In world today, many people are further in debt than they realize. When they finally come to understand they need help, they are on brink of bankruptcy. However, President Bush’s signature on new bankruptcy law has changed this option. He has created booming credit repair business opportunities.
This boom is result of new law requiring people to obtain consumer credit counseling before they are eligible to claim bankruptcy. Even when they can claim bankruptcy, it is now Chapter 13 bankruptcy, which requires a payment plan be created by bankruptcy judge and adhered to by consumer.
This law opens door for new Credit Repair Business Opportunities as your home based business. But before you start advertising, check with your local and State governments for any requirements you must consider, such as insurance for company, licenses or certifications.
Check local library or bookstore for books about ins and outs of credit repair business opportunities. These books will give you insight into business, possible requirements you have to fulfill, and tips and business techniques to get your consumer credit counseling service started.
Some locations require you to attend training and become certified prior to opening your company. Check to books to look for internet and home study courses, or for professional credit consulting organizations that offer certification. Become a member of at least one of many organizations at federal and State level, and possibly even local level. Being certified and a member of an industry association give you and your credit repair business creditability. Couple credibility with professionalism and your Credit Repair Business Opportunities business will have unlimited potential. This goal should be what you want to achieve with your business.
Now that you are certified and a member of an industry organization, you need to set feed, define services and market your credit consulting business. Call local credit repair businesses to get an idea of services they offer and fees associated with these services. Go through information, decide on your fees and services, and get ready to advertise.