Credit repair – Purple Payday http://purplepayday.loan/ Sat, 14 May 2022 06:08:23 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://purplepayday.loan/wp-content/uploads/2021/10/favicon-1-120x120.png Credit repair – Purple Payday http://purplepayday.loan/ 32 32 FTC says credit repair operation was a scam https://purplepayday.loan/ftc-says-credit-repair-operation-was-a-scam/ Fri, 06 May 2022 14:40:00 +0000 https://purplepayday.loan/ftc-says-credit-repair-operation-was-a-scam/ If your credit isn’t as good as you’d like, a company that promises to boost your credit score by hundreds of points in as little as 45 days may seem like the perfect answer. This is the result that a company called The Credit Game claims to be able to offer with “credit grafting” and […]]]>

If your credit isn’t as good as you’d like, a company that promises to boost your credit score by hundreds of points in as little as 45 days may seem like the perfect answer. This is the result that a company called The Credit Game claims to be able to offer with “credit grafting” and other credit repair services. But according to the FTC, The Credit Game took people for a ride.

“Credit piggybacking” is where someone who wants to boost their credit score pays a credit repair company to be added as an “authorized user” to the credit card account of someone with a score. higher credit. However, the person becomes an “authorized user” in name only and does not have access to the account. The idea is that they can improve their credit by “leaning” on the good credit of a stranger, who collects a fee for letting their account be used for the sham.

But it is a sham. And, in its lawsuit against The Credit Game (formerly Wholesale Tradelines) operators, the FTC says it was just one of many illegal practices used by the defendants to extort hundreds, if not thousands, of dollars from people short of money for credit repair. ineffective, undeliverable or outright illegal services.

Among other things, the complaint alleges that the defendants charged people before fulfilling their credit repair promises, which is illegal for credit repair companies. And he alleges they claimed their services were ‘guaranteed’ but consistently refused to reimburse people.

Additionally, according to the FTC, the defendants presented a bogus business opportunity that they claim would allow people to earn millions by operating their own credit repair companies. According to the complaint, the defendants urged people to use their government COVID-19 benefits — stimulus checks and child tax credits — to buy the supposed opportunity.

If you plan to pay for credit repair serve, read Repairing Your Credit FAQ to learn how to spot credit repair scam. Effective credit repair takes time, but anything a credit repair company can do legally, you can do yourself at little or no cost. If you want a hand, your local credit union, university, or military personal finance manager may be able to recommend a nonprofit credit counseling program that can help.

]]>
FTC Alleges ‘The Credit Game’ Violated Credit Repair Rules https://purplepayday.loan/ftc-alleges-the-credit-game-violated-credit-repair-rules/ Thu, 05 May 2022 21:08:43 +0000 https://purplepayday.loan/ftc-alleges-the-credit-game-violated-credit-repair-rules/ The FTC’s latest credit repair case alleges that the creators of The Credit Game falsely promised to help people improve their credit scores fast and misled them into thinking they could make millions by running their own credit repair companies. The defendants even went so far as to urge people to invest their government COVID-19 […]]]>

The FTC’s latest credit repair case alleges that the creators of The Credit Game falsely promised to help people improve their credit scores fast and misled them into thinking they could make millions by running their own credit repair companies. The defendants even went so far as to urge people to invest their government COVID-19 benefits in this alleged money-making opportunity.

The lawsuit accuses Michael Rando, his wife, Valerie Rando, and seven of their companies of violating several consumer protection laws, including the Credit Repair Agencies Act (CROA) and the Telemarketing Sales Rule (TSR). At the request of the FTC, a federal court froze the defendants’ assets, appointed a receiver, and ordered them to cease their allegedly illegal operations pending further proceedings in the case.

According to the complaint, the Florida-based defendants have operated an illegal credit repair business since at least 2019, first as Wholesale Tradelines and later as The Credit Game. He alleges that through YouTube videos, websites, emails and telemarketing they falsely claimed they could boost people’s credit scores by hundreds of points in as little as 45 days, remove negative items from a credit report and induce positive credit from a third party. a story of exposing – and improving – a person’s poor credit report through a practice known as “stacked credit”.

But the FTC says the defendants misled and deceived people: Credit repair companies cannot legally remove accurate and timely negative information from a credit report. And, according to the FTC, the defendants’ “services” included filing false identity theft reports with the FTC that falsely claimed that the people’s debts were the result of identity theft, providing false information to credit bureaus and encouraging their customers to lie to the credit bureaus, all of which is illegal.

