ERA Credit Services

Category: Credit Repair Franchise

The Best Credit Repair Software

The Best Credit Repair Software

If you are interested in starting a credit repair business, then you realize there are a lot of items to research. One of the more crucial items is the software you’ll use to generate dispute letters. There are many different options out there which makes it more confusing and time consuming. So, what is the best credit repair software?

Here’s what I can tell you which I believe is the most important choice factor. I have talked to literally thousands of people over the last 7 years who either want to be in the credit repair business, or already are. Those that were in the credit repair business already did the research. There were many to choose from:

Credit-Aid
DisputeSuite
ScoreCEO
TrackStar
TurboDispute
And more

The Best Credit Repair Software

The #1 choice for those that were already in the credit repair business that I talked to is, Credit Repair Cloud. A lot of these credit repair business owners had spent a lot of time researching, and also using Credit Repair Cloud, and decided it was the best credit repair software.

But read on…

The most important thing for you to realize is that these established credit repair business owners that were using the best credit dispute software were talking to me because something was wrong with their business. To be more specific, something was wrong with their business model. They were calling me to understand our credit repair business model to overcome the challenges they had. What were those challenges?

Let’s go back to the research you’re doing. You’re coming to realize that to get your business started, in addition to finding the best credit repair software, you also have to:

– Investigate what your state requirements are (surety bonds and/or other).
– Realize that satisfying your state requirement only allows you to do business in your state.
– Investigate the federal Credit Restoration Organizations Act (CROA) to understand how you can charge a client.
– Figure out how to pull credit for your clients (credit report brokers will not work with credit repair companies). Even Credit Repair Cloud refers you to an online credit monitoring service that requires your client to pull their own credit. This is not the most professional approach.
– Figure out how to be able to take credit and debit cards (merchant services companies will not work with credit repair companies).
– Build a website and learn how to drive traffic to that website while competing with large companies on Google such as Lexington Law, CreditRepair.com, Pyramid Credit Repair and others.
– Develop strategies to compete with companies in and out of your area that have a Better Business Bureau rating and accreditation, National Association of Credit Services Organizations (NACSO) certification, or other designations.
– And more…

But What’s Your Biggest Challenge

BUT HERE IS THE BIGGEST CHALLENGE YOU FACE AND WHY THESE CREDIT REPAIR BUSINESS OWNERS WERE CALLING ME. Despite what ALL these credit dispute software companies tell you, providing credit repair service to a client is very time consuming. You need to figure out how you’re going to find the time to market your business, sell to those prospects, provide customer support after the sale AND, provide the service. Importing credit reports and generating dispute letters is key. But it’s only part of providing service.

And, by the way, even if you figure this out, you’re still only providing credit repair (the removal of derogatory items) to your clients. Successful credit repair companies today provide far more services like online credit monitoring, identity monitoring, credit education, and online tools for their clients.

If you can afford to hire a staff, you may overcome this challenge. But if you’re going it alone you should be prepared that this will require more time than you’re anticipating. If you have a job or other business, you’re going to have to find that time. That is why these people were calling me. They didn’t have the time to do everything. They had to either stop marketing efforts because they didn’t have the time, or turn away clients.

The Big Takeaway

So, what’s the biggest take away from this? The best credit repair software is not going to overcome your biggest problems. After 7 years in the business I can emphatically tell you with conviction and confidence, there is only one business model and opportunity in the country that WILL overcome every challenge you face in starting a credit repair business. And, that’s ours.

Take 21 minutes to watch a detailed overview video about our business model. You’ll learn that:

  • No surety bond is required
  • You’ll immediately be able to do business in all 50 sates
  • We are fully compliant with CROA
  • Credit is pulled for your clients at no charge to you
  • Accept Visa, MasterCard, Discover, American Express, and debit cards at no charge to you
  • You’ll have a professional, customized website provided for you
  • Access to complaint social media marketing materials, phone apps, a sales funnel system and more
  • You’ll instantly be backed by an A+ BBB rating and accreditation and a NACSO certification

And, you’ll learn that you won’t have to worry about analyzing credit reports and drafting dispute letters. That will be provided by a trained and experienced staff.

A Credit Repair Business Opportunity that Solves All the Problems

There’s more to learn about our business model so visit Credit Repair Business Opportunity to watch that video. Then, if you like what you see and want to talk directly with me, click the icon below the video to ‘Book a Phone Appointment’.

I look forward to talking with you.

I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“Please know that I do not distribute my subscriber’s information”. – Dale Guiducci

Network Marketing and Credit Repair

In order to absorb what I’m going to share you have to put aside any pre-conceived opinions you have about network marketing or the MLM industry. Just for a few minutes. I am well aware of all the arguments against the industry and I’m not going to debate them. I’ll just tell you that regardless of the perceived downsides of the industry, network marketing is the best business model for credit repair. And, I’ll tell you why.

