Credit Services Organization Disclosure Statement

Last Updated: 12/12/2022

Credit Services Organization:         Rock Solid Funding, LLC

Introduction: Rock Solid Funding, LLC (“RSF”) is a Texas limited liability company headquartered in Colleyville, Texas and registered with the Texas Secretary of State as a credit services organization (a “CSO”) pursuant to Chapter 393 of the Texas Finance Code. Under Texas law, a CSO is a person or a business entity that can or will provide, for payment of valuable consideration, certain specified services including: obtaining an extension of consumer credit for a consumer and providing advice or assistance to such consumer in relation to obtaining such consumer credit. RSF operates as a broker for multiple lenders engaged in consumer credit lending to Texas consumers.

For RSF to help consumers obtain consumer credit under Texas law, RSF is required to provide the consumer with a credit services organization disclosure statement (“CSO Disclosure Statement”) and enter into a credit services organization agreement (“CSO Agreement”) with the consumer.

We do not make loans or extend credit. As a CSO, we assist our customers in obtaining a loan or other extension of credit. RSF is not subject to Chapter 342 of the Texas Finance Code.

Definitions: In this CSO Disclosure Statement, “we,” “our,” and “us,” each mean RSF and “you,” “your” and “Borrower” each mean the above identified Customer. “TILA” means the Truth in Lending Act.

Purpose of this Disclosure: Chapter 393 of the Texas Finance Code, which regulates credit services organizations, requires that a consumer receive a disclosure statement before executing a CSO Agreement or paying any fee or other consideration. This CSO Disclosure Statement includes a description of the services we agree to perform, the cost of our services, and certain other required information.

Services We Provide: Under the CSO Agreement between you and us, we will use our best efforts to provide the following services (the “CSO Services”): (1) arrange a loan for you with an unaffiliated lender; and (2) assist you in preparing and completing the information, application, and other documents that the Lender requires you to submit in order to obtain a loan.  We work with a group of lenders that make loans to consumers primarily for personal, family or household purposes and we assist those lenders in the origination of loans through qualification and loan processing services, including lien documentation and filing, loan closing and title work. A portion of the CSO fee or fees that you will pay to us (the “CSO Fee”) compensates us for the services that we provide to the lender in arranging and originating the loan to you.  Once we receive your completed loan application, we will determine which loan products that you qualify for.  We will then be able to provide you with detailed loan terms and documents.

Cost of CSO Services.  In consideration for the CSO Services that we provide you under the CSO Agreement, you will agree to pay us a CSO Fee.  The amount of our CSO Fee is as follows: A $399 fee is charged for all CSO-related services mentioned above excluding lien perfection and state and/or local tax, title and registration fees. If TTL services are required by the lender to secure financing and the seller isn’t completing the services on your behalf, we will charge an additional fee of $175, for a total fee amount of $574, to complete those services.

You will not be charged a CSO Fee unless we are able to arrange a loan for you. You can cancel the CSO Agreement within three (3) days from the date you sign the CSO Agreement. Unless you deliver to us a Notice of Cancellation of the CSO Agreement (which is included with these documents) and return in cash or certified funds the full amount of the proceeds of the Loan made to you, the CSO Fee will be earned on the day you receive and accept the loan and receive the funds from the Lender.  The CSO Fee will be paid in full to us in the loan closing.

The CSO Fee is not interest but the Lender is required in complying with TILA to include the CSO Fee in the calculation of the “finance charge” as disclosed in the TILA Disclosure portion of the loan closing documentation. The CSO Fee is disclosed as part of the Finance Charge for purposes of compliance with TILA but, under Texas law, the CSO Fee is not interest.



Right to Review Information: You may request and obtain all the information about you in the files of a consumer reporting agency (your “file disclosure”). You will be required to provide proper identification, which may include your Social Security number. In many cases, the disclosure will be free. You are entitled to a free file disclosure if: (1) a person has taken adverse action against you because of information in your credit report, if filed not later than the 30th day after the date on which the agency receives notice the consumer has been denied credit and for a minimal charge at any other time; (2) you are the victim of identity theft and place a fraud alert in your file; (3) your file contains inaccurate information as a result of fraud; (4) you are on public assistance; and (5) you are unemployed but expect to apply for employment within 60 days. In addition, all consumers are entitled to one free disclosure every 12 months upon request from each nationwide credit bureau and from nationwide specialty consumer reporting agencies.

Right to Dispute Information: You have a right to dispute directly with a consumer reporting agency the completeness or accuracy of an item in your file with the reporting agency. If you tell a consumer reporting agency that your file contains inaccurate information, the consumer reporting agency must investigate the items by presenting to its information source all relevant evidence you submit, unless your disputes are frivolous. The source must review your evidence and report its findings to the consumer reporting agency. The consumer reporting agency must give you a written report of its investigation and a copy of your report if the investigation results in any change. If the consumer reporting agency’s investigation does not resolve the dispute, you may add a brief statement to your file. The consumer reporting agency must normally include a summary of your statement in future reports. If an item is deleted or a dispute statement is filed, you may ask that anyone who has recently received your report be notified of the change in the report.

Inaccurate, Incomplete, and Obsolete Information: A consumer reporting agency must remove or correct inaccurate or unverified information from its files. However, accurate information cannot be permanently removed from your file unless it is obsolete or cannot be verified. If your dispute results in any change to your report, the consumer reporting agency must give you a written notice telling you it has reinserted the information. The notice must include the name, address, and phone number of the information source. Except in certain cases, information in a credit report becomes obsolete after 7 years, except for bankruptcies which become obsolete after 10 years. A consumer reporting agency is prevented from issuing a report containing obsolete information.

Availability of Credit Counseling: There are other ways and sources for you to obtain credit services. You have a right to consider these other ways and sources.  Nonprofit credit counseling services may be available in your community. You may refer to your local telephone directory under “Credit & Debt Counseling” for listings and sources.

Consumer’s Right to Proceeds against the Surety Bond: If you are damaged by a violation of Chapter 393 of the Texas Finance Code related to this transaction, you have a right to make a claim against the surety bond of the CSO by filing a suit against the CSO and the surety or trustee of the surety bond.  The name and address of the surety company that issued our surety bond is: Travelers Casualty and Surety Company of America, One Tower Square, Hartford, CT 06183.

RSF is required to keep a copy of this CSO Disclosure Statement, signed by the consumer acknowledging receipt, in its files for two years after its delivery.


By electronically submitting a loan application through RSF, I acknowledge that I have not executed a CSO Agreement or paid any fee or other consideration to RSF prior to my receipt of this CSO Disclosure Statement.  I acknowledge that I have read and understand this CSO Disclosure Statement