In addition, the complaint accuses the defendants of presenting a false business opportunity to people wishing to start their own credit repair business. As part of their sales pitch, they allegedly used false and misleading tax returns, telling an undercover FTC investigator that they could make “tens of thousands” of dollars each month. According to the complaint, the defendants urged people to “invest” their government COVID-19 benefits — stimulus checks and child tax credits — in the supposed opportunity.

In addition to CROA and TSR violations, the 16-count complaint alleges that defendants violated the FTC Act, the Business Opportunity Rule, and the COVID-19 Consumer Protection Act (CCPA), which, in part, prohibits deceptive acts or practices associated with government benefits related to COVID-19. Among other things, the complaint alleges to the defendants:

  • Billed hundreds or even thousands of dollars to people in advance, which is illegal under CROA and TSR
  • Failed to make required disclosures about his business opportunity
  • Failed to provide disclosures and documents required by AORC, and
  • Did not honor their money back guarantee.

What’s the takeaway? If you sell credit repair services, CROA has a clear list of do’s and don’ts. If you haven’t reviewed it recently, now is a good time to do a compliance check. If you are a promoter, you can also check out the FTCs Advance notice of regulatory proposalan FTC initiative regarding false, misleading, and unsubstantiated tax returns.

]]>
14 things to look for in the best credit repair companies https://purplepayday.loan/14-things-to-look-for-in-the-best-credit-repair-companies/ Sun, 01 May 2022 15:50:12 +0000 https://purplepayday.loan/14-things-to-look-for-in-the-best-credit-repair-companies/ There are many credit repair companies. How do you know which is the best? How do you know which one will provide high quality services and help you improve your credit score? This article will list 14 things to look for in the Best Credit Repair Companies. By following these guidelines, you are sure to […]]]>

There are many credit repair companies. How do you know which is the best? How do you know which one will provide high quality services and help you improve your credit score? This article will list 14 things to look for in the Best Credit Repair Companies. By following these guidelines, you are sure to be working with a company that will provide you with quality service and help put you on the path to financial success.

1. Check customer reviews

When looking for a company to do work on your home, it is crucial that they have been in business long enough and have gained experience. It’s also worth considering whether or not there are any complaints against them through online reviews from former customers who might be willing to err on the side of caution if necessary. Look for companies that have been in business, or you can search for online reviews of them. Check their reputation and see what others think before getting any of these services.

The key to getting your credit in order is to be aware of the many factors that can affect it.

2. Money Back Guarantee

The company should also offer a money back guarantee. This shows that they are confident in their ability to help you improve your credit score. If they are unwilling to provide a money back guarantee, you should consider working with another company.

3. Detailed action plan

The company should also be able to provide you with a detailed action plan. They should let you know what they will do to help improve your credit score. This way, you can make sure they are taking the necessary steps to help you achieve your financial goals.

4. Excellent services

It’s no secret that customer service is an essential factor in deciding who to do business with. With so many businesses, it would be difficult, if not impossible, for you and your business to not only survive, but also thrive without great service. You deserve answers from those who provide them – and when they don’t get what they need right away, it can mean a goodbye forever, because no one wants the added uncertainty or frustration. of everything else.

5. Background check

When researching potential suppliers, try to find out from friends beforehand. If possible, check online reviews before making a final decision. A good credit repair agency is not created overnight, it takes time! This starts with understanding what type(s) of damage has been done to their report from things like late payments due at various points in the account’s history up until today; this information helps us see patterns that tell us exactly the best approach to fix these errors.

6. Customer service

When it comes to credit repair, the last thing you need is an encounter that leaves a sour taste in your mouth. Make sure the company has great customer service and works to resolve issues as quickly as possible so they can’t come back. You should be able to contact them quickly and they should respond promptly to any questions or concerns you may have. It is essential to work with a company that you feel comfortable communicating with.

7. Free consultation

Another thing to consider when researching credit repair companies is their free consultation. This way, you can get more information about their services and determine if they fit your needs. If you are looking for a job, it is crucial to find one that meets your needs. Sometimes that means working with companies that have specific requirements or wants in mind, which isn’t always what you want.

8. Insurance

Many people think they need insurance from their employer. However, let’s assume that they already provide paid sick leave and vacation days. In that case, there shouldn’t be any other reason why someone would need additional benefits beyond those two things, plus retirement funds set up expressly for employees to take care of. themselves when they leave.

