Credit Repair Business

2 Credit Repair Business Success Stories [2024]

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Updated: October 7th, 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.

In this list, you'll find real-world credit repair business success stories and very profitable examples of starting a credit repair business that makes money.

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 money it makes: $180K/year
How much did it cost to start: $1K
How many people on the team: 1

How This Couple Started A $15K/Month Notary Business

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.

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2. Arrest Your Debt ($42K/year)

Ryan Luke, a police lieutenant, came up with the idea for his online education business Arrest Your Debt after experiencing financial hardship himself. After struggling to make mortgage payments and accumulating debt, he decided to learn about personal finance and became passionate about helping others in similar situations. Through blogging and coaching, he has been able to help first responders become financially free, earning around $3,500 a month from his business.

How much money it makes: $42K/year
How much did it cost to start: $500
How many people on the team: 1

How This Police Lieutenant Started A $3.5K/Month Side Business Blogging About Financial Education

Police lieutenant Ryan Luke grew his side business, Arrest Your Debt, into a $3,500 monthly income stream by blogging about personal finance tips through a focus on financial literacy for first responders.

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Read by 6,736 founders