TERMS OF AGREEMENT
1. This is an agreement between Advance Credit Services Inc. and the undersigned "client" is for the purpose of credit analysis/audit, investigation services and improvement services. Our services include preparing correspondence letters to credit bureaus to request removal of incomplete, outdated, unverifiable, misrepresented erroneous information stated by the client, that appears on "client" furnished credit reports.
2. You the "client" agree this is a month to month agreement, that may be cancelled at any time with no obligation other than paying for the case work already performed. The "client" may cancel this contract without penalty or obligation at any time before midnight of the 3rd business day after the date on which you signed this contract.
3. You the "client" Authorize Advance Credit Services Inc. to collect an initial one time setup fee of ($90.00) upon signed agreement, and a continuous monthly fee of ($35.00-$55.00 depending on program) for the work performed during the previous month in accordance with state and federal law. The "client" understands monthly services include continuing audit/analysis and investigation of up to 3 major bureaus, creating documents for the purpose of credit report improvement and correction.
4. You agree to provide Advance Credit Services Inc. any changes to your contact information, including mailing address, email address or method of payment within 7 days of any changes.
5. For you the "client" to qualify for a refund, you have to be a client of Advance Credit Services Inc. for 10 months or more. As a client you must foward all updated credit reports within a timely manner "within 10 days of receiving the reports" to give A.C.S. a chance to dispute these accounts. Our refund policy is as follows, at your written request along with 3 current credit reports we will calculate how many deletions and/or improvements we have made to your credit files since the start date. A value of $85.00 per item ‘deleted or improved’ will be subtracted from the amount of money you paid. An application fee is non refundable after the 3rd day of contract.
You will only be charged the amount initially agreed to nothing more. A.C.S. only implements our $85.00 per item pricing for refund calculations, any extra items we remove over the amount you payed are only benefitting you and we will never charge more for removing multiple items from credit reports.
6. You the "client" agree to foward Advance Credit Services Inc. copies of your credit reports from the three major bureaus (Trans-union, Experian and Equifax) upon signing this agreement. You also agree to foward all correspondence received from the credit bureaus to Advance Credit Services Inc. within 10 days of recieving such documents. These items are required for our company to provide our services effeciently.
7. You the "client" are obtaining Advance Credit Services Inc. to work to improve your credit score and credit standing.
8. If the "client" chooses to cancel the "Services" they may do so at any time with written or verbal notice. To cancel please call 1 800 273 1621 to receive a cancellation code. To cancel by mail, fill out attached form and resubmit to P.O. BOX 600726 St. Johns, Florida 32260.
9. You the "client" agree that while in many cases dramatic results are seen within 60-90 days of Advance Credit Services Inc. receiving your credit reports, it is impossible to predict thetime required to achieve results in any specific case. It is also impossible to predict or guarantee the specific outcome or success of any situation and that no such predictions or guarantees are being proffered. Under no circumstances shall the company, its agents nor owners be liable for any consequential damages. Damages shall never exceed the amount the client paid Advance Credit Services Inc. Any Claim shall be arbitrated initiated by written demand within one year from the event, Filed in Northeast Florida in Duval County.
10. By executing this Contract, "client" grants Advance Credit Services Inc., a limited power of attorney, by and through its authorized representatives, to: 1) use the Customer Information that the "client" provides in order to obtain from credit bureaus, creditors, collection agencies and other holders of records of "Client's" credit reports, "Client's" credit history or other creditor information for the "Services"; 2) sign correspondence to the record holders; 3) use "Client's" name to sign correspondence addressed to creditors, collections agencies, public record holders, and credit reporting agencies; 4) obtain credit information over the telephone, fax, and or through the internet from record holders; 5) to discuss information with any record holders to help resolve a debt if mediation of a debt is necessary. Advance Credit Services Inc. Acknowledges that its authorized represenatives have been alerted to the sensitivity of the customers information being reviewed. The "client" shall have the right to revoke or terminate the limited power of attorney provided under this Contract at any time upon written or verbal notice to Advance Credit Services Inc. Otherwise; the limited power of attorney shall terminate upon termination of this membership by the "client". All questions pertaining to validity, interpretation and administration of this Contract shall be determined in accordance with the laws of the state of Florida, Duval County.
The"client"agrees that "Client's" limited power of attorney is valid throughout the United States for all Customer Information to be obtained by Advance Credit Services Inc. pursuant to this Contract by the binding and enforceable electronic signatures set forth below.
11. This agreement will remain in effect for eight months, our monthly fee of $35.00-$55.00 (depending on program) will be charged on a continuous monthly basis until canceled or services have completed the eight monthly cycles. An initial setup fee of $90.00 will be billed once upon completion of this agreement.
12. Your electronic signature is required to authorize Advance Credit Services to conduct services on your behalf, by checking the box below you agree to the terms.
For a reasonable fee, you may order a copy of your credit report from a credit bureau. If within the past 60 days, you have been turned down for credit, employment, insurance, or a rental dwelling because of information in your credit report there is no charge for your credit report from the credit bureau used. There is also no charge 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. Once you have your report(s), you have a right to dispute inaccurate information in them by contacting the credit bureau directly.
Credit bureaus are required to follow reasonable procedures to ensure that the information they report is accurate. However, mistakes frequently occur.
You may, on your own, notify a credit bureau in writing that you dispute the accuracy of information in your credit file. The credit bureau must then reinvestigate 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 reinvestigation 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.
Neither you nor any credit repair company or 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 for 10 years.
You have the right to sue a credit repair organization that violates 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.
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