7 Credit Repair Business Success Stories [2024]
Credit repair involves restoring or correcting a poor credit score by pointing out untrue or incorrect listings from a credit report. The demand for credit repair services is increasing tremendously.
According to a report, the global credit repair services market is estimated to grow at a CAGR of 13.76%, reaching approximately $7,000 in a few years.
The increased demand for credit repair services is because people are after removing negative items from their credit reports so they can reach a higher FICO score and obtain credit. Therefore, starting a credit repair company can be a rewarding and fun business. To start a credit repair company, you need trained and certified staff.
Here are some real life success stories of starting a credit repair business:
Learn more about starting a credit repair business:
Where to start?
-> How much does it cost to start a credit repair business?
-> Pros and cons of a credit repair business
Need inspiration?
-> Examples of established credit repair business
-> Marketing ideas for a credit repair business
-> Credit repair business names
-> Credit repair business Instagram bios
Other resources
1. Noble Notary & Legal Document Preparers ($180K/year)
Mark and Grace Sias came up with the idea for Noble Notary & Legal Document Preparers when Mark, a critical care nurse, was looking for additional income. He realized he could offer mobile notary services to people who were homebound, generating quick and easy money. They expanded their services to include various legal services and focused on over-delivering to attract and retain customers, including participating in local events, creating YouTube commercials, and building relationships with B2B vendors.
How much they make: $180K/year
How much did it cost to start: $1K
Current team size: 1
Noble Notary & Legal Document Preparers is a small but highly profitable B2B and B2C notary service business in Port Orange, Florida generating approximately $15,000/month in profits by servicing both mobile and remote online notary, executive real estate closings, apostilles, legal document preparation, fingerprinting, credit repair, and tax preparation while keeping advertising and overhead expenditures extremely low.
2. The Credit Connection ($500K/year)
How much they make: $500K/year
Current team size: 3
Daniel Massimino successfully turned his childhood passion into a multimillion-dollar company with MassTech and founded The Credit Connection to help entrepreneurs start, grow, and scale their businesses while assisting consumers in turning loan denials into approvals, believing the ongoing pandemic has created the perfect opportunity for entrepreneurs to start a business.
5. Credit Repair Cloud
Where they're located: Los Angeles, California, USA
Website traffic: 410K/month
6. Creditsafe
Get your business credit report and score from Creditsafe. Protect & grow your business with a free company credit report from Creditsafe.
7. Credit Repair Services
Our credit repair services help to fix your credit report. We have helped people take control of their financial lives from across the country. Our track record speaks for itself. Call CreditRepair.com for a free consultation today.
Where they're located: Nashville, Tennessee, USA
Website traffic: 910K/month
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings