b'RETAIL CHARGE AGREEMENT / 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\nAPPLY FOR ________________\nAPPLICANT/\nJOINT CREDIT\nBUYER 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\nDate of Birth\n\nPhysical Address\n\nApt./Lot #\n\nCity/State\n\nZIP\n\nPrimary Income Type\n\n\xe2\x9d\x91 Full-Time\n\xe2\x9d\x91 Part-Time\n\n\xe2\x9d\x91 Self-Employed\n\xe2\x9d\x91 Retired\n\nPCI Consumer Account No.\n_________________\nCO-APPLICANT/\nCO-BUYER INITIALS\n\nYears There\n\n\xe2\x9d\x91 Military Pay Grade ___________________\n\xe2\x9d\x91 Other_______________________________\n\nEmployer/Primary Source of Income\nJob Title\n\nMonthly Gross Income\n\n$\nYears There\n_____________\n\nEmployer Phone\n\nSocial Security #\n\nHome Phone #\n\nMailing Address (If different from Physical Address)\nEmail Address\nOther Income Type(s) (Check ALL that apply): Alimony, child support and maintenance payments need not be disclosed if you do not\n\nwish us to consider them in determining your credit worthiness.\n\xe2\x9d\x91 Full-Time\n\xe2\x9d\x91 Part-Time\n\n\xe2\x9d\x91 Self-Employed\n\xe2\x9d\x91 Retired\n\n\xe2\x9d\x91 Military Pay Grade ____________________\n\xe2\x9d\x91 Other ______________________________\n\n}\n\nBusiness Ext. \xe2\x9d\x91\n\nOWNS\n\xe2\x9d\x91 RENTS\n\xe2\x9d\x91 PROVIDED \xe2\x9d\x91 OTHER\nBank Accounts\nPlease Check ALL that Apply:\n\nEmployer Location (City, State)\n\nCell Phone #\n\n\xe2\x9d\x91 HOUSE\n\xe2\x9d\x91 MOBILE\n\n\xe2\x9d\x91 APT \xe2\x9d\x91 CONDO\n\xe2\x9d\x91 LIVES WITH FAMILY\n\nFirst Name\n\nMiddle Init.\n\nDate of Birth\n\nPhysical Address\n\nApt./Lot #\n\nPrimary Income Type\n\n\xe2\x9d\x91 Full-Time\n\xe2\x9d\x91 Part-Time\n\nMonthly Gross Income\n\n\xe2\x9d\x91 Self-Employed\n\xe2\x9d\x91 Retired\n\n\xe2\x9d\x91 Military Pay Grade ___________________\n\xe2\x9d\x91 Other_______________________________\n\nEmployer/Primary Source of Income\nJob Title\n\n$\nYears There\n_____________\n\nEmployer Phone\n\nSocial Security #\n\nMA16-W\n\nCity/State\n\n(2) Name of Nearest Relative Not Living With You\n\nCity/State\n\nCell Phone #\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\nwish us to consider them in determining your credit worthiness.\n\xe2\x9d\x91 Full-Time\n\xe2\x9d\x91 Part-Time\n\n\xe2\x9d\x91 Self-Employed\n\xe2\x9d\x91 Retired\n\n**** REFERENCES ****\n\n\xe2\x9d\x91 Military Pay Grade ____________________\n\xe2\x9d\x91 Other ______________________________\n\n}\n\nOWNS\n\xe2\x9d\x91 RENTS\n\xe2\x9d\x91 PROVIDED \xe2\x9d\x91 OTHER\nBank Accounts\nPlease Check ALL that Apply:\n\n(1) Name of Nearest Relative Not Living With You\n\n$ _____________\n\xe2\x9d\x91 SAVINGS\n\nHome Phone #\n\nBusiness Ext. \xe2\x9d\x91\n\nEmployer Location (City, State)\n\n$ ____________\nMonthly Housing Payment\n\n\xe2\x9d\x91 CHECKING\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 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\nRelative\xe2\x80\x99s Phone\n\nRelationship\n\nRelative\xe2\x80\x99s Phone\n\nRelationship\n\nMonthly Gross Other Income\n\n$ ____________\n\nMonthly Housing Payment\n\n$ _____________\n\xe2\x9d\x91 SAVINGS\n\nBy 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 consumer\nreports 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 uses not\nprohibited 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) agree\nthat 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 or\nverbal 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, posts and/or\nautomatic dialing systems and do so using any email address, social media account or telephone number you provide or we otherwise may obtain, now or in the future, including a number for a mobile\nphone or other wireless device regardless of whether you may incur charges as a result; (g) acknowledge that the terms and conditions of this Agreement are subject to credit approval; (h) acknowledge\nthat Interest Charges will be imposed in amounts or rates not in excess of those permitted by law; (i) acknowledge this instrument is based upon a home solicitation sale, which is subject to the provisions\nof the Home Sale Disclosure law set forth under Additional Terms and Disclosures in paragraph 17 "Home Sale Disclosure Laws"; (j) grant us a purchase money security interest in the goods you\npurchase under this Agreement which are described in any order, invoice or similar document issued by the Seller which becomes part of this Agreement; (k) acknowledge that this instrument is not\nnegotiable; and (l) acknowledge that you are receiving the Retail Charge Agreement: Additional Terms and Disclosures. The Additional Terms and Disclosures are in effect on the date of\nexecution and incorporated herein.\nNOTICE TO BUYER:\nYour initials below mean that (a) you have\n(1) Do not sign this agreement if any of the spaces intended for the agreed terms are left blank.\nread and agree to the terms and conditions\n(2) You are entitled to a copy of this agreement at the time you sign it.