Category: Financial Services Business

California Credit Repair Business – Getting Started

California Credit Repair Business – Getting Started

Starting a credit repair business in California can be difficult. But it’s not due to the state requirements. Those mandates are fairly straight forward compared to other states. To start a California credit repair business you have to obtain a Certificate of Registration from the Department of Justice.

But before you get that certificate you must also get a surety bond in the mount of $100,000. The cost of the bond can be anywhere from $1,000 to over $10,000 depending on financial history and credit score. The bond is good for 2 years so this will be a recurring cost.

California Credit Repair Business Challenges

The difficulty in starting a California credit repair business is because of the general requirements and competition in the industry. Here’s just a portion of what you must consider to start a credit repair business in any state:

  • You can only accept a nominal account activation fee and cannot charge for services until rendered. This can create a cash flow problem unless your business is properly financed.
  • It is not enough in today’s market to simply have a website. You must have technology that allows for online reporting of your clients progress. This will make you competitive and save you time in the long run.
  • It will be necessary to find a way to pull credit reports and take credit cards. This is far more difficult in the credit repair business than it sounds. Credit report brokers nor merchant services companies like doing business with credit repair companies.
  • You must consider the time it takes to not only provide credit repair to the client but also for marketing and sales. Most people under estimate the time needed for a credit repair business and over estimate the time they can devote to it.
  • Offering credit repair alone may not be enough to be competitive. Larger companies, in addition to being able to keep client cost low, can provide other services beyond just credit repair.
  • Larger companies also can do business in other states. This is important when working with real estate and mortgage companies that want to help their clients outside of California.

A Better Option for Staring a Credit Repair Business in California

If all of the above seems like far too much to start a California credit repair business we have a solution. You can become an Independent Agent with our company.

Our company has been in business since 2004, has an A+ BBB rating, and a National Association of Credit Services Organizations certification. As an Agent it gives you instant credibility in the market. You’re not just starting out. Your representing a time tested and certified national company.

It’s your business just like a State Farm Insurance Agent owns their business. Your job is to find clients, explain the services and enroll customers. The company accepts the funds directly from the client. And, they provide the services to the client. They follow all state of California and federal laws under the Credit Repair Organizations Act.

This gives you the opportunity to own a credit repair business in California.  But you can also do business in all 50 states which is a huge advantage when working with mortgage companies that do business outside of California, as an example.

Be Above the Credit Repair Business Competition

Another advantage is that our company provides more than credit repair. We have other services that help our clients reduce the debt they owe, help them build positive credit, and give them online credit monitoring and identity theft protection.  Plus much, much more.

Get Started in the Credit Repair Business in California for Less Than $300

A major advantage in becoming an Independent Agent with us is the upfront investment. You can start today for less than $300.00. You get a website and an online business portal. You get access to professional marketing materials. You can offer all of our services including credit repair. Your customers get top notch Customer Support Monday through Friday, 9 am to 9 pm. And, you do not have to register with the state of California or purchase a surety bond.

If you would like to learn more visit our website at Credit Repair Business Opportunity.

There you will find a video that explains the details of our business. Take your time and watch that video fully. Take notes and write down questions. Then just below the video you’ll see where you can ‘Book a Phone Appointment’. You’ll get your questions answered and we’ll discuss what it takes to go out and truly build your California credit repair business.

ERA Credit Services and/or it’s partners, Agents or affiliates make no guarantees to the level of financial success our Independent Credit Repair Agents can achieve. Earning substantial income with this opportunity requires hard work, leadership and dedication and some Agents may make no money at all. All income you receive with will depend upon your individual effort and ability. To see our full income disclosure visit Income Disclosure
ERA Credit Services is an Independent Agency representing a 501(c)(3) non-profit organization and does not directly provide credit repair services or accept funds from clients for credit repair services.
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Start Your Own Georgia Credit Repair Business

Georgia is one of the most difficult states to own and operate a credit repair business. The law has been interpreted that it is a misdemeanor to do so. However, there are exceptions. One of those exceptions is to operate as a Chapter 501(c)(3) non-profit organization. It is extremely costly and time consuming to start and maintain a legal non-profit. However, there is another way to operate a Georgia credit repair business under this mandate.


