b'RETAIL CHARGE AGREEMENT/ SECURITY AGREEMENT\nE-CA02-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\nAPPLICATION\nNOTICE: IF YOU ARE MARRIED, YOU MAY APPLY FOR CREDIT SEPARATELY AS AN INDIVIDUAL.\n\nPCIConsumerAccountNo.\n\nAPPLICANT \xe2\x80\x93 Individual, relying on your own income, unless Co-Applicant section completed\n\nIDENTIFICATION VERIFICATION:\nLastName\n\nFirstName\n\nMiddleInit.\n\nDateofBirth\n\nSocialSecurity#\n\nHomePhone#\n\nCellPhone#\n\nPhysicalAddress\n\nMonthlyGrossIncome-Alimony, child support and maintenance payments need not be disclosed if you do not wish us to consider\n\nthem in determining your credit worthiness.\n\nEmailAddress\n\n$\n\nCO-APPLICANT \xe2\x80\x93 Joint, with another person\n\nCO-APPLICANT INFORMATION:\nIDENTIFICATION VERIFICATION:\nLastName\n\nFirstName\n\nMiddleInit.\n\nDateofBirth\n\nSocialSecurity#\n\nE-CA02-R\nHomePhone#\n\nCellPhone#\n\nPhysicalAddress\n\nMonthlyGrossIncome-Alimony, child support and maintenance payments need not be disclosed if you do not wish us to consider\n\nthem in determining your credit worthiness.\n\nEmailAddress\n\n$\n\nBy signing below you (a) apply for credit (joint credit if Applicant and Co-Applicant sign); (b) agree that, to the best of your knowledge, all information contained in the application above is complete\nand accurate; (c) recognize that we may obtain consumer reports on you in connection with your application and may obtain and use subsequent reports in connection with an update, renewal or\nextension of credit for which you may apply, and other uses not prohibited by law; (d) expressly authorize any third party (i.e. creditor, bank, or financial institution, employer, landlord, etc.) to release\nwhatever information that we may request concerning you; (e) agree that we may monitor and record telephone calls regarding your account for quality assurance and for other reasons not\nprohibited by law; (f) expressly consent and agree to us using written, electronic or verbal means to contact you as not otherwise prohibited by law including, but not limited to, contact by manual\ncalling methods, prerecorded or artificial voice messages, text messages, emails, and/or automatic dialing systems and do so using any email address, or telephone number you provide, now or\nin the future, including a number for a mobile phone or other wireless device regardless of whether you may incur charges as a result; (g) acknowledge that the terms and conditions of this\nAgreement are subject to credit approval; (h) acknowledge that Interest Charges will be imposed in amounts or rates not in excess of those permitted by law; (i) grant us a purchase money\nsecurity interest in any goods you purchase under this Agreement which are described in any order, invoice or similar document issued by the Seller (as provided below) which becomes part of\nthis Agreement; (j) acknowledge that this instrument is not negotiable; and (k) acknowledge that you are receiving the Retail Charge Agreement: Additional Terms and Disclosures. The Additional\nTerms and Disclosures are in effect on the date of execution and incorporated herein.\nNo Oral Modifications: You agree that we are not bound by any oral agreements or oral modifications to this Agreement.\nX ____________________\nApplicant/Buyer Initials\n\nX ____________________\nCo-Applicant/Co-Buyer Initials\n\nNOTICE TO BUYER: (1) Do not sign this Agreement before you read it or if it contains any blank spaces\nto be filled in. (2) You are entitled to a completely filled in copy of this Agreement. (3) You can prepay the\nfull amount due under this Agreement at any time. (4) If you desire to pay off in advance the full amount\ndue, the amount which is outstanding will be furnished upon request. Your signatures below mean that\nyou have received a completely filled in copy of this Agreement. Keep this Agreement to protect your\nlegal rights.\n\nYour signature(s) below mean that\n(a) you have read and understand the terms and conditions as set forth\non all 4 pages of this Agreement;\n(b) you agree to the terms of this Agreement; and\n(c) you will pay any advances made under this Agreement according to\nits terms.\n\nX\n\nDate\n\nX\n\nDate\n\nX\n\nApplicant/Buyer\xe2\x80\x99sSignature\n\nX\n\nCo-Applicant/Co-Buyer\xe2\x80\x99sSignature\nSELLER:\nCompanyName:\n\nSALE:\nConsultant:\n\nAddress:\n\nPCIClientNo.:\n\nApplicant/Buyer\xe2\x80\x99sSignature\n\nSeller\xe2\x80\x99sInitials:\n\nCo-Applicant/Co-Buyer\xe2\x80\x99sSignature\nPROMOTIONALCREDITPLAN(ifapplicable):\n\nTHIS DOCUMENT IS SUBJECT TO A SECURITY INTEREST IN FAVOR OF US BANK NATIONAL ASSOCIATION.\nREVISED 10-1-2019\n\xc2\xa9 1990-2019 Preferred Credit, Inc. ALL RIGHTS RESERVED. Duplication of this document without the copyright owner\xe2\x80\x99s prior written consen t is strictly prohibited.\n\nE-CA02-R\nPage 1 of 4\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 ask for\nyour 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\n\nMinimum Interest Charge\nFor Credit Card Tips from the Consumer\nFinancial Protection Bureau\n\nFees\n\n21.99%. See your account agreement for more details.\n\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 entire\nbalance by the due date each month. See your account agreement for more details.\nIf you are charged interest, the charge will be no less than $0.50. See your account agreement for more details.\nTo learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial\nProtection Bureau at http://www.consumerfinance.gov/learnmore.\n\nTransaction Fees\nNone.\nPenalty Fees\n\xe2\x80\xa2 Late Payment\n$15. See your account agreement for more details.\n\xe2\x80\xa2 Return Payment\n$15. See your account agreement for more details.\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9cdaily balance (including new purchases).