Posted by Anonymous on 5/28/06 4:21pm Msg #122888
Credit Counselor
I am thinking ahead what to do as rates climb. Some of these borrowers are in deep trouble. Perhaps notaries tend be more organized, prepared individuals. I thought if I become a credit counselor, I might have a booming business. Not sure how these people would pay me though.
Anybody out there got any ideas?
|
Reply by Drakester_IA on 5/28/06 5:24pm Msg #122898
Do a search (Yahoo, Google, MSN, ASK) CCCS. Go to customer services and it will explain what is expected of you as an advisor and how to get paid. Hope that helps
|
Reply by BrendaTx on 5/28/06 5:32pm Msg #122899
I've looked into this myself...HUD will reveal all kinds of training...problem is that you have to be associated with a HUD related credit counselors to be able to partake. I happen to know that credit counselors have to do a lot of telephone counseling for rev morts in Tx so I think this might be something you should pursue.
|
Reply by Debbietax_CA on 5/28/06 7:52pm Msg #122906
Check out this link if you want info on becoming a Credit Report Reviewer or ID Theft Prevention Specialist. I did the course, you can e-mail me if you want to ask me any questions about it. http://www.icfe.info/
|
Reply by Missy_Lulu on 5/28/06 10:45pm Msg #122917
I believe there are all kinds of credit counseling websites popping up since the Bankruptcy Law change in 2005. It is now a requirement to take a credit counseling course (which can be done online or at a local agency). A Bankruptcy Petition cannot be submitted until the credit counseling is completed. Maybe do a search regarding Bankruptcy and Credit Counseling.
|
Reply by Jenny_CA on 5/29/06 12:15pm Msg #122983
There are people that go into this business and advertise under credit counseling and actually mean credit repair but of course can not adverstise " credit repair". When you mean credit counseling do you mean actual counseling or telling clients that by such and such date they can see improvements in their credit score ?
Just wondering.
As for as you collecting $$ is part of deciding how you are going to run your business or who your target will be. Will you extend some form of credit? A payment plan? Cash only? Your business.
People get into real estate, becoming LO's and also credit counseling, there are some that combine them all....including beign a notary public. It's the same thing how hard are you willing to work at it,adverstise, market, and so forth. Do you want to go into it because it's hot and will you be there 2 yrs down the road?
|