b'CONSUMER PAPER/ RETAIL CHARGE AGREEMENT/ SECURITY AGREEMENT\n\nUN46-R\n\nPreferred Credit, Inc. \xe2\x80\x93 628 Roosevelt Road, St. Cloud, MN 56301 ZIP Line: 877-878-1079 Customer Service: 800-972-0825\n\nIFYOU ARE MARRIED, YOU MAY APPLY FOR CREDITSEPARATELY AS AN INDIVIDUAL.\nTYPE OF CREDIT REQUESTED (CHECK APPROPRIATE BOX):\n\xe2\x9d\x91 INDIVIDUAL \xe2\x80\x93 IN YOUR NAME,RELYING ON YOUR OWN INCOME. COMPLETE BUYERINFORMATION.\n\xe2\x9d\x91 JOINT\xe2\x80\x93 WITHANOTHERPERSON. COMPLETE BUYER AND CO-BUYERINFORMATION.\n\nVerify Customer\xe2\x80\x99s\nGovernment Issued I.D.\nLast Name\n\nApplicant\xe2\x80\x99s Driver\xe2\x80\x99s License/I.D. #\n\nWE INTEND TO\nAPPLY FOR\nJOINT CREDIT\n\n________________\nAPPLICANT/\nBUYERINITIALS\n\nCo-Applicant\xe2\x80\x99s Driver\xe2\x80\x99s License/I.D. #\nFirst Name\n\nMiddle Init.\n\nDate of Birth\n\nPCI Client No.\n\nState\n\nExpiration Date\n\nState\n\nExpiration Date\n\n**** APPLICANT INFORMATION ****\nSocial Security #\n\nHome Phone #\n\nCell Phone #\n\nApt./Lot # Mailing Address (If different from Physical Address)\n\nCity/State\n\n\xe2\x9d\x91 Full-Time\n\xe2\x9d\x91 Part-Time\n\nPCI Consumer Account No.\n\n**** IDENTIFICATION VERIFICATION ****\n\nPhysical Address\n\nPrimary Income Type\n\n__________________\nCO-APPLICANT/\nCO-BUYERINITIALS\n\nZIP\n\n\xe2\x9d\x91 Self-Employed\n\xe2\x9d\x91 Retired\n\nEmployer/Primary Source of Income\n\nYears There\n\nOther Income Type(s) (Check ALL that apply): Alimony, child support and maintenance payments need not be disclosed if you do not wish\n\nMonthly Gross Income\n\n\xe2\x9d\x91 Military Pay Grade ______________________\n\xe2\x9d\x91 Other_________________________________ $\n______\n\nJob Title\n\nEmail Address\n\nus to consider them in determining your credit worthiness.\n\nYears There\n\nMonthly Gross Other Income\n\n_______________ \xe2\x9d\x91\n\xe2\x9d\x91\nBusiness Ext. \xe2\x9d\x91\n_\n\xe2\x9d\x91\n\nEmployer Phone\n\nEmployer Location (City, State)\n\nFull-Time \xe2\x9d\x91 Self-Employed \xe2\x9d\x91 Military Pay Grade ___________________________\nPart-Time \xe2\x9d\x91 Retired\n\xe2\x9d\x91 Other______________________________________ $\nMonthly\nHousing Payment\n_______________\nOWNS\n\xe2\x9d\x91 RENTS\n\xe2\x9d\x91 HOUSE \xe2\x9d\x91 APT \xe2\x9d\x91 CONDO\nPROVIDED \xe2\x9d\x91 OTHER\n\xe2\x9d\x91 MOBILE \xe2\x9d\x91 LIVES WITH FAMILY\n$ _\nBank Accounts\n_________________\n\xe2\x9d\x91 CHECKING\n\xe2\x9d\x91 SAVINGS\nPlease Check ALL that Apply:\n\n}\n\n_\n\nCO-APPLICANT INFORMATION: \xe2\x9d\x91 SPOUSE \xe2\x9d\x91 CO-BUYER; RELATIONSHIP: _________________________________________________________\nLast Name\n\nFirst Name\n\nMiddle Init.\n\nDate of Birth\n\nPhysical Address\n\nSocial Security #\n\nHome Phone #\n\nApt./Lot # City/State\n\nPrimary Income Type\n\n\xe2\x9d\x91 Full-Time \xe2\x9d\x91 Self-Employed \xe2\x9d\x91 Military Pay Grade __________________________\n\xe2\x9d\x91 Part-Time \xe2\x9d\x91 Retired\n\xe2\x9d\x91 Other_____________________________________\n\nZIP\n\nYears There\n\nOther Income Type(s) (Check ALL that apply): Alimony, child support and maintenance payments need not be disclosed if you do not wish\n\nMonthly Gross Income\n\nus to consider them in determining your credit worthiness.\n\n$\n\nEmployer/Primary Source of Income\n\nYears There\n\nJob Title\n\nUN46-R\n\nCell Phone #\n\nMonthly Gross Other Income\n\n\xe2\x9d\x91 Full-Time \xe2\x9d\x91 Self-Employed \xe2\x9d\x91 Military Pay Grade ___________________________\n\xe2\x9d\x91 Part-Time \xe2\x9d\x91 Retired\n\xe2\x9d\x91 Other______________________________________ $\nBusiness Ext. \xe2\x9d\x91 OWNS\nMonthly\nHousing Payment\n_______________\n\xe2\x9d\x91 RENTS\n\xe2\x9d\x91 HOUSE \xe2\x9d\x91 APT \xe2\x9d\x91 CONDO\n\xe2\x9d\x91 PROVIDED \xe2\x9d\x91 OTHER\n\xe2\x9d\x91 MOBILE \xe2\x9d\x91 LIVES WITH FAMILY\n$ _\nBank Accounts\n_________________\n\xe2\x9d\x91 CHECKING\n\xe2\x9d\x91 SAVINGS\nPlease Check ALL that Apply:\n\n}\n\nEmployer Phone\n\nEmployer Location (City, State)\n\n(1) Name of Nearest Relative Not Living With You\n\nCity/State\n\n(2) Name of Nearest Relative Not Living With You\n\nCity/State\n\n**** REFERENCES ****\n\n_\n\nRelative\xe2\x80\x99s Phone\n\nRelationship\n\nRelative\xe2\x80\x99s Phone\n\nRelationship\n\n1. By signing below you (a) apply for credit; (b) agree that, to the best of your knowledge, all information contained in the application above is complete and accurate; (c) recognize that we may obtain\nconsumer reports on you in connection with your application and may obtain and use subsequent reports in connection with an update, renewal or extension of credit for which you may apply, and other\nuses not prohibited by law; (d) expressly authorize any third party (i.e. creditor, bank, or financial institution; employer; landlord; etc.) to release whatever information that we may request concerning you; (e)\nagree that we may monitor and record telephone calls regarding your account for quality assurance and for other reasons not prohibited by law; (f) expressly consent and agree to us using written, electronic\nor verbal means to contact you as not otherwise prohibited by law including, but not limited to, contact by manual calling methods, prerecorded or artificial voice messages, text messages, emails, and/or\nautomatic dialing systems and do so using any email address or telephone number you provide, now or in the future, including a number for a mobile phone or other wireless device regardless of whether\nyou may incur charges as a result; (g) acknowledge that the terms and conditions of this Agreement is subject to credit approval; (h) acknowledge that Interest Charges will be imposed in amounts or rates\nnot in excess of those permitted by law; (i) acknowledge this instrument is based upon a home solicitation sale, which is subject to the provisions of the Home Sale Disclosure law set forth under Additional\nTerms and Disclosures in paragraph 17 \xe2\x80\x9cHome Sale Disclosure Laws\xe2\x80\x9d; (j) grant us a purchase money security interest in the goods you purchase under this Agreement which are described in any order,\ninvoice or similar document issued by the Seller (as provided below) which becomes part of this Agreement; (k) acknowledge that this instrument is not negotiable; and (l) acknowledge that you are receiving\nthe Retail Charge Agreement: Additional Terms and Disclosures. The Additional Terms and Disclosures are in effect on the date of execution and incorporated herein.\n2. Where Delaware is the Applicable Law: Service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month.\n3. Where Arizona is the Applicable Law: This instrument is based on a home solicitation sale, which is subject to the provisions of title 44, chapter 15. This instrument is not negotiable.\nNOTICE TO BUYER: (a) Do not sign this Agreement before you read it or if any spaces intended for the agreed terms are left blank. (b) You are entitled Your initial(s) below mean that (a) you have\nto an exact copy of this Agreement at the time you sign it. (c) You may at any time pay off the full unpaid balance under this Agreement. (d) BUYER\xe2\x80\x99S read and understand the terms and\nRIGHT TO CANCEL: If Iowa, New Hampshire, Washington or Wyoming is the Applicable Law, you may cancel any purchases made under this conditions as set forth on all 6 pages of this\nAgreement if the seller or his representative solicited in person such purchase, and you sign an agreement for such purchase, at a place other than the Agreement; (b) you agree to the terms of\nseller\'s business address shown on this Agreement, by sending notice of such cancellation by certified mail return receipt requested to the seller at his this Agreement; and (c) you will pay any\naddress shown on this Agreement, which notice shall be posted not later than midnight of the third day (excluding Sundays and holidays) following advances made under this Agreement\nyour signing of the purchase agreement. If you choose to cancel the purchase, you must return or make available to seller at the place of delivery any according to its terms.\nmerchandise, in its original condition, received by you under the purchase agreement. See the notice of cancellation in your copy of the Charge Slip. If\nArizona or North Dakota is the Applicable Law, the seller has no right to unlawfully enter your premises or commit any breach of the peace to repossess\ngoods purchased under this Agreement. If New Hampshire is the Applicable law: ANY BUYER MAY CANCEL THIS TRANSACTION ANY TIME PRIOR\nTO MIDNIGHT OF THE THIRD BUSINESS DAY AFTER THE DATE OF THIS TRANSACTION. Your signatures below mean that you have received a\ncompletely filled in copy of this Agreement. Keep this Agreement to protect your legal rights.\n\nX\n\nDate\n\nBuyer\xe2\x80\x99sSignature\nSELLER:\nCompanyName:\n\n/\n\n/\n\nX\n\nDate\n\nCo-Buyer\xe2\x80\x99sSignature\nSALE:\nSales Representative:\n\nSales Representative\xe2\x80\x99s Initials:\n\n/\n\n/\n\nBUYERIINITIALS\nPROMOTIONALCREDITPLAN(ifapplicable):\n\nCO-BUYERIINITIALS\n\nAddress:\n\nAUTHORIZATION FOR PREAUTHORIZED PAYMENTS\n\nBy signing below, I hereby request and authorize Preferred Credit, Inc. (PCI) to initiate entries to debit my account on the due date for the minimum monthly payment amount shown on my monthly periodic\nstatement of account (or the next business day if the due date falls on a weekend or holiday) and as otherwise described below. This authority is to remain in full force and effect until PCI is paid in full, or PCI has\nreceived written notification of its termination at 628 Roosevelt Road, St. Cloud, MN 56301 or I have notified my financial institution at least three business days before the scheduled payment. In addition to the\npayment amount, I request and authorize PCI to initiate entries to debit my account to collect any incidental fees or charges that may be due on the Agreement following maturity, as permitted by applicable law.\nBank/Financial Institution Name:\nCheckWhichOneApplies:\n\n\xe2\x9d\x91 CHECKING \xe2\x9d\x91 SAVINGS\n\nName (Print):\n\nLocation (City, State, Zip):\nRouting Number:\n\nAccount Number:\nSignature:\nPage1of6\n\n\x0cFACTS\nWhy?\n\nCUSTOMER PRIVACY\n\nWHAT DOES PREFERRED CREDIT, INC. (\xe2\x80\x9cPCI\xe2\x80\x9d) DO WITH YOUR PERSONAL INFORMATION?\n\nRev. 10/19\n\nFinancial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires\nus to tell you how we collect, share and protect your personal information. Please read this notice carefully to understand what we do.\nThe types of personal information we collect and share depend on the product or service you have with us. This information can include: (1) Social Security Number and\nWhat?\nincome; (2) account balances and payment history; and (3) credit history and credit scores.\nAll financial companies need to share customers\xe2\x80\x99 personal information to run their everyday business. In the section below, we list the reasons financial companies can\nHow?\nshare their customers\xe2\x80\x99 personal information; the reasons PCI chooses to share; and whether you can limit this sharing.\nReasons we can share your personal information\nDoes PCI share?\nCan you limit this sharing?\nFor our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court\nYes\nNo\norders and legal investigations, or report to the credit bureaus\nFor our marketing purposes - to offer our products and services to you\nYes\nNo\nFor joint marketing with other financial companies\nNo\nWe don\xe2\x80\x99t share\nFor our affiliates\xe2\x80\x99 everyday business purposes - information about your transactions and experiences\nNo\nWe don\xe2\x80\x99t share\nFor our affiliates\xe2\x80\x99 everyday business purposes - information about your creditworthiness\nNo\nWe don\xe2\x80\x99t share\nFor our affiliates to market to you\nNo\nWe don\xe2\x80\x99t share\nFor nonaffiliates to market to you\nYes\nYes\nTo limit our Complete the opt-out election form below.\nsharing\nPlease note: If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we\ncontinue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.