PeptidesPayments
Full glossary
Industry

Credit Repair Organizations Act (CROA)

The federal law governing credit-repair businesses, including contract and no-advance-fee rules underwriters check.

The Credit Repair Organizations Act (CROA) sets federal rules for credit-repair businesses, including written contracts, disclosures, cancellation rights, and limits on charging for services before they are performed.

Acquiring banks underwrite credit-repair merchants partly on CROA compliance, since violations create both legal and chargeback exposure the bank would inherit.

Related industries

Credit RepairDebt Collection
Pre-qualify

Secure, compliant, reliable —let's get you paid.

Tell us about your business and a specialist will reach out with the payment solutions that fit — cards, ACH, eCheck, crypto, and offshore.

  • No cost and no credit pull to pre-qualify.
  • Your information is never shared with third parties.
  • A specialist reviews every application personally.

Have your documents ready? Submit the full merchant application to go straight to underwriting.

No cost, no credit pull, and your information is never shared with third parties.