Let me first address the challenges that the credit repair business presents. They fall into 3 major categories. Federal and state regulations, the scope of providing service to customers, and competition from large companies.

Federal and State Regulations

The Credit Restoration Organizations Act (CROA) restrict you from charging fees to a client before service is provided unless you are a bank, credit union, attorney or 501(c)3 non-profit organization. They do allow you to charge a nominal account activation or set up fee. How this affects you depends on how much profit you want to make in the business. There will be more on this later when I discuss competition in the industry.

State regulations (in most states) require you to purchase a surety bond. If you want to do business outside your state, you must purchase a surety bond in other states as well. These bonds are a continuous expense not a one-time fee.

In addition, the federal government and each state has its own truth in advertising laws that you must be aware of and comply with. Failure to comply with these advertising laws could result in very stiff penalties. States like Georgia and Utah have recently severely cracked down on credit repair companies advertising in those states.

Providing Service to Clients

Next, and maybe most importantly, has to do with the scope of providing service to a client. I realize that companies that sell dispute software like TurboDispute, DisputeSuite and CreditRepair Cloud make it sound like it takes no time at all to pull credit, analyze credit reports and draft dispute letters. First of all, it takes more time than they tell you. But that’s not the full extent of the work in the credit repair business. It’s not even close. You need to market and find prospective clients. Then you need to sell to those clients. People don’t typically click a link and sign themselves up for credit repair. This isn’t like buying a product from Amazon. Then you need to deal with disputes. Then you need to provide customer service and support once the service is under way.

I can’t begin to tell you the number of people that have tried to do this on their own that have called me. They have given up on trying to bring in enough clients to pay the bills and provide service to that number of clients.

Can You Compete Against the Big Companies?

Then there is the issue of competition from large companies that dominate the industry. Companies like Lexington Law, CreditRepair.com, and Sky Blue Credit Repair. They dominate internet advertising in every market in the country. They have the money to outbid you for position on Google.

But that isn’t the biggest challenge you have when competing against big companies in the credit repair industry. The biggest challenge is providing the type and scope of service that companies likes ours can provide at a price that is perhaps less than, or similar, to what you can afford to charge. You might be able to provide credit repair (removal of negative items from credit reports) for let’s say $80 a month. We provide that along with 11 other financial services for $89 a month. And, we do it with an A+ BBB rating and accreditation, and a NACSO certification. That’s hard to compete with.

Why Network Marketing and Credit Repair Works

Now that I’ve discussed the challenges in the credit repair business let me share with you why network marketing is the best business model for credit repair. In a nutshell it’s because our business model overcomes every single challenge I’ve described above. We have the resources, the technology, and the infrastructure in place. All you need to do is plug into it and you’re in business tomorrow.

We overcome state and federal regulations because our credit repair company is a 501(c)3 non-profit organization. Therefore, we are as stated above, exempt from CROA regulations. As an independent Agent for our company you can charge up-front fees (the up-front fee we charge is nominal, just $99) and you can do business in all 50 states without purchasing a surety bond.

You still need to follow truth in advertising laws, but our company provides you with information on compliance with those laws. And, we make available to you legally approved brochures, flyers, folders, business cards, social media templates, phone apps, and an online sales funnel system. All of it complies with the laws in all 50 states and is available to you from day one.

Have Time to Bring in More Business

Now let’s address providing services. With our business model you don’t provide services. Our staff does that for you. Not only are they trained at a high level to provide client services, they also provide customer support for the length of time the client is on service. This allows you to find more people to sell services to. It frees up your valuable time so you can maintain another business or work the credit repair business part-time until you can make it a full-time business.

Now let’s talk about competition. By working with us as an independent Agent you will be providing more services than any other company in the industry for the same price or less than the big companies provide credit repair. This allows you to compete with the small company in your area and the largest companies in the country.

Use Leverage to Build Your Business

But this is the biggest reason why network marketing is the best business model for credit repair. It’s because the profit margins in credit repair are small. You can’t charge much more than $100 a month and compete. So, given everything I’ve shared above how many people do you think you can bring in on your own and provide service? How much will those clients be paying you to do all of this? What if you want to take some time off or you get sick? Who’s going to run your business and what’s your profits going to look like?

With our network marketing and credit repair business model, you can build a team of other independent Agents and get paid on their production. You can build it as small or as large as you want. In fact, you don’t have to bring in any Agents or build a team at all. But if you do that’s where the true substantial incomes in this industry are anymore.

Build True Residual Income

People come into the credit repair business because they think there’s residual income. There’s only temporary residual income until your client stops paying. No client is going to pay for credit repair any longer than they need to, and sometimes they stop paying before they should.

