User Agreement

This agreement is intended to be a binding contract by and between IamSabena and the undersigned client (hereinafter “Client”). By signing this agreement, Client certifies that he/she is at least 18 years of age, that the information he/she has provided to IamSabena is true and complete, that he/she is legally authorized to enter into this agreement and authorize the actions of IamSabena as set forth herein, and that he/she will not use any of the services of IamSabena or any information provided by IamSabena for any unlawful purpose.

 

DEFINITION OF TRADELINE   The term “tradeline” technically refers to the line-item for a credit account on a credit bureau report.  As used throughout this agreement, however, the term refers more generally to a line of revolving credit, such as a credit card, which forms the basis of the credit bureau report tradeline.  The act of adding Client to another person’s tradeline consists of adding Client as an “Authorized User” on that person’s line of credit, resulting in the tradeline also appearing on Client’s credit bureau report.

 

SERVICES PROVIDED   IamSabena agrees to identify one or more tradelines (as indicated in the “Tradeline Order” clause below) on behalf of Client and perform all functions necessary to have Client added to those tradelines as an “Authorized User” before the date of the first billing statement following the date of this agreement for each tradeline. It is understood and agreed by both parties that Client will maintain “Authorized User” status on those tradelines for two (2) billing/posting cycles for each tradeline after being added thereto, after which he/she will be removed therefrom. Accordingly, it is the understanding and intent of the parties that Client will maintain “Authorized User” status on each tradeline for two billing statement dates, and that Client will receive two consecutive postings of each tradeline to his/her credit bureau report and this “Authorized User” status shall be reported by one (1) or more credit bureaus. The parties further understand and agree that Client will only be added to tradelines with the full advance knowledge, consent and participation of the primary account holder of the account to which that tradeline pertains.  IamSabena shall coordinate with Credit Partners to ensure the authorized user is added to the tradeline within two (2) business days, excluding weekends and bank holidays.  Credit Partners shall maintain low balances on their tradelines (15% or less of the total tradeline) and shall keep the accounts in good standing with on time payments.


FEES  Client agrees to pay, and IamSabena agrees to accept as compensation, the non-refundable fee specified in the “Tradeline Order” clause below. Client understands and agrees that this fee is to be paid in full prior to the commencement of any work or delivery of any services by IamSabena. Client understands and agrees that no work will be performed by IamSabena until it has received the entire fee, and that all fee payments received are to be considered earned upon receipt and non-refundable. Consequently, Client agrees that any partial fee payments received will not be refunded to Client in the event Client fails to pay the remainder of the fee, although Client will retain the right to pay the remainder of the fee and receive the services of IamSabena for up to one year from the date of this agreement. Client further understands and agrees that after one year from the date of this agreement, any partial fees paid by Client shall be forfeited to IamSabena. Client further agrees that in the event any method of payment is returned or declined for any reason, IamSabena may remove that Client from any tradeline to which that Client has been added until such time as that payment has been replaced with good funds.

 

PROOF OF NON-PERFORMANCE The parties agree that in the event Client’s authorized user status has not posted to One (1) of the credit bureaus in accordance with the “Services Provided” clause above within seven (7) days of our estimated reporting date( except for the tradelines that take up to two reporting periods to report), IamSabena shall refund the Client’s fees to him/her within seven (7) days of the date it receives written proof from the Client of IamSabena non-performance, provided such written proof is received by IamSabena by email or fax within twenty one (21) days of the date by which Client should have been added to the specified tradeline as set forth in the “Services Provided” clause above. The refund instructions and procedure is as follows:

 

 If you purchased your tradeline before the Purchase By Date and it does not post within the guaranteed reporting period, and is not one of the tradelines that can take up to “two” reporting cycles to report, you can request a refund.

 Once it has been at least 7 days past the estimated reporting date please create a free CreditKarma.com account and confirm the following:

  1. Confirm that your credit report has been updated after the last date of the reporting period.

  2. Confirm that the tradeline is not being reported on any of the bureaus. If your creditkarma.com account shows that the tradeline has not posted to at least 1 bureau, you will provide credit details from creditkarma.com in order to validate non-posting to at least 1 bureau.

    If you are able to provide confirmation of both of the above points, then you may request a refund for that tradeline. Refund requests must be processed in writing via email.

All refund requests must be in writing.  Please send us an email to infoiamsabena@gmail.com with the following information: 

  1. Your Name

  2. The Card ID for the tradeline you are requesting a refund on.

  3. Date of purchase

  4. The date your Credit Karma account was last updated

  5. Your user name and password for your Credit Karma account so we can confirm the non-posting

 

Our refund department will confirm this information within two (2) business days and once confirmed we will issue a refund on that tradeline within two (2) business days.  The refund department is closed on weekends.


AUTHORIZATION Client hereby grants to IamSabena full authority to use his/her information for the sole purpose of adding him/her to the selected tradeline, as well as for any other purpose necessary to accomplish the goals of this agreement.  In furtherance thereof, Client authorizes IamSabena to perform any and all acts necessary to accomplish the goals of this agreement, and agrees to execute any and all documents necessary to facilitate IamSabena’s performance hereunder, including but not limited to any power of attorney or letter of authorization.  Client further authorizes IamSabena to verify and validate through a professional third party verification service of IamSabena’s choice all information provided from the client including but not limited to driver’s license information, social security number, date of birth, full legal name, address, phone number, and any other information provided to IamSabena.   


