We, Midas Financial Company, are pleased to offer financing and credit consulting services for your business. Business relationships work best when there is a mutual understanding about the scope of services to be provided. Accordingly, the following represents a binding agreement and sets forth our Terms of Use.

Midas Financial is not a Lending Institution. The types of services we provide include, without limitation; reorganization of your business entity, assisting with the establishment of multiple credit accounts on behalf of you and/or your business and general credit consulting. For the purpose of this letter agreement “Credit Accounts” means; credit lines, credit cards, credit facilities, accounts, loans or similar financing mechanism, which may be secured or unsecured, guaranteed or not, or established through you personally or your business.

Midas Financial will be providing you with credit consulting and financing services. You may terminate our services only upon our failure to perform as agreed for not less than thirty (30) days.

Should you engage in our credit card and loan stacking program, your Midas Financial Consultant will use best effort to acquire credit lines that offer promotional rates of zero percent (0%) interest typically for 12-18 months. The consultant will also make best efforts to provide accurate rate information with regards to new credit accounts. We make no guarantees as to the interest rates or terms in which credit may be granted to our clients by lenders and other financial institutions.

Our services are not contingent on our clients’ needs for financing or lack thereof. Accordingly, clients may not cancel, withdraw, and intentionally cause to be denied, or fail to follow through on a credit application unless given permission in writing by us. Additionally, if a client does not provide us with an approval or denial letter from the lender within 30 days of submitting an application for credit, such application will be deemed approved, and we will include the requested amount in calculating total credit obtained.

You hereby give Midas Financial authority to apply for credit lines on your behalf at banks and institutions who will likely report to the credit bureaus. Banking institutions OR may not create an impact on our client’s credit, either positive or negative, which is completely out of our control.

We expect to help increase your Experian/Fair Isaac credit score and, thereby, maximize your borrowing power. In order to provide you these services, we may evaluate your credit worthiness by obtaining a credit report or background information about you and/or your business from other appropriate sources.

There is absolutely NO up-front fee for this credit and loan stacking program. One of our goals is to help you obtain an Experian/Fair Isaac FICO credit score of at least seven hundred (700); reduce revolving accounts to less than forty-nine percent (49%) of the limit; and help remove derogatory information from your credit report.

Due to the nature of our services, you agree to not apply, establish or cause the opening of new Credit Accounts or modify your existing Credit Accounts during our engagement term without the prior written consent from us. Further, you will provide guarantees and/or collateral at such times and to such extent as necessary for the established Credit Accounts.

You specifically acknowledge that you are solely responsible for payment of any debts incurred through the Credit Accounts and waive any claims against us. Further, you hereby agree to indemnify, defend and hold Midas Financial, its subsidiaries, affiliates, each of their successors, licensees, distributors, assignee’s, their respective officers, owners, executives, employees, attorneys harmless from and against any and all claims, actions, judgments, damages, losses, penalties, liabilities, costs and expenses of whatever kind and nature imposed on, incurred by, or asserted against us or the foregoing parties arising out of or in connection with the services provided by us or any breach by the you of any agreement between you and us.

Midas Financial shall not be held liable to the borrower or to third persons for any loss or damage occurred by the use of credit, funds, and/or other financing obtained through the use of our services. By entering this agreement you acknowledge that any credit, funds, and/or other financing will not be used for an improper or illegal purpose and that you enter into this agreement without the intent to utilize Midas Financial services for an improper or illegal purpose.

We agree that all disputes arising out of our engagement shall be brought before a neutral mediator. If the parties are still unable to reach an amicable solution, each party shall submit to binding arbitration in Maricopa County, Arizona. If we are required to bring an action or otherwise spend time attempting to collect amounts due to us for services rendered, you will also be responsible for our costs and reasonable attorney’s fees, if we prevail in such proceedings.