Legal
Your Rights & Disclosures
Before anyone signs up with us, we want them to know their rights. Here they are.
The disclosure federal law requires
The Credit Repair Organizations Act requires every credit repair company to give you the following statement, in writing and separate from any contract, before you sign. It is reproduced here as the statute sets it out. You will also receive it in your client portal before you sign your service agreement.
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 7 years old. Bankruptcy information can be reported for 10 years.
You have a 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 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 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
Source: 15 U.S.C. § 1679c(a). Today, free credit reports are also available from each nationwide bureau at AnnualCreditReport.com, and consumer complaints can be filed with the Consumer Financial Protection Bureau or the Federal Trade Commission.
Your right to cancel
You may cancel your contract with Kaironeek Financial for any reason, without penalty or obligation, before midnight of the 3rd business day after the date you sign it. Your agreement includes a notice of cancellation form. To cancel, send the form or any written notice to us by email at Kaironeekfinancial@gmail.com, or contact us at (857) 220-7818.
Payment
Under the Credit Repair Organizations Act, a credit repair organization may not charge or receive any money or other valuable consideration for any service before that service is fully performed. Your service agreement describes each service, its terms of payment and the time needed to perform it.
No guarantees
Kaironeek Financial does not guarantee that any item will be removed from your credit report or that your credit score will reach any particular level. Accurate, timely information may remain on your report for the periods allowed by law. Results depend on your individual credit file and on how credit bureaus and creditors respond.
Not legal advice
Kaironeek Financial is not a law firm and does not provide legal advice. Educational information on this website is for general purposes only. If you believe your rights were violated, you may wish to consult a licensed attorney.
State disclosures
Some states require additional disclosures, registration or bonding for credit services organizations. Any additional state-specific disclosures that apply to you are provided with your service agreement.