\nas set forth on all 5 pages of this Agreement;\n(3) You may at any time pay off the full unpaid balance under this agreement.\n(b) you agree to the terms of this Agreement;\n(4) You may under certain circumstances redeem the property, if repossessed because of your default, and you may, under certain (c) you will pay any advances made under\nconditions, require a resale of the property if repossessed.\nthis Agreement according to its terms; and\n(5) The seller has no right to unlawfully enter your premises or commit any breach of the peace to repossess goods purchased under (d) you have received a completely filled\nthis agreement.\nin copy of this Agreement.\n(6) You may cancel a purchase under this agreement if it has been signed by a party thereto at a place other than the address of the\nseller which may be his main office or branch thereof; provided you notify the seller in writing at his main office or branch, by ordinary\nmail posted, by telegram sent or by delivery, not later than midnight of the third business day following a purchase under this\nagreement.\n\nX\n\nDate\n\nBuyer\xe2\x80\x99sSignature\nSeller\xe2\x80\x99s Company Name and Address:\nCompany Name:\nAddress:\n\n/\n\n/\n\nX\n\nDate\n\nCo-Buyer\xe2\x80\x99sSignature\nSale Information\nConsultant:\n\nSeller\xe2\x80\x99s Initials:\n\nPCI Client No.:\n\nDecision Code:\n\nAUTHORIZATION FOR PREAUTHORIZED PAYMENTS\n\n/\n\n/\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 Charge Agreement (the \xe2\x80\x9cAgreement\xe2\x80\x9d) to Preferred Credit, Inc., 628 Roosevelt Rd.,\nSuite #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 Agreement and any guarantee executed in\nconnection with this Agreement. Assignee has full power to take all legal and other actions, which Seller could have taken under this Agreement. The undersigned hereby guarantee payment\nof the Agreement in accordance with its terms and agree to pay all costs and reasonable attorney\xe2\x80\x99s fees 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\nMA16-W\nPage 2 of 5\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\n\nAnnual Percentage Rate (APR) for\nSee your account agreement for more details.\nPurchases\nHow to Avoid Paying Interest\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.\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 Consumer To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection\nFinancial Protection Bureau\nBureau at http://www.consumerfinance.gov/learnmore.\n\n17.99%.\n\nFees\n\nTransaction Fees\nNone.\nPenalty Fees\n\xe2\x80\xa2 Late Payment\nThe lesser of $10 or 10% of the part of the payment that is late. See your account agreement for more details.\n\xe2\x80\xa2 Return Payment\nNo Return Payment fee will be charged.\nHow We Will Calculate Your Balance: We use a method called \xe2\x80\x9caverage daily 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\nof this Agreement. 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"\nrefer to the Seller, 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\nare signed (physically or electronically) or otherwise verbally or electronically authenticated. The words "Applicable Law" shall mean federal law and the laws of the Commonwealth of\nMassachusetts. You and we agree that these 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\nmerchandise 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 Truth in 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. You will\nreceive 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 imposed. Your monthly\nperiodic 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 Minimum Monthly\nPayment. 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, Interest Charges will begin to accrue upon delivery of the merchandise you purchase. Delivery\noccurs 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 new purchases, however, if: (a)\nthere 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 make your initial purchase\nof 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 billing period (though no\npayment may be due). We figure the Interest Charge on your Account by applying a daily periodic rate to the "average daily balance" of your Account (including current transactions) and\nmultiplying the result by the number of days in the billing period. To get the "average daily balance" we take the beginning balance of your Account each day, add any new purchases, and\nsubtract 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 number of days in the billing cycle. This\ngives us the \xe2\x80\x9caverage daily balance.\xe2\x80\x9d Your daily periodic rate and the corresponding Annual Percentage Rate are indicated on the chart below. The daily periodic rate will be the annual rate\ndivided by 365 (366 in a leap year).