When building a team of Agents, you build a true residual income. Because when you stop working for any reason your Agents do not.  It does take time to build that residual. It doesn’t come over night. But once you’ve built it, it comes each and every month. I had to take a couple of months off in 2017 for a major surgery. I also slowed down in 2018 to fully recover. But my checks didn’t because my team didn’t.

Network marketing has its flaws. No doubt. But for the credit repair business it provides the solution to so many challenges in this industry. You don’t have to put out a huge expense to get into the business. And, you can get started today for as little as $288.00.

Find Out the Details

If you’d like to find out all the details visit our Credit Repair Business Opportunity page and watch a 21-minute video. If you like what you see, and I’m sure that you will, click the icon just under the video to book a phone appointment with me. We’ll discuss each and every question you have. I look forward to that conversation.

I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“Please know that I do not distribute my subscriber’s information”. – Dale Guiducci

Network Marketing and Credit Repair
Start a Credit Repair Business Today

Start a Credit Repair Business Today

We’re coming up on our 7 year anniversary of starting our credit repair business. In those 7 years I have spoken to over 2,600 people that have called me with a desire to start a credit repair business themselves. Each one of them struggling with the regulations and red tape of getting their credit repair business started. I’ve told each of them the same thing. You can start a credit repair business today by doing it the same way I did.

Some of those people followed my advice. Others continued to do research only to discover that surety bonds, pulling credit, merchant services and other road blocks were too much to overcome. They eventually realized that, even if they could wade though and overcome these hurdles, that it takes too much time to operate the business alone. And hiring staff just wasn’t practical based on the profit margins in the credit repair industry. So, they quit trying. They gave up on the idea entirely.

Grow a Credit Repair Business as Large as You Desire

I received a call yesterday from a man in Georgia who had started a credit repair business a year ago using software from Credit Repair Cloud. He went through all the training. He started marketing his business and got clients. To an outsider it would seem like he was doing well. Except that because he had to do all the work of analyzing credit reports, drafting dispute letters, and generally delivering the service to his clients, he could not grow his business any further. He stopped that business and was calling me because he realized that with our business model, he could scale his business as large as he desired.

What It Takes to Start a Credit Repair Business

There are 2 major issues to overcome to start a credit repair business. The first is all the state and federal regulations. And, then finding a way to pull credit for clients. Then finding a merchant services company to work with you to allow you to take credit and debit card payments.

The 2nd major issue is then finding the time and having the expertise to do marketing, sales, and service delivery without a staff. Or, affording to hire a staff to do some of the work for you on the profit margins generated in the credit repair business.

Problems Solved

With our business model none of those are issues at all. Our company delivers all the services to your clients. They pull credit, draft dispute letters, send out the letters and provide customer service to the client 12 hours a day Monday through Friday. They also take payment from the client via Visa, MasterCard, American Express, Discover or debit card.

And, because our company is a 501(c)3 non-profit, and you represent our company, you are not subject to the Credit Repair Organizations Act (CROA) laws. You do not need to purchase a surety bond or register in any state. And, you can do business in all 50 states. Your market expands to the entire U.S..

Your focus then becomes marketing and sales only. If you are good at marketing and sales you not only can do very well, but you can scale your business to any level you desire. In fact, you can bring on Agents all over the country that will generate revenue and income for you. The company actually pays you a bonus to do so.

We Train You Every Step of the Way

You’ll have training on how to go out and generate business. We show you how to generate referrals. Then we’ll share with you the most effective way to sell to a customer prospect. And, if you do bring on other Agents, we’ll train them as well.

And here’s the icing on the cake. Because it’s all built and has been since 2004, you can start a credit repair business today. We can have you into our online training program immediately. This program doesn’t teach you have to draft dispute letters. We have a large expert staff that does that for you. We’re going to train you on building a credit repair business that is affordable ($288 to start), sustainable (you have help building it), profitable (you keep what you make because your business expenses are very low), and scalable (build it as large as you desire).

Get the Details of Our Business Model

For further information and to learn all the details visit Credit Repair Business Opportunity. There you will find a 21-minute video. You’ll get 90% of your questions answered. Then you’ll want to book a phone appointment with me. You’ll see a tab that will bring up my appointment calendar. Just pick a day and time that works for you. We’ll get on the phone and see if our business model is a good fit for you.

When you’re ready we’ll get you set up with websites, your online training, our private Facebook Group, and our weekly live training. Are you ready to start a credit repair business today? If so, visit Credit Repair Business Opportunity. Talk to you soon.

I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“Please know that I do not distribute my subscriber’s information”. – Dale Guiducci

How to Run a Credit Repair Business
from Anywhere

As I’m writing this, I’m in Columbus, NC. Columbus is about 650 miles north of my home in Largo, FL at the foothills of the Blue Ridge Mountains. My wife, Shirley and I have been here for a little over a week and we’re having a great time. This is such a beautiful area to explore. We’re here for 5 weeks and we plan to explore as much as we can. That is what has prompted me today to write about how to run a credit repair business from anywhere.

