Credit Repair Merchant Account?

Are you living with bad credit? It’s possible but not easy. How to be sure you’ve applied to the right credit repair company? How to get the best credit repair merchant account? This article will give answers to all these questions. Just read below.

Living With Bad Credit: Why Not Repair It?

Bad credit creates lots of problems that can make things impossible or too expensive. To bring you an example, insurance companies often require a higher interest rate for drivers with bad credit history. If you want to get new utilities turned on in your name, the company is going to check your credit to determine if it should charge you a security deposit. On the other hand, banks give their approval for a credit card or a loan based on credit scores.

So, how to find the right company that can help you repair your credit so to avoid all these problems?According to Jim Winsett, president of the Better Business Bureau (BBB) in Chattanooga, first of all, you should know the difference between credit counseling, debt relief, debt consolidation and credit repair.

  • Credit counseling, serving as the most complete solution, suggests solving your money problems with the help of various resources.
  • Debt relief or settlement can berealized through companiesthat can contact your creditors and make it possible for you to you pay less.
  • Debt consolidationcan be realized through companies that offer you loans to pay your debts in one lump sum. Of course, low-interest rates seem so much attractive, but the application process may prove to involve more fees.

What do credit repair companies guarantee? They promise to clean up your credit report for a fee. In fact, you yourself have the right to correct wrong information in your file. When it comes to removing accurate negative information, nobody can do this. You can repair your credit through steady payments and having patience.


It’s no wonder that people with bad credit may often fall into the trapof anybody who promises to help them solve the situation. That’s where reputable credit repair companies step in. It’s extremely important to find the true professional in the field.

What about credit repair merchant? You, as a merchant, should also find the true payment specialist that can get you a reliable, affordable, and secure credit repair merchant account.With a respectable payment processor that specializes in the high risk industry, you can enjoy the right merchant services geared to your own business wants and needs.

How to Find the Right Credit Repair Company?

Scammers promising to repair credit and offering debt relief usually contact people through online advertising, social media, or even call them directly. In all cases, they “promise” to raise your credit score and/or cut or wipe out your debt for an upfront fee.

Scammers promise and require fees for servicesthat’re impossible to provide. This refers toeliminating past credit mistakes (e.g., late payments or bankruptcies) from credit reports. They can also offer a new “credit identity” or promise to eliminate the debt.

So, if they charge you in advance, this is already a sign. In both the US and Canada, companies involved in credit repair and debt relief, are to collect fees only after providing the services they’ve promised. What to pay attention to?

  • Guarantees ─ Nobody can eliminate your debt or improve your credit score
  • StrikingPromises ─No one can remove negative information from your credit report or get you a new identity or apply for an Employer Identification Number to use instead of your Social Security number. By the way, this is a crime.

Of course, this doesn’t mean all credit repair companies are scammers. All you need is to take the time to find the true credit card repair company to work with.

Author Bio: Electronic payments expert Blair Thomas co-founded eMerchantBroker, serving both traditional and high-risk merchants. His passions include producing music, and traveling to far off exotic places. eMerchantBroker is America’s No. 1 credit repair merchant accountcompany, serving both traditional and high-risk merchants.