\nApplicable\nDaily\nCorresponding\nLaw\nPeriodic Rate\nANNUAL PERCENTAGE RATE\nMA\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 the 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 "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\nequal to the greater of: (a) the regularly scheduled Minimum Monthly Payment shown on your Purchase Order; (b) $25.00; or (c) the applicable percentage of the Account balance\nimmediately 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 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:\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\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.10. Application of Payments:\nUnless otherwise required by Applicable Law, payments except down payments, shall be applied first to past due Minimum Monthly Payments, beginning with the oldest, then to the current\nMinimum Monthly Payment, and then to other unpaid late fees, costs and fees arising under this Agreement.\n11. Other Charges\nPage 3 of 5\n\n\x0c11.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\nlate fee allowed is 10% of the part 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.\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\nalso 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 and\nour 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: We may declare the full remaining balance immediately due and payable (subject to any notice required by Applicable Law) if we do not receive one or more installment payments\nas required by this Agreement, or if an event occurs that substantially impairs the value of the merchandise in which we have a security interest (see paragraph 12 above). We may also\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 of a late payment\nor nonpayment, we will not declare the full remaining balance immediately due and payable or repossess any article of merchandise if, within fifteen days of the date on which the installment\nwas due, we receive payment together with any late 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\npayable, to the extent permitted by Applicable law. Unless we 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\nwe 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 against you to collect\nthe amount you owe and we are the prevailing party, you agree to pay our reasonable attorneys\xe2\x80\x99 fees and court costs as not prohibited by Applicable Law. You also agree to pay our collection\ncosts 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 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 new\nterms may be applied to any balance existing on the Account at the time of the change, as well as subsequent transactions.\n16. No Verbal Modifications: You agree that we are not bound by any verbal agreements or verbal modifications to this Agreement.\n17. Home Sale Disclosure Laws: Home Sale Disclosure laws govern this transaction. The Home Sale Disclosure law applicable to this Agreement is Mass. Gen. Laws ch. 93 \xc2\xa7 48.\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 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. 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.\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, email address or\nsocial media account, you 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),\nprerecorded message, text message, fax, email or post. Phone numbers, fax numbers, email addresses and social media accounts you provide include those you give to us, those from which\nyou contact us or which we obtain through other means. Such lawful purposes include, but are not limited to: obtaining information; account transactions or servicing related matters; suspected\nfraud or identity theft; collection on 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\ncommunications from us or outgoing communications to us, to or 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 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.\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., 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 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 has\nbeen 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.\nPage 4 of 5\n\n\x0cYour 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., 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 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 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\nMA16-W\n\nPage 5 of 5\n\n\x0c'


