Business References Payment Method (Please include a copy of a by tamir13

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									Company Information
 Business Name (End-User)

 Street Address                                                   City                            State   Zip


 SSN or Federal Id Number                                         Year Business was Established

 Main Contact                                     Title                               Business Phone

 Email Address & Web Site:                                                           Business Fax



Business References
 Business Reference (Name/Company/Title)                                                Contact Number

 Business Reference (Name/Company/Title)                                                Contact Number

 Business Reference (Name/Company/Title)                                                Contact Number



Payment Method (Please include a copy of a voided business check or
complete the information below)
Checking Account Information
 Bank Name                                                                              ABA # (attach copy of check)

 Street Address                            City           State     Zip                 Phone Number


 Name on Account                                                                        Account #




   1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349
Permissible Purpose/Compliance Information

Please indicate (1) your company’s business & (2) your intended use of credit reports and related products and services from 700Credit:

  _______________________________________________________________________________________________________________________


  _______________________________________________________________________________________________________________________


Please indicate which of the following best describes your intended use of credit reports and related products and services from 700Credit:


  □      Related to transaction involving credit extension, account review or account collection with respect to subject consumer.

  □      Related to a business transaction involving subject consumer. (USER WILL IDENTIFY SPECIFIC BUSINESS PURPOSE EACH TIME A
       REQUEST IS MADE UNDER THIS CATEGORY, AND REPORT THIS INFORMATION THROUGH 700CREDIT AT POINT OF ACCESS).

  □      Employment purpose (USER WILL IDENTIFY TO 700CREDIT EACH TIME A REPORT IS REQUESTED FOR THIS PURPOSE).



Bona Fide Business Verification
One of the following must be attached:
  □    Copy of Business License                         □    Articles of Incorporation                        □    Corporation verification with state or
                                                                                                                   federal government
  □    Sales tax records                                □    State and/or Federal tax records


Attachment Information
Each of the following must be attached:
  □    Advertising Material or Business Card            □    Copy of Business Check




  1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349
                                                          Service Agreement
This service agreement (“Agreement”) is entered into as of the date written below between 700Credit, Inc. dba 700Credit &
ScreeningOne ("700Credit"), and _______________________________________________________________ (“Client”).

Client and 700Credit agree to the following terms:

1. Pricing: Set forth on the attached price list.

2. Client is familiar with the requirements of the Fair Credit Reporting Act (“FCRA”), including the provisions set forth herein, as
well as applicable state and federal laws, and Client agrees to comply with all requirements of the FCRA in connection with ordering
and using credit reports and related products and services (“credit reports”). Client agrees that it is solely responsible for its FCRA
compliance. Client acknowledges that it has received and read the “FCRA acknowledgement and Access Security Requirements”
documents provided by 700Credit.

3. Client will order credit reports and related products and services for its exclusive use only, solely for permissible purposes as
defined by federal and state law. Client certifies that it will be the end user of all credit reports and agrees that it will hold all
information strictly confidential, and will not copy, sell or transfer any such information to any third party. Client agrees to implement
appropriate procedures so that only employees with adequate training regarding the requirements of the FCRA and federal and state
law have access to the credit reports.

4. Client will obtain a signed authorization from each person on whom credit report is ordered (the “Subject”), prior to ordering a
credit report on such Subject, and will maintain the authorization on file for audit and inspection. This requires Client to maintain a
clear copy of photographic identification of each Subject along with the authorization for three years. During this period, Client will
provide 700Credit with a copy of such authorization, or the original, as may be requested by 700Credit or its authorized
representatives. Client agrees that 700Credit, upon reasonable notice, may conduct audits to ensure Client’s compliance with the
FCRA and applicable federal and state law and requirements of this Agreement, and Client agrees to provide reasonable cooperation
with 700Credit in connection with such audits.

5. Client certifies that it has a permissible purpose for obtaining a credit report, as defined by Section 604 of the federal Fair Credit
Reporting Act (15 USC 1681) as amended by the Consumer Credit Reporting Reform Act of 1996 (the “FCRA”), as follows:

           ( ) AUTOMOTIVE: Client is an automotive dealer and credit is reviewed in connection with a credit transaction
           involving the consumer on whom the information is to be furnished, and involving the extension of credit to, or review or
           collection of an account of the consumer.

