Credit Builder Installment Contracts
Please click the links below to view the appropriate installment contract for the corresponding Eufora Credit Builder Membership level.
Preferred Credit Builder Installment Contract
RETAIL INSTALLMENT CONTRACT By and Between:
Retail Seller: Eufora ("Eufora") and Retail Buyer ("Buyer"): credit monitoring and other goods and services Eufora provides Buyer (collectively, "Goods and Services"). In this Retail Installment Contract ("Contract"), the words "you" and "your" refer individually and collectively to the Buyer(s) entering into this Contract, and the words "we," "us," and "our" refer to Eufora and/or any assignee and holder of its rights, title and interest under this Contract. You have asked us to provide the above-described Goods and Services. You agree to pay us the unpaid balance of the cash sales price set forth below (the "Program Fee" shown below as the "Amount Financed") in exchange for the Goods and Services, plus other fees and charges, according to the schedule and terms provided for in this Contract.
Your payment schedule will be:
SECURITY: You are giving us a security interest in the advance deposit of $59.95 that we hold in escrow when you are admitted. The annual percentage rate does not take into account your required deposit. PREPAYMENT: If you pay off early, you will not have to pay a penalty and will not be entitled to a refund of part of the finance charge. See the contract documents for additional information about nonpayment, default, any required repayment in full before the scheduled date, and prepayment refunds and penalties. |
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Itemization of Amount Financed: Cash Price of Program Fee for Goods and Services - $139.75 THE TERMS OF THIS CONTRACT ARE CONTAINED ON MORE THAN ONE PAGE. SEE OTHER PAGE FOR IMPORTANT INFORMATION.
NOTICE TO BUYER: (1) DO NOT AGREE TO THIS CONTRACT BEFORE YOU READ IT OR IF IT CONTAINS ANY BLANK SPACES. (2) YOU ARE ENTITLED TO A COMPLETELY FILLED-IN COPY OF THIS CONTRACT. KEEP A COPY TO PROTECT YOUR LEGAL RIGHTS. (3) YOU HAVE THE RIGHT TO PREPAY THE FULL AMOUNT DUE AT ANY TIME WITHOUT PENALTY AND OBTAIN A PARTIAL REFUND OF THE UNEARNED FINANCE CHARGE.
PROMISE TO PAY: In exchange for the Goods and Services we provide during the Initial Term, you agree to: (a) maintain in good standing a Eufora Prepaid MasterCard issued by The Bancorp Bank for at least two (2) full years from the date that Eufora Prepaid MasterCard is issued (the "Initial Term"); and (b) pay us the Program Fee disclosed above as the "Amount Financed" for the Goods and Services during the two (2) year Initial Term. You agree that the Program Fee for the Initial Term is due and fully earned for the Goods and Services the date a Eufora Prepaid MasterCard is issued to you. You agree to pay the combined amount of the Program Fee and the Processing Fee (disclosed above as the "Finance Charge") in twelve monthly installments during the Initial Term. You agree to pay an initial payment (at the time of application) of $59.95 plus twelve monthly installments during the Initial Term as shown above in your Contract Payment Schedule. The initial payment (due at the time of application) is an advance deposit of $59.95. You agree that we may apply this advance deposit in payment of the balance due of your Program Fee and Processing Fee for the Initial Term on the earlier of the following dates: (a) the date the final installment is due in the Initial Term; (b) the date your Eufora Prepaid MasterCard card account is voluntarily or involuntarily closed by you or The Bancorp Bank; or (c) the date you arrange with us to prepay in full the remaining balance of your Program Fee for the Initial Term. If your Eufora Prepaid MasterCard card account is voluntarily or involuntarily closed at any point during the Initial Term, we will not require you to pay any unpaid and unearned portion of the Processing Fee or any deficiency balance of the Program Fee that remains after we apply your advance deposit in payment of the Program Fee due for the Initial Term. Prior installment payments of the Program Fee and Processing Fee we received are non-refundable if your Eufora Prepaid MasterCard card account is voluntarily or involuntarily closed at any point during the Initial Term. If you have elected the Automatic Payment Plan of monthly installments through your Eufora Prepaid MasterCard or otherwise, you authorize us or our agents to make charges or withdrawals of these monthly installments as you have specified until the Program Fee and Processing Fee due for the Initial Term is paid in full. If for any reason you elect later not to pay such monthly installments of your Program Fee and Processing Fee through an Automatic Payment Plan, you agree to pay us these monthly installments in the amounts and by the dates specified in this Contract at the address we designate in writing.
