All Countries
Banking
Credit Repair Agreement

Credit Repair Agreement Template for Indonesia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Credit Repair Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Credit Repair Agreement

"I need a Credit Repair Agreement for my financial advisory firm based in Jakarta, providing services to corporate clients with international credit issues, including specific provisions for handling cross-border credit reporting and compliance with both Indonesian and international regulations."

Celebrated by
Collaborations with
Investors
Document background
The Credit Repair Agreement serves as a crucial legal instrument in Indonesia's financial services landscape, designed to protect both service providers and clients engaging in credit repair services. This document becomes necessary when individuals or businesses seek professional assistance in improving their credit standing through legal means. The agreement, governed by Indonesian law and regulated by the Financial Services Authority (OJK), covers essential aspects such as service scope, fee structures, confidentiality obligations, and compliance requirements. It's particularly important given Indonesia's evolving credit reporting system and increased focus on consumer protection in financial services. The document ensures transparency in credit repair services while complying with Law No. 21 of 2011 on Financial Services Authority and related regulations on consumer protection and personal data handling.
Suggested Sections

1. Parties: Identification of the credit repair service provider and the client, including complete legal names and addresses

2. Background: Context of the agreement, including the client's need for credit repair services and the service provider's qualifications

3. Definitions: Key terms used throughout the agreement, including technical and legal terminology related to credit repair services

4. Scope of Services: Detailed description of credit repair services to be provided, including specific actions to be taken

5. Service Provider Obligations: Responsibilities and commitments of the credit repair service provider

6. Client Obligations: Client's responsibilities, including providing accurate information and necessary documentation

7. Fees and Payment Terms: Detailed breakdown of service fees, payment schedule, and payment methods

8. Duration and Termination: Term of the agreement and conditions for termination by either party

9. Confidentiality and Data Protection: Provisions for handling sensitive personal and financial information in compliance with Indonesian law

10. Representations and Warranties: Statements of fact and promises made by both parties

11. Limitation of Liability: Extent and limitations of the service provider's liability

12. Dispute Resolution: Process for resolving disagreements, including jurisdiction and applicable law

13. General Provisions: Standard legal clauses including notices, amendments, and severability

Optional Sections

1. Power of Attorney: Authorization for the service provider to act on behalf of the client when dealing with credit bureaus and creditors - included when direct representation is needed

2. Third-Party Authorization: Permissions for dealing with specific third parties - included when coordination with other financial institutions is required

3. Refund Policy: Terms and conditions for refunds - included when offering money-back guarantees or specific performance-based refunds

4. Additional Services: Description of supplementary services such as credit monitoring or financial education - included when offering premium service packages

5. International Considerations: Specific provisions for clients with international credit issues - included when dealing with cross-border credit matters

Suggested Schedules

1. Schedule A - Service Package Details: Detailed breakdown of specific services included in the chosen package

2. Schedule B - Fee Structure: Comprehensive fee schedule including all potential charges and payment terms

3. Schedule C - Required Documentation: List of documents required from the client to perform the services

4. Schedule D - Timeline and Milestones: Expected timeline for various phases of the credit repair process

5. Appendix 1 - Client Authorization Forms: Standard forms for various authorizations required during the credit repair process

6. Appendix 2 - Privacy Policy: Detailed privacy policy compliant with Indonesian data protection laws

7. Appendix 3 - Dispute Resolution Procedures: Step-by-step procedures for handling disputes with creditors and credit bureaus

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Applicable Laws
Business Day
Client
Confidential Information
Credit Bureau
Credit Report
Credit Score
Credit Repair Services
Dispute
Effective Date
Fees
Financial Services Authority (OJK)
Force Majeure
Initial Assessment
Intellectual Property Rights
Personal Data
Progress Report
Service Provider
Services
Term
Third Party
Written Notice
Credit History
Debt Collector
Default
Financial Institution
Payment Schedule
Performance Metrics
Regulatory Requirements
Service Package
Termination Date
Authorized Representative
Consumer Protection Laws
Data Protection Laws
Dispute Resolution Process
Material Breach
Negative Information
Privacy Policy
Service Level Standards
Clauses
Service Description
Fees and Payments
Confidentiality
Data Protection
Regulatory Compliance
Service Provider Obligations
Client Obligations
Representations and Warranties
Term and Termination
Limitation of Liability
Indemnification
Force Majeure
Assignment
Dispute Resolution
Governing Law
Notices
Amendment
Entire Agreement
Severability
Authority
Consumer Rights
Privacy
Performance Standards
Documentation Requirements
Refunds and Cancellation
Third-Party Authorization
Record Keeping
Reporting Requirements
Service Level Agreements
Default and Remedies
Relevant Industries

