Interest Rate and Interest Charges

Annual  Percentage  Rate  (APR)  for
Standard Purchases

19.99%

Paying Interest

Your  due  date  is  at  least  23  days  after  the  close  of  each
billing  cycle.  We  will  not  charge  any  interest  on  Standard
Purchases or  Special Interest  Purchases if  you pay  your en-
tire balance  by the  due date  each month.  We will  begin ac-
interest  from  the  transaction  posting  date,  as
cruing 
discussed further in the Terms and Conditions.

OH Residents

WI Residents

The Ohio  laws against  discrimination require  that all  credit-
ors make credit equally available to all creditworthy custom-
ers,  and  that  credit  reporting  agencies  maintain  separate
credit  histories  on  each  individual  upon  request.  The  Ohio
Civil  Rights  Commission  administers  compliance  with  this
law.

No  provision  of  a  marital  property  agreement,  unilateral
statement under Section 766.59, or court decree under Sec-
tion  766.70  adversely  affects  the  interest  of  WebBank,  un-
less  WebBank,  prior  to  the  time  credit  is  granted,  is
furnished a  copy of  the agreement,  statement, or  decree or
has actual knowledge of the adverse provision when the ob-
ligation  to  WebBank  is  incurred.  If  you  are  married,  please
contact us immediately  at: “Klarna Credit  Customer Service,
P.O. Box  8116, Columbus,  Ohio 43201,”  and provide  us with
the name and address of your spouse. We are required to in-
form your  spouse that  we have  opened a  credit account  for
you.

Minimum Interest Charge

If  you  are  charged  interest,  the  charge  will  be  no  less  than
$2.00 per month.

For  Credit  Card  Tips  from  the  Con-
sumer Financial Protection Bureau

To  learn  more  about  factors  to  consider  when  applying  for
or using a credit card, visit the website of the Consumer Fin-
ancial  Protection  Bureau  at:  http://www.consumerfin-
ance.gov/learnmore.

This  Agreement  contains  Important  Disclosures,  Electronic  Communications  Agreement,  Terms  and
Conditions and  WebBank Privacy  Policy. The  Terms and  Conditions include  a mandatory  agreement to
arbitrate  disputes  under  Section  26.  If  you  are  a  Covered  Borrower  under  the  Military  Lending  Act,  as
defined by federal law, Section 26 will not apply to you. Please review each section carefully.

Electronic Communications Agreement

Fees

Annual Fee

Penalty Fees

None

Late Payment Fee
Returned Payment Fee
Over the Limit Fee

Up to $35.00
Up to $35.00
None

Other Important Information

How We Will Calculate Your Balance

Billing Rights

WebBank  uses  the  “daily  balance”  method  (including  for
new  purchases,  with  daily  compounding).  See  the  Terms
and Conditions for more details.

Information on  your rights  to dispute  transactions and  how
to exercise those rights is provided in the Terms and Condi-
tions.

Amendment of Terms and Conditions WebBank may  amend this  Agreement, including  any of  the
terms stated  in Important  Disclosures, from  time to  time, in
accordance  with  the  section  of  the  Terms  and  Conditions
entitled "Amendment of this Agreement."

Important  Information  about  Proced-
ures for Opening a New Account

To  help  the  government  fight  the  funding  of  terrorism  and
money laundering activities, federal 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  an  account,  WebBank  will
obtain your name, address,  date of birth, and  other informa-
tion that  will allow  WebBank to  identify you.  WebBank may
verify  this  information  with  you  and  others.  WebBank  may
also request  to see  your driver’s  license or  other identifying
documents.

State Disclosures

All  Accounts,  including  CA,  NY,  UT,  RI
& VT Residents

• As  required  by  applicable  law,  you  are  hereby  notified
that  a  negative  credit  report  reflecting  on  your  credit
record may  be submitted  to a  credit reporting  agency if
you fail to fulfill the terms of your credit obligations.

• We  and/or  Klarna  Inc.  can  provide  all  communications  and  other  information  relating  to  your
application  for  and/or  use  of  Klarna  Credit,  including  but  not  limited  to  agreements,  privacy
notices,  billing  statements,  change  in  terms,  adverse  action  notices  and  any  other  disclosures
required by law (collectively,  “Communications”) to you electronically,  including via our website
or the email address(es) that you provided to us.

• You are providing  your consent to  receive electronic communications  pursuant to the  Electronic
Signatures in Global and National Commerce Act and you and we intend that the statute applies
to the fullest extent possible.

• You are providing  your electronic signature  on agreements and  documents, which has  the same

effect as if you signed them in ink.

• You are able to and will access and retain any Communication received from us.

• This consent applies to this transaction, and to all  future Communications from WebBank and/or
Klarna  Inc.,  unless  you  have  withdrawn  your  consent  by  the  procedure  outlined  below  in
“Withdrawing Consent.”

• A computer or a mobile device with an internet connection.

• A current web browser that includes 128-bit encryption with cookies enabled.

• A valid email address.

• Sufficient storage space to save past Communications or a means to print them.

• We  may  order  credit  reports 

tell  you 

in  connection  with
processing  applications/solicitations  and  any  update,
renewal, or increase in the Credit Line. Upon request, we
will 
the  name  and  address  of  any
consumer-reporting  agency  that  furnished  a  report  on
you.  You  consent  to  the  obtaining  of  such  reports  by
signing  or  otherwise  submitting  an  application  or
solicitation.

• NY  Residents:  Klarna  Credit  Customer  Service,
1-844-4KLARNA.  New  York  Residents  may  contact  the
New  York  State  Department  of  Financial  Services  by
telephone  or  visit  its  website  for  free  information  on
comparative  credit  card  rates,  fees,  and  grace  periods.
New  York  State  Department  of  Financial  Services
1-877-226-5697 or www.dfs.ny.gov.

• All  accounts  are  individual  accounts;  each  applicant

must apply separately.

WebBank Klarna Credit Account AgreementThis Agreement governs your use of Klarna Credit, an open-end credit plan offered by WebBank. Byusing Klarna Credit, you agree that you have reviewed this Agreement.Important Disclosures Regarding Klarna CreditPlease review the Important Disclosures below.  See Terms and Conditions for information aboutPromotional Purchases.Consent to Electronic CommunicationsBy clicking “Agree and Place Order” and/or checking “I agree to receive these terms and other requireddisclosures electronically,” you consent and agree that:You understand and acknowledge that, in order to access and retain Communications, you will need thefollowing:Withdrawing Consent or Requesting Paper CopyIf you’d like to withdraw your consent to receive Communications electronically, you may contact us inwriting at “Klarna Credit Customer Service, P.O. Box 8116, Columbus, Ohio 43201.” If you withdraw yourconsent, we may prohibit you from using Klarna Credit or certain other Klarna services.You may also request paper copies of any specific Communication within 180 days of the date of theCommunication without withdrawing your electronic communications consent given in this Agreement.To request a paper copy, please contact us in writing at “Klarna Credit Customer Service, P.O. Box 8116,Columbus, Ohio 43201.”Updating Email AddressAt any time, you may update the email address to which Communications may be sent and at which youmay be contacted electronically. If you change your email address, you must notify us. You can updateyour email address by contacting us in writing at “Klarna Credit Customer Service, P.O. Box 8116,Columbus, Ohio 43201, or by using a web service tool we may provide you with.Klarna Credit Terms and ConditionsTHIS AGREEMENT INCLUDES THE MANDATORY USE OF ARBITRATION ON AN INDIVIDUAL BASIS TORESOLVE DISPUTES, WITH LIMITED EXCEPTIONS, RATHER THAN JURY TRIALS OR CLASS ACTIONS,AND LIMITS THE REMEDIES AVAILABLE TO YOU IN THE EVENT OF A DISPUTE.This Agreement sets forth the terms and conditions regarding your Klarna Credit Account and theextensions of credit made by WebBank. Please read this Agreement and keep a copy.What Are Purchase-Specific Promotions? “Purchase-Specific Promotions” are offers of special promo-
tional terms specific to a Purchase or a group of Purchases. We may offer any of the following Pur-
chase-Specific Promotions from time to time:
• Reduced Interest Purchases
• Deferred Interest Purchases (sometimes marketed as “No Interest if Paid in Full”)
• Planned Payment Purchases

