CCRS™ is a registered
trademark of the
Institute of Consumer Financial Education
(ICFE), San Diego, CA
Certified Credit Repair Specialist - CCRS™
Certified Credit Repair Specialist (CCRS™) program is the
nation's premier comprehensive training and certification
specifically developed for credit industry professionals who are
dedicated to educating and assisting consumers, clients,
customers, businesses, and the general public in credit
reporting, credit file correction a/k/a credit repair. Also
included is credit scoring plus how to maintain a good report
and high score. With the birth of the Consumer Financial
Protection Bureau (CFPB) in 2012, it took over the enforcement
of the FCRA/FACTA laws from the Federal Trade Commission (FTC)
which resulted in many new rules and regulations for the credit
CCRS™ qualified professionals are employed by a wide range of
organizations including consumer credit and debt counseling
organizations, credit unions and other financial institutions,
student loan lenders, cooperative extension system, all branches
of the military, mortgage, real estate, and financial services
firms; law enforcement, and other government agencies. Many
others are private practitioners, financial educators, notary
public, attorneys, security consultants, CPAs, CFPs, and other
The growth of
the consumer credit has been explosive. Americans are still
getting all charged-up with their plastic. Individual credit
files continue to grow, many times into more than three dozen
pages. This area of growing concern to consumers and business
owners alike is one that is often overlooked by their well
meaning financial and business advisors, until now.
Credit Repair Specialist (CCRS™) have learned the Credit Repair
Organizations Act (CROA), the Fair Credit Reporting Act (FCRA)
and the Fair and Accurate Credit Transactions Act (FACTA). They
have learned how to read and understand their own credit reports
and those of others. They have also learned about the steps to
take to guard against credit and identity theft, an important
new aspect of the credit report/repair service. Another
important aspect in the training is about credit scores;
maintaining them or increasing them, which often results in
lower credit costs.
provide a valuable
service by helping to educate their individual clients and small
business owners on the importance of maintaining a good rating,
correcting mistakes in credit files ASAP, keep high credit
scores and protect their personal information from criminals.
What are the CCRS’s™
course learning goals and
Learn the Credit Repair
Organizations Act (CROA), the Fair Credit Reporting Act (FCRA)
and the Fair & Accurate Credit Transactions Act (FACTA).
Learn what states have credit repair and
credit services laws.
Learn what states have bond requirements
for credit services and credit repair organizations.
Learn the legal operating parameters of
credit repair professionals.
Identify methods of access to credit
reports, free and otherwise.
List common credit terms and define key
Identify information in credit reports.
Locate and verify information in credit
Review a credit report for mistakes and
Identify methods for credit file
correction of mistakes and missing information.
How to report inaccurate information to
the credit reporting agencies (CRAs).
List the components of a credit score.
Recognize privacy laws and their
impact on credit lenders and borrowers.
Identify potential identity
theft using a credit report and information provided in a
the Consumer Financial Protection Bureau and the Federal Trade
Commission resources for consumers.
Communicate key components of
credit reports to consumers.
How to use the legal system to
effect changes on a credit report.
Communicate key components and
limitations of credit repair.
Who Is Enrolling In This Valuable
ICFE CCRS™ Certification Program and earning CE's?
Click here to view a partial list of companies represented by
CFP, CLU-ChFC, RFC, CPA, Notaries, Credit and Debt Counselors
Bank, Credit Union & Student Lenders
Military Personal Financial Counselor
Employee Benefits Administrators
Mortgage Lenders and Real Estate Agents
In-house Collection and Recovery Counselors
Faith Based Credit and Financial Counselors
Bankruptcy and Financial Education Instructors
First-time Home Buyer Advocates-Counselors
Why Become a CCRS™?
Here's some of the reasons why people are becoming an
Certified Credit Repair Specialist:
Becoming certified by the ICFE makes a
difference to your clients, your company and yourself.
It is a manifestation of your commitment to high
standards of professionalism aimed at your employer, your
colleagues, your clients and the general public.
· Enhance your experience in the
field and promote your professional value.
Learn about the new Consumer Financial
Protection Bureau (CFPB)
current with the FCRA/FACTA law and other financial education
Fulfill continuing education (CE), PDU and PACE requirements.