b"CONSUMER PAPER/ RETAIL CHARGE AGREEMENT/ SECURITY AGREEMENT\nPreferred Credit, Inc. \xe2\x80\x93 628 Roosevelt Road, St. Cloud, MN 56301 ZIP Line: 877-878-1079 Customer Service: 800-972-0825\n\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\nApplicant\xe2\x80\x99s Driver\xe2\x80\x99s License/I.D. #\n\nWE INTEND TO\n________________\nAPPLY FOR\nAPPLICANT/\nJOINT CREDIT BUYER INITIALS\n\n**** IDENTIFICATION VERIFICATION ****\n\nCo-Applicant\xe2\x80\x99s Driver\xe2\x80\x99s License/I.D. #\nFirst Name\n\nMiddle Init.\n\nDate of Birth\n\nExpirationDate\n\nState\n\nExpirationDate\n\nSocialSecurity #\n\nHome Phone #\n\nCellPhone #\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\nState\n\n**** APPLICANT INFORMATION ****\n\nPhysical Address\n\nPrimary Income Type\n\n__________________\nCO-APPLICANT/\nCO-BUYER INITIALS\n\nZIP\n\n\xe2\x9d\x91 Self-Employed\n\xe2\x9d\x91 Retired\n\nYears There\n\n\xe2\x9d\x91 Military Pay Grade _____________________\n\xe2\x9d\x91 Other _______________________________\n\nOther Income Type(s) (Check ALL that apply): Alimony, child support and maintenance payments need not be disclosed if you do not\n\nMonthly Gross Income\n\n$ _____________\n\nEmployer/Primary Source of Income\n\nYears There\n\nJob Title\n\nEmployer Phone\n\nEmail Address\n\nwish us to consider them in determining your credit worthiness.\n\n}\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\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\n$ ____________\n\n\xe2\x9d\x91 HOUSE \xe2\x9d\x91 APT \xe2\x9d\x91 CONDO\n\xe2\x9d\x91 MOBILE \xe2\x9d\x91 LIVES WITH FAMILY\n\nMonthly Housing Payment\n\n$ _____________\n\n\xe2\x9d\x91 CHECKING\n\n\xe2\x9d\x91 SAVINGS\n\nUN44-R\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\nSocialSecurity #\n\nHome Phone #\n\nCellPhone #\n\nApt./Lot # City/State\n\nPrimary Income Type\n\n$ _____________\n\nEmployer/Primary Source of Income\n\nYears There\n\nJob Title\n\nEmployer Phone\n\nCity/State\n\n(2) Name of Nearest Relative Not Living With You\n\nCity/State\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\n}\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(1) Name of Nearest Relative Not Living With You\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\nMonthly Gross 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\nZIP\n\n**** REFERENCES ****\n\n\xe2\x9d\x91 HOUSE \xe2\x9d\x91 APT \xe2\x9d\x91 CONDO\n\xe2\x9d\x91 MOBILE \xe2\x9d\x91 LIVES WITH FAMILY\n\xe2\x9d\x91 CHECKING\n\nRelative\xe2\x80\x99s Phone\n\nRelationship\n\nRelative\xe2\x80\x99s Phone\n\nRelationship\n\nMonthly Gross Other Income\n\n$ ____________\nMonthly Housing Payment\n\n$ _____________\n\xe2\x9d\x91 SAVINGS\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 consumer\nreports 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 uses not prohibited\nby 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) agree that we may monitor\nand 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 or verbal means to contact you\nas not otherwise prohibited by law including, but not limited to, contact by manual calling methods, prerecorded or artificial voice messages, text messages, emails, posts and/or automatic dialing systems and do\nso using any email address, social media account or telephone number you provide or we otherwise may obtain, now or in the future, including a number for a mobile phone or other wireless device regardless\nof whether you 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\nrates not 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 which becomes part of this Agreement; (k) acknowledge that this instrument is not negotiable and (l) acknowledge that you are receiving the Retail\nCharge Agreement: Additional Terms and Disclosures. The Additional Terms and Disclosures are in effect on the date of execution and incorporated herein.\n2. If Delaware law governs (see paragraphs 1 and 20 of this Agreement), service charges not in excess of those permitted by law will be charged on the outstanding balances from month to month.\n3. If Arizona law governs (see paragraphs 1 and 20 of this Agreement), 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) Your initials below mean that (a) you have\nYou are entitled to 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 read and agree to the terms and conditions\nthis Agreement. (d) BUYER\xe2\x80\x99S RIGHT TO CANCEL: If Iowa, New Hampshire, Washington or Wyoming law governs (see paragraphs 1 and as set forth on all 6 pages of this Agreement;\n20 of this Agreement), you may cancel any purchases made under this Agreement if the seller or his representative solicited in person (b) you agree to the terms of this Agreement;\nsuch purchase, and you sign an agreement for such purchase, at a place other than the seller's business address shown on this and (c) you will pay any advances made\nAgreement, by sending notice of such cancellation by certified mail return receipt requested to the seller at his address shown on this under this Agreement according to its terms.\nAgreement, which notice shall be posted not later than midnight of the third day (excluding Sundays and holidays) following your signing\nof the purchase agreement. If you choose to cancel the purchase, you must return or make available to seller at the place of delivery any\nmerchandise, in its original condition, received by you under the purchase agreement. See the notice of cancellation in your copy of the\npurchase order. If New Hampshire is the Applicable law: ANY BUYER MAY CANCEL THIS TRANSACTION ANY TIME PRIOR TO\nMIDNIGHT OF THE THIRD BUSINESS DAY AFTER THE DATE OF THIS TRANSACTION. Your signatures below mean that you have\nreceived a completely filled in copy of this Agreement. Keep this Agreement to protect your legal rights.