Whereas, we (”the Clients”) desires to retain the services of LSI Credit Inc. for the purpose of consulting the Clients' credit profiles, helping Clients to establish new credit, and help improve Clients' credit and possibly negotiate settlements on unpaid collections.

This agreement spells out the specific terms under which our company, LSI CREDIT INC., hereafter "LSI CREDIT INC." will work to remove or correct on Clients' credit reports negative items that are misleading, obsolete and/or inaccurate.  By submitting this form Clients agrees to adhere to all terms contained within this agreement.

LSI CREDIT INC. makes no express or implied promises or guarantees as to the result or outcome of its services except as outlined in this agreement.


A.                Services To be Provided By LSI Credit Inc.:

1.                  Initial Consultation And Work Plan

LSI Credit Inc. agrees to evaluate the Clients' current credit profile and will advise Clients on the necessary steps to legally dispute information that is not accurate, complete, or verifiable. The Clients understands that the removal of information from the credit bureau’s file does not necessarily relieve the financial obligation to the creditor.  After this initial consultation is complete, Clients will pay LSI Credit Inc. $500.

2.                  Scope Of Credit Services Work (“SOW”)

After the initial consultation, LSI CREDIT INC. will use federal and state law in the attempt to correct errors and other misleading information found in Clients' credit reports by challenging the credit items that Clients identifies to LSI CREDIT INC. as inaccurate, misleading, or unverifiable. When Clients receives legible copies of Clients' credit reports, Clients will send the documentation to LSI Credit Inc. 

For a 30-day period, and for 18 successive 30-day periods as specified below, LSI Credit Inc. will perform work to include the following:

  • Your own personal Client Manager who will meet with you in person.  They will give you a detailed review of your 3 Bureau Credit Report* and customize a plan to restore and build your credit using the LSI proven strategies.
  • Investigations and disputes directly with your creditors and the 3 Credit Bureaus.
  • Negotiations & Payment Arrangements for defaulted Medical Bills, past due Rent/Lease Bills, and Traffic/Court Fines.
  • Negotiations on Student Loans for lower payments/settlements.
  • Representation on stipulating Judgement and Wage Garnishments.
  • Support from our attorneys on FDCPA (Fair Debt Collection Practices Act) to review all collections for potential violations. 
  • Provide guidance for personal Financial Planning, Insurance, Budgeting, Tax-Free Retirement and Investing.
  • Debt Negotiations on verified collections.** Representation on stipulating Judgements and Wage Garnishments.
  • Your own secured online portal to track your progress.


LSI CREDIT INC. will prepare all necessary correspondence in disputes of inaccurate derogatory information on Clients' credit report.

After LSI Credit Inc. has performed this SOW for 30 days, Clients shall pay LSI Credit Inc. $249.72.  Thereafter, after each successive 30-day period during which LSI Credit Inc. continues to perform this SOW, Clients shall pay LSI Credit Inc. total of $4994.96.  This work and payments for successive 30-day periods shall continue for 18 30-day periods, or until this Agreement is terminated, whichever comes first.  Either party may terminate this Agreement at any time.  In the event Clients terminates this Agreement and LSI Credit Inc. has performed SOW for which Clients has not yet paid LSI Credit Inc., LSI Credit Inc. shall be entitled to the value of its work performed through the termination date and Clients agrees to pay LSI Credit Inc. that amount.


3.                  LSI Credit Inc.’s Warranty

After 18 successive 30-day periods of LSI’s SOW as described in Section A-2 above, for a period of lifetime, LSI Credit Inc. shall perform the following as a warranty upon its previously completed SOW:

●     Upon request by the Clients, annual review of 3B SmartCredit reports provided by the Clients;

●     Two rounds of challenges of any inaccuracies that are newly reported or re-reported after completion of the SOW with the 3 major Bureaus on all current and future negative items;

●     If any new collections are reported any time after completion of the SOW, verification of debt is included;

●     Review and approve all negotiated settlement agreements and forward to Clients for payment to be made by Clients directly to creditors;

●     Facilitate payment arrangements on medical bills and student loans;

●     Negotiations with Law Offices on any pending judgments and assist with payment arrangements;

●     Consultations on rebuilding Personal Credit;

●     Consultations on establishing and building Business Credit;


B.                 Clients Agree:

A.        To promptly notify LSI Credit Inc. of negative items within Clients' credit reports that Clients believes to be accurate or should remain as reported on Clients' credit reports. 

