You have contracted Pegasus Credit Repair, LLC (Pegasus) to repair your credit. Pegasus will utilize all applicable remedies permissible by law in challenging items on your credit report which have been identified as inaccurate or questionable.
In consideration of Pegasus's credit repair services you agree to the following:
1) You agree to initially provide Pegasus with legible current copies of all three credit bureau reports and the personal identification needed for our process.
2) You agree to cooperate with Pegasus in the review of your credit history and the identification of all inaccurate or questionable items on your credit reports.
3) You agree to pay Pegasus the onetime fee of $99 (or $148 if you sign up with your spouse) and a monthly fee of $69 (or $99 if you sign up with your spouse) for the duration of the 6 month program. Pegasus Credit guarantees that you will NOT be charged for any services not performed. Client agrees that the monthly installments will be electronically debited from his or her checking account as indicated on included form. The Client understands that the total cost of services to Client will not exceed $444 for an individual Client and $643 for Clients enrolling together. Pegasus guarantees that you will NOT be charged for any services not performed. Client agrees that the monthly installments will be electronically debited from his or her checking account as indicated on included form.
5) You agree to grant Pegasus permission to withdraw funds for work performed from your credit card or bank account via the PayPal or Google Checkout secured transaction page.
6) You agree to provide Pegasus with legible copies of all updated credit reports and correspondence which you receive from the credit bureaus during the span of the contract.
7) The Client understands that Pegasus Credit Repair guarantees that it will perform all of its Client services in a time frame not to exceed 180 days.
8) The Client understands that he or she should forward all correspondence (credit reports, response letters, etc) to Pegasus as soon as possible after receiving.
9) You agree to promptly notify Pegasus of any change of your name, address and/or marital status.
10) The Client understands that due to the nature of the services provided, representatives of Pegasus will review your credit file for providing accurate service. We understand the importance of your privacy and Pegasus agrees to take measures to limit the access to such information accordingly.
Our program includes a comprehensive analysis of your credit report and the systematic dispute of all questionable and erroneous items contained in your credit reports. Pegasus will prepare and send letters to the credit bureaus, creditors, and collectors, as deemed appropriate, on your behalf and in your name. On an ongoing basis we will monitor the results, continue our efforts, and consult with you as needed.
You, the buyer, may cancel this contract without penalty or obligation at any time before midnight of the third business day after the date on which you signed the contract. See the attached notice of cancellation form for an explanation of this right.
ELECTRONIC SIGNATURE
By checking the box on our application form that states: "By checking this box and providing my Social Security Number I certify that I am at least 19 years of age, acknowledge that I have read the legally required statements, and give my electronic signature and limited power of attorney to Pegasus to perform work on my behalf" you are representing and agreeing that you accept all terms and conditions as if you had physically provided your signature.
LIMITED POWER OF ATTORNEY
I hereby retain Pegasus Credit Repair, LLC as my true and lawful attorney in fact, with full power and authority to represent me in regard to:
A. The direct negotiation with financial institutions, credit agencies, credit bureaus, creditors, collection agencies, and legal representatives thereof.
B. The acquisition of relevant records and other documents from any of the aforementioned entities.
C. The disputation of any information recorded or published by any of the aforementioned entities on the basis of accuracy, timeliness, or verifiability.
D. The creation and signing on my behalf, and in my name, of all documents necessary to correspond with any of the aforementioned entities.
E. The engagement of other legal counsel to assist Pegasus Credit Repair, LLC. However, no additional fees will be charged to the client unless agreed to by client with a separate written retainer agreement.
You may cancel your electronic authorization and your Limited Power of Attorney at anytime by sending Pegasus an e-mail stating that you retract your electronic authorization. Without this electronic authorization and Limited Power of Attorney, Pegasus is unable to represent you, and canceling it will terminate this Agreement.
Our Contact Information:
Pegasus Credit Repair
106 N. Denton Tap Rd, Ste 210-193
Coppell, Texas 75019
INFORMATION STATEMENT
Our onetime fee for an individual is $99 and $69 a month thereafter. If you sign up with a spouse, that onetime fee is $148 and $99 a month thereafter.
Our program includes a comprehensive analysis of your credit report and the systematic dispute of all questionable and erroneous items contained in your credit reports. Pegasus will prepare and send letters to the credit bureaus, creditors, and collectors, as deemed appropriate, on your behalf and in your name. On an ongoing basis we will monitor the results, continue our efforts, and consult with you as needed.
Non-Profit Credit Counseling Services Notification
Consumers should be aware that non-profit credit counseling services are available which provide a range of financial and money management services. Additional information is available at the Federal Trade Commission website.