Our credit repair business has given us a very nice income, allowed us to save for retirement, build a steady residual income for the day when we stop working, and gives us time and travel freedom. The credit repair business is a great business!

The Right Business Model Creates Freedom

But as I’ve been writing about and doing YouTube videos about for years, you must have the right business model. You can run a credit repair business in a few different ways. But if you want true residual income and the ability to travel and still work your business, there is only one way to do it that will work.

It’s all about having a staff that does the administrative part of the business. I call it the service delivery. If you’re marketing for credit repair customers, selling to those customers, delivering the service, and providing customer support you will be tied to your business. You’ll never be able to take time off and travel.

Think about it. What sense would it make to do what we did. You drive 11 hours to get to a beautiful spot and now must take calls for new business, pull credit, analyze credit reports, draft dispute letters, and take calls from existing customers that have questions. That does not sound like a fun travel experience.

Travel and Still Run Your Credit Repair Business

Here’s how I’ve got things set up for the 5 weeks that we’re in North Carolina. I still take calls from customer prospects. But I only take those calls during the hours I’ve scheduled myself to work which is Monday to Thursday, 10 am to 5 pm. If they call at another time, I’ll text them back and ask then to go to my website and book an appointment. I have software on my website that pulls up my Google calendar and shows the times that I’m available. They pick a time and I get the information to call them at a time that I’m working.

If I sell our services to that customer, I input the information and our staff does the rest. I’m done. I don’t need to worry about pulling credit, drafting letters or answering the customers questions. If there are any serious issues with a client, our staff calls and discusses it with me. And, there are rarely serious issues with a client.

Check Out Our Credit Repair Business Model

If you’d like to explore our business model and how you can have a staff that does all the administrative side of the business for you visit Credit Repair Business Opportunity. Watch a 21 minute video which is the only video on that page. Then use my appointment booking system and book a time to talk with me that works for you.

You’ve got to think ahead and plan before you start our business. If you don’t, your business will own and run you instead of the other way around.

I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“Please know that I do not distribute my subscriber’s information”. – Dale Guiducci

<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/07/How-to-Run-a-Credit-Repair-Business-From-Anywhere-ERA-Credit-Services-625x415.png" alt="How to Run a Credit Repair Business
from Anywhere" />
Credit Repair Service Outsourcing

Credit Repair Service Outsourcing

One of the biggest challenges in the credit repair business is having the time, expertise, and bandwidth to provide the credit repair service to clients. Credit repair business owners soon discover that they must allocate time to marketing their business and selling to new clients as well as delivering the service. Because there are only so many hours in a day, many look for alternatives such as credit repair service outsourcing.

The business opportunity we offer has been become a credit repair service outsourcing option for some who have started a credit repair business, have clients coming in, but are getting bogged down in delivering the credit repair service. By joining forces with us they have more time for marketing and sales, and expanding their business.

Get Started Working With Us Today for Under $300!

The Advantages in Using Our Credit Repair Service Outsourcing

Scalability

Do you find that you can bring in more clients than you can handle? Our credit repair service is delivered by an expert and well managed staff in our corporate office. If you have 10 new clients a month or 100 or more, we can handle the volume of new credit repair accounts. In 2019 we are projected to have well in excess of 90,000 credit repair clients.

Brand Your Company

When you outsource your back office credit repair fulfillment to us you still maintain your brand. You can continue to market your company identity on a local or national level. The only difference is that you’ll have more to market and offer your clients.

A Nationwide Business

How would you like to offer credit restoration to people in all 50 states? By working with us you can. We can legally offer credit repair and other services in any state in the country. By working with us, you now can too! You do not need to acquire surety bonds or register with any state. And, you can be sure that the services we offer are done with 100% compliance to federal and state laws.

Profitability

Our service is offered for a one-time $99 account activation fee plus the clients 1st monthly payment of $89. That’s a total of $188. You are paid $100 of that $188 the following week. Then you are paid $12 on each $89 payment the client makes. Based on 6 months of service you earn $160 or 25% profit. And here’s the best part. You have no overhead. You’re not paying a company for use of their software. You keep 100% of what you make.

A More Valuable and Competitive Client Offering

Most credit repair companies offer credit repair only. The difficulty then becomes differentiating their company from the thousands of others out there. What makes them different? Not much really. But by using our credit repair service outsourcing you can now offer a host of other services along with credit repair.

Our Service Package for Clients

The following are provided as a package of services for $188 and $89/month. For a complete explanation of each service visit Credit Repair Services

Credit Repair– We dispute all items right away providing the fastest service allowed by law. Our credit repair service is A+ rated by the Better Business Bureau and certified by the National Association of Credit Services Organizations (NACSO).

