When working in credit repair naics code industry, it’s essential to stay abreast of business trends and laws that affect your industry. There’s also plenty of useful online information that will assist with running an effective credit repair business; Sky Blue Credit Repair’s article gives an example of their successful start up story as well as offering tips to those just entering the industry.
Credit repair specialists and those new to credit restoration will find immense benefit in visiting the website of the trade association that represents credit counseling companies. Here you will find accreditation and helpful articles which provide guidance for newcomers.
Credit repair businesses face unique difficulties when operating their businesses, with chargebacks often being one of the main concerns. To reduce chargeback risk, try not promising unrealistic outcomes like decreasing a customer’s credit score by 50 points or eliminating four negative items from their report.
Make sure your business complies with the Credit Repair Organizations Act, which mandates consumers sign written contracts that outline all fees and services provided – this helps prevent fraudster activity and protect consumers.