\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 ("Agreement"): The word "Account" refers to the account that is established with the Seller, and their successors or assigns, that is the subject of this\nAgreement. The words "you" and "your" refer to each individual who signs the Application for the Account, and who is authorized to use the Account. The words "we," "us," and "our" refer to the\nSeller, and any assignee of the Seller. The words \xe2\x80\x9cAcceptable Documentation\xe2\x80\x9d shall refer to Purchase Orders, 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 "Applicable Law" shall mean federal law and the laws of the state of California. You and we agree that\nthese Applicable Laws apply to this Agreement. The words \xe2\x80\x9cPurchase Order\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 limit on\nyour 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 may make addon purchases from the Seller or Seller\'s assigns which will be evidenced by Acceptable Documentation. Acceptable Documentation must provide the cash price of the merchandise purchased. By\nsigning future Acceptable Documentation you agree those purchases thereby confirmed will be subject to this Agreement. You agree that add-on orders which exceed the credit limit established\nwith 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 the\ncost 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 the Truth\nin Lending Act, and then, after that, only if you or someone authorized by you sign a Purchase Order or otherwise charge a purchase to this Account.\n4. Billing: You will be billed monthly for credit purchases from us, as shown on a Purchase Order signed by you (or completed at your direction), and for any previous unpaid balance as required by\nApplicable 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 been\nimposed. Your monthly periodic statement of account will show your new unpaid balance, any new purchases you have made since your last monthly periodic statement of account, and your\nMinimum Monthly Payment. Your credit limit will also be shown on your monthly periodic statement of account.\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 "payment in full," 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 on\nnew 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 which you\nmake 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 account for that\nbilling period (though no payment may be due). We figure 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\ncycle. To determine the daily balance, we take the beginning balance each day, add any new charges posted that day, and subtract any payments and credits posted that day. This gives us the\ndaily balance. Then, we calculate the amount 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\nthe sum of the interest amounts that were charged each day during the billing cycle. 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\nBy your initial(s) below, you hereby\nLaw\nPeriodic Rate\nANNUAL PERCENTAGE RATE acknowledge Interest Charges will be\nimposed in amounts or rates not to\nexceed those in the chart to the left.\nCA\n0.0603%\n21.99%\n________________ _______________\nBuyer\n\nCo-Buyer\n\nNotwithstanding the above, if we receive payment in full of the outstanding balance of your Account, as shown on the billing statement, within 25 days after the end of that billing period, we will not\nimpose Interest Charges for the current billing period.\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 "Calculated Interest\nCharge"), is less than $0.50, we will impose a minimum monthly INTEREST CHARGE of $0.50.\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 equal\nto the greater of: (a) the regularly scheduled Minimum Monthly Payment shown on your Purchase Order; (b) $25.00; or (c) 2.50% of the Account balance immediately following the first or any\nsubsequent 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, Promotional\nCredit 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 interest charge\ncalculations 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. In addition, the\nbenefits 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 end of the promotional\nperiod 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:\n9.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 Minimum\nMonthly 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 be added to\nyour 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 remains 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 the\nSame 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 any other\nbalances. 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 the\nPage 2 of 4\n\n\x0coldest, then to the current Minimum Monthly Payment, and then to other unpaid late fees, costs and fees arising under this Agreement.\n11. Other Charges:\n11.a. Late Fees: 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 on time, calculated as Applicable Law\nallows. The statutory time period for imposition of a Late Fee is 15 days after the due date (\xe2\x80\x9cDue Date\xe2\x80\x99) for each payment not received on the scheduled Due Date. Currently, the maximum late fee\nallowed is $15. Notwithstanding the preceding provisions, you will not be charged more than the amount of the required minimum periodic payment due immediately prior to the assessment of the\nlate payment fee.\n11.b. Returned Check Charge: You will pay a returned check charge (which you agree we will add to the balance due on your Account) if any check, negotiable order of withdrawal, share draft, or\nitem you give us for payment under the Agreement is dishonored for any reason by the bank or other institution on which it is drawn. We will impose the maximum returned check charge as\nApplicable Law allows. Currently, that amount is $15. Notwithstanding the preceding provisions, you will not be charged more than the amount of the required minimum periodic payment due\nimmediately prior to the date on which the payment is returned or otherwise dishonored.\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). 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\nagree to take all reasonable 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\nunder this Agreement. 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\nApplicable Law 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\nwithout our 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 required by Applicable Law, we may declare the full remaining balance immediately due and payable. We may also repossess any article of merchandise\nin 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 payment or nonpayment, we will not declare the full\nremaining balance immediately due and payable or repossess any article of merchandise if, within fifteen days of the date on which the installment was due, we receive payment together with any\nlate fees. If you fail to pay within 15 days of the due date, we may, at our option, declare the full remaining balance immediately due and payable, to the extent permitted by Applicable Law. Unless\nwe are required by Applicable Law to provide you a notice of a right to cure, you agree that we do not have to give you notice that we intend to demand or are demanding immediate payment of all\nyou owe. If the Account is referred to an attorney who is not our salaried employee and we bring suit against you to collect the amount you owe and we are the prevailing party, you agree to pay our\nreasonable attorneys\xe2\x80\x99 fees and court costs as not prohibited by Applicable Law. You also agree to pay our collection costs and costs incurred in taking the collateral, holding it, preparing it for sale,\nand selling it as not prohibited by Applicable Law.