Online Credit Monitoring by Smart Credit

Identity Monitoring and Identity Protection by Privacy Armor

Credit Builder– Education and recommendations on what the client can do to increase their credit score

Credit Attorney– Will step in to assist derogatory account removal if an item that legally should be removed, is not. They will also act against debt collectors that are harassing our/your clients.

Online Debt Pay Off System to assist clients in reducing debt

Last Will & Living Trust

Online Budgeting

Net Worth Calculator

Savings Calculator

Financial Contacts Tool to inform loved ones in the event of a medical or other emergency

Additional Services

Credit Bureau Reporting of Monthly Rent Payments – Your client that rents an apartment or home can further boost their score by having their monthly rental payments added to their TransUnion credit report.

Secured Credit Card for clients that are building their credit we offer a secured credit card through Synovus Bank.

Client Retention

Typically, in our industry when a client has achieved results on their credit score, they cancel their service. There is a definitive end to the income from this client. That is why we offer money-saving services to the client as well.

Once they are satisfied with the results with their credit score, they can now take advantage of saving money on travel, cellular phone service, live streaming, legal services, health services, roadside assistance and more. This will keep your client on service and keep that monthly residual income coming in.

Client Tracking and Reporting

You are kept up to date with each client through your Business Office. Your Business Office is a complete online reporting system of each clients account progress and results. You are also able to call our Customer Support Department Monday through Friday from 9am to 9pm for questions and information on your clients.

Reporting for Referral Sources

If you receive client referrals from real estate agents, mortgage brokers or others, you’ll be able to set them up with their own online portal to track the progress and results of the clients they refer to you. This is a major tool in helping you get more referral business.

Product and Business Training

We provide you with extensive online training, live weekly training, and one on one coaching. You’ll learn about our services, our extensive compensation plan beyond sales to clients, and how to market your credit repair business.

Get Paid When Others Generate Business

What if you could earn income from others that wanted to market and sell credit repair services? There are many people looking for a side hustle to earn some extra money each month. There are others that are looking for a career change. What about the real estate agent that wants to offer credit repair to their clients directly? You can bring on other people that offer our services and get paid when they do so!

Join Forces With Us Today for Under $300

For a complete explanation of how this all works visit Credit Repair Business Opportunity.

You’ll see a 21-minute video that will share details with you. If you like what you see you can then schedule an appointment with me, Dale Guiducci. I have an extensive background in the industry and have trained hundreds of people on building a credit repair business. We can discuss what you’re trying to accomplish and help you decide if this is the right fit for your credit repair business.

I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“Please know that I do not distribute my subscriber’s information”. – Dale Guiducci

 

 

How to Run a
Credit Repair Business –
Business Networking

This is the 3rd in a series of blogs discussing how to run a successful credit repair business. We started with marketing because it’s so important and what everyone seems to want to know about. “How can I generate leads for my credit repair business”? We’ve already covered 2 very important topics, Warm Market and Generating Referrals from Professionals in Credit Related Industries. You can read those blog posts and see the associated videos at ERA Credit Services Credit Repair Blog.

This blog is about Business Networking. Many of the same tips will apply to meeting and developing relationships with real estate agents, mortgage brokers, and others that need clients with a good credit score.

It’s All About Exposure

It’s imperative to expose what you do to as many people as possible. And you want to be time efficient. So, how can you accelerate the process? You want talk to a lot of people that know a lot of people and have influence. Typically, business owners and people in sales that work for large companies know a lot of people, have influence, and are good talkers. So, go find these people and make sure that they know what you do. Where can you go and find a lot of business owners in one place and meet a lot of them in a short period of time? In business networking groups you’ll meet a lot of people in one place that need to know what you do.

In the last blog about getting referrals from people in credit related industries, I suggested going to board of realtor meetings. I also recommended attending meetings with the following organizations to meet more people in real estate and related professions.

NAREB- The National Association of Real Estate Brokers

NAHREP- The National Association of Hispanic Real Estate Professionals

AREAA- The Asian Real Estate Association of America

Visit their websites to see if they have a chapter in your area.

The World of Business Networking

Go to Business networking meetings. Business networking is crucial when getting your business started. I believe that in learning how to run a successful credit repair business, it’s one of the most important things you can do. There is a whole new world of networking out there that is waiting for you to discover it. Now, there always has been business networking. When my Dad owned a business in our hometown, he was a member of the Rotary Club. I remember going to a Rotary Club meeting with him and what I recall is all men gathering around and talking about what guys talk about. But they also developed a bond and realized that supporting and getting support from other business owners was very important.

When I started my working career in the 1980’s I joined a LeTip networking group. Like a lot of national or even international networking groups, it was more formal, and members were expected to show up each week and bring leads for their fellow members. Looking back, it was a bit too formal for me. I prefer a more relaxed atmosphere.