What Are Reduced Interest Purchases? “Reduced Interest Purchases” are Purchases subject to a Pur-
chase-Specific Promotion on  which no interest  or reduced interest  will apply. The  promotional period
starts on the  date the Purchase  is made and  may last six  months or longer  as disclosed at  the time of
Purchase. There are three types of Reduced Interest Purchases:
• “No  Interest  +  Minimum  Payment  Purchases”  are  Purchases  on  which  (i)  no  interest  will  apply
during  the  promotional  period  and  (ii)  you  owe  the  Minimum  Payment  Due  by  each  monthly
Payment Due Date during the promotional period.

• “Special Interest  Purchases” are  Purchases on  which (i)  a Promotional  APR that  is lower  than the
Standard APR  will apply  during the  promotional period  and (ii)  you owe  the Minimum  Payment
Due by each monthly Payment Due Date during the promotional period.

Interest.
• For No  Interest +  Minimum Payment  Purchases, we  will not  charge any  interest for  the Purchase
during the promotional  period. You still  have the obligation  to pay at  least the Minimum  Payment
Due  by  each  monthly  Payment  Due  Date  during  the  promotional  period.  If  any  balance  on  No
Interest  +  Minimum  Payment  Purchases  remains  after  the  Expiration  Date,  such  balance  will  be
treated as Standard Balance and the Standard APR and payment terms will apply to such balance.
• For Special  Interest Purchases,  a Promotional  APR lower  than the  Standard APR  will apply  during
the  promotional  period.  You  have  the  obligation  to  pay  at  least  the  Minimum  Payment  Due  by
each monthly Payment Due Date during the  promotional period. If any balance on Special  Interest
Purchases remains after the Expiration Date, such balance will be  treated as Standard Balance and
the Standard APR and payment terms will apply to such balance.

During the  first six  months of  a promotional  period following  the date  of Purchase,  we will  not in-
crease the  Promotional APR  to the  Standard APR,  even if  you fail  to pay  a Minimum  Payment Due
by a Payment Due Date that falls within the first six months of the promotional period.  After the first
six months  of the  promotional period  (if the  promotional period  is longer  than six  months), if  you
fail to pay  a Minimum Payment  Due within 60  days following the  Payment Due Date,  we may raise
the Promotional APR to the Standard APR  and transfer the balance to the Standard  Balance, as per-
mitted by applicable  law. Please note  that you will  be subject to  the applicable Late  Payment Fee if
you miss your Minimum Payment Due at any time during the promotional period.

No  Grace  Period  for  No  Interest  +  Minimum  Payment  Purchases.  No  Interest  +  Minimum  Payment
Purchases  do  not  have  a  Grace  Period.  You  can  avoid  paying  interest  by  paying  the  Minimum  Pay-
ment  Due  by  each  Payment  Due  Date  within  the  promotional  period  and  by  paying  any  remaining
balance in full by the Expiration Date.

Grace Period May Apply to Special Interest Purchases. A Grace Period of at least 23 days may apply to
new  Special  Interest  Purchases.  For  additional  information  on  Grace  Period,  see  the  “Interest  and
Grace Period” section of this Agreement.

What Are Deferred Interest  Purchases? “Deferred Interest Purchases”  are Purchases (i) that  accrue in-
terest  at  the  Standard  APR  during  the  promotional  period  and  (ii)  on  which  you  owe  the  Minimum
Payment Due each month during the promotional period; however, we will not charge the accrued in-
terest to you if  you pay your balance  in full by the  Expiration Date. The promotional  period may be six
months or longer as disclosed when the Purchase is made.

Interest. If  you pay  the balance  on a  Deferred Interest  Purchase in  full by  the Expiration  Date, we  will
not charge  any interest  for that  Purchase. We  will calculate  the interest  at the  Standard APR  for each
Billing Cycle  prior to  the Expiration  Date and  disclose it  on the  billing statement  as the  “Accrued De-
ferred Interest.” If  you do not  pay the balance  of a Deferred  Interest Purchase in  full before its  Expira-
tion Date,  (i) on  the Expiration  Date, we  may charge  your Account  for all  the interest  that accrued  on
that Deferred  Interest Purchase  from its  transaction posting  date (even  if you  paid a  portion of  your
balance by  the Expiration  Date), and  (ii) any  remaining balance,  including interest  charged under  (i),
will be treated as a Standard Purchase beginning on the Expiration Date.

No  Grace  Period.  Deferred  Interest  Purchases  do  not  have  a  Grace  Period.  However,  you  can  avoid
paying interest on a  Deferred Interest Purchase by  paying the balance in  full by the Expiration  Date. If
you do  not pay  the balance  in full  by the  Expiration Date,  you will  be charged  the entire  interest that
accrued on  all Promotional  Purchases at  the Standard  APR from  their respective  transaction posting
dates.

“Standard APR”  means the  Annual Percentage  Rate for  Standard Purchases  identified in  the Important
Disclosures.

What  Are  Standard  Purchases?  “Standard  Purchases”  are  all  Purchases  that  are  not  Promotional
Purchases.  The  Standard  Balance  is  the  total  of  all  unpaid  balances  of  (i)  Standard  Purchases,  (ii)
Promotional  Purchase  which  remains  after  its  Expiration  Date,  as  applicable,  and  (iii)  to  the  extent
permitted  by  applicable  law,  Promotional  Purchases  on  which  you  fail  to  make  the  applicable
Minimum Payment Due for a period of time.

Applicable APR.  Standard Purchases  and other  purchases that  become part  of the  Standard Balance
are  subject  to  the  Standard  APR  and  other  terms  provided  in  Important  Disclosures,  as  well  as  the
Minimum Payment Due set forth below.

Grace Period May Apply. A Grace Period of at least 23 days may apply to new Standard Purchases.
For  additional  information  on  Grace  Period,  see  the  “Interest  and  Grace  Period”  section  of  this
Agreement.