SECURITY INTEREST: You agree we may deposit your advance deposit of the Program Fee in The Bancorp Bank account subject to our exclusive control, and apply this advance deposit in payment of the Program Fee as provided in this Contract. You grant us a security interest in the advance deposit maintained with The Bancorp Bank. You agree to assist us to the extent we deem necessary to perfect our security interest in the advance deposit maintained with The Bancorp Bank.
PREPAYMENT: You may prepay, in full or in part, the amount of the Program Fee you owe for the Initial Term at any time without penalty. If you make a partial prepayment of the Program Fee, you must continue making regularly scheduled installment payments until you have paid the entire balance of the Program Fee due for the Initial Term. You will not be required to pay any unpaid portion of the Processing Fee if you prepay the Program Fee in full or if your Eufora Prepaid MasterCard card account is voluntarily or involuntarily closed by you or The Bancorp Bank at any point during the Initial Term.
DEFAULT: You will be in default on this Contract if: (a) you fail to make the full amount of any payment due within fifteen (15) calendar days of its scheduled due date; (b) your Eufora Prepaid MasterCard card account with The Bancorp Bank is closed for any reason before the end of the Initial Term; (c) you die or are declared incompetent; (d) you breach any promise you made in this Contract; or (e) you become insolvent. If you are in default, we may, to the extent permitted by law and subject to any notice, reinstatement or redemption rights you may have, stop providing Goods and Services described in this Contract, cause your Eufora Prepaid MasterCard card account with The Bancorp Bank to be closed, accelerate all of the obligations you owe under this Contract and/or exercise any and all remedies provided by law and this Contract.
MISCELLANEOUS: This Contract will be governed by and construed according to the law of Arizona, the state where Eufora, LLC is located and accepts this Contract and from which it furnishes the Goods and Services described in this Contract. You agree that (a) this Contract contains all of the terms of your agreement with us regarding the subject matter of this Contract, and (b) this Contract may only be modified in a writing signed by you and us. If we elect not to enforce our rights under this Contract on one or more occasions, you agree that we will not waive our right to enforce those rights on any future occasion. You agree that if any part of this Contract cannot be enforced according to its terms, you agree that the offending portions may be stricken and the remaining portions of the Contract will not be affected.
Notice: ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE DEBTOR COULD ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL NOT EXCEED AMOUNTS PAID BY THE DEBTOR HEREUNDER.
Elite Credit Builder Installment Contract
RETAIL INSTALLMENT CONTRACT By and Between:
Retail Seller: Eufora ("Eufora") and Retail Buyer ("Buyer"): credit monitoring and other goods and services Eufora provides Buyer (collectively, "Goods and Services"). In this Retail Installment Contract ("Contract"), the words "you" and "your" refer individually and collectively to the Buyer(s) entering into this Contract, and the words "we," "us," and "our" refer to Eufora and/or any assignee and holder of its rights, title and interest under this Contract. You have asked us to provide the above-described Goods and Services. You agree to pay us the unpaid balance of the cash sales price set forth below (the "Program Fee" shown below as the "Amount Financed") in exchange for the Goods and Services, plus other fees and charges, according to the schedule and terms provided for in this Contract.
Your payment schedule will be:
SECURITY: You are giving us a security interest in the advance deposit of $99.95 that we hold in escrow when you are admitted. The annual percentage rate does not take into account your required deposit. PREPAYMENT: If you pay off early, you will not have to pay a penalty and will not be entitled to a refund of part of the finance charge. See the contract documents for additional information about nonpayment, default, any required repayment in full before the scheduled date, and prepayment refunds and penalties. |
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Itemization of Amount Financed: Cash Price of Program Fee for Goods and Services - $219.95 THE TERMS OF THIS CONTRACT ARE CONTAINED ON MORE THAN ONE PAGE. SEE OTHER PAGE FOR IMPORTANT INFORMATION.
NOTICE TO BUYER: (1) DO NOT AGREE TO THIS CONTRACT BEFORE YOU READ IT OR IF IT CONTAINS ANY BLANK SPACES. (2) YOU ARE ENTITLED TO A COMPLETELY FILLED-IN COPY OF THIS CONTRACT. KEEP A COPY TO PROTECT YOUR LEGAL RIGHTS. (3) YOU HAVE THE RIGHT TO PREPAY THE FULL AMOUNT DUE AT ANY TIME WITHOUT PENALTY AND OBTAIN A PARTIAL REFUND OF THE UNEARNED FINANCE CHARGE.