Business Networking is for Every Business Owner

Today business networking is much more open to everyone and there are a ton of different types of groups out there. When I started my credit repair business in 2012, I went to a lot of group meetings and settled into the ones I enjoyed the most. I suggest you do the same thing. Go to many. Ask people that you know if they know of any business networking groups you could go to. They typically will if they are a business owner. Go with them or go on your own. There’s nothing like walking into a room full of strangers and being asked by a lot of people what it is that you do. You’ll get good at your response very quickly.

A website you should visit to look for groups to attend is www.meetup.com. There is likely to be dozens, if not hundreds of groups you can choose from. I would choose something fairly close to home and that meets at a time that is convenient for you. If it’s far and you’re pushed for time you may find it easy to make excuses not to go.

Tips for Networking

Here’s some advice for you before you attend your 1st meeting. Part of learning how to run a successful credit repair business is learning how business should be done. Practice what you’ll tell people about what you do. Some people call it an elevator pitch. And, you’ll need to have different versions of it. You’ll need a one-minute version for when it’s your turn to stand up and tell the group what you do. You’ll need a 30 second version for quickly sharing with someone when you’re socializing after the formal part of the meeting or if there is no formal part of the meeting.

When you do get to stand up and share your business you must do what I’m about to tell you. Tell them who it is that’s your typical customer. And, tell them who it is that your looking to partner with. In your case that’s going to be real estate agents, mortgage brokers, etc. You have to tell people why you’re there. Don’t think they’ll figure it out on their own.

Your One Minute Speech

Here’s an example of a one-minute speech at a networking event. Make sure you’re wearing a big smile so people realize how happy you are to be there. Smiles can hide nervousness too!

“Good evening everyone! My name is Dale Guiducci and my company is ERA Credit Services. We specialize in helping people improve their credit score and other areas of their finances. We are a nationwide company with an A+ BBB rating and my concentration is right here in the Tampa, St. Pete, Clearwater area. We also work with real estate agents, mortgage brokers, bankers and solar companies to help their clients that get turned down due to credit score, become qualified buyers. So, I’m here to ask that if you know anyone in these professions, that you let them know about me so I can set up a time to talk with them about helping them close more transactions and make more money in 2019. It’s great to be here and I look forward to meeting you all individually. Dale Guiducci, ERA Credit Services.”

That’s it. Write out something like that for yourself. Practice, practice, practice. Your preparation and knowing this cold will help you overcome any nervousness. I know I get nervous sometimes still. But I know it so well I can get it anyway and no one even notices.

If It Scares You That’s Another Reason to Do It

If you would rather run out into traffic than stand up and speak for a minute I totally understand. I was that person. Well, not really. I’d rather not put my life in danger, and neither would you. But if it makes you nervous here’s 2 things to keep in mind. You need to get passed it. Your nervousness is holding you back. Not just from speaking. It’s a self-confidence issue. The only way I found to get passed it, is to do it. Over and over again. To learn how to run a successful credit repair business you should learn how to be comfortable speaking in front of people. Once you do get passed it you’ll feel like a million bucks and your confidence will take a giant step forward.

And, keep this in mind. Most of the people there get nervous too. It’s not like you’re the only one. If your nervousness shows, so what? You can even tell people it’s your first time and that your nervous. They’ll support you. Not be critical of you.

The Importance or Not of Business Cards

You’ll also need business cards. Now, I rarely have business cards with me. It doesn’t phase me when someone asks me for a card and I don’t have one. I apologize for not having any and get their card. Never forget this. You’re not there to hand out cards. You’re there to collect other people’s cards! You want to be in control of being able to call them on the phone and rekindle the conversation you started with them at the meeting. But when you’re new at this and probably nervous to begin with, you don’t need the added pressure of feeling like you’re unprepared without business cards.

Here’s another tip. Never hand out your card unless you are asked for a card. Don’t be that person that runs around handing out their cards. Trust me. It’s the fastest way to turn off everyone in the room.

Keep the Conversation About Them

When you’re speaking to someone keep the conversation about them and their business. You might think, “Well wait a minute Dale. Aren’t I there to let people know what I do”? Yes, you are. But before you do that you want to get people to like and trust you first. Then when you do tell them what you do, they’ll be more accepting and interested. And, there’s no better way to get someone to like you than letting them talk about themselves. You’ll have ample opportunity to introduce your business. They’ll typically ask you. If they don’t, you’ll get creative and find ways to weave it into the conversation. This is a huge tip!

A bonus to going to business networking meetings is that they typically have a member that’s in real estate, one in mortgage, and one in banking. These are key contacts for you. You’ll most often get their attention when you have your one minute to stand up and explain what you do.