1. Certain DefinitionsThe following definitions are used frequently in this Agreement:“Account” means the Klarna Credit open-end (revolving) account offered by WebBank that is thesubject of this Agreement.“Agreement” means the Important Disclosures, Electronic Communications Agreement, Terms andConditions, WebBank Privacy Policy, and any amendment or addendum to any of the foregoing.“Billing Cycle” means the time between the dates on which we prepare billing statements, or wouldhave prepared them if statements were required under the “Billing Statements” section of thisAgreement.“Credit Line” means the dollar amount of credit available for you to borrow on this Account. The totalbalances of all types of transactions on the Account plus transactions which have been authorized butnot yet posted to the Account (but not including unpaid Fees) may not exceed the Credit Line.“Expiration Date” means the date on which a promotional period ends for Promotional Purchases.“Grace Period” means the period within which you may repay a loan or extension of credit withoutincurring any interest, as further described in the “Interest and Grace Period” section of this Agreement.“Klarna Inc.” located in Columbus, Ohio, developed Klarna Credit and provides services for WebBank,such as processing transactions, keeping records, sending billing statements, and providing customerservice.“Merchant” means a merchant participating in and authorized to accept Klarna Credit as a paymentoption.“Payment Due Date” means the date which will appear on each billing statement as the “Payment DueDate” for the Billing Cycle. The Payment Due Date will be on approximately the same day each month.We may change the Payment Due Date at our option, and will notify you if we do so.“Purchases” are purchases of goods and services, not including returns and credits, for which we extendcredit on the Account when you choose Klarna Credit to pay for a purchase from a Merchant website orother authorized location, or when you choose Klarna Credit to pay for any outstanding Klarna pay afterdelivery invoice or other goods and services from Klarna Inc. at the Klarna Inc. consumer portal or otherauthorized location. You may occasionally see references to “credit card purchases” because underfederal law this is considered a credit card account. We discuss different categories of Purchases in the“Standard and Promotional Purchases” section of the Agreement.“Promotional APR” means a special APR in effect during a promotional period that may be 0% orgreater but lower than the Standard APR.“We,” “us,” and ”our” mean WebBank.“WebBank” means the lender of your Klarna Credit account.“You” are the individual who may use this Account to make Purchases and who agrees to be bound bythe terms of this Agreement.2. How You Agree to This AgreementYou agree to the terms of this Agreement and you make the promises it contains by either applying foror accepting an Account, or making a Purchase using your Account after receipt of this Agreement.3. Standard and Promotional PurchasesThis section details the terms and conditions that apply to Standard Purchases you make using theAccount, as well as promotional offers that may be available to you from time to time.  This section isdivided into two parts: (i) Standard Purchases and (ii) Promotional Purchases.  Promotional Purchasesinclude purchases made under a Purchase-Specific Promotion.a. Standard Purchases (sometimes marketed as “Flexible Month-to-Month”)b. Promotional PurchasesFrom time to time, we may make promotional offers to you, which may include special PromotionalAPRs, repayment schedules, minimum payment rules and other terms that affect the way PromotionalPurchases are repaid.  These special promotions are made available at our discretion and for a limitedperiod of time, are subject to credit approval, may not be available for all purchases and cannot bechanged by customer request.We use the term “Promotional Purchases” to describe purchases made under Purchase-SpecificPromotions. When you make a Promotional Purchase, it will be identified on your billing statements.Promotional Purchases may be separately itemized or may, at our option, be grouped together in the“Interest Charge Calculation” and “Promotional Purchases” sections of your billing statement.We may offer the promotions described below from time to time. In addition we may revise or removeany of them at any time, or add more promotions from time to time.Purchase-Specific PromotionsPurchase-Specific Promotions – Reduced Interest PurchasesPurchase-Specific Promotions – Deferred Interest Purchases (sometimes marketed as  "No Interest ifPaid in Full")What Are  Planned Payments  Purchases?   “Planned Payments  Purchases” are  Promotional Purchases
that  will  be  repaid  in  substantially  equal  monthly  installments  called  “Monthly  Planned  Payments.”
Planned Payments  Purchases will  be subject  to the  repayment terms  offered at  the time  of the  Pur-
chase.
• There are two types of Planned Payments Purchases:

❍ “Planned  No  Interest  Payments  Purchases”  are  Planned  Payments  Purchases  on  which  no

interest will be charged.

❍ “Planned  Interest  Bearing  Payments  Purchases”  are  Planned  Payments  Purchases  on  which
interest  will  be  charged.  The  Promotional  APR  for  Planned  Interest  Bearing  Payments
Purchases  may  vary  by  Merchant  and  will  be  disclosed  at  the  time  of  Purchase,  but  will  not
exceed the Standard APR.

Interest.

• For  Planned  No  Interest  Payments  Purchases,  we  will  not  charge  any  interest  during  the
promotional  period.    You  have  the  obligation  to  pay  each  Monthly  Planned  Payment  by  the
applicable Payment Due Date during the promotional period and pay the Purchase balance in full
by the Expiration Date.

• For  Planned  Interest  Bearing  Payments  Purchases,  we  will  charge  interest  at  the  applicable
Promotional  APR  during  the  promotional  period.    You  have  the  obligation  to  pay  each  Monthly
Planned Payment consisting of your principal and accrued interest by the applicable Payment Due
Date during the promotional period and pay the Purchase balance in full by the Expiration Date.

The Promotional APR on any Planned Payments Purchase will never increase, but you are required
to make each Monthly Planned Payment.  Please note that you will be  subject to the applicable Late
Payment Fee if you miss your Monthly Planned Payment at any time during the promotional period.

Payments.

Depending on the  purchase you make  and the Merchant  from whom you  make it, you  may have one
or both of the following options:
• You  may  have  the  option  to  choose  the  number  of  months  until  the  Expiration  Date  (called  the
“term”) to  pay the  balance. For  example, you  may have  the option  to pay  the balance  in six  (6),
twelve  (12)  or  eighteen  (18)  months,  The  Monthly  Planned  Payments  are  calculated  to  be
substantially equal  so that  as long  as you  pay each  of them  by the  applicable Payment  Due Date,
you  will  pay  off  the  entire  balance  of  the  Purchase  by  the  Expiration  Date.  We  will  disclose  the
estimated Monthly Planned Payment amount to you when you choose the term.

• If  applicable,  you  must  pay  a  Minimum  Interest  Charge  in  addition  to  the  Monthly  Planned
Payment.  Sometimes,  we  may  include  the  potential  Minimum  Interest  Charge  amount  in  the
Monthly Planned  Payment amount  initially offered  to you.  Regardless of  such disclosure,  you will
not  be  billed  for  the  Minimum  Interest  Charge  unless  it  applies  to  your  Account  during  the
applicable Billing Cycle. This means that in the Billing Cycles the Minimum Interest Charge is not
owed,  the  actual  billed  amount  of  a  Monthly  Planned  Payment  will  be  less  than  the  amount  of
Monthly  Planned  Payment  initially  disclosed  to  you.  If  there  are  multiple  Monthly  Planned
Payments, we  will choose  one of  such Payments  and reduce  its initially  disclosed amount  by the
Minimum Interest Charge.

• The Monthly Planned Payment due  on the scheduled Expiration Date  (or sooner if you pay  off the

balance early) will be adjusted as necessary to pay the amount you owe at that time.

• Please note that  the actual amount  of the Monthly  Planned Payments you  owe under your  billing
statements may be different from our original  estimate if you pay more or less  than your Minimum
Payments Due during the promotional  period, if you pay early  or late, or if your  ordered items ship
at different times.  Please see “Orders Consisting of Multiple Items” below for further information.

No Grace Period. Planned Payments Purchases do not have a Grace Period. However, for Planned No
Interest  Payments  Purchases,  you  can  avoid  paying  interest  by  paying  each  Monthly  Planned  Pay-
ment on  time and  the balance  in full  by the  Expiration Date.  Planned Interest  Bearing Payments  Pur-
chases  are  subject  to  the  applicable  Promotional  APR  from  the  date  of  the  Purchase  until  the
Purchase balance is paid in full.

Orders Consisting of Multiple Items.  Generally, transactions are posted when the Merchant ships your
order.  If  every  item  in  your  Purchase  is  shipped  on  the  same  day,  your  Monthly  Planned  Payment
amounts will be substantially  consistent with the estimated  amounts we disclosed or  you chose at the
time of Purchase (subject to any minimum interest charge and other  applicable fees or how much you
pay in excess  of the Minimum  Payments Due during  the promotional period).  But if the  items in your
Purchase ship  at different  times, your  Monthly Planned  Payment amounts  will be  affected as  follows.
If, in  any given  Billing Cycle  during the  promotional period,  the total  retail price  for the  then-shipped
but unpaid items  is less than  your estimated Monthly  Planned Payment amount  for that Billing  Cycle,
your actual  Monthly Planned  Payment amount  we will  bill you  for will  equal the  total retail  price for
the  unpaid,  shipped  items,  not  the  originally  estimated  amount.  If,  in  any  given  Billing  Cycle  during
the promotional period,  the total retail  price for the  then-shipped but unpaid  items equals or  exceeds
the  estimated  Monthly  Planned  Payment  amount  for  that  Billing  Cycle,  then  your  actual  Monthly
Planned Payment amount will be consistent with the estimated amount.