The credit repair company we represent is a 501(c)(3). You can represent this company as an Independent Agent. It’s your business just like a State Farm Insurance Agent owns their business. Your job is to find clients, explain the services and enroll customers. The company accepts the funds directly from the client. And, they provide the services to the client. They follow all state of Georgia and federal laws under the Credit Repair Organizations Act. Therefore you are NOT providing credit repair services or accepting funds according to the law.

Offer Credit Repair in Georgia and All 50 States

This gives you the opportunity to own a Georgia credit repair business.  But you can also do business in all 50 states. This is a huge advantage when working with mortgage companies that do business outside of Georgia, as an example.

Another advantage is that the company you’ll represent provides more than credit repair. You’ll have other services that help your clients reduce the debt they owe. You can help them build positive credit. You’ll provide them with online credit monitoring and identity theft protection.  Plus much, much more.

Gain Credibility Right Away

The company you’ll represent has been in business since 2004. In addition, they have an A+ BBB rating, and a National Association of Credit Services Organizations rating. As an Independent Agent you’ll have this to rely on. It gives you instant credibility in the market. You’re not just starting out. Your representing a time tested and certified national company.

Learn More About Starting a Georgia Credit Repair Business

If you would like to learn more visit our website at www.eracreditservices.com/credit-repair-business-opportunity. There you will find a video that explains the details of our business. Take your time and watch that video fully. Take notes and write down questions. Then just below the video you’ll see where you can ‘Book a Phone Appointment’. You’ll get your questions answered and we’ll discuss what it takes to go out and truly build your Georgia credit repair business.

ERA Credit Services and/or it’s partners, Agents or affiliates make no guarantees to the level of financial success our Independent Credit Repair Agents can achieve. Earning substantial income with this opportunity requires hard work, leadership and dedication and some Agents may make no money at all. All income you receive with will depend upon your individual effort and ability. To see our full income disclosure visit Income Disclosure
ERA Credit Services is an Independent Agency representing a 501(c)(3) non-profit organization and does not directly provide credit repair services or accept funds from clients for credit repair services.
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Start Your Own Georgia Credit Repair Business
Credit Repair Business Plan

Credit Repair Business Plan

To start a credit repair business, or any business, you must think about a credit repair business plan.

In doing so most people will start thinking about what they need. After doing just a bit of research on the internet they may decide they need software, a website, knowledge of state law, and training. That may seem logical. But I would recommend you start from a different place.

Building a Credit Repair Business Plan

Instead of first thinking about what you need, first think about what you’re trying to accomplish for yourself. What do you want this new business to do for you? How is your new credit repair business going to fit into your life and your existing job or business? When starting a credit repair business first consider the following:

  • How many hours per week can you devote to it?
  • What are you willing to do to market your new business?
  • How much time are you able to give your business before it generates a profit?
  • What can you afford to invest into starting a credit repair business?
  • Are you willing to do all the administrative labor for your clients?
  • If so, will you still have time to find new clients and referrals?
  • Will doing all of what is required take away from an existing business or job?
  • Do you like, are you good at, or are you willing to learn how to sell?

Once you answer questions like these now you can start looking at different credit repair business models. Yes, there are different ways to set up your credit repair business depending on your needs and desires.

Match Your Needs and Desires with the Right Credit Repair Business Model

Time and Money is Abundant

If you have a significant amount of financial resources and time you can start your business from scratch. You can research and buy credit repair software. You can build a website, social media pages, start a blog, and all else that’s necessary to drive traffic to your website. You can build a sales funnel for online marketing. You can do the administrative work and still market your business to continually find new clients.

Time is Limited, But Money Isn’t a Problem

You can then purchase a credit repair franchise. You’ll have most everything from a credit repair standpoint already set up for you. You’ll only need to focus on setting up the marketing your business. Hopefully the franchisor you choose will provide the administrative tools to do the credit repair work. Just know that buying a credit repair franchise starts at $9,500 and goes much higher.