9. Financial situation

When it comes to your financial situation, it’s important to work with a credit repair service that understands how to handle your needs carefully. A good credit repair company will tailor their services specifically for you, taking into account all factors relevant to your financial situation and dealing with them sensitively and efficiently. Whether you need help repairing damaged credit or simply establishing good financial habits, quality credit service can help you achieve your goals efficiently and conveniently. So when it comes to managing your money and coping with difficult financial situations, don’t settle for anything less than the best – choose a reputable credit repair company today.

10. Accreditation

The importance of accreditation cannot be overstated. Your business must have the proper credentials in terms of what and where they are so customers know you are qualified enough without a doubt. You want to make sure that the credit repair company you work with is accredited by the Better Business Bureau or another similar organization. This shows that the company is reputable and has a good track record. It is essential to have a company that you can trust and that has been around for a while.

11. Research

You should do your research and compare different companies, and talk to friends or family members who have used credit repair services in the past. There are so many different companies to choose from when it comes to meeting your business needs. If you want a company that will work hard and provide great customer service, then that’s where we come in. With so many companies promising to help you improve your credit score, you need to research and find the best one for yourself.

12. Reliability

Repairing your credit is an important decision that requires a lot of confidence. You trust a company with your personal information and to help you improve your credit score, which can affect your ability to get loans, credit cards, and even a job. You want to make sure you’re working with a reputable credit repair company with so much at stake.

13. Look for experience

Credit repair is a complex process, so you want to make sure you’re working with a company with a lot of experience.

14. Ask about their process

A good credit repair company will be upfront about their process and what they can and cannot do for you. Get everything in writing. Be sure to get any promises or warranties in writing before signing up for services.

By following these guidelines, you can be sure that you are working with one of the best credit repair companies. If you find a business that meets these criteria, you can be sure that you are on your way to financial success.

]]>
Global credit repair services industry expected to reach $7.1 billion by 2027 https://purplepayday.loan/global-credit-repair-services-industry-expected-to-reach-7-1-billion-by-2027/ Mon, 25 Apr 2022 14:23:00 +0000 https://purplepayday.loan/global-credit-repair-services-industry-expected-to-reach-7-1-billion-by-2027/ DUBLIN, April 25, 2022–(BUSINESS WIRE)–The report “Credit Repair Services Market Research Report by Function, Application, Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” has been added to from ResearchAndMarkets.com offer. The global credit repair services market size was estimated at USD 3,298.67 million in 2021, USD 3,746.96 million in 2022, and is […]]]>

DUBLIN, April 25, 2022–(BUSINESS WIRE)–The report “Credit Repair Services Market Research Report by Function, Application, Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” has been added to from ResearchAndMarkets.com offer.

The global credit repair services market size was estimated at USD 3,298.67 million in 2021, USD 3,746.96 million in 2022, and is projected to grow at a compound annual growth rate (CAGR) of 13.76 % to reach USD 7,152.18 million by 2027.

Competitive Strategy Window:

The strategic competitive window analyzes the competitive landscape in terms of markets, applications and geographies to help the vendor define an alignment or match between its capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for vendors to adopt successive strategies of merger and acquisition, geographic expansion, research and development, and new product introduction strategies to execute further business expansion and growth. during a forecast period.

FPNV positioning matrix:

The FPNV Positioning Matrix rates and categorizes vendors in the Credit Repair Services Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Satisfaction product (value for money, ease of use, product features and customer). Support) that helps businesses make better decisions and understand the competitive landscape.

Market share analysis:

The market share analysis offers the analysis of the vendors considering their contribution to the overall market. It gives the idea of ​​its revenue generation in the overall market compared to other providers in the space. It provides information on the performance of vendors in terms of revenue generation and customer base compared to others. Knowing the market share gives an idea of ​​the size and competitiveness of suppliers for the reference year. It reveals market characteristics in terms of accumulation, fragmentation, dominance and melting traits.

The report provides information about the following pointers:

1. Market Penetration: Provides comprehensive information about the market offered by major players

2. Market Development: Provides detailed information on lucrative emerging markets and analyzes penetration in mature market segments

3. Market Diversification: Provides detailed information on new product launches, untapped geographies, recent developments and investments

4. Competitive Assessment and Intelligence: Provides a comprehensive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of key players

5. Product Development and Innovation: Provides smart insights into future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the global credit repair services market?

2. What are the inhibiting factors and impact of COVID-19 on the global credit repair services market during the forecast period?

3. What are the products/segments/applications/areas to invest in during the forecast period in the Global Credit Repair Services Market?