           ( ) TENANT SCREENING: Client is a ( ) property management company and/or ( ) property owner and has a need
           for consumer credit information in connection with the evaluation of individuals for tenant screening.

           ( ) EMPLOYMENT SCREENING: Client is a Employer and has a need for consumer credit information in connection
           with the evaluation of individuals for employment, promotion, re-assignment, or retention as an employee (consumer
           report for employment purposes).

           ( ) POWERSPORT, RV & BOAT: Client is a power sport, RV and/or boat dealer and credit is reviewed in connection
           with a credit transaction involving the consumer on whom the information is to be furnished, and involving the extension
           of credit to, or review or collection of an account of the consumer.

           ( ) OTHER: Client is a _____________________________ and credit is pulled in connection with a credit transaction
           involving the consumer on whom the information is to be furnished, and involving the extension of credit to, or review or
           collection of an account of the consumer.

6. Client certifies that it will request credit reports only for the permissible purpose certified above, and will use the reports obtained
for no other purpose.

7. Credit reports on employees will be requested only by the Client’s designated representatives. Employees will be forbidden to
attempt to obtain reports on themselves, associates, or any other person except in the exercise of their official duties and in compliance
with the law.

8. THE FCRA PROVIDES THAT ANY PERSON WHO KNOWINGLY AND WILLFULLY OBTAINS
INFORMATION ON A CONSUMER FROM A CONSUMER REPORTING AGENCY UNDER FALSE PRETENSES SHALL BE
FINED UNDER FEDERAL LAW INCLUDING TITLE 18, OR IMPRISONED NOT MORE THAN TWO YEARS, OR BOTH.

9. Client’s account is delinquent if not paid in full within 30 days from the date of the invoice. Client is responsible for a finance
charge of 10 percent per annum (or the highest rate allowable by law) on all delinquent amounts until paid.




     1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349
10. Client shall pay to 700Credit reasonable attorneys’ fees and costs incurred by 700Credit in collecting a delinquent account, or to
otherwise enforce the terms of this agreement, including permissible purpose compliance, whether or not litigation is instituted. In the
event of any litigation or other action involving this Agreement, the prevailing party shall be paid reasonable attorneys’ fees and costs.

11. This Agreement contains the entire understanding and agreement between 700Credit and the Client and no other representations,
covenants, undertakings or other prior or contemporaneous agreements, oral or written, respecting such matters, which are not
specifically incorporated herein, shall be deemed in any way to exist or bind 700Credit or the Client. 700Credit and the Client
acknowledge that they have not executed this agreement in reliance on any such promise, representation or warranty. This Agreement
shall not be modified by any oral representation made before or after the execution of this agreement. All modifications must be in
writing and signed by both 700Credit and the Client.

12. Client agrees to use 700Credit as its sole and exclusive provider of credit reports and related products and services for a
minimum term of twelve (12) months. This agreement shall automatically renew for additional periods of twelve (12) months each,
unless either party gives written notice to the other party at least 60 days in advance. This notice must be received by 700Credit via
certified mail, fax or e-mail. In the event of an agreed upon trial period, which agreement shall be in writing, the trial period shall
begin from the date that the Client runs its first credit report through 700Credit.

13. Client shall indemnify and hold harmless 700Credit, and each of its affiliated persons and entities, from and against any and all
liability, losses, claims, damages, and expenses, including, but not limited to, attorneys’ fees and court costs, arising from or in any
way connected with any breach or claimed breach of the terms of this Agreement by Client or any third person, including any
representation, warranty, covenant, or agreement herein including, without limitation, any improper publication or disclosure or other
misuse of a credit report or information by Client or any third person or entity.

14. This Agreement and the covenants and conditions contained herein shall apply to, be binding upon and transfer to the benefit of
the administrators, executors, legal representatives, assignees, successors, agents and assigns of 700Credit and Client. This
Agreement shall be governed by and construed in accordance with California law.