\n\nX\n\nDate\n\nBuyer\xe2\x80\x99sSignature\nSeller\xe2\x80\x99s Company Name and Address:\nCompany Name:\nAddress:\n\n/\n\n/\n\nX\n\nDate\n\nCo-Buyer\xe2\x80\x99sSignature\nSale Information\nConsultant:\n\nSeller\xe2\x80\x99s Initials:\n\nPCI Client No.:\n\nDecision Code:\n\nAUTHORIZATION FOR PREAUTHORIZED PAYMENTS\n\n/\n\n/\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 Charge\nAgreement (\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 received written\nnotification 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 payment amount, I\nrequest 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. If my\npayment 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 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 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 Charge Agreement (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\nUN44-R\n\nPage 2 of 6\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,\nFederal law 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\nan 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 driver's license or other identifying\ndocuments.\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\nConsumer Financial 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\nyour entire balance by the due date each month.\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\naccount 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\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 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\nis 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 the Account. The words\n\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 shall refer to Purchase Orders, phone orders, or orders from our\nwebsite, so long as such orders are signed (physically or electronically) or otherwise verbally or electronically authenticated. The words \xe2\x80\x9cApplicable Law\xe2\x80\x9d shall mean federal law\nand the laws of the state, commonwealth, or territory of your residence, as indicated in the \xe2\x80\x9cBuyer Information\xe2\x80\x9d portion of your application for this Account (if Maryland, you and we\nagree that Maryland law includes specifically Title 12, Subtitle 9, Maryland Commercial Law Article-Credit Grantor Revolving Credit Provisions) and the state in which this Account\nis operated. You and we agree that these 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\nprice 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\ninitial 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 to make\nadditional purchases. You may make add-on purchases from the Seller or Seller's assigns which will be evidenced by Acceptable Documentation. Acceptable Documentation must\nprovide the cash price of the merchandise purchased. By signing future Acceptable Documentation you agree those purchases thereby confirmed will be subject to this Agreement.\nYou agree that add-on orders which exceed the credit limit established with your initial order are subject to credit approval. We reserve the right to deny authorization for any\nrequested 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\nother 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 conditions in this\nAgreement, which include the cost of credit disclosures required by Applicable Law. This Agreement will not be effective until we approve your Application and we or our assignee\nprovides any disclosures required by the federal Truth in Lending Act, and then, after that, only if you or someone authorized by you sign a Purchase Order or otherwise charge a\npurchase 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\nbalance. 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. If Kentucky, Michigan, Oklahoma, Oregon or Tennessee law governs (see paragraphs 1 and 20 of this Agreement), you will receive a monthly periodic statement\nof account if you have an outstanding balance.\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\nMinimum Monthly 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\nOffice. We may 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 purchase.\nDelivery 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 new purchases,\nhowever, 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\nyou 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\nof account 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\nyour Account (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\nof your Account each day, 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\ncycle and divide the total by the number 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\nRate are indicated in the chart below. 