CREDIT REPAIR SERVICE AGREEMENT

CREDIT REPAIR SERVICE AGREEMENT

 

Pinnacle Credit Solutions, LLC

26 Executive Park Ste. 100

Irvine, CA 92614

 

Document is prepared for:

 

[client_full_name]

[client_address]

[client_city], [client_state] [client_zip]

 

[date]

 

This Service Contract Agreement (the “Contract”) is entered into by and between Pinnacle Credit Solutions, LLC (the “Company”) and [client_full_name] (the “Client”) on [date]

 (“effective date”).

 

WHEREAS the Client and the Company wish to enter into an agreement under which the Company will provide certain credit-related services to the Client.

 

WHEREAS the Client now retains the Company to perform the credit repair services listed in Section 1 below.

 

WHEREAS the Client understands and agrees that the only services the Company has agreed to provide under this Contract, and the services that the Client has agreed to pay for, are the services outlined in Section 1 below.

 

NOW, THEREFORE, in consideration of the mutual covenants contained herein, the receipt and

sufficiency of which is now acknowledged, the parties to this Agreement agree as follows:

 

SECTION 1: SERVICES

 

  • Under this service agreement, the Company agrees to perform the following:
  • Identification of any inaccurate, erroneous, unverifiable, false, outdated, or obsolete information within the Client’s credit report at applicable

credit reporting agencies (ex. TransUnion, Experian, Equifax) any data furnishers reporting data to relevant credit reporting agencies.

 

  • Advise Client on any necessary actions required to assist Company in the disputing of any inaccurate, erroneous, unverifiable, false, outdated, or obsolete information identified on Client’s credit report at applicable credit reporting agencies.


  • Prepare and send all necessary documentation, letters, mailings, faxes, or other correspondence to dispute any inaccurate, erroneous, unverifiable, false, outdated, or obsolete information identified on Client’s credit report applicable credit reporting agencies. Client can review correspondence sent on their behalf inside client’s portal.


  • Provide a monthly review of Client’s credit report at applicable credit reporting agencies and prepare any follow-up documentation, letters, mailings, faxes, or other correspondence required to dispute any inaccurate, erroneous, unverifiable, false, outdated, or obsolete information identified on Client’s credit report at applicable credit reporting agencies. 


  • Provide individualized coaching and consulting as necessary by meeting in person, internet video conferencing, phone, email, or other correspondence.


  • The Company and the Client agree the period to complete all services outlined in this section shall be Six (6) months for every file. 


  •  The Client agrees to make the following payments in exchange for the services described above: 

 

$1,295.00 upon completion of initial document processing as described in Sections 1.1a, 1.1b, 1.1c of this Agreement.

 

$75.00 at the end of each month of service for the next 6 months. 

 

  • The Client understands if payment is not made per this Contract, the Client shall be in breach of this Contract, and from the date of the breach, all of the Client’s services described in this Section 1 will be suspended until payment obligations are made under this Contract. The Client understands there are no refunds for services entirely performed. 

 

SECTION 2: AUTHORIZATION FOR CREDIT REPAIR ACTION (LIMITED POWER OF ATTORNEY)

 

This section grants a limited power of attorney and will be used for the sole purpose of helping with the restoration of Client’s credit. This does not give Company full power of attorney over any of Client’s other affairs.

 

  • The Client gives the Company, its officers, employees, and agents, the necessary power and authority, in and on my behalf, to act as my attorney-in-fact to undertake and perform the following matters only as set forth herein: obtaining information, including but not limited to credit reports in my name, over the telephone, fax, and internet, through written or online correspondence from credit bureaus, creditors, or collection agencies. This includes permission to communicate with applicable credit reporting agencies such as TransUnion, Experian, Equifax, and any creditors, agencies, or institutions furnishing data to relevant credit reporting agencies for the purpose of disputing, fixing, correcting, or modifying information on my credit report, on my behalf as if the Client was personally present.


  • The Client authorizes the Company, its employees, and agents to prepare all necessary correspondence, either written or electronic, relating to the Company’s services and to submit to the Company any additional information required to support those services.


  • If negotiation of debt is necessary, the Client gives the Company, its officers, employees, and agents the right to discuss information to resolve a debt. 


  • The Client directs said record holder authorization to release any requested information upon the presentation of this Limited Power of Attorney. The Client releases the bearer of this authorization as well as the recipient, including but not limited to, the Custodian of such records, Repository of the Court Records, Credit Bureaus (TransUnion, Equifax, Experian, Innovis, ChexSystems, SageStream, LexisNexis, ARS, CoreLogic, Accurint), consumer reporting agencies, retail business establishments, lending institutions, student loan agencies (public or private), from liability including whatever kind which may at any time result to me, my heirs, family or associates, because of compliance with this authorization to release information, or any attempt to comply with it.