At our  discretion, we  may allow  you to  skip making  the Minimum  Payment Due.  The applicable  Pro-
motional APR  or Standard  APR will  be assessed  during the  skip-payment period,  but a  Late Payment
Fee will  not be  assessed. If  you attempt  to make  a payment  during the  skip-payment period  and the
payment is  returned unpaid  by your  bank or  financial institution,  a Returned  Payment Fee  will be  as-
sessed in  accordance with  the “Fees”  section of  this Agreement.  This option  will not  be considered  a
waiver of  any of  our rights  described in  this Agreement.  All other  terms of  your Account  apply during
the skip-payment period.

When  Interest  Charges  Start  to  Accrue.    INTEREST  BEGINS  TO  ACCRUE  ON  THE  TRANSACTION
POSTING  DATE  FOR  ALL  PURCHASES,  except  that  interest  does  not  accrue  on  any  portion  of  a
Standard  Purchase  or  Special  Interest  Purchase  that  you  repay  during  the  Grace  Period,  if  a  Grace
Period applies as set forth in this section.

Grace Period.
All new  Standard Purchases  or Special  Interest Purchases  are subject  to a  Grace Period  of at  least 23
days, if such new  Purchases are made during  a Billing Cycle (the  “current Billing Cycle”) in  which you
paid the  balances of  Standard Purchases  or Special  Interest Purchases  outstanding at  the end  of the
preceding  Billing  Cycle,  on  or  before  the  Payment  Due  Date  of  the  current  Billing  Cycle.  If  the  new
Standard  Purchases  or  Special  Interest  Purchases  made  in  the  current  Billing  Cycle  are  subject  to  a
Grace Period,  we will  not charge  interest on  such new  Purchases if  you pay  the balance  of such  Pur-
chases in  full by  the Payment  Due Date  in the  following Billing  Cycle. For  example, consider  the fol-
lowing scenario:

• Your Billing Cycle runs from the 15th of each month to the 14th of the next month;
• Your Account had a balance of $0.00 on January 15;
• You make a $500.00 Standard Purchase on February 1;
• We send you a statement on or about February 15 with a Payment Due Date of March 12; and
• You pay $500.00 (the full balance) by March 12; then
• We will not charge any interest on this transaction.

Where the new Standard Purchases or Special Interest Purchases made  in the current Billing Cycle are
subject to  a Grace  Period, you  will lose  the benefit  of the  Grace Period  if you  do not  pay the  balance
for such  Purchases in  full by  the Payment  Due Date  in the  following Billing  Cycle. For  example, con-
sider the following scenario:

• Your Billing Cycle runs from the 15th of each month to the 14th of the next month;
• Your Account had a balance of $0.00 on January 15;
• You make a $500.00 Standard Purchase on February 1 (Grace Period applies);
• We send you a statement on or about February 15 with a Payment Due Date of March 12; and
• You pay $400.00 (only part of the full balance) by March 12; then

❍ We will not charge any interest on the $400.00 you paid (due to existing Grace Period);

❍ We  will  charge  interest  on  the  unpaid  balance  of  $100.00  from  February  15  to  March  14  (the
March 15 billing statement will show such accrued interest  as a finance charge you must pay by
the next Payment Due Date); and

❍ New Purchases  made in  the February  15 to  March 14  Billing Cycle  will not  qualify for  a Grace
Period because you  did not pay,  on or before  the March 12  Payment Due Date,  the balances of
all Standard  Purchases or  Special Interest  Purchases, made  during the  January 15  to February
14 Billing Cycle.

In order for new Purchases in the current Billing Cycle to qualify for the Grace Period again, you must
pay all  outstanding balances  on Standard  Purchases and  Special Interest  Purchases made  during the
preceding Billing Cycle in full by the Payment Due Date of the current Billing Cycle.

How We Calculate Interest.
We calculate  interest for  each Billing  Cycle using  the Daily  Balance method;  interest is  compounded
daily. A separate Daily Balance is calculated for each balance type that carries a different APR.
• How  we  get  to  the  Daily  Balance:  We  take  the  starting  balance  each  day  for  each  balance  type
with a different APR, add any new charges, interest for the previous day and fees, and subtract any
payments and credits  (treating any net  credit balance as  zero). This gives  us the daily  balance for
each balance type.

• How  we  get  the  interest  charge  for  each  balance  type:  For  each  day  of  the  Billing  Cycle,  we
multiply  the  Daily  Balance  of  each  balance  type  by  the  Daily  Periodic  Rate  applicable  to  that
balance. Then we add together the  daily interest charges for each day  of the Billing Cycle for each
balance  type.  This  gives  us  the  interest  charges  for  the  Billing  Cycle  for  each  of  your  different
balances.

❍ “Daily Periodic  Rate” is  a daily  interest rate.  The daily  periodic rate  for a  given balance  is equal

to the APR for that balance divided by 365 (or by 366 in a leap year).

• How we  get the  interest charge  for the  Billing Cycle:  We will  then add  up the  interest for  all the

balance types, to get the interest for the Account.

Minimum Interest Charge. We charge a minimum of $2.00 of interest in any Billing Cycle in which you
owe interest. Once  the minimum interest  charge has been  assessed, it will  become part of  the Stand-
ard Balance that is subject to the Standard APR.

Rate of  Interest. We  will compute  the interest  on Standard  Purchases and  Promotional Purchases  us-
ing the Daily Periodic Rate of 0.05477% (or 0.05462% in a leap year). This corresponds to the Stand-
ard  APR  of  19.99%.  However,  if  we  have  disclosed  a  special  Promotional  APR  for  Promotional
Purchases at the  time we made  the special offer,  during the promotional  period, we will  compute the
interest on those Promotional Purchases balances using that special Promotional APR.

Purchase-Specific Promotions – Planned Payments PurchasesSkip Pay Option4. Interest and Grace Period5. FeesYou agree to pay the following fees, as applicable. You agree that we may allocate any fee to yourStandard Purchases balance.Late Payment Fee. If we do not receive the Minimum Payment Due by its Payment Due Date, we will
charge  you  a  Late  Payment  Fee  of  up  to  $25.00.  If  this  happens  again  within  the  next  six  Billing
Cycles, we  will charge  you a  Late Payment  Fee of  up to  $35.00. However,  the Late  Payment Fee  will
not exceed the applicable  Minimum Payment Due. No  Late Payment Fee will  be due if the  reason the
Minimum Payment Due is late is either:

• attributable solely to a Late Payment Fee assessed on an earlier payment; or
• because, after default, the entire balance on this Account is due.

No  interest  will  be  assessed  on  a  Late  Payment  Fee  until  its  Payment  Due  Date  as  reflected  on  the
billing statement.  After such Payment Due Date, any unpaid portion of the Late Payment Fee will be-
come part of the Standard Balance that is subject to the Standard APR.

Returned Payment  Fee. If  your payment  on the  Account is  returned unpaid  when we  present to  your
bank or financial institution for “not sufficient funds” or for other reasons such as a closed account, we
will  charge  you  a  Returned  Payment  Fee  of  up  to  $25.00.  If  this  happens  again  within  the  next  six
Billing  Cycles,  we  will  charge  you  a  Returned  Payment  Fee  of  up  to  $35.00.  However,  the  Returned
Payment Fee will not exceed the applicable Minimum Payment Due.