\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 notice.\nSome 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 a transaction,\neven 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 addition, even if you\ncancel 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 new\nterms may be applied to any balance existing on the Account at the time of the change, as well as subsequent transactions.\n16. 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 not prohibited by Applicable Law, we may take other\naction not described in this Agreement, and by doing so will not lose our rights under this Agreement.\n17. Severability: If any provision of this Agreement is found to be unenforceable, all other provisions shall remain in full force and effect.\n18. Applicable Law: Federal and California law apply to this Agreement.\n19. 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 assigns,\nincluding Preferred Credit, Inc. (PCI), without further notice to the parties to such conversations. These telephone conversations include all conversations between you and Seller or Seller\'s assigns\ncommunicated 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 recordings by Seller or\nSeller\'s assigns, their employees, representatives and agents of all information and data obtained in any recorded conversation for purposes of settling disputes as well as for ongoing quality\nassurance programs.\n20. 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, you\nprovide 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 message,\nfax, 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 on the Account;\nand 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 communications to\nus, to or from any such number, or email address, without reimbursement from us.\n21. 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. A\nnegative credit report may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations.\nARBITRATION PROVISION\nThis 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, agents,\nsuccessors 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 (including any\nsuch 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 and not by a court\naction. 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 action (this is called the\n"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 nationally recognized arbitration\norganization, subject to our approval, and if the arbitration organization selected by you is unwilling to serve, we shall select the arbitration organization. We waive the right to require you to arbitrate\nan 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 maximum jurisdiction the venue of a state court\nproviding for the resolution of small claims. You may obtain a copy of the rules of these organizations by calling the numbers indicated or by visiting 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 fee, and\nthe 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 for this Arbitration\nProvision 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 charges that the arbitrator\ndetermines that we must pay in order to assure that this Arbitration Provision is enforceable. The arbitrator shall decide who shall pay any additional costs 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 a new\narbitration 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 Arbitration\nAct (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 by 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 shall\nsurvive the termination of any contractual agreement between you and us, whether by default or repayment in full.\nPage 3 of 4\n\n\x0cYou 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 you\nsigned 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 else may\nsign 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 under this\nAgreement. 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 rejection of any prior\nor future arbitration provision between you and us.\nYour 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 owe\nand 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 also\nreporting 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 has been\nsettled 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 not to\npay 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 of\nthese 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 amount and\nyou 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\nEXCEED AMOUNTS PAID BY THE DEBTOR HEREUNDER.\n\nASSIGNMENT \xe2\x80\x93 OFFICE USE ONLY\n\nAssignment by Seller: For Value Received: Seller sells and assigns this Retail Charge Agreement (the \xe2\x80\x9cAgreement\xe2\x80\x9d) to Preferred Credit, Inc., 628 Roosevelt Road, St. Cloud, MN 56301, the\nassignee, 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 actions, which Seller could have taken\nunder this Agreement. The undersigned acknowledges that this Assignment incorporates by reference the terms of the Finance Agreement between the undersigned and Preferred Credit, Inc.\nincluding but not limited to the representations, warranties, liabilities, conditions and obligations of the undersigned contained therein.\n\n(Corporate, Firm or Trade Name of Seller)\n\nX\n\n(Owner, Officer or Firm Member)\n\nREVISED 10-1-2019\n\xc2\xa9 1990-2019 Preferred Credit, Inc. ALL RIGHTS RESERVED. Duplication of this document without the copyright owner\xe2\x80\x99s prior written consent is strictly prohibited.\n\nE-CA02-R\n\nPage 4 of 4\n\n\x0cAUTHORIZATION FOR PREAUTHORIZED PAYMENTS\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\nperiodic statement 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\npaid in full, or PCI has received 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\nscheduled payment. In addition to the payment 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\nAgreement following maturity, as permitted by applicable law.