B.        Clients further agrees to notify LSI CREDIT INC. if Clients has not received answers from the credit bureaus within forty-five days of the date of this agreement.  Clients agrees to consult with LSI CREDIT INC. when applying for credit while LSI CREDIT INC. is assisting Clients with our services. 

C.        To mail legible copies of Clients' credit reports (if not previously provided) to LSI Credit Inc. within 5 days of obtaining them during our service. 

D.        To, during the Contract Period, promptly forward to LSI Credit Inc. copies of all correspondence that Clients receives from the credit bureaus, furnishers or others as the result of LSI Credit Inc.’s efforts on Clients' behalf, and promptly inform LSI Credit Inc of any change of address. 

E.         That Clients authorizes LSI Credit Inc. to discuss Client's case with Client's spouse. 

F.         That this Agreement constitutes the entire agreement between Clients and LSI Credit Inc. and may only be modified in writing. 

G.        That this Agreement shall be construed and interpreted under the laws of the State of Washington. 

H.        That, except as otherwise provided by law, LSI Credit Inc. and Clients agree to resolve any dispute arising out of or relating to this Agreement by binding arbitration to be held in Seattle, Washington, by a single arbitrator to be selected jointly by the parties. The arbitrator will be empowered to determine reasonable rules relating to discovery and other procedural matters, and will be guided in such determinations by the rules of the American Arbitration Association. Judgment on the arbitration may be entered in any court with jurisdiction over the subject matter of the controversy or personal jurisdiction over the judgment debtor. 

I.          That, except as otherwise provided by law, if any dispute arises between parties with respect to the matters covered by this Agreement that leads to proceedings to resolve the dispute, the prevailing party in the proceeding will be entitled to recover its reasonable attorney’s fees, expert witness fees, and out-of-pocket costs incurred in connection with the proceeding, in addition to any other relief that may be awarded.

J.          All notices pursuant to this Agreement shall be in writing, except as provided herein, and shall be hand delivered or mailed by first class mail, postage prepared to:

Serge Bagdasarov

LSI Credit Inc.

733 7th Ave Suite 202 Kirkland, WA 98033


C.                Indemnification
Clients hereby agrees to indemnify, defend and hold harmless LSI Credit Inc. and, whose credit services are provided by therein, its shareholders, officers, directors, employees, agents, affiliates, successors and assigns, from and against any and all claims, demands, losses, liabilities, damages or expenses (including attorneys' fees and costs) of any nature whatsoever incurred or suffered by LSI Credit Inc. (collectively the "Losses"), in so far as such Losses (or actions in respect thereof) arise out of, are related to, or are based on (i) any act, omission, fault, or negligence of Clients in connection with this Agreement; (ii) the breach of any representation or warranty made by Clients herein; or (iii) or any claim related to LSI’s site.


D.                Authorization for Special Power of Attorney

Clients agree to execute an authorization that grants LSI Credit Inc. the right to act on Clients' behalf to contact the credit bureaus, collection agencies, financial institutions, or banks for the purposes of investigating the information that appears on Clients' credit report. LSI Credit Inc. will thereby be authorized to sign all documents on Clients' behalf for the purposes of challenging and verifying account information to all creditors and credit bureaus, including, but not limited to, requesting credit reports, and to negotiate with Clients' creditors and collection agencies to settle any outstanding accounts Clients owes.


E.                 Right of Cancellation

We, the Clients, may cancel this contract at any time prior to midnight of the fifth day after the date of the transaction. See the attached notice of cancellation form for an explanation of this right.


Authorization Form

We have read this Service Agreement and Disclosures; we fully understand and agree to its terms and conditions. Failure of Clients to abide by this agreement may result in cancellation at the option of LSI Credit Inc. Nothing has been promised to me that is not in this agreement.