I, the client, understands it is my responsibility to pay all associated fees pursuant to the selected service plan on time. The payment information I submitted, above, is legally mine, accurate, true and valid. I, further, authorize Pearson Credit Repair, LLC to charge other payment methods on file and/or used to pay for rendered services. I agree to pay the late charge of $5.95 when payment for Pearson Credit Repair, LLC’s is not honored upon first presentation by Pearson Credit Repair, LLC.
Pearson Credit Repair Service Agreement
Introduction:
This Service Agreement ("Agreement") is entered into by and between Pearson Credit Repair ("Company") and you (the "client") for the provision of credit repair services.
The Agreement contains:
- Credit Repair Service Agreement
- Authorization for Credit Repair Action
- Consumer Credit File Rights
- Right of Cancel Notice
- Acknowledgement of Receipt of Notice
SERVICES AND REPRESENTATION:
Credit Restoration Services (the “Service”) will be limited to the following, and will be for
the benefit of the Client. Pearson Credit Repair, LLC will provide such services and
will act on client’s behalf to perform services. This agreement is valid until the client decides to cancel.
CREDIT AUDIT SERVICE
Pearson Credit Repair, LLC obtains the client's credit profile to review and consult with the client as to the information contained within the credit report.
The credit audit service is expected to be complete shortly after client’s first contact with Pearson Credit Repair, LLC.
CREDIT REPAIR SERVICE
Assist in the update, correction, or removal of any item that is found to have been reported erroneously or inaccurate.
Periodic review, analysis of client's credit status and provide manual and/or automatic updates to the client.
Per client's request, create a strategic plan to assist in meeting client's goals.
Create correspondence to the applicable creditors, collection companies, public record offices, and the three major reporting agencies in the attempt to correct or remove errors on the client's credit reports which client deemed to be inaccurate, incomplete, outdated, or unverified as per the Fair Credit Reporting Act.
Follow up client to discuss their credit status.
Assist client with credit inquiries, they have.
CLIENT RESPONSIBILITIES AND COMMUNICATIONS
Client agrees that, by signing this contract they are providing Pearson Credit Repair, LLC with 1) “written instructions” in accordance with the Fair Credit Reporting Act (FCRA) to periodically obtain the client's credit reports from any consumer reporting agency, affiliate or third party and to use the credit reports to provide the services agreed to as part of this contract. 2) to advise client as to the necessary steps to be taken in conjunction with Pearson Credit Repair, LLC to identify inaccurate, erroneous, or obsolete information contained on the credit reports and 3) to prepare all necessary correspondence in dispute of inaccurate, erroneous, or obsolete information on the credit reports.
Pearson Credit Repair, LLC ‘s representation is designed to assist the client in their efforts to ensure that they have a fair, substantiated credit report and that it accurately reflects their credit history. Herein, the client understands and acknowledges that
Pearson Credit Repair, LLC does not make any representation, warranty, promise or guarantee as to any particular outcome or result. Client understands credit repair and restoration is not a quick fix, and Pearson Credit Repair, LLC has and/or will not provided any specific promise or guarantee of time frame for updates on any given item of information.
Client understands that it is their right to execute similar disputes on their own behalf, but has willfully elected to allow Pearson Credit Repair, LLC to perform the services for the fees agreed upon the client and Pearson Credit Repair, LLC.
Client acknowledges that Pearson Credit Repair, LLC retains the option of utilizing third party entities to provide its services to the client.
Client agrees to inform Pearson Credit Repair, LLC with any changes in your personal information including but not limited to mailing address, email address, and phone number.
Client agrees to specify which credit report items Pearson Credit Repair, LLC should challenge with Bureaus, as applicable, and the basis for such actions.
Client agrees to electronically provide Pearson Credit Repair, LLC with legible copies of all correspondences received from credit reporting agencies which are the subject matter of this agreement by virtue of the credit report entries challenged by Pearson Credit Repair, LLC for verification of accuracy.
Client agrees to use all correspondence sent from Pearson Credit Repair, LLC, on the client's behalf, for their own personal benefit, and not for commercial purposes.
Client agrees to not apply for any type of credit, i.e., credit card, car loans, or secured financing, during the period of this agreement without a 3-day prior written correspondence to Pearson Credit Repair, LLC, and the opportunity on the part of Pearson Credit Repair, LLC to consult with you with regard thereto.
Client understands Credit Repair Communications sent by Pearson Credit Repair, LLC to Furnishers and Bureaus their behalf will be sent in the client's name and will not be identified as being sent by Pearson Credit Repair, LLC.
Client agrees to not work with any other credit repair company during the contractual agreement with Pearson Credit Repair, LLC
Client agrees that all information the client provides Pearson Credit Repair, LLC is true to the best of their knowledge.
