ERA Credit Services

Category: Financial Services Business

How to Build a Credit Repair Business

How to Build a Credit Repair Business

How to Build a Credit Repair Business

You Can’t Create Momentum When You Have to Create Everything

You’ve heard the saying, “You don’t know what you don’t know”? I resign myself to this many times when I’m talking to people that call me for information on how to build a credit repair business.

The first stage of someone learning about starting a credit repair business almost always begins with changing a preconceived mindset that they have to build it all themselves. Because what they don’t yet realize initially is the enormous amount of time, energy and money it will take to build it from scratch.

Even if they do learn how to build a credit repair business all on their own what they don’t often think about is how they’ll compete against other companies with experience, technology and track record. And, what about the state and federal laws they have to navigate through? These laws cost more money and limit the amount of revenue and profit they can earn.

Let’s say they get through all of this and build a credit repair business on their own. Great! Now, how are they going to find the time to get clients, not just a few but hundreds of clients, and deliver the service to those clients?

There’s another saying, “If you want it done right, do it yourself”. That saying is what unsuccessful people abide by. Successful people use the efforts of others that know more than they do about how to do something. That’s how they get more done and build large, successful businesses.

Build a Credit Repair Business for Less Than $300

What if there were a way to build a credit repair business for less than $300 total start up costs? It includes training on exactly what to do to get a steady stream of clients, staff to provide the service delivery to the clients, technology to keep them and their clients informed, and access to all the marketing materials they’ll need.

And, what if someone could build it small, or build it all over the country by incorporating the efforts of other Independent Agents? And, learn directly how to build a credit repair business from a top producer in the credit repair industry. Not just someone that teaches, but someone that is currently running a successful credit repair business.

This opportunity exists. It takes an open mind to understand a different type of business model and it takes training and hard work. But if someone is willing to learn and work hard they can be where they want to be in a far shorter time.

Visit https://eracreditservices.com/credit-repair-business-opportunity/
to watch a video that will explain all the details on how to build a credit repair business for less than $300.

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 

This post was originally published in September, 2016. It has been updated for accuracy and comprehensiveness.

Work From Home
Credit Repair Opportunity

More and more people today desire, and sometimes need, to find a work from home business.

Stay at home parents, retirees and others want an opportunity to work from home and generate supplemental or full time income. Over 20,000 people around the U.S. are taking advantage of our work from home credit repair opportunity. Some are working with us part-time to supplement another income. Some develop it into a significant full time income. But the key is that they all work from home.

What’s the Market in Credit Repair?

Nearly a third of Americans have a credit score lower than 601. That is the designation point between poor and fair credit. Of course, in order for these individuals to improve their financial situation they need to raise their credit score. Getting credit for a home, a car, credit cards and far more requires a favorable credit score.

How Do We Find People with Less Than Favorable Credit?

This is an exciting part of our business. All we have to do is develop relationships with professionals in credit-related industries. Industries such as real estate, mortgage, banking, solar and automobile in particular. These industries need people with a favorable credit score to qualify for financing to purchase what they sell.  In the solar industry, as an example, up to 50% of customer prospects cannot qualify for financing due to credit score. They have no solution to the problem.

You Become the Solution with Our Work From Home Credit Repair Opportunity

Professionals in credit-related industries are happy to refer their credit challenged clients to our Independent Agents. Your role as an Independent Agent is to sell people our services. Most of this is done over the phone. You will want to go out and meet people in real estate or the mortgage business perhaps but client work is done from your home office. Customer support and service delivery (credit repair & other services) is provided by our corporate office team.

You Can Market to People in All 50 States

There are no restrictions or territory boundaries. Our parent company has cleared the way for our Independent Agents to offer our services in all 50 states and U.S. territories. Technology and cell phones allow us to market and sell our services as if we were next door.

If You Like People You Can Learn This Business Quickly and Easily

Our training program and one on one mentoring help you learn exactly how to do it. There are some things you need to bring to the opportunity. Does it require sales skills and comfort level to speak to people on the phone? Yes. Do you need creativity to attract people to reach back out to you? Yes. Does it require consistent dedicated hours every week? Yes. Does it require an entrepreneurial mind set? Yes.

The rest is in place. A website, online marketing materials, sales funnels with landing and thank you pages, email drip campaigns, example social media posts, videos about our services, and live customer support to take over after the sale, is all in place.

With this work from home credit repair opportunity you can earn income from day one.