No interest will be assessed on a Returned Payment Fee until its Payment Due Date as reflected on the
billing statement.  After such Payment Due Date, any unpaid portion of the Returned Payment Fee will
become part of the Standard Balance that is subject to the Standard APR.

The Minimum Payment Due for each Billing Cycle will be the greater of:

$25.00

AND

2% of the balances on the Account (excluding any balance (i) on a Planned Payments Purchase
prior to its Expiration Date and (ii) that is past due from previous Billing Cycles) on the last day
of that Billing Cycle

+

Any interest accrued on the Account (excluding any accrued interest on Planned Payment Pur-
chases and any accrued deferred interest on Deferred Interest Purchases prior to its Expiration
Date) in that Billing Cycle

+

Any Late Payment Fees, Returned Payment Fees and Minimum Interest Charge assessed on the
Account in that Billing Cycle

+

Monthly Planned Payment Due

+

Any amounts past due from previous Billing Cycles

However, the Minimum Payment Due for  any Billing Cycle will never be  greater than the total balance
outstanding  on  the  Account  (“New  Balance”  disclosed  on  the  Billing  Statement)  at  the  end  of  such
Billing Cycle  (excluding any  portion of  the balance  on a  Planned Payments  Purchase that  is not  yet
due).

Credits for  refunds and  returns are  not treated  as payments;  you must  still make  the Minimum  Pay-
ment Due in a Billing Cycle during which your Account received a credit, unless the credit reduced the
balance to zero.

• Payments  received  by  8:00  p.m.  eastern  time  will  be  credited  to  your  Account  the  same  day

received.

• Payments received after 8:00 p.m. eastern time will be credited the next business day.

a. Privacy Policy. Our or Klarna Inc.’s collection and use of your personal information in connection with
Klarna  Credit  is  governed  by  the  WebBank  Privacy  Policy.  Klarna  Inc.’s  collection  and  use  of  your
information  in  connection  with  services  offered  by  Klarna  Inc.  (including  Klarna  Checkout  and  Klarna
pay after delivery) is governed by the Klarna Privacy Policy.

6. Minimum Payment Due7. Payment Application and PrepaymentWe will use each payment in the amount of the Minimum Payment Due or less to pay your balancesfrom oldest to newest.You may at any time pay the total unpaid balance without any additional charge for prepayment. If youpay more than the Minimum Payment Due in any Billing Cycle, you still must make the MinimumPayment Due the next Billing Cycle. We will use any amount in excess of the Minimum Payment Due topay the balances with the highest interest rate, then the next highest interest rate, and so forth.However, during the two Billing Cycles immediately preceding the Expiration Date of any DeferredInterest Purchase, we will use such excess payments first to pay the balance on such Deferred InterestPurchase.8. Other Agreements about Payments to Your AccountIf you make a payment (a) by ACH at Klarna’s online customer portal or (b) by sending a check ormoney order to the address specified on your billing statement:If you do not use one of the payment options above, and/or do not comply with the following additionalpayment requirements, crediting of your payment may be delayed up to 5 days or your payment may berejected.Additional payment requirements:  All payments must be in U.S. dollars and drawn on an account at aU.S. financial institution. When sending your payment by mail, you must send it to the address shown onthe billing statement and write your account number on your check or on a separate piece of paper thatyou send with the check. If we send you a paper billing statement, you must use the envelope providedwith your billing statement, make sure our address is showing through the envelope window andinclude your payment coupon. Do not send cash or include paper clips, staples, tape or othercorrespondence with your payment.Agreement for Electronic Withdrawal.  If you pay by check, you authorize us to either use theinformation from your check to make a one-time electronic funds transfer from your checking accountor to process the payment as a check transaction. When we use the information from your check tomake an electronic funds transfer, the funds may be withdrawn from your account as soon as the sameday we receive your payment, and you will not receive your check back from your financial institution.Communications concerning disputed debts. All communications to us by you concerning disputeddebts, including a check or instrument tendered as full satisfaction of the Account (for examplemarked “paid in full”) must be sent to “Klarna Credit Customer Service, P.O. Box 8116, Columbus,Ohio 43201.”9. Your Credit Line and Other Agreementsa. Credit Line. At the time you open your Account, we will evaluate your request for credit. If we extendyou credit, we will disclose to you the total amount of your Credit Line, which will be no less than$300.00. Your Credit Line is shown on your billing statement. We may increase or reduce your CreditLine without giving you prior notice, and may do so even if you pay on time and your Account is not indefault. We will not consider any direct request from you for a Credit Line increase. We will proactivelyconsider increasing your Credit Line whenever you attempt to make a purchase that cannot beaccommodated by your existing Credit Line.b. We may charge your Account for Purchases. You authorize us to charge your Account for the cost ofany Purchase you, or anyone to whom you have given permission to use your Account, make usingKlarna Credit. You understand that the amount that we actually pay to the Merchant for any Purchasemay be less than the cost of the Purchase, because the Merchant may agree that we or a third party mayretain a portion of the cost in order to accept Klarna Credit.We may authorize charges that cause your Account balance to exceed your Credit Line. If this happens,we will not charge an over-the-limit fee. You agree to promptly pay the amount of your Account balanceabove your Credit Line if we request you to do so. This may or may not change your Credit Line forfuture Purchases.We may decline to authorize a charge for any reason, including suspected fraud and our assessment ofyour creditworthiness, and even if the charge would not cause your Account balance to exceed yourCredit Line and your Account is not in default. We are not responsible for any losses you incur if we donot authorize a charge or if any Merchant refuses to accept Klarna Credit.c. We may charge your Account for Interest and Fees. You authorize us to charge your Account forinterest, any fees, costs of collection, and amounts that you agree in this Agreement to pay.10. Your Personal Informationb. Purchases. By making a Purchase, you authorize the Merchant to share your personal information(including email address) with us to verify your identity, make a credit decision, complete yourtransaction, service your Account, and/or for all other lawful purposes.11. Your Promises to Usa. Promise to Pay. You promise to repay to us all extensions of credit (including any and all Purchases)you have authorized us to charge to this Account and any accrued interest and fees as agreed in thisAgreement.b. Promise to Manage Credit Line. You promise to manage your Account so that your Account balance(including interest) is not more than your Credit Line.c. Minimum Payment Due. You promise to pay at least the Minimum Payment Due on or before thePayment Due Date each month and in accordance with the reasonable requirements set forth hereinand on each billing statement.d. Personal Financial Information. You promise to give us personal financial information about you thatwe may reasonably request, from time to time.e. Collection Costs. You promise to pay all costs of collection as provided in this Agreement.f. Your Contact Information. You promise to promptly notify us if you change your name, mailingaddress, email address, or telephone number. In doing so, you agree that you will not give us falseinformation or signatures, electronic or otherwise, at any time.g. Age and Residency. You promise that you are of legal age in the state where you reside and are aresident of the U.S.A. when you accept this Agreement and open the Account.h. Merchant Disputes. You promise that, if you are dissatisfied with goods or services you purchasedfrom a Merchant, you will try in good faith to resolve the dispute and correct the problem directly withthe Merchant. This shall in no way limit or reduce your rights in case of a billing error.12. Security InterestWe will not take any security interest to secure this Account.• Fail to make any payment when due;

• Violate,  or  are  unwilling  or  unable  to  perform,  any  provision,  obligation  or  other  requirement

applicable to you under this Agreement;

• Pass away or become incompetent;

• Become the subject of bankruptcy or insolvency proceedings;

• Supply us  with any  misleading, false,  incomplete, or  incorrect information  or signature,  or fail  to

supply us with any information we deem necessary;

• Default under any other loan, agreement, or account you have with us or any of our affiliates;

• Exceed your Credit Line; or

• Give us a payment returned unpaid by your bank or financial institution for any reason.