15. The pricing set forth in this Agreement (including the attached pricing list) is based on the pricing agreement for credit reports
and/or related products and services presently in place between 700Credit and the credit repositories (the "Repositories"), and/or their
authorized brokers/resellers. Accordingly, notwithstanding any other term in this agreement, 700Credit’s provision of credit reports
and/or related products and services to Client may be terminated immediately if the Repositories terminate 700Credit's ability to
provide credit reporting services. In the event that the Repositories increase the price of credit reports and/or related products and
services to 700Credit, 700Credit, at its option, may pass on the price increase to the Client, or terminate the provision of credit reports
and/or related products and services to Client.

16. In the event that Client fails to pay any invoice when due, Client hereby grants to 700Credit and/or its affiliated agents or
companies the right to receive direct payment for all amounts due directly from Client’s checking or credit accounts. Client hereby
grants 700Credit a power of attorney, coupled with an interest, such that 700Credit can instruct checking and credit accounts to pay
invoices due.

17. Client must conform to the SUBSCRIBER CERTIFICATION OF COMPLANCE pursuant to California Civil Code section
1785.14 (a).
         Please check the appropriate box:
         Client (is) (is not) a retail seller, as defined in Section 1802.3 of the California Civil Code (“Retail Seller”) and issues credit
         to consumers who appear in person on the basis of applications for credit submitted in person (“Point of Sale”).


18.        Client agrees to each of the forgoing terms. By signing below, the following person declares and attests under the laws of
the United States that the foregoing, and the information and documents provided with the application, are true and correct.

Name (Printed): ____________________________                Position: __________________________

Signature: _________________________________                Date: _____________________________




     1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349
                                      EXPERIAN FICO AGREEMENT

I understand and agree to the following terms and conditions regarding the use of credit scores and
                    reason codes obtained through 700 Credit and Experian.


   1.   Notwithstanding any contrary provision of this End User Agreement, End User may disclose the Scores
        provided to End User under this End User Agreement to credit applicants, when accompanied by the
        corresponding reason codes, in the context of bona fide lending transactions and decision only.
   2.   Client agrees to comply with all applicable laws and regulations using the scores and reason codes purchased
        from Broker and certifies that it has permissible purpose under the Fair Credit Reporting Act to obtain said
        score information. Client agrees to limit its use of the scores and reason codes to its own business and will
        not sell, transfer, license or distribute said scores to third parties. Client agrees to maintain security
        procedures to minimize the risk of disclosure of said scores to employees without the need to know.
   3.   Client and its employees, agents or subcontractors will not use any of the trademarks, service marks, logos,
        names, or any other proprietary designations, whether registered or unregistered, of Experian information
        Solutions, Inc. or Fair Isaac and Company or the affiliates of either of them, or of any other party involved in
        the provision of the Experian/Fair Isaac Model without such entity’s prior written consent.
   4.   Client will not in any manner, directly or indirectly, to discover or reverse engineer any confidential and
        proprietary criteria developed or used by Experian/Fair Isaac in performing the Experian/fair Isaac Model.
   5.   Client agrees that in the event of any payment that may be awarded to client for incidental, indirect, special or
        consequential damages is limited to lesser of the fees paid by 700 Credit to Experian or the fees paid by client
        to 700 Credit for the Fair Isaac scores for the preceding 6 months of service.
   6.   Warranty-Experian/Fair Issac warrants that the Experian/Fair Isaac Model is empirically derived and
        demonstrably and statistically sound and that to the extent the population to which the Experian/Fair Isaac
        Model is applied is similar to the population sample on which Experian/Fair Isaac Model was developed, the
        Experian/Fair Isaac Model score may be relied upon Broker and/or end Users to rank consumers in the order
        of risk of unsatisfactory payment such consumers might present to End Users. Experian/ Fair Isaac further
        warrants that so long as it provides the Experian/ Fair Isaac Model, it will comply with regulations
        promulgated from time pursuant to the Equal Credit Opportunity Act, 15 USC Section 1691 et.seq. The
        forgoing warranties are the only warranties Experian/Fair Isaac have given Broker and/or End Users with
        respect to the Experian/Fair Isaac Model and such warranties are in lieu of all other warranties, express or
        implied, Experian/Fair Isaac might have given Broker and or end Users with respect thereto, including, for
        example, warranties of merchantability and fitness for a particular purpose. Broker and each respective End
        User’s rights under the foregoing Warranty are expressly conditioned upon each respective End User’s
        periodic revalidation of the Experian/Fair Issac Model in compliance with the requirements of Regulation B
        as it may be amended from time to time (12 CFR section 202 et seq.).