ELECTRONIC COMMUNICATION
Client agrees unless specifically requested otherwise, that by entering into transactions with Pearson Credit Repair, LLC, consent to receive all information, copies of agreements and correspondence from Pearson Credit Repair, LLC in an electronic format. Client also affirms to send information in an electronic format unless previously agreed upon in writing with Pearson Credit Repair, LLC. Client has a right to receive a paper copy of any of these electronic records if applicable law specifically requires Pearson Credit Repair, LLC to provide such correspondence. The client's consent may be withdrawn at any time upon Pearson Credit Repair's receipt of such withdrawal. However, client's withdrawal of the consent to conduct business electronically occurs only if applicable law specifically requires Pearson Credit Repair, LLC to provide a paper copy of electronic documents. Kindly note, withdrawal of consent will slow the speed at which Pearson Credit Repair, LLC can complete certain steps in delivering services to the client. To inform us that the client wants to withdraw the consent to receive future notices and disclosures in electronic format, and would like to receive paper copies, the client may send to: Pearson Credit, LLC 1178 Broadway Fl 3, Ste 2002, New York, NY 10001. Client acknowledges and agrees that the internet is sometimes fickle. Therefore, Pearson Credit Repair, LLC is not liable for any loss, claim, or damages arising or in any way related to Pearson Credit Repair, LLC responses to any electronic communication, upon which Pearson Credit Repair, LLC has in good faith relied.
PEARSON CREDIT REPAIR, LLC WILL NOT DO THE FOLLOWING:
Pearson Credit Repair, LLC does not charge any fees in advance for any services under this Agreement.
Pearson Credit Repair, LLC does not guarantee the client will receive any type of financing or additional benefits as a result of the company's services.
Pearson Credit Repair, LLC does not remove accurate information. Pearson Credit Repair, LLC attempts to remove erroneous, outdated, or incorrectly reported information from the credit reporting agencies, as allowed by state and federal law. Pearson Credit Repair, LLC makes no claim beyond those changes allowed by state and federal law. This includes, but may not be limited to, inquiries, addresses, aliases, creditor accounts, and personal information.
Pearson Credit Repair, LLC does not promise or provide any specific outcome with regard to the client's credit history or credit report.
TERMINATION OF SERVICE
Pearson Credit Repair, LLC reserves the right to terminate the client's access to our services at any time and for any reason, including but not limited to breaching any provision of this Agreement, our Terms of Service, failure to pay fees, legal proceedings against the company, its officers, directors, employees, agents, legal matters against the client or providing false or misleading information. Kindly note, refusing to pay both installments of the Custom Tier Plan is contingent on termination of services. Herein, the client coercing the removal of items directly or indirectly pursuant to a public or private legal matter is prohibited. Hence, if the client fails to cooperate with Pearson Credit Repair, LLC including but not limited to not responding to all communications received from Pearson Credit Repair, LLC within ten ("10") days of the date of the communication is contingent in the termination of services.
NOTICE OF POTENTIAL LEGAL ACTION BY CREDITORS
Client acknowledges and understand that while Pearson Credit Repairl, LLC provides services related to credit repair, including but not limited to disputing inaccurate or unverifiable information on credit reports, Pearson Credit Repair, LLC does not provide legal representation or offer legal advice. Client further acknowledges that creditors and collection agencies may initiate legal action against them for outstanding debts, even before the statute of limitations for debt collection expires. Pearson Credit Repair, LLC does not control or prevent such legal action and makes no guarantees regarding the outcome of any disputes or negotiations. Client agrees that it is their sole responsibility to address any legal claims, lawsuits, or court actions that may arise in connection with their debts. Client is encouraged to seek legal counsel for advice regarding their rights and legal options in such situations.
LIMITED POWER OF ATTORNEY
Client agrees to sign a Limited Power of Attorney granting Pearson Credit Repair, LLC rights to contact, represent, and send correspondence produced by Pearson Credit Repair, LCC on client's behalf.
Granting Pearson Credit Repair, LLC to act as your Limited Power of Attorney does not give Pearson Credit Repair, LLC full power of attorney over any of client's other affairs nor does it make the company legal counsel. Pearson Credit Repair is not a law firm, and we do not provide legal representation or lawyer services. The power of attorney is effective immediately upon the date the contractual agreement is signed for rendered credit restoration services. The power of attorney is for the limited purposes of:
requesting and receiving client's consumer credit disclosures and credit reports;
disputing, challenging, or investigating with bureaus as applicable, at the client's direction and
within our professional judgment, inaccurate, unfairly reported, incomplete, or unsubstantiated
information on such disclosures and reports;
receiving results from such inquiries and communicating with them to the client;
investigating and/or verifying information provided by Furnishers to Bureaus; and
signing letters on the client's behalf and in the client's name.
Pearson Credit Repair, LLC shall not be liable for any loss that results from a judgment error that was made in good faith.
Client further indemnifies and holds harmless Pearson Credit Repair, LLC and any third party who accepts and acts under this document.
This Power of Attorney shall continue effective until the client decides to cancel credit resortation services provided by Pearson Credit Repair, LLC and rescind written notice to:
Pearson Credit Repair
1178 Broadway Fl 3
Ste 2002
New York, NY 10001