Our Independent Agents are paid weekly on the previous weeks sales. You can also earn monthly residual income as well. In addition to income you earn during the month from new sales, in a very conservative scenario you can have over $2,000 a month coming in for work that you’ve already done. And, just keep building upon that.

We’re excited to show you what we have to offer. If you’re the right person for a work from home credit repair business we’d love to speak with you. But before we do that watch this video. It’s 30 minutes long so watch it when you have that period of time to devote to it. Take notes. Write down questions. Then after you’ve watched the video click below to Book a Phone Appointment with Vice President, Dale Guiducci. He’ll answer your questions and share how he has built a multi-million dollar business from home over the last 7 years. You may not want to generate millions but what if you did even a small percentage of that?

Now to learn more about our work from home credit repair business opportunity…
Go Ahead & Book That Phone Appointment.


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 

This post was updated from a previous post published in November, 2015. It has been updated for accuracy and relevance.

<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2019/01/Work-From-Home-in-a-Credit-Repair-Business-4-625x415.png" alt="Work From Home
Credit Repair Opportunity" />
Start a Credit Repair Agency TODAY!

Start a Credit Repair Agency TODAY!

When you come up with the idea to start a credit repair business it seems pretty simple. But after doing some research you realize that there’s a lot to it. And, it’s going to take more time and money than you originally anticipated. Even just the basics can be hurdles to jump over. But I’m hear to give you good news. You can start a credit repair agency and do it today!

To Do List for Starting a Credit Repair Business

Federal and State Laws have to be researched and overcome. Can you afford to not accept upfront fees? And, can you afford the surety bond if one is required by your state.

You’ll need to find a way to pull credit for your clients or are you going to have to ask your clients to pull their own? Or, maybe they sign up for a credit report service and give you their username and password. That’s not ideal.

Then you become aware that it’s next to impossible to find a merchant services company to work with someone in the credit repair business. So, how are you going to be able to process credit and debit cards?

Of course, you have to choose the best credit repair software to use. Or, at least pick one that isn’t going to cost a fortune.

Maybe you know how to build a website, maybe not. But that has to be tackled for sure.

In order to start a credit repair agency you have to have credit repair training

Oh, and marketing materials like business cards, brochures and flyers. Too bad you couldn’t have a high quality video.

And all that’s just for starters. You haven’t yet figured out who’s going to do the marketing, the sales, and deliver the credit repair service. Oh wait, that’s all on you!

What If There Were a Way to Start a Credit Repair Agency TODAY?

Well, there is! Our company has been in business since 2004 and offers an opportunity for you to own your own credit repair business as an independent Agency. It’s very similar to a State Farm Insurance Agency. You would market to and sell to customers and the parent company delivers the services.

  • All federal and state laws have been satisfied so you can not only do business in your state but ALL 50 STATES!
  • The company pulls credit for your clients.
  • All credit and debit card transactions are processed by the company.
  • You’ll have an expert staff that analyzes credit reports and drafts the dispute letters.
  • You do not need any software or even need to learn how to write a dispute letter.
  • The company gives you a customized website.
  • Professional, compliant marketing materials are available including professional marketing videos for you to use.
  • And, because they deliver the credit repair service you can simply concentrate on marketing and sales to help even more customers.
  • You’ll have an excellent online training platform so you don’t have to leave your home or office to learn the basics. And, you can do the training anytime you want.
  • Would you like to learn this business from someone that is a multiple award winner and has brought in over $ 4 million in revenue? You will. You’ll have one on one coaching and get weekly LIVE training from me, Dale Guiducci. I will teach you EXACTLY how credit repair works and make you an expert for your clients.

But It Gets Even Better Than That

You’ll be able offer far more than just credit repair to your clients. Don’t get me wrong. Credit repair is a great service. It increases consumer credit scores. In fact, we’re very good at it and have been since 2004. We’re (NACSO) National Association of Credit Services Organizations certified and our credit repair division has an A+ Better Business Bureau rating.

But credit repair only works on Payment History which makes up just 35% of a credit score. What about the other 65%? You’ll have other services to provide to your clients at no extra charge that will affect 100% of their credit score.

You Could Be in the Credit Repair Business Today!

Become an independent Agent with us today. Everything mentioned here is provided to you immediately. You could be out talking to customers and enrolling them today!!

A Credit Repair Agency is a Great Way to Start a Part Time Credit Repair Business

If you have to initially get started with a credit repair business part time this is perfect! The company provides you with everything you need so you can do this with 10 hours a week or more. How would you be able to start a credit repair business on 10 hours a week on your own?

