Financing

Identification

Purpose of Collection:

Identity Verification: This information helps us confirm your identity and reduce the risk of fraud during the financing process.

Credit Check: It may be used to assess your creditworthiness, which influences the terms of your financing agreement.

Data Protection Assurance:

Confidentiality: Your information will be kept confidential and will only be accessed by authorized personnel involved in the financing process.

Secure Storage: All data will be stored securely in compliance with relevant privacy laws and regulations.

Limited Use: We will not share your information with third parties without your consent, except as required by law.

Privacy Commitment: We value your privacy and are committed to protecting your personal information. If you have any questions about how your data will be used or stored, please feel free to ask.

Payment Term: The monthly payment of must be received by the 4th business day of each month to avoid late fees.

Late Payment: A late fee will be applied if payment is not received by the due date.

Grace Period: The client has a 10 days grace period to complete the payment before the late payment fee will be applied.

Collection Actions: Continued failed payments will result in collection actions

Fee for Late Payment: $13 for any payment received after the due date.

Prepayment: Customers may choose to pay off the financing amount early without any penalties or interest charges.

Notification: Customers must provide written notice of intent to prepay 5 days in advance.

Balance Adjustment: Any prepayment will reduce the total balance owed without incurring additional interest.