Follow Up with People

When you do meet people that you feel can drive business your way, follow up with them. Don’t expect they’ll send business your way right away unless you get to know them better. Set up a time to drop by their office. Or, meet them for lunch or coffee. Now that you’ve met them the ice has been broken. They’ll be very open to meeting with you individually.

As I mentioned, visit many groups. You’re not going to “feel it” with every group. Some are going to be more stuffy than others. Others will be more fun. Some will be more open to new members. That’s just the way it is. If you go to your first meeting and don’t have the best experience, don’t let that deter you from going to others. Over time you’ll get comfortable with the people in the group. They might even become your friends.

My last tip for how to run a successful credit repair business is a big one as well. Always keep in the back of your mind why you’re there. You’re there to get business. Yes, you want to be sociable. But learn to identify people that are in networking groups because they need a social outlet. They can waste your time. Identify those that are friendly enough but are there to do business just like you are.

Learn More About How to Run a Credit Repair Business

Subscribe to our YouTube Channel

Learn About Our Credit Repair Business Opportunity

Visit ERA Credit Services Credit Repair Business Opportunity

I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“That is the only email you’ll get from me and I do not distribute my subscriber’s information”. – Dale Guiducci

<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/06/How-to-Run-a-Credit-Repair-Business-Business-Networking-1-625x415.png" alt="How to Run a
Credit Repair Business –
Business Networking" />
<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/06/How-to-Operate-a-Credit-Repair-Business-Blog-625x415.png" alt="How to Operate a
Credit Repair Business
Getting Referrals" />

How to Operate a
Credit Repair Business
Getting Referrals

In the last post and YouTube video about how to operate a credit repair business, I discussed the first phase of marketing. It’s where everyone should start and that is their warm market. You can read that post and watch the video at https://eracreditservices.com/2019/05/how-to-run-a-successful-credit-repair-business/

In this post we’re going to go into the 2nd marketing phase of how to operate a credit repair business. This phase is critically important as well because it will potentially bring you the most and best leads for credit repair customers.  There are several industries that rely on customers to have a minimum credit score in order to qualify for financing. Because many consumers don’t have this minimum credit score it creates a win-win-win that you should take advantage of.

Who Has a Problem That You Can Solve?

In 2012 when I started my credit repair business in San Diego, I was determined to learn how to operate a credit repair business quickly. I did a lot of research. One bit of info I wanted to find out was how many real estate agents there were in the county. I Googled it and found that there were 18,000 licensed real estate agents in San Diego County. 18,000!! So, I developed a plan of action to expose what I do to a lot of them in hopes that some of them would start referring people to me.

First, I had to determine if indeed they had a problem with prospects that couldn’t qualify for a mortgage loan. I quickly found out that almost every single one of them did. For some it happened occasionally. For others it happened many times a week. But I can’t recall more then a few that told me they never had an issue with prospective buyers that didn’t qualify.  This became the proverbial, “shooting of fish in a barrel”.

You Must Go Where They Are

It’s fairly easy to have conversations with real estate agents once you put yourself in a position to have the conversation. You need to get in the habit of asking people that you know, if they know someone in the real estate business. Tell them why you’re asking and that you can help their friend or acquaintance close more business because you help their prospects get a higher credit score. By the way, you just informed your friend of what you do in the event their credit score is hurting. That’s a potential bonus!

You also need to go where real estate agents and brokers are. I started to attend networking meetings. This is a topic I will cover in the next post in detail. In just about every business networking meeting group there is a real estate agent, a mortgage broker and a banker. All of which fit into the category of needing what I/you do.

Here are 3 organizations that I highly recommend. Don’t be intimidated because they are based on ethnicity. I am a white guy and can’t speak any language other than English. And, I felt very comfortable in all 3. In fact, my wife and I were invited and attended their Christmas parties.

NAREB- The National Association of Real Estate Brokers

NAHREP- The National Association of Hispanic Real Estate Professionals

AREAA- The Asian Real Estate Association of America

Visit their websites and see if they have a chapter in your community.

You’ll be the Most Popular Person in the Room

I also went to board of realtor’s meetings that would allow outsiders to visit. Many such organizations have a program for affiliates. Those that provide services that realtors need such as home inspection, mortgage loans, home staging, and yes, credit repair companies. That great thing about networking meetings and other type meetings where real agent agents go is that I almost never encountered another credit repair representative or company. I was the only one. And as I like to say, I was the most popular person in the room. Why? Because every single one of them had a problem only I could solve.

Here is a side note about attending meetings and meeting people that could be interested in what you do. And, I’ll cover this in detail in the next post about business networking. You’ve got to know your stuff, yes. But I found it best to simply determine if they had a problem with folks that don’t qualify, get their card, and call them at another time. I wasn’t there to get their referrals. I was there to meet them, get their info so I could contact them later, and spend this time meeting more people. That way I didn’t appear too anxious or “salesy”. And, I could simply concentrate on getting to know them, which is a key to getting people to like you.