But Here’s the Best Part

If you’ve done the research you know that to start a credit repair business could cost you $10,000 and far more. So, if I told you that it would cost just $5,000 to start your own Agency you’d probably be thrilled.

Relax Because You Can Start a Credit Repair Agency for Less Than $300!

But you have to do something before you jump in.

You have to watch the 30 minute video below to learn the details on our credit repair services, the cost to the customer, your compensation, our business development opportunity, our credit repair business training and how to get started. Once you’ve done that then you’re ready to book a phone appointment with me to get your questions answered and start your Agency if you’re ready.

So, go ahead and watch this video. Then book that phone appointment.

You’ll be speaking directly to me, Dale Guiducci. Here’s a little about me…

I decided to start a credit repair agency in June of 2012. Since then I have become one of the most successful Agents in the country. I have won every major award and contest the company has. But more importantly I’ve helped others become successful in their own Agency which is what I want to do for you.

Now Book That Appointment!


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 

Credit Repair Business – The Reality

It’s a Great Business But…

The changes in the American economy over the last 2 decades have created a huge market of consumers in need of help with their credit report and increasing their credit score. As a result, many people have decided to look into starting a credit repair business.

But just like any other business there are challenges. If you have never attempted starting a credit repair business before there is a lot of information to gather and knowledge necessary to do it the right way. The credit repair industry, like many others, has a high percentage of people that start the business and quit within the first year. Why is that? And how do you avoid being one of those people? This article will cover the points you need to consider.

Laws and Licensing

There are no licenses you need to have to be in the credit repair business. However, you do have a few laws you must consider. And, these laws may be different in each state. The Credit Restoration Organizations Act (CROA), a federal law, states that a for profit company cannot charge fees before performing credit repair work for a consumer. Although many have come up with creative ways to deal with this law it will affect cash flow for a new business owner. However, attorneys, banks, credit unions and 501(c)3 non-profit companies may charge upfront fees. They are exempt from CROA.

In addition, certain states require surety bonds up to $100,000. Bonds will run you between $1,000 and $10,000 every 2 years depending on the surety amount and your credit score. Yes, credit score affects just about everything.

Fees for Service

In addition to deciding how you are going to charge for your credit repair services (if you cannot charge upfront how are you going to charge?) you must also decide how much to charge. Gone are the days when you can charge $1,500 to $5,000 for credit repair services. There are established, reputable companies that charge $90 to $125/month for a very effective service. You’ll have to compete with that when starting a credit repair business.

Initial Investment of Starting a Credit Repair Business

There are typically two ways to go with starting a credit repair business. The first is to purchase all the necessary components such as software, a web site, legal documents, training, etc. separately. We’ve estimated this cost to be about $10,000 in the first year although these items can be purchased on a monthly basis. The other way to go is to purchase a franchise. The investment in a credit repair franchise is between $19,000 and $25,000. Don’t be discouraged if you do not have $10,000. We will give you a third alternative below that has a start up cost of less than $300.00.

Technology

Consumers today expect that a company will have technology in place to allow them to stay in touch and keep track of what’s happening with the progress of their credit repair process. You must provide your customers with the ability to check the status of their account online to be competitive in this industry. Doing this as solopreneur may be an expensive and daunting task.

Skill Sets

If you’re doing it alone in this business you have to be good at three things, marketing, sales and administration. You have to be a good marketer. Selling your credit repair service to friends and family may get you started but you must position yourself as a credit repair expert in your area. You have to get the word out in the community by developing relations with other business professionals that may have clients that need your service. You must have an online presence as well. Not just a website but the ability to drive traffic to your web site. You need to have leads coming to you every day.

Then you have to be great at sales especially when you’re new because you have no track record or credibility to fall back on. You have to sell against local and national companies that your prospective customer is going to contact as well. Even if your company has the same credentials and advantages as other companies how good are you at selling and closing sales?

Lastly, you have to be good at credit repair. Can you pull credit reports (credit report brokers don’t want to supply credit repair companies) and analyze those reports. Do you know how to advise the client as to the probability of removing all types of items (foreclosures, liens, charge offs, medical bills, repossessions, late payments and more). You then have to know the correct dispute codes and reasons that a credit bureau will open a dispute about these items. Then you have to track this information and be prepared to challenge each item multiple times for a client. This is no easy set of tasks.

