Business Idea: Start A Credit Repair Business in 2024
Credit repair involves restoring or correcting a poor credit score by pointing out untrue or incorrect listings from a credit report. The demand for credit repair services is increasing tremendously.
According to a report, the global credit repair services market is estimated to grow at a CAGR of 13.76%, reaching approximately $7,000 in a few years.
The increased demand for credit repair services is because people are after removing negative items from their credit reports so they can reach a higher FICO score and obtain credit. Therefore, starting a credit repair company can be a rewarding and fun business. To start a credit repair company, you need trained and certified staff.
Revenue & Profitability
How much do credit repair businesses make?
Startup Costs
How much does it cost to start a credit repair business?
- It can cost as low as $500 to start a credit repair business.
- It can cost as high as $1,000 to start a credit repair business.
Learn more about the costs of a credit repair business.
Examples Of Successful Credit Repair Businesses
Successful credit repair business businesses and case studies
Noble Notary & Legal Document Preparers is a small but highly profitable B2B and B2C notary service business in Port Orange, Florida generating approximately $15,000/month in profits by servicing both mobile and remote online notary, executive real estate closings, apostilles, legal document preparation, fingerprinting, credit repair, and tax preparation while keeping advertising and overhead expenditures extremely low.
Police lieutenant Ryan Luke grew his side business, Arrest Your Debt, into a $3,500 monthly income stream by blogging about personal finance tips through a focus onΒ financial literacy for first responders.
See full list of successful credit repair businesses.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
