Terms

{BAY STATE CREDIT}
{1104 MAIN ST. #3052}
{BROCKTON}, {MASSACHUSETTS}{02304}
Prepared for:
{CLIENT NAME}
{CLIENT ADDRESS}
{CLIENT CITY}, {CLIENT STATE} {CLIENT POSTCODE}
{CLIENT DATE OF BIRTH}
{TODAYS DATE}
The following pages contain:

  1. Credit Repair Service Agreement
  2. Authorization for Credit Repair Action
  3. Consumer Credit File Rights (CROA Disclosure)
  4. Right Of Cancellation Notice
  5. State Specific Disclosures (add if applicable)

Credit Repair Service Agreement for {CLIENT NAME}
I, {CLIENT NAME}, hereby enter into the following agreement with {BAY STATE CREDIT}. {BAY STATE CREDIT} hereby agrees to perform the following:

  1. To evaluate Customer’s current credit reports as listed with applicable credit reporting agencies and to identify inaccurate, erroneous, false, or obsolete information. To advise Customer as to the necessary steps to be taken on the part of Customer in conjunction with Our Company, to dispute any inaccurate, erroneous, false or obsolete information contained in the customer’s credit reports.
  2. To prepare all necessary correspondence in dispute of inaccurate, erroneous, false, or obsolete information in customer’s credit reports. 3. To review credit profile status from the credit reporting agencies such as: Experian,
    Equifax, and Transunion. Consulting, coaching, and monitoring services are conducted by personal meetings, webinars, video conferencing, telephone, email, or by any other form of communication during normal business hours.
    In exchange, I, {CLIENT NAME}, agree to pay the following fees as outlined in the following fee schedule:
  3. $197 At signup for document processing
  4. $97 At the start of each new month of service.

Authorization for Credit Repair Action

  1. I, {CLIENT NAME}, hereafter known as “client” hereby authorize, {BAY STATE CREDIT}, {1104 MAIN ST. #3052}, {BROCKTON}, {MASSACHUSETTS}{02304}, to make, receive, sign, endorse, execute, acknowledge, deliver, and possess such applications, correspondence, contracts, or agreements, as necessary to improve my credit. Such instruments in writing of whatever and nature shall only be effective for any or all of the three credit reporting agencies
    which are TransUnion, Experian, Equifax, and any other reporting agencies or creditor’s listed, as may be necessary or proper in the exercise of the rights and powers herein granted.
  2. This authorization may be revoked by the undersigned at any time by giving written notice to the party authorized herein. Any activity made prior to revocation in reliance upon this authorization shall not constitute a breach of rights of the client. If not earlier revoked, this authorization will automatically expire twelve months from the date of signature.
  3. The party named above to receive the information is not authorized to make any further release or disclosure of the information received. This authorization does not authorize the release or disclosure of any information except as provided herein.
  4. I grant to {BAY STATE CREDIT}, {1104 MAIN ST. #3052}, {BROCKTON}, {MASSACHUSETTS}{02304}, authority to do, take, and perform, all acts and things whatsoever requisite, proper, or necessary to be done, in the exercise of repairing my credit with the three credit reporting agencies, which are TransUnion, Experian, Equifax and any other reporting agencies or creditor’s listed, as fully for all intents and purposes as I might or could do if personally present.
  5. I hereby release {BAY STATE CREDIT}, {1104 MAIN ST #3052}, {BROCKTON}, {MASSACHUSETTS}{02304}, from all and all matters of actions, causes of action, suits, proceedings, debts, dues, contracts, judgments, damages, claims, and demands whatsoever in law or equity, for or by reason of any matter, cause, or thing whatsoever as based on the circumstances of this contract.
    Consumer Credit File Rights Under State and Federal Law
    You have a right to dispute inaccurate information in your credit report by contacting the credit bureau directly. However, neither you nor a credit repair company or credit repair organization has the right to have accurate, current and verifiable information removed from your credit
    report. The credit bureau must remove accurate, negative information from your report only if it is over 7 years old. Bankruptcy information can be reported up to 10 years.

You have a right to obtain a copy of your credit report from a credit bureau. You may be charged a reasonable fee. There is no fee, however, if you have been turned down for credit, employment, insurance, or a rental dwelling because of information in your credit report within the preceding
60 days. The credit bureau must provide someone to help you interpret the information in your credit file. You are entitled to receive a free copy of your credit report if you are unemployed and intend to apply for employment in the next 60 days, if you are a recipient of public welfare
assistance, or if you have reason to believe that there is inaccurate information in your credit report due to fraud.

You have a right to sue a credit repair organization that violated the Credit Repair Organization Act. This law prohibits deceptive practices by credit repair organizations.

You have the right to cancel your contract with any credit repair organization for any reason within 3 business days from the date you signed it.

Credit bureaus are required to follow reasonable procedures to ensure that the information they
report is accurate. However, mistakes may occur.

You may, on your own, notify a credit bureau in writing that you dispute that accuracy of the information in your credit file. The credit bureau must then re-investigate and modify or remove inaccurate or incomplete information. The credit bureau may not charge any fee for this service.
Any pertinent information and copies of all documents you have concerning an error should be given to the credit bureau.

If the credit bureau’s re-investigation does not resolve the dispute to your satisfaction, you may send a brief statement to the credit bureau to be kept in your file, explaining why you think the record is inaccurate. The credit bureau must include a summary of your statement about disputed
information with any report it issues about you.

The Federal Trade Commission regulates credit bureaus and credit repair organizations. For more information contact: The Public Reference Branch Federal Trade Commission Washington, D.C.
20580.

Notice of Right to Cancel

”You may cancel this contract, without any penalty or obligation, at any time before midnight of the 3rd day which begins after the date the contract is signed by you.
”To cancel this contract, mail or deliver a signed, dated copy of this cancellation notice, or any other written notice to {BAY STATE CREDIT}, {1104 MAIN ST. #3052}, {BROCKTON},
{MASSACHUSETTS}{02304}, before midnight on the 3rd day which begins after the date you have signed this contract stating ”I hereby cancel this transaction, (date) (purchaser’s signature).’’
Our Cancellation and Return Policy:
You are entitled to a 100% refund on all payments and fees paid directly to us (excluding the setup fee and credit monitoring sites), if:
• We do not remove at least 25% of all the derogatory accounts worked on.
• You have not had any progress and it has been six months from the time you retained our services and you have given us all the necessary information and documentation.
• You have provided a copy of your proof of identification documents within 5 days of signing up for our services.
• You have not used a credit-consulting agency nor attempted to repair your credit two years previous to signing up for our services.
• You agree to send updated reports from the three credit bureaus to us within 5 days of receipt.
• You make us aware if updated reports have not been received.
You may cancel services at any time. Please notify us in writing 7 days before the next billing period.

Please acknowledge your receipt of this notice by electronically signing the form indicated below.

Acknowledgment of Receipt of Notice

I, {CLIENT NAME}, hereby acknowledge with my digital signature, receipt of the Notice of Right to Cancel. I confirm the fact that I agree and understand what I am signing, and
acknowledge that I have received a copy of my Consumer Credit File Rights.
*Digital Signatures: In 2000, the U.S. Electronic Signatures in Global and National Commerce
(ESIGN) Act established electronic records and signatures as legally binding, having the same legal effects as traditional paper documents and handwritten signatures. Read more at the FTC web site: http://www.ftc.gov/os/2001/06/esign7.htm

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