\nQuestions? Call 320-255-9784 or go to www.preferredcredit.com\n\nWhat we do\n\nHow does PCI protect my personal information? - To protect your personal information from unauthorized access and use, we use security measures that comply with federal law.\nThese measures include computer safeguards and secured files and buildings. We continually evaluate and access new technology for protecting your nonpublic personal information.\nHow does PCI collect my personal information? - We collect personal information, for example, when you (1) apply for financing or give us your contact information; (2) provide account\ninformation or pay your bills; and (3) show your government-issued ID. We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.\nWhy can\xe2\x80\x99t I limit all sharing? - Federal law gives you the right to limit only (1) sharing for affiliates\xe2\x80\x99 everyday business purposes (i.e. information about your creditworthiness); (2) affiliates\nfrom using your information to market to you; and (3) sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. See below\nfor more on your rights under state law.\nWhat happens when I limit all sharing for an account I hold jointly with someone else? - Your choices will apply to everyone on your account unless you tell us otherwise.\n\nDefinitions\nAffiliates - Companies related by common ownership or control. They can be financial or nonfinancial companies. PCI does not share with our affiliates.\n\nNonaffiliates - Companies not related by common ownership or control. They can be financial and nonfinancial companies. Nonaffiliates we share with can include direct marketing\ncompanies and the retailer named on your account.\nJoint Marketing - A formal agreement between nonaffiliated financial companies that together market financial products or services to you. PCI does not jointly market.\n\nOther Important Information\n\nWe follow state law if state law provides you with additional privacy protections.\nMark if you wish to limit how we share your personal information with nonaffiliates:\nApplicant Co-Applicant\n\xe2\x9d\x91\n\xe2\x9d\x91\nDo not share my personal information with nonaffiliates to market their products and services to me.\nAssignment by Seller (\xe2\x80\x9cAssignment\xe2\x80\x9d): FOR VALUE RECEIVED: Seller sells and assigns this Retail Charge Agreement (the \xe2\x80\x9cAgreement\xe2\x80\x9d) to Preferred Credit, Inc., 628 Roosevelt Rd.,\nSuite #100, St. Cloud, MN 56301, the assignee, its successors and assigns, including all of Seller\xe2\x80\x99s rights, title, and interest in this Agreement. Assignee has full power to take all legal and other\nactions, which Seller could have taken under this Agreement. The undersigned acknowledges that this Assignment incorporates by reference the terms of the Finance Agreement between\nthe undersigned and Preferred Credit, Inc. including but not limited to the representations, warranties, liabilities, conditions and obligations of the undersigned contained therein.\n.\n\nOpt-out\nElection\n\n(Corporate, Firm or Trade Name of Seller)\n(Owner, Officer or Firm Member)\n\nTHIS DOCUMENT IS SUBJECT TO A SECURITY INTEREST IN FAVOR OF US BANK NATIONAL ASSOCIATION.\n\nREVISED 10-01-2020 PRINTED 00-00-2020\n\xc2\xa9 1990-2020 Preferred Credit, Inc. ALL RIGHTS RESERVED. Duplication of this document without the copyright owner\xe2\x80\x99s prior written consent is strictly prohibited.\n\nUN46-R\nPage2of6\n\n\x0cRETAIL CHARGE AGREEMENT: ADDITIONAL TERMS AND DISCLOSURES\nIMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT: To help the government fight the funding of terrorism and money laundering activities, Federal\nlaw requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will\nask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver\'s license or other identifying documents.\n\nInterest Rates and Interest Charges\nAnnual Percentage Rate (APR) for\nPurchases\nHow to Avoid Paying Interest\nMinimum Interest Charge\n\nFor Credit Card Tips from the Consumer\nFinancial Protection Bureau\n\nFees\n\n21% 21.99%.\n\nVaries by State, from\nto\nSee your account agreement for more details.\nYour due date is at least 25 days after the close of each billing cycle. We will not charge you any interest on purchases if you pay your\nentire balance by the due date each month or such time as Applicable Law allows. See your account agreement for more details.\nIf you are charged interest the charge will be no less than an amount that varies by State between $0.00 and $1.00. See your account\nagreement for more details.\nTo learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer\nFinancial Protection Bureau at http://www.consumerfinance.gov/learnmore.\n\nTransaction Fees\nNone.\nPenalty Fees\nVaries by State, from (a) $0 to (b) up to $35. See your account agreement for more details.\n\xe2\x80\xa2 Late Payment\n\xe2\x80\xa2 Return Payment\nVaries by State, from (a) $0 to (b) up to $35. See your account agreement for more details.\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9caverage daily balance (including new purchases)\xe2\x80\x9d unless Applicable Law does not prohibit a method called the \xe2\x80\x9cdaily\nbalance method.\xe2\x80\x9d See your account agreement for more details.\nBilling Rights: Information on your rights to dispute transactions and how to exercise those rights is provided in your account agreement.\n1. Definitions: In this Retail Charge Agreement (\xe2\x80\x9cAgreement\xe2\x80\x9d): The word \xe2\x80\x9cAccount\xe2\x80\x9d refers to the account that is established with the Seller, and their successors or assigns, that is the subject\nof this Agreement. The words \xe2\x80\x9cyou\xe2\x80\x9d and \xe2\x80\x9cyour\xe2\x80\x9d refer to each individual who signs the Application for the Account, and who is authorized to use the Account. The words \xe2\x80\x9cwe,\xe2\x80\x9d \xe2\x80\x9cus\xe2\x80\x9d and \xe2\x80\x9cour\xe2\x80\x9d refer\nto the Seller, and any assignee of the Seller. The words \xe2\x80\x9cAcceptable Documentation\xe2\x80\x9d shall refer to Charge Slips, phone orders, or orders from our website, so long as such orders are signed\n(physically or electronically) or otherwise verbally or electronically authenticated. The words \xe2\x80\x9cApplicable Law\xe2\x80\x9d shall mean federal law and the laws of the state, commonwealth, or territory of\nyour residence, as indicated in the \xe2\x80\x9cApplicant\xe2\x80\x9d portion of your application for this Account (if Maryland, you and we agree that Maryland law includes specifically Title 12, Subtitle 9, Maryland\nCommercial Law Article-Credit Grantor Revolving Credit Provisions) and the state in which this Account is operated. You and we agree that these Applicable Laws apply to this Agreement.\nThe words \xe2\x80\x9cCharge Slip\xe2\x80\x9d refer to the document describing the type, quantity and agreed price of merchandise you buy from the Seller.\n2. Account: This Agreement applies to your retail charge purchase of goods and services from us. The amount of your initial purchase from Seller will govern the amount of the initial credit\nlimit on your Account, which will be set at a higher amount than the cost of the goods purchased based on our expectation that you will use the Account to make additional purchases. You\nmay make add-on purchases from the Seller or Seller\'s assigns which will be evidenced by Acceptable Documentation. Acceptable Documentation must provide the cash price of the\nmerchandise purchased. By signing future Acceptable Documentation you agree those purchases thereby confirmed will be subject to this Agreement. You agree that add-on orders which\nexceed the credit limit established with your initial order are subject to credit approval. We reserve the right to deny authorization for any requested credit limit increase.\n3. Promise to Pay: In return for extending credit to you on this Account from time to time, each of you agrees to pay for all purchases any of you charge on this Account, and all other charges\nmentioned below, according to the terms of this Agreement. When you sign the application for this Account, you will be agreeing to the terms and conditions in this Agreement, which include\nthe cost of credit disclosures required by Applicable Law. This Agreement will not be effective until we approve your Application and we or our assignee provides any disclosures required by\nthe federal Truth in Lending Act, and then, after that, only if you or someone authorized by you sign a Charge Slip or otherwise charge a purchase to this Account.\n4. Billing: You will be billed monthly for credit purchases from us, as shown on a Charge Slip signed by you (or completed at your direction), and for any previous unpaid balance as required\nby Applicable Law. You will receive a monthly periodic statement of account for any month in which you have an outstanding balance of more than $1.00 or on which an Interest Charge has\nbeen imposed. In Alaska, Illinois, Michigan, Missouri, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, Tennessee or Washington, you will receive a monthly periodic statement of\naccount if you have an outstanding balance. In Delaware and Kentucky, you will receive a monthly periodic statement of account. Your monthly periodic statement of account will show your\nnew unpaid balance, any new purchases you have made since your last monthly periodic statement of account, and your Minimum Monthly Payment. Your credit limit will also be shown on\nyour monthly periodic statement of account. In Kentucky, your monthly periodic statement of account will show the unpaid balance due under this Agreement at the beginning and at the end\nof the month, a description of the goods or services purchased during the month, including the cash price and date of each purchase, the amount, if any, of any Interest Charges for such\nmonth, and a notice to the effect that you may pay the outstanding balance in full or in part at any time.\n5. Payment: You have the right to pay your entire balance in full or more than the Minimum Monthly Payment at any time. Otherwise, you agree to pay at least the Minimum Monthly\nPayment, which includes Interest Charges. You must make payment in U.S. Dollars, with a draft, money order, or check drawn on a U.S. Bank or the U.S. Post Office. We may accept late\npayment, partial payments, or any payments marked \xe2\x80\x9cpayment in full,\xe2\x80\x9d without losing any of our rights under this Agreement or Applicable Law.\n6. Interest Charges: Unless you are offered a Promotional Credit Plan as described below, and as not prohibited by Applicable Law, Interest Charges will begin to accrue upon delivery of the\nmerchandise you purchase. Delivery occurs upon the earlier of the date of shipment of the merchandise, or the date of hand delivery of the merchandise. No Interest Charges will be imposed\non new purchases, however, if: (a) there was no outstanding balance under your Account at the beginning of the billing period in which the purchase was made (which includes the period in\nwhich you make your initial purchase of merchandise under this Agreement), and (b) you pay off your Account in full by the payment due date reflected in the monthly periodic statement of\naccount for that billing period (though no payment may be due). We figure the Interest Charge on your Account by applying a daily periodic rate to the \xe2\x80\x9caverage daily balance\xe2\x80\x9d of your Account\n(including current transactions) and multiplying the result by the number of days in the billing period. To get the \xe2\x80\x9caverage daily balance\xe2\x80\x9d we take the beginning balance of your Account each\nday, add any new purchases, and subtract any payments or credits. This gives us the daily balance. Then, we add up all the daily balances for the billing cycle and divide the total by the\nnumber of days in the billing cycle. This gives us the \xe2\x80\x9caverage daily balance.\xe2\x80\x9d Your daily periodic rate and the corresponding Annual Percentage Rate are indicated in the chart below. The\ndaily periodic rate will be the annual rate divided by 365(366 in a leap year).