Questions related to the Credit Repair Business
Q. Why is this business better then all the other opportunities I have seen and been involved with in the past, like MLM, Direct Marketing, and the list goes on?
A. I feel it is better because there is a great need for the service itself. 3 out 4 Americans have some type of credit issue. There is never a shortage of potential clients!
Q. I have heard that credit repair firms are rip offs, that they charge clients a great deal of money and the clients still did not get their credit problem resolved. I have heard this more so on credit card max outs??
A. Some are ripoffs and obviously, as with any business, you have the legitimate ones and the scam artists..
Q. I live out in the country surrounded by small towns, in which I feel is not the best place to get business from?
A. The way I see it is that you would have exclusivity in your area since you're not in a metro area.
Q. Do you have to meet with your client?
A. I do most of the time, except for those that I do correspond with by phone and mail. It's your choice.
Q. Is this a totally legal business? How does the law enforcement agencies look at this type of business?
A. It is totally legal. I don't know what you mean by law enforcement. In some states you get licensed by the State to do the business, so why wouldn't it be legal?
Q. Will this type of business be here for the long haul, be it bad times or good times? I feel this is a very important question.?
A. As I see it (I've been in it for the past 7 years - Good and Bad economy) it makes no difference. People will always have credit issues no matter what the economy is doing. At the very least on my part, business has been steady in both types of economy.
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Questions related to the Credit Repair Business Kit
Q. What is included in the Credit Repair Biz Kit?
A. The Credit Repair Biz Kit is a comprehensive manual explaining everything you will need to know to go into business for yourself – in the very lucrative – and very fulfilling – business of helping people repair their bad credit.
The manual comes in an attractive binder, and a CD Rom is also included. In addition, purchase of the basic kit includes 90 days email support (or 1 full year if you purchase the “Extended Support” package) and lifetime updates.
The manual is divided into 5 sections;
Section 1
Gives an overview of the process and business of credit repair; the services you will be performing, how much you can expect to earn, pricing strategies, marketing your business, how to begin on a low budget, advanced credit repair, licensing, and credit repair law.
Section 2
Includes forms and letters you will need for your business; a client contract, disclosure form, a financial “to do” plan for your client, a credit scoring chart, and samples of letters you will send to credit bureaus.
Section 3
Gives a detailed breakdown on how to go about incorporating your business; the process of incorporation, steps to incorporation, links to state agencies, fees, types of incorporation options, and a “FAQ” section.
Section 4
Goes into greater detail about how to repair credit and gives very in depth instructions that show you exactly how to perform your services; an explanation of credit bureaus and their practices, laws governing credit bureaus, step by step instructions on how to deal with the credit bureaus, errors in credit reports, how to have negative items removed from a credit report, how to have positive information added, and how to read and interpret credit report information. Numerous sample letters to use, a copy of the FCRA (Fair Credit Reporting Act), and information on how to get a free credit report.
Section 5
Goes into detail about the “Credit Score”; what a credit score is, what factors affect it, how they are calculated, and most importantly, how to go about improving a credit score.
The enclosed CD Rom
A comprehensive collection of documents you will need for your business; dispute letters you will need to mail to the credit bureaus and creditors, materials you can use to market your business (flyers and ads), a client contract, advanced techniques letters, a credit evaluation sheet, financial plan, and materials for incorporating your business.
Q. When I order the Credit Repair Biz Kit, how long does it take to ship?
A. The Credit Repair Biz Kit is shipped by USPS priority mail, which takes 2 business days. It is usually shipped within 24 hours from the time your credit card order is confirmed, unless you order on a weekend or holiday, in which case it's shipped within 1 business day. So you can usually expect your Credit Repair Biz Kit to arrive within 3 business days, 4 at most.
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Questions related to Credit Repair
Q. I've been told that it's impossible to remove accurate negative information from a credit report if it can be verified. Is this true?
A. According to the Fair Credit Reporting Act, information that you dispute must be verified within 30 days, or it must be removed from your report. The key phrase here is "...if it can be verified." It's not sufficient that it "can" be verified, it MUST be verified, or it must be removed.
Q. I'm not sure I can fix my own credit. Don't I need a professional to do this for me?
A. Some people are more comfortable hiring a professional. A credit repair agency or law firm will charge you from $2,500 to $5,000 OR MORE!
But it's really not that hard. If you can write a few letters, stamp and mail them, then you can repair your own credit and literally save thousands! And not only on fees! With good credit, you'll pay lower rates for credit cards and loans, saving you additional thousands over time.
Our "Create Dynamite Credit in as little as 34 Days" ebook walks you through the process and even gives you dispute letter templates you can use to write your letters to the credit bureaus.
What's EVEN BETTER than MAKING MONEY? Find out HERE!
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