Sponsored Credit Repair Agreement
Letter of Intent
This Agreement is made and entered into this by and between you (“Client”), EMPWR SOLAR (“Solar Company”), and HIGHER SCORE (“Credit Company”).
Credit monitoring is required by Client for $24.95 per month
3. Term of Agreement
After Client’s credit score is sufficient to be approved for funding, Client promises to return to EMPWR SOLAR. If Client does not return to EMPWR SOLAR, Credit Company will bill Client for the full cost of service ($3,000). If necessary, proper steps will be taken to collect the balance due which may result in negative credit reporting.
In addition, you agree that you will NOT do the following during Credit Company’s process:
Apply for new credit resulting in new inquiries unless directed by Higher Score.
Miss payments on any open and current account.
Negotiate with creditors to settle debts unless directed by Higher Score.
If any of these criteria report for two consecutive months, the Client will be removed from the sponsored program at which point one of the options below will be presented.
Client may enter a paid plan with Credit Company to continue work.
Credit Company will bill Client for full cost of service.