CREDIT REPAIR TERMS & CONDITIONS
- This agreement is made by and between the “CLIENT” and “KAYDEM ENTERPRISES LLC”. CLIENT is an adult individual residing in one of the fifty states of the United States of America. This Agreement is not binding or effective until it has been received and accepted by KAYDEM.
- KAYDEM agrees as follows:
To initiate legal disputes described herein in order to remove inaccurate and unverifiable information off of: CLIENT/s credit report.
CLIENT will be advised with regard to the actions necessary for CLIENT to complete the dispute process.
For Major and Minor Credit restoration services this agreement shall last until all inaccurate and unverifiable account information is deleted, or through the completion of six (6) dispute cycles, ordinarily a period of twelve (12) months. One dispute cycle includes Kaydem Credit Help drafting a dispute for each credit bureau as needed, submitting disputes directly to the credit bureau(s) via mail and fax. Within 30-45 days the credit bureau(s) will respond to the client directly with a response to the dispute(s). The client is obligated to submit any and all credit bureau correspondence to Kaydem Credit Help within ten days of receipt, who at that time will review the responses as well as the client’s credit report to determine if additional disputing is required.
For Inquiry Removal services, this agreement shall last until all inaccurate and unverifiable inquiries have been deleted, or through the completion of two (2) dispute cycles, ordinarily a period of four (4) months.For those who have paid for twelve (12) month inquiry removal service, this agreement shall be fore twelve (12) months. One dispute cycle includes Kaydem Credit Help drafting a dispute for each credit bureau as needed, submitting disputes directly to the credit bureau(s) via mail and fax. Within 30-45 days the credit bureau(s) will respond to the client directly with a response to the dispute(s). The client is obligated to submit any and all credit bureau correspondence to Kaydem Credit Help within ten days of receipt, who at that time will review the responses as well as the client’s credit report to determine if additional disputing is required.
- CLIENT agrees as follows:
To provide KAYDEM copies of any and all correspondence received from the credit reporting agencies and to creditors supplying information to those agencies, which relates to credit report entries that are subject to challenge and verification pursuant to this agreement within ten (10) days of receipt thereof (failure to do so could result in the loss of Applicant’s satisfaction guarantee).
While this agreement is in effect, CLIENT will refrain from applying for any type of credit, including credit cards, car loans, or secured financing without written notification to, and consultation with, KAYDEM, at least seven (7) days prior to submitting the credit application.
CLIENT understands KAYDEM cannot guarantee specific results due to the fact that all results obtained are dependent on a variety of factors, some of which are outside the control of KAYDEM, including
Applicant’s ability to repay creditors, the cooperation of Applicant’s creditors, and the credit reporting agencies’ ability to verify information provided to them by Applicant. Applicant understands that KAYDEM cannot guarantee any specific FICO score increase or that any one specific item will be removed from Applicant’s report.
CLIENT/s present credit report as reported by all of the three major credit reporting agencies this will then be evaluated in order to identify potentially inaccurate, unverifiable and outdated information.
CLIENT agrees to maintain a three bureau credit monitoring service such as Credit Check Total, Score Sense or similar service for the duration of their membership with KAYDEM. Credit monitoring will be used to verify status of trade lines as well as determine strategy.
- KAYDEM guarantees satisfaction.a. On Major and Minor credit restoration services, Kaydem agrees to give a refund to our Client up until 6 months (180 days) from their start date if you are not completely satisfied for any reason, provided you follow all the instructions on the sign up form and return all correspondence you receive from the creditors and credit bureaus within ten days of receipt. CLIENT will receive the full amount of his or her enrollment fee, less a two hundred twenty five dollar ($225.00) processing fee and a one hundred fifty dollar ($150.00) fee for each credit item removed or corrected per credit bureau while CLIENT was enrolled.b. In the case of inquiry removal services, CLIENT has fourteen days to request a refund. After that time, no refunds will be honored.GRANT LIMITED POWER OF ATTORNEYCLIENT empowers KAYDEM, and its employees, and agents to perform or engage in an act on behalf of CLIENT related to inaccurate, unverifiable or outdated information covered in client’s personal credit file, including and without limitation, the right to obtain the CLIENT/S credit reports and profiles from credit reporting agencies and credit bureaus. The specific acts necessary to accomplish the purpose of this agreement shall be at the discretion of KAYDEM professional judgment. The specific acts may include written and oral communications in your name regarding disputes and negotiations with various agencies and entities disseminating credit data concerning CLIENT. The various agencies and entities include, but are not limited to, credit reporting agencies, credit bureaus, creditors and collection agencies.
CLIENT authorizes KAYDEM to order CLIENT/S consumer credit reports from time to time.
CLIENT hereby directs and authorizes KAYDEM to verify and dispute all negative credit items and those items determined by KAYDEM to potentially have a negative impact on Client’s credit. CLIENT specifically waives his or her right to privacy regarding those communications between KAYDEM and the various agencies and entities disseminating credit data regarding CLIENT. CLIENT further gives and grants KAYDEM full power and authority to do and perform every act necessary and proper in the exercise of any of the powers granted here-under as fully as CLIENT might or would do if personally present, with full power of substitution and revocation, hereby ratifying and confirming all that said attorney in fact shall lawfully do or cause to be done by virtue of hereof.
CLIENT agrees that any third party who receives a copy of this document may act under it. Revocation of the power of attorney is not effective as to a third party until the third party has actual knowledge of the revocation.
CLIENT agrees to indemnify the third party for any claims that arise against the third party because of reliance on this power of attorney.