Time

You have to have time to do all that is stated above when starting a credit repair business. Credit repair business owners can’t find time to develop new customers because they are doing the credit repair work for their existing customers. Or, they can’t find the time to service the customer because they are trying to develop new customers.

The Solution

Everything stated above comes from experience. It seems daunting, and if done on your own it is. However, we have developed a system for new credit repair business owners that addresses and overcomes everything we have discussed here.

All the state laws and requirements are met. You can do business in ALL 50 states right away.

There is a low initial investment of less than $300.00.

This system provides the latest technology for you to offer customers.

There is an online training platform and one-on-one credit repair business coaching.

You utilize a staff to do the credit repair admin work. This allows you the time to market and sell to customers.

In addition, you’ll provide the best, fastest, and most effective credit repair service in the industry.

But the best component to this solution is that you can develop other people that want to build a credit repair business. They are part of your business and you earn income from their production.

It is without question the best opportunity for anyone that desires to start a credit repair business.

For more information watch a Detailed Video & Book an Appointment to speak with us

start a credit repair business

This post was originally published in March of 2014 and has been updated for freshness, accuracy and comprehensiveness.

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

Credit Repair Business – The Reality
<img class="blog_post_image" src="https://eracreditservices.com/wp-content/uploads/2014/02/Starting-a-credit-repair-service-603x415.png" alt="Starting a Credit Repair Service?
What to Consider" />

Starting a Credit Repair Service?
What to Consider

We’ve discussed before in a previous blog post, Start a Credit Repair Business for Under $300, that typically there are two options when starting a credit repair service. The first is to purchase a credit repair franchise. The other is to piece it all together and buy all the necessary components to begin your business in the credit repair industry.

Of course, that previous blog post goes on to share how you can become an Independent Agent with our company and have the best of both worlds. You can own your own credit repair business but not have to start from scratch. Everything is provided for you for under $300.

Important Questions to Ask Yourself

There is another important decision to make, however. Actually it’s a question you have to ask yourself. The answer to this question will dictate what direction is the best for you to follow. The question is, “why are you getting into this business?” This is a simple question with a complex and very valuable answer. Typically people get into credit repair for one of two main reasons, or both. They want to help people, and/or they want to make money.

If you want to do either or both you must then ask yourself how many people do you want to help? And, how much money do you want to make? If the answer to either of those questions is a lot, or a significant amount then here is the stark reality of this business. You can’t help a lot of people nor make a lot of money on your own and by yourself.

Time and Money

In order to help a lot of people in the credit repair business you have to have the time and skills to market and sell your service, and do the administrative work on the back end once you get the clients. The time to do both is almost always under estimated by people that have no experience in this industry.

On top of that you have to charge a reasonable fee. The days of charging $1,000 or more for credit restoration are over. There are too many companies out there doing it for far less. But if you compete for business charging a similar small fee you won’t have enough revenue coming in to make it work.

What’s the Answer – A Third Option

There is an answer when starting a credit repair service. Have a network of people running their own credit repair business and get paid a percentage on what they do. They can find customers that you can’t. They can develop relationships in their business community that you can’t.

Our staff does all the credit repair work. Did you catch that? Our staff handles all the admin work so you have time to get more customers! You don’t have to pull and analyze credit reports, and draft dispute letters. By the way, trying to find a company that will supply you with credit reports is next to impossible in the credit repair industry.

While running your own local business you can also build a large operation on a regional and even national scale. This is a concept that any successful company utilizes. Your income then is not just dependent on your own efforts. It’s now derived from the efforts of many others.

Starting a Credit Repair Service – Training

When starting a credit repair service there has to be training available, right? Not only for you, but your network of others building their business. Where will you find credit repair customers? How can you find other people that want to start a credit repair business? How do you talk to these people?

Our company has put together a great training platform. First, we offer an online training program that is flexible. You can go as fast or as slow as your schedule allows. Then you’ll be coached by me, Dale Guiducci. I have developed a credit repair business producing over $1 million in revenue annually. I will teach you the day to day, “in the trenches”, what it takes to be successful in this industry. In addition I do a live training once a week that you can watch as it’s filmed or on replay.

Something Else to Consider

Another factor to consider when starting a credit repair service. What are the laws in your state regarding credit repair? Do you have to register with your state and purchase a bond? By becoming an Independent Agent with our company you don’t need to worry about any of this because we have taken care of all state requirements. You can do business in all 50 states.

