Terms of Use

Welcome to Feodis (“Company,” “we,” “us,” or “our”). These Terms of Use (“Terms,” or “Agreement”) govern your access to and use of the Feodis website located at feodis.co (the “Site”), our mobile applications, and all related services, features, content, and functionality offered by Feodis (collectively, the “Services”).

BY ACCESSING OR USING OUR SERVICES, YOU AGREE TO BE BOUND BY THESE TERMS. If you do not agree to all of these Terms, you may not access or use our Services.

We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on the Site with a revised “Last Updated” date. Your continued use of the Services after such changes constitutes your acceptance of the revised Terms.

2.1 Eligibility

You must be at least 18 years of age to use our Services. By using our Services, you represent and warrant that you are at least 18 years old, have the legal capacity to enter into a binding contract, are not barred from using the Services under applicable law, and that all information you provide is accurate, current, and complete.

2.2 Account Registration

When you register, you agree to provide accurate information, keep your password secure, and notify us immediately of any unauthorized use of your account.

2.3 Account Security

You are solely responsible for maintaining the confidentiality of your account credentials. Feodis will not be liable for any loss or damage arising from your failure to comply with these security obligations.

2.4 Account Termination

We reserve the right to suspend or terminate your account at any time for violation of these Terms, fraudulent or illegal activity, or requests by law enforcement or government agencies.

Subject to your compliance with these Terms, Feodis grants you a limited, non-exclusive, non-transferable, revocable license to access and use our Services for your personal, non-commercial use. You agree not to copy, modify, reverse engineer, or interfere with the Services, use automated means to access the Services, or use the Services for any illegal purpose.

You retain ownership of any content you submit through the Services. By submitting content, you grant Feodis a worldwide, royalty-free license to use that content in connection with operating the Services. You may not submit content that is unlawful, infringing, or harmful. We reserve the right to monitor and remove content for any reason.

The Services and all content, features, and functionality are owned by Feodis or its licensors and protected by intellectual property law. “Feodis” and the Feodis logo are trademarks of Feodis. If you provide feedback or suggestions, you grant Feodis a perpetual, royalty-free license to use that feedback without compensation to you.

Our Services may contain links to or integrate with third-party platforms, including our identity verification and credit data partners. We are not responsible for the content, accuracy, or privacy practices of third-party sites, and inclusion of a link does not imply endorsement.

Certain features require payment of fees, quoted in U.S. dollars. We use third-party payment processors to handle transactions. Subscriptions automatically renew at the end of each billing period unless canceled; you may cancel at any time through your account settings. Beyond the first-payment refund guarantee in Section 21, no refunds are provided for partial billing periods. We reserve the right to change fees with reasonable notice.

THE SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND. Feodis disclaims all warranties to the fullest extent permitted by law, including warranties of merchantability, fitness for a particular purpose, and that the Services will be uninterrupted or error-free.

TO THE FULLEST EXTENT PERMITTED BY LAW, FEODIS SHALL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES. OUR TOTAL LIABILITY TO YOU FOR ALL CLAIMS SHALL NOT EXCEED THE GREATER OF THE AMOUNT YOU PAID TO FEODIS IN THE 12 MONTHS PRECEDING THE CLAIM, OR ONE HUNDRED U.S. DOLLARS ($100.00).

You agree to defend, indemnify, and hold harmless Feodis and its affiliates from any claims arising out of your violation of these Terms, your use of the Services, or your violation of any applicable law.

You may terminate your account at any time by contacting us. We may terminate or suspend your account immediately, without notice, for breach of these Terms or fraudulent or illegal activity. Upon termination, your right to use the Services ceases immediately, and provisions that by their nature should survive termination will survive.

11.1 Governing Law

These Terms and any dispute arising from them shall be governed by and construed in accordance with the laws of Sandoval County, New Mexico, without regard to its conflict of law provisions.

11.2 Informal Resolution

Before filing any claim, you agree to attempt to resolve the dispute informally by contacting us. We will attempt to resolve the dispute within 30 days.

11.3 Arbitration Agreement

Any dispute arising out of or relating to these Terms or the Services shall be resolved through binding arbitration conducted by the American Arbitration Association (AAA) under its Commercial Arbitration Rules. The arbitration shall be held in Rio Rancho, New Mexico. You agree that any arbitration will be conducted only on an individual basis and not as a class, consolidated, or representative action.

11.4 Exceptions to Arbitration

The arbitration agreement does not apply to claims for injunctive relief, claims related to intellectual property rights, or small claims court actions.

11.5 Opt-Out

You may opt out of the arbitration agreement within 30 days of first accepting these Terms by sending written notice to legal@feodis.co.

Feodis respects the intellectual property rights of others and will respond to valid DMCA takedown notices. If you believe your copyrighted work has been infringed, contact our designated agent:

Feodis Legal Department
Email: legal@feodis.co
Mailing Address: 4405 Jager Dr NE, Rio Rancho, NM 87144

You represent that you are not located in a country subject to U.S. government embargo, are not listed on any U.S. government list of prohibited parties, and will not use the Services for any purpose prohibited by U.S. export laws.

