Terms of Engagement
Governing Texas Finance & Business Code Compliance • Registered Credit Services Organization #20260126
Bright Future Financial Group operates as a registered Credit Services Organization (CSO) in the State of Texas. All engagements are subject to written contract requirements, the Texas Credit Services Organizations Act (Tex. Fin. Code Chapter 393), and the federal Credit Repair Organizations Act (15 U.S.C. § 1679 et seq.).
1. Description of Services
Bright Future Financial Group provides credit profile review, FCRA and Metro 2® reporting accuracy analysis, debt and balance positioning strategy, positive credit profile development, and underwriting readiness advisory.
We review consumer reporting from the three nationwide consumer reporting agencies (Equifax, Experian, and TransUnion) to identify potentially inaccurate, incomplete, inconsistent, or unverifiable information. We prepare customized correspondence based on individual client circumstances.
2. Explicit No-Guarantee Policy
NO GUARANTEED OUTCOMES: Bright Future Financial Group does not guarantee that any particular credit score increase will be achieved, that any specific derogatory mark will be removed, or that any loan, mortgage, credit card, or line of credit application will be approved by a third-party lender.
We do not and cannot lawfully remove accurate, timely, and verifiable information from a consumer credit report. Federal law strictly prohibits any credit services organization from advising consumers to make untrue or misleading statements to credit reporting agencies.
3. Estimated Timeframe for Performance
Credit resolution and underwriting readiness advisory typically requires a timeframe of 3 to 12 months, depending on the volume, severity, and complexity of items appearing on your credit files, as well as furnisher and bureau investigation timelines (typically 30 to 45 days per cycle under 15 U.S.C. § 1681i).
4. Membership Billing & Fee Structure
- Recovery Plan: $149.99 per month. Credit monitoring is required and billed separately through authorized providers (IdentityIQ or MyScoreIQ).
- Wealth Plan: $169.99 per month. Includes FICO® 8 credit monitoring, funding readiness assessment, and commercial lending strategy.
- No Upfront Advance Fees: In compliance with federal CROA and Texas Finance Code § 393.302, monthly membership fees are charged only for services fully performed during the preceding monthly billing cycle, or as authorized by registered surety bond.
5. Consumer's Right to Cancel (Texas & Federal Law)
You Have the Right to Cancel This Contract Without Penalty
Under Texas Finance Code § 393.201 and 15 U.S.C. § 1679e, you may cancel this contract without penalty or obligation within three (3) business days from the date on which the contract was signed. Additionally, all Bright Future memberships are month-to-month and may be canceled at any time with zero long-term commitments or termination penalties.
To cancel, submit written notification to billing@brightfuturefinancialgroup.com or via your client portal prior to your next billing date.
6. Client Responsibilities
To enable effective advisory and performance, clients agree to:
- Maintain an active credit monitoring account throughout the engagement period.
- Promptly provide legible copies of identification, proof of address, and all correspondence received from bureaus or creditors.
- Avoid opening unauthorized new credit accounts, incurring late payments, or running balances near credit limits during active optimization.
- Provide accurate, truthful, and complete financial and personal information at all times.
7. Independent Attorney Referrals & Legal Disclaimer
Bright Future Financial Group is not a law firm, bank, or lender. Our team does not provide legal advice, file lawsuits on behalf of consumers, or represent consumers in court. Where potential FCRA, FDCPA, or consumer reporting violations are identified that warrant legal evaluation, clients may be referred to independent consumer law attorneys. Any legal representation is governed solely by an independent agreement between the consumer and that attorney.
8. Governing Law & Jurisdiction
These Terms of Engagement and any dispute arising hereunder shall be governed by and construed in accordance with the laws of the State of Texas, without regard to conflict of law principles, and applicable federal laws of the United States.