\nApplicable\nDaily\nCorresponding\nLaw\nPeriodic Rate\nANNUAL PERCENTAGE RATE\nCO, GA, IN, LA, MS, OK, TN, WY\n0.0575%\n21%\nAK, AZ, DE, ID, IA, IL, KS, KY, MD, MI, MO, MT, NH, ND,\n0.0603%\n21.99%\nNM, NV, NJ, OR, PA, SC, SD, UT, VA, WA\nNotwithstanding the above, in Colorado, Delaware, Georgia, Idaho, Illinois, Kentucky, Michigan, Nevada, New Hampshire, North Dakota, Oregon, Tennessee, Virginia and Washington, we\nfigure the Interest Charge on your Account by applying the daily periodic rate to the \xe2\x80\x9cdaily balance\xe2\x80\x9d of your account for each day in the billing cycle. To determine the daily balance, we take\nthe beginning balance each day, add any new charges posted that day, and subtract any payments and credits posted that day. This gives us the daily balance. Then, we calculate the\namount of interest charged by multiplying the applicable daily periodic rate by each daily balance on your account. Your Interest Charge for the billing cycle is the sum of the interest amounts\nthat were charged each day during the billing cycle. In Michigan, the Annual Percentage Rate indicated in the above chart is the maximum amount and rate of the time price differential to be\ncharged and paid under this Agreement. Notwithstanding the above, in Virginia, if we receive payment in full for the unpaid balance on your Account prior to the date we next send a billing\nstatement, no additional Interest Charges will be imposed for the current billing period. Notwithstanding the above, in Mississippi, if we receive payment in full for the outstanding balance of\nyour Account, as shown on the billing statement, within one month from the date of the billing statement, we will not impose Interest Charges on the new purchases appearing on that billing\nstatement. The portion of any balance arising from the sale of goods which are returned will be excluded from the unpaid balance as of the date the goods are returned.\n7. Minimum Monthly Interest Charge: As not prohibited by Applicable Law, if the Interest Charge that results from the application of the above stated daily periodic rate (the \xe2\x80\x9cCalculated\nInterest Charge\xe2\x80\x9d), is less than $0.50, we will impose a minimum monthly INTEREST CHARGE of $0.50. In Michigan, Missouri and Tennessee, if the Calculated Interest Charge is less than\n$0.70, we will impose a minimum monthly INTEREST CHARGE of $0.70. In Delaware, Georgia, Pennsylvania and Washington, if the Calculated Interest Charge is less than $1.00, we will\nimpose a minimum monthly INTEREST CHARGE of $1.00. In Kentucky and Maryland, we will not impose a minimum monthly Interest Charge.\n8. Minimum Monthly Payment: You will make payments of at least the total Minimum Monthly Payment each month as required by our monthly periodic statements of account. Your total\nMinimum Monthly Payment will consist of: (1) any past due amounts, and (2) a regularly scheduled Minimum Monthly Payment. The regularly scheduled Minimum Monthly Payment will be\nthe greater of: (a) $25; or (b) the highest regularly scheduled Minimum Monthly Payment shown on any Charge Slip you execute, not to exceed 3.5% of the Account balance immediately\nfollowing the first or any subsequent purchase on your Account.\n9. Promotional Credit Plans: In addition to purchases that accrue Interest Charges and require monthly payments as described previously in this Agreement, as part of this Account,\nPromotional Credit Plans may be offered from time to time on specific additional purchases for qualified buyers. Purchases made under these Promotional Credit Plans may have different\ninterest charge calculations and required minimum payments. A Promotional Credit Plan is strictly limited by its terms and the terms and conditions of the special promotion to which it relates.\nIn addition, the benefits of a Promotional Credit Plan will expire and all accrued Interest Charges in these plans will be added to your Account if you fail to pay the promotional balance by the\nend of the promotional period or you are in default for a period of 60 or more days during the promotional period. The special promotions that may be offered include:\nPage3of6\n\n\x0c9.a. Same as Cash Plan: If you pay the full purchase price before the expiration date of a Same as Cash Plan, as indicated on your monthly periodic statement of account, and pay the\nMinimum Monthly Payment each billing period when due, no Interest Charges will be imposed on the purchase. If such payments are not made, Interest Charges from the date of delivery will\nbe added to your Account either when you fail to make a payment within 60 days of the due date or, at the end of the Same as Cash Plan period if any portion of the promotional balance\nremains outstanding.\n9.a.1. How Payments Are Applied When Same as Cash Plan Is In Effect: Unless otherwise required by Applicable Law, during the two billing cycles immediately preceding expiration of\nthe Same as Cash Plan period, any amount paid in excess of the minimum payment due will be allocated first to the balance subject to the Same as Cash Plan and any remaining portion to\nany other balances. We may offer Same as Cash Plan periods of 6 months, 9 months, 12 months or of different lengths that we will announce from time to time.\n10. Application of Payments: Unless otherwise required by Applicable Law, payments except down payments, shall be applied first to past due Minimum Monthly Payments, beginning with\nthe oldest, then to the current Minimum Monthly Payment, and then to other unpaid late fees, costs and fees arising under this Agreement. In Colorado and Indiana: For purposes of assessing\ndelinquency charges, payments first will be applied to the current payment due in the payment period in which the payment is received and then to delinquent installments. Mississippi:\nPayments will first be applied to any finance charge, next to repayment of cash advanced or other credit extended, and finally to the chronological repayment of purchases.\n11. Other Charges:\n11.a. Late Fees: Except in Delaware and New Mexico, you will pay the maximum late fee allowed (which you agree we will add to the balance due on your Account) for payments not made\non time, calculated as Applicable Law allows. Except in Alaska, Iowa, Maryland, Nevada, Oregon, Pennsylvania, Utah and Virginia (7 days), the statutory time period for the imposition of a\nLate Fee is 10 days after the due date (\xe2\x80\x9cDue Date\xe2\x80\x9d) for each payment not received on the scheduled Due Date. Currently, Applicable Law provides for the late fees provided in the table below:\nAZ, KS, MO\n$10, $5 when the monthly payment is less than $25\nNJ\n$10\nCO\n$15\nAK, MD, MI, MS, NV, NH, ND, OR, PA, SD, TN\n$20\nGA, IN (The amount of the late fee is subject to change as allowed by Ind. Code \xc2\xa724-4.5-1-106.), WA\n$25\nIA\n$30\nIL (minimum $10), KY (minimum $10), VA\n5% of the installment\nID (minimum $15), LA (minimum $10), OK (minimum $26.50), SC (minimum $8.40, maximum $21), UT (minimum $30), WY\n5% of the unpaid amount of the installment\n(minimum $10)\nMT\n15% of the installment\nNotwithstanding anything to the contrary above, if the late fee as calculated above would exceed $25, you will not be charged more than $25 for the first violation, or $35 for any violation\noccurring within six billing cycles of a previous late payment. In addition, regardless of the amounts reflected above, you will not be charged more than the amount of the required minimum\nperiodic payment due immediately prior to the assessment of the late payment fee.\n11.b. Returned Check Charge: Except in New Mexico, Pennsylvania and Wyoming, you will pay a returned check charge (which you agree we will add to the balance due on your Account)\nif any check, negotiable order of withdrawal, share draft, or item you give us for payment under the Agreement is dishonored for any reason by the bank or other institution on which it is drawn.\nWe will impose the maximum returned check charge as Applicable Law allows of which the current returned check charge is provided in the table below:\nKS\n$10\nMD (on the second presentment), MO (plus bank charges)\n$15\nID, NJ, UT\n$20\nAZ (plus bank charges), CO, IL, IN, MI ($35 if not paid within 7 days of notice of dishonor), NV, OK\n$25\nIA, MT, SC, TN\n$30\nAK, DE, KY, MS (a separate demand will be made), NH, ND, OR, SD, VA, WA\n$35\nGA (minimum $30 plus bank charges), LA (minimum $25)\n5% of the amount of the check\nNotwithstanding anything to the contrary above, if the returned check charge as calculated above would exceed $25, you will not be charged more than $25 for the first violation, or $35 for any\nviolation occurring within six billing cycles of a previously dishonored payment. In addition, regardless of the amounts reflected above, you will not be charged more than the amount of the\nrequired minimum periodic payment due immediately prior to the date on which the payment is returned or otherwise dishonored.\n11.c. Phone Payment Processing Fee: Except in Colorado, Delaware, Illinois, Indiana, Kansas, and Kentucky, you will pay the current phone payment processing fee (which you agree we\nwill add to the balance due on your Account) for each expedited payment you make by phone. Except in Iowa ($6), the current phone payment processing fee is $11.75. In Missouri, the phone\npayment processing fee will only apply to expedited payments made by credit or debit cards.\n12. Security Agreement: You grant us a purchase money security interest in each household good purchased with this Account (\xe2\x80\x9cGoods\xe2\x80\x9d) to the full extent not prohibited by Applicable Law\n(including the Uniform Commercial Code which may require that we sign, file or record one or more UCC financing statements, fixture filings or other documents to perfect or otherwise protect\nthis security interest). You will, on request, take all reasonable actions requested by us to preserve and protect the Goods and our security interest in the Goods. You also agree to take all\nreasonable actions requested by us to establish, determine the priority of, perfect, continue the perfection of, terminate or enforce our security interest in the Goods and our rights under this\nAgreement. In addition to other rights we may have under this Agreement, if you do not make payments as agreed, this security interest allows us to take actions not prohibited by Applicable\nLaw governing security interests in the Goods. You also agree to keep the Goods installed at the address you provided in your credit application and to not remove or alter the Goods without\nour prior written consent. You may lose the Goods if you do not meet your obligations to us under this Agreement.\n13. Default: If you fail to make any payment when due, or if the prospect of your payment, performance, or our realization of collateral is significantly impaired, to the extent not prohibited by\nApplicable Law, and subject to any notice of default and opportunity to cure required by Applicable Law, we may declare the full remaining balance immediately due and payable. We may\nalso repossess any article of merchandise in which we retain a security interest if we do so peacefully and the law allows it. Notwithstanding the preceding provisions, in the event of a late\npayment or nonpayment, we will not declare the full remaining balance immediately due and payable or repossess any article of merchandise if, within the applicable grace period identified in\nParagraph 11 above, we receive payment together with any late fees. If you fail to pay within the applicable grace period, we may, at our option, declare the full remaining balance immediately\ndue and payable, to the extent permitted by Applicable Law. Unless we are required by Applicable Law to provide you a notice of default and a right to cure, you agree that we do not have to\ngive you notice that we intend to demand or are demanding immediate payment of all you owe. If the Account is referred to an attorney who is not our salaried employee and we bring suit\nagainst you to collect the amount you owe and we are the prevailing party, you agree to pay our reasonable attorneys\xe2\x80\x99 fees and court costs not prohibited by Applicable Law. In Colorado,\nKansas, Missouri, Montana, Oklahoma, and South Carolina, attorney\xe2\x80\x99s fees for collection will not exceed 15%, 25% in Louisiana, of the unpaid debt. In New Jersey, attorney\xe2\x80\x99s fees for collection\nwill not exceed 20% of the first $500 of the unpaid debt and 10% on any unpaid debt in excess of $500. In Delaware, New Hampshire and Pennsylvania, if you prevail in any action, suit or\nproceeding we bring or in an action you bring, reasonable attorney\xe2\x80\x99s fees shall be awarded to you. If you successfully assert a partial defense, setoff, recoupment or counterclaim to an action\nbrought by us, the court may withhold from us the entire amount or such portion of the attorney\xe2\x80\x99s fees as the court deems appropriate. You also agree to pay our collection costs and costs\nincurred in taking the collateral, holding it, preparing it for sale, and selling it, as not prohibited by Applicable Law. In Iowa, North Dakota and South Dakota you will not have to pay our attorney\xe2\x80\x99s\nfees.