Consumer Statement

Consumer Credit Repair Statement The Credit Repair Organization Act requires credit repair companies to provide this statement, and have a copy signed by you on the record before having you sign any contract and before any credit repair agent performs repair services.

CONSUMER CREDIT FILE RIGHTS UNDER STATE AND FEDERAL LAW

”You have a right to dispute inaccurate information in your credit report by contacting the credit bureau directly. However, neither you nor any ‘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 seven years old. But can report bankruptcy information for ten years.

”You have a right to obtain a copy of your credit report from a credit bureau and 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 within 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 a 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 the 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. You should give any pertinent information, and copies of all documents you have concerning an error 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”.

Credit Repair Agreement

A. This agreement between the Royal Financial Credit Solution and the undersigned (Applicant) is for the express purpose of credit report improvement. Royal Financial Credit Solution will challenge derogatory removal of errors, misrepresentations, and/or unverifiable information, which the Applicant claims to appear on all 3 credit bureaus. This is neither a debt consolidation nor a bill payment program. Royal Financial Credit Solution agrees to act diligently in the pursuit of this matter and will carry out this agreement within all Federal and State laws.

B. The Applicant understands and agrees that they will be charged $249.00 one time setup fee and a monthly $150.00 processing fee for the following 6 months. Royal Financial Credit Solution shall dispute all errors, misrepresentation, and/or unverifiable information reported to the three credit reporting agencies (Experian, Transunion and Equifax). Royal Financial Credit Solution agrees to perform this service for the amount listed above and states that there are no additional costs unless we cannot repair the said reports within the six month time period. The Applicant understands that the credit report improvement process includes the evaluation of all three credit bureau reports and all correspondences associated with the dispute process. The applicant is aware that there are NO guarantees that we can increase your score or delete items. However, we have been able to so in most cases.

Applicant’s Obligations:

C. The Applicant agrees to promptly provide Royal Financial Credit Solution copies of all correspondences received from credit bureaus to the Royal Financial Credit Solution office within (14) days of receipt. The Applicant must notify Royal Financial Credit Solution if they have not received any credit reports or any correspondences from the credit reporting agencies forty (40) days after the last correspondence from Royal Financial Credit Solution or the credit reporting agencies. Failure to do so will cause delays in the credit improvement process and may result in additional fees. While this agreement is in effect, Applicant will not apply for any type of credit, including credit cards, car loans, or secured financing without written notification to, and consultation with, Royal Financial Credit Solution at least 10 days prior to submitting credit application. Applicant understands Royal Financial Credit Solution cannot guarantee specific results due to the fact that all results obtained are dependent on a vary of factors, some which are outside the control of Royal Financial Credit Solution , such as applicant being able to repay creditors, or credit reporting bureaus ability to verify information provided to them by applicant. Applicant must make any monthly payments on time to any accounts they may have open with balances not doing so will void contract.

By federal law, you must know that YOU CAN DO THE CREDIT RESTORATION PROCESS YOURSELF. YOU ALSO HAVE 3 DAYS TO CANCEL THIS AGREEMENT

This must be done in writing and also discontinue the consulting process. You can read and review The Fair Credit Reporting Act and the Credit Repair Organizations Act at www.ftc.gov or by writing the FTC.

D. The term of this agreement shall be for: 6 months. Applicant has 3 business days from the date this agreement is received by Royal Financial Credit Solution to cancel his/her services. To cancel please send a written notice stating name, social security number and request of cancellation. There will be no penalty for cancellation, client will receive full refund of payment made to Royal Financial Credit Solution and contract and obligations between Royal Financial Credit Solution and client will be null and void. If Client decides to cancel the process at any time after the 3 days during the term of the contract, a written request must be sent to the Royal Financial Credit Solution office. However, if the Royal Financial Credit Solution has already worked on your file and has received positive results then no refund will be granted.

Once the terms of the agreement have been completed Royal Financial Credit Solution will consult with the Client about the possibility of renewing the agreement for another six months with additional fee. Royal Financial Credit Solution may at any time end the procedure if we conclude that no further work is necessary.

E. Due to the nature of this service, I understand that individuals who assist the Royal Financial Credit Solution in this matter may view my file and its contents. Royal Financial Credit Solution and its staff will take all reasonable measures to ensure that this information will be handled in a responsible and confidential manner

F. Royal Financial Credit Solution will contact Experian, Transunion and Equifax on your behalf to request an investigation to verify negative items.

G. The Applicant declares that all disputed items are, to the best of their knowledge, incomplete, inaccurate, obsolete, unverifiable, and/or misleading. The Applicant understands that Royal Financial Credit Solution cannot guarantee the removal of items which are not incomplete, inaccurate, obsolete, unverifiable, and/or misleading. Royal Financial Credit Solution cannot obtain any specific credit score client may desire.

However we offer this guarantee: If we are unable to get a standard trade item deleted client will not be charged per item basis, unless either of the following occurs: The information you provide conflicts with information obtained from the credit agencies, (i.e. change of address, amount of late times, account not current or past due, etc.) Client must submit to Royal Financial Credit Solution copies of the final credit reports from all three major bureaus. No refunds will be issued on contracts with balances or where a partial or installment (FEE) payments have not been made. Any client who wishes to stop Royal Financial Credit Solution services outside of the 3 days cancellation period will forfeit the amount of the first payment and thereafter.

H. The Client understands that the Royal Financial Credit Solution is not responsible for any legal actions taken by creditors against the client mentioned in this contract prior, during or after our services. The Client understands the services provided are solely for disputing any information indicated above and not for any other use. The Client understands and agrees that if at the end of the six months contract, we have not received a final credit report or negotiated an extension to the agreement, then the Royal Financial Credit Solution will assume the contract has been satisfied and the Client’s file will be closed without further notice.

I. The Client understands that if at any time there is evidence of past disputes with any of the three credit reporting agencies (Equifax, Transunion and Experian); contract will be null and void due to non-disclosure by the Client and/or any person representing the Client.

J. I agree to give Power of Attorney to Royal Financial Credit Solution for the sole purpose of acquiring, requesting verification and disputing any information in regards to my credit report(s) with all three credit agencies. I further authorize and request that the agency using this information deliver a copy of documentation to me via us mail, fax or email. Creditors are hereby authorized to disclose information relative to any accounts transactions, past present or future.

K. Any controversy or claim arising out of or relating to this contract, or the breach thereof, shall be settled by arbitration administered by the American Arbitration Association under its Rules of Procedure for Arbitration by the American Health Lawyers Association. The number of arbitrators shall be one . The place of arbitration shall be South Carolina. South Carolina law shall apply. Judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.

Notice of Right to Cancel

''You may cancel this contract, without any penalty or obligation, at any time before 11:30pm EST of the 3rd day which begins after the date the contract is signed by you.

''To cancel this contract, mail or email a signed, dated copy of this cancellation notice, or any other written notice to Royal Financial, before 11:30pm EST on the 3rd day which begins after the date you have signed this contract stating ''I hereby cancel this transaction