CREDIT REPAIR SERVICE AGREEMENT

by | Feb 6, 2022 | Samples legal papers

CREDIT REPAIR SERVICE AGREEMENT

This CREDIT REPAIR SERVICE AGREEMENT (‘’this Agreement’’) is entered into between [name] of address [ADDRESS] (“Service Provider/ Company”) and [NAME] of address [ADDRESS] (“Client”) on [DATE].

NOW, THEREFORE, in consideration of the premises, and of the mutual promises and undertakings herein contained, the parties, intending to be legally bound, do agree as follows:

  • SERVICES

The Company offers credit repair services. This entails removal of all derogatory credit full file sweep including but not limited to; 

  • school loans
  • Doctor bills
  • Credit card debt 
  • Car payments
  • Other loans
  • CLIENT’S OBLIGATION
    1. The client agrees to pay an upfront consulting fee of $ 500. 
    2. The company will outline the removal according to each person’s file. Upon completion of the credit file sweep, the client agrees to make a final payment of $ 500.
    3. The total service cost to be paid by the client is $1000.
    4. In addition to these obligations, the client must visit Go to WalletHub.com, make an account and pull their collections report. The client should also provide Fair Group with what they want removed from collections.
    5. The client shall include 
  • the date the account opened, 
  • the Company owed, 
  • the address and name of the company, 
  • monetary damage (amount owed)
  • Client SSN and date of birth
  • Provide the front and back of their ID for verification purposes

If the selected collection removal is student loans or any repo, the client must include the name (student loan or repo) when they send us their first removal.

  •  INDEMNIFICATION
    1. Indemnification by Client.

Client shall indemnify and hold Company free and harmless from any and all claims, damages or lawsuits (including reasonable attorneys’ fees) arising out of negligence or malfeasant acts of Client.

  1. Indemnification by Company. 

Company shall indemnify and hold Client free and harmless from any and all claims, damages or lawsuits (including reasonable attorneys’ fees) arising out of failure of Company to provide reasonable credit score increase within the allotted term.

  1. Term and Termination.
    1. Term.

 This Agreement shall continue as outlined in this agreement unless terminated by company as provided herein. Thereafter, this Agreement shall continue until terminated by conditions provided within this agreement.

  1. Termination for Cause.

If either party default in the performance of any material obligation in this Agreement, then the non-defaulting party may give written notice to the defaulting party and if the default is not cured within thirty (30) days following such notice, the Agreement will be terminated.

  • LIMITATION ON LIABILITY

IN NO EVENT WILL EITHER PARTY OR ANY OF ITS LEGAL AND BUSINESS PARTNERS BE LIABLE FOR ANY SPECIAL, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR EXEMPLARY DAMAGES (INCLUDING, WITHOUT LIMITATION, LOSS OF REVENUE OR ANTICIPATED PROFITS OR LOST BUSINESS), EVEN IF SUCH PARTY HAS BEEN OR WILL HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IF EITHER PARTY SHALL BE FOUND LIABLE, IN A COURT OF COMPETENT JURISDICTION, FOR ANY MATTER RELATING TO OR ARISING FROM THIS AGREEMENT, WHETHER BASED UPON AN ACTION OR CLAIM IN CONTRACT, EQUITY, FRAUD, MISREPRESENTATION, NEGLIGENCE, INTENDED CONDUCT OR OTHERWISE (INCLUDING ANY ACTION OR CLAIM ARISING FROM THE ACTS OR OMISSIONS, NEGLIGENT OR OTHERWISE, OF EITHER PARTY), THE AGGREGATE AMOUNT OF DAMAGES RECOVERABLE BY EITHER PARTY WITH RESPECT TO ANY AND ALL BREACHES, PERFORMANCE, NON PERFORMANCE, ACTS, OR OMISSIONS HEREUNDER WILL NOT EXCEED THE TOTAL AMOUNT OF FEES PAID TO SUCH PARTY, BY THE OTHER PARTY, UNDER THIS AGREEMENT. THE FOREGOING WARRANTIES, TERMS OR CONDITIONS ARE EXCLUSIVE AND ARE IN LIEU OF ALL OTHER WARRANTIES, TERMS OR CONDITIONS, EXPRESS OR IMPLIED, EITHER IN FACT OR BY OPERATION OF LAW, STATUTORY OR OTHERWISE, INCLUDING WARRANTIES, TERMS OR CONDITIONS OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

REGARDLESS OF THE ABOVE, COMPANY’S OR ITS LEGAL AND BUSINESS PARTNERS’ AGGREGATE LIABILITY ARISING OUT OF, OR RELATING TO, THIS AGREEMENT (WHETHER IN CONTRACT, TORT OR OTHER LEGAL THEORY) SHALL NOT EXCEED THE AMOUNT OF FEES BILLED PURSUANT TO THIS AGREEMENT.  IN ADDITION, NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR ANY SPECIAL, CONSEQUENTIAL, PUNITIVE OR OTHER INDIRECT DAMAGES (INCLUDING, BUT NOT LIMITED TO, LOST REVENUES OR PROFITS), WHETHER OR NOT NOTIFIED OF SUCH DAMAGES.

  • CONFIDENTIALITY

Neither Party will use, copy, adapt, alter or part with possession of any information of the other which is disclosed or otherwise comes into its possession under or in relation to this Agreement and which is of a confidential nature. This obligation will not apply to information which the recipient can prove was in its possession at the date it was received or obtained or which the recipient obtains from some other person with good legal title to it or which is in or comes into the public domain otherwise than through the default or negligence of the recipient or which is independently developed by or for the recipient.

  • GOVERNING LAW AND JURISDICTION.

This Agreement shall be governed by and construed according to the laws of the State of Georgia

  • ENTIRETY

This Agreement sets forth the entire agreement and understanding of the parties relating to the subject matter herein and supersedes any prior discussions or agreements between them. No modification of or amendment to this Agreement, nor any waiver of any rights under this Agreement, shall be effective unless in writing and signed by the party to be charged.

  • NOTICES

Any notices required or permitted by this Agreement shall be deemed given if sent by Certified mail, postage prepaid, e-mail, fax, return receipt requested or by recognized overnight delivery service: If to Company; At its principal place of business or if to Client, at the aforementioned address.

  • SEVERABILITY

If any provision of this Agreement is held to be invalid by a court of competent jurisdiction, then the remaining provisions shall nevertheless remain in full force and effect.

  1. LEGAL EXPENSES

The prevailing party in any legal action brought by one party against the other and arising out of this Agreement shall be entitled, in addition to any other rights and remedies it may have, to reimbursement for its expenses, including court costs and reasonable attorneys’ fees.

  • BINDING EFFECT

The covenants and conditions of the Agreement shall bind the parties and the heirs, legal representatives, successors, agents and permitted assigns of the Parties.

 

In Witness Whereof, this Agreement is duly executed by the duly authorized representatives of the parties as set forth below:

 

___________________________________ ___________________________

Client’s Signature Date

___________________________________ ___________________________

Company Official Signature Date

 

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