Looking for the best credit repair software for your business or personal use?
When you start up a credit repair business, you need to find ways that you can make money fast.
It has the potential of replacing your day job. However, there are people that start it up as a side gig that can bring in more money.
For this to happen, you have to reduce your work load by automating some of the processes you have.
This is where credit repair software comes in.
There are several software platforms that offer individual packages and business packages.
Selecting one may not be an easy process because they are many and discounts can confuse any one to purchase something useless.
Therefore, you should have a guide on what the best software platforms out there are, what they are offering and how much they sell their services.
In this article, you shall explore more about what people are referring to as the best software platforms out there for any credit repair needs of an individual and credit repair businesses.
First we shall go through what credit repair is all out, how it works, how much you can make from it and where you will get the best software for your business and personal needs.
What are credit repair software programs?
Credit repair software programs are designed to help customers and businesses alike to increase your credit scores.
They were created mainly because of the complicated nature of the credit repair process.
These software programs are great because automation reduces a lot of the administrational work.
The idea has been around for a while as the oldest running credit repair business started operations in the 1990s.
How does credit repair work?
Credit repair is when a third party organization attempts to get information removed from your credit reports in exchange for money.
The credit reports analyzed are generated and collected by the credit agencies namely Equifax, Experian and TransUnion.
These agencies exist to collect debt regarding an individual and a business’s debt to which a numerical score called a credit score is determined. The agencies are also created for profit.
While collecting the information to add in your credit report, a lot of mistakes are usually made.
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The mistakes can arise from various areas including bankruptcy reports, errors in collections, foreclosures, late payments and tax liens.
These are areas that must be disputed since wrong reports may give you a poor credit rating which means that you cannot get any loans and access to any form of credit.
Therefore, you have to improve these credit ratings by improving your credit score thus credit repair.
The process involves disputing the debts you do not owe. If you have a long credit history, these disputes can be found in a lot of areas in your report.
The action plan is to:
1. Look through your credit report to find any areas of dispute.
This means that you have to carefully analyze each remark in your credit report so you can find a way to correct the errors in your report.
This is done by conducting a credit report.
2. Write dispute letters.
The dispute letters are drafted to deal with the errors you come across in your credit report.
The dispute letters are sent out to the credit agency responsible for the specific error found in each of the reports.
As mentioned earlier, you might have to respond to a lot of these letters in a bid to deal with contentious remarks in your reports.
After writing and responding to these letters, you have the opportunity to remove the negative remark from your credit report.
3. Improve your credit rating.
If the credit repair process pulls through successfully, you can remove the derogatory remarks you have in your credit report.
Without the errors and mistakes, you have the opportunity to get a better credit rating.
You should keep in mind that not all credit repair disputes result in cancellation.
That is why you will come across some credit repair companies telling you to get new credit so you can pay it off fast in order for you to get a better credit rating.
Depending on the number of disputes you have in your credit report, you can look for the services of a credit repair business to help fix your credit report.
How do credit repair software programs work?
Now that you have an idea about how credit repair works, you understand the amount of work that goes into the business.
Since there are a lot of clients that need access to such services, it might prove hard to keep them waiting.
In the end, you have to find a better way of operating your credit repair business.
This is where the credit repair software programs come in. with the functionality and capability technology possesses, you can avoid many meaningless tasks that are very time consuming with limited value added.
Most credit repair software programs are created with the ability to:
- Serve all three credit agencies or at most two.
- Audit your report to find errors
- Write dispute letters
With these tasks completed, all you have to do is keep in touch with all the credit reporting agencies to respond to your agencies and clear the errors.
The software has been created to serve both individuals and businesses alike.
This has helped to improve the credit score for multiple people.
How to make money with credit repair software?
Credit repair software allows a user to enter a credit report and create dispute letters for you and your clients alike. The software has a version to suit your business needs.
