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Credit repair provider expands reach into broker channel

by Reporter10 minute read

Credit Fix Solutions has joined the panel of Purple Circle, the latest aggregator partnership it has unveiled to help more brokers offer credit repair services to borrowers.

Credit repair education and service provider Credit Fix Solutions will soon be available to brokers aggregating under Purple Circle Financial Services (Purple Circle), as the company broadens its offering in the third-party channel.

As of 11 October, Purple Circle brokers will be able to access the service that removes bad marks from borrowers’ credit reports and improves their credit score.

The director of Purple Circle, Frank Paratore, welcomed the new partnership, stating: “As an aggregator, it is essential we have an extensive and encompassing ‘panel’ solution for our members.


“Credit repair is a needed support service as lending isn’t a one-size-fits-all situation. Clients have different requirements depending on their circumstances, and having credit report education available and a trusted credit repair firm as a support provider will assist our members [to] help and educate their clients, as well as grow their business.

“To specifically address issues with credit repair and education in this area, Purple Circle Financial Services welcomes [Credit Fix Solutions chief executive] Victoria Coster and the Credit Fix Solutions team to the panel.”

The Purple Circle panel appointment is the latest agreement Credit Fix Solutions has made with the third-party channel recently, having been named as the dedicated credit report education and credit repair service provider for mortgage manager Rate Money in April.

It is also on the panel of Vow Financial and Yellow Brick Road, having first started offering credit repair solutions to Vow and YBR brokers in 2021.

Travis Hall, head of distribution at YBR, commented that the credit repair services had been popular with many customers who had a form of credit impairment.

“Some customers might not have been able to see light at the end of the tunnel, for others it has resulted in a lower interest rate after Credit Fix solutions have completed their process,” he said.

Speaking to The Adviser, Ms Coster commented: “At Credit Fix Solutions, our primary focus is on broker support and how we can help their businesses thrive.

“Having a credit reporting education and credit repair service dedicated to brokers such as Credit Fix Solutions means that brokers can achieve better client relationships and create more efficiencies within their businesses.

“We have specifically partnered with these groups as they offer exceptional broker care, in line with our core values.”

[Related: Zarko Jokic joins Credit Fix Solutions]

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