Keep the Conversation About Them

When meeting people in real estate or any “credit-related” field here are some good tips. Keep the conversation about them and their business. Ask good questions about the market, interest rates, and more. You don’t have to be a real estate expert, but you should have the ability to hang in a conversation with someone in real estate. Then when you have developed a bit of rapport you want to get to the question that has made me a lot money. Come to know this question like the back of your hand and use it often.

The All Important Money Making Question

“Let me ask you (Agents first name). Does it happen that someone wants to buy a home, but you find out they don’t qualify due to their credit score? Does that ever happen”? You can ask this question in any way that’s comfortable for you. But your whole reason for meeting this real estate pro is to ask it.

Based on what I’ve already told you, you already know the answer to this question. The answer is “yes”. It happens once in a while. It happens every day. Or somewhere in between. But it happens. They just told you they are losing money. They are losing time, energy, and investment into their marketing efforts, which is money. And they have no solution usually.

What Makes You Different?

Referring people to a credit repair company may have crossed their mind but they haven’t run into one. Or, maybe they referred people to a credit repair company, but that company didn’t do a good job or keep them informed. This is where you must be on your game. What differentiates your company or you from anyone else in the industry? I wouldn’t get into it right at this meeting where you just met the real estate agent. Again, I would get their info and set up a time to call them, meet them for coffee, or meet them at their office (which is the best opportunity). But at some point, you need to impress them. What do you do that no one else does?

Our company has several of what I call “differentiators”. What makes us different? What makes us better than any other company? You should to be able to verbalize your differentiators quickly, and with confidence. And, they should be very impressive. Part of discovering how to operate a credit repair business is realizing that you don’t want to be a “me too” in the credit repair industry.

Teach People How to Give You a Referral

Let’s say you do your job and impress the real estate agent. And, they tell you they’ll refer people to you. Success, right? Not quite yet. You have more work to do. You must school them on how to give you a referral. And, you should explore other opportunities they can bring you. Let me explain both.

Typically, a real estate agent will ask you for business cards or brochures to give to their credit challenged customers. In their mind this is how they give you a referral. That is not a referral. That is a suggestion. A referral is when the real estate agent edifies you by telling their prospect about you and how she/he teams up with you in these situations to help people like them. Then they ask their credit challenged prospect if it would be ok to give you their information so you could call them. That’s a referral.

Leverage Your New Referral Source

But you’re still not done. Now that your relationship is solidified and you’ll be helping her/his prospects with sub-620 credit scores, it’s time to explore other possibilities. For example, do they work in an office that has other real estate agents in the same boat? Who would she/he suggest you talk to? Does her/his office allow vendors to come in and talk to the agents about what they do? Yes, well who should you speak to about getting on the calendar? Does she/he have a mortgage broker or two they work with? They always do. So, would it be ok with them if you reached out to their colleagues in the mortgage business? You could take this one contact and leverage it into many. Then continue leveraging with your new contacts until you have a steady stream of referral business coming to you. And here’s the best part. It’s all free except perhaps the cup of coffee you bought them.

In learning how to operate a credit repair business, networking with people in credit-related industries is a must. It typically brings you motivated client prospects that are emotionally invested in buying that something that they were just turned down for and couldn’t buy. And, they will typically have no problem paying your fee.

The Solar and Auto Industry

I already talked about real estate, mortgage and banking. But another industry is solar. The credit score needed to finance a solar installation is higher than the credit score needed to buy the home. Many people don’t qualify and it’s a huge amount of lost revenue for the solar company. My suggestion is that you seek out people in this industry. You won’t typically find them at a network meeting, however. So, you’ll have to ask people if they know someone in solar sales or management.

Many would say that the automobile industry is also a place to seek referrals. I disagree because people in the auto business are very often hard to talk to and very impatient to see results. They live from month to month. How many “units” can they sell this month. They don’t really care about the sales they can make in 4 months. But if you want to give it a try, go for it. I believe that with the number of people in the real estate and mortgage business out there, and the commission they make on a home sale, that’s the best place to focus your efforts.

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.

I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“That is the only email you’ll get from me and I do not distribute my subscriber’s information”. – Dale Guiducci

How to Run a Successful
Credit Repair Business – Warm Market

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.

I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“That is the only email you’ll get from me and I do not distribute my subscriber’s information”. – Dale Guiducci

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

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.




I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“That is the only email you’ll get from me and I do not distribute my subscriber’s information”. – Dale Guiducci 

Build a Credit Repair Business
with Your Phone

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.

 

I hope you got value from this post. That is my goal.
If you did, you can get notified of new blog posts as I publish them. Just enter your Name & Email Address.
“That is the only email you’ll get from me and I do not distribute my subscriber’s information”. – Dale Guiducci 

<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" />