USE OF PERSONAL INFORMATION  Client agrees to provide to IamSabena any and all personal information necessary to allow IamSabena to add that Client to the specified tradeline, including but not limited to color copies of Client’s driver’s license, passport, and social security card. IamSabena agrees that it will use any personal information received from Client solely for that purpose. IamSabena will not use that information for any other purpose, nor will it sell, release, or allow access to that information to any third party not involved in adding Client as an Authorized User, except to the extent necessary to accomplish the goals of this agreement and to remain in legal compliance.

 

USE OF FALSE OR UNAUTHORIZED INFORMATION  Client agrees that he/she shall not use, provide, or submit to IamSabena, any alternate Social Security Number (SSN), Credit Protection Number (CPN), Employer Identification Number (EIN), Taxpayer Identification Number (TIN), or other similar information that is false, fraudulent, illegal or unauthorized. Upon the discovery of such false, fraudulent, illegal or unauthorized information, IamSabena shall have the absolute right to terminate this agreement, discontinue its services, and reverse any services previously performed (ie, remove the Client from any tradelines to which he/she has been added by IamSabena). Client agrees that in that event, any and all fees, costs and other money and funds of any kind paid to IamSabena shall not be refunded to Client, but shall be retained by IamSabena and considered to be liquidated damages for Client’s breach of this agreement. It is further understood and agreed that IamSabena ’s damages in that event shall not be limited to the fees, costs and other money and funds described above, and that IamSabena does not hereby waive its entitlement to any other damages to which it may be entitled in law or equity.


ASSUMPTION OF RISK    Client understands and agrees that there exists an inherent risk in providing his/her personal information to IamSabena , and IamSabena in turn providing that personal information to third party credit partners on Client’s behalf.  Client therefore agrees to assume all risk for any breach of confidentiality or security that may occur relative thereto. Client further understands and agrees that any damages, actual or otherwise, that he/she may incur as a result thereof shall be subject to the limitations on liability as set forth in the Limited Liability clause of this agreement.  Additionally, Client understands there are risks to being associated with someone else’s tradelines as an Authorized User including but not limited to the possibility of the credit partner defaulting on their tradeline, the possibility of the credit partner over utilizing their spending on their account by owing more than 15% of their tradeline, the possibility for the credit partner to sustain a credit line decrease, and the possibility for the tradeline to be closed.  In any of these unexpected scenarios IamSabena shall issue the Client a full refund and IamSabena shall be subject to the limitations on liability as set forth in the Limited Liability clause of this agreement.


RELEASE Client agrees to permanently and irrevocably release IamSabena and all of its directors, officers, employees, agents, stockholders, representatives and affiliates from any and all claims, demands, damages and liability of any kind arising from his/her use of the products and services offered and delivered by IamSabena , including but not limited to any actual, consequential, statutory, nominal, punitive, regulatory and other damages of any kind.


INDEMNIFICATION   Client shall fully indemnify, hold harmless and defend IamSabena and its directors, officers, employees, agents, stockholders, representatives and affiliates from and against any and all claims, actions, suits, demands, damages, liabilities, obligations, losses, settlements, judgments, costs and expenses including but not limited to attorney’s fees and costs, whether or not a third party claim, which arise out of, result from, or in any way relate to any breach of this agreement or of any legal duty owed to IamSabena , any misrepresentation made to IamSabena , or the provision of any false, fraudulent, illegal or unauthorized information to IamSabena , in each case without regard to any alleged negligence of either party to this agreement or any other third party, and without regard to whether such claims, actions, suits, demands, damages, liabilities, obligations, losses, settlements, judgments, costs and expenses have merit.


ABSENCE OF GUARANTEE  Client understands and agrees that IamSabena cannot, and does not, make any predictions, promises, guarantees, warranties or assurances of any kind with regard to the result or effect of its services on Client’s credit score or other indicia of credit worthiness.  Any expressions, statements, or representations of any kind made by IamSabena or its directors, officers, employees, agents, stockholders, representatives and affiliates merely reflect its/his/her best professional opinion given in good faith, and are not to be construed as predictions, promises, guarantees, warranties or assurances. Moreover, it is expressly understood and agreed that IamSabena may present this agreement as a defense to any such claim of prediction, promise, guarantee, warranty or assurance made by Client.

 

LIMITATION OF ACTIONS  Client agrees that no action, proceeding or litigation arising out of, with respect to, or in any way related to this agreement may be brought against IamSabena more than six (6) months after the first date upon which the basis of that action could have reasonably been discovered through the exercise of due diligence.


ATTORNEY’S FEES AND COSTS  The parties agree that if any action, proceeding or litigation is brought to enforce the terms of this agreement, or to otherwise resolve any disagreement or dispute arising under or with respect to this agreement, the non-prevailing party will pay any and all attorney’s fees, costs and expenses incurred by the prevailing party in prosecuting or defending that action.

 

ENTIRE AGREEMENT   It is understood and agreed that this document sets forth the entire agreement and understanding of the parties, and supercedes all other verbal or written agreements made prior to or concurrent with this agreement.


MODIFICATION  It is understood and agreed that no modifications of this agreement shall be binding on either party unless reduced to writing and signed by both parties.


TRADELINE ORDER   Client authorizes and directs IamSabena to identify and add him/her to the following tradelines being purchased in this order.


I  HEREBY  CERTIFY  THAT  I  HAVE  READ  THE  FORGOING  AND  THAT  I UNDERSTAND AND AGREE WITH EACH OF THE TERMS SET FORTH ABOVE AND IN THE DISLAIMER.