Additional Information Regarding Loans with Terms of 60 Days or Less:
Implications of Non-Payment
Financial Implications: Failure to pay an amount due within 10 days after the payment due date may result in the imposition of a one-time late charge in an amount equal to $15.00 or 5% of the unpaid payment amount that is past due, whichever amount is greater. No late charge will be assessed on any payment when the only delinquency is due to late fees assessed on earlier payments and the payment is otherwise a full payment. A Check Collection Charge of $20 plus any amount passed on from other financial institutions will be assessed for a check, negotiable order of withdrawal, share draft or other negotiable instrument returned or dishonored for any reason.
Collection Practices: If a borrower fails to timely pay, the borrower may lose the vehicle. All collection practices must adhere to the regulations set forth by the Fair Debt Collection Practices Act, or FDCPA. These regulations can be found at the FTC website located here: http://www.ftc.gov/os/statutes/fdcpa/fdcpact.shtm.
Potential impact to users’ credit score: Late payments, missed payments or other defaults on a borrower’s account may be reflected in borrower’s credit report.
Renewal Information: Loans will not be automatically renewed or refinanced. Borrowers may refinance a loan if they choose by paying all outstanding fees and interest on an existing loan. As part of the refinance process, the borrower must execute new loan documents and will owe all fees and interest associated with the new loan. For more information on refinancing a loan, see a store associate.
Disclosure of Fees Including the APR
The APR, or Annual Percentage Rate, associated with our loans offered with a term of 60 days or less ranges from 182.63% to 192.56%. See Fee Schedule for more details.
www.easyautotitle.com is already promoted in accounts 911-266-4333 and 751-277-4380 and is currently in compliance with the AdWords policies. Cash America International, Inc. 1600 West 7th Street, Fort Worth, TX 76102.