Credit Reporting Feature Sample Clauses

Credit Reporting Feature. One of the features of the Services is that we will report to one or more credit reporting agencies your ACH payments made to Extra for the repayment of funds advanced on your behalf in connection with your Debit Card and Extra Rewards Program transactions. As is explained in Section 1.b above, when you make a purchase with your Debit Card or from the Extra Rewards Program, Extra will instruct the Issuing Bank to authorize the transaction and will advance funds for the transaction on your behalf, provided you have sufficient Available Spend Power. Within 30 days of the date of each transaction made using your Extra Debit Card or from the Extra Rewards Program, Extra will instruct Dwolla initiate one or more ACH debits to deduct equivalent funds from your Partner Account. You are responsible for keeping track of your available Partner Account balance. If the ACH debit is successful, Extra will report positive payment history to the credit bureaus. If the ACH debit fails and the advanced funds remain unpaid for 30 or more days as of the last day of the month, Extra may report negative payment information to the credit bureaus. Increases or specific changes to your credit score are not guaranteed. On-time payment history can have a positive impact on your credit score. Late or non-payment may negatively impact your credit score. Impact on your credit may vary, as credit scores are independently determined by credit bureaus based on a number of factors, including the financial decisions you make with other financial services organizations. The Extra Services are not a credit repair product and do not remove negative credit history from your credit report. If you believe that we have reported inaccurate information about you, or that we may report inaccurate information about you, to a credit reporting agency, please notify us of the specific information that you believe is inaccurate by writing to us at xxx@xxxxx.xxx. Please include your name, address, and phone number and explain what information you believe is incomplete or inaccurate.
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Credit Reporting Feature. One of the features of the Extra Card is that we will report transactions involving your Overdraft Line of Credit to the credit bureaus. As is explained in section 1 above, when you make a purchase with your Extra Card, we will instruct the Issuing Bank to fund that transaction immediately if you have available credit in your Overdraft Line of Credit. Within 30 days, Dwolla will then initiate an ACH debits to deduct the funds from your Bank Account. Those ACH debits are typically funded 2-3 days after they are initiated by Dwolla but may not be funded for as long as 30 days. If the ACH debit is successful, we will be able to report positive credit history to the credit bureaus. If the ACH debit fails and the Issuing Bank is not reimbursed via the ACH debit, we may report negative balance or other negative credit information about your Extra Card account to credit bureaus and your ability to use the Services may be suspended. This negative information may be reflected in your credit report. We typically will submit "full file" reports on your credit transactions on a monthly basis. If you believe that we have reported inaccurate information about you, or that we may report inaccurate information about you, to a credit reporting agency, please notify us of the specific information that you believe is inaccurate by writing to us at xxx@xxxxx.xxx. Please include your name, address, and phone number and explain what information you believe is incomplete or inaccurate.
Sample 1

Related to Credit Reporting Feature

  • CREDIT REPORTING For each Mortgage Loan, the Company shall accurately and fully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information on its borrower credit files to each of the following credit repositories: Equifax Credit Information Services, Inc., TransUnion, LLC and Experian Information Solution, Inc. on a monthly basis.

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  • AUDIT REPORT SUBMISSION Audit reports must be submitted no later than 150 days following cancellation, termination or expiration of this Agreement.

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  • Texas Prompt Payment Act Compliance Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date licensee receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Xxxxxxxxxx County Auditor receives an invoice for the goods or services. Interest charges for any overdue payments shall be paid by licensee in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of licensee’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday.

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  • Program Reporting Contractor shall provide such data as may be required by the Board, in the form required by the Board to fulfill its obligations as a public school district, as well as academic, financial and other program records and reports as requested by the Board for program accreditation, monitoring, payment, and auditing. Such data and reports shall include, but not be limited to, all of the following:

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