86% of merchants who apply are approved. No setup fees, no hidden costs.
Get Started FreeHigh-Risk Industries · Credit Repair
We place credit repair merchants through 20+ acquiring bank partners that already underwrite the industry, so your application goes to a bank likely to say yes. 86% of merchants who apply are approved.
Be approval-ready
What credit repair underwriters ask for
Yes. A credit repair company can get a merchant account through a processor that underwrites high-risk industries, and PayKings approves 86% of merchants who apply through 20+ acquiring bank partners that already accept credit repair.
Mainstream processors typically decline credit repair at underwriting or close the account once a review flags the industry. An account underwritten from the start by a bank that accepts credit repair avoids both outcomes — we send your application to a bank likely to say yes.
| What to expect | Detail |
|---|---|
| Approval rate | 86% of merchants who apply are approved |
| Underwriting file | A government ID, business bank statements, prior processing statements if available, and a compliant website with clear terms of service and a refund policy |
| Acquiring banks | 20+ partners that underwrite credit repair |
| Payment types | Credit card, debit card, ACH, and recurring billing |
| Pricing | Interchange-plus, with every fee disclosed in the merchant service agreement before you sign |
| Contract | Industry-standard term; the early termination fee can be waived |
What to expect
86%
Of merchants who apply are approved, with underwriting matched to banks that accept credit repair.
20+
Acquiring bank partners that already underwrite credit repair.
24/7
Customer support, included with every account.
Apply
To open a credit repair merchant account, underwriters ask for four things: a government ID, business bank statements, prior processing statements if available, and a compliant website with clear terms of service and a refund policy.
The reason the file matters is the Credit Repair Organizations Act, the federal statute governing credit repair businesses; the full text is published by the FTC at ftc.gov. The Consumer Financial Protection Bureau also publishes consumer guidance on credit repair at consumerfinance.gov. Regulatory oversight under CROA is one of the three reasons acquiring banks classify the industry as high-risk, alongside chargeback exposure from recurring billing and outcomes that customers sometimes dispute.
Underwriters review your website and billing against that framework. The most important rule: CROA prohibits charging clients before the services you are billing for have been fully performed, so monthly plans must bill in arrears, not in advance. CROA also requires a written contract, a three-day cancellation right, and a standard consumer disclosure before any work begins. Clear terms of service, a posted refund policy, and billing descriptors clients recognize are what keep an approved account approved.
Getting set up
It takes minutes and does not interrupt your current payment processing.
A government ID, business bank statements, prior processing statements if you have them, and a compliant website with clear terms of service and a refund policy.
One-time audits, monthly plans, or per-item billing — each fits certain acquiring banks better than others, and we send your file where it fits.
Set up recurring plans and clear billing descriptors, then begin accepting card and ACH payments for your credit repair services.
Merchant services
Everything a credit repair company needs to bill clients comes with the account:
The gateway handles processing credit card payments online and over the phone by virtual terminal, and billing plans accept recurring payments for monthly repair programs and subscriptions.
Pricing is interchange-plus, and every fee is disclosed in the merchant service agreement before you sign. Expect per-transaction fees, a possible monthly gateway fee, and a rate that reflects your processing history and billing model.
There is no long-term contract, and the early termination fee can be waived. You should be able to read your terms and know exactly what you are agreeing to.
Recurring billing & ACH
Most credit repair revenue is recurring, and recurring billing is exactly where chargebacks accumulate. We structure card-on-file subscriptions with clear descriptors so clients recognize the charge.
Many credit repair, credit counseling, and debt consolidation firms also run ACH merchant accounts alongside cards: ACH pulls cost less per transaction and reduce the card chargeback ratios that put merchant accounts at risk.
Running your business on Credit Repair Cloud or another credit repair CRM? You still need your own merchant account and gateway to bill clients.
Our gateways work alongside credit repair CRMs and common tools like WordPress and accounting software, so client billing, dispute tracking, and bookkeeping stay in sync.
Accounts & choosing a processor
A business bank account holds your funds. A merchant account is what lets you accept card and ACH payments, settling those funds into the bank account. A credit repair business needs both — and because the industry is high-risk, the merchant account is the harder one to get.
We handle the merchant account side and work with the business bank account you already have. If banking has also been difficult, our guide to opening a high risk bank account explains what banks look for from businesses in our category.
When comparing credit repair payment processors, look at:
Ready to compare? Complete the online application and we will tell you where your business stands.
Processors built for high-risk underwriting accept credit repair businesses. PayKings places these merchants with acquiring banks that already underwrite the industry, so approval reflects your actual business rather than a category checkbox.
The practical choice is between an aggregator and an underwritten high-risk account:
| Comparison point | Aggregator | Underwritten high-risk account |
|---|---|---|
| Approval | Almost instant | Timelines vary with documentation |
| Industry review | Happens after you are live — credit repair accounts are routinely closed once a review flags the industry | Happens before approval, by a bank that accepts credit repair |
| Stability | At risk of sudden closure | Underwritten to hold |
| Pricing | Flat rate, set by the platform | Interchange-plus, every fee disclosed in the merchant service agreement before you sign |
Whichever provider you compare, look at how many acquiring banks it works with, whether chargeback alerts and dispute support come with the account, whether recurring billing and ACH are supported, and whether the contract terms are in writing before you sign.
What's included
The difference
Built for the businesses other processors turn away.
FAQ
Everything you need to know about high-risk payment processing
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