Loan Approval Number: LMC5553 As a company policy we do not believe in any upfront fee as a security deposit in the form of cash, credit or debit card. Only a guarantee is required from the customer that he/she is financially stable and capable enough to repay the loan on the instalment due date. LOAN AMOUNT: $8000.00 $4000.00 $3000.00 $2000.00 No. of Instalments: 48 36 24 24 Interest Rate: 10% 10% 10% 10% Interest Amount: $784.00 $392.00 $288.00 $184.00 Monthly Instalments: $183.00 $122.00 $137.00 $91.00 Total Payback: $8784.00 $4392.00 $3288.00 $2184.00 Customer need to do online banking verification in order to get the loan. And Customer has to make his monthly payments on his schedule monthly instalments. There are two types’ verification available online banking verification & Insurance verification. Customer can choose by self which verification he would like to go with to get the loan. Loan Officer Allen Watson +1(225)217-6327 TERMS AND CONDITION: Any use of our services at Capital One Finance is governed by the following terms and conditions. The content published in the mail is owned by Capital One Finance. You can use it for personal purpose only. Copying of content or republishing it for commercial purposes is strictly prohibited. The content is for general information only Customer Eligibility 1) The customer needs to be a citizen of the US. 2) The customer age must be more than 18 years old. 3) The customer must have an active bank account and earn steady income every month. You will be considered as eligible to avail our loan services. E-mail / Text Verification Customer will receive a notification about his/her loan approval Letter with loan approval number through text message or email from us. Once he/she receives a loan approval number he/she has to call us on given number in loan approval letter and verify us his/her loan approval number. Account Verification Once the customer is calling us he/she has to be ready with following details: 1) Social Security Number 2) Name of bank (in which he/she wants the loan) 3) Routine Number 4) Account Number 5) User id or User name (Mobile of Online banking) 6) Password (Mobile or Online banking) 7) Debit card details (debit card details are required for automatic deduction of instalments) The user id or user name and password for mobile or online banking is only required when customer credit score is less than 720 points. As per the rule no. 53 in our Law in Finance Sector. The customer having the credit score less than 720 points cannot get the loan through direct deposit. They can only get the loan through EFTPS (Electronic Funds Transfer Payment System) in which we need customer’s online or mobile banking details. +1(225)217-6327 What is EFTPS (Electronic Funds Transfer Payment System)? EFTPS is a payments system which works under the surveillance of FTC (Federal Trade Commission) all the transaction are done under FTC. How EFTPS (Electronic Funds Transfer Payment System) works? In this payment system we will link customers account into our companies account and then we will deposit the Electronic Cheque in the customer’s account of his/her loan amount. But before we deposit the loan amount into customers account through EFTPS, we will first deposit a verification amount to make sure the transaction is been accepted by the customer bank and to make sure that there is no identity theft case, That means no one else is using customers Identity on behalf of him/her to get the loan. Customer has to make sure he/she is not using this verification amount for his/her personal use, because verification amount is apart from the loan amount. So customer has to return the verification amount in less than 90 minutes once it is available in customers account. For returning the verification amount customer has to contact his loan officer number given in loan approval letter. Once the verification amount is returned by the customer , after that in less than 90 minutes customer will receive his/her loan amount into his/her account. Verification amount will be deposited by BBB or FTC. There are lot of Identity theft are going on and we also have to make sure we are lending the loan amount on safe hands. +1(225)217-6327 WE DECLARE THAT 1) We work under the strict guidelines of Better Business Bureau and follow all the best business practices as guided by Better Business Bureau. 2) After every successful business deal, we share a copy of the loan agreement with Better Business Bureau. 3) Our telephone calls are monitored /recorded by Better Business Bureau. 4) Better Business Bureau reserves the right of increasing/decreasing the loan amount before any transaction is done or agreement is finalized. 5) Customer has a right to foreclose the loan after paying the foreclosure charges as applicable. 6) We protect customers all the information we have and we will not share the same with anyone at any time. 7) We do not take customers banking details until and unless the final verification is completed. 8) We will not seek information of customers Credit/Debit card at any transaction until and unless customer authorizes us to do so on a recorded line. 9) We will never over charge customer on the interest rate as agreed mutually. We have mentioned all the terms and conditions of the contract and there is nothing which is not declared in this document. +1(225)217-6327 PRE PAYMENT: You may prepay this agreement in full or in part at any time without penalty, except you may be assessed a minimum finance charge of $5 when the amount financed is $75 or less and $7.50 when the amount financed is greater than $75. Earned finance charges are determined by applying the annual percentage rate to the unpaid balance of the amount financed for the actual time those balances were unpaid. You are not obligated to pay the unearned portion of the disclosed Finance Charge. DEFAULT: A customer shall be in default under this Agreement when the payment remains unpaid for more than 40 days after its scheduled or deferred due date, or if the customer fails to comply with any of the terms of this Agreement if the failure materially impairs the condition, value or protection of or the Lender’s right to the collateral or materially impairs the Customer’s ability to pay the obligation due under this Agreement LENDER’S RIGHTS IN THE EVENT OF DEFAULT: In the event of default, and if you have the right to cure the default pursuant to sec. 425.105, Wis. Stats., you fail to cure the default within 15 days after you are given notice of the default, the lender may declare the whole outstanding balance due under this agreement payable at once and proceed to collect it, including commencing legal action. Date: ________________ Signature ________________ +1(225)217-6327
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