Time and Money are Limited

If this is the case you’ll need to find a business model that takes care of a lot of the set up and ongoing credit repair process for you. You will be charged only a nominal fee to get your business set up. You’ll have a staff that does the redundant work of credit repair for your clients. And, your marketing materials, videos, online marketing tools, website and more are set up for you from day one. Plus all the state and federal law requirements are satisfied in all 50 states. That means you can do business anywhere in the country.

What is this Credit Repair Business Plan?

In the credit repair industry people typically spend more time, effort and money researching how to get their business started than they can afford. They don’t create a credit repair business plan. They don’t consider what they truly want out of a credit repair business. And therefore they either quit before they get started, or they fail just a few months into it.

The Best Credit Repair Business Plan in the Country

We started a credit repair business in 2012. We built that into a business that produces nearly $1 million in revenue annually and a 6 figure income. You can exactly the same thing. All you need to do is take 30 minutes to watch a video detailing the business model and then book a phone appointment to get your questions answered. If nothing else, you’ll be much more aware before you start your credit repair business. But this credit repair business plan and business model may fit perfectly into what you’re trying to accomplish.

Watch This Video

If You’re Interest is Piqued Now Just Book a Phone Appointment With Us

ERA Credit Services and/or it’s partners, Agents or affiliates make no guarantees to the level of financial success our Independent Credit Repair Agents can achieve. Earning substantial income with this opportunity requires hard work, leadership and dedication and some Agents may make no money at all. All income you receive with will depend upon your individual effort and ability. To see our full income disclosure visit Income Disclosure
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How to Find Credit Repair Customers

Learning how to find credit repair customers is the single most important skill set to have if you’re going to be in the credit repair business. I’ve spent 6 plus years in the industry and have talked to well over 2000 people that were thinking about getting into the credit repair business. It seems they’re most concerned with software to do the credit repair work and laws relating to the business. Those are challenges to overcome for sure. But none of that matters unless you know how to find credit repair customers now and well into the future.

I’m going to give you the exact same advice that I wish someone had given me back in 2012. It may not be what you want to hear. But it’s what’s going to allow someone to start finding credit repair customers right away.

A word about what else you will read on the internet about this topic. You may read that you need to have an affiliate marketing program, run paid ads, and that your website will bring in customers. But whatever you read identify the source. Like Credit Repair Cloud they are typically trying to sell you their software or program. Think before you act.

How to Find Credit Repair Customers

Before I give you my recommendations on how to find credit repair customers please note that these are not in any chronological order. The reason is that you may have a different skill set than the next person. You may have social media experience, or experience with building websites. If so, then dive into that earlier than most would. If not, you may want to devote more time to those things you can do. The most important thing is that you go get customers! Then as your business becomes profitable take the time to venture into other areas that may take more time, energy and money.

Word of Mouth

See, this isn’t what you wanted to hear is it? But if you want to know how to find credit repair customers this is the quickest and easiest, and most necessary thing that you do. The reason is that people aren’t going to just tell you they have a credit score problem during regular conversation. It’s only when they find out you can help them that they will share that with you.

I’ve said this a thousand times…”Everyone you know needs to know you’re in the credit repair business.”

Stay away from email blasting. Don’t just get a list of your friends and colleagues email addresses and blast. It doesn’t work. Many go to spam. And it’s annoying. One solid conversation will get you much further than a thousand emails.

Business Networking for Credit Repair

A great way to get the word out is to join some local business networking groups. It also gives you an opportunity to hone your conversation and presentation skills. How are you going to talk about your credit repair business? How are you going to present it to a group? Business networking will allow you to practice. Plus business owners know lots of people. They also know people in professions that are important to you like real estate and mortgage.

Don’t hand out business cards, get business cards. I’ve seen so many people at a networking event hand out their cards when they weren’t asked for a card. That’s a networking taboo. Don’t hand out a card unless you’re asked. And never give a card unless you get a card. When you have someone’s card you are now in control and can follow up with them. When they have your card guess who is in control? Not you!

Get a table at a local event. To be honest I’ve never had this produce a ton of business. But it got me talking to a lot of people and practicing my conversations about my credit repair business and answering questions. Plus, as I said before, one good conversation can produce a lot of business.

