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Prakash (IT Specialist)     23 May 2011

Need advice in Starting Credit repair service

Am planning to start a Credit repair business in India. I would like to know the procedures and the process to make it successfull. The objective of my business is to provide service to the people who is suffering from bad debts as well as save them from Harassment from Bankers. In india most of the people are suffering from these issues. Kindly help me in establishing the same.





 7 Replies

Amit S Patole (Platform Systems Administrator)     22 June 2011

Good Idea Prakash,


I am also facing the same problem can you help me in this issue. you can contact me on 9923401305



Amit S Patole

Deepak Vasudevan (Tech Architect)     28 June 2011

I think this concept is rather novel in India. But even in USA, FTC has forumulated a few guideliness on a self-help basis. Check out this hyperlink and I think as a service you may be restricted to do a counselling only and I don't think you can do anything on behalf of the client as you are dealing with customer-confidential data. Just my two cents.

1 Like

Mahesh Mukadam (None)     30 June 2011

In india there is no system idenifying its people such as social security or social insurance number and there are no credit burough hence credit repair wont work there. Indian political system is such that they interfere every where. Indian blood is corrupt and everyone  there if they get chance they will accept bribe from shipoy to chief minister. Look Adarsh scandle, 2g spectrom, commonwelth games etc. Ruling party as well as opposition party all are corrupts hence no one will give dam to such credit repair service. It will be west of time and frustration.

1 Like

DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE )     30 June 2011

welcome contact for all the assistance in the matter.

1 Like

Amit S Patole (Platform Systems Administrator)     30 June 2011

@Mahesh: I completly agree with you. But how long will this continue? I finaly got a loan approved (Which I dont need)despite of my credit score. I think by repaying this loand I may be able to increase my credit score. I will post the updates in comming months whether my credit score increases or not. This may be one of the way to repair a bad credit score

Debt Doctor (Debt Counselling Team)     29 November 2011

Debt Doctor based in Bangalore helps individuals review and repair their credit history. Please see the website or call 080 3073 2222

Sudhir Lal (Expert)     19 April 2013

I had a similar problem with CIBIL. I got in touch with Credit Sudhaar( ) They are a crack team run by professionals from the financial services industry. Excellent responses, always available to take my queries.. These guys at Credit Sudhaar are ever reliable. you can contact them on 022-67886788

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