Credit Repair Merchant Accounts

All Credit Levels Accepted

First Card Payments has over 20 years of experience as a credit repair merchant processor.

Credit has always been important, but even more so today as so many institutions factor credit scores into their decisions. Even renting an apartment can be an issue with poor credit, let alone trying to get a loan from a lending institution. That’s where a good credit repair company comes to the rescue. In order to even get to that point, however, you as a business entity need to partner with a reliable payment processing company to open a credit repair merchant account.

A credit repair company reviews credit reports looking for mistakes and negative items. They deal with the credit reporting agencies, managing things like tax liens, bankruptcies, and charge-offs, among many others.

Click to Call - (877) 441-6801 

Why Credit Repair Companies Are Considered High-Risk

A few bad apples spoil the bunch. Unfortunately, that’s the case in the credit repair industry as well. Unscrupulous companies take advantage of people in vulnerable situations seeking credit repair. While the majority of these types of companies have been cleared out by Federal Trade Commission (FTC), the reputation of the credit repair industry is tarnished and these types of businesses are considered high risk by banks and other financial institutions.

Higher chargeback rates are another reason the credit repair industry is considered high risk. Traditional industries are allowed up to 1% chargeback ratios without causing concern to the banks or ISOs. High-risk credit repair merchant accounts are typically allowed to carry higher chargeback ratios depending on the particular bank or ISO without causing them concern. While high-risk merchant accounts get a little more leeway from banks and ISOs regarding chargeback rates due to the nature of these industries, the merchant fees are higher than more traditional merchants.

Choosing First Card Payments for Credit Repair Merchant Accounts


  • No application or setup fees
  • Month-to-month agreements available, which means no early termination or cancellation fees
  • Save up to 25% merchant fees with FCP
  • Our relationship with owners, presidents, and CEOs of over 30 financial institutions means credit repair merchant account approvals as well as savings
  • First Card Payments offers solutions for high chargeback rates, bad credit, card-not-present (CNP) transactions, etc.
  • Multiple encrypted credit repair gateways that are easy to use


Merchant Pricing for Credit Repair Companies

Just because a credit repair merchant account is considered high risk doesn’t mean you should pay such high fees.

At First Card Payments, we have developed relationships with numerous banks and ISOs over the last two decades to ensure we provide our clients with exceptional service and solutions.


Credit Repair Merchant Consultation with FCP

We offer more than just credit repair backend processing; we offer our experience and guidance as well. Each and every First Card Payments customer is connected to a personal account manager who is in your corner. Our chargeback prevention tips will help you keep those ratios low and our expert advice will keep banks from hounding you regarding your high-risk credit repair merchant account.

If you’re looking to get into the credit repair industry, our team at First Card Payments will do everything in our power to ensure you get the most effective advice and excellent merchant services in order to thrive.

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