Referral Sources for Credit Repair

If you’ve not liked what I told you so far you cannot ignore this. If you want to know how to find credit repair customers pay close attention. There are literally thousands of people in real estate, mortgage, banking, auto and solar business that have people not qualify because of credit score every day. And, they don’t have a solution to the problem. How about if you become that solution?

Referrals are far better, a 100 times better than a lead off the internet. Why? It’s because you are being referred. It gives you instant credibility. And, if you teach your referral source just a little bit about how to refer you, your chance of getting that sale is really good. Think about it. They are referring to you someone that is emotionally invested in increasing their credit score. They typically will gladly pay you to help them.

Social Media

Below this I’m going to talk about online marketing but I’ve chosen to talk about social media first. The reason is that it doesn’t matter if you are tech savvy or not. You must have a social media presence. If Facebook is beyond you then get someone that can help you build a Facebook presence. It’s essential.

I teach my Agents from around the country that work with me about Attraction and Curiosity marketing on Facebook. That’s a very in depth topic that I won’t go into here. But what I will tell you is that you want to use social media to educate and attract people. And, make them curious. You don’t want to annoy them with every post being a sales pitch. Always remember you need to first attract people to you before you find credit repair customers.

More Online Marketing

Credit Repair Website- Is a website a priority right away? I would love to tell you that it’s not. But it really is.  The reason that it is a priority is not because it will rank on the front page of Google right away. You need it to rank on Google before you can use a website to find credit repair customers. It will take months before you’ll see that. And, that’s only if you or someone that’s working on your website is really good at search engine optimization (SEO). The reason you want to have a website sooner than later is so that it seasons. Google will not rank a brand new website. Get your website built even if it’s not perfect. And get Google, Bing and Yahoo crawling your site right away.

Credit Repair Blog- When you start your website get a platform like WordPress that allows you to have a blog inside your site. Blogging about credit and credit repair topics will get eyeballs on what you write with links back to your website. Think about it. You’re reading my blog right now! I get it. Some people don’t like to write. Do your best and then hand it over to someone that can write like your teenager. They would probably be fired up to do that for you. Then post your blog articles on your social media pages.

Listings for Your Website- the more links you have back to your website the better. That’s why you want to post your blogs out there. But you can also have links back to your site from Yelp, Google, Bing, Angies List, YP, and many, many more. The more listings you create, the more links back to your website which will get the search engine bots to pay attention when they crawl your site. That will move you up in the rankings.

Credit Repair Sales Funnels- This is a controversial topic for me. The idea is to run ads on Google, Facebook, etc. and drive people to a landing page to see what you’re selling. Then get them to submit their contact info to you so you can use an email or other type drip campaign to keep their eye balls on you. I get it. I just haven’t been able to make it work myself. I’ve spent a lot of time and money trying. As this is being written I am having someone set up a funnel for me because I’ve realized it’s not in my wheel house. I’m not trying to discourage you. I’m just being honest. Perhaps you are good at graphics, writing advertising copy, and have some technical skills. I have the technical side but not the other two.

Credit Repair Affiliate Marketing- I love this idea and am close to pulling the trigger on an affiliate program. However, I would not recommend it when you first get started. The concept is that you have people (affiliates) that have high traffic sites that advertise your credit repair service. If someone from their site goes to your site and buys from you, you get a sale and they get a commission.

Ask yourself these questions before you launch into an affiliate marketing program. Can you afford to pay a commission to an affiliate when you’re first getting your business of the ground? And, is that commission going to be attractive enough for them to market your service over somebody else? They have no loyalty to you. They have loyalty to whoever can convert their leads into the most sales and pay them the most money. And, as I told you before, internet leads are not the best. You might find yourself wasting a lot of time and money here. I’m willing to try it because I’ve done several million in sales in 6 plus years and am really good at closing business.

So there you have it. More than 6 years of figuring out how to get credit repair customers. Each of the categories above has more to it. But this I believe will be helpful to you.

Our Credit Repair Business Model

By the way, you may want to look at our business model because it solves a ton of challenges for you. You get a website, landing pages, marketing videos, an online customer follow up tool, a staff that does all the credit repair admin work for you (no software needed), and more. And get this…you can get started for less than $300.00!

