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Is credit repair legal in Michigan?

By Andrew Vasquez |

No credit repair company in Michigan or any other state can legally remove legit negative items. In fact, you should avoid doing business with any service that wants you to dispute every negative item on your credit report.

How good is credit repair com?

CreditRepair.com is a site with a strong and established reputation as being among the best credit repair companies to pull positive results. They’ve earned glowing testimonials and positive customer reviews both their results and on their customer support. Trustpilot gave them 4.4.

Can you start a credit repair business in another state?

For those of you that are just getting started in the credit repair business, there is no need to worry about states other than your own – there are plenty of consumers that need your help in your home state; however, if you decide to branch out into other states, please remember that the rules apply to the state the consumer resides.

What do I need to start a credit repair business?

A credit repair business helps consumers to go through the steps necessary to bump up their credit score, fix any problems or blemishes that bring the score down. To open a credit repair business, some state and county licensing procedures are necessary. Register the business as a limited liability company.

Where can I get a credit repair license?

Contact the city or county licensing board to see if your city or county requires you to have this license. For a credit repair business, you typically have to obtain an occupational license as a financial services business. Obtain a zoning license. You may also have to obtain a zoning license to operate the business.

What are the laws for credit repair in Michigan?

There are federal and state laws for Michigan. You should be aware of both. Federal Laws. The Credit Repair Organizations Act (CROA) is a federal law passed in September 1996 that regulates organizations whose purpose is increasing consumer’s credit score through credit repair.