Regulatory Compliance - State Disclosures

One repayment option for consumers struggling with debt is a Debt Management Plan (DMP). In the event that AAA Fair Credit Foundation (FCF) recommends a DMP and that you choose to enroll in a DMP, you:

• Authorize FCF to act on your behalf in order to assist you in repaying your unsecured debt.
• Understand that in certain circumstances, a DMP may have a negative effect on your credit report.
• Understand that as a nonprofit organization, FCF receives funding from creditors who participate in DMPs. These contributions are usually calculated as a percentage of payments clients make through a DMP; however, your accounts will always be credited with one hundred percent (100%) of the amount you pay creditors through a DMP, and FCF will work with all of your creditors regardless of whether they contribute to FCF.
• May be required to pay a monthly fee and/or charged a file set-up fee, based upon your state of residence.
• Understand that all deposits sent to FCF for distribution to your creditors will be deposited in a federally-insured bank account, and this account may or may not be an interest-bearing account.
• Agree to continue reviewing your creditor statements and FCF statements while enrolled in your DMP and to notify FCF of any errors within 60 days.

State Disclosures (Debt Management / Budget Planning)

AAA Fair Credit Foundation (FCF) is a licensed debt management / budget planning service provider. In accordance with state regulations, the following disclosure and licensing information is available for you to review online:

• Arizona Residents: FCF is NOT A LOAN COMPANY.
  
  
• California Residents: Complaints related to debt management services may be directed to the California Department of Corporations.
  
  
• Illinois Residents: FCF does not lend money.
  
  
• Maryland Residents: The Commissioner of Financial Regulation for the State of Maryland will accept any questions and complaints from Maryland residents regarding FCF, License No. 14-43, at 500 North Calvert Street, Room 402, Baltimore, Maryland 21202, phone 1-888-784-0136.
  
  
• New York Residents: FCF is licensed and regulated by the New York State Department of Financial Services ("DFS") (BP Lic # 100960); if any client of FCF who resides in New York has any inquiries or complaints, he/she may call the DFS's toll-free number, 1-800-522-3330, or write to the DFS, c/o Consumer Services Division, One State Street, New York, New York 10004, or submit a complaint filed electronically via the DFS website at www.dfs.ny.gov.
  
  
• Utah Residents: The Division of Consumer Protection for the state of Utah will accept questions and complaints from Utah residents regarding AAA Fair Credit Foundation via correspondence at 160 East 300 South, Box 146704, Salt Lake City, UT 84114-6704, or by phone 801-530-6601, or visit www.dcp.utah.gov.
  
  

Any additional required state specific disclosures are included in individual debt management client service agreements.