Funding Club – Phase Three: Income Verification

Phase Three of the Funding Club program is the Income Verification Phase. This stage is designed to establish documented income and strengthen your financial profile so that lenders can approve loans, lines of credit, and credit cards in Phase Four.

Business & Payroll Setup

If you do not already have a business, a business will be created during this phase. Once the business is established, a payroll provider will be set up and you will be placed on payroll as an employee of the business.

This process creates verified income records that lenders typically require when evaluating funding applications.

By continuing in the program, you acknowledge and agree to this setup.

Payroll Funds Rules

Funds will be deposited into the payroll and related bank accounts as part of the income verification process.

You agree to the following conditions:

• You will not withdraw, spend, or use any payroll funds.

• The funds are strictly for verification and documentation purposes.

• Unauthorized use of the funds may result in removal from the program and financial liability.

Phase Four – Funding & Fees

Once funding is secured in Phase Four, which may include:

• Loans

• Lines of Credit

• Credit Cards

• Other financial vehicles

Our company will charge the approved credit cards or credit lines for:

1. Our program fee, and

2. The funds used during the income verification phase

Per the initial agreement, 25% of each funding vehicle obtained will be charged.

Customers are responsible for repaying those amounts through the credit lines obtained, as there is no such thing as free money.

Any chargebacks or attempts to reverse payments will be pursued in court for the full amount owed plus court fees.

Tradelines During Phase Three

During this phase, you may see Primary Tradelines and Authorized User (AU) Tradelines appear on your credit report.

Important points:

• These tradelines are not spendable money.

• They exist only to strengthen your credit report and increase your credit score.

• The goal is improved creditworthiness, not immediate access to funds.

• You will not be charged for tradelines that you cannot spend.

• Fees only apply to funding accounts you actually receive access to use.

Acknowledgement

By continuing with Phase Three, you acknowledge that:

• You understand the income verification structure.

• You will not use payroll funds.

• You agree to the 25% funding participation fee per credit vehicle obtained.

• You understand that tradelines are for credit improvement only.

For questions or assistance, please contact support:

📞 313-689-9275