Credit Repair Training: What to Look For in a Good Course3 min read
If you are thinking about becoming a credit repair specialist and opening your own business, you need to look into finding good credit repair training. As with any skill you attempt to learn, you need to go through some training to learn the ropes. Finding the right training program is crucial to your overall success. You cannot afford to learn the wrong way. This is your livelihood you are talking about and you deserve to have the best training that will ensure your restoration business gets off to a good start.
The following elements should be included in any training course.
1-The training should cover the laws that govern restoration. You need to know what you can and cannot do to stay within the parameters of the law to protect yourself and your client. It is never okay to skirt the law, which means you need to know, in detail, what those laws are.
2-The dispute process is the key to repairing a credit report. You need to know how to do it effectively. There are several steps that you will need to take on your client’s behalf when disputing an error on a report.
3-The credit repair training should also go into great detail about the anatomy of a dispute letter. This is the first step in disputing an item on a credit report. Creating a letter that is too long or a letter that doesn’t highlight the pertinent details could get it shoved to the side and ignored by the credit reporting agencies. This is a lose-lose situation for you and your client.
4-Part of the process of repairing credit is learning what it take to rebuild credit. You will also need to understand credit scores and what is considered high and low. The training should cover these elements as well as provide you with tips to pass onto your clients about raising their score to a healthy level that will allow them to buy the things they want and need.
5-Because a credit score relies on the credit bureaus, you need to understand how each of the 3 major credit bureaus work and how they get their information. Each bureau will generate a different score for a person. You need to understand the factors that go into the credit score and what you can do to influence the scores on your client’s behalf.
6-Not all credit disputes are going to be solved right away. Because of this, you need training that will take you beyond the basics and explain how to properly get into advanced disputes. You can’t give up, but you need to approach the difficult task professionally and in a way that will get results. You need to know what tools are available to you and how you can successfully dispute an item on a credit report when a bureau is being stubborn.
7-Lastly, the credit repair training course should be easy for you to access and available for you to read, listen and watch. Simply reading a manual isn’t enough. Visual and audio help us to absorb information and retain it better. There is a lot of information and seeing, hearing and reading will ensure it is all covered.
You owe it to yourself to seek out the best credit repair training available. You could earn a comfortable living doing restoration, but in order to do that, you must have the proper training. There are plenty of programs out there, but they do not all include the above mentioned elements. This isn’t an area where you can “make do” or “get by” with inadequate training and information. Make the best decision for your future and choose the right credit repair training that will give you the best shot at being successful.