You may qualify for the protections set forth in the Klarna Buyer Protection Policy.

13. Billing Statements and Credit Balancesa. Billing Statements. We will provide a billing statement for each Billing Cycle as required byapplicable law. We will provide electronic billing statements in accordance with your consent to theElectronic Communications Agreement.b. Credit Balances. We will refund any credit balance in excess of $1.00 to you as required by law. Youauthorize us to make the refund either (i) by check to your mailing address on file, or (ii) by directdeposit to your bank account on file or stated on any check you presented to us for payment(s).14. DefaultYou will be in default if you:15. Effect of Defaulta. Our Rights. If you are in default, we may suspend or close your Account, require you to pay the fullamount you owe immediately, or take any other action permitted by law. This may happen without priornotice unless otherwise required by applicable law. If we exercise our rights, this Agreement willcontinue to apply to your Account.b. Collection Costs. You agree to pay all costs of collection (including reasonable attorneys’ fees andexpenses) if we take any action to collect this Account after default, and to the maximum amountpermitted by applicable law, if permitted.16. TerminationWe may terminate your Account or this Agreement at any time for any reason without prior notice,subject to limitations of applicable law. After termination, you will not be able to make new Purchasesbut you will still have to pay any remaining balance in full. All other provisions of this Agreement willcontinue to apply.17. Liabilitya. Our Liability. Neither we nor Klarna Inc. will be responsible for any Merchant’s failure to acceptpayment using Klarna Credit. Our and Klarna Inc.’s liability is limited to that determined by applicablelaw and will only include your actual damages.b. Your Liability for Unauthorized Use/Lost or Stolen Account. If you notice the loss or theft of yourAccount or a possible unauthorized use of your Account, you should write to us immediately at “KlarnaCredit Customer Service, P.O. Box 8116, Columbus, Ohio 43201” or call us at 1-844-4KLARNA. You mayqualify for the protections set forth in the Klarna Buyer Protection Policy. You will not be liable forunauthorized use that occurs after you notify us.  You may, however, be liable for unauthorized use thatoccurs before your notice to us.  In any case, your liability will not exceed $50.18. Amendment of this AgreementWe may amend this Agreement from time to time, in any respect, and give you written notice if requiredby law. An amendment may change something in this Agreement (for example, the rate of interest onany or all transaction types), add something new, or take something out. Amendments will apply tooutstanding balances and new Purchases, except as otherwise indicated in any written notice or asotherwise provided by applicable law. This Agreement, except when amended in accordance with thisAgreement, is the final expression of the Agreement between us and may not be contradicted byevidence of any alleged oral agreement.19. Remedies CumulativeOur remedies under this Agreement shall be cumulative and not alternative.20. Delay in EnforcementWe can delay enforcing any of our rights under this Agreement without losing them. Any waiver by us ofany provision of this Agreement will not be a waiver of the same or any other provision on any otheroccasion.21. Book Entry SystemYou hereby appoint Klarna Inc. as your agent in maintaining, and Klarna Inc. agrees to maintain, a bookentry system that records the identity of the owner of each Purchase on the Account. The right to theprincipal of, and stated interest on, each Purchase on the Account may only be transferred through thebook entry system maintained by Klarna Inc. This section does not affect any of your obligations underthis Agreement. This section does not limit or waive any of your rights, including but not limited to yourBilling Rights.22. AssignmentYou may not transfer or assign any rights or obligations you have under this Agreement without ourprior written consent. WebBank reserves the right to transfer or assign this Agreement or any right orobligation under this Agreement at any time without your consent, including to Klarna Inc.23. Credit Investigation, Reporting and Credit Bureau DisputesYou authorize us and/or our service providers to make or have made any credit, employment, andinvestigative inquiries we deem appropriate related to your application for credit, this Account, and thecollection of amounts owed on this Account. You agree that we and/or Klarna Inc. have the right toobtain a credit report in connection with our review of your application for this Account and for anincrease or decrease in the Credit Line and occasionally and routinely, during the term of this Account,as we deem reasonably necessary to maintain and collect this Account. You authorize us to answer anyquestions about our experience with you related to this Account and to report that experience to creditreporting agencies.If you believe we inaccurately reported credit history information about you or your Account to acredit reporting agency, call us at 1-844-4KLARNA or write to us at: Klarna Credit Customer Service,P.O. Box 8116, Columbus, Ohio 43201. Please include a copy of the credit report reflecting theinformation that you believe is inaccurate.24. Communications Between You and Usa. Notices and Customer Service. You may send written notices, correspondence, inquiries, andquestions concerning your Account to us at Klarna Credit Customer Service, P.O. Box 8116, Columbus,Ohio 43201. You may also call our customer service department at 1-844-4KLARNA.b. Consent to Communications. We and/or Klarna Inc. may use any means of communication tocontact you for any lawful purpose (including debt collection and/or marketing), including duringweekends or holidays. Such means of communication may include, but are not limited to, postal mail,telephone, email, text message, or other technology, even if you are charged for the contact. You areresponsible for any charges for contacting you that may be billed to you by our or Klarna Inc.’scommunications carrier. We and/or Klarna Inc. may contact you at any address (including any email ortext message address) or telephone number (including any cellular telephone number or landlinenumber that is later ported to a cellular telephone) that you give us or from which you call us or that wehave collected for you as authorized and described in the WebBank Privacy Policy, including telephonenumbers you have provided us and/or Klarna Inc. or that we and/or Klarna Inc. have obtained from thirdparties or collected by our own efforts. We and/or Klarna Inc. may contact you for any lawful purposerelating to this Account using an automatic dialing and/or announcing device that may playprerecorded messages and may also contact you via text messages. You agree to receive such calls andtext messages. No contact from us and/or Klarna Inc. will be deemed unsolicited. You may contact ourand/or Klarna Inc.’s customer service department to ask that we not contact you by using any one ormore particular methods or technologies.c. Monitoring and Recording. We and/or Klarna Inc. may monitor, tape, or electronically record ourtelephone calls with you, including any calls with our and/or Klarna Inc.’s customer service department,collection department, and any other department.d. Emails. You consent to our emailing you for any lawful purpose, including marketing. You maywithdraw consent to us sending you commercial emails by changing your email preferences at ourAccount servicing website, or by “unsubscribing” when we send you an email.25. Governing LawThis Agreement and your Account will be governed by federal law applicable to a FDIC-insuredinstitution and, to the extent permitted by law and not preempted by federal law, the law of Utah,without regard to its choice of law provisions, including any applicable statutes of limitations. You agreethat this Agreement is entered into between you and us, and received by us, in Utah and we extendcredit to you from Utah, whether or not you live in Utah. We will make the decision whether to open anaccount for you based on criteria established in Utah. If any provision of this Agreement is determined tobe void or unenforceable under any applicable law, rule or regulation, all other provisions of thisAgreement will remain enforceable (except as specifically addressed in the Arbitration Provision). Ourfailure to exercise any of our rights under this Agreement will not be deemed to waive our rights toexercise such rights in the future. This Agreement is a final expression of the agreement between youand us and this Agreement may not be contradicted by evidence of any alleged prior oral agreement orof an alleged contemporaneous oral agreement between you and us.26. ArbitrationPlease review this provision carefully. It provides that any dispute may be resolved by bindingarbitration instead of a trial in court or a class action.  Unless you opt out, as described below, thisprovision will eliminate your right to go to court (except for a small claims court having jurisdiction),the right to bring class or collective actions, and the right to have a jury decide a dispute. If you are aCovered Borrower under the Military Lending Act, as defined by federal law, this section will notapply to you.b. Arbitration Procedures. Arbitration is more  informal than a lawsuit in court.  Arbitration uses a neutral
arbitrator instead of a judge or jury, discovery is  more limited, and court review of an arbitration award  is
very limited. However, an arbitrator can award the  same damages and relief on an individual basis  that a
court can  award to  an individual,  including monetary  damages, and  injunctive or  declaratory relief.  An
arbitrator  also  must  follow  these  Terms  as  a  court  would.  The  arbitration  will  be  conducted  by  the
American  Arbitration  Association  (“AAA”)  under  its  rules  and  procedures,  including  the  AAA’s
Consumer  Arbitration  Rules  (as  applicable),  as  modified  by  this  Arbitration  Provision.  The  AAA’s  rules
are  available  at  www.adr.org.  A  form  for  initiating  arbitration  proceedings  is  available  on  the  AAA’s
website at www.adr.org.  The arbitration shall  be held in  a reasonably convenient  location in the  state in
which  you  reside  or  at  another  mutually  agreed  location.  Attendance  at  an  in-person  hearing  may  be
made by telephone by  you and/or the WebBank/Klarna  Parties, unless the arbitrator  requires otherwise.
If the value of  the relief sought is  $10,000 or less, either  you or the WebBank/Klarna  Parties may elect to
have the  arbitration conducted  based solely  on written  submissions pursuant  to the  AAA’s Procedures
for  the  Resolution  of  Disputes  through  Document  Submission,  which  election  shall  be  binding  on  you
and the WebBank/Klarna Parties subject to the arbitrator’s discretion to require an in-person hearing, if
the circumstances warrant.

