Credit Agency Subscription Agreement
This agreement is made
this _____ day of ___, 20__, between
______________________, herein referred to as SUBSCRIBER, and
______________________ herein referred
to as AGENCY.
The term of this
agreement shall begin on _____________________ and terminate on
_____________________, unless earlier terminated as is provided herein.
AGENCY shall provide
credit reports upon the request of
SUBSCRIBER. SUBSCRIBER warrants that all inquiries made shall be either
pursuant to written consent from the subject of the inquiry or pursuant to a
valid business reason and in conformity with all applicable laws and
regulations related to use of credit reports.
SUBSCRIBER agrees to
indemnify AGENCY against any claims made against AGENCY for providing a credit
report unlawfully to SUBSCRIBER.
SUBSCRIBER may from
time to time provide information to AGENCY.
SUBSCRIBER warrants that any information provided by it shall be true
and correct and were acquired in a lawful fashion. SUBSCRIBER shall indemnify AGENCY from any
claims related to the information provided by AGENCY. In the event that any
challenges are received to the data provided by SUBSCRIBER to agency,
SUBSCRIBER shall investigate the challenge and report the results of the
verification as soon as possible, but in any event within the time period
required by applicable credit laws.
SUBSCRIBER shall pay a
fee of $____________ (_____________________________________ & _____/100
dollars) per monthly in advance. In the event that the SUBSCRIBER fails to pay
as agreed, AGENCY shall have the right to discontinue service, or, in its
option, to accelerate payment of the remaining sums due. Any past due amounts
shall bear interest at the highest legal rate.
This agreement shall be
subject to the general terms and conditions related to the use or reporting of
credit information as published by AGENCY. AGENCY shall provide all services in
strict accordance with the applicable laws and regulations related to the
provision of commercial or consumer credit reports and will indemnify and hold
SUBSCRIBER harmless from any claims related to the performance by AGENCY of
reports.
AGENCY may terminate
this agreement at any time, if in its sole discretion SUBSCRIBER is or is about
to fail to comply with the general terms and conditions relating to the use or
reporting of credit reports, or laws or regulations related to the same.
This is the entire
agreement between the parties and only a writing executed by both parties
hereto may alter this agreement.
Dated:
___________________
For ______________________:
_____________________________________
By Agency
For
______________________:
_____________________________________
By Customer
Credit Agency Subscription Agreement
Review List
This review list is provided to inform you about this
document in question and assist you in its preparation. Many service providers have their own
agreements which usually are more onerous than the ones we provide for your use
and modification. Since you are the
customer, if that is your role in this transaction, then you can decide to use
your own agreement. If you are the
service provider, you can adapt this agreement to many other purposes.
1. Make multiple copies. Give a signed copy to each party.
0 comments:
Post a Comment