Financial Services

Banking

Consumer Services

Legal Services

Credit Reporting

Debt Collection

Financial Technology

Consumer Finance

Professional Services

Relevant Teams

Legal

Compliance

Financial Services

Customer Relations

Risk Management

Operations

Credit Analysis

Data Protection

Client Services

Contract Administration

Relevant Roles

Credit Repair Specialist

Financial Services Manager

Compliance Officer

Legal Counsel

Customer Service Representative

Credit Analyst

Financial Advisor

Risk Manager

Operations Manager

Contract Administrator

Data Protection Officer

Client Relations Manager

Industries
Law No. 21 of 2011 on Financial Services Authority (OJK): Establishes the regulatory framework for financial services in Indonesia, including oversight of credit-related services and consumer protection in the financial sector
Law No. 8 of 1999 on Consumer Protection: Provides the fundamental framework for consumer protection in Indonesia, including protection against unfair practices in financial services
OJK Regulation No. 1/POJK.07/2013 on Consumer Protection in Financial Services Sector: Specific regulations governing consumer protection in financial services, including requirements for transparency and fair treatment
Law No. 27 of 2022 on Personal Data Protection: Regulates the collection, processing, and protection of personal data, which is crucial for credit repair services handling consumer financial information
Bank Indonesia Regulation No. 15/1/PBI/2013 on Debtors Information System: Governs the reporting and management of credit information systems and credit histories in Indonesia
OJK Regulation No. 18/POJK.07/2018 on Consumer Complaint Services in Financial Services Sector: Details the requirements for handling consumer complaints in financial services, including credit-related disputes
Law No. 40 of 2007 on Limited Liability Companies: Relevant for establishing and operating a credit repair business as a legal entity in Indonesia
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Individual Voluntary Credit Agreement

Indonesian-law governed voluntary credit agreement template for individual borrowing arrangements, compliant with local banking and consumer protection regulations.

find out more

Available Amount Credit Agreement

An Indonesian law-governed credit facility agreement allowing flexible drawdowns up to a predetermined limit, subject to OJK regulations.

find out more

Tolling Agreement Credit Card

An Indonesian law-governed agreement setting out terms for credit card processing services, including regulatory compliance, operational procedures, and service levels.

find out more

Application For Credit Facility Letter

An Indonesian banking document used to formally request credit facilities from financial institutions, complying with Indonesian banking laws and OJK regulations.

find out more

Home Credit Contract

An Indonesian law-governed agreement establishing terms and conditions for home credit facilities, compliant with OJK regulations and consumer protection requirements.

find out more

Line Of Credit Contract

An Indonesian law-governed agreement establishing a revolving credit facility between a financial institution and borrower, setting out terms for credit access, repayment, and security.

find out more

Money Lending Agreement

An Indonesian law-governed agreement establishing terms and conditions for lending transactions, including loan amount, interest, repayment terms, and security arrangements.

find out more

Home Equity Line Of Credit Agreement

An Indonesian law-governed agreement establishing a revolving credit facility secured against residential property, compliant with OJK and Bank Indonesia regulations.

find out more

Credit Agreement Contract

An Indonesian law-governed credit agreement establishing terms and conditions for a credit facility, compliant with local banking regulations.

find out more

Credit Repair Agreement

An Indonesian law-governed agreement between a credit repair service provider and client establishing terms for credit repair services and compliance with OJK regulations.

find out more

Home Credit Agreement

An Indonesian law-governed agreement establishing terms for residential property credit facilities, compliant with OJK regulations and local banking standards.

find out more

Syndicated Credit Agreement

An Indonesian law-governed agreement establishing terms for a syndicated loan facility, compliant with local banking regulations and security requirements.

find out more

Instalment Credit Agreement

An Indonesian law-governed agreement establishing terms for credit repayable in instalments, including loan details, security arrangements, and regulatory compliance requirements.

find out more

Credit Swap Agreement

An Indonesian law-governed agreement establishing terms for credit default swap transactions between parties, compliant with OJK regulations and local banking laws.