4. What is the competitive strategic window for opportunities in the Global Credit Repair Services Market?

5. What are the technology trends and regulatory frameworks in the global credit repair services market?

6. What is the market share of the major vendors in the global credit repair services market?

7. What modes and strategic moves are considered suitable for entering the global credit repair services market?

Market dynamics

Drivers

  • Growing number of large and small organizations

  • Increased focus on safety and security related to corporate financial records

  • Growing problems such as higher interest rates or denial of credit

Constraints

Opportunities

  • Mandatory standards and policies overseen by governments regarding the disclosure of tax and financial documents

  • Growing awareness of credit management

Challenges

Companies cited

For more information about this report visit https://www.researchandmarkets.com/r/2fo4az

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220425005612/en/

contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Officer
press@researchandmarkets.com
For EST business hours, call 1-917-300-0470
For US/CAN call toll free 1-800-526-8630
For GMT office hours call +353-1-416-8900

]]>
🌱 Houston Credit Repair Lawsuit + Rockets’ Wood Hits Career High https://purplepayday.loan/%f0%9f%8c%b1-houston-credit-repair-lawsuit-rockets-wood-hits-career-high/ Tue, 22 Mar 2022 07:00:00 +0000 https://purplepayday.loan/%f0%9f%8c%b1-houston-credit-repair-lawsuit-rockets-wood-hits-career-high/ Good day, people of Houston! It’s me again, Carlos Hernandez, your Houston Daily host. First, today’s weather forecast: Quite sunny. High: 67 Low: 47. One of the easiest ways to connect with local customers and keep in mind in town is to sponsor the Houston Daily. Click here to find out more. Here are the […]]]>

Good day, people of Houston! It’s me again, Carlos Hernandez, your Houston Daily host.

First, today’s weather forecast:

Quite sunny. High: 67 Low: 47.

One of the easiest ways to connect with local customers and keep in mind in town is to sponsor the Houston Daily. Click here to find out more.

Here are the top five stories from today in Houston:

1. Common link bakery will open two of its On-the-go locations to Memorial City this fall. One will open as part of the Lawn in Memorial City Green Space and another in the Two Memorial City Plaza office towers. (CultureMap Houston)

2. Ssouthern district of texas won a injunction versus Houston-based credit repair company, Turbo Solutions Credit Repair Company and his CEO Alexander V. Miller, to protect customers. The Complaint alleges that the Defendants used Internet sites and telemarketing to wrongly claim that the defendants could improve consumer credit scores by removing all negative items from consumer credit reports. Many consumers would have paid the defendants fees ranging from several hundred dollars to $1,500but did not receive the higher credit ratings promised by the defendants. (Houston Patch, Justice.Gov)

3. Klein CIO is for follow-up for allegedly failed to tell police a student was sexually assaulted by a sixth-grade classmate. The federal lawsuit, filed last week by the boy’s mother, claims that several staff members, including school administrators, knew about the abuse but did nothing. (ABC 13)

4. NBA player christian wood establish career heights with eight 3-point and 39-point as the Houston Rockets used a huge late run to rally for a 115-97 victory above Washington Wizards Monday evening. the The Rockets will meet the Dallas Mavericks tonight at 7:30 p.m.. (KHU 11)

5. At Katy’s Hemu Basua award-winning pastry artist and the owner of Hemu’s Sweet Sensation LLCis currently on ” It’s a piece of cake ? » on netflix. She began her journey in Scotland then moved to Texas with his family in August 2015. (Click2Houston)

From our sponsor:

Today’s bulletin is brought to you in part by by Ring, a partner of the Patch brand. We all know that Ring is the leader in video doorbells for home security. But did you know that Ring now makes a home security system that is acclaimed by consumer electronics experts?

To learn more about Ring Alarm Pro, the system CNET calls “the future of home security,” or to build your own custom system, visit Ring here.

Today in Houston:

  • 47th Annual Houston Fishing Show at the George R. Brown Convention Center. (10:00 AM)

  • Houston Food Bank Mobile Truck at Wheatley High School. (1:00 p.m.)

  • Houston Latin Film Festival 2022 at MATCH – Midtown Arts And Theater Center Houston. (6:00 p.m.)

  • Kenny G in concert at the Cullen Performance Hall. (20:00)

  • Gloria at the 4th Wall Theater Company. (7:00 p.m.)