  • The Client has the right to revoke or terminate this Limited Power of Attorney at any time. This Limited Power of Attorney shall end (6) months from the date of execution set forth below. According to the terms herein, the Client’s attorney-in-fact shall not be liable for any acts or decisions made in good faith. All issues about validity, interpretation, and administration of this Limited Power of Attorney shall be determined following the laws of California.

 

SECTION 3: DISCLAIMER OF GUARANTEE OR WARRANTY

 

  • The Company agrees only to perform the services specifically described in Section 1 above.


  • Any results disclosed in any testimonies or Clients’ reactions received by the Company are not necessarily the average Client’s results. The Client recognizes that every consumer’s circumstances are different and that the Company does not represent or warrant that it will achieve specific results for the Client. 


  • The Company does not represent or guarantee that the Client will receive new credit or loans, credit cards, or mortgages due to the Company’s services. 

 

SECTION 4: ADDITIONAL STATE DISCLOSURES

 

No additional disclosures.

 

SECTION 5: OTHER TERMS AND CONDITIONS:

 

  • All notices and other communications hereunder shall be given in writing and shall be deemed to be duly given and effective: (i) upon receipt if delivered by electronic mail or facsimile, (ii) three days after deposit in the United States mail, and (iii) one day after deposit with a national overnight express delivery service.

    Either party may change the following contact information upon written notice to the other party. Notices shall be delivered or transmitted to:

 

[client_address]

[client_city], [client_state] [client_zip]

 

Company’s Agent for Service of Process:

 

Pinnacle Credit Solutions LLC

Attn: Legalzoom.com, Inc.

101 N. Brand Blvd 11th FI.

Glendale, CA 91203

 

  • If any provision of this Contract is held to be inapplicable or unenforceable, then such provision shall be construed, as nearly as possible, to reflect the intentions of the parties, with the other provisions remaining in full force and effect.


  • This Contract is deemed to have been made and entered into exclusively in the State of California. This Contract and its enforcement shall be solely governed by the laws of the State of California, without regard to its conflict of law provisions. Any legal or equitable action concerning this Contract shall be initiated only in California, any court with competent jurisdiction.


  • This Contract may be executed in one or more counterparts, each of which shall be deemed an original but all of which together will constitute the same instrument.


  • The Company cannot provide legal advice. The Company, its employees, and agents are not attorneys and therefore are not authorized to give legal advice.


  • This Contract represents the final and entire Agreement between the Client and the Company and shall supersede all other agreements between the parties regarding the subject matter. 


  • The Client acknowledges and attests that the information the Client has provided to the Company is true and correct to the best of the Client’s knowledge and belief. Any material misstatements of fact made by the Client to the Company will, at the Company’s option, relieve the Company of any further obligation to perform under the Contract.

 

SECTION 6: Signature and Intent to Sign Contract Electronically

 

I, [client_full_name], hereby acknowledge with my digital signature that I agree and understand what I am signing and acknowledge that I have received a copy of my Consumer Credit File Rights. I agree to hereby enter into the full Agreement described in this Contract, which is made effective on [date] between Pinnacle Credit Services LLC and myself [client_full_name]

 

By signing below, the Client hereby enters into and agrees to be bound by ALL the terms and conditions of this Contract. Further, the Client acknowledges that they have read this Contract in its entirety and fully understand the contents of the Contract before Signing below.

 

You, the Client, may cancel this contract at any time prior to midnight of the fifth day after

the date of the transaction. See the attached notice of cancellation form for an explanation of this right.

 

     _________________________________                __________________________

                  Client’s Signature         Date

 

NOTICE OF RIGHT TO CANCEL FOLLOWS. 

 

NOTICE OF RIGHT TO CANCEL

 

You may cancel this Contract, without any penalty or obligation, within five days from the date the contract is signed. If you cancel, any payment made by you under this contract must be returned within 15 days following receipt by the Company of your cancellation notice. 

 

To cancel this contract, mail or deliver a signed and dated copy of this cancellation notice, or any other written notice, to Pinnacle Credit Solutions LLC Attn: Legalzoom.com, Inc. 101 N. Brand Blvd 11th FI. Glendale, CA 91203 not later than midnight [Date]. 

 

I hereby cancel this transaction. 

 

________________________

Your Signature

 

________________________

Date

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