Draft template, must be reviewed by counsel before first use
This is a plain-language template of the agreement a client signs. It must be reviewed and finalized by licensed counsel, and adapted to the state(s) where Colst Capital operates, before it is used with any paying customer. The signed agreement, the separate "Consumer Credit File Rights" disclosure, and the right-to-cancel form are provided to the consumer before any work begins.
This agreement is between Colst Capital, LLC ("we") and the consumer named on the signature page ("you").
We will: (a) review your credit reports from the three nationwide bureaus; (b) identify items that appear inaccurate, incomplete, outdated, or unverifiable; (c) with your approval, prepare and submit disputes to the bureaus and furnishers; and (d) track and report results to you. A detailed description of services is attached as Exhibit A.
We will begin within 5 business days after you provide the information we need and approve your dispute plan. Credit bureaus generally have about 30 days to investigate each dispute. We make no representation about how long full results will take.
We do not charge or collect any fee before services are fully performed. Your selected pricing is: ____ (monthly in arrears at $99/month, billed after each completed month of service) or ____ (per-deletion at the per-item rate listed in Exhibit B, charged only after an item is corrected or removed). No setup fee. You authorize the payment method on file to be charged only for services already performed.
We do not guarantee any specific result, including any score increase or the removal of any particular item. We cannot remove accurate, current, and verifiable information. We will never advise you to make an untrue or misleading statement.
You may cancel this contract, without penalty or obligation, at any time before midnight of the 3rd business day after the date you signed it. A Notice of Cancellation form is provided with this agreement. You may also cancel ongoing service at any time, effective at the end of the current billing period.
You acknowledge receiving the separate "Consumer Credit File Rights Under State and Federal Law" disclosure before signing. View it here.
You authorize us to obtain your credit reports and to communicate with bureaus and furnishers on your behalf for the purpose of this service. Your information is handled per our Privacy Policy.
You may cancel this contract, without penalty or obligation, within 3 business days from the date the contract is signed. To cancel, mail or deliver a signed, dated copy of this cancellation notice, or any other written notice, to Colst Capital, LLC at [address] before midnight of [date]. I hereby cancel this transaction. ____________ (date) ____________ (signature).
This template is illustrative. Several states also require specific contract language, surety bonding, and registration for credit repair organizations. Confirm and incorporate state requirements with counsel before use.