From my notebook:

  • With a $Shell 10 million commitmentthe University of Houston created the Energy Transition Institute focus on the production and use of reliable and affordable clean energy. (Facebook)

  • The Bayou City Arts Festival comes back for his 50th year at Memorial Park from From Friday March 25 to Sunday March 28. Tickets are $18 for adults and $5 for children ages 6-12. Children under 5 are free. (Cultute Map Houston)

  • The spread of the COVID-19 virus remains low in Houston. The last 14 day average the positivity rate is 2% and the the viral load of wastewater is 18% of the reference valueaccording to Houston Department of Health. (Facebook)

  • Houston SPCA request GALLON BAGS to help package their community-donated dry dog ​​and cat food. If you would like to help, you can drop off your donations on their campus at 7007 Old Katy Road. (Facebook)

  • Tower of Houston presented by Apache Corporation will be on Sunday April 3. Join and ride for the trees. Route options include 20, 40, and 60 miles. (Facebook)

More from our sponsors – please support the local news!

Events:

Do you like the Houston Daily? Here are all the ways you can get more involved:

You are now in the loop and ready to start this Wednesday on the right foot! See you all tomorrow morning for your next update.

Carlos Hernandez

About me: Hello, my name is Carlos Hernandez and I am a food writer with over 10 years of experience in the industry. I write the food blog Carlos Eats (http://www.carloseats.com) and also contribute to several newspapers and magazines with food-related blogs and articles.

This article originally appeared on the Houston Patch

]]>
FTC says credit repair operation defrauded customers https://purplepayday.loan/ftc-says-credit-repair-operation-defrauded-customers/ Tue, 22 Mar 2022 07:00:00 +0000 https://purplepayday.loan/ftc-says-credit-repair-operation-defrauded-customers/ The last thing people who turned to Alex Miller Credit Repair for help with was to find themselves in worse financial shape than when they started. But, according to a lawsuit filed by the Justice Department for the FTC, the company took people’s money without delivering on its promises to improve their credit ratings. The […]]]>

The last thing people who turned to Alex Miller Credit Repair for help with was to find themselves in worse financial shape than when they started. But, according to a lawsuit filed by the Justice Department for the FTC, the company took people’s money without delivering on its promises to improve their credit ratings.

The lawsuit says that since 2018, the company, formerly known as Turbo Solutions Inc., and its owner have defrauded people of more than $10.1 million through their fraudulent credit repair program.

According to the lawsuit, the company claims it can remove negative items, such as collection accounts, from people’s credit reports and improve their scores with “credit enhancement products.” But, according to the FTC and the DOJ, the claims are either false or misleading. People don’t see these improvements in their credit scores, even if they pay up to $1,500 in upfront fees. Which, by the way, is illegal for credit repair companies.

The lawsuit also alleges that the defendants used the FTC’s IdentityTheft.gov website to file false identity theft reports. There they claimed that people had negative information about their reports because of identity theft. The complaint also says the defendants failed to give people copies of their contracts and required disclosures, including a statement explaining that people can cancel their contract at no cost within three business days of signing it.

If you are trying to repair your credit, remember that credit repair companies cannot remove exact negative information from your credit report. And anything they can do for you legally, you can do yourself.

If you’re considering hiring someone to help you fix your credit, remember that reputable credit counselors review your overall financial situation before making a plan. They won’t ask you to pay upfront, dispute information on your credit report that you believe is accurate, or tell you to contact the credit bureaus directly. If you have a problem with a credit repair agency, please report it to the FTC and your state attorney general.

]]>
The Trussville Tribune publishes financial advice on credit repair and monitoring https://purplepayday.loan/the-trussville-tribune-publishes-financial-advice-on-credit-repair-and-monitoring/ Fri, 18 Mar 2022 13:10:55 +0000 https://purplepayday.loan/the-trussville-tribune-publishes-financial-advice-on-credit-repair-and-monitoring/ Consumers will have free access to short guides that clarify some of the most mystifying, confusing and frustrating issues that could harm their financial health. TRUSSVILLE, ALABAMA – The Trussville Tribune shares the first in a series of procedures to help local residents repair their credit and ensure their financial security. The COVID-19 pandemic has […]]]>

Consumers will have free access to short guides that clarify some of the most mystifying, confusing and frustrating issues that could harm their financial health.

TRUSSVILLE, ALABAMA – The Trussville Tribune shares the first in a series of procedures to help local residents repair their credit and ensure their financial security.

The COVID-19 pandemic has had a huge impact on the economy. Many people lost their jobs and experienced personal and professional financial crises. Some had to make a choice between paying bills or medical expenses.

While some Americans have seen their credit ratings rise during the pandemic, many have been negatively impacted by deferral periods and forbearance plans. Some creditors waived late fees for a while. But some consumers racked up hefty late fees when those programs ended. Others have had to deal with reporting errors, such as creditors reporting missed payments to credit bureaus during deferral periods, even though they weren’t supposed to.