\n14. Canceling or Reducing Your Credit Limit: We have the right at any time to limit or terminate the use of your Account and raise or lower your credit limit without giving you advance\nnotice. Some purchases will require prior authorization, in which case you may be asked to provide identification. If our authorizations system is unavailable, we may not be able to authorize\na transaction, even if you have sufficient credit. We will not be liable to you if this happens. We are not responsible for the refusal of anyone to accept or honor an addition to this Account. In\naddition, even if you cancel the use of your Account, you are still responsible for any Account balances incurred by an authorized user that remain unpaid.\n15. Change in Terms: You agree that we may amend the terms of this Agreement, subject to any notice required by Applicable Law. To the extent not prohibited by Applicable Law, any\nnew terms may be applied to any balance existing on the Account at the time of the change, as well as subsequent transactions.\n\n16. No Oral Modifications: You agree that we are not bound by any oral agreements or oral modifications to this Agreement.\n\n17. Home Sale Disclosure Laws: Home Sale Disclosure laws govern this transaction. The Home Sale Disclosure law applicable to this Agreement is determined as set forth in paragraphs\n1 and 20 of this Agreement: in Alaska, Alaska Stat. \xc2\xa7 45.02.350; Arizona, title 44, chapter 15; Colorado, Colo. Rev. Stat. \xc2\xa7\xc2\xa7 5-3-401 et seq.; Delaware, Del. Code Ann. tit. 6, \xc2\xa7\xc2\xa7 4401 et seq.;\nGeorgia, Ga. Code Ann. \xc2\xa7\xc2\xa7 10-1-1 et seq.; Idaho, Idaho Code \xc2\xa7\xc2\xa7 28-43-401 et seq.; Illinois, 815 ILCS 505/2B; Iowa, Iowa Code \xc2\xa7\xc2\xa7 555A et seq.; Indiana, Ind. Code \xc2\xa7\xc2\xa7 24-4.5-2-501 et seq.;\nKansas, Kan. Stat. Ann. \xc2\xa7 50-640; Kentucky, Ky. Rev. Stat. \xc2\xa7\xc2\xa7 367.410-367.460; Louisiana, La. Rev. Stat. \xc2\xa7\xc2\xa7 9:3538 et seq.; Maryland, Md. Code Ann., Com. Law II \xc2\xa7\xc2\xa7 14-301 et seq.;\nMichigan, Mich. Comp. Laws Ann. \xc2\xa7\xc2\xa7 445.111 et seq.; Mississippi: Miss. Code Ann. \xc2\xa7\xc2\xa7 75-66-1 et seq.; Missouri, Missouri\xe2\x80\x99s Home Solicitation Sales Law, Mo. Rev. Stat. \xc2\xa7\xc2\xa7 407.700 to\n407.720; Montana, Montana Personal Solicitation Sales Act, Mont. Code Ann. \xc2\xa7\xc2\xa7 30-14-501 et seq.; New Hampshire, N.H. Rev. Stat. Ann. \xc2\xa7\xc2\xa7 361-B:1 et seq.; New Jersey, New Jersey Doorto-Door Retail Installment Sales Act of 1968, N.J. Rev. Stat. \xc2\xa7\xc2\xa7 17:16C-61 et seq.; Nevada, Nev. Rev. Stat. \xc2\xa7\xc2\xa7 598.140 et seq.; New Mexico, N.M. Stat. Ann. \xc2\xa7 57-12-21; North Dakota, N.D.\nCentury Code \xc2\xa7\xc2\xa7 51-18-01 et seq.; Oklahoma, 14A Okla. Stat. \xc2\xa7\xc2\xa7 2-501 et seq.; Oregon, Or. Rev. Stat. \xc2\xa7\xc2\xa7 83.710 et seq.; Pennsylvania, 73 Pa. Stat. \xc2\xa7201-7; South Carolina, S.C. Code Ann.\n\xc2\xa7\xc2\xa7 37-2-501 through 506; South Dakota, S.D. Codified Laws \xc2\xa7\xc2\xa7 37-24-5.1 et seq.; Tennessee, Tenn. Code Ann. \xc2\xa7\xc2\xa7 47-18-701 et seq.; Utah, Utah Code Ann. \xc2\xa7\xc2\xa7 70C-5-101 et seq.; Virginia,\nVa. Code \xc2\xa7\xc2\xa7 59.1-21.1 et seq.; Washington, Washington\'s Credit Disclosure Act, Rev. Code Wash. \xc2\xa7\xc2\xa7 63.14.010 et seq.; Wyoming, Wyo. Stat. \xc2\xa7 40-12-104 and Wyo. Sta. \xc2\xa7\xc2\xa7 40-14-251 et\nseq.\nPage4of6\n\n\x0c18. Delay in Taking Action: We will not lose any of our rights under this Agreement if we delay taking action for any reason. To the extent allowed by law, we may take other action not\ndescribed in this Agreement, and by doing so will not lose our rights under this Agreement.\n19. Severability: If any provision of this Agreement is found to be unenforceable, all other provisions shall remain in full force and effect.\n20. Applicable Law: The law that applies to this Agreement is defined in this Agreement at paragraph 1. Definitions.\n21. Telephone Recording: You understand and agree that for our mutual protection, we may electronically record any of your telephone conversations conducted with Seller or Seller\'s\nassigns, including Preferred Credit, Inc. (PCI), without further notice to the parties to such conversations. These telephone conversations include all conversations between you and Seller or\nSeller\'s assigns communicated via traditional telephone wire and wireless devices such as cordless and cellular phones. You acknowledge and consent to the retention of and use of such\nrecordings by Seller or Seller\'s assigns, their employees, representatives and agents of all information and data obtained in any recorded conversation for purposes of settling disputes as well\nas for ongoing quality assurance programs.\n22. Communications: You expressly authorize us or our agents to contact you at any phone number (including mobile, cellular/wireless, or similar devices), fax number, or email address,\nyou provide at any time, for any lawful purpose. The ways in which we may contact you include live operator, automatic telephone dialing systems (auto-dialer), prerecorded message, text\nmessage, fax, or email. Such lawful purposes include, but are not limited to: obtaining information; account transactions or servicing-related matters; suspected fraud or identity theft; collection\non the Account; and providing information about special products and services. You agree to pay any fee(s) or charge(s) that you may incur for incoming communications from us or outgoing\ncommunications to us, to or from any such number, or email address, without reimbursement from us.\n23. Credit Investigation and Reporting: You agree that we may investigate your credit in connection with the initial extension, review, or collection of your Account. You agree that we may\nexamine employment and income records, verify your credit references, and report to credit reporting agencies, merchants, and other creditors the status and payment history of your Account.\nA negative credit report may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations.\nPlease see Applicable Law (see paragraphs 1 and 20 of this Agreement) for the following disclosures:\nWhere Arizona is the Applicable Law: NOTICE: BY GIVING US A SECURITY INTEREST IN THE MERCHANDISE, YOU WAIVE ALL RIGHTS PROVIDED BY LAW TO CLAIM THE\nPROPERTY EXEMPT FROM LEGAL PROCESS.\nColorado Notice to Cosigner\nYou are being asked to guarantee this debt. Think carefully before you do. If the borrower doesn\'t pay the debt, you will have to. Be sure you can afford to pay if you have to, and that you\nwant to accept this responsibility.\nYou may have to pay up to the full amount of the debt if the borrower does not pay. You may also have to pay late fees or collection costs, which increase this amount.\nThe creditor can collect this debt from you without first trying to collect from the borrower. The creditor can use the same collection methods against you that can be used against the borrower,\nsuch as suing you, garnishing your wages, etc. If this debt is ever in default, that fact may become a part of your credit record.\nThis notice is not the contract that makes you liable for the debt.\nOral agreements or commitments to loan money, extend credit or forbear from enforcing repayment of a debt including promises to extend or renew such debt are not\nenforceable. To protect you (borrower(s)) and us (creditor) from misunderstanding or disappointment, any agreements we reach covering such matters are contained in this\nwriting, which is the complete and exclusive statement of the agreement between us, except as we may later agree in writing to modify it.\nWhere Pennsylvania is the Applicable Law: NOTICE: Any holder of this consumer credit contract is subject to all claims and defenses which the debtor could assert against\nthe seller of goods or services obtained with the proceeds hereof. Recovery hereunder by the debtor shall not exceed amount paid by the debtor hereunder.\nWhere Louisiana is the Applicable Law: If you default, we may choose to institute executory, ordinary, or other legal proceedings to have the articles of merchandise taken from you and\nsold to satisfy your obligations to us. You confess judgment in favor of us for the full amount you owe under this Agreement for purposes of Louisiana\xe2\x80\x99s executory process procedures, and\nconsent to a judgment being rendered and signed in our favor for that amount. To the extent permitted by law, you waive any benefits of an appraisal of the articles of merchandise and other\nrights under Articles 2331, 2332, 2336, 2722, 2723, and 2724 of the Louisiana Code of Civil Procedures when the articles of merchandise is sold under executory process or other legal\nprocess, and any other law that may give you similar rights and benefits. You also authorize us to serve as keeper or appoint a keeper if the articles of merchandise is taken from you through\nlegal proceedings. If you owe us a deficiency, you may be charged interest at the Annual Percentage Rate or the highest lawful rate until you pay us all that you owe.\nARBITRATION PROVISION\nExcept in New Jersey, this Arbitration Provision significantly affects your rights in any dispute with us. Please read this Arbitration Provision carefully before you sign it.\n1. EITHER YOU OR WE MAY CHOOSE TO HAVE ANY DISPUTE BETWEEN US DECIDED BY ARBITRATION AND NOT IN COURT.\n2. IF A DISPUTE IS ARBITRATED, YOU AND WE WILL EACH GIVE UP OUR RIGHT TO A TRIAL BY THE COURT OR A JURY TRIAL.\n3. IF A DISPUTE IS ARBITRATED, YOU WILL GIVE UP YOUR RIGHT TO PARTICIPATE AS A CLASS REPRESENTATIVE OR CLASS MEMBER ON ANY CLASS CLAIM YOU\nMAY HAVE AGAINST US.\n4. THE INFORMATION YOU AND WE MAY OBTAIN IN DISCOVERY FROM EACH OTHER IN ARBITRATION IS GENERALLY MORE LIMITED THAN IN A LAWSUIT.\n5. OTHER RIGHTS THAT YOU AND WE WOULD HAVE IN COURT MAY NOT BE AVAILABLE IN ARBITRATION.\n6. EVEN IF A DISPUTE IS ARBITRATED, WE CAN STILL REPOSSESS YOUR MERCHANDISE IF YOU DO NOT HONOR YOUR AGREEMENT AND YOU OR WE MAY SEEK\nPROVISIONAL REMEDIES FROM A COURT.\nAny claim or dispute, whether in contract, tort or otherwise (including the interpretation and scope of this clause and the arbitrability of any issue), between you and us or our employees,\nagents, successors or assigns, which arises out of or relates in any manner to the purchase and financing of the merchandise under the Agreement or any resulting transaction or relationship\n(including any such relationship with third parties who do not sign the Agreement) shall, at your or our election (or the election of any such third party), be resolved by neutral, binding arbitration\nand not by a court action. Any claim or dispute is to be arbitrated on an individual basis and not as a class action, and you expressly waive any right you may have to arbitrate a class\naction (this is called the "class action waiver"). You may choose the applicable rules of either the American Arbitration Association (1-800-778-7879), JAMS (800-352-5267) or any other\nnationally recognized arbitration organization, subject to our approval, and if the arbitration organization selected by you is unwilling to serve, we shall select the arbitration organization. We\nwaive the right to require you to arbitrate an individual (as opposed to a class) claim if the amount you seek to recover, including attorneys\' fees and expenses, is less than $7,500 or the\nmaximum jurisdiction the venue of a state court providing for the resolution of small claims. You may obtain a copy of the rules of these organizations by calling the numbers indicated or by\nvisiting their web sites.