Many people find themselves in what might be called the “Time and Money Catch 22.” Trapped in a dead-end job with no hope for advancement, they live from paycheck to paycheck making barely enough money to meet expenses. They long to break free and start a business of their own, because the hope of better money “somewhere down the road” is way better than no hope at all!

The “catch” is that starting a business would require more time than their job allows, and yet they can't quit their job because they're forced to depend on it to pay their bills. There's just no getting around it! No new business is going to begin making money the very first day. There will always be a period of time when there's just no money coming in.

What's needed is a business that:

• One can start in his spare time and at his own pace

• Can be started with very little money

• Can be making money in a reasonably short time

• Most importantly, can be operated part-time while the entrepreneur maintains his present job during the “start up” phase.

So the solution is to look for a business that one can manage part-time until such time as there's enough money coming in to equal or exceed the income from the present job – or at the very least, enough money to pay the bills!

If you find yourself in this situation, a good business for consideration would be the business of “Credit Repair.” Now there are credit repair agencies that charge $795 to $2,000 or more for this service. Some attorneys even charge as much as $5,000. So clearly, you can make a lot of money doing credit repair.

But even though agencies and attorneys charge a great deal of money, there's nothing they do that you can't do yourself. Best of all, you can start with very little money and do it part time while maintaining your current job.

Depending on which state you live in, you may need a license and may be required to be bonded. But you DON'T need to be an attorney, nor do you need any prior experience. Credit repair is easy to learn and easy to do, and with nearly 1 out of every 3 Americans having some kind of credit problems, you'll likely have no trouble finding clients, so you can begin making money in a relatively short time.

While a detailed discussion of the process is beyond the scope of this report, let's go through a condensed “run down” of how credit repair works.

1. You have your client go to http://www.annualcreditreport.com and get a copy of his credit reports from the 3 major credit bureaus. They are Experian, Equifax, and TransUnion.

2. Examine his report and identify negative items.

3. Write to the 3 bureaus and dispute several of those items. By law they must investigate and reply within 30 days.

4. When the updated credit reports come back, repeat the process and dispute additional items.

This explanation is a somewhat simplified version of the process. To start making money in credit repair, you'll need to get a good book on the topic and do some study. You can easily find one online. You'll also need to research the law pertaining to credit repair companies. Just go to Google and type in “Credit Repair Organizations Act.”

But remember, it can all be done while you continue to earn money at your current job. And even if your job allow you little spare time, you can use the time you do have to study at your own pace.

When you're ready, you can get started by doing some “word of mouth” advertising. As you grow your business, you'll want to reinvest some of the money you make into paid advertising so you can recruit more clients. At that point you'll be well on your way to dumping that dead-end job and ending your money problems!