PROMISE TO PAY: In exchange for the Goods and Services we provide during the Initial Term, you agree to: (a) maintain in good standing a Eufora Prepaid MasterCard issued by The Bancorp Bank for at least two (2) full years from the date that Eufora Prepaid MasterCard is issued (the "Initial Term"); and (b) pay us the Program Fee disclosed above as the "Amount Financed" for the Goods and Services during the two (2) year Initial Term. You agree that the Program Fee for the Initial Term is due and fully earned for the Goods and Services the date a Eufora Prepaid MasterCard is issued to you. You agree to pay the combined amount of the Program Fee and the Processing Fee (disclosed above as the "Finance Charge") in twelve monthly installments during the Initial Term. You agree to pay an initial payment (at the time of application) of $99.95 plus twelve monthly installments during the Initial Term as shown above in your Contract Payment Schedule. The initial payment (due at the time of application) is an advance deposit of $99.95. You agree that we may apply this advance deposit in payment of the balance due of your Program Fee and Processing Fee for the Initial Term on the earlier of the following dates: (a) the date the final installment is due in the Initial Term; (b) the date your Eufora Prepaid MasterCard card account is voluntarily or involuntarily closed by you or The Bancorp Bank; or (c) the date you arrange with us to prepay in full the remaining balance of your Program Fee for the Initial Term. If your Eufora Prepaid MasterCard card account is voluntarily or involuntarily closed at any point during the Initial Term, we will not require you to pay any unpaid and unearned portion of the Processing Fee or any deficiency balance of the Program Fee that remains after we apply your advance deposit in payment of the Program Fee due for the Initial Term. Prior installment payments of the Program Fee and Processing Fee we received are non-refundable if your Eufora Prepaid MasterCard card account is voluntarily or involuntarily closed at any point during the Initial Term. If you have elected the Automatic Payment Plan of monthly installments through your Eufora Prepaid MasterCard or otherwise, you authorize us or our agents to make charges or withdrawals of these monthly installments as you have specified until the Program Fee and Processing Fee due for the Initial Term is paid in full. If for any reason you elect later not to pay such monthly installments of your Program Fee and Processing Fee through an Automatic Payment Plan, you agree to pay us these monthly installments in the amounts and by the dates specified in this Contract at the address we designate in writing.
SECURITY INTEREST: You agree we may deposit your advance deposit of the Program Fee in The Bancorp Bank account subject to our exclusive control, and apply this advance deposit in payment of the Program Fee as provided in this Contract. You grant us a security interest in the advance deposit maintained with The Bancorp Bank. You agree to assist us to the extent we deem necessary to perfect our security interest in the advance deposit maintained with The Bancorp Bank.
PREPAYMENT: You may prepay, in full or in part, the amount of the Program Fee you owe for the Initial Term at any time without penalty. If you make a partial prepayment of the Program Fee, you must continue making regularly scheduled installment payments until you have paid the entire balance of the Program Fee due for the Initial Term. You will not be required to pay any unpaid portion of the Processing Fee if you prepay the Program Fee in full or if your Eufora Prepaid MasterCard card account is voluntarily or involuntarily closed by you or The Bancorp Bank at any point during the Initial Term.
DEFAULT: You will be in default on this Contract if: (a) you fail to make the full amount of any payment due within fifteen (15) calendar days of its scheduled due date; (b) your Eufora Prepaid MasterCard card account with The Bancorp Bank is closed for any reason before the end of the Initial Term; (c) you die or are declared incompetent; (d) you breach any promise you made in this Contract; or (e) you become insolvent. If you are in default, we may, to the extent permitted by law and subject to any notice, reinstatement or redemption rights you may have, stop providing Goods and Services described in this Contract, cause your Eufora Prepaid MasterCard card account with The Bancorp Bank to be closed, accelerate all of the obligations you owe under this Contract and/or exercise any and all remedies provided by law and this Contract.
MISCELLANEOUS: This Contract will be governed by and construed according to the law of Arizona, the state where Eufora, LLC is located and accepts this Contract and from which it furnishes the Goods and Services described in this Contract. You agree that (a) this Contract contains all of the terms of your agreement with us regarding the subject matter of this Contract, and (b) this Contract may only be modified in a writing signed by you and us. If we elect not to enforce our rights under this Contract on one or more occasions, you agree that we will not waive our right to enforce those rights on any future occasion. You agree that if any part of this Contract cannot be enforced according to its terms, you agree that the offending portions may be stricken and the remaining portions of the Contract will not be affected.
Notice: ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUBJECT TO ALL CLAIMS AND DEFENSES WHICH THE DEBTOR COULD ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PURSUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HEREUNDER BY THE DEBTOR SHALL NOT EXCEED AMOUNTS PAID BY THE DEBTOR HEREUNDER.
