Common use of Credit Reporting Feature Clause in Contracts

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.

Credit Reporting Feature. One of the features of the Extra’s Services is that we will report to one or more credit reporting agencies your ACH EFT 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 ProgramCard, 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 available Spend Power. Within 30 days of the date of each transaction made using your Extra Debit Card or from the Extra Rewards ProgramCard, Extra will instruct Dwolla initiate one or more ACH EFT debits to deduct equivalent funds from your Partner Account. You are responsible for keeping track of your available Partner Account balance. If the ACH EFT debit is successful, Extra will report positive payment history to the credit bureaus. If the ACH EFT 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 Debit Card and do related services will 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.

Credit Reporting Feature. One of the features of the Extra’s 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 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 will 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.

Credit Reporting Feature. One of the features of the Services theServices 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.

Credit Reporting Feature. One of the features of the Services is that we will report to one or more credit reporting agencies (“CRAs”) your ACH payments made to Extra for the repayment of funds advanced pursuant to the OLOC on your behalf by Lead Bank, or otherwise advanced by Extra for services that do not include an OLOC, 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 Funding Source may be funded by disbursement of the date loan proceeds under the OLOC or, in the case of each transaction made using Debit Cards issued by Patriot Bank, an ACH debit to your Extra Partner Account (as applicable), and such amounts in the Funding Source will be used to settle your Debit Card or from the Extra Rewards Programtransactions. As further described in Section 1(b)(iii), Extra will instruct Dwolla to 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 bureausCRAs. If the ACH debit fails and the advanced funds pursuant to the OLOC by Lead Bank or by Extra for services that do not include an OLOC remain unpaid for 30 or more days after the initial date of a failed payment as of the last day of the month, Extra may report negative payment information to the credit bureausCRAs. 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 the CRAs 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.