Military Lending Act Disclosure. Federal law provides important protections to members of the Armed Forces and their dependents relating to certain extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). Please call us at 000.XXXXX.XX to receive oral disclosures of the Military Lending Act disclosure above and a description of the payment obligation.
Military Lending Act Disclosure. If You are a member of the active military, or a spouse or dependent of the active military, the following apply (the federal government requires Us to provide this notice to You even though we do not assess any of the fees referenced below): Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). Please refer to the Truth In Lending Act disclosures in this Device Payment Agreement for information regarding Your monthly payments. To hear this statement of rights under the Military Lending Act, please call 000-000-0000 and mention Military Lending Act.
Military Lending Act Disclosure. If you are a “covered borrower” as defined in the Military Lending Act and applicable regulations, the following disclosure applies to you: Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). Please call us at (000) 000-0000 to receive disclosures concerning your payment obligations under this Agreement.
Military Lending Act Disclosure. The federal Military Lending Act (“MLA”) provides important protections for certain members of the Armed Forces and their dependents (“Covered Borrowers”) relating to extensions of consumer credit. The following provisions of this Section 40 apply only to Covered Borrowers. Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). In order to hear important disclosures and payment information about the account of a Covered Borrower, you may call 1-855- 000-0000. The Arbitration Provision set forth in Section 41 of this Agreement does not apply if you are a Covered Borrower.
Military Lending Act Disclosure. Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). You can call toll free to 000-000-0000 to hear the applicable required Military Lending Act disclosures. MISCELLANEOUS PROVISIONS You also agree that: We may refuse to extend credit to you or anyone using your Account or Card(s). We will not be liable or responsible for anyone’s refusal to honor your Card(s). Each Account you have with us is separate from any others you have with us, and Interest Charges will be charged on each Account’s balance at the APR given with each Cardholder Agreement. Each individual Account will be designated by an individual Account number. Your Card(s) are Commerce Bank property. We may change the premium enhancements offered at any time without further notice to you. Merchants with whom you’ve shared your Account number may be updated with new Account information to ensure the continuation of your payment agreement. You will not use your Card(s) for any purpose that has been deemed illegal. We reserve the right to deny authorization requests from online gambling merchants, whether or not online gambling is illegal in the state in which you reside. Commerce Bank may share your Account experience and transaction information with its Affiliates, which are members of the Commerce Corporate family as defined in your Privacy Policy Notice. Unless you call 0-000-000-0000, you agree that Commerce Bank and its Affiliates may also share other information about you or your Account. You must notify us immediately at Commerce Bank, X.X. Xxx 000000, Xxxxxx Xxxx, XX 00000-0000, if you believe any information we reported to a credit reporting agency is inaccurate. SECURITY INTEREST Collateral securing other loans with us may also secure this indebtedness. CHANGES IN ADDRESS You agree to notify us immediately if you change your a...
Military Lending Act Disclosure. Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fees charged (other than certain participation fees for a credit card account).
Military Lending Act Disclosure. Federal law provides important protections to members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). You can call toll free to 000-000-0000 to hear the applicable required Military Lending Act disclosures. You may request a copy of the applicable required Military Lending Act disclosures by emailing us at xxxxxxxxxx@xxxxxxxx.xxx.
Military Lending Act Disclosure. Federal law provides active duty members of the armed forces or those on active Guard or Reserve duty or dependents of such members as defined by 10 U.S.C. §1072 certain protections. Your payment obligations are provided within this Agreement. Home Credit hereby disclaims and waives provisions in this document requiring such members and eligible dependents to: (i) waive the right to consumer protection law, including the Servicemembers Civil Relief Act; (ii) submit to mandatory arbitration; and (iii) establish an allotment to repay the obligation. Except as explicitly amended by this section, all of the terms and conditions of the Agreement shall remain in full force and effect. Pursuant to the Military Lending Act (10 U.S.C. §987, “MLA”) and the implementing Department of Defense (“DoD”) regulation (32 C.F.R. §232.1 et seq.), we must provide you with the following disclosure in writing: MILITARY ANNUAL PERCENTAGE RATE DISCLOSURE Federal law provides important protections to active duty members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). Pg. 8 If you have any questions regarding this information or need to verify your notify us for inclusion in these protections, please contact us at (000) 000-0000. To ascertain whether you are a covered borrower for purposes of the MLA’s protection, we will utilize either the MLA database maintained by the DoD or consumer reports from a nationwide credit reporting agency.
Military Lending Act Disclosure. Federal law provides important protections to active duty members of the Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a card account). To hear this same disclosure and for a general description of your payment obligations for this Account, call the following toll-free number: 0-000-000-0000. If you are a “covered borrower” under the Military Lending Act, which generally includes an active duty servicemember or dependent of a servicemember and is defined at 32 CFR § 232.3, (i) then you are not bound by the Arbitration Agreement set forth below or the waivers in the “No Waiver of Rights” section below, and (ii) notwithstanding anything to the contrary in this Agreement, to the extent required by the Military Lending Act, nothing in this agreement will be deemed a waiver of your right to legal recourse under any otherwise applicable provision of state or federal law.