Feodis shall not be liable for any failure or delay in performing its obligations due to causes beyond its reasonable control, including acts of God, government actions, or internet or telecommunications failures.

If any provision of these Terms is found invalid or unenforceable, the remaining provisions continue in full force. No waiver is effective unless in writing. You may not assign these Terms without our prior written consent; Feodis may assign these Terms without restriction.

These Terms, together with our Privacy Policy, constitute the entire agreement between you and Feodis regarding the Services and supersede all prior agreements and communications.

A monthly membership. Feodis opens an account in your name with a stated account limit and furnishes the payment activity on that account to consumer reporting agencies each month. Your membership payment is that activity.

This is not credit and not a loan. Feodis is not lending you money and you are not borrowing any. There is no principal, no interest, no finance charge, and no amount that becomes due if you stop.

Feodis Credit Builder: $7.99 per month, $1,000 reported limit. Feodis Credit Builder Plus: $14.99 per month, $2,500 reported limit. Feodis Credit Builder Pro: $24.99 per month, $5,000 reported limit. An additional account is not a flat add-on fee — it is another tier, billed at that tier’s own price above, with one account per reported limit and up to four accounts in total.

Your membership renews automatically every month at the price above, charged to the payment method you provide, on the same day each month, until you cancel. There is no minimum term, no setup fee and no cancellation fee. If we change a price, we will tell you before it takes effect and you may cancel first.

Each account you hold is its own monthly subscription. You may cancel any one of them independently, at any time, without affecting the others. Cancelling one account stops that account; the rest continue unchanged.

Cancel at any time by signing in and choosing the account, at feodis.co/membership/cancel. Signing in uses the same emailed link that created your account. No fee, no notice period, no reason required, and nobody will call you to talk you out of it. If you cannot access the email on the account, contact us and we will cancel it for you — you will not be kept paying because of a sign-in problem.

Your membership continues to the end of the period already paid for, then stops. We do not pro-rate a partial month. After it stops, we stop furnishing. Payment history already reported stays on your credit file as an accurate record of what happened; nothing further is added.

If you cancel within three days of your first payment on an account, and that payment has not yet been furnished to a consumer reporting agency, we refund it in full. This is the only window in which a first payment is refundable; cancelling after it returns you to Section 20 above — the membership continues to the end of the period already paid for, then stops, with nothing further owed.

If your first payment is not furnished within 60 days for a reason on our side — not a delay caused by information you have not yet provided, such as an incomplete Reporting Profile — contact us and we will refund it in full. Time a consumer reporting agency takes to process what we have already furnished is not a reason on our side; see Section 22.

This guarantee is limited to a member’s first payment on the account in question. No other payment is refundable.

Your account opens when your membership starts. The first payment on it is furnished on the next monthly submission, and each consumer reporting agency then processes that submission and adds it to your file.

Expect up to two months before the account appears on your credit report. It is often sooner. This timing is set by how consumer reporting agencies receive and process furnished data, not by us, and we cannot shorten it. Once we have furnished your first payment, no refund is owed for the bureaus’ processing time, because nothing has gone wrong during it — see Section 21 if we have not furnished it at all. You may cancel at any time, including during this wait.

Feodis is not required to report this account to any consumer reporting agency, and reporting is not a service you are purchasing. Feodis does, at its own election, furnish payment activity on your account to one or more consumer reporting agencies, and may change or discontinue that practice. Feodis does not perform the furnishing itself; it is carried out by a third-party furnishing service engaged and supervised by Feodis. Feodis remains the furnisher of record and the party accountable to you and to each consumer reporting agency for what is furnished, and no part of it is performed by this website or your online account.

Notice: we may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report.

Every payment you make is reported. Fees are charged in advance, so a period you have paid for is a period already paid: if a payment stops, this membership ends and the account stops being reported, rather than an unpaid month being furnished as a delinquency. Everything already reported remains on your credit file. If you believe something reported about your account is wrong, you may dispute it with Feodis directly or with the consumer reporting agency. Either route reaches the same place — Feodis investigates through the furnishing service and will correct, update or delete inaccurate information and report that result to each consumer reporting agency it furnished to, within the time the Fair Credit Reporting Act allows.

We make no representation that a membership will improve your credit score or credit profile. That reporting occurs is a fact about the account; it is not a promise about an outcome.

A membership is not credit repair, debt settlement, debt management, lending, insurance, investment advice, or legal or tax advice. It does not remove accurate information from your credit report and it does not obtain financing for you.

Feodis LLC, a New Mexico limited liability company, is the seller and the party you are contracting with — the party responsible to you for this membership and for correcting anything furnished about it that is wrong, whatever service Feodis engages behind the scenes to carry out the furnishing. Payments are processed by Develop Credit LLC, an affiliate of Feodis LLC, on Feodis’s behalf, so a charge may appear on your statement under the Develop Credit name.

For questions or notices regarding these Terms, please contact us at legal@feodis.co, or by mail at 4405 Jager Dr NE, Rio Rancho, NM 87144.