\nBank/Financial Institution Name:\nAccount Type:\n\nName (Print):\n\nLocation (City, State):\nRouting Number:\n\nAccount Number:\n\nSignature:\n\nX\n\nPage 1 of 1\n\n\x0cRev. 10/19\n\nFACTS\n\nWHAT DOES PREFERRED CREDIT, INC. (\xe2\x80\x9cPCI\xe2\x80\x9d) DO\nWITH YOUR PERSONAL INFORMATION?\n\nWhy?\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 us\nto tell you how we collect, share and protect your personal information. Please read this notice carefully to understand what we do.\n\nWhat?\n\nThe types of personal information we collect and share depend on the product or service you have with us. This information can include:\n\xe2\x96\xaa\n\xe2\x96\xaa\n\xe2\x96\xaa\n\nHow?\n\nSocial Security Number and income;\naccount balances and payment history; and\ncredit history and credit scores.\n\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 share\ntheir customers\xe2\x80\x99 personal information; the reasons PCI chooses to share; and whether you can limit this sharing.\n\nReasons we can share your personal information\n\nDoes PCI share?\n\nCan you limit this sharing?\n\nYes\n\nNo\n\nFor our marketing purposes \xe2\x80\x93\nto offer our products and services to you\n\nYes\n\nNo\n\nFor joint marketing with other financial companies\n\nNo\n\nWe don\xe2\x80\x99t share\n\nFor our affiliates\xe2\x80\x99 everyday business purposes \xe2\x80\x93\ninformation about your transactions and experiences\n\nNo\n\nWe don\xe2\x80\x99t share\n\nFor our affiliates\xe2\x80\x99 everyday business purposes \xe2\x80\x93\ninformation about your creditworthiness\n\nNo\n\nWe don\xe2\x80\x99t share\n\nNo\n\nWe don\xe2\x80\x99t share\n\nYes\n\nYes\n\nFor our everyday business purposes \xe2\x80\x93\nsuch as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or\nreport to the credit bureaus\n\nFor our affiliates to market to you\nFor nonaffiliates to market to you\n\nTo limit our\nsharing\n\n\xe2\x96\xaa\n\nMail in the form below\n\nPlease note:\nIf 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 continue to share\nyour information as described in this notice.\nHowever, you can contact us at any time to limit our sharing.\n\nQuestions? Call 320-255-9784 or go to www.preferredcredit.com\nMail-in Form\n\nLeave Blank\nOR\nIf you have a joint account, your\nchoice(s) will apply to everyone on\nyour account unless you mark below.\n\nMark any/all you want to limit:\n\nName\n\nMail to:\n\n\xe2\x9d\x91 Apply my choices only to me.\n\nAddress\n\nPreferred Credit, Inc.\n628 Roosevelt Road\nSt. Cloud, MN 56301\n\n\xe2\x9d\x91 Do not share my personal information with Nonaffiliates to market their products and services to me.\n\nCity, State, Zip\nAccount #\nPage 1 of 2\n\n\x0cPage 2\nWho we are\nWho is providing this notice?\n\nWhat we do\n\nPreferred Credit, Inc.\n\nHow does PCI protect my personal\ninformation?\n\nTo protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These\nmeasures include computer safeguards and secured files and buildings.\n\nHow does PCI collect my personal\ninformation?\n\nWe collect personal information, for example, when you\n\xe2\x96\xaa\n\xe2\x96\xaa\n\xe2\x96\xaa\n\napply for financing or give us your contact information\nprovide account information or pay your bills\nshow your government-issued ID\n\nWe also collect your personal information from others, such as credit bureaus, affiliates, or other companies.\nWhy can\xe2\x80\x99t I limit all sharing?\n\nFederal law gives you the right to limit only\n\xe2\x96\xaa\n\xe2\x96\xaa\n\xe2\x96\xaa\n\nsharing for affiliates\xe2\x80\x99 everyday business purposes - information about your creditworthiness\naffiliates from using your information to market to you\nsharing for nonaffiliates to market to you\n\nState laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.\nWhat happens when I limit sharing for an Your choice will apply to everyone on your account unless you tell us otherwise.\naccount I hold jointly with someone else?\n\nDefinitions\nAffiliates\n\nCompanies related by common ownership or control. They can be financial or nonfinancial companies.\n\n\xe2\x96\xaa\nNonaffiliates\n\nCompanies not related by common ownership or control. They can be financial and nonfinancial companies.\n\xe2\x96\xaa\n\nJoint Marketing\n\nPCI does not share with our affiliates\n\nNonaffiliates we share with can include direct marketing companies and the retailer named on your account\n\nA formal agreement between nonaffiliated financial companies that together market financial products or services to you.\n\n\xe2\x96\xaa\n\nPCI does not jointly market\n\nOther important information\n\nWe follow state law if state law provides you with additional privacy protections. For example, if (and while) your billing address is in Vermont, we will treat your account as if you had exercised\nthe opt-out choice described above and you do not need to contact us to opt out. If you move from Vermont and you wish to restrict us from sharing information about you as provided in this\nnotice, you must then contact us to exercise your opt-out choice.\n\nPage 2 of 2\n\n\x0c'


b"RETAIL INSTALLMENT CONTRACT/ SECURITY AGREEMENT\n\nPreferred Credit, Inc. \xe2\x80\x93 628 Roosevelt Road, St. Cloud, MN 56301 ZIP Line: 877-878-1079 Customer Service: 800-972-0825\nIF YOU ARE MARRIED, YOU MAY APPLY FOR CREDIT SEPARATELY 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 BUYER INFORMATION.\n\xe2\x9d\x91 JOINT \xe2\x80\x93 WITH ANOTHER PERSON. COMPLETE BUYER AND CO-BUYER INFORMATION.\n\nVerify Customer\xe2\x80\x99s\nGovernment Issued I.D.\nLast Name\n\nWE INTEND TO\n________________\nAPPLY FOR\nAPPLICANT/\nJOINT CREDIT\nBUYER INITIALS\n\nPCI Consumer Account No.\n__________________\nCO-APPLICANT/\nCO-BUYER INITIALS\n\n**** IDENTIFICATION VERIFICATION ****\nApplicant\xe2\x80\x99s Driver\xe2\x80\x99s License/I.D. #\n\nState\n\nExpirationDate\n\nCo-Applicant\xe2\x80\x99s Driver\xe2\x80\x99s License/I.D. #\n\nState\n\nExpirationDate\n\n**** APPLICANT INFORMATION ****\n\nFirst Name\n\nMiddle Init.\n\nPhysical Address\n\nDate of Birth\n\nSocial Security #\n\nHome Phone #\n\nCell Phone #\n\nApt./Lot # Mailing Address (If different from Physical Address)\n\nCity/State\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\n\nPrimary Income Type\n\nMonthly Gross Income\n\n\xe2\x9d\x91 Full-Time\n\xe2\x9d\x91 Part-Time\n\n$ _____________\n\n\xe2\x9d\x91 Self-Employed \xe2\x9d\x91 Military Pay Grade ___________________\n\xe2\x9d\x91 Retired\n\xe2\x9d\x91 Other______________________________\n_\nEmployer/Primary Source of Income\nJob Title\n\nYears There\n\nEmployer Phone\n\nEmail Address\n\nwish us to consider them in determining your credit worthiness.