Subscriber:__________________                               By:_________________________



Date:_______________________                                Title:_______________________




   1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349
                                            TRANSUNION ADDENDUM A

1.       Reseller (700 Credit) has access to consumer reports from one or more consumer credit reporting agencies.

2.       Subscriber is a _________________________ and has a permissible purpose for obtaining
         consumer reports, as defined by Section 604 of the Federal Fair Credit Reporting Act (15 USC
         1681b) as amended by the Consumer Credit Reporting Reform Act of 1996, hereinafter called
         “FCRA.” The subscriber certifies their permissible purpose as:
                 a.       In connection with a credit transaction involving the consumer on whom the
                          information is to be furnished and involving the extension of credit to, or review
                          or collection of an account of the consumer; or
                 b.       In connection with the underwriting of insurance involving the consumer or
                          review of existing policy holders for insurance underwriting purposes, or in
                          connection with an insurance claim where written permission of the consumer
                          has been obtained; or
                 c.       In connection with a tenant screen application involving the consumer; or
                 d.       In accordance with the written instructions of the consumer; or
                 e.       For a legitimate business need in connection with a business transaction that is
                          initiated by the consumer; or
                 f.       As a potential investor, servicer or current insurer in connection with a valuation
                          of, or assessment of, the credit or prepayment risks.

3.       Subscriber certifies that it will request consumer reports pursuant to procedures prescribed by
         Reseller from time to time only for the permissible purpose certified above, and will use the
         reports obtained for no other purpose.

4.       Subscriber will maintain copies of all written authorizations for a minimum of three (3) years
         from the date of inquiry.

5.       THE FCRA PROVIDES THAT ANY PERSON WHO KNOWINGLY AND WILLFULLY
         OBTAINS INFORMATION ON A CONSUMER FROM A CONSUMER REPORTING
         AGENCY UNDER FALSE PRETENSES SHALL BE FINED UNDER TITLE 18, OR
         IMPRISONED NOT MORE THAN TWO YEARS, OR BOTH.

6.       Subscriber agrees that it shall use Consumer Report only for a one-time use, and to hold the
         report in strict confidence, and not to disclose it to any third parties; provided, however, that
         Subscriber may, but is not required to, disclose the report to the subject of the report only in
         connection with an adverse action based on the report.

7.       With just cause, such as delinquency or violation of the terms of this contract or a legal
         requirement, Reseller may, upon its election, discontinue serving the Subscriber and cancel this
         Agreement immediately.

                                                                          For 700 Credit
           Company Name


           Signature                           Title                      Signature                             Title




     1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349
Price List
A Nationwide leading provider of credit reports and related consumer information products and services

1001 Hermosa Avenue, Suite 206                                                                 DATE:
Hermosa Beach, CA 90254                                                                        INVOICE #
Phone (310) 406-8689 Fax (310) 406-8349


Company:                                                          For:
                                                                  Detailed summary of product pricing.
Contact:                                                          This is not a bill.




                                  700CREDIT PRODUCTS                                                       PRICE
 Account Setup                                                                                                waived
 Monthly Minimum                                                                                              waived
 On-site inspection                                                                                           waived




 Credit Report Experian
 Credit Score
 OFAC


 Credit Report Trans Union
 Credit Score
 Credit Summary
                                   ANCILLARY PRODUCTS
 All Ancillary Products available upon request




                                              Initials:__________Date:_________________________.


    1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349
                                   EMPLOYMENT ADDENDUM



In compliance with the Federal Fair Credit Reporting Act as amended by the Consumer Credit
Reporting Reform Act of 1996 (the “Act”),                                                (“End
User”) hereby certifies to Consumer Reporting Agency that it will comply with the following
provisions:

1.        End User will ensure that prior to procurement or causing the procurement of a consumer
          report for employment purposes (an Employment Insight Report):

          a)      a clear and conspicuous disclosure has been made in writing to the consumer at
                  any time before the report is procured or caused to be procured, in a document
                  that consists solely of the disclosure, that a consumer report may be obtained for
                  employment purposes; and

          b)      the consumer has authorized in writing the procurement of the report by the End
                  User.

