What are the best ways to start a credit repair business?.--Answer1:Margaret, Ive three similar questions for you, and deceided to answer this one. Many, many credit repair businesses are nothing but a SCAM. Professionally you are view like a snake.To actually create a credit repair service you would need to have tremendous assets, and working capital upfront, since success is so dependent upon word-of-mouth in that business. You mus have hontacts with hundreds of bankers, lawyers, collection agencies, etc.Im a risk taker, tis how I got "comfortable". Even I wouldnt go there!