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Credit Repair ??? Start your own business - PowerPoint PPT Presentation

  • Uploaded on is a resource for guiding you on how to improve your own credit without the need for expensive credit repair companies. The site provides lots of resources on the whole process, a member's area where you get the latest updates, and bonus material which help you with your project. The author is an experience with budget, bankruptcy, housing, and credit counseling for the past 5 years.

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Credit Repair ??? Start your own business

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    1. Credit Repair – Start your own business

    2. Credit Repair – Start your own business • Even before the recession, there are a lot of people that need credit repair. It’s because these individuals spent way beyond their means and the only way they can have good standing again is to pay for it. • Credit repair companies continue to do well because during good times and bad, there are people who will always be in debt. To help you get started, you need to educate yourself first about the in and out of the business so you are able to help the client. • Everything you need to know about the credit repair business can be learned from companies that offer such training. • Aside from credit repair companies that give classroom training, there are companies which you can also learn from online. They even have a software program that will teach you everything there is to know. • The nice thing about a credit repair business is that you can start this at home before shelling out money to rent office space. • But how do you find clients? Starting out, you can ask friends and family for help because they may need your help or they know someone who does.

    3. Credit Repair – Start your own business (Continue…) • You should also explain what you can do and what you can’t because promising them that their credit report will be clean once you act on it is impossible. • Since you are in the business of making money, you have to be patient when working with a client. You can’t expect them to pay you up front. • A credit repair business or any kind for that matter will have problems especially when you are just starting out. Initially, some mistakes will be made but you should not look at them as setbacks but a lesson learned so you can offer better services in the future. • Aside from making deals between the client and the creditor, it will also be nice if you can offer some advice so they can save money and get out of debt. • If it so happens that starting a credit repair business is difficult, another option to help you get in the game is to buy the business from someone else who is willing to relinquish it to you. Can this happen? • Yes because some entrepreneurs may want a change in their careers and want to hand this off to someone who is just as determined as them.