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\nCO, GA, IN, LA, MS, OK, TN, WY\n0.0575%\n21%\nAK, AZ, DE, ID, IA, IL, KS, KY, MD, MI, MO, MT, NH,\n0.0603%\n21.99%\nND, NM, NV, NJ, OR, PA, SC, SD, UT, VA, WA\nNotwithstanding the above, if Colorado, Delaware, Georgia, Idaho, Illinois, Kentucky, Michigan, Nevada, New Hampshire, North Dakota, Oregon, Tennessee, Virginia or\nWashington law governs (see paragraphs 1 & 20 of this Agreement), 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\nfor each day in the billing cycle. 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\nthat day. This gives us the daily balance. Then, we calculate the amount of interest charged by multiplying the applicable daily periodic rate by each daily balance on your account. Your\nInterest Charge for the billing cycle is the sum of the interest amounts that were charged each day during the billing cycle. If Michigan Law governs (see paragraphs 1 and 20 of this\nAgreement), the Annual Percentage Rate indicated in the above chart is the maximum amount and rate of the time price differential to be charged and paid under this Agreement.\nNotwithstanding the above, if Virginia law governs (see paragraphs 1 and 20 of this Agreement) and we receive payment in full for the unpaid balance on your Account prior to the\ndate we next send a billing statement, no additional Interest Charges will be imposed for the current billing period. The portion of any balance arising from the sale of goods which\nare returned will be excluded from the unpaid balance as of the date the goods are returned. Notwithstanding the above, if Mississippi law governs (see paragraphs 1 and 20 of\nthis Agreement) and we receive payment in full for the outstanding balance of your Account, as shown on the billing statement, within one month from the date of the billing\nstatement, we will not impose Interest Charges on the new purchases appearing on that billing statement. If Maryland law governs (see paragraphs 1 and 20 of this Agreement)\nand 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 impose\nInterest Charges for the current billing period. 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\nthe 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 \xe2\x80\x9cCalculated\nInterest Charge\xe2\x80\x9d), is less than $0.50, we will impose a minimum monthly INTEREST CHARGE of $0.50, and if Michigan, Missouri or Tennessee law governs (see paragraphs 1\nand 20 of this Agreement), and if the Calculated Interest Charge is less than $0.70, we will impose a minimum monthly INTEREST CHARGE of $0.70, and if Delaware, Georgia\nor Washington law governs (see paragraphs 1 & 20 of this Agreement), and if the Calculated Interest Charge is less than $1.00, we will impose a minimum monthly INTEREST\nCHARGE of $1.00, and if Kentucky, Maryland, Mississippi or Virginia law governs (see paragraphs 1 and 20 of this Agreement) and we receive payment in full for the unpaid\nbalance on your Account prior to the next billing date, we will not impose a minimum additional Interest Charge for that billing period.\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.\nYour total Minimum Monthly Payment will consist of: (1) any past due amounts, and (2) a regularly scheduled Minimum Monthly Payment. The regularly scheduled Minimum\nMonthly 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) 3.00% of the Account\nbalance immediately following the first or any subsequent purchase on your Account.\nPage 3 of 6\n\n\x0c9. Promotional Credit Plans: In addition to purchases that accrue Interest Charges and require monthly payments as described previously in this Agreement, as part\nof this 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 plans will\nbe 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 more days during the\npromotional 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\naccount, and pay the Minimum Monthly Payment each billing period when due, no Interest Charges will be imposed on the purchas e. 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 of the Same\nas 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\npreceding expiration 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\nas Cash 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\nwe 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\nPayments, beginning with the oldest, then to the current Minimum Monthly Payment, and then to other unpaid late fees, costs and fees arising under this Agreement. In\nColorado and Indiana: For purposes of assessing delinquency charges, payments first will be applied to the current payment due in the payment period in which the\npayment is received and then to delinquent installments. Mississippi: Payments will first be applied to any finance charge, next to repayment of cash advanced or other\ncredit 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\npayments not made on time, calculated as Applicable Law allows. Except in Alaska, Iowa, Maryland, New Hampshire, Nevada, Oregon, Pennsylvania and Virginia (7\ndays), the statutory time period for the imposition of a Late 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.