In 2012, the Federal Trade Commission conducted an extensive study, which found that 25% of American consumers have at least one credit report error or inaccurate information that affects their credit score. However, due to the strategies creditors have used to ease financial burdens on consumers during the pandemic, credit score disputes have increased.

With the cost of housing skyrocketing and job security looking increasingly unstable, it’s more important than ever to ensure that an inaccurate credit score doesn’t harm consumers’ chances of contracting a loan or to pay for necessities. Knowing that you can access credit in an emergency is crucial during a pandemic.

Unfortunately, credit bureaus don’t make it easy to understand credit reports and FICO scores. Many Americans are unaware that they might have inaccurate information on their credit report.

The Credit Repair Tips Series will teach consumers how to check their credit reports for inaccurate information and credit fraud. It simplifies all the information available and clears up some of the myths surrounding credit reports and scores.

Readers will learn:

• How to read their credit reports and what to look for to eliminate inaccurate information

• Items that can boost or weaken their credit score

• How to dispute inaccurate information and credit fraud

• How to properly repair credit

• The pros and cons of using credit repair companies versus home-made credit repair advice

This series comes at a perfect time for many Trussville and Birmingham residents who have been impacted by the pandemic. We are all tired. We all want things to feel easy. These credit repair tips are straight to the point and can help consumers improve their financial situation with just a few mouse clicks.

The references:

https://www.consumerreports.org/credit-scores-reports/why-the-pandemic-may-be-hurting-your-credit-score-a1094077633/

https://fortune.com/2021/08/17/americans-fico-credit-scores-pandemic/

Media Contact
Company Name: Trussville Grandstand
Contact: Scott Buttram
E-mail: Send an email
Address:Box 704
Town: Trussville
State: AL
The country: United States
Website: https://www.trussvilletribune.com/

]]>
A new guide, “How to Start a Credit Repair Business in 2022”, has just been launched by E-Commerce 4 IM https://purplepayday.loan/a-new-guide-how-to-start-a-credit-repair-business-in-2022-has-just-been-launched-by-e-commerce-4-im/ Wed, 09 Feb 2022 13:37:00 +0000 https://purplepayday.loan/a-new-guide-how-to-start-a-credit-repair-business-in-2022-has-just-been-launched-by-e-commerce-4-im/ SCARBOROUGH, Maine, February 9, 2022 /PRNewswire/ — E-Commerce 4 IM, a merchant services resource based in New England since 2013, has just released its free online guide, “How to Start a Credit Repair Business in 2022.” Alex Roy, the president of E-Commerce 4 IM, says he released the new practical guide based on the challenges […]]]>

SCARBOROUGH, Maine, February 9, 2022 /PRNewswire/ — E-Commerce 4 IM, a merchant services resource based in New England since 2013, has just released its free online guide, “How to Start a Credit Repair Business in 2022.”

Alex Roy, the president of E-Commerce 4 IM, says he released the new practical guide based on the challenges facing new credit repair businesses. Here’s how he explains it: “Starting a credit repair business in 2022 is complex and, unfortunately, comes with many surprises for a large percentage of new business owners. From making sure your URL is available and fully decided before you spend money on websites, logos and design, to make sure you sit down with a lawyer and CPA before starting your business, to choose software that allows you to integrate friendly payment processing for credit repair, there are dozens, if not hundreds, of things to consider.”

The new guide, which is available on the E-Commerce 4 IM website, addresses many of the most common issues facing a new credit repair business. Below are some highlights from the guide that cover a range of topics.

The first topic covered in the guide is choosing a legal entity – or structure – for a new debt collection company. The new guide strongly emphasizes the value of sitting down with both a qualified attorney and a CPA before deciding what type of business you will establish. Later in this same section, the guide provides links to SBA resources that detail all common entity types with their pros and cons.

The second section deals with the creation of a business current account. He makes the following suggestion: “Sometimes a small local bank or credit union will be the best choice in terms of flexibility and available options.”

Then the guide “How to start a credit repair business in 2022” explains how to choose a website address for a new credit repair business, as well as an in-depth section on choosing a website builder or a customer relationship management (CRM) that enables the integration of high-risk payment processing. According to Alex Roy, this piece is often overlooked by new agencies. “All too often,” says Alex, “new business owners don’t realize that the systems, email invoicing programs, shopping carts, or CRMs they’ve invested in allow limited integration of high-risk payments. This can be a nightmare for business owners, who then have to delay launching their business and often have to start over with new technologies.”

