Why underwriters look closely at credit repair
No fees before the work is done
The Credit Repair Organizations Act bars charging for credit repair before the service is fully performed, so billing models get close review.
Dispute-prone clients
Clients who don’t see the score change they hoped for dispute what they paid.
State registration
Many states require credit repair companies to register or post a bond.
A payment setup that fits
How we usually set up credit repair companies. Your consultant tailors it to how you actually sell.
- 1
Billing after each round of work
Charge after the work for each period is completed and documented.
- 2
A clear client agreement
The disclosures the law requires, the three-day right to cancel, and what you will and won’t do.
- 3
Progress with every charge
Show the client what was done before they see the bill.
What you’ll need to apply
Have these ready and your application moves faster. Your consultant confirms the exact list for the processor you’re matched with.
- Government ID for every owner with 25% or more
- Voided business check or bank letter
- Recent business bank statements
- Recent processing statements, if you have taken cards before
- Articles of incorporation and EIN letter
- A website with clear pricing, refund, cancellation and contact details
- Client agreement with the required disclosures
- State registrations and bonds where required
- Your billing schedule and how work is documented
Why applications get declined, and how to avoid it
- Setup or first-work fees charged upfront
- Promises of a specific score increase
- Telemarketing with advance fees
- No record of work performed before each charge
We review your website, policies and statements against these before anything is submitted.
Keeping the account healthy after approval
Getting approved is half the job. These habits keep your account in good standing, and our platform tracks the numbers behind them for you.
- Never charge before the work for that period is done
- Send a work summary with every invoice
- Make cancellation simple and honor it immediately
Credit repair: common questions
Can we charge a setup fee?
No. The law bars charging for credit repair before the service is performed, and acquirers check for this first.
Can we bill monthly?
Most compliant programs bill monthly, after that month’s work is completed and documented.
Why do so many processors refuse credit repair?
Because of advance-fee violations and refund disputes across the industry. A clean billing model and good records are what get you approved.
What happens after I’m approved?
We keep working with you. Our platform gives you one view of every account, and we review your chargebacks, approval rate, fraud tools and fees with you so the account stays healthy and gets cheaper over time.