15 Profitable Credit Repair Business Opportunities

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Updated: June 18th, 2021

15 Profitable Credit Repair Business Opportunities

If you are looking for credit repair business ideas to begin your path to entrepreneurship, you are in the right place.

With starting a credit repair business, there are plenty of opportunities that can help you follow your dreams and build a successful career.

In this post, you will discover profitable business ideas, perfect for those who want to have a flexible job, capable of multiplying the average income, while becoming your own boss.

Check out the full list below to help you find your next idea!

Here they are:  

1. Become a financial advisor ($240K/year)

How Much Can You Make?

$2,500 — $2,000,000/month

View all 9 case studies

Average Initial Investment

$256,500

Time To Revenue

360 days

Skills

Writing & Research Skills

Business Savvy Skills

Customer Service Skills

Coaching Skills

Business model

Consulting

Denzel Rodriguez from Pompano Beach, Florida, USA started Builder To Contributor LLC over 3 years ago, a financial advisor.

Revenue: $20,000/ month
Founders: 1
Employees: 0
Location: Pompano Beach, Florida, USA

Case Study

My journey started after high school, in 2014 started in sales. Selling anything I could get my hands on for profit. I learned how to communicate, provide value to the marketplace, and achieve small wins. I had my ups and downs throughout the process which was tough and time-consuming. I then discovered the Kingdom and all it had to provide for me and those who believe and take action.

I began to study and slowly was changing my philosophy about life and meaning. I then go to know Jesus Christ and built a relationship in a short period of time and I was all uphill from there for me. I give all my credit to God because he gave me the idea to start documenting my experiences and applying these financial concepts to improve my financial situation and others. I had no background or expertise or any experience for that matter.

I have learned that starting a business in the 21st century the fastest way to gain authority over a specific topic or skill is to simply document your experience through video.

how-i-started-a-20k-month-business-offering-financial-consulting-services

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How I Started A $20K/Month Business Offering Financial Consulting Ser... ➜

2. Start a credit card processing business

Examples of a successful credit card processing business:

Here are some great videos on how to get started with a credit card processing business:

For further info, check out these books and products:

Learn more about starting a credit card processing business ➜

3. Start a payday loan and check cashing business

Examples of a successful payday loan and check cashing business:

Here are some great videos on how to get started with a payday loan and check cashing business:

For further info, check out these books and products:

Learn more about starting a payday loan and check cashing business ➜

4. Start a factoring business

Examples of a successful factoring business:

Here are some great videos on how to get started with a factoring business:

For further info, check out these books and products:

Learn more about starting a factoring business ➜

5. Start a credit and debt counseling business

Examples of a successful credit and debt counseling business:

Here are some great videos on how to get started with a credit and debt counseling business:

For further info, check out these books and products:

Learn more about starting a credit and debt counseling business ➜

6. Start a credit repair business

Examples of a successful credit repair business:

Here are some great videos on how to get started with a credit repair business:

For further info, check out these books and products:

Learn more about starting a credit repair business ➜

7. Start a judgement recovery business

Examples of a successful judgement recovery business:

Here are some great videos on how to get started with a judgement recovery business:

For further info, check out these books and products:

Learn more about starting a judgement recovery business ➜

8. Start a debt reduction service

Examples of a successful debt reduction service:

Here are some great videos on how to get started with a debt reduction service:

For further info, check out these books and products:

Learn more about starting a debt reduction service ➜

9. Start a credit reporting business

Examples of a successful credit reporting business:

Here are some great videos on how to get started with a credit reporting business:

For further info, check out these books and products:

Learn more about starting a credit reporting business ➜

10. Start a collection and debt portfolios management business

Examples of a successful collection and debt portfolios management business:

Here are some great videos on how to get started with a collection and debt portfolios management business:

For further info, check out these books and products:

Learn more about starting a collection and debt portfolios management business ➜

11. Start a credit information business

Examples of a successful credit information business:

Here are some great videos on how to get started with a credit information business:

For further info, check out these books and products:

Learn more about starting a credit information business ➜

12. Start a repossession services business

Examples of a successful repossession services business:

Here are some great videos on how to get started with a repossession services business:

For further info, check out these books and products:

Learn more about starting a repossession services business ➜

13. Start a debt collection business

How Much Can You Make?

$80,000/month

View all 1 case studies

Skills

Business Savvy Skills

Customer Service Skills

Self Motivation Skills

Negotiation Skills

Examples of a successful debt collection business:

Here are some great videos on how to get started with a debt collection business:

For further info, check out these books and products:

Learn more about starting a debt collection business ➜

Case Study

Hello everyone! My name is Avi Grunwald; I’m the founder and CEO of Fair Capital.

Based on ACA International's recent report, our unique debt collection strategy demonstrated a debt collection success rate 52% higher than the industry average.

how-an-industry-outsider-started-an-80k-month-debt-collection-business

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How An Industry Outsider Started An $80K/Month Debt Collection Business ➜

14. Start a dispute settlement business

How Much Can You Make?

$500,000/month

View all 1 case studies

Skills

Writing & Research Skills

Design Skills

Business Savvy Skills

Customer Service Skills

Self Motivation Skills

Examples of a successful dispute settlement business:

Here are some great videos on how to get started with a dispute settlement business:

For further info, check out these books and products:

Learn more about starting a dispute settlement business ➜

Case Study

Alexander founded ClaimCompass, which helps travelers get paid when airlines mess up their flights. In 2016, they raised $200k and they’ve kept growing.

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Disrupting the Airline Business and Making $100k/month ➜

15. Start a credit card analytics business

Examples of a successful credit card analytics business:

Here are some great videos on how to get started with a credit card analytics business:

For further info, check out these books and products:

Learn more about starting a credit card analytics business ➜

Pat Walls, Founder of Starter Story

Want to start your own business?

Hey! 👋I'm Pat Walls, the founder of Starter Story.

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meet the author

Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.

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