Most credit repair company’s business model who reach their client’s through advertising is to milk as much money as they can from their clients and provide a minimum amount of service. It makes sense since there is no accountability to a referral source. They are not reliant on doing repeat business since their advertising brings in new customers. Tip 1: only work with industry professionals who operate by referral only and understand the Real Estate Investor / Rent-to-own Tenant relationship. Tip 2: Strongly discourage your tenants from attempting to repair their own credit. They believe the myth paying off old collections improves their score. Most folks do not understand how much damage they do engraving items onto their report by sending out the same letters numerous times. The worst of the do it yourselfer attempt is doing an on-line investigation.
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