We can read from the newspapers and even see the news on the TV, the news about the economy is just rotten. We’ve gone through the credit crunch and that hasn’t let up, we now have to contend with a recession that many experts are calling “the one we remember”. The department of labor has just published a report recently that stated that 2 million people have lost their jobs since last year. Another 4 million are set to see their jobs too before the economy returns to normal and this could be anywhere from 5 to 10 years.
The recession has made loans much harder to get and the plain facts are that most people are still experiencing a decline in their credit scores as we enter different and deeper phases of the recession. Credit card companies spooked by the credit crisis would often pull back on credit limits, that combined with people holding on to debt longer and holding generally more debt than before causes this drop in credit scores.
The thing is, it is actually a boom time for companies that want to cash in on the bad credit repair industry. The number of Americans who have dropped into the category of having a “bad credit score” has increased substantially. Initial reports suggest that the number now sits at a very respectable 70 million people who have a bad credit history that needs bad credit repair services. This is set to rise quite dramatically as more people receive bad credit reports. It is because of this that this sunshine industry is one of the hottest places to start a business in now.
Strangely, this industry is still very much under the radar of most entrepreneurs that there really hasn’t been much change in the number of bad credit repair agencies around. This is evidenced from the department of statistics license issuance. For all purposes, this business opportunity is still a fairly open field. The money is also very good, most bad credit repair agencies will charge between $ 800 and $ 1200 for an average bad credit repair job with complicated jobs going up to $ 2000 per job. A well trained team of 4-5 number crunchers together with 2 managers should be able to cover at least 50 files a month, netting you an average of an conservative $ 40,000 per month.
With the right kit and proper automation the number of cases can be increased significantly. Items like communications can be streamlined with auto-responders, a website to harvest data efficiently. You can obtain macro enabled packages which can auto generate forms and letters with the right headers and address. The number of packages that you can incorporate into the business to make it run smoother is simply outstanding. Below we are going to list some important marketing tips that you can use to build your bad credit repair business.
When it comes to marketing and getting your first clients, you should never underestimate the value of old media and old forms of marketing. For important things like bad credit repair clients will often turn to classic media and also trust in it more. These classic media ads should be on radio, newspapers or even direct mail if you already have a customer base. With these classic media marketing campaigns your cost of sale will be around $ 200 per new client. Whatever you make above that is pure profit to your company. A well sorted classic campaign will see a lead ratio of about 2-4%
Bad credit repair proprietors must also remember the importance for customer service and the relationship that you build with your clients. When you first start out it is easy to keep things nice and warm with your customer however as you scale your operations up it becomes harder to connect with your customer on a personal basis. It is important to understand that the bad credit repair business is essentially a service driven business and that the personal touch is always important. Being dependable and nice to your current clients can also bare fruit quite quickly as those with bad credit histories are more than likely to get themselves back into the rut again.
Overall the consensus is that the bad credit repair industry has a very bright future as the current trend is for people to get worst credit reports than ever before. The recession and poor state of the economy will help amplify this significantly. If you are looking for a business to invest in then we can very soundly recommend that you invest here.
The BLACK Man in the WHITE House: Racism Is Alive and Well in America
The Civil Rights Act of 1964 ended segregation in public places and banned employment discrimination on the basis of race, color, religion, sex or national origin. While this law was created to protect voter's rights and eliminate segregation in schools, restaurants and workplaces, the reality is that 50 years later Americans are still battling with these issues.
While many say racism is over and point to the fact that America has its first black president, Barack Obama's election actually ignited racial tension in the country, rather than ending it. As a result white supremacists, hate crimes and internet sites like Stormfront have grown exponentially.
These extremist organizations are fueled by an increased fear of nonwhites' power in government and the rising number of immigrants that are taking over "their" America. Racists choose to disregard the laws of this country in favor of their own warped ideology.
In the last couple of weeks, Cliven Bundy, Donald Sterling and Paul Ryan made racial comments that went viral, and dominated numerous hours of media coverage. Many Republicans stood up for Bundy prior to his racial comments, even though he was convicted of owing the federal government $1 million and refused to pay it. The NBA took unprecedented action against Sterling. And Paul Ryan defended his statements by saying, "I'm not a racist. I was inarticulate."
Sport franchises, corporation executives and politicians are riddled with racists of varying degrees. Most just have the common sense to avoid public pronouncements of their views, but that doesn't mean racism doesn't exist.
Playing into the racial frenzy that is sweeping our country are Republican governors like Scott Walker, Rick Perry and Rick Scott. All are hoping to suppress minorities' voting rights in their states in order to pass legislation that most Americans, especially minorities, don't support. After all, if only whites could vote, things would be very different.
With this mindset, many Republican Congressional representatives want to roll back the clock to the good ol' days of the fifties and sixties. The Supreme Court is aiding in this mounting discrimination with their recent decision to gut portions of the Voting Rights Act of 1965. This action to quash the Act, which was passed in response to Jim Crow laws is offensive to anyone's sense of fairness and justice for all.
Like the poll taxes and literacy tests of a bygone era, state issued IDs and voter-roll purges, coupled with reduced voting hours are all intended to keep minorities from exercising their constitutional right to vote.
In addition to voting rights, our courts and penal system discriminate against minorities. Young African American men are arrested four times as often as white men for carrying the same amount of marijuana, which is still illegal in most states. These arrests for minor crimes lead many black teenagers to follow unlawful pursuits rather than paths they may have taken without the scar of the arrest on their record. Also in question is the fairness of our judicial process. Two recent judgments handed down by predominantly white juries emphasize this unfairness.
These Florida verdicts vindicated white men who killed African American teenagers. George Zimmerman's "not guilty" verdict for the murder of Trayvon Martin was considered by many to have a racially influenced outcome. In another case that had racial overtones, a jury was deadlocked on whether Michael Dunn, a white man, was guilty of murder for shooting to death a black teenager over loud music. I wonder if the races of the victim and accused had been switched, if the judgments would have been different. Actually, I really don't wonder; unfortunately I know the answer.
Education is seen as one way to lower the number of incarcerated black men and help minorities become productive, tax-paying members of society. Yet, the Supreme Court stepped in and put up a road block making it harder to accomplish this goal.
In an April 2014 decision, the Supreme Court upheld a Michigan constitutional amendment that bans affirmative action as part of the admission process in the state's public universities. Seven other states currently have the same sanctions. States that forbid affirmative action in higher education, like Florida and California, have seen a significant drop in the enrollment of black and Hispanic students in many of their top colleges and universities.
Americans need to take notice of what is happening and not support the rebels that include many Republican elected officials. The diversity, which made our country great, needs to be seen in the leadership of America, as well as its average citizen. Racism is a communal problem and needs everyone working together to make life better, not for just a few, but for all.
The question of how to achieve less racism and more acceptances is complex and has no clear black and white answer.
By Gerry Myers
Article Source: http://EzineArticles.com/expert/Gerry_Myers/1799878 Article Source: http://EzineArticles.com/8492898