Common use of Payment Guarantee Clause in Contracts

Payment Guarantee. If a properly scheduled payment is not received and posted on time by the payee, we will attempt to have any late fees or assessed finance charges removed. Note that finance charges are calculated based on your payment amount rather than your entire balance. If the payee is unwilling or unable to remove the charges incurred, we will pay the fees and finance charges directly to the payee. In addition, we will attempt to have your account noted appropriately to ensure that the situation does not negatively impact your credit rating.

Appears in 3 contracts

Samples: Online Agreement and Electronic Funds Transfer (Eft) Disclosure, Online Agreement and Electronic Funds Transfer (Eft) Disclosure, Osfcu Mobile Deposit Agreement Addendum

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Payment Guarantee. If a properly scheduled payment is not received and posted on time by the payee, we will attempt to have any late fees or assessed finance charges removed. Note that finance (Finance charges are calculated based on your payment amount rather than your entire balance. .) If the payee is unwilling or unable to remove the charges incurredthem, we will pay the fees and finance charges directly to the payee. In addition, we will attempt to have your account noted appropriately to ensure that the situation does not negatively impact your credit rating.

Appears in 1 contract

Samples: Cu Ipay (Bill Pay) Service Agreement

Payment Guarantee. If a properly scheduled payment is not received and posted on time by the payee, we will attempt to have any a ny late fees or assessed finance charges removed. Note that finance (Finance charges are calculated based on your payment amount rather than your entire balance. .) If the payee is unwilling or unable to remove the charges incurredthem, we will pay the fees and finance charges directly to the payee. In addition, we will attempt to have your account noted appropriately to ensure that the situation sit uation does not negatively impact your credit rating.

Appears in 1 contract

Samples: Cu Ipay (Bill Pay) Service Agreement

Payment Guarantee. If a properly scheduled payment is not received and posted on time by the payee, we will attempt to have remove any late fees or assessed finance charges removedcharges. Note that finance (Finance charges are calculated based on your payment amount rather than your entire balance. .) If the payee is unwilling or unable to remove the charges incurredthem, we will pay the fees and finance charges directly to the payee. In addition, we will attempt to have add a note of explanation to your account noted appropriately to ensure that the situation does not negatively impact your credit rating.. The Payment Guarantee applies to late fees and/or finance charges associated with the late posting of a payment, provided that the following conditions are met:

Appears in 1 contract

Samples: Home Banking & Bill Payment Agreement

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Payment Guarantee. If a properly scheduled payment is not received and posted on time by the payee, we will attempt to have any late fees or assessed finance charges removed. Note that finance (Finance charges are calculated based on your payment amount rather than your entire balance. .) If the payee is unwilling or unable to remove the charges incurredthem, we will pay the fees and finance charges directly to the payee. In addition, we will attempt to have your account noted appropriately to ensure that the situation does not negatively impact your credit rating.

Appears in 1 contract

Samples: Membership and Account Agreement

Payment Guarantee. If a properly scheduled payment is not received and posted on time by the payee, we will attempt to have any late fees or assessed finance charges removed. Note that finance (Finance charges are calculated based on your payment amount rather than your entire balance. .) If the payee is unwilling or unable to remove the charges incurredthem, we will pay the fees and finance charges directly to the payee. In addition, we will attempt to have your account noted appropriately to ensure that the situation does not negatively impact your credit rating. (NOTE: Please refer to your Electronic Funds Transfer Disclosure for important information on the limitations of reimbursable fees and finance charges.)

Appears in 1 contract

Samples: Online Banking Agreement and Electronic Funds Transfer (Eft) Disclosure

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