HTML Preview Personal Installment Loan Agreement page number 1.
Lender :
Alpha Omega Consulting Group, Inc.
716 Vauxhall Drive
Nashville, TN 37221
(615) 662-9537
Borrower:
1015 EAST BOBBY COURT
MILLERSVILLE, TN 37072-
Home Phone: (615) 855-1999
Work Phone: 615-662-9537
DISCLOSURES REQUIRED UNDER THE FEDERAL TRUTH-IN-LENDING ACT
ANNUAL
PERCENTAGE
RATE
FINANCE
CHARGE
AMOUNT
FINANCED
TOTAL OF PAYMENTS
The cost of
your credit
as a yearly
rate
The dollar
amount the
credit will cost
you
The amount of
credit provided
to you or on
your behalf.
The amount you will
have paid after you have
made all payments as
scheduled
Loan Date:
11/14/2005
Contract Number:
TL13R
INSTALLMENT LOAN AGREEMENT
ITEMIZATION OF AMOUNT FINANCED
Borrower's Signature
Address:
Name :
Address:
Your Payment Schedule Will Be
Security:
Prepayment:
If you pay off early you will not have to pay a penalty. See the
terms of this contract for additional information about
prepayment, nonpayment, default, and prepayment penalites.
12/14/2005
When Payments Are Due:
(PAYMENT DUE DATE)
Number of
Payments:
Amount given to you directly. $1,000.00
METHOD OF PAYMENT AND SECURITY INTEREST: Today you gave us one or more personal checks ("check") for the payments show in the Payment Schedule of
the disclosure Statement and dated as of the final Payment Due Date. You request and we agree to wait to present the Check(s) to your financial institution until the final
Payment Due Date, except that you agree we do not need to wait and that we may immediately present the check to your financial institution if you do not make any
other payments on or before their applicable Payment Due Date. You agree that we may process your check electronically (make an electronic withdrawl from your
checking account) on or after the final Payment Due Date, if you do not process your check electronically (make an electronic withdrawl from your checking account) on
or before their applicable Payment Due Date. If you do make an alternative payment of the full amount owing, we will accept it in substitution of the uncashed Check(s)
and return the uncashed check to you. Your post-dated check(s) and Wave Assignment are security for this loan. You do not grant us any security interest in, and we
waive any rights wihc may arise in, the deposit account upon which the Check(s) is/are drawn.
Ammount paid on account.
N/A
This Consumer Loan Agreement (the "Agreement") states the terms of your loan with us. By singing, you agree to all the terms in this Agreement. In this
agreement, the words, "you" and "your" mean the borrow shown above. The words, "we", "us", and "our" mean the Lender shown above.
Illinois
Amount of Payments
Your post dated check(s) number 32132132132132112 is
security for this loan. Your wage assignment is also security for
this loan.
Late Charges
If you fail to make all or any part of a scheduled payment more
than ten days after its due date, you may be charged a late
charge of 10$ or 5% of the unpaid amount of the Total
Payments, whichever is greater.
YOUR PROMISE TO REPAY: To repay the loan we have made to you, you promise to pay Alpha Omega Consulting Group, Inc.("Lender") the amount financed shown
in the Federal Truth in Lending Disclosure Statement ("Disclosure Statement") plus interest on the unpaid amount financed. We will begin charging interest on the date
of this Agreement shown above. We will calculate the interst on a daily basis using the annual Percentage Rate by multiplaying the daily rate times the unpaid balance
of the Amount Financed each day. We figure the daily rate by dividing the Annual Percentage Rate by 365 (or 366, in any leap year). You agree to repay the loan on the
payment due date(s) shown in the Disclosure Statement ("Payment Due Dates"). If you have not repaid the loan after the Payment Due Date, you agree to pay interest,
as provided by applicable law at the annual Percentage Rate shown in the disclosure Statement. Any payments you make will be applied first to any accrued interest,
then to the principal, then to any other charges you owe us. You promise to pay us at the address shown above or at any other address we tell you in writing.
RETURNED CHECK FEE/COST OF COLLECTION: I agree to pay a service charge of $25.00 for any returned check. If I fail to reimburse the creditor for the bad
check, I understand I shall be held liable for all reasonable costs of collection as awarded by the court, including attorney fees which shall not exceed the amount of the
loan
ELECTRONIC FUNDS TRANSFER: Customer hereby agrees that the Company may choose to electronically debit their bank account for any and all monies due and
owing to Company in lieu of present the Customer's check insturment for payment.
NOTICE: See additional terms on page two of this Agreement for the more important information. This Agreement also contains an Arbitration Agreement.
THE ARBITRATION PROVISION LIMITS CERTAIN RIGHTS, INCLUDING YOUR RIGHT TO PURSUE A CLAIM IN COURT AND YOUR RIGHT TO A JURY TRIAL
AND YOUR RIGHT TO PURSUE A CLAIM AS A CLASS ACTION.
Lender's Signature
11/14/2005
11/14/2005
Date
Date
RON W JONES SSN:545-45-4544
24.00%
$20.00
$1,000.00
$1,020.001
$1,020.00
By signing below, you state that you have received a completed copy of this form. By signing, you also state that you have read, understand, and agreed to all terms of
this entire Agreement, including additional pages. You agree that each page and its terms constitute the Agreement.