EMB Number One Choice for Credit Repair Firms

Nov 02, 2015

The world runs on plastic. Almost anyone can receive a credit card with a large sum of credit to purchase desired items. But mismanagement of funds, unexpected bills, and emergencies can send even the most responsible of businesses into crushing debt. The last economic downturn put many people and businesses into this situation. Now more than ever, credit repair services are in demand. Still many financial institutions refuse to service credit repair companies. Luckily, online credit repair merchants like, EMB, offer payment processing solutions to credit repair companies that want to help consumers with credit woes.

Since credit repair services have become so vital to the American people, it seems like consumers can find a credit repair service on every corner offline and online. Unfortunately, this has also created a market built on credit repair scams. The Better Business Bureau (BBB) acknowledges the importance of credit monitoring and credit repair, but warn consumers about companies that claim a quick fix solution to bad credit. Many of these companies charge outrageous fees for services upfront. Others charge large monthly fees.

The BBB also advises to avoid credit repair companies that want you to dispute all items on your credit report, or erase all negative credit information on the report even if it is true. These practices are illegal and unethical. Also avoid any instructions to use an Employer Identification Number in lieu of a Social Security number or create a false identity. This constitutes fraud.

Many consumers are in debt and need the guidance of professionals to rebuild their credit. Legitimate credit repair services are in high demand that will help increase consumer credit scores gradually over time. Even though credit repair is a booming and necessary service, banks see credit repair companies as high risk with high volume. eMerchantBroker doesn’t care about the risks. Let EMB help you get your credit repair business started. eMerchantBroker.com is America’s leading payment processor that can help establish your credit repair merchant account in as little as 24 hours.

Let us help you get a high risk merchant account today!

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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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