Credit repair is considered a “high risk” industry due to increased regulatory scrutiny and increased likelihood of consumer disputes or “chargebacks.” In practice, this means that most common payment gateways and merchant account providers do not allow debt repair companies to use their services.

According to E-Commerce 4 IM, their mission is to provide “specialized processing for specialized industries”. By limiting their types of online merchant account and chargeback mitigation clients, which now include credit repair, EC4IM staff can better specialize and provide more personalized information.

“We are focused on helping businesses with payment processing and chargeback mitigation services,” says Alex. “Our model is one of the goals. We specifically deal in credit repair, credit education, credit counseling, online courses, recurring billing and event companies from business training. This focus means that our staff have experience in credit repair payments and are better able to provide specific advice on credit card processing. This new guide simply builds on what we are already doing, which helps business owners succeed.

E-Commerce 4 IM’s new “How to Start a Credit Repair Business in 2022” guide is free and available without providing any personal information or signing up for a mailing list. You can read the guide directly at https://ecommerce4im.com/how-to-start-a-credit-repair-business-complete-guide/

E-Commerce 4 Internet Marketers is an Internet marketing payment service and chargeback mitigation provider focused on the credit repair industry and online education. For more information, visit http://ecommerce4im.com or call 1-800-570-1347.

Contact:
Alex Roy
800-570-1347
329462@email4pr.com

See original content to download multimedia: https://www.prnewswire.com/news-releases/a-new-guide-how-to-start-a-credit-repair-business-in-2022-was-just -launched-by-e-commerce-4-im-301478463.html

SOURCE E-Commerce 4 Internet Marketing

]]>
Credit repair power couple Dylan and Theano Shively take their mission to the next level with 7 tips for 7 figures https://purplepayday.loan/credit-repair-power-couple-dylan-and-theano-shively-take-their-mission-to-the-next-level-with-7-tips-for-7-figures/ Tue, 04 Jan 2022 08:00:00 +0000 https://purplepayday.loan/credit-repair-power-couple-dylan-and-theano-shively-take-their-mission-to-the-next-level-with-7-tips-for-7-figures/ SAN ANTONIO, TX/ACCESSWIRE/January 4, 2022/ Despite the influence of credit repair companies to help individuals solve their problems, they are often stigmatized for their lack of efficiency, which makes it difficult for several brands to get by. Dylan and Theano Shively are the proud owners of James Warren Group, a business that saw them join […]]]>

SAN ANTONIO, TX/ACCESSWIRE/January 4, 2022/ Despite the influence of credit repair companies to help individuals solve their problems, they are often stigmatized for their lack of efficiency, which makes it difficult for several brands to get by. Dylan and Theano Shively are the proud owners of James Warren Group, a business that saw them join the CRC Millionaire’s Club. Since reaching new heights, they have turned their attention to helping other entrepreneurs in the credit repair industry break the stigma through their brand, 7 Tips for 7 Numbers.

7 Tips for 7 Figures founder Dylan Shively is an Army veteran and published author who started his band James Warren in 2017 to help his client achieve the impossible. Theano Shively brings 12 years of banking experience to the table, sharing her husband’s vision.

Since founding their business, Dylan has been recognized by multiple media outlets and featured in FORBES magazine and Yahoo finance as an industry leader in credit repair and overall small business growth. Additionally, the entrepreneur is known for helping others in their businesses and portrays himself as a leader within the community, living up to the quote “Do what’s right, not what’s easy.”

Dylan and Theano Shively wanted to create a place where other credit repair business owners could learn how to build careers similar to the couple’s. Having been in the industry for over seven years, Dylan and Theano had already established a solid reputation in the industry, consistently garnering tons of positive reviews and earning recognition as moral and ethical business owners.

7 Tips for 7 Figures was created to address the declining reputation of credit repair. Besides the economic crisis that peaked after the global pandemic shook the world, there have been credit repair companies that have sold high promises that yield little or no results.

“Seeing that the credit repair industry doesn’t have the best stigma, we want to be able to change that,” shared the founders of 7 Figures 7 Tips. “We understand that this changes only through our efforts, but also through the efforts of all business owners in our industry. If we can help them, we can help more people and change the awful stigma.”

Dylan and Theano Shively have already taught over a hundred other credit repair business owners how to grow and scale their business the right way, giving them more than enough experience and knowledge to help 7 tips for 7 figures to thrive. While there are other companies in the same space, the Shivelys can stand out with their years of experience in the industry.

