How to Become a Credit Repair Expert

How to Become a Credit Repair Expert

Have you ever considered a career as a Credit Repair Specialist? There is a huge market and people are desperate for help with repairing their credit. There are several different methods to learning credit repair.  It is recommended that you choose a method that complements your learning style.  The top methods to learn credit repair will be covered in this article, but first let’s discuss why it is important for you to learn this craft well prior to offering credit repair services.

The Consumer Financial Protection Bureau (CFPB) is designed to protect consumers.  The CFPB has sued several credit repair companies for multiple violations.  These credit repair companies took advantage of credit repair clients and the CFPB acted swiftly to address complaints. Bad credit repair companies give credit repair a bad name and incompetent credit repair companies that do not act with integrity when working with clients will be reprimanded.  Ignorance of the law is not an excuse.  Be sure to follow state and federal laws and you should not have to worry about the Consumer Financial Protection Bureau penalizing or shutting down your company.

Read and understand the Credit Repair Organizations Act (CROA). This Act prohibits untrue or misleading representations and requires certain disclosures in the offering or sale of “credit repair” services. For example, the Act bars companies that offer credit repair services from demanding advance payment, requires that credit repair contracts be in writing, and gives consumers certain contract cancellation rights. Visit https://www.ftc.gov/enforcement/statutes/credit-repair-organizations-act to access and read the content of the Credit Repair Organizations Act (CROA) in its entirety.  Any credible training should cover the laws that govern restoration. You need to know what you can and cannot do to stay within the parameters of the law to protect yourself and your clients.  You can not afford to learn credit repair the wrong way. Therefore, it is extremely important to take the time to learn your craft in order to provide quality service and to protect your business and credibility.

Learn the basics of credit repair before you take on your first client.  Do the research! You cannot play around with other people’s credit report.  This is not a hobby, this is a serious business. Educate yourself. Budget for the costs that needed to obtain the proper training. We will explore paid as well as free credit repair training alternatives.

Software

The first method to learning credit repair is by investing in credit repair software.  The dispute process is the key to repairing a credit report, so you need to know how to do it effectively.  Therefore, it is crucial to invest in a reliable Credit Repair Dispute Software that provides Credit Repair Specialist with the needed support.  The best credit repair software educates Credit Repair Specialists on the dispute process as well as how to utilize the software.  While learning the software, you will gain valuable information and knowledge regarding the credit repair process. There are several recommended credit repair software providers.  One of the most popular is the Client Dispute Manager software.  This software is highly recommended because credit repair training is offered within the software.  Very helpful information is included in the software and the in-software videos walk you step by step through the credit repair process.  The software not only manages your customers, but it also offers training for how to dispute, what letters to send and when to send them. It assists with managing your business and has an extensive training and a lead generation training option, which is crucial to growing your business.

Webinar

In addition to selecting the correct software, it is highly recommended that you ensure that additional training is available in a format that is complementary to your learning style.  For example, if you are a visual learner, you may prefer to see the information and training material.  Therefore, a training that is highly visual, such as webinars, may be preferred.

YouTube

Another option for a visual learner is credit repair education via YouTube videos. There are informative YouTube videos created by credit repair.  These videos provide valuable information on credit repair, the dispute process, how get started and how to grow your credit repair business.  YouTube videos are also a great option for auditory learners and is oftentimes free!  Auditory learners prefer to hear information, so YouTube videos are a great option for auditory learners as well.  In addition, podcasts or audiobooks may be a great method to learn about credit repair methods and the industry for auditory learners.

Books/Articles/Blogs

Also, if you retain information through reading and/or writing, a credit repair course that will allow you to take notes during the class may be the preferred method of learning.  Reading articles, blogs, e-zine articles and books are suggested as well.  There are highly informative books written by credit repair experts that would provide detailed training.  The number one credit repair book in the country is entitled Hidden Credit Repair Secrets written by Mark Clayborne.  After suffering from a poor credit report for years, he studied the credit repair industry and was able to repair his own credit using his newfound credit repair knowledge.  He shares his knowledge of credit repair in his book, Hidden Credit Repair Secrets.  This book is highly recommended for individuals new to the credit repair industry and who want to learn about the credit repair process.

Workshops

If reading a book is simply not enough, you may be more of a Kinesthetic learner. As a kinesthetic learner, you will enjoy and retain information best through hands-on activities and experiences. A face to face course or credit repair conference would benefit a kinesthetic learner. This would allow interaction through role-playing and hands-on exercises.

Finally, if you are not sure of your learning style, consider training that covers most of the styles of learning and will allow you to read, listen, watch, and participate. There is a lot of information to learn and seeing, hearing, reading, and participating will ensure that all learning styles are covered.

No matter the method you choose, the credit repair training that you receive should be easily accessible and detailed.  As a Credit Repair Specialist, you will have to opportunity to assist thousands of people with your knowledge.  Invest in your training and you will be well on your way to becoming a Credit Repair Expert.

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