\nThe arbitrators shall be attorneys or retired judges and shall be selected in accordance with the applicable rules. The arbitration award shall be in writing, but without a supporting opinion. The\narbitration hearing shall be conducted in the federal district in which you reside. If you demand arbitration first, you will pay one half of any arbitration filing fee. We will pay the rest of the filing\nfee, and the whole filing fee if we demand arbitration first or if the arbitrator determines that applicable law requires us to do so or that you are unable to do so or that we must do so in order\nfor this Arbitration Provision to be enforceable. We will pay the arbitration costs and fees for the first day of arbitration, up to a maximum of eight hours. We will also pay any fees and\ncharges that the arbitrator determines that we must pay in order to assure that this Arbitration Provision is enforceable. The arbitrator shall decide who shall pay any additional\ncosts and fees.\nThe arbitrator\'s award shall be final and binding on all parties, except in the event where either there is a \xe2\x80\x9ctake nothing\xe2\x80\x9d award or the award is in excess of $100,000 either party may request\na new arbitration under the rules of the arbitration organization by a three-arbitrator panel.\nThis Arbitration Provision relates to a contract that evidences a transaction involving interstate commerce. Any arbitration under this Arbitration Provision shall be governed by the Federal\nArbitration Act (9 U.S.C. \xc2\xa7\xc2\xa7 1 et seq.). If a court should determine that the transaction did not involve interstate commerce, the parties agree that this Arbitration Provision shall be governed\nby state law.\nIf any part of this Arbitration Provision other than the Class Action Waiver is found by a court or arbitrator to be unenforceable, the remainder shall be enforceable. This Arbitration Provision\nshall survive the termination of any contractual agreement between you and us, whether by default or repayment in full.\nYou may elect to opt-out of the arbitration provision only by notifying us in writing at Preferred Credit, Inc., 628 Roosevelt Road, St. Cloud, MN 56301 within 30 days from the date in which\nyou signed this Agreement, and including in the notice your name, address and account number and a clear statement that you do not wish to resolve disputes through arbitration. No one\nelse may sign the rejection notice for you. Your rejection notice also must not be sent with any other correspondence. Rejection of arbitration will not affect your other rights or responsibilities\nunder this Agreement. If you reject arbitration, neither you nor we will be subject to the arbitration provisions for this Agreement. Rejection of arbitration for this Agreement will not constitute\nrejection of any prior or future arbitration provision between you and us.\nPage5of6\n\n\x0cYour Billing Rights. Keep This Notice For Future Use. This notice contains important information about your rights and our responsibilities under the Fair Credit Billing Act.\nWhat To Do If You Find A Mistake On Your Statement\nIf you think there is an error on your statement, write to us at: Preferred Credit, Inc., 628 Roosevelt Road, St. Cloud, MN 56301.\nIn your letter, give us the following information:\n\xe2\x80\xa2 Account information: Your name and account number.\n\xe2\x80\xa2 Dollar amount: The dollar amount of the suspected error.\n\xe2\x80\xa2 Description of problem: If you think there is an error on your bill, describe what you believe is wrong and why you believe it is a mistake.\nYou must contact us:\n\xe2\x80\xa2 Within 60 days after the error appeared on your statement.\n\xe2\x80\xa2 At least 3 business days before an automated payment is scheduled, if you want to stop payment on the amount you think is wrong.\nYou must notify us of any potential errors in writing. You may call us, but if you do we are not required to investigate any potential errors and you may have to pay the amount in question.\nWhat Will Happen After We Receive Your Letter\nWhen we receive your letter, we must do two things:\n1. Within 30 days of receiving your letter, we must tell you that we received your letter. We will also tell you if we have already corrected the error.\n2. Within 90 days of receiving your letter, we must either correct the error or explain to you why we believe the bill is correct.\nWhile we investigate whether or not there has been an error:\n\xe2\x80\xa2 We cannot try to collect the amount in question, or report you as delinquent on the amount.\n\xe2\x80\xa2 The charge in question may remain on your statement, and we may continue to charge you interest on that amount.\n\xe2\x80\xa2 While you do not have to pay the amount in question, you are responsible for the remainder of your balance.\n\xe2\x80\xa2 We can apply any unpaid amount against your credit limit.\nAfter we finish our investigation, one of two things will happen:\n\xe2\x80\xa2 If we made a mistake: You will not have to pay the amount in question or any interest or other fees related to that amount.\n\xe2\x80\xa2 If we do not believe there was a mistake: You will have to pay the amount in question, along with the applicable interest and fees. We will send you a statement of the amount you\nowe and the date payment is due. We may then report you as delinquent if you do not pay the amount we think you owe.\nIf you receive our explanation but still believe your bill is wrong, you must write to us within 10 days telling us that you still refuse to pay. If you do so, we cannot report you as delinquent without\nalso reporting that you are questioning your bill. We must tell you the name of anyone to whom we reported you as delinquent, and we must let those organizations know when the matter\nhas been settled between us.\nIf we do not follow all of the rules above, you do not have to pay the first $50 of the amount you question even if your bill is correct.\nYour Rights If You Are Dissatisfied With Your Account Purchases:\nIf you are dissatisfied with the goods or services that you have purchased with your Account and you have tried in good faith to correct the problem with the merchant, you may have the right\nnot to pay the remaining amount due on the purchase.\nTo use this right, all of the following must be true:\n1. The purchase must have been made in your home state or within 100 miles of your current mailing address, and the purchase price must have been more than $50. (Note: Neither\nof these are necessary if your purchase was based on an advertisement we mailed to you, or if we own the company that sold you the goods or services.)\n2. You must have used your Account for the purchase. Purchases made with cash advances from an ATM or with a check that accesses your account do not qualify.\n3. You must not yet have fully paid for the purchase.\nIf all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at: Preferred Credit, Inc., 628 Roosevelt Road, St. Cloud, MN 56301.\nWhile we investigate, the same rules apply to the disputed amount as discussed above. After we finish our investigation, we will tell you our decision. At that point, if we think you owe an\namount and you do not pay, we may report you as delinquent.\nNOTICE: ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE DEBTOR COULD ASSERT AGAINST THE\nSELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL NOT EXCEED\nAMOUNTS PAID BY THE DEBTOR HEREUNDER.\n\nREVISED 10-01-2020 PRINTED 00-00-2020\n\xc2\xa9 1990-2020 Preferred Credit, Inc. ALL RIGHTS RESERVED. Duplication of this document without the copyright owner\xe2\x80\x99s prior written consent is strictly prohibited.\n\nUN46-R\nPage6of6\n\n\x0c'


b'CREDIT LINE ACCOUNT AGREEMENT\nAND FEDERAL DISCLOSURE STATEMENT\nTHIS IS YOUR CREDIT LINE ACCOUNT AGREEMENT AND IT INCLUDES NECESSARY FEDERAL\nTRUTH-IN-LENDING DISCLOSURE STATEMENTS, PLATINUM CLASSIC MASTERCARD, WORLD\nMASTERCARD, AND PLATINUM SECURE MASTERCARD AGREEMENTS, AND ANY SPECIAL\nINSTRUCTIONS REGARDING THE USE OF YOUR PLATINUM CLASSIC MASTERCARD, WORLD\nMASTERCARD, AND PLATINUM SECURE MASTERCARD CREDIT CARDS, AND/OR ANY OTHER\nACCOUNT ACCESS DEVICE. PLEASE BE CERTAIN TO READ THIS AGREEMENT CAREFULLY AND\nNOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR.\n\nInterest Rate and Interest Charges\nAnnual Percentage Rate (APR)\nFor Purchases\n\n________%\n\nPlatinum Classic Mastercard:\nThis APR will vary with the market based on the Prime Rate.\n\n_______%\n\nWorld Mastercard:\nThis APR will vary with the market based on the Prime Rate.\n\n_______%\n\nPlatinum Secure Mastercard:\nThis APR will vary with the market based on the Prime Rate.\nAnnual Percentage Rate (APR)\nFor Balance Transfers\n\nPlatinum Classic Mastercard: ________%\nThis APR will vary with the market based on the Prime Rate.\nWorld Mastercard: _______%\nThis APR will vary with the market based on the Prime Rate.\nPlatinum Secure Mastercard: _______%\nThis APR will vary with the market based on the Prime Rate.\n\nAnnual Percentage Rate (APR)\nFor Cash Advances\n\nPlatinum Classic Mastercard: ________%\nThis APR will vary with the market based on the Prime Rate.\nWorld Mastercard: ________%\nThis APR will vary with the market based on the Prime Rate.\nPlatinum Secure Mastercard: _______%\nThis APR will vary with the market based on the Prime Rate.\nPersonal Line of Credit: _______%\n\nPaying Interest\n\nFor Mastercard, We will not charge You interest on purchases if You pay Your entire\nbalance owed each month within 25 days of Your statement closing date. We will begin\ncharging interest on cash advances and balance transfers on the transaction date.\n\nFor Credit Card Tips from the\nConsumer Financial Protection\nBureau\n\nTo learn more about factors to consider when applying for or using a Credit\nCard, visit the website of the Consumer Financial Protection Bureau at\nhttp://www.consumerfinance.gov/learnmore.\n\nFees\nTransaction Fees\n\xef\x82\xb7\n\xef\x82\xb7\n\nForeign Transaction\nCash Advance\n\xef\x82\xb7 Overdraft Transfer\n\xef\x82\xb7 Balance Transfer\n\nFor Mastercard, except World, 1.00% of each transaction in U.S. Dollars.\nFor Mastercard, 5.00% of the advance.\nExcept Mastercard, $10.00 per transfer.\nFor World Mastercard, 3.00% of each transfer.\n\nPlease refer to TOP OF PAGE 2 for more important information about Your Account\n\nCopyright Oak Tree Business Systems, Inc., 2007-2020. All Rights Reserved.\n\nPage 1 of 5\n\nOTBS 016Y FRB_WEB ARKA (10/20)\n\n\x0cFees (continued)\nPenalty Fees\n\xef\x82\xb7\n\nReturned Payment\n\n\xef\x82\xb7\n\nLate Payment\n\nFor Mastercard, up to $30.00\nExcept Mastercard, $32.00\nFor Mastercard, up to $40.00\nExcept Mastercard, 20.00% of the interest due, $35.00 minimum\n\nHow We Will Calculate Your Balance: For Personal Line of Credit, We use a method called "daily balance." For Mastercard, We\nuse a method called "average daily balance (including new purchases)." In all cases, see Your Account Agreement for details.\nBilling Rights: Information on Your rights to dispute transactions and how to exercise those rights is provided in Your\nAccount Agreement.