USA Lending Disclosure and Consent to Electronic Communication Effective Date: 06/01/2024
This Disclosure and Consent to Electronic Communication (“Consent”) applies to all communications related to your loan or debt-related transactions with USA Lending (“Company,” “we,” “us,” “our”) and our Lending Partners, their service providers, and other related partners (collectively, the “Company”). By consenting, you agree to receive all communications related to your loan, debt, and associated transactions electronically, as described below.
1. Scope of Communications Covered by Consent
By providing your consent, you agree that we may provide you with the following categories of communications in electronic format:
- Loan applications, agreements, disclosures, terms, and conditions
- Privacy policies and other notices required by law
- Monthly billing statements, payment reminders, and account statements
- Notices of changes to your loan terms or debt obligations
- All regulatory and legal disclosures required by federal or state law, including those mandated by the Truth in Lending Act, Fair Credit Reporting Act, Equal Credit Opportunity Act, and others
- Any other communications related to your loan or debt transactions with us
2. Method of Delivery
We will deliver Electronic Communications through the following means:
- Email to the email address you provided
- Access through a secure website, mobile application, or online portal
- Text message notifications (where applicable)
- Other electronic methods as may be necessary from time to time
You agree to keep your email address and other contact information current to ensure you receive all Electronic Communications.
3. Paper Copies of Electronic Communications
You have the right to request a paper copy of any Electronic Communication. To request a paper copy, please contact us at [Insert Contact Information, Phone Number, and/or Email]. Paper copies will be provided free of charge unless otherwise noted. We recommend that you print or save a copy of all Electronic Communications for your records.
4. Withdrawing Your Consent
You may withdraw your consent to receive Electronic Communications at any time by contacting us at [Insert Contact Information, Phone Number, and/or Email]. Please note that withdrawing your consent may delay the processing of your loan or servicing of your debt-related account. Additionally, withdrawing consent may result in the closure of your online account access, and communications may revert to paper format through standard mail.
5. Hardware and Software Requirements
To receive and retain Electronic Communications, you must meet the following system requirements:
- A computer, smartphone, or other device with internet access
- A current web browser that supports 128-bit encryption (such as Chrome, Safari, Firefox, or Edge)
- A valid email address
- Software capable of viewing and printing PDF files (such as Adobe Reader)
- Sufficient storage capacity to retain Electronic Communications or the ability to print them
By providing your consent, you confirm that you have the necessary equipment and software to receive, view, and retain Electronic Communications.
6. Updating Your Contact Information
It is your responsibility to notify us of any changes to your email address or other contact information. You can update your contact information by logging into your account or by contacting us at [Insert Contact Information, Phone Number, and/or Email].
7. Electronic Signatures
You consent to the use of electronic signatures, which will have the same legal effect as a handwritten signature. Any contract, agreement, or notice signed electronically will be legally binding and enforceable in the same manner as a document signed in ink.
8. Consent to Receive Automated Communications
By providing your contact information, you consent to receive automated communications, including phone calls, text messages, and emails related to your loan or debt transactions. You understand that these automated communications may include marketing information and servicing updates, and you can opt out at any time by following the instructions provided in the communication or contacting us directly.
9. Federal E-SIGN Act and State-Specific Compliance
This Consent is governed by the federal Electronic Signatures in Global and National Commerce Act (E-SIGN Act), ensuring that electronic signatures and records are legally valid. Additionally, this Consent is compliant with state-specific consumer protection laws applicable to lending and debt-related transactions.
10. Acknowledgment and Consent
By providing your electronic signature below, you acknowledge and agree to the following:
- You have read and understand this Disclosure and Consent to Electronic Communication.
- You consent to receive all communications from USA Lending electronically.
- You confirm that your system meets the hardware and software requirements for accessing Electronic Communications.
- You understand that you can withdraw your consent at any time, subject to the terms outlined above.
PLEASE PRINT OR SAVE THIS CONSENT FOR ELECTRONIC COMMUNICATIONS FORM AND RETAIN A COPY FOR YOUR RECORDS.