Credit Repair Merchant Account

We offer Fast Approval & The Lowest Fees. All credit ratings and industries accepted.

Get approved for a compliant, reliable merchant account with First Card Payments and start processing payments without sudden shutdowns, frozen funds, or unreliable payment processors.

Get Pre-Approved for Your Credit Repair Merchant Account

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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.

Speak With a Payment Processing Specialist

Our Process

First Card Payments makes the application process simple and transparent for businesses.

Step 1

You fill out a 5-minute application and send supporting documents.

Step 2

FCPays reviews the application and matches you with the best processor.

Step 3

FCPays submits you application to the bank for underwriting and you are approved.

Step 4

FCPays builds the account, creates the gateway, and you start processing

Apply With First Card Payments Today

What Our Clients Say

We’re proud to support businesses across various industries. Here’s what our clients have to say about working with us and the results we’ve helped them achieve.

Fast Approvals, Smooth Setup

"First Card Payments made the entire process quick and stress-free. We were approved faster than expected, and the onboarding was handled professionally from start to finish."

Michael Adams

Managing Director

A Solution When Others Said No

"After being declined by multiple providers, First Card Payments helped us get up and running without the usual hassle. Their team understood our business and delivered exactly what we needed."

Lauren Jacobs

E-commerce Business Owner

Reliable Payments, Ongoing Support

"We’ve had a great experience working with First Card Payments. The system is reliable, transactions run smoothly, and their support team is always available when we need assistance."

Daniel Foster

Operations Manager

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

Higher chargeback rates are another reason the credit repair industry is considered high risk.

Standard Industry Chargeback Limits

Traditional industries are allowed up to 1% chargeback ratios without causing concern to the banks or ISOs.

Flexible Chargeback Thresholds

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.

Higher Merchant Processing Fees

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.

Choose First Card Payments for Payment Processing

Choosing First Card Payments for Credit Repair Merchant Accounts

No Setup or Application Fees

No application or setup fees

Flexible Month-to-Month Agreements

Month-to-month agreements available, which means no early termination or cancellation fees

Save Up to 25% on Merchant Fees

Save up to 25% merchant fees with FCP

Strong Banking Partnerships

Our relationship with owners, presidents, and CEOs of over 30 financial institutions means credit repair merchant account approvals as well as savings

High-Risk Processing Solutions

First Card Payments offers solutions for high chargeback rates, bad credit, card-not-present (CNP) transactions, etc.

Secure & Encrypted Payment Gateways

Multiple encrypted credit repair gateways that are easy to use

Partner With the Provider of Choice for Merchant Accounts

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.

Ask First Card Payments About Your Business

Credit Repair Merchant Consultation with FCP

Dedicated Account Management

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.

Chargeback prevention tips

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.

Expert Payment Processing for Merchants

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.

Get Pre-Approved for Your Merchant Account

Insights & Updates

28 Apr

Credit Repair

Services

Merchant Accounts