\nPlease refer to PAGE 1 for more important information about Your Account\n\nIn this Agreement, the reference to "We,\xe2\x80\x9d "Us," "Our" and "Credit Union" mean ARKANSAS FEDERAL CREDIT UNION ("ARKANSAS FEDERAL"). The words "You" and "Your"\nmean each person accepting this Agreement. If this is a joint Account, read singular pronouns in the plural. The words "Card" and "Credit Card" mean any Platinum Classic\nMastercard, World Mastercard, or Platinum Secure Mastercard Credit Card issued to You by Us and any duplicates or renewals. Convenience Checks mean the special\nAccount access devices that We may provide for Your use from time to time.\nYou, as the Borrower, under a Credit Line Account ("Account"), understand that the following Federal Disclosure Statement and the terms and conditions found herein constitute\nOur Agreement with You. You may request advances on Your Account through a variety of means which could include (but may not be limited to) telephonic requests, advance\nrequest forms, vouchers, checks, charge slips, Convenience Checks, Check Cards, ATM Cards, Credit Cards, wire transfers, direct transfers and/or wire transfers to specific\npayees identified by You, direct transfers to Your share/share draft or other Credit Union account and the like. Regardless of the means by which any advance is made, You\npromise to pay Us all amounts charged to Your Account by You or by any user who has access to Your Account, with actual, apparent or implied authority for use of Your\nAccount, including Finance Charges and other fees or charges described herein.\nFEATURE CATEGORIES. Your Account has Feature Categories which may include Personal Line of Credit (including Overdraft Protection), Platinum Classic Mastercard,\nWorld Mastercard, or Platinum Secure Mastercard.\n\nVariable Rate\nMargin\n\nIndex\n\nDaily Periodic\nRate\n\nAnnual\nPercentage Rate\n\nPlatinum Classic Mastercard\n\n__________\n\n__________\n\n____________%\n\n____________%\n\nWorld Mastercard\n\n__________\n\n__________\n\n____________%\n\n____________%\n\nPlatinum Secure Mastercard\n\n__________\n\n__________\n\n____________%\n\n____________%\n\n____________%\n\n____________%\n\nAccount Feature Categories\n\nPersonal Line of Credit\nADVANCES. Whenever You request a transaction, We may require You to prove\nYour identity. Advances made on Your Account will be processed according to the\ninstructions You give Us (such as by wire transfer, direct transfer to Your Credit Union\naccount or by other such means) and You authorize Us to do this, or We may draw a\ndraft or check made payable to You and mail it to You. When the amount advanced\nappears on a subsequent statement, that will be conclusive evidence of Your advance\nrequest unless You notify Us that You disagree with any such item appearing on Your\nperiodic statement according to the provision of this Agreement titled "Your Billing\nRights: Keep this Document for Future Use." You understand that whether or not any\nspecific secured advance request is approved may be determined by how much equity\nYou have or will have in the shares, certificates and/or Collateral offered as security.\nSECURITY. As permitted by law, to secure all transactions under this Agreement in\neither joint or individual Accounts, We have the right to impress and enforce a\nstatutory lien against Your shares on deposit with Us (other than those deposits\nestablished under a governmental approved tax deferral plan such as an IRA or\nKeogh account), and any dividends due or to become due to You from Us to the\nextent that You owe on any unpaid balance on Your Account and We may enforce\nOur right to do so without further notice to You. Additionally, You agree that We\nmay set-off any mutual indebtedness.\nYou acknowledge that You own any certificates, shares and/or Collateral pledged as\nsecurity and that there are no other liens against them other than Ours. You agree to\nperform all acts which are necessary to make Our security interest in the certificates,\nshares and/or Collateral being pledged enforceable.\nFor advances under any certificate secured Feature Category, all certificates which\nare pledged as Collateral must be renewed until Your outstanding Account balance\nCopyright Oak Tree Business Systems, Inc., 2007-2020. All Rights Reserved.\n\nis paid in full. Failure to renew any certificates securing any advance will cause\nYour entire outstanding Account balance to become immediately due and payable.\nOTHER SECURITY. Collateral (other than household goods or any dwelling) given\nas security under this Agreement or for any other loan You may have with Us will\nsecure all amounts You owe Us now and in the future if that status is reflected\nin the "Truth-In-Lending Disclosure" in any particular Agreement evidencing\nsuch debt.\nCONSENSUAL LIEN ON SHARES. You grant and consent to a lien on Your\nshares with Us (except for IRA and Keogh accounts) and any dividends due\nor to become due to You from Us to the extent You owe on any unpaid Credit\nCard balance.\nACCOUNT RESTRICTIONS. In order to receive and maintain a Platinum Secure\nMastercard Credit Card, You agree to give Us a specific pledge of shares which will\nequal Your credit limit. In the event that You default on Your Platinum Secure\nMastercard Credit Card, We may apply these shares toward the repayment of any\namount owed on Your Account. You may cancel Your Platinum Secure Mastercard\nCredit Card at any time by paying any amounts owed on Your Account. To be\ncertain that Your entire balance and all advances on Your Account are paid, any\nshares pledged may not be available to You for 30 days after You have cancelled\nand any outstanding balance is paid in full.\nLINE OF CREDIT LIMITS. You will be notified of each specific Credit Limit for\neach Feature Category for which You are approved. Unless You are in default,\nany Credit Limits established for You will generally be self-replenishing as You\nmake payments.\n\nPage 2 of 5\n\nOTBS 016Y FRB_WEB ARKA (10/20)\n\n\x0cYou will keep Your unpaid balance within Your Credit Limit set by Us, and You will\npay any amount over Your Credit Limit on Our demand whether or not We authorize\nthe advances which caused You to exceed Your Credit Limit. Even if Your unpaid\nbalance is less than Your Credit Limit, You will have no credit available during any\ntime that any aspect of Your Account is in default.\n\nother charges and subtract any payments, credits and unpaid Finance Charges. This\ngives us the daily balance. Then, we add up all the daily balances for the billing cycle\nand divide them by the number of days in the billing cycle. The Finance Charge for a\nbilling cycle is computed by multiplying the average daily balance subject to a Finance\nCharge by the Monthly Periodic Rate.\n\nJOINT ACCOUNTS. Each Borrower will be responsible, jointly and severally, for the\nrepayment of any amounts owed. If any Account access device, such as a Personal\nIdentification Number (PIN) is requested and approved, You understand that any\nsuch Account access device(s) will be mailed to the Borrower that initiated such\nrequest, at the address that We have on file. We may refuse to follow any\ninstructions which run counter to this provision.\n\nYou can avoid Finance Charges on purchases by paying the full amount of the entire\nbalance owed each month within 25 days of your statement closing date. Otherwise,\nthe new balance of purchases, and subsequent purchases from the date they are\nposted to Your Account, will be subject to a Finance Charge. Cash advances and\nbalance transfers are always subject to a Finance Charge from the later of the date\nthey are posted to Your Account or from the first day of the billing cycle in which the\ncash advance is posted to Your Account.\n\nMINIMUM MONTHLY PAYMENTS (PAYMENT SCHEDULE). Though You need only pay\nthe Minimum Monthly Payments, You understand that You have the right to repay at any\ntime without penalty. You also understand that You will only be charged periodic Finance\nCharges to the date You repay Your entire balance. You may make larger payments\nwithout penalty. Any partial payment or prepayment will not delay Your next scheduled\npayment. All payments to Us must be in lawful money of the United States. We may apply\neach payment to whichever Feature Category We wish. For all Feature Categories (except\nMastercard), payments will be applied first to any Late Charges owing, then to the Finance\nCharge due, then to the outstanding principal balance. Mastercard Payments will be applied\nin the following order: (a) any Finance Charges due; (b) any other fees and charges owing;\n(c) any Late Charges owing; and then to (d) the balance bearing the lowest rate of interest,\nand then to each successive balance bearing the next lowest rate of interest, until the\nminimum payment is depleted. As permitted by law, any amounts paid in excess of the\nMinimum Monthly Payment will first be applied to the balance bearing the highest rate of\ninterest, and then to each successive balance bearing the next highest rate of interest, until\nthe payment is depleted.\nAny unpaid portion of the Finance Charge will be paid by subsequent payments and\nwill not be added to Your principal balance. You understand that any delay in the\nrepayment of Your unpaid balance will increase Your periodic Finance Charges and\nany acceleration in the repayment of Your unpaid balance will decrease Your periodic\nFinance Charges.\nPersonal Line of Credit Minimum Monthly Payments will be established and fixed at\nthe time of each advance at an amount equal to 2.00% of Your then outstanding\nbalance, subject to the lesser of $35.00 or Your balance.\nPlatinum Classic Mastercard, World Mastercard, and Platinum Secure Mastercard\nMinimum Monthly Payments will be an amount equal to 2.00% of Your new unpaid\nbalance at the end of each billing cycle, subject to the lesser of $20.00 or Your\nbalance, plus any portion of the Minimum Payments shown on prior statement(s)\nwhich remains unpaid, plus any amount that exceeds Your approved Credit Limit.\nYou may, by separate agreement, authorize Us to charge Your payment directly to\nYour share or share draft account.\nLATE CHARGE (EXCEPT FOR MASTERCARD). If Your payment is more than 7\ndays late, You will be charged the greater of 20.00% of the interest due or $35.00.\nOTHER FEES AND CHARGES (EXCEPT FOR MASTERCARD). You will be charged\nthe following fees associated with the use of Your Account: (a) $32.00 for any check\n(or other negotiable instrument used for payment) which is returned unpaid; and (b) a\n$10.00 overdraft transfer fee FINANCE CHARGE for each such transfer You obtain.\nFINANCE CHARGES (EXCEPT FOR MASTERCARD). A Finance Charge will be\nassessed on any unpaid principal balance for each Feature Category of Your Account\nfor the period such balance is outstanding. Balances change each time advances are\nmade, payments are made or credits given under any Feature Category. The Finance\nCharge begins to accrue on the date of each advance and there is no grace period.\n\nMASTERCARD VARIABLE RATE. All credit advances are subject to a Variable Rate\nwhich is based on the highest Prime Rate as published in the Money Rates section of\nThe Wall Street Journal in effect on the 25th day of each calendar month of each year\n("Index") plus Our Margin. The Index plus the Margin equals the Interest Rate.\nChanges in the Index will cause changes in the Interest Rate on the first day of the\nbilling cycle in the calendar month immediately following any such change in the\nIndex. Increases or decreases in the Interest Rate will cause like increases or\ndecreases in the Finance Charge and will affect the number of Your regularly\nscheduled payments. Your Interest Rate will never be greater than 18.00% and will\napply to Your remaining principal balance.\nOVERDRAFT PROTECTION. We may transfer funds in the amount necessary (or in\nsuch increments as We may from time to time determine) to Your share draft account\nby an advance on Your Personal Line of Credit Feature Category, subject to this\nprovision, to clear any overdraft on Your share draft account. Whether or not such\ntransfers occur will be controlled by this Agreement. In any event, You hold Us\nharmless for any and all liability which might otherwise arise if the transfer does not\noccur. Overdraft protection automatically ceases if this Agreement is ever cancelled\nor terminated or Your Account is in default.