\n\nBusiness Ext. \xe2\x9d\x91\n\nOWNS\n\xe2\x9d\x91 RENTS\n\xe2\x9d\x91 PROVIDED \xe2\x9d\x91 OTHER\nBank Accounts\nPlease Check ALL that Apply:\n\nEmployer Location (City, State)\n\n}\n\n\xe2\x9d\x91 HOUSE\n\xe2\x9d\x91 MOBILE\n\nFirst Name\n\nMiddle Init.\n\nPhysical Address\n\nDate of Birth\n\nMonthly Gross Income\n\n\xe2\x9d\x91 Full-Time\n\xe2\x9d\x91 Part-Time\n\n$ _____________\nYears There\n\nEmployer Phone\n\n$\n_____________\n\xe2\x9d\x91 SAVINGS\n\nSocial Security #\n\nHome Phone #\n\nCell Phone #\nZIP\n\nCT17-W\nYears There\n\nOther Income Type(s) (Check ALL that apply): Alimony, child support and maintenance payments need not be disclosed if you do not\n\nPrimary Income Type\n\nJob Title\n\nMonthly Housing Payment\n\n\xe2\x9d\x91 CHECKING\n\nApt./Lot # City/State\n\n\xe2\x9d\x91 Self-Employed \xe2\x9d\x91 Military Pay Grade ___________________\n\xe2\x9d\x91 Retired\n\xe2\x9d\x91 Other______________________________\n_\nEmployer/Primary Source of Income\n\n$ ____________\n\n\xe2\x9d\x91 APT \xe2\x9d\x91 CONDO\n\xe2\x9d\x91 LIVES WITH FAMILY\n\nCO-APPLICANT INFORMATION: \xe2\x9d\x91 SPOUSE \xe2\x9d\x91 CO-BUYER; RELATIONSHIP: _________________________________________________________\nLast Name\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 ______________________________\n\nwish us to consider them in determining your credit worthiness.\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\nBusiness Ext. \xe2\x9d\x91\n\nOWNS\n\xe2\x9d\x91 RENTS\n\xe2\x9d\x91 PROVIDED \xe2\x9d\x91 OTHER\nBank Accounts\nPlease Check ALL that Apply:\n\nEmployer Location (City, State)\n\n}\n\n\xe2\x9d\x91 HOUSE\n\xe2\x9d\x91 MOBILE\n\n\xe2\x9d\x91 APT \xe2\x9d\x91 CONDO\n\xe2\x9d\x91 LIVES WITH FAMILY\n\n\xe2\x9d\x91 CHECKING\n\nMonthly Gross Other Income\n\n$ ____________\nMonthly Housing Payment\n\n$\n_____________\n\xe2\x9d\x91 SAVINGS\n\n**** REFERENCES ****\n(1) Name of Nearest Relative Not Living With You\n\nCity/State\n\nRelative\xe2\x80\x99s Phone\n\nRelationship\n\n(2) Name of Nearest Relative Not Living With You\n\nCity/State\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\nobtain consumer 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\nmay apply, and other uses 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\nwe may request concerning you; (e) authorize us to report your performance under this Retail Installment Contract (\xe2\x80\x9cAgreement\xe2\x80\x9d) to credit bureaus and others who may legally receive such\ninformation; (f) agree that we may monitor and record telephone calls regarding your account for quality assurance and for other reasons not prohibited by law; (g) expressly consent and\nagree to us using written, electronic or verbal means to contact you as not otherwise prohibited by law including, but not limited to, contact by manual calling methods, prerecorded or artificial\nvoice messages, text messages, emails, posts and/or automatic dialing systems and do so using any email address, social media account or telephone number you provide or we otherwise\nmay obtain, now or in the future, including a number for a mobile phone or other wireless device regardless of whether you may incur charges as a result; (h) acknowledge that the terms and\nconditions of this Agreement are subject to credit approval; (i) acknowledge that Interest Charges will be imposed in amounts or rates not in excess of those permitted by law; (j) grant us a\npurchase money security interest in the goods you purchase under this Agreement which are described in any order, invoice or similar document issued by the Seller which becomes part of this\nAgreement; and (k) acknowledge that you are receiving the Retail Installment Contract: Additional Terms and Disclosures. The Additional Terms and Disclosures are in effect on the date of\nexecution and incorporated herein.\n2. Insurance, if any, included in this Retail Installment Contract does not provide coverage for personal liability and property damage caused to others.\n3. THIS INSTRUMENT IS BASED UPON A HOME SOLICITATION SALE, WHICH SALE IS SUBJECT TO THE PROVISIONS OF THE HOME SOLICITATION SALES ACT. THIS\nINSTRUMENT IS NOT NEGOTIABLE.\n4. By signing below, you acknowledge that you have read Paragraph 9 of this Agreement and have been informed of the consequences of failing to make the first or any future\ndeferred or promotional installment payment in a timely manner.\nNOTICE TO THE BUYER: 1. Do not sign this contract before you read it or if it contains any blank space. 2. You are entitled to a Your initials below mean that (a) you have read\ncompletely filled-in copy of the contract when you sign it. 3. Under the law, you have the following rights, among others: (a) To pay and agree to the terms and conditions as set\noff in advance the full amount due and obtain a partial refund of any unearned interest charge; (b) to redeem the property if forth on all 5 pages of this Agreement; (b) you\nrepossessed for a default; (c) to require, under certain conditions, a resale of the property if repossessed. Your signatures below agree to the terms of this Agreement; and (c)\nmean that you have received a completely filled in copy of this Agreement. Keep this Agreement to protect your legal rights.\nyou will pay any advances made under this\nAgreement according to its terms.\n\nX\n\nDate\n\n/\n\n/\n\nDate\n\n/\n\n/\n\nBuyer\xe2\x80\x99s Signature\n\nX\n\nCo-Buyer\xe2\x80\x99s Signature\nSeller\xe2\x80\x99s Company Name and Address:\nCompany Name:\n\nSale Information\nConsultant:\n\nSeller\xe2\x80\x99s Initials:\n\nAddress:\n\nPCI Client No.:\n\nDecision Code:\n\nAUTHORIZATION FOR PREAUTHORIZED PAYMENTS\n\nBUYER IINITIALS\nPromotional Credit Plan (if applicable):\n\nCO-BUYER IINITIALS\n\nBy signing below, I hereby request and authorize Preferred Credit, Inc. (PCI) to initiate entries to debit my account on such dates and in such amounts as described in my signed Retail\nCharge Agreement (\xe2\x80\x9cAgreement\xe2\x80\x9d) and as otherwise described below. This authority is to remain in full force and effect until PCI is paid in full, or PCI and Bank/Financial Institution have\nreceived written notification from me of its termination at such time and in such manner as to afford PCI and Bank/Financial Institution a reasonable opportunity to act on it. 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\nby applicable law. If my payment is returned unpaid, I authorize PCI to make a one-time electronic fund transfer from my account to collect a fee as provided in my Agreement.