Additional Requirements For Approval (credit card processing):

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Tips For Getting Approved For A Merchant Account!

Credit Requirement: Must have credit above  600 FICO (not required for Check Services). If you credit is not above 600 you can have a Cosigner that is an business owners / Partner / Spouse / or Parent of the principals.

  1. 3 months worth of merchant statements if you have them.
  2. 3 months of bank statements (personal or business).
  3. Articles of Corp or Business License.
  4. Sample letter that you send to the Credit Bureaus or the letter explaining the process you use to increase your client’s credit score.
  5. Website URL (Your website can ONLY offer “Credit Repair.”  Loan Mod, ID Theft, & Debt Settlement/Negotiations Services cannot be listed on your same site) and must have service description, pricing, refund or cancellation policy, privacy statement and contact info, address and phone number.
  6. Copy of the agreement your customer signs should have the service description, pricing, refund or cancellation policy, privacy statement and contact info, address and phone number.
  7. You must agree to use this merchant account for Credit Repair” services ONLY. (Nothing Else).
  8. You must agree to never use your own credit cards on your own merchant account (not even for testing purposes).
  9. You must agree to always give immediate refunds to anyone that requests one to avoid charge backs (your account will be closely monitored for this).

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