OPT-OUT.    NOTWITHSTANDING  THE  FOREGOING,  YOU  MAY  CHOOSE  TO  PURSUE  YOUR  CLAIM  IN
COURT  AND  NOT  IN  ARBITRATION  IF  YOU  OPT  OUT  OF  THIS  ARBITRATION  PROVISION  WITHIN  30
DAYS  FROM  THE  DATE  YOU  FIRST  APPLY  FOR  THE  ACCOUNT  OR  OTHERWISE  ACCEPT  THIS
AGREEMENT (THE “OPT OUT DEADLINE”).  YOU MAY OPT OUT OF THIS ARBITRATION PROVISION BY
FULLY COMPLETING, SIGNING AND DATING THE ARBITRATION OPT-OUT NOTICE FORM LOCATED
AT  http://cdn.klarna.com/1.0/shared/content/legal/en_us/arbitration/opt_out_notice_credit.pdf  AND
MAILING  IT  VIA  FIRST-CLASS  MAIL  AT  THE  FOLLOWING  ADDRESS:  KLARNA  CREDIT  ARBITRATION
OPT-OUT, P.O. BOX 8116, COLUMBUS, OHIO 43201.  ANY ARBITRATION OPT-OUT NOTICE RECEIVED
AFTER  THE  OPT-OUT  DEADLINE  WILL  NOT  BE  VALID  AND  YOU  MUST  PURSUE  YOUR  CLAIM  IN
ARBITRATION OR SMALL CLAIMS COURT.

• Account information: Your name and account number.

• Dollar amount: The dollar amount of the suspected error.

• 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.

• Within 60 days after the error appeared on your statement.

• At least 3 business days before an automated payment is scheduled, if you want to stop payment

on the amount you think is wrong.

1.

2.

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.

Within  90  days  of  receiving  your  letter,  we  must  either  correct  the  error  or  explain  to  you
why we believe the bill is correct.

• We cannot try to collect the amount in question, or report you as delinquent on that amount.

• The  charge  in  question  may  remain  on  your  statement,  and  we  may  continue  to  charge  you

interest on that amount.

• While you  do not  have to  pay the  amount in  question, you  are responsible  for the  remainder of

your balance.

• We can apply any unpaid amount against your Credit Line.

• 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.

• If we do not believe there was a mistake: You will have to pay the amount in question, along with
applicable interest  and fees.  We will  send you  a statement  of 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.

1.

2.

3.

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
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)

You must have  used your credit  card for the  purchase. Purchases made  with cash advances
from an ATM or with a check that accesses your credit card account do not qualify.

You must not yet have fully paid for the purchase.

You, WebBank and Klarna Inc. each agree that any and all disputes or claims arising out of or relating tothis Agreement, your Account or the corresponding relationship between you, on the one hand, andWebBank Klarna Inc., and their agents, employees, officers, directors, predecessors in interest, andsuccessors and assigns (for purposes of this section, collectively the “WebBank/Klarna Parties”), on theother hand, shall be resolved exclusively through final and binding arbitration, as set forth in this section(“Arbitration Provision”), rather than in court, except that you may assert claims in small claims court, ifyour claims satisfies all requirements to be heard in that small claims court. This Arbitration Provisionand any dispute or arbitration hereunder will be governed by the Federal Arbitration Act. The arbitrator’saward shall be final and binding, and judgment on the award rendered by the arbitrator may be enteredin any court having jurisdiction thereof. Any arbitration shall be confidential, and neither you nor we maydisclose the existence, content or results of any arbitration, except as may be required by law or forpurposes of enforcement of the arbitration award.a. Prohibition of Class and Representative Actions and Non-Individualized Relief. YOU AND THEWEBBANK/KLARNA PARTIES AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLYON AN INDIVIDUAL BASIS AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS,CONSOLIDATED OR REPRESENTATIVE ACTION OR PROCEEDING. UNLESS BOTH YOU AND THEWEBBANK/KLARNA PARTIES AGREE OTHERWISE, THE ARBITRATOR MAY NOT CONSOLIDATE ORJOIN MORE THAN ONE PERSON’S OR PARTY’S CLAIMS AND MAY NOT OTHERWISE PRESIDE OVERANY FORM OF A CONSOLIDATED, REPRESENTATIVE, OR CLASS PROCEEDING. THE ARBITRATORMAY AWARD RELIEF (INCLUDING MONETARY, INJUNCTIVE, AND DECLARATORY RELIEF) ONLY INFAVOR OF THE INDIVIDUAL PARTY SEEKING RELIEF AND ONLY TO THE EXTENT NECESSARY TOPROVIDE RELIEF NECESSITATED BY THAT PARTY’S INDIVIDUAL CLAIM(S). ANY RELIEF AWARDEDCANNOT AFFECT OTHER KLARNA CREDIT USERS.c. Costs of Arbitration. Payment of all filing, administration, and arbitrator fees will be governed by theAAA’s rules, unless otherwise stated in this Arbitration Provision. If the value of the relief you are seekingis $10,000 or less, the WebBank/Klarna Parties will pay or reimburse your filing, administration, andarbitrator fees associated with the arbitration.  Any request for payment of fees by the WebBank/KlarnaParties should be submitted by mail to the AAA along with your Demand for Arbitration and theWebBank/Klarna Parties will make arrangements to pay all necessary fees directly to the AAA. In theevent the arbitrator determines the claim(s) you assert in the arbitration to be frivolous, you agree toreimburse the WebBank/Klarna Parties for all fees associated with the arbitration that theWebBank/Klarna Parties paid on your behalf that you otherwise would be obligated to pay under theAAA’s rules.d. Severability. If any part of this Arbitration Provision, other than subsection (a) (“Prohibition of Classand Representative Actions and Non-Individualized Relief”), is found invalid or unenforceable for anyreason, the remainder of this Arbitration Provision shall remain enforceable. If any of the provisions insubsection (a) is found invalid or unenforceable for any reason, then the entirety of this ArbitrationProvision will be null and void, with the sole exception of the jury waiver set forth in subsection (e),which shall continue to apply.e. Jury Waiver. IF FOR ANY REASON A DISPUTE OR CLAIM ARISING OUT OF OR RELATING TO THISAGREEMENT OR THE RELATIONSHIP BETWEEN YOU AND THE WEBBANK/KLARNA PARTIESPROCEEDS IN COURT RATHER THAN IN ARBITRATION, YOU AND THE WEBBANK/KLARNA PARTIESEACH WAIVE ANY RIGHT TO A JURY TRIAL TO THE FULL EXTENT PERMITTED BY APPLICABLE LAW.f. Future Changes to this Arbitration Provision. Notwithstanding any provision in this Agreement to thecontrary, you and the WebBank/Klarna Parties agree that if we make any change to this ArbitrationProvision (other than a change to any notice address or website link provided herein) in the future, thatchange shall not apply to any claim that was filed in a legal proceeding against the WebBank/KlarnaParties prior to the effective date of the change.27. SeverabilityExcept as otherwise provided herein, if any provision of this Agreement is held to be invalid orunenforceable, such determination shall not affect the validity or enforceability of the remainingprovisions of this Agreement.28. Billing Rights NoticeYour Billing Rights: Keep This Document For Future UseThis notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.What To Do If You Find A Mistake On Your StatementIf you think there is an error on your statement, write to us at:Klarna Credit Customer Service, P.O. Box 8116, Columbus, Ohio 43201,or write to us electronically at:customerservice@klarna.comIn your letter, give us the following information:You must contact us:You must notify us of any potential errors in writing. You may call or email us, but if you do, we are notrequired to investigate any potential errors, and you may have to pay the amount in question.What Will Happen After We Receive Your LetterWhen we receive your letter, we must do two things:While we investigate whether or not there has been an error:After we finish our investigation, one of two things will happen:If you receive our explanation but still believe your bill is wrong, you must write to us within 10 daystelling us that you still refuse to pay. If you do so, we cannot report you as delinquent without alsoreporting that you are questioning your bill. We must tell you the name of anyone to whom we reportedyou as delinquent, and we must let those organizations know when the matter has been settledbetween us.If we do not follow all of the rules above, you do not have to pay the first $50 of the amount youquestion even if your bill is correct.Your Rights If You Are Dissatisfied With Your Credit Card PurchasesIf you are dissatisfied with the goods or services that you have purchased with your credit card, and youhave tried in good faith to correct the problem with the Merchant, you may have the right not to pay theremaining amount due on the purchase.To use this right, all of the following must be true:If all of the criteria above are met and you are still dissatisfied with the purchase, contact us in writing at:Klarna Credit Customer Service, P.O. Box 8116, Columbus, Ohio 43201,or write to us electronically at:customerservice@klarna.comWhile we investigate, the same rules apply to the disputed amount as discussed above. After we finishour investigation, we will tell you our decision. At that point, if we think you owe an amount and you donot pay, we may report you as delinquent.What we do

