I want to start a credit repair business and need to know the resources that can help me to get started.
There are many resource just waiting to take your money.
First of all, you had better put aside a lot of money to hire an attorney to represent you when you are sued for failure to comply with FTC standards. The Federal Trade Commission says it has never seen a legitimate credit repair company. But just in case, the FTC has crafted a series of rules these companies must obey.
Credit repair companies are not allowed to take money up front before they do any work. They’re not supposed to make false claims about their services. They must tell you that you have three days to cancel and then honor that waiting period. And they have to give you a written contract that includes the price, the precise services they are offering you, the length of time it will take to get results, any guarantees and the company’s official name and business address.
Once again, I hope this answers your question as well as all the other who have asked.