Financial services
Credit repair merchant accounts
Commonly assigned MCC
7321 · 7322
The category actually assigned is set by the acquirer at boarding and can differ from these.
The short version
CROA prohibits charging for credit repair services before they are fully performed. That single rule shapes everything about how a credit repair business can bill, and an account built on a model that ignores it is a liability the acquirer inherits.
Legitimate operators bill in arrears or on performance, disclose in writing, and honour the cancellation right. Underwriting is largely a check that your billing matches that.
What is actually being priced
What underwriting is looking at.
Advance-fee prohibition
Charging before performance is the fastest way to fail this file, and it is checked against your actual billing flow rather than your contract.
Outcome claims
Specific score-increase promises attract regulator attention and read as a decline at underwriting.
Delayed disputes
Consumers dispute months later when results do not match expectations, so ratio pressure arrives on a lag.
What we put in place
- Placement for compliant arrears and performance billing models
- Recurring billing with clear pre-charge notification
- ACH as a lower-dispute alternative to cards for monthly service fees
- Representment built around service-not-rendered claims
What underwriting will ask you for
Assemble these before you apply anywhere. The list does not get shorter by waiting, and having it ready is the single biggest thing you control about how long this takes.
- Your service agreement and billing timing
- Marketing claims as they appear live
- Cancellation and refund process
- Processing history by month
On this account
What a boarded account in this vertical usually carries.
Also in financial services
Tell us about your credit repair business.
We will tell you whether a route exists right now, which acquirers are writing the category, and what your file needs before it goes anywhere.