For credit repair businesses, all you have to do is select a plan that can work for you and this enables you to find a suitable pricing plan such that you can cover the cost of the credit repair software.
Most credit repair software platforms offer help when it comes to the pricing of your services.
How to select a credit repair business?
When you come across these software programs, it is a bit hard to make a choice with the way these platforms are displayed in ads.
Therefore, you should follow certain guidelines and rules so you can choose to make the most out of your selection process.
Any software program should have features as described below:
- Upload and audit credit reports.
- Library of dispute letters
- Customer support to help with the program.
- Ability to remove charge offs, tax liens, collections, medical debt and late payments.
- Manage your clients, leads and affiliates.
- Ability to handle the 3 reporting agencies.
Pros of credit repair software
1. Helps to improve credit scores.
If successful, you have the chance to better your credit scores since you have removed the negative remarks from your credit report.
2. Streamlines the process to getting a better credit rating.
With the software, you are able to automate some processes such as writing out the letters.
This reduces on the unproductive work in the credit repair process.
Training with improving your knowledge about credit repair.
Most software programs come equipped with articles and videos teaching you how to improve your credit rating using conventional tools.
This serves to educate you on how you can improve your credit score.
Cons of credit repair software
1. Pricy.
Although some of the platforms are free, you may find it hard to purchase other programs due to their cost.
These prices are not suitable for you if you want to use it as an individual.
2. You have to learn about the Credit repair act that governs all that happens in credit.
When you purchase credit repair software and start up a credit repair business, you have to also learn about the laws that govern businesses in the credit repair industry.
Best credit repair software for business and personal use
When you try to find these software programs on the internet, you will come across various platforms that offer their services to meet the needs of a business and an individual.
The most important thing about it is the ability of a platform to execute the needed features to achieve the best credit repair results.
Some of the best software platforms include:
1. Credit repair cloud
The platform allows you to start a credit repair business easily. It is a cloud based platform with features to support your credit repair business.
The good thing about it is that they support the three credit agencies online.
This means that you can upload a digital report directly from your local storage or from an online storage.
The platform was created by Daniel Rosen.
Some of its features include:
- KPI business dashboard.
- CRM features.
- 2-month free web hosting.
- Developer API/ Zapier.
- Client and affiliate portal.
You can use the software to perform credit repair by using following the simple steps below;
- Get the credit repair software
- Join the credit hero challenge
- Start performing credit repair.
When you purchase the rights to use the software, you are taught how to run a credit repair business using the credit repair cloud software.
The software enables you to:
- Import online credit reports
- Automated credit dispute process
- Library of dispute letters
The software has four subscription plans that are very useful to businesses.
This platform does not have a plan that is well suited for personal use.
The price starts at $179 per month for the starter plan and it rises to $599 for the last plan.
You get to enjoy a 20% discount on any plan if you purchase subscription for a year.
You can see our in-depth review of credit repair cloud here.
2. DisputeBee
DisputeBee is a credit repair software provider targeting individuals and businesses alike in pursuit of credit repair services.
It has a number of features including:
- Import your credit report
- Supports all 3 bureaus
- Personal disputes to bureaus
- Personal disputes to collectors
- Pre-written letter templates
- Dispute process tracker
- Dispute collections
- Dispute credit inquiries and many more.
The program helps you to follow up on your credit repair process by writing respond letters to disputes that have been filed earlier.
The features listed above are part of the plans that you can get access to after paying a monthly fee.
You should know that there are only two plans available to users on this platform.
The individual plan is best suited for personal use. It costs $39 per month. This helps you to handle a single individual’s credit repair needs.
The business plan is best suited to the needs of a credit repair business. It costs $99 per month. It is a big upgrade to the individual plan as it offers you more than 10 new features not included in the individual plan.
Its benefits include:
- Suitable for personal and business use.
- Dispute letter generator
- Uploads dispute letters and best possible response.
You can also read our in-depth and comprehensive DisputeBee review here.
