For each
visitor to our web page, our web server automatically
recognizes no information regarding the domain or e-mail
address. We collect the e-mail addresses of those who
communicate with us via e-mail, aggregate information on
what pages consumers access or visit, user-specific
information on what pages consumers access or visit,
information volunteered by the consumer, such as survey
information and site registrations. The information we
collect is used to improve the content of our Web page, used
to customize the content, and/or layout of our page for each
individual visitor.
With respect to cookies: We use cookies to record past
activity at a site in order to provide better service when
visitors return to our site.
If you do not want to receive e-mail from us in the future,
please let us know by sending us e-mail at the above
address, calling us at the above telephone number, or
writing to us at the above address.
If you supply us with your postal address online you may
receive periodic mailings from us with information on new
products and services or upcoming events. If you do not
wish to receive such mailings, please let us know by calling
us at the number provided above, e-mailing us at the above
address, or writing to us at the above address.
Persons who supply us with their telephone numbers online
may receive telephone contact from us or one of our
affiliated partners with information regarding current
products and services or upcoming events. If you do not wish
to receive such telephone calls, please let us know by
sending us e-mail at the above address, calling us at the
above telephone number, or writing to us at the above
address.
With respect to information we share with others: We may
decide to share your personal information with our marketing
partners who work on behalf of or with us under
confidentiality and contractual agreements. These companies
may use your personal information to help us communicate
with you about offers from us or to inform you about their
products and services. Occasionally, when we are not able to
directly fulfill your request, we may forward your request
for information to another reputable partner or auto dealer.
In such a case, you will become subject to the security and
privacy policies that are posted on the associated web site
and if you wish to do so, you will have to opt out of
disclosure through the associated web site.
From time to time, we may use customer information for new,
unanticipated uses not previously disclosed in our privacy
notice. If our information practices change at some time in
the future we will provide those changes to our privacy
policy located here.
Upon request we provide site visitors with the information
that we have collected and that we maintain about them.
Consumers can access this information by e-mail us at the
above address, write to us at the above address, or writing
to us at the above address. Consumers can have this
information corrected by sending us e-mail at the above
address, calling us at the above telephone number, or
writing to us at the above address.
With respect to security: We always use industry-standard
encryption technologies when transferring and receiving
consumer data exchanged with our site, We have appropriate
security measures in place in our physical facilities to
protect against the loss, misuse, or alteration of
information that we have collected from you at our site.
CONSENT FOR
ELECTRONIC DOCUMENTS UNDER THE ELECTRONIC SIGNATURES IN
GLOBAL AND NATIONAL COMMERCE ACT
Please read this information carefully and print a copy
and/or retain this information electronically for future
reference.
Introduction. You are submitting a credit
application for an auto loan with our online direct lenders
("Application"). In order to continue this process, our
lenders must provide you with certain disclosures, notices,
information and documents related to your Application
("Documents") electronically. This Consent for Electronic
Documents informs you of your rights when receiving these
Documents electronically. By agreeing to receive Electronic
Documents, you acknowledge receipt of this Consent for
Electronic Documents, and agree to the electronic delivery
of such Documents via the internet to the e-mail address
designated on your Application. Please note, if you are
approved for a loan, all loan packages are mailed via
overnight delivery.