· The International Association of Registered Financial
Consultants (IARFC) accepts this for 5 CEs.
· This program
is accepted for 5 PACE credits.
*Accepted for 5 PDUs
from the American Assn. of Family & Consumer Sciences
National Assn. of Certified Credit Counselors (NACCC) awards its
members eight CEs.·
Association For Financial Counseling and Planning Education
(AFCPE.org) 5 CEs.
Benefit: Earn a listing in the ICFE's online International
Directory of CCRS™
About reviewing and correcting credit reports
There will be millions of consumers who need help understanding what
is in their credit report. Thousands of credit report
review/repair specialists will
be needed the years ahead as more consumers begin to take
advantage of their free credit reports.
About a half million consumers will also have become identity theft
victims. Regular reviews of credit reports (one or two times per
year, depending on level of credit activity) is the latest
weapon in combating America's fastest growing crimes - Identity
Theft - by early detection and better consumer awareness, both
can be a result of the credit report reviews and fixing
Learn critical points of the CROA, the FCRA and the FACTA laws. The
complete texts are included in the CCRS™ Independent
Study Guide (ISG). Also learn what a credit report
review/repairer is and what they do. Discover if your profession
is among those on the list of who need CEUs available to those
enrolling and completing this exciting and beneficial program.
Are among the types of professionals who may benefit from the
enhancement to your experience with the CCRS™ training? If you
said yes, please read on.
The entire ICFE CCRS™ certification process is explained in
following paragraphs, including a list of materials and pictures
of the materials and Certificates the ICFE provides to
successful candidates. There are also more details about
providing the credit report review/repair service.
Here is what's
included in the
ICFE CCRS™ Independent Study Guide – CROA/FCRA/FACTA
CCRS™ Independent Study Guide Table of Contents
(Click Here to View
Table of Contents)
100 Question Examination/Answer Sheet – CROA/FCRA/FACTA
80 correct answers required
Do-It-Yourself Credit File Correction Guide
Sample letters and freeze letters from the Credit File Guide on CD
ICFE Certificate with gold seal "Certified Credit Repair Specialist
Benefit: Earn a listing in the ICFE's online Directory of CCRS™
Receive ICFE eNEWS
and regular email updates
Multiple Enrollment Savings of $25 each.
(2 or more enrollments at same time)
ICFE CCRS™ Independent
ICFE CCRS™ 100
ICFE Credit File Correction Guide
letters in PDF format on the CCRS™ Resource Toolbox
Certified Credit Repair Specialist – CCRS™
Code of Ethics
for ICFE Certificants
About the Credit Report Review/Repair Services
As an ICFE Certified Credit Repair Specialist –CCRS™ you will teach
clients how to obtain their credit reports from the three major
CRAs. When the client has his or her credit reports in hand, you
will review their credit reports, page-by-page, with the client
present. The average credit report review and checking for
mistakes takes about an hour and fifteen minutes.
Utilize the Credit File Review form on the CCRS™ Resource
A husband and wife are considered separate clients because there are
no joint credit reports.
You will explain how to make any changes and corrections and you may
suggest what changes to make using the ICFE's Do-It-Yourself
Credit File Correction Guide.
After you have finished the interview you may want sell or provide
the client a copy of the ICFE's
Do-It-Yourself Credit File Correction Guide. The ICFE Guide has sample letters for
your clients to use as a guide in making any changes desired.
If you provide them with
a complimentary copy of the ICFE Do-It-Yourself Credit File
Correction Guide, it is a $20-25 retail value, your cost is
$7.50 each plus postage.
Your clients will also receive an important list of things they
should to do prevent against Identity Theft.
suggested fee is $35-$60 for about a one hour review service,
including the ICFE Guide. If you spend more than one hour, but
less than 90 minutes, the suggested fee is $60-$85 including the
Immediately order your own credit reports. In about a
week, you will receive your ICFE Independent Study Guide for
your CCRS™ Certification, the Examination and the ICFE's
Do-It-Yourself Credit File Correction Guide. Complete at
your own pace, using your credit reports as you progress.
Lastly, when you have completed the exam,
send it to ICFE (PO Box 34070 San Diego, CA 92163)
OR fax it
to 619-923-3284 OR email it to the ICFE to get your grade and