\nCurrently, Applicable Law (see paragraphs 1 and 20 of this Agreement) provides for the late fees provided in the table below:\nAZ, KS, MO\n$10, $5 when the monthly payment is less than $25\nTN\n$5\nMD, NJ\n$10\nCO\n$15\nIN (The amount of the late fee is subject to change as allowed by Ind. Code \xc2\xa724-4.5-1-106.)\n$19\nGA, NH, ND, SD, WA\n$25\nIA\n$30\nID (minimum $15), LA (minimum $10), OK (minimum $25.50), SC (minimum $7.40, maximum $18.50), UT\n5% of the unpaid amount of the installment\n(minimum $30), WY (minimum $10)\nAK (minimum $10), IL (minimum $10), KY (minimum $10), MI (minimum $15), MS (minimum $25), NV, OR, PA\n5% of the installment\n(minimum $25), VA\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\nfor any violation occurring within six billing cycles of a previous late payment. In addition, regardless of the amounts refl ected above, you will not be charged more than\nthe amount of the required minimum periodic 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\ndue on your Account) if 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\nbank or other institution on which it is drawn. We will impose the maximum returned check charge as Applicable Law allows (see paragraphs 1 and 20 of this Agreement)\nof 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\nOR, WA\n$35\nDE, MS (a separate demand will be made), ND\n$40\nAK, KY, NH, SD, VA\n$50\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,\nor $35 for any violation occurring within six billing cycles of a previously dishonored payment. In addition, regardless of the amounts reflected above, you will not be charged more\nthan the amount of the required minimum periodic payment due immediately prior to the date on which the payment is returned or otherwise dishonored. If your payment is returned\nunpaid, 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: Except in Colorado, Delaware, Illinois, Indiana, Kansas, and Kentucky, you will pay the current phone payment processing fee (which\nyou agree we will 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\n$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\nApplicable Law (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\ninterest in the Goods. You also agree to take all reasonable actions requested by us to establish, determine the priority of, perfect, continue the perfection of, terminate or enforce\nour security interest in the Goods and 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\nsecurity interest allows us to take actions not prohibited by Applicable Law governing security interests in the Goods. You also agree to keep the Goods installed at the address\nyou provided in your credit application and to not remove or alter the Goods without our prior written consent. You may lose the Goods if you do not meet your obligations to us\nunder 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\nprohibited 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 also\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 of a\nlate 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 the date on\nwhich 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 full remaining\nbalance immediately due 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,\nyou 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 who is\nnot 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 fees and court\ncosts not prohibited by Applicable Law. In Colorado, Missouri, Montana and Oklahoma, attorney\xe2\x80\x99s fees for collection will not exceed 15% of the unpaid debt. In New Hampshire, if\nyou prevail in any action, suit or proceeding 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,\nsetoff, recoupment or counterclaim to an action brought 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.\nIn North Dakota you will not have to pay our attorney\xe2\x80\x99s fees. 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\nadvance notice. 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\nbe 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 refusal of anyone to accept or honor\nan addition to this Account. In addition, even if you cancel the use of your Account, you are still responsible for any Account balances incurred by an authorized user that remain\nunpaid.\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\nLaw, any new 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\nPage 4 of 6\n\n\x0c17. 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\nparagraphs 1 and 20 of this Agreement: in Alaska, Alaska Stat. \xc2\xa7 45.02.350; Arizona, title 44, chapter 15; Delaware, Del. Code Ann. tit. 6, \xc2\xa7\xc2\xa7 4401 et seq.; Georgia, Ga. Code Ann.\n\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.; Kansas, Kan.\nStat. 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.; Michigan,\nMich. 