LIMIT OF LIABILITY
CLIENT acknowledges that KAYDEM must and does adhere to the Federal Fair Credit Reporting Act and the Fair Credit Act 15 U.S.(Section 168la(f). inclusive. In performing services for its Clients, KAYDEM seeks to have the credit bureaus and others who discriminates credit information adhere to the Fair Credit Reporting Act. KAYDEM or another entity cannot guarantee or promise that the credit bureaus will remove or delete adverse information, which is accurate and not obsolete. Please be sure you clearly understand that no one, including KAYDEM or any other credit repair service can remove accurate and current information from your consumer credit profile. If upon your review of your credit report, you note that there are derogatory but accurate items on your credit report that we have to dispute. You agree that you shall promptly notify KAYDEM of this oversight so that KAYDEM can rescind that dispute. You may not make, and we may not make, on your behalf untrue or misleading statement to a consumer credit reporting agency. Any liability of KAYDEM hereunder shall be limited to the actual fees and charges paid by Client. If any part of this agreement is determined to be invalid or unenforceable pursuant to applicable law, the remainder of this agreement shall continue in effect. Notwithstanding any other provision in this or any other agreement between the parties, the provisions of this agreement shall prevail in the event of any conflict, and all non-conflicting terms and conditions contained in any other such agreement are incorporated herein by reference.
STATE & FEDERAL LAW
CONSUMER CREDIT FILE RIGHTS UNDER STATE AND FEDERAL LAW (PURSUANT TO CREDIT REPAIR ORGANIZATIONS ACT, 15 U.S.C. § 1679D) YOU HAVE THE RIGHT TO DISPUTE INACCURATE INFORMATION IN YOUR CREDIT REPORT BY CONTACTING THE CREDIT BUREAU DIRECTLY.
HOWEVER, NEITHER YOU NOR AND “CREDIT REPAIR” COMPANY OR CREDIT REPAIR 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 OBTAIN A COPY OF YOUR CREDIT REPORT FROM A CREDIT BUREAU. YOU MAY BE CHARGED A REASONABLE FEE. THERE IS NO FEE, HOWEVER, IF YOU HAVE BEEN TURNED DOWN FOR CREDIT, EMPLOYMENT, INSURANCE, OR A RENTAL DWELLING BECAUSE OF INFORMATION IN YOUR CREDIT REPORT WITHING THE PRECEDING 60 DAYS. THE CREDIT BUREAU MUST PROVIDE SOMEONE TO HELP YOU INTERPRET THE INFORMATION IN YOUR CREDIT FILE. YOU ARE ENTITLED TO RECEIVE A FREE COPY OF YOUR CREDIT REPORT 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.
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 THREE (3) BUSINESS DAYS FROM THE DATE YOU SIGNED IT. CREDIT BUREAUS ARE REQUIRED TO FOLLOW REASONABLE PROCEDURES TO ENSURE THAT THE INFORMATION THEY REPORT IS ACCURATE. HOWEVER MISTAKES MAY 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. 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.
Disclosure of Personal Information “Consumer hereby acknowledges that in providing the credit repair services called for by this contract, company has the option, at its sole discretion, to utilize (on a temporary or permanent basis) a third party fulfillment service to assist company in performing its obligations to consumer. In the event company elects to use a third party fulfillment service, consumer hereby specifically and expressly authorizes company to share with said third party service all of consumer’s credit related data, including, but not limited to, consumer’s credit report(s), credit history, personal information, online username and password to consumer’s credit monitoring service, and any other and/or additional information necessary to the performance of company’s obligations to consumer under the terms of this agreement.”
Except as otherwise disclosed to you, KAYDEM will not sell, rent or disclose your personal information to third parties without Notifying you of our intent to share the personal information in advance and giving you an opportunity to prevent your personal information from being shared.
Right to Cancel:
-PRICES & BILLING-
Please enroll me in KAYDEM Credit Repair & Restoration Service. KAYDEM will assist me in removing inaccurate, outdated or unverifiable entries on my credit report. I understand that KAYDEM will work on my credit reports for a period of either twelve (12) months or six (6) dispute cycles (whichever occurs first). If at this time KAYDEM is unsuccessful in removing 90% of your derogatory accounts, KAYDEM will dispute your negative credit items for another 6 months at no additional charge.
-CANCELLATION & REFUNDS
Theapplicant may cancel this contract without penalty or obligation at any time prior to midnight of the third (3rd) business day after it is signed by applicant. If the applicant is not satisfied after six (6) months or three (3) dispute cycles (whichever occurs first) then he/she may receive a refund of money paid. There will be a $225.00 processing fee deducted from money paid and $150.00 deducted for each account removed or corrected per credit reporting agency during the time they were involved in the credit repair process. (**See Last Page for Cancellation Request) Your signature, you acknowledges that you have read and fully understand your agreement with KAYDEM ENTERPRISES, LLC.
NOTICE OF CANCELLATION
Applicant may cancel this contract, without any penalty or obligation at any time prior to midnight of the third (3 rd) business day after this contract is signed by Applicant. **After third business day, there will be a $225.00 processing fee deducted from money paid and $150.00 deducted for each account removed or corrected per credit reporting agency during the time they were involved in the credit repair process. To cancel this contract, mail or deliver a signed/dated copy of this cancellation notice, and or any other written notice to KAYDEM LLC at: 1620 Central Ave. Ste. 202 Cheyenne, WY 82001 FAX: (866) 395-8742 before midnight on 3rd day of receipt of purchase. If the communication medium is United States Postal Service, the post mark on the envelope will be used as the date of termination.
** You need only to mail or fax this page back to KAYDEM Enterprises if you wish to cancel this agreement within 3 days of signing the above agreement.
** You can find this page under your documents section of your portal.