3. TurnScor
This is an online software tool that tracks your credit score from the three credit bureaus.
Just like the ones mentioned above, it candela with all three agencies and gives you updates regarding your credit reports every other 30 days to see any changes.
The platform offers you training if you are new to it in the form of an eBook.
Plus, you get to consult with an attorney to help you deal with creditors or other collection issues you might have.
Its benefits include:
- 60-day satisfaction guarantee
- Tutorials on how to use the software
- A lawyer to help you with the credit repair inquiries.
The tool has a price tag of $495. This may come off as expensive but you should keep in mind that this is an annual figure.it rounds up to just $41.25 per month.
If this is too high for you, you have some time to tryout the platform with the 60-day guaranteed money back option.
4. Personal credit builder
This is a credit repair tool based on the cloud. It is also known as the Personal credit repair software.
This mostly supports credit repair needs of individuals.
All you have to do is:
- Get personal credit repair software.
- Go to a compatible online credit report provider.
- Import your three credit reports in one click
- Automatically generate all dispute letters
- Dispute your negative erroneous items.
How much does it cost?
At the moment, there is a limited time offer on their website at $199.97 which saves you 50% off the normal $399.97.
This is the fee you pay to download the website onto your device.
Visit Personal Credit Repair Software
5. ScoreCeo
This is another software platform that supports credit repair businesses.
The platform is best suited for businesses that have started their entrepreneurial journey into credit repair.
It boasts features like:
- Automated sales pipeline
- Automated client workflows
- Advanced analytics dashboard
- Advanced dispute engine
- Social media marketing systems
- State contract compliance engine.
How much does it cost?
The platform can be used for free in a 7-day trial basis with full access to professional software features.
The tool can be accessed for free, with Kickstart plan at $129 per month, Essential plan at $179 per month and Advanced plan at $299 per month.
6. Credit detailer
This is a credit repair platform that serves credit repair businesses and personal use.
It is a desktop version software that supports only one computer.
It helps you correct erroneous and incorrectly reported information on consumer credit reports.
This is a physical based software. The good thing is that your information can not be accessed by the software providers themselves as it is saved on your computer.
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It is available in English and Spanish. You also have some tutorials included in your purchase bundle.
Its features include:
- Auto populating letters
- Automatic progress tracking
- Educational information
- Supports affiliate businesses.
How much does it cost?
The platform costs $399 one-time fee. According to its official website, they have a free trial when you download the fully functional trial demo from the website.
In addition to that, you have a full 30-day refund period if the software does not work to your liking.
7. Credit Repair Magic
Credit repair magic is another system that helps you fix your scores.
It is suited for professionals and individuals.
When you purchase the software, you have access to features like:
- Letter generator and suggestor
- Automated dispute tracker system
- Credit repair lawyer access
- Eliminates most erroneous entries in a short period of time.
The bonuses include:
- No extra charge for family members
- Lifetime access
- Ease of accessibility from various devices around the world
- Automatic free upgrades for life.
How much does it cost?
The software tool costs $349. If you agree to use the system in electronic format, you get to use it at $97 with a discount of 82%.
For you to get acquainted with the system, you have 60 days as a money back guarantee.
If this period ends without the intended benefits, you are entitled to get a refund of 100% of the total cost incurred.
Conclusion: Best Credit Repair Software
I advise you to choose the plan that best suits you. There are a lot of features embedded in the software that will help you in your endeavor.
The article gives you a pick of what are traditionally considered as the best credit repair software platforms anywhere.
You have to look the plans one by one so that you can identify the plans that are best suited to your needs.
Some of the programs listed here are useful to only individuals and only businesses.
Most of them accommodate both of them and I think that you can buy any one of these plans to learn how to perform credit repair on your own and also how you can monetize it.
Now I would like to hear from you.
Which of these 7 best credit repair softwares are you going to try first?
Let me know in the comment section below.
Also share this article with your friends and family looking to improve their credit scores.