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\nJersey Door-to-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 57-1221; North Dakota, N.D. Century 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\xa72017; South Carolina, S.C. Code Ann. \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,\nUtah Code Ann. \xc2\xa7\xc2\xa7 70C-5-101 et seq.; Virginia, Va. 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,\nWyo. Stat. \xc2\xa7 40-12-104 and Wyo. Sta. \xc2\xa7\xc2\xa7 40-14-251 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 other\naction 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. 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\nSeller's assigns, including Preferred Credit, Inc. (PCI), without further notice to the parties to such conversations. These telephone conversations include all conversations between\nyou and Seller or Seller's assigns communicated via traditional telephone wire and wireless devices such as cordless and cellular phones. You acknowledge and consent to the\nretention of and use of such recordings by Seller or Seller's assigns, their employees, representatives and agents of all information and data obtained in any recorded conversation\nfor purposes of settling disputes as well as 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, email\naddress 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 dialing systems\n(auto-dialer), prerecorded message, text message, fax, email or post. Phone numbers, fax numbers, email addresses and social media accounts you provide include those you\ngive to us, those from which you contact us or which we obtain through other means. Such lawful purposes include, but are not limited to: obtaining information; account transactions\nor servicing related matters; suspected fraud or identity theft; collection on the Account; and providing information about special products and services. You agree to pay any fee(s)\nor charge(s) that you may incur for incoming communications from us or outgoing communications to us, to or from any such number, email address or social media account,\nwithout 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\nthat we may examine employment and income records, verify your credit references, and report to credit reporting agencies, merchants, and other creditors the status and payment\nhistory 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.\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\nCLAIM THE PROPERTY 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\nthat you want 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\nthe borrower, such 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\nnot enforceable. To protect you (borrower(s)) and us (creditor) from misunderstanding or disappointment, any agreements we reach covering such matters are\ncontained in this writing, 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\nagainst the 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\nyou and sold 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\nprocedures, and consent 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\nof merchandise and other rights under Articles 2331, 2332, 2336, 2722, 2723, and 2724 of the Louisiana Code of Civil Procedures when the articles of merchandise is sold under\nexecutory process or other legal process, 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\nof merchandise is taken from you through legal proceedings. If you owe us a deficiency, you may be charged interest at the Annual Percentage Rate or the highest lawful rate until\nyou pay us all that you owe.\nYour Billing Rights. Keep This Notice For Future Use. This notice contains important information about your rights and our responsibilities under the Fair Credit\nBilling 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 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\nquestion.\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.\nPage 5 of 6\n\n\x0c\xe2\x80\xa2\n\xe2\x80\xa2\n\xe2\x80\xa2\n\nThe charge in question may remain on your statement, and we may continue to charge you interest on that amount.\nWhile you do not have to pay the amount in question, you are responsible for the remainder of your balance.\nWe can apply any unpaid amount against your credit limit.\n\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\namount 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 you as\ndelinquent 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 let those\norganizations 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, you may\nhave 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 must have been more than $50.\n(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 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., 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 think you\nowe 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 AGAINST\nTHE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL\nNOT 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\nUN44-R\n\nPage 6 of 6\n\n\x0c"