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. Archer's Financial
does not claim to remove accurate information from any credit
report. 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 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.
Limited
Power of Attorney Disclosure. Be it known that I, the undersigned,
am the individual and by submitting this form hereby grant
a limited power of attorney to Archer's Financial,
and any and all persons in there employ, as my agent, to
have the necessary power and authority to undertake and
perform the following on my behalf. I hereby give permission
to Archer's Financial
to sign my name on all documents written on my behalf as
my agent for the purpose of disputing inaccurate, erroneous,
and obsolete credit information held on my report by consumer
credit reporting agencies. This "limited power of attorney"
is given to
Archer's Financial
in compliance with section 611 of the Federal
Fair Credit Reporting Act.
Please
review the information you have entered for accuracy and
completeness.