\nBank/Financial Institution Name:\nCheck Which One Applies:\n\n\xe2\x9d\x91 CHECKING \xe2\x9d\x91 SAVINGS\n\nName (Print):\n\nLocation (City, State, Zip):\nRouting Number:\n\nAccount Number:\nSignature:\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. 05/17\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 us\nto 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 your 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 share\nHow?\ntheir 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. These\nmeasures 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 (With Full Recourse): For Value Received: Seller sells and assigns this Retail Installment Contract (the \xe2\x80\x9cAgreement\xe2\x80\x9d) to Preferred Credit, Inc.,\n628 Roosevelt Rd., Suite #100, P.O. Box 1679, St. Cloud, MN 56302, the assignee, its successors and assigns, including all of Seller\xe2\x80\x99s rights, title, and interest in this\nAgreement and any guarantee executed in connection with this Agreement. Assignee has full power to take all legal and other actions, which Seller could have taken\nunder this Agreement. The undersigned hereby guarantee payment of the Agreement in accordance with its terms and agree to pay all costs and reasonable attorney\xe2\x80\x99s\nfees incurred in enforcing the obligations of the undersigned hereunder.\n\nOpt-out\nElection\n\n(Corporate, Firm or Trade Name of Seller)\n(Owner, Officer or Firm Member)\n\n(Date)\n\nTHIS DOCUMENT IS SUBJECT TO A SECURITY INTEREST IN FAVOR OF US BANK NATIONAL ASSOCIATION.\n\nREVISED 07-10-2018\nPRINTED 00-00-2018\n\xc2\xa9 1990-2018 Preferred Credit, Inc. ALL RIGHTS RESERVED. Duplication of this document without the copyright owner\xe2\x80\x99s prior written consen t is strictly prohibited.\n\nCT17-W\nPage 2 of 5\n\n\x0cRETAIL INSTALLMENT CONTRACT: 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\nactivities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for\nyou: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your\ndriver's license or other identifying documents.\n\nInterest Rates and Interest Charges\nAnnual Percentage Rate (APR) for\nPurchases\nHow to Avoid Paying Interest\n\n17.99%. See your account agreement for more details.\n\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\nyou pay your entire balance by the due date each month.\nMinimum Interest Charge\nIf you are charged interest, the charge will be no less than $0.50. See your account agreement for more details.\nFor Credit Card Tips from the\nTo learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer\nConsumer Financial Protection Bureau Financial Protection Bureau at http://www.consumerfinance.gov/learnmore.\n\nFees\n\nTransaction Fees\nPenalty Fees\n\xe2\x80\xa2 Late Payment\n\nNone.\nThe lesser of $10 or 5% of the payment. See your account agreement for more details.\n\nNo Return Payment Fee will be charged.\n\xe2\x80\xa2 Return Payment\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9cdaily balance (including new purchases).\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 Installment Contract (\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\nassigns, that is the subject of 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\nthe Account. The words \xe2\x80\x9cwe,\xe2\x80\x9d \xe2\x80\x9cus\xe2\x80\x9d and \xe2\x80\x9cour\xe2\x80\x9d refer to the Seller, and any assignee of the Seller. The words \xe2\x80\x9cAcceptable Documentation\xe2\x80\x9d sh all refer to Purchase Orders,\nphone orders, or orders from our website, so long as such orders are signed (physically or electronically) or otherwise verbally or electronically authenticated. The words\n\xe2\x80\x9cApplicable Law\xe2\x80\x9d shall mean federal law and the laws of the state of Connecticut. You and we agree that these Applicable Laws apply to this Agreement. The words\n\xe2\x80\x9cPurchase Order\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\nof the initial credit limit 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\nto make additional purchases. You may make add-on purchases from the Seller or Seller's assigns which will be evidenced by Acceptable Documentation. Acceptable\nDocumentation must provide the cash price of the merchandise purchased. By signing future Acceptable Documentation you agree those purchases thereby confirmed\nwill be subject to this Agreement. You agree that add-on orders which exceed the credit limit established with your initial order are subject to credit approval. We reserve\nthe 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,\nand all other charges mentioned below, according to the terms of this Agreement. When you sign the Application for this Account, you will be agreeing to the terms and\nconditions in this Agreement, which include the cost of credit disclosures required by Applicable Law. This Agreement will not be effective until we approve your\nApplication, and we or our assignee provides any disclosures required by the Federal Truth in Lending Act, and then, after that, only if you or someone authorized by\nyou sign a Purchase Order or otherwise charge a purchase to this Account.\n4. Billing: You will be billed monthly for credit purchases from us, as shown on a Purchase Order signed by you (or completed at your direction), and for any previous\nunpaid balance. 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\nInterest Charge has been imposed. Your monthly periodic statement of account will show your new unpaid balance, any new purchases you have made since your last\nmonthly periodic statement of account, and your Minimum Monthly Payment. Your credit limit will also be shown on your monthly periodic statement of account.\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\nMonthly Payment, 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\nmay accept late payment, 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, Interest Charges will begin to accrue upon delivery of the merchandise you\npurchase. 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\nimposed on 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\n(which includes the period in which you make your initial purchase of merchandise under this Agreement), and (b) you pay off your Account in full by the payment due\ndate reflected in the monthly periodic statement of account for that billing period (though no payment may be due). We figure the Interest Charge on your Account by\napplying 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 the beginning balance\neach 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 amount\nof 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\ninterest amounts that were charged each day during the billing cycle. Your daily periodic rate and the corresponding Annual Percentage Rate are indicated in the chart\nbelow. The daily periodic rate will be the annual rate divided by 365 (366 in a leap year).