“We have a real business and have been successful in the business,” they said. “As we continue to grow, we continue to share all of our knowledge and inject our students until they succeed.”

Dylan and Theano Shively have consistently pushed the envelope, going the extra mile with the James Warren band and hoping to repeat the same success with 7 tips for 7 figures. “Our goal is to help at least 15,000 or more credit repair business owners have successful credit repair businesses,” they revealed.

Business: 7 tips for 7 figures
E-mail: Support@7tipsfor7figures.com
Phone number: 5709945873
Website: www.7tipsfor7figures.com

THE SOURCE: 7 tips for 7 numbers

See the source version on accesswire.com:
https://www.accesswire.com/680899/Credit-Repair-Power-Couple-Dylan-and-Theano-Shively-Take-Their-Mission-to-the-Next-Level-With-7-Tips-for- 7-digits

]]>
Limitless Culture CEO Mike Meza uses TikTok to increase credit repair literacy for younger generations https://purplepayday.loan/limitless-culture-ceo-mike-meza-uses-tiktok-to-increase-credit-repair-literacy-for-younger-generations/ Mon, 06 Dec 2021 08:00:00 +0000 https://purplepayday.loan/limitless-culture-ceo-mike-meza-uses-tiktok-to-increase-credit-repair-literacy-for-younger-generations/ Culture Unlimited, LLC Culture Unlimited, LLC Culture Unlimited, LLC Whitsett, North Carolina, 06 Dec. Feb. 2, 2021 (GLOBE NEWSWIRE) — New FICO data reveals the average U.S. credit score is a healthy 716, up from 686 at the same time last year — and a TikTok breakout. star is helping Gen Z, millennials, minorities and […]]]>

Culture Unlimited, LLC

Culture Unlimited, LLC

Culture Unlimited, LLC

Whitsett, North Carolina, 06 Dec. Feb. 2, 2021 (GLOBE NEWSWIRE) — New FICO data reveals the average U.S. credit score is a healthy 716, up from 686 at the same time last year — and a TikTok breakout. star is helping Gen Z, millennials, minorities and others clean up their finances and achieve even higher scores.

Mike Meza, CEO of Limitless Culture, is a credit repair specialist who started the company TikTok with the goal of empowering others to take control of their credit the right way. The company has since grown its audience to nearly 500,000 people through a frequently updated stream of videos offering crucial information and insider tips on all aspects of setting your FICO score. Some of the most recent hits cover areas from thwarting debt collectors to what not to do when buying a car, and from major credit bureau flaws to the quickest ways to remove credit inquiries from your credit score.

The videos are a modern and engaging way for Limitless Culture to educate and empower younger generations about the world of credit repair, which offers a full range of credit repair services. Their TikTok channel provides just a glimpse of the comprehensive help Mike offers clients looking to repair their credit reports, such as one-on-one credit coaching, credit monitoring, steps to build and rebuild credit, and Moreover.

Just as Limitless Culture uses emerging social media to grow its customer base, it also embraces the latest technology to offer perfectly organized and customer-specific credit support. For example, the company uses what’s called Metro 2 Compliance Coding, which allows it to tailor unique credit repair solutions to each customer’s needs.

“So many other credit repair companies don’t really understand credit and give out so much misinformation or rely on outdated technology that has minimal benefits,” Mike says.

The information provided by Limitless Culture is relevant to people of all ages, as credit scores are fundamental to many aspects of life in the United States. This three-digit number can be the deciding factor for some of life’s biggest financial decisions, including buying a home for the first time, getting a vital loan for a business, or buying a new car.

But the advice Mike offers particularly resonates with millennials and Gen Zers who might feel overwhelmed entering the world of credit but not sure how to navigate it – a situation he once faced: “I got credit 10 years ago because I don’t know.

Mike, a Latino himself, said, “I wanted to be able to teach my kids and my family the importance of credit because being Latino we never heard of credit because our families only believed cash.” Another audience that Limitless Culture focuses on is Latinos, some of whom prefer to do most of their transactions in cash. This can create complications when it comes to establishing a credit score, as there is less conventional financial evidence that FICO and other credit data companies rely on to generate a credit score. ‘an individual.

Limitless Culture wants its customers to be temporary. Mike talks about it saying, “We live, eat and sleep all credit and we don’t use old failed methods for credit repair. We have no interest in keeping a client forever. We want to get you to graduation day as soon as possible.

Contact: mike meza

E-mail: ceoike@limitlessculturegroup.com

Attachment

]]>