\nPERIODIC STATEMENTS. On a regular basis, You will receive a statement showing\nall transactions on Your Account including amounts paid and borrowed since Your last\nstatement. We will mail You a statement each month in which there is a debit or credit\nbalance or when a Finance Charge is imposed. We need not send You a statement if\nWe feel Your Account is uncollectible or if We have started collection proceedings\nagainst You because You defaulted. EACH STATEMENT IS DEEMED TO BE A\nCORRECT STATEMENT OF ACCOUNT UNLESS YOU ESTABLISH A BILLING\nERROR PURSUANT TO THE FEDERAL TRUTH-IN-LENDING ACT.\nOUR RESPONSIBILITIES TO HONOR CONVENIENCE CHECKS. We are under no\nobligation to honor Your Convenience Checks if: (1) by paying a Convenience Check,\nYou would exceed Your Credit Limit; (2) Your Cards or Convenience Checks have\nbeen reported lost or stolen; and/or (3) Your Account has been cancelled or has\nexpired. If a postdated Convenience Check is paid and, as a result, any other\nConvenience Check is returned unpaid, We are not responsible for any resulting loss\nor liability.\nDEFAULT. You will be in default if: (a) You do not make any payment or perform any\nobligation under this Agreement, or any other agreement that You may have with Us;\nor (b) You should die, become involved in any insolvency, receivership or custodial\nproceeding brought by or against You; or (c) You have made a false or misleading\nstatement in Your credit application and/or in Your representations to Us while You\nowe money on Your Account; or (d) A judgment or tax lien should be filed against You\nor any attachment or garnishment should be issued against any of Your property or\nrights, specifically including anyone starting an action or proceeding to seize any of\nYour funds on deposit with Us; and/or (e) We should, in good faith, believe Your ability\nto repay Your indebtedness hereunder is or soon will be impaired, time being of the\nvery essence.\n\nHOW TO DETERMINE THE FINANCE CHARGE (EXCEPT FOR MASTERCARD). For\nall Feature Categories except Mastercard, the Finance Charge is determined by\nmultiplying Your unpaid balance at the close of each day in the billing cycle being\naccounted for by the applicable Daily Periodic Rate. The unpaid balance is the balance\neach day after payments, credits, and unpaid Finance Charges to that balance have\nbeen subtracted and any new advances, or other charges have been added to Your\nunpaid balance. These daily Finance Charges are then added together and the sum is\nthe amount of the Finance Charge owed for the Feature Category being accounted for.\nThe total Finance Charge You owe on Your Account for each billing cycle is the sum of\nall the Finance Charges due for all applicable Feature Categories.\n\nUpon any occurrence of default, We may, to the extent permitted by law, cancel Your\nrights under this Agreement, require the return of all access devices and declare the\nentire balance of every Feature Category of Your Account immediately due and\npayable, without prior notice or demand.\n\nMASTERCARD FINANCE CHARGES. In the case of any Credit Card transactions\nunder Your Platinum Classic Mastercard, World Mastercard, or Platinum Secure\nMastercard Feature Categories, the balances subject to the periodic Finance Charge\nare the average daily transactions balances outstanding during the month (including\nnew transactions).\n\nENFORCEMENT. We do not lose Our rights under this or any related agreement if\nWe delay enforcing them. We can accept late payments, partial payments or any other\npayments, even if they are marked "paid in full" without losing any of Our rights under\nthis Agreement. If any provision of this or any related agreement is determined to be\nunenforceable or invalid, all other provisions remain in full force and effect.\n\nTo get the average daily balance, We take the beginning balance each day, add any\nnew balance transfers, cash advances, insurance premiums, debit adjustments or\n\nNOTIFICATION OF ADDRESS CHANGE. You will notify Us promptly if You move or\notherwise have a change of address.\n\nCopyright Oak Tree Business Systems, Inc., 2007-2020. All Rights Reserved.\n\nCOLLECTION COSTS. In the event collection efforts are required to obtain payment\non this Account, to the extent permitted by law, You agree to pay all court costs,\nprivate process server fees, investigation fees or other costs incurred in collection and\nreasonable attorneys\' fees incurred in the course of collecting any amounts owed\nunder this Agreement or in the recovery of any Collateral.\n\nPage 3 of 5\n\nOTBS 016Y FRB_WEB ARKA (10/20)\n\n\x0cCHANGE IN TERMS. We may change the terms of this Agreement by mailing or\ndelivering to You written notice of the changes as prescribed by the Federal Truth-InLending Act. To the extent permitted by law, the right to change the terms of this\nAgreement includes, but is not limited to, the right to change the periodic rate\napplicable to Your unpaid balance and/or future advances.\nINTEGRATED DOCUMENTS. Any separate sheet of paper labeled "Additional\nDisclosure \xe2\x80\x93 Federal Truth-In-Lending Act" which is delivered together with this\nAgreement or at a later date becomes an integrated part of this Agreement\nAnd Disclosure.\nCONSENT TO AGREEMENT. You acknowledge receipt of a copy of this Agreement.\nBy signing the application; or by using Your Account or any Account access device;\nor by authorizing another to use Your Account, You agree to and accept its terms.\nUPDATING AND DISCLOSING FINANCIAL INFORMATION. You will provide facts\nto update information contained in Your original Account application or other financial\ninformation related to You, at Our request. You also agree that We may, from time to\ntime, as We deem necessary, make inquiries pertaining to Your employment, credit\nstanding and financial responsibility in accordance with applicable laws and\nregulations. You further agree that We may give information about the status and\npayment history of Your Account to consumer credit reporting agencies, a prospective\nemployer or insurer, or a state or federal licensing agency having any apparent\nlegitimate business need for such information.\nTERMINATION. Either You or We may cancel Your Account or any particular Feature\nCategory of Your Account, at any time, whether or not You are in default. You will, in any\ncase, remain liable to pay any unpaid balances according to the terms of Your Account.\nGOVERNING LAW. This Agreement is controlled and governed by the laws of the\nState of Arkansas except to the extent that such laws are inconsistent with controlling\nfederal law.\nOWNERSHIP. Your Card remains Our property and may be cancelled by Us at any\ntime without notice. You agree to surrender Your Card and to discontinue its use\nimmediately upon Our request.\nSPECIFIC TERMS APPLICABLE TO YOUR PLATINUM\nCLASSIC MASTERCARD, WORLD MASTERCARD,\nAND PLATINUM SECURE MASTERCARD CREDIT CARDS\nUSE OF YOUR CARD. You may use Your Card to buy goods and services in any\nplace that it is honored and to get cash advances at participating financial institutions.\nYou agree not to use Your Card for illegal transactions including, but not limited to,\nadvances made for the purpose of gambling and/or wagering where such practices\nare in violation of applicable state and/or federal law.\n\nREFUSAL TO HONOR CARDS OR CONVENIENCE CHECKS. We are not liable for\nthe refusal or inability of merchants, financial institutions and others to accept the Cards\nor Convenience Checks, or electronic terminals to honor the Cards or complete a Card\nwithdrawal, or for their retention of the Cards or Convenience Checks.\nFOREIGN TRANSACTIONS. For transactions initiated in foreign currencies, the\nexchange rate between the transaction currency and the billing currency (U.S. dollars)\nwill be: (a) a rate selected by Mastercard from the range of rates available in wholesale\ncurrency markets for the applicable central processing date, which rate may vary from\nthe rate Mastercard itself receives; or (b) the government-mandated rate in effect for\nthe applicable central processing date.\nExcept for transactions made through the use of any World Mastercard Credit Card,\nYou will be charged 1.00% calculated on the final settlement amount for transactions\nthat are initiated in foreign countries or foreign currencies.\nTRANSACTION SLIPS. Your monthly statement will identify that merchant, electronic\nterminal or financial institution at which transactions were made, but sales, cash\nadvances, credit or other slips cannot be returned with the statement.\nLATE CHARGE. If Your payment is not received by the payment due date, You will\nbe charged the lesser of: (a) $29.00 (this amount will be $40.00 if You have incurred\na late charge within six months of previously incurring a late charge); or (b) the amount\nof the required minimum payment.\nOTHER FEES AND CHARGES. You will be charged the following fees associated\nwith the use of Your Card: (a) the lesser of $30.00 for any check (or other negotiable\ninstrument used for payment) which is returned unpaid, or the required minimum\npayment amount for the returned payment; (b) an amount equal to 5.00% of each\ncash advance; and (c) for World Mastercard, a balance transfer fee FINANCE\nCHARGE equal to 3.00% of each transfer.\nLOST CARDS OR CONVENIENCE CHECKS. To report lost or stolen Credit Cards\nor Convenience Checks, You will immediately call Us at the telephone number shown\nin this Agreement or write to Us at the address shown in this Agreement.\nCREDITS. If a merchant who honors Your Card gives You credit for returns or\nadjustments, they will do so by sending Us a slip which will be posted to Your\nAccount. If Your credits and payments exceed what You owe Us, We will hold and\napply this credit against future purchases and cash advances, or if it is $1.00 or\nmore refund it on Your written request or automatically deposit it to Your Share\nAccount after 6 months.\nYour Billing Rights: Keep this Document for Future Use\nThis notice tells You about Your rights and Our responsibilities under the Fair\nCredit Billing Act.\n\nOWNERSHIP. Your Card remains Our property and may be cancelled by Us at any\ntime without notice. You agree to surrender Your Card and to discontinue its use\nimmediately upon Our request.\nISSUANCE OF A PERSONAL IDENTIFICATION NUMBER. We will issue, upon Your\nrequest, a Personal Identification Number (PIN) for use with participating Automated\nTeller Machines (ATMs). This PIN is confidential and should not be disclosed to\nanyone. You may use Your PIN to access Your Account and all sums advanced will\nbe added to Your Account balance. In the event a use of Your PIN constitutes an\nElectronic Funds Transfer, the terms and conditions of Your Electronic Fund Transfer\nAgreement may also affect Your rights.\n\nWhat To Do If You Find A Mistake On Your Statement\nIf You think there is an error on Your statement, write to Us at Our address shown in\nthis Agreement. In Your letter, give Us the following information:\n\n\xef\x82\xb7\n\xef\x82\xb7\n\xef\x82\xb7\n\nAccount information: Your name and Account number.\nDollar amount: The dollar amount of the suspected error.\nDescription of problem: If You think there is an error on Your bill, describe what\nYou believe is wrong and why You believe it is a mistake.\n\nYou must contact Us:\nEFFECT OF AGREEMENT. Even though the sales, cash advance, credit or other\nslips You may sign or receive when using Your Card contain terms, this Agreement is\nthe contract which solely applies to all transactions involving the Card.\n\n\xef\x82\xb7\n\xef\x82\xb7\n\nUNAUTHORIZED USE. You may be liable for the unauthorized use of Your Card.\nYou will not be liable for the unauthorized use that occurs after You notify Us of the\nloss, theft, or possible unauthorized use by calling Us at the telephone number shown\nin this Agreement or by writing to Us at the address shown in this Agreement. In any\ncase, Your liability will not exceed $50.00.