How To Start Your Own Credit Repair Business

Following Steps Are Given Below To How to Start Your Own Credit Repair Business

Determine licensing and bonding requirements. Laws differ in jurisdictions, but in general, a credit repair business has to apply for and obtain a occupational license. In addition, seek a surety bond with a bonding agency. Typically, credit repair businesses must bonded to legally operate. Check with your state's department of business regulation for the specifics of each requirement.

Establish a relationship with the credit bureaus. Contact each credit reporting agency and get the names of the dispute department supervisors and managers. Mail your credit repair business' business cards and brochures to each supervisor and manager along with an introductory letter. Stay in regular contact with the dispute departments and learn their dispute procedures.

Market your credit repair business. Create and publish a website that contains your mission statement, a summary about the credit repair process, a schedule of fees and your business' contact information. Use social networking sites and pay-per-click ad campaign to drive traffic to your website and distribute fliers in local shopping mall parking lots. Purchase print and radio advertising to target local consumers.