How To Start A Credit Repair Business From Home
It also helps to provide them with an education packet or sales script so they know how to talk about your business to potential leads. Get trained on the basics of credit repair and learn where to invest your time early on. Depending on the solution, it can take three to six months before any results appear. If the individual is good about maintaining their credit score annually, they may not have to wait as long. Free consultations are advantageous, even to those who already possess good credit. A service that offers free evaluation services will help the individual to identify areas in which they can make changes, as well as identify where they are already experiencing success.
Overall, Lexington Law is one of the most experienced credit repair agencies that you’ll find. They’re a little more expensive than other credit repair firms, but their quality of work is unmatched. Probably makes more since to pay more money on the card closer to its limit. Also, with 5K to put toward CC debt, I would cut back on the credit card spending, because is way more expensive having to pay interest. Due to the nature of credit repair, you should expect to wait for at least 45 days before seeing any progress. For more complicated problems, your company may need six months to a year to make progress.
If they have not, they will also explain why to the credit repair service. CreditRepair.com provides a variety of services to make the customer’s credit life easier. Their Direct package is the cheapest option and for people who have only a few negatives on their credit report. The package includes 15 credit challenges and three disputes lodged with creditors each month.
They’ll pull your credit reports, create a game plan, and then contact creditors and credit bureaus. Finally, once the initial work is completed, you’ll get a score tracker and dashboard to monitor your progress. Credit Saint offers three packages ranging in price from $79.99 to $119.99 per month. Credit Saint prices these packages based on what they call the “aggressiveness” of each package. So, if you only need a little help getting items removed from your credit report or improving your score, you can save money with a smaller package. This firm’s credit repair services are broken into three service levels with prices ranging from $89.95 to $129.95 per month.
In fact, you could see a credit score drop if you close several accounts at once. Although a good credit score can save you hundreds — and even thousands — of dollars in interest charges, some people simply don’t like the idea of paying for something they can do themselves. Because of modern consumer protection laws such as the Fair Credit Reporting Act — and because we live in the smartphone era — you can definitely do your own credit monitoring. If you’re ready to tackle improving your credit, a credit repair service can help save you time, energy, and a whole lot of hassle.