How does WebBank
protect my personal
information?

How does WebBank
collect my personal
information?

Why can't I limit all
sharing?

Definitions

Affiliates

Nonaffiliates

Joint marketing

To  protect  your  personal  information  from  unauthorized  access
and use,  we use  security measures  that comply  with federal  law.
These  measures  include  computer  safeguards  and  secured  files
and  buildings.  We  also  maintain  other  physical,  electronic  and
procedural  safeguards  to  protect  this  information  and  we  limit
access  to  information  to  those  employees  for  whom  access  is
appropriate.

We collect your personal information, for example, when you

• open an account or apply for financing
• give  us  your  contact  information  or  give  us  your  income

information
• pay your bills
We  also  collect  your  personal  information  from  others,  such  as
credit bureaus or other companies.

Federal law gives you the right to limit only

• sharing 

for 

affiliates' 

everyday 

business

purposes--information about your creditworthiness
• affiliates from using your information to market to you
• sharing for nonaffiliates to market to you
State  laws  and  individual  companies  may  give  you  additional
rights  to  limit  sharing.  See  below  for  more  on  your  rights  under
state law.

Companies  related  by  common  ownership  or  control.  They  can
be financial and nonfinancial companies.

• WebBank does not share with our affiliates.

Companies  not  related  by  common  ownership  or  control.  They
can be financial and nonfinancial companies.

• WebBank  does  not  share  with  nonaffiliates  so  they  can

market to you.

A  formal  agreement  between  nonaffiliated  financial  companies
that together market financial products or services to you.

• WebBank does not jointly market.

Other important information

California Customers:  If your  account has  a California  billing address,  we will  not share  your personal
information except to the extent permitted under California law.

Vermont Customers: If your account  has a Vermont billing address,  we will not share your  information
to nonaffiliated third parties to market to you, unless you authorize us to make those disclosures.

Telephone Communications: All  telephone communications with  us or our  authorized agents may  be
monitored or recorded.

The above notice applies only to your  Klarna Credit account with WebBank and does  not apply to any
other accounts you have with WebBank.

FACTS

Why?

What?

How?

WHAT DOES WEBBANK DO WITH YOUR PER-
SONAL INFORMATION IN CONNECTION WITH
YOUR KLARNA CREDIT ACCOUNT?

Financial  companies  choose  how  they  share  your  personal  in-
formation.  Federal  law  gives  consumers  the  right  to  limit  some
but not all sharing. Federal law also requires us to tell you how we
collect, share  and protect  your personal  information. Please  read
this notice carefully to understand what we do.

The  types  of  personal  information  we  collect  and  share  depend
on the  product or  service you  have with  us. This  information can
include:
• Social Security number and transaction history
• payment history and account balances
• credit history and credit scores
When you are  no longer our  customer, we continue  to share your
information as described in this notice.

All  financial  companies  need  to  share  customers'  personal  in-
formation to run their everyday business. In the section below, we
list  the  reasons  financial  companies  can  share  their  customers'
personal  information;  the  reasons  WebBank  chooses  to  share;
and whether you can limit this sharing.

Reasons we can share your personal inform-
ation

Does
WebBank
share?

Can you limit
this sharing?

For our everyday business purposes –
such  as  to  process  your  transactions,  maintain  your  ac-
count(s), respond to court orders and legal investigations, or
report to credit bureaus

For our marketing purposes –
to offer our products and services to you

For joint marketing with other financial companies

For our affiliates' everyday business purposes –
information about your transactions and experiences

For  our  affiliates'  everyday  business  purposes  –  informa-
tion about your creditworthiness

For nonaffiliates to market to you

Yes

Yes

No

No

No

Yes

No

No

We don't share

We don't share

We don't share

Yes

• Email us at privacyoptout@klarna.com, or
• Call toll-free 1-844-KLARNA1 (1-844-552-7621)

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  continue  to  share  your  information  as
described in this notice.

However, you can contact us at any time to limit our sharing.

toll-free  1-844-4KLARNA  (1-844-455-2762)  or  go 

Call 
Klarna.com

to

To limit our sharing

Questions?

Who we are

Who is providing this
notice?

WebBank

29. Protections for Members of the Armed Forces and their DependentsThis section only applies to Covered Borrowers under the Military Lending Act, as defined by federallaw. Federal law provides important protections to members of the Armed Forces and their dependentsrelating to extensions of consumer credit. In general, the cost of consumer credit to a member of theArmed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. Thisrate must include, as applicable to the credit transaction or account: The costs associated with creditinsurance premiums; fees for ancillary products sold in connection with the credit transaction; anyapplication fee charged (other than certain application fees for specified credit transactions oraccounts); and any participation fee charged (other than certain participation fees for a credit cardaccount).To hear this statement, as well as a description of your payment obligation, please call 1-866-483-6518.As a Covered Borrower, the mandatory arbitration provisions of Section 26 will not apply to you.Last updated October 11, 2018WebBank Privacy PolicyRev 05/18