Go to our Business Opportunity page and watch a video that will give you the details. Then Book a Phone Appointment to speak with us. Pick a day and time that’s convenient for you. Let’s talk!

ERA Credit Services is an Independent Agency representing a 501(c)(3) non-profit organization and does not directly provide credit repair services or accept funds from clients for credit repair services.
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How to Find Credit Repair Customers
Start a Credit Repair Business for Under $300

Start a Credit Repair Business for Under $300

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

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

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

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

A Challenge to Overcome to Start a Credit Repair Business

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

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

start a credit repair businessstart a credit repair business

starting a credit repair business

credit repair business opportunity

credit repair business franchise

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

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

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

A Web Site– and text for that web site such as frequently asked questions, a marketing video explaining your service, a contact form, an option for a client to sign up for your credit repair service online, and more.

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

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

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

A Staffed Phone Line for customer support

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

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

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

Credit Repair Franchise

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

CreditCRM

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

Credit Dispute Pro

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

Credit Repair USA

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

Challenges with a Credit Repair Franchise

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

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

The Best Solution to Starting a Credit Repair Business

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

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

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

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

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

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

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

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

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

Highlights of our Company

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

And, we provide clients with a satisfaction guarantee.

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

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

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

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

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

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

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

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

If it sounds too good to be true, it’s not. We have simply found a way to provide a better opportunity. Don’t you owe it to yourself to find out more?

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

Did You Like What You Saw in the Video?

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

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

ERA Credit Services and/or it’s partners, Agents or affiliates make no guarantees to the level of financial success our Independent Credit Repair Agents can achieve. Earning substantial income with this opportunity requires hard work, leadership and dedication and some Agents may make no money at all. All income you receive with will depend upon your individual effort and ability. To see our full income disclosure visit Income Disclosure
ERA Credit Services is an Independent Agency representing a 501(c)(3) non-profit organization and does not directly provide credit repair services or accept funds from clients for credit repair services.
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Online Credit Repair Business

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

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

Online Credit Repair Business Model

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

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

Built in Credit Repair Business Support

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

Start an Online Credit Repair Business for Under $300

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

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

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

online credit repair business

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

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Online Credit Repair Business
Credit Repair Business Owner

Credit Repair Business Owner

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

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

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

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

Credit Repair Business Owner – Choose Wisely

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

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

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

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

Credit Repair Business Owner – The Solution

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

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

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

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

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

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Create Passive Income in Credit Repair

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

Passive Income – Two Components in Your Business

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

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

Passive Income in Credit Repair

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

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

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

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

passive income revolving door

The Efforts of Other People to Create Passive Income

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

We’ve  Got the System to Create Passive Income

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

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

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

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

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

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Create Passive Income in Credit Repair
Reasons Why Credit Repair StartUps Fail

Reasons Why Credit Repair StartUps Fail

We started a credit repair business in 2012 and have developed it into a very successful business that will produce nearly $1 million this year and has done so for the last few years. The truth is that we didn’t know a lot about the industry at the time. Nor did we have a successful track record of owning a business or being an entrepreneur. We’ve learned a lot since then. We’ve discovered the keys to running a thriving credit repair business and want to share the reasons why credit repair startups fail.

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

TIME

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

TECHNOLOGY

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

TEAM

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

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

TRAINING

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

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

HERE’S THE SOLUTION

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

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

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

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

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

credit repair start ups fail

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

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Start a Business That Helps Others

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

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

Start a Business That Offers 3 Things That Americans Need

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

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

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

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

Start a Business That Helps Others

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

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

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

This is what we have been doing since 2012. We have helped nearly 1,000 families get into a better financial situation. We’ve helped hundreds more start their own business to earn more income. And, we get paid on the production of those businesses.

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

To Learn More About Starting a Business That Helps Others

Watch This Video

Now Let’s Talk!

ERA Credit Services and/or it’s partners, Agents or affiliates make no guarantees to the level of financial success our Independent Credit Repair Agents can achieve. Earning substantial income with this opportunity requires hard work, leadership and dedication and some Agents may make no money at all. All income you receive with will depend upon your individual effort and ability. To see our full income disclosure visit Income Disclosure
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