Monday, September 6, 2010

How to Start Your Own Credit Repair Company

How to Start Your Own Credit Repair Company

Are you looking to start your own credit repair company? In the current credit crisis credit repair companies are in high demand. You can offer credit repair services in your local area if you fully understand how the credit score program works.

Instructions

    1

    Understand credit, how it works and how to get information. You will need to be able to study a credit report and know what each item means to credit. You can start by looking over your own credit report. Find as much information on credit scoring as you possibly can. There are hundreds of free ebooks available online. Read them. Know how to get access to credit reports by contacting local credit bureaus and agencies.

    2

    If you aren't sure if you can stack up against the competition, consider going with a franchise. There are several reputable franchises for credit repair businesses that may be willing to assist you in starting a business. They may also train you on the latest credit repair guidelines.

    3

    Be sure that your credit is flawless, then start helping family or friends with their credit. If they realize that you can actually help them with their credit, they will be more likely to tell their friends and family about you. Word of mouth is powerful advertisement. Additionally, you should advertise in your local area. Advertisements in local newspapers and even on local radio stations will be key in getting the word out about your credit repair services. Consider creating a website where you offer a few free tips as well as a way for people to contact you. It is much easier for a person to tell their friends to go to a website and have them remember it than it is for them to give them and expect them to remember a phone number.

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