INFORMATION STATEMENT REQUIRED BY STATE LAW
Right to Review File: You have the right to review any file on you that is maintained by any credit reporting agency, as provided under 15 U.S.C. Sec. 1681 et seq., as amended, the Fair Credit Reporting Act.
Right to Obtain a Free Copy of Your File: A review of the file on you will be conducted free of charge by the credit reporting agency that issued a report upon which a credit denial was based, if requested within 30 days of you receiving a notice of a denial of credit.
Approximate Price of Your File: If you are not otherwise entitled to a free credit report, the three credit bureaus, Transunion, Experian, and Equifax offer varying prices for your consumer report. They can range from $9.95 to $21.95. Sometimes other agencies will also offer free credit reports in addition to the one free credit report available at www.annualcreditreport.com.
Right to Dispute Inaccurate or Incomplete Information: You have the right to dispute the completeness or accuracy of any item contained in any file on you that is maintained by any credit reporting agency.
Description of Services:
A. Bureaus. The term “Bureaus” shall mean, collectively or individually, the major credit bureaus (TransUnion, Equifax, and Experian).
B. Credit Repair Communications. The term “Credit Repair Communications” shall mean written or electronic communications to Bureaus and/or Furnishers. Credit Repair Communications will be sent in accordance with your instructions and information as well as with Wiltz Law’s analysis of your credit reports.
C. Furnishers. The term “Furnishers” shall mean one or more credit report information furnishers (for example, creditors, debt collectors, and banks).
D. Representation. The term “Representation” shall mean the complete understanding between you and Wiltz Law pursuant to your contract with Wiltz Law.
E. Service Interval. The term “Service Interval” shall mean 5-15 days after the date of your contract with Wiltz Law, and monthly thereafter or the date Representation ends, if earlier.
F. Service Interval Trimester. The term “Service Interval Trimester” shall mean four consecutive Service Intervals.
Wiltz Law performs one or more of the following services before you pay: enters your personal data and one or more credit reports into its secure database; provides you with a login to access your case online and to access certain informative content Wiltz Law offers its clients; collects information and instructions from you regarding your particular circumstances and how you wish to proceed; analyzes your case; and prepares and sends one or more Credit Repair Communications on your behalf.
Subsequently, Wiltz Law typically performs one or more of the following ongoing and periodic services as appropriate in its judgment and discretion: receives and reviews Bureau and Furnisher correspondence sent to us directly or by you; collects and reviews updated information and instructions from you regarding your circumstances, goals, and case; monitors and analyzes your case; provides you with status updates regarding your case; and prepares and sends one or more additional Credit Repair Communications on your behalf.
Wiltz Law cannot guarantee and you are not paying for a particular credit report outcome or result; you are paying only for Wiltz Law’s efforts on your behalf. The Bureaus or Furnishers may not respond to initial or subsequent Credit Repair Communications and ultimately may decide not to remove items from your consumer credit files despite Wiltz Law’s efforts.
Wiltz Law’s Representation is designed to assist you in your efforts to ensure that your credit reports fairly and accurately reflect your credit history, and to provide you with valuable guidance as you continue to manage your credit. In order to meet your precise needs, Wiltz Law offers the following service levels that may assist you in your efforts to stay on track. Regardless of the service level, Wiltz Law uses its judgment and discretion to determine the content, number and frequency of the Credit Repair Communications. Credit Repair Communications may be sent to Bureaus and/or Furnishers up to two (2) weeks after you choose to end Representation (due to variations in transit time and the period required to process a request to cancel Representation). Your contract with Wiltz Law is only for the services listed below:
A. Credit Repair Service Levels
• The Tier 1 service level will assist you in requesting that Bureaus and Furnishers demonstrate their compliance with various laws governing fair, accurate, and substantiated consumer credit reporting.
• Based upon its analysis of your credit reports and the information and instructions you provide, Wiltz Law will prepare and send Credit Repair Communications to Bureaus and up to three Credit Repair Communications to Furnishers during a Service Interval on your behalf and in your name to verify and/or challenge the accuracy of your credit reports.
• Provide personalized analyses of factors impacting credit scoring. Wiltz Law will provide at least one credit score improvement analysis during a Service Interval.
Clients who engage the Tier 1 service level for the following example number(s) of specified Service Intervals have the following average number of Credit Repair Communications sent to Bureaus and Furnishers: (a) 1 Service Interval – 1 to 2 Credit Repair Communications; (b) 2 Service Intervals – 2 to 4 Credit Repair Communications; (c) 4 Service Intervals – 4 to 8 Credit Repair Communications; (d) 6 Service Intervals – 6 to 12 Credit Repair Communications; (e) 8 Service Intervals – 8 to 16 Credit Repair Communications; (f) 10 Service Intervals – 10 to 20 Credit Repair Communications; (g) 12 Service Intervals – 12 to 24 Credit Repair Communications.
B. Aftercare Service Levels
• The Maintenance Pro service level is designed for clients with few remaining credit report items requiring Wiltz Law’s attention.
• This service level will provide the same services as Tier 1 Premier; however, the Credit Repair Communications sent on your behalf and in your name will be performed less frequently:
• Wiltz Law will send up to one Credit Repair Communication to Furnishers during a Service Interval, and up to three Credit Repair Communications to Bureaus during a Service Interval Trimester. Wiltz Law will also provide one to three credit score improvement analyses during a Service Interval Trimester.
Clients who engage the Tier 1 service level for the following example number(s) of specified Service Intervals pay Wiltz Law the following total amounts: (a) 1 Service Interval – $129.95; (b) 2 Service Intervals – $259.90; (c) 4 Service Intervals – $519.80; (d) 6 Service Intervals – $779.70; (e) 8 Service Intervals – $1039.60; (f) 10 Service Intervals – $1299.50; (g) 12 Service Intervals – $1559.40.
I acknowledge that I have received and have had an opportunity to review a copy of the above written statement.