If you consider everything you should before entering the credit repair industry you’ll see that our business model is brilliant. It offers you everything you need to build a small or very large credit repair business. You do not have to invest a fortune. You do not have to deal with all the regulations and laws governing the industry. And, you’ll have time to develop a steady stream of customers. You can be in business today.

Watch a Detailed Video and Book a Phone Appointment to Talk With Me

start a credit repair business

This post was originally published in February of 2014 and has been updated for freshness, accuracy and comprehensiveness.

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

A Home Based Financial Services Business

Is it possible to build a home based financial services business and make the same income, if not more, than at a traditional job? Yes it’s possible. And, it’s wonderful. I can say that because we’ve done it and can show you how.

Your commute is as long as the distance from your bedroom to your home office. You can take breaks and days off when “you” want. And, you don’t have to work with people that someone else hires. You choose who you want to spend time with. home based financial services business

A Home Based Financial Services Business

Our home based financial services business is Financial Education Services (FES). This is the business my wife and I chose to launch and build alongside of our accounting business. Because of the growth of this new business we shut down our accounting business after two years. The reason we chose FES is due to the track record of the company and the nature and pricing of the services they offer.

We were not going to refer our valued clients, associates and friends to a company that was less than solid. FES has been in business since 2004. FES has an A BBB rating.  They have served well over 250,000 clients, and are accredited by the National Association of Credit Services Organizationss (NACSO). The company has maintained the same principal leaders since the beginning, and the company is debt free.

Services Offered by Financial Education Services

Financial Education Services offers services that restore and protect people’s credit, their identity, their family, and their financial future. In these tough economic times nearly everyone is in need of these services. They offer a low cost, effective credit repair program. In addition identity theft protection, a will and trust program, and other services that help people pay off debt faster and improve their credit score. FES has something that everyone needs.

The Business Model

FES is a direct sales company. In the field we are Independent Agents. It’s very similar to the relationship between a State farm Insurance agent and State Farm. We market and sell the FES services while FES and it’s partners deliver the services to our clients. FES also provides the entire technology infrastructure and customer support. The biggest advantage this business model offers is the ability to add Agents into your business. Much like an insurance or real estate broker, we can bring on Agents to increase our business. And, we can add those Agents anywhere in the country. So, it’s possible to build a nationwide FES business from your home office as we have done.

Residual Income

As you grow an FES business you develop recurring revenue and residual income. Again, comparing this to the insurance industry, we get paid every month that a client stays on service. We not only get the revenue from these past clients but we also get new revenue generated by our Agents every month.

What We Most Enjoy About Working with FES

Dale & Shirley Guiducci
Dale & Shirley Guiducci

 

The one aspect of what we do as an FES Agent that I really enjoy is developing relationships with other professionals. People in the mortgage business, real estate agents, bankruptcy attorneys, bankers, and auto dealers. People in these professions all have clients that need to restore their credit. Real estate and mortgage professionals, as well as auto dealers, particularly want to work with us. They have prospective clients that once FES successfully removes derogatory items from their credit report become ready, willing and now able buyers.

We also work from our home office. We enjoy freedom and flexibility with our work schedule which is so rewarding. It doesn’t mean we didn’t work hard building our business. It simply allows us to work when we want and how much we want. Just being in control versus being controlled provides a major sense of satisfaction.

FES is a long term home based financial services business opportunity whose services will be wanted and needed many years from now. There are Agents with FES making a nice part-time income all the way up to those that are making 5 figures a week. So, it has the same huge income potential like many direct sales companies if someone is willing to go to work and build it. We are one of those people and would love to share more.

home based financial services business

This post was originally published in November 2012 and has been updated for freshness, accuracy, and comprehensiveness.

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/2018/12/California-Credit-Repair-Business-e1544345897597.png" alt="Start a Credit Repair Business
in California" />

Start a Credit Repair Business
in California

It can be difficult and expensive to start a credit repair business in California. 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 to Start 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.

Start a Credit Repair Business in California for Less Than $300

A major advantage in becoming an Independent Agent with us is the upfront investment. The total cost to get started is less than $300.00. That includes a website and an online business portal. You have access to professional marketing materials. You’ll be offering 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

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

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

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

Credit Repair Business Plan
How to Find Credit Repair Customers

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. This may be a great way to find credit repair customers. 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!

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

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.

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/2013/06/Start-a-Credit-Repair-Business-e1544346822128.png" alt="Start a Credit Repair Business
for Under $300" />