One of the most crucial elements in a credit repair, be it as an individual or as a business, is the software that helps you manage the documents and reports. You will be dealing with a myriad of reports and correspondence from credit bureaus, debt collectors, and creditors on a daily basis. And keeping track of the progress of all of the paperwork is important.
What is This Software?
A complete credit repair software solution helps you automate a lot of the tasks in an otherwise menial and painstaking process. However, it is also important that the software allows for a carefully crafted, customized dispute letter that you’ll send to the credit bureaus. The founder of DisputeBee.com attributes those detailed correspondences to a successful strategy called “factual disputing”. The platform should be able to empower credit repair businesses or any individual who wants to effectively and conveniently send out dispute letters.
There is a lot of software out there in the market. Your selected service should have the following features:
1. Can Generate Dispute Letters and Other Automations
One of the main features of a Credit Repair Software is the ability to automatically generate the dispute letter that you’ll send to the creditors. If you have hundreds of clients with various data in their reports, you will need help to sort out that information and automatically draft letters on the items you intend to dispute. Also, automating the monitoring of the client’s personal information will help you organize and reduce the lead time of your transactions such as:
- Pulling up your client’s credit report.
- Calendar alerts for your client.
- Client follow-up is reduced to 5 minutes per month.
You will be able to focus on getting more clients, customer service, and sending dispute letters and not get stuck with dealing with piles of documents.
2. Integrations With Other Business Applications
Your software must have an API system that supports the integration of your other business database. The software should be able to integrate with lead generation, bookkeeping, and other CRM software. Sometimes affiliate referrals are also tracked to incentivize realtors, dealers, and other salespeople who send business your way. Integrating different tools coupled with the automation of tasks is important in preparing for your credit repair business for growth. Scalable growth keeps you in the business in the long run and you’ll be able to help more people in your community.
3. Simple Payment Pricing
Having an affordable credit repair system with the ability to cancel anytime will give the peace of mind of not being stuck with a service that you no longer use. There are certain packages that are tailored for individual or business use. For businesses, they should be able to store an unlimited number of clients and other features.
With these capabilities, you will be able to efficiently dispute for yourself or your clients. The software should also be readily constructed to help you run a credit repair business so that you will be able to make money out of it. Credit repair shouldn’t be burdensome and complicated, by using this tool, you will be able to offer a service that is uplifting to the members of your community.