find out more

Credit And Security Agreement

An Indonesian law-governed agreement establishing credit facility terms and security arrangements between a lender and borrower, including security interest creation and enforcement provisions.

find out more

Standby Credit Agreement

An Indonesian law-governed agreement establishing terms for a standby credit facility between a bank and beneficiary, compliant with Indonesian banking regulations.

find out more

Letter Of Credit Facility Agreement

An Indonesian law-governed agreement establishing terms for a bank's provision of letter of credit services to facilitate international trade transactions.

find out more

Commercial Credit Agreement

An Indonesian law-governed agreement establishing terms for a commercial credit facility between a lender and business borrower, compliant with Indonesian banking regulations.

find out more

Revolving Credit Facility Agreement

Indonesian law-governed revolving credit facility agreement enabling borrower drawdown, repayment, and re-drawing of loans within agreed limits.

find out more

Term Loan Credit Agreement

An Indonesian law-governed agreement establishing terms and conditions for a term loan facility between lender and borrower, compliant with local banking regulations.

find out more

Home Equity Agreement

An Indonesian law-governed agreement establishing terms for home equity sharing between property owners and investors, including property rights, financial obligations, and security interests.

find out more

Master Credit Agreement

An Indonesian law-governed agreement establishing terms for credit facilities between financial institutions and borrowers, compliant with local banking regulations.

find out more

Letter Of Credit Contract

An Indonesian-law governed agreement establishing terms and conditions for documentary credit transactions, combining local banking regulations with international trade standards.

find out more

Credit Note Agreement

An Indonesian law-governed agreement establishing terms for issuing and settling credit notes, ensuring compliance with local financial and tax regulations.

find out more

Credit Application Agreement

An Indonesian law-governed agreement establishing terms and conditions for credit applications between financial institutions and potential borrowers, aligned with local banking regulations.

find out more

Revolving Line Of Credit Agreement

An Indonesian law-governed agreement establishing a revolving credit facility, enabling repeated borrowing up to a predetermined limit.

find out more

Term Facility Agreement

An Indonesian law-governed agreement setting out terms and conditions for a term loan facility, including facility details, repayment terms, and security arrangements.

find out more

Employee Credit Card Agreement

An Indonesian law-governed agreement establishing terms for employee corporate credit card issuance and usage, aligned with local banking and employment regulations.

find out more

Credit Purchase Agreement

An Indonesian law-governed agreement establishing terms for credit purchase between a financial institution and borrower, compliant with OJK regulations and local banking laws.

find out more

Money Lending Contract

An Indonesian law-governed agreement establishing terms and conditions for money lending between a lender and borrower, complying with local banking and financial services regulations.

find out more

Letter Of Credit Agreement

An Indonesian law-governed agreement establishing terms for issuing and managing a letter of credit, facilitating secure international trade transactions.

find out more

Credit Support Agreement

An Indonesian law-governed agreement establishing terms for providing credit support, collateral, or guarantees between parties, compliant with local financial regulations.

find out more

Consumer Credit Agreement

An Indonesian law-governed agreement between a financial institution and consumer for the provision of credit facilities, compliant with OJK regulations and consumer protection laws.

find out more

Funds Transfer Agreement

An Indonesian law-governed agreement establishing terms and conditions for funds transfer services between financial institutions and clients, ensuring regulatory compliance with local banking and financial services laws.

find out more

Senior Facilities Agreement

An Indonesian law-governed agreement establishing terms for syndicated senior debt facilities, including regulatory compliance requirements and security arrangements.

find out more

Line Of Credit Agreement

An Indonesian law-governed agreement establishing a revolving credit facility between a lender and borrower, setting out terms for multiple drawdowns within an approved limit.

find out more

Revolving Credit Agreement

An Indonesian law-governed agreement establishing a revolving credit facility, enabling repeated borrowing and repayment within an agreed limit.

find out more

Credit Sale Agreement

An Indonesian law-governed agreement for the sale of goods on credit terms, with installment payments and security arrangements.

find out more

Credit Assignment Agreement

An agreement governed by Indonesian law that transfers credit rights from an Assignor to an Assignee, complying with local cessie requirements and regulations.

find out more

Credit Agreement Letter

An Indonesian-law governed credit facility agreement establishing terms between a lender and borrower, compliant with Indonesian banking regulations and OJK requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.