\nApplicable\nDaily\nCorresponding\nLaw\nPeriodic Rate\nANNUAL PERCENTAGE RATE\nCT\n0.0493%\n17.99%\nThe portion of any balance arising from the sale of goods which are returned will be excluded from the unpaid balance as of t he date the goods are returned.\n7. Minimum Monthly Interest Charge: As allowed by Applicable Law, if the Interest Charge that results from the application of the above stated daily periodic rate (the\n\xe2\x80\x9cCalculated Interest Charge\xe2\x80\x9d), is less than $0.50, we will impose a minimum monthly INTEREST CHARGE of $0.50.\n8. Minimum Monthly Payment: You will make payments of at least the total Minimum Monthly Payment each month as required by our periodic statements of account.\nYour total Minimum Monthly Payment will consist of: (1) any past due amounts, and (2) a regularly scheduled Minimum Monthly Payment. The regularly scheduled\nMinimum Monthly Payment will be equal to the greater of: (a) the regularly scheduled Minimum Monthly Payment shown on your Purchase Order; (b) $25.00; or (c) the\napplicable percentage of the Account balance immediately following the first or any subsequent purchase as follows:\nBalance\nMinimum Monthly Payment Percentage\nUp to $2,000.00\n3.00%\n$2000.01 to $3000.00\n2.50%\nOver $3000.01\n2.00%\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\nthis Account, Promotional Credit Plans may be offered from time to time on specific additional purchases for qualified buyers. Purchases made under these Promotional\nCredit Plans may have different interest charge calculations and required minimum payments. A Promotional Credit Plan is strictly limited by its terms and the terms and\nconditions of the special promotion to which it relates. In addition, the benefits of a Promotional Credit Plan will expire and all accrued Interest Charges in these\nplans will be added to your Account if you fail to pay the promotional balance by the end of the promotional period or you are in default for a period of 60 or\nmore days during the promotional period. In addition, if any required payment on your Account is not made on time, you will owe a late fee (as described in\nParagraph 11 below) and we may exercise our rights described in Paragraph 13 below. The special promotions that may be offered include:\n9.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\naccount, and pay the Minimum Monthly Payment each billing period when due, no Interest Charges will be imposed on the purchase. If such payments are not made,\nInterest Charges from the date of delivery will be added to your Account either when you fail to make a payment within 60 days of the due date or, at the end\nof a Same as Cash Plan period, calculated at the rate and in the manner described in Paragraph 6 above for regular non-promotional purchases.\nPage 3 of 5\n\n\x0c9.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\nexpiration of the 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\nCash Plan and any remaining portion to any other balances. We may offer Same as Cash Plan periods of 6 months, 9 months, 12 months or of different lengths that we\nwill 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\nPayments, beginning with the oldest, then to the current Minimum Monthly Payment, and then to other unpaid late fees, costs a nd fees arising under this Agreement.\n11. Other Charges:\n11.a. Late Fees: 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 on time, calculated as Applicable\nLaw allows. The statutory time period for imposition of a Late Fee is 10 days after the due date (\xe2\x80\x9cDue Date\xe2\x80\x99) for each payment not received on the scheduled Due Date. Currently, the maximum\nlate fee allowed is 5% of the payment that is late or $10, whichever is less. Notwithstanding the preceding provisions, you will not be charged more than the amount of the required\nminimum periodic payment due immediately prior to the assessment of the late payment fee.\n11.b. Returned Check Charge: You will pay a returned check charge of $20 (which you agree we will add to the balance due on your Account) if any check, negotiable order of withdrawal,\nshare 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. Notwithstanding the preceding\nprovisions, you will not be charged more than the amount of the required minimum periodic payment due immediately prior to the date on which the payment is returned or otherwise\ndishonored. If your payment is returned unpaid, you authorize us to make a one-time electronic fund transfer from your account to collect a fee as provided above.\n11.c. Phone Payment Processing Fee: You will pay a phone payment processing fee (which you agree we will add to the balance due on your Account) for each expedited payment\nyou make by phone. The current phone payment processing fee is $11.75.\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\nLaw (including the Uniform Commercial Code). You will, on request, take all reasonable actions requested by us to preserve and protect the Goods and our security interest in the Goods.\nYou also agree to take all reasonable actions requested by us to establish, determine the priority of, perfect, continue the perfection of, terminate or enforce our security interest in the Goods\nand our rights under this Agreement. 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\nprohibited by Applicable Law 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\nalter the Goods without our prior written consent. You may lose the Goods if you do not meet your obligations to us under this Agreement. We have not (and will not) take any security interest\nto secure repayment of obligations under this Agreement apart from an interest in goods as set forth herein, even when a financing statement is filed. Accordingly, we do not maintain\nany interest in your dwelling or real property and waive any right we (or our assignee) may have to foreclose on real property pursuant to any applicable real property foreclosure laws.