\n\nYou must notify Us of any potential errors in writing. You may call Us, but if You do\nWe are not required to investigate any potential errors and You may have to pay the\namount in question.\n\nWithin 60 days after the error appeared on Your statement.\nAt least 3 business days before an automated payment is scheduled, if You want\nto stop payment on the amount You think is wrong.\n\nWhat Will Happen After We Receive Your Letter\nPRE-AUTHORIZED RECURRING CHARGES. You may, from time to time, establish\npreauthorized recurring charges be made on Your Account. You understand that any\nsuch preauthorized recurring charges will continue unless discontinued by You directly\nwith the service provider with whom You preauthorized the recurring charge.\nTo ensure that recurring preauthorized charges established and authorized by You\nare not interrupted in the event that Your Card or other Access Device is reissued,\nWe may, but are under no obligation to do so, enroll Your account in automatic\naccount information update services that communicate new Card/Access Device\ninformation to the service providers with whom You have established preauthorized\nrecurring charges, the purpose of which is to ensure charges You authorize continue\nwithout interruption.\n\nCopyright Oak Tree Business Systems, Inc., 2007-2020. All Rights Reserved.\n\nWhen We receive Your letter, We must do two things:\n1)\n2)\n\nWithin 30 days of receiving Your letter, We must tell You that We received\nYour letter. We will also tell You if We have already corrected the error.\nWithin 90 days of receiving Your letter, We must either correct the error or\nexplain to You why We believe the bill is correct.\n\nWhile We investigate whether or not there has been an error:\n\n\xef\x82\xb7\n\nPage 4 of 5\n\nWe cannot try to collect the amount in question, or report You as delinquent on\nthat amount.\n\nOTBS 016Y FRB_WEB ARKA (10/20)\n\n\x0c\xef\x82\xb7\n\xef\x82\xb7\n\xef\x82\xb7\n\nThe charge in question may remain on Your statement, and We may continue\nto charge You interest on that amount.\nWhile You do not have to pay the amount in question, You are responsible for\nthe remainder of Your balance.\nWe can apply any unpaid amount against Your Credit Limit.\n\nYour Rights If You Are Dissatisfied With Your Credit Card Purchases\nIf You are dissatisfied with the goods or services that You have purchased with Your\nCredit Card, and You have tried in good faith to correct the problem with the merchant,\nYou may have the right not to pay the remaining amount due on the purchase. To use\nthis right, all of the following must be true:\n\nAfter We finish Our investigation, one of two things will happen:\n\n\xef\x82\xb7\n\xef\x82\xb7\n\n1)\nIf We made a mistake: You will not have to pay the amount in question or any\ninterest or other fees related to that amount.\nIf We do not believe there was a mistake: You will have to pay the amount\nin question, along with applicable interest and fees. We will send You a\nstatement of the amount You owe and the date payment is due. We may\nthen report You as delinquent if You do not pay the amount We think\nYou owe.\n\n2)\n\n3)\nIf You receive Our explanation but still believe Your bill is wrong, You must write to Us\nwithin 10 days telling Us that You still refuse to pay. If You do so, We cannot report\nYou as delinquent without also reporting that You are questioning Your bill. We must\ntell You the name of anyone to whom We reported You as delinquent, and We must\nlet those organizations know when the matter has been settled between Us. If We do\nnot follow all of the rules above, You do not have to pay the first $50.00 of the amount\nYou question even if Your bill is correct.\n\nCopyright Oak Tree Business Systems, Inc., 2007-2020. All Rights Reserved.\n\nThe purchase must have been made in Your home state or within 100 miles of\nYour current mailing address, and the purchase price must have been more than\n$50.00. (Note: Neither of these are necessary if Your purchase was based on\nan advertisement We mailed to You, or if We own the company that sold You\nthe goods or services.)\nYou must have used Your Credit Card for the purchase. Purchases made with\ncash advances from an ATM or with a check that accesses Your Credit Card\naccount do not qualify.\nYou must not yet have fully paid for the purchase.\n\nIf all of the criteria above are met and You are still dissatisfied with the purchase,\ncontact Us in writing at Our address shown in this Agreement.\nWhile We investigate, the same rules apply to the disputed amount as discussed\nabove. After We finish Our investigation, We will tell You Our decision. At that point,\nif We think You owe an amount and You do not pay, We may report You as delinquent.\n\nPage 5 of 5\n\nOTBS 016Y FRB_WEB ARKA (10/20)\n\n\x0cPRICING INFORMATION ADDENDUM\nCREDIT CARD ACCOUNT\nAGREEMENT AND DISCLOSURE\nTHIS IS YOUR ADDENDUM THAT CONTAINS PRICING INFORMATION FOR YOUR PLATINUM CLASSIC\nMASTERCARD, WORLD MASTERCARD, AND PLATINUM SECURE MASTERCARD CREDIT CARDS.\nPLEASE BE CERTAIN TO READ THIS ADDENDUM CAREFULLY AND NOTIFY US AT ONCE IF ANY\nPARTS ARE UNCLEAR.\n\nInterest Rate and Interest Charges\nAnnual Percentage Rate (APR)\nFor Purchases\n\n8.25% - 18.00%\n\nPlatinum Classic Mastercard:\nbased on Your creditworthiness.\nThis APR will vary with the market based on the Prime Rate.\n\n13.24% - 18.00%\n\nWorld Mastercard:\nbased on Your creditworthiness.\nThis APR will vary with the market based on the Prime Rate.\n\n18.00%\n\nPlatinum Secure Mastercard:\nThis APR will vary with the market based on the Prime Rate.\nAnnual Percentage Rate (APR)\nFor Balance Transfers\n\nPlatinum Classic Mastercard: 8.25% - 18.00% based on Your creditworthiness.\nThis APR will vary with the market based on the Prime Rate.\nWorld Mastercard: 13.24% - 18.00% based on Your creditworthiness.\nThis APR will vary with the market based on the Prime Rate.\nPlatinum Secure Mastercard: 18.00%\nThis APR will vary with the market based on the Prime Rate.\n\nAnnual Percentage Rate (APR)\nFor Cash Advances\n\nPlatinum Classic Mastercard: 8.25% - 18.00% based on Your creditworthiness.\nThis APR will vary with the market based on the Prime Rate.\nWorld Mastercard: 13.24% - 18.00% based on Your creditworthiness.\nThis APR will vary with the market based on the Prime Rate.\nPlatinum Secure Mastercard: 18.00%\nThis APR will vary with the market based on the Prime Rate.\n\nPaying Interest\n\nWe will not charge You interest on purchases if You pay Your entire balance owed each\nmonth within 25 days of Your statement closing date. We will begin charging interest on cash\nadvances and balance transfers on the transaction date.\n\nFees\nTransaction Fees\n\xef\x82\xb7\n\nForeign Transaction\n\xef\x82\xb7 Cash Advance\n\xef\x82\xb7 Balance Transfer\n\nExcept World Mastercard, 1.00% of each transaction in U.S. Dollars.\n5.00% of the advance.\nFor World Mastercard, 3.00% of each transfer.\n\nPenalty Fees\n\xef\x82\xb7\n\nReturned Payment\n\xef\x82\xb7 Late Payment\n\nUp to $30.00\nUp to $40.00\n\nHow We Will Calculate Your Balance: We use a method called "average daily balance (including new purchases)." In all cases,\nsee Your Account Agreement for details.\nBilling Rights: Information on Your rights to dispute transactions and how to exercise those rights is provided in Your\nAccount Agreement.\n\nCopyright Oak Tree Business Systems, Inc., 2007-2020. All Rights Reserved.\n\nPage 1 of 2\n\nOTBS 016A Y FRB_Web ARKA (10/20)\nRev. (5/20)\n\n\x0cFINANCE CHARGES. In the case of any transactions under Your Account, the balances subject to the periodic Finance Charge are the average daily transactions balances\noutstanding during the month (including new transactions). Separate average daily balances are calculated for purchases, balance transfers, and cash advances (including\nconvenience checks).\nTo get the average daily balance for purchases, We take the beginning balance for purchases each day, add any new purchases, debit adjustments or other charges and\nsubtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance for purchases. Then, We add up all the daily balances for purchases during\nthe billing cycle and divide them by the number of days in the billing cycle. This gives Us the average daily transactions balances for purchases.\nTo get the average daily balance for balance transfers, We take the beginning balance for balance transfers each day, add any new ba lance transfers, debit adjustments\nor other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us the daily balance for balance transfers. Then, We add up all the daily\nbalances for balance transfers during the billing cycle and divide them by the number of days in the billing cycle. This gives Us the average daily transactions balances for\nbalance transfers.\nTo get the average daily balance for cash advances (including convenience checks), We take the beginning balance for cash advances (including convenience checks) each\nday, add any new cash advances, convenience checks, debit adjustments or other charges and subtract any payments, credits and unpaid Finance Charges. This gives Us\nthe daily balance for cash advances (including convenience checks). Then, We add up all the daily balances for cash advances (including convenience checks) during the\nbilling cycle and divide them by the number of days in the billing cycle. This gives Us the average daily transactions balances for cash advances (including convenience checks).\nThe Finance Charge for a billing cycle is computed by multiplying the average daily balance subject to a Finance Charge by the applicable Daily Periodic Rate times the number\nof days in the billing cycle. You can avoid Finance Charges on purchases by paying the full amount of the entire balance owed each month within 25 days of Your statement\nclosing date. Otherwise, the new balance of purchases, and subsequent purchases from the date they are posted to Your Account, will be subject to a Finance Charge. Cash\nadvances and balance transfers are always subject to a Finance Charge from the later of the date they are posted to Your Account or from the first day of the billing cycle in\nwhich the transaction is posted to Your Account.\nYour Platinum Classic Mastercard is subject to a current variable Daily Periodic Rate of 0.022603% - 0.049315% (corresponding to an ANNUAL PERCENTAGE RATE of\n8.25% - 18.00%), depending on Your creditworthiness.\nYour World Mastercard is subject to a current variable Daily Periodic Rate of 0.036274% - 0.049315% (corresponding to an ANNUAL PERCENTAGE RATE of 13.24% 18.00%), depending on Your creditworthiness.\nYour Platinum Secure Mastercard is subject to a variable Daily Periodic Rate of 0.049315% (corresponding to an ANNUAL PERCENTAGE RATE of 18.00%).\nVARIABLE RATE. All credit advances are subject to a Variable Rate which is based on the highest Prime Rate as published in the Money Rates section of The Wall\nStreet Journal in effect on the 25th day of each calendar month of each year ("Index") plus Our Margin. The Index plus the Ma rgin equals the Interest Rate. Changes in\nthe Index will cause changes in the Interest Rate on the first day of the billing cycle in the calendar month immediately fol lowing any such change in the Index. Increases\nor decreases in the Interest Rate will cause like increases or decreases in the Finance Charge and will affect the number of Your regularly scheduled payments. Your\nInterest Rate will never be greater than 18.00% and will apply to Your remaining principal balance.\nFor Platinum Classic Mastercard, and World Mastercard Your Margin will be determined by Your creditworthiness, and for Platinum Classic Mastercard the Margin will be\n2.75% - 14.74%, and for World Mastercard the Margin will be 7.74% - 14.74%. For Platinum Secure Mastercard the Margin will be 14.75%.\n\nCopyright Oak Tree Business Systems, Inc., 2007-2020. All Rights Reserved.\n\nPage 2 of 2\n\nOTBS 016A Y FRB_Web ARKA (10/20)\nRev. (5/20)\n\n\x0c'