2.        In using a consumer report for employment purposes, before taking any adverse action
          based in whole or in part on the report, the End User shall provide to the consumer to
          whom the report relates

          a)      a copy of the report; and

          b)      a description in writing of the rights of the consumer under the Act, a copy of
                  which is attached hereto (“Summary of Consumer Rights”).

The information from the consumer report will not be used in violation of any applicable federal
or state equal employment opportunity law or regulation.

End User hereby acknowledges receipt of the Summary of Consumer Rights.




(Name of End User)


(Signature)


(Title)


(Date)




     1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349
                        FCRA Acknowledgment
                                  Federal Fair Credit
                       Reporting Act (FCRA-Public Law 91-508)


Although this amendment to the Consumer Credit Protection Act primarily regulates the
operations of consumer reporting agencies, it also affects you, our subscriber. We require that
you and your employees become familiar with the following sections:


&604 Permissible Purpose of Reports
&607 Obligations of Resellers
&615 Requirements on Users of Consumer Reports
&619 Obtaining Information Under False Pretenses
&623 Responsibilities of Furnishers & Obligations of Users of Consumer Reports

All three (3) sections are of direct consequence to users who obtain reports on consumers.

700Credit strongly endorses the letter and spirit of the Federal Fair Credit Reporting Act. We
believe that this law and similar state laws recognize and preserve the delicate balance between
the rights of the consumer and the legitimate needs of commerce.


In addition to the Federal Fair Credit Reporting Act, other federal and state laws addressing such
opics as computer crime and unauthorized access to protected databases have also been
enacted. As a prospective user of consumer reports, we require that you and your staff become
fully familiar with all relevant federal statutes of the states in which you operate.




   1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349
                          ACCESS SECURITY REQUIREMENTS

We must work together to protect the privacy of consumers. The following measures are designed to
reduce unauthorized access of consumer credit reports. In signing the 700Credit Membership Agreement,
you agree to follow these measures:

   1. You must protect 700Credit account number and password so that only key personnel know this
      sensitive information. Unauthorized persons should never have knowledge of your password. Do
      not post the information in any manner within your facility.

   2. System access software, whether developed by your company or purchased from a third party
      vendor, must have your 700Credit account number and password “hidden” or embedded and be
      known only by supervisory personnel. Assign each user of your system access software a unique
      logon password.

   3. Do not discuss your 700Credit account number and passwords by telephone with any unknown
      caller, even if the caller claims to be an employee of 700Credit.

   4. Restrict the ability to obtain credit information to a few key personnel.

   5. Place all terminal devices used to obtain credit information in a secure location within your facility.
      You should secure these devices so that unauthorized persons cannot easily access them.

   6. After normal business hours, be sure to turn off and lock all devices or systems used to obtain
      credit information.

   7. Secure hard copies and electronic files of consumer reports within your facility so that
      unauthorized persons cannot easily access them.

   8. Shred or destroy all hard copy consumer reports when no longer needed.

   9. Erase or scramble electronic files containing consumer information when no longer needed and
      when applicable regulation(s) permit destruction.

   10. Make all employees aware that your company can access credit information only for the
       permissible purposes listed in the permissible purpose information section of your membership
       application. Your employees may not access their own report or the report of a family member or
       friend if your company does not have permissible purpose.

 Record Retention: It is important that you keep credit applications for a reasonable period of
 time. This will help to facilitate the investigative process if a consumer claims that your company
 inappropriately accessed their credit report. (Note: The Federal Equal Credit Opportunity Act
 states that a creditor must preserve all written or Recorded information connected with an
 application for 25 month.)

 “Under Section 621 (a) (2) (A) of the FCRA, any person that violates any of the provisions of the
 FCRA may be liable for a civil penalty of not more than $2,500 per violation.”




     1001 Hermosa Ave. 206 Hermosa Beach, Ca 90254 ph (310) 406-8689 fax (310) 406-8349

								
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