\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\nnot prohibited by Applicable Law, and subject to any notice required by Applicable Law, we may declare the full remaining balance immediately due and payable. We may\nrepossess 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\nof a late payment or nonpayment, we will not declare the full remaining balance immediately due and payable or repossess any article of merchandise if, within ten days of\nthe date on which the installment was due, we receive payment together with any late fees. If you fail to pay within 10 days of the due date, we may, at our option, declare the\nfull remaining balance immediately due and payable, to the extent permitted by Applicable law. Unless we are required by Applicable Law to provide you a notice of a right to\ncure, you agree that we do not have to give you notice that we intend to demand or are demanding immediate payment of all you owe. If the Account is referred to an attorney\nwho is not our salaried employee and we bring suit against you to collect the amount you owe and we are the prevailing party, you agree to pay our reasonable attorneys\xe2\x80\x99\nfees and court costs as not prohibited by Applicable Law. Attorneys\xe2\x80\x99 fees for collection will not exceed 15% of the amount due and payable under this Agreement. You also\nagree to pay our collection costs and costs incurred in taking the collateral, holding it, and selling it, as not prohibited by Applicable Law.\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\ngiving you advance notice. Some purchases will require prior authorization, in which case you may be asked to provide identification. If our authorizations system is\nunavailable, we may not be able to authorize a transaction, even if you have sufficient credit. We will not be liable to you if this happens. We are not responsible for the\nrefusal of anyone to accept or honor an addition to this Account. In addition, even if you cancel the use of your Account, you are still responsible for any Account balances\nincurred 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 law,\nany new terms may be applied to any balance existing on the Account at the time of the change, as well as subsequent transact ions.\n16. No Oral Modifications: You agree that we are not bound by any oral agreements or oral modifications to this Agreement.\n17. Home Solicitation Sale Laws: Home Solicitation Sale laws govern this transaction. The Home Solicitation Sale law applicable to this Agreement is Conn. Gen.\nStat. \xc2\xa7\xc2\xa7 42-134 et seq.\n18. 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\nother action not described 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. Telephone Recording: You understand and agree that for our mutual protection, we may electronically record any of your telephone conversations conducted with\nSeller or Seller's assigns, including Preferred Credit, Inc. (PCI), without further notice to the parties to such conversations. These telephone conversations include all\nconversations between you and Seller or Seller's assigns communicated via traditional telephone wire and wireless devices such as cordless and cellular phones. You\nacknowledge and consent to the retention of and use of such recordings by Seller or Seller's assigns, their employees, representatives and agents of all information and\ndata obtained in any recorded conversation for purposes of settling disputes as well as for ongoing quality assurance programs.\n21. Communications: You expressly authorize us or our agents to contact you at any phone number (including mobile, cellular/wireless, or similar devices), fax number,\nemail address or social media account, you provide at any time, for any lawful purpose. The ways in which we may contact you include live operator, automatic telephone\ndialing systems (auto-dialer), prerecorded message, text message, fax, email or post. Phone numbers, fax numbers, email addresses and social media accounts you\nprovide include those you give to us, those from which you contact us or which we obtain through other means. Such lawful purposes include, but are not limited to:\nobtaining information; account transactions or servicing related matters; suspected fraud or identity theft; collection on the Account; and providing information about\nspecial products and services. You agree to pay any fee(s) or charge(s) that you may incur for incoming communications from u s or outgoing communications to us, to\nor from any such number, email address or social media account, without reimbursement from us.\n22. 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\nagree that we may examine employment and income records, verify your credit references, and report to credit reporting agencies, merchants, and other creditors the status\nand payment history of your Account. A negative credit report may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations.\nYour Billing Rights. Keep This Notice For Future Use. This notice contains important information about your rights and our re sponsibilities under the Fair\nCredit 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., P.O. Box 1679, St. Cloud, MN 56302.\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 wro ng.\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\namount in question.\nWhat Will Happen After We Receive Your Letter\nPage 4 of 5\n\n\x0cWhen 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\nof the amount you owe 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\nyou as delinquent without also 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\nlet those organizations know when the matter has 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,\nyou may have the right not 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 m ust have been more\nthan $50. (Note: Neither of these are necessary if your purchase was based on an advertisement we mailed to you, or if we own the company that sold you\nthe 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\nqualify.\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., P.O. Box 1679, St. Cloud, MN 56302.\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\nthink you owe an amount 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\nAGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE\nDEBTOR SHALL NOT EXCEED AMOUNTS PAID BY THE DEBTOR HEREUNDER.\n\nREVISED 07-10-2018\nPRINTED 00-00-2018\n\xc2\xa9 1990-2018 Preferred Credit, Inc. ALL RIGHTS RESERVED. Duplication of this document without the copyright owner\xe2\x80\x99s prior written consen t is strictly prohibited.\n\nCT17-W\nPage 5 of 5\n\n\x0c"