Credit Repair & Debt payment processing
Credit Repair & Debt Services Merchant Accounts
Credit repair and debt services are tightly regulated, and most processors won't touch them. We place compliant credit repair, debt settlement and collection agencies with banks that know the rules and want the business.
Why it's high risk
Why banks label Credit Repair & Debt as high risk
Understanding how underwriters see your business is the first step to getting approved — and staying approved.
CROA & TSR rules
Federal law restricts when credit repair companies can charge, especially by phone.
Regulatory enforcement
The FTC and CFPB actively pursue the category.
Customer expectations
Unmet results lead to refund requests and disputes.
Get approved faster
What you'll need to apply
Having these ready speeds up underwriting. Missing something? Apply anyway — your rep will help you fill the gaps.
- Client service agreement
- State registrations or bonds (where required)
- Billing timeline and refund policy
- Processing statements (if available)
- Government-issued ID for each owner (25%+)
- 3 months of business bank statements
FAQ
Credit Repair & Debt merchant account FAQ
Can credit repair companies accept credit cards?
Yes, as long as billing follows CROA — generally charging only after services are performed. We'll help structure that properly.
Do you work with debt collection agencies?
Yes. Collection agencies can accept card and ACH payments with the right account setup.
Is ACH available?
Yes. ACH and eCheck are a great fit for payment plans and recurring client billing.
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