit Repair – $99/mo

Public Records – $49/mo

Inquiry Removal – $499

Credit Building – credit cards

700 Credit Club – $3,500

Cost for 6 months of service for credit repair and removal of public records- $888.00

ERA Credit Services

Credit Repair – $99 + $89/mo

Online Credit Monitoring

Identity Monitoring

Credit Builder – many options

Online Debt Payoff

Online Budgeting

Credit Attorney

Will & Trust

Savings Planner

6 months cost for credit repair, removal of public records and all other services listed above – $633.00

Credit Repair USA charges more for their services and had a limited number of credit related services. ERA Credit Services offers far more services at a lesser cost to the client.

Upfront & On Going Business Costs

Credit Repair USA

$99/month Business Fee

$99/month for credit repair

Total $198/month

Annual Cost- $2,388

ERA Credit Services

$199 one-time fee

$89/month for all services including up to $100k in term life insurance.

Services are free with 5 customers and/or Agents

1st Year Cost- $288 to $1,267

Credit Repair USA charges a monthly business fee that will never stop. They charge more if their reps want services for themselves. ERA Credit Services offers a one-time business fee, a lesser fee for far more services, and an opportunity to get all the services free.

Compensation – Customer Sales

Credit Repair USA

$99/month

Rep Level 1 – 25% = $24.75/mo

6 months = $148.50

Rep Level 2 – 50% = $49.50/mo

6 months = $297

ERA Credit Services

$99 set up plus $89/month

$100 plus $12/month residual

6 months- $160

The compensation for personal customer sales does not change at any level

At an entry level or part-time level ERA Credit Services pays out more for customer sales. Credit Repair USA has a Level 2 which requires 12 sales every 90 days. At Level 2 the compensation is more than that of ERA Credit Services.

Compensation – Team Building

Credit Repair USA

Rep Level 1

Recruit 10 Reps

24.75/mo/Rep= $247.50/mo

6 months = $1,485

No compensation on your Reps activity (Sales or Team Building)

ERA Credit Services

Agent

Recruit 10 Agents

CAB = $1,000

Residual = $72/Agent

6 months = $1,720

Plus Overrides on Team Sales & CAB bonuses on Team Recruiting

Credit Repair USA

Rep Level 2

Recruit 10 Reps

49.50/mo/Rep= $495/mo

6 months = $2,970

10% on Rep Team Building ($9.90/mo)

10 Reps = $594 Total – $3,564

ERA Credit Services

Sales Director

Recruit 10 Agents

CAB = $3,800

Residual = $72/Agent

6 months = $4,520

Plus Overrides on Team Sales & CAB bonuses on Team Recruiting

ERA Credit Services offers far more compensation for new and veteran Agents. Credit Repair USA only pays 2 levels of team building which limits a Reps income. It also blocks a Rep from earning on Reps deeper in their organization. ERA Credit Services offers compensation on an Agents entire organization regardless of how large it becomes.

Conclusion

Credit Repair USA

  • Sales Compensation for More Established Agent

ERA Credit Services

  • Company Background & Certifications
  • Services Offered & Cost to Clients
  • Lower Business Costs
  • Sales Compensation for New or Part-Time Agent
  • Team Building Compensation for New & Established Agents

The results of this Credit Repair USA review and comparison with ERA Credit Services are clear. The conclusion is that ERA Credit Services offers far more for less cost to the Agent and to the customer.

To learn detailed information about the credit repair business opportunity offered by ERA Credit Services visit our Business Opportunity page.

There you will find a 20 minute video. After watching the video ‘Book a Phone Appointment’ to talk with me. We’ll discuss your goals and get all your questions answered.

Thanks for visiting this Credit Repair USA review.

<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/02/credit-repair-usa-review-comparison-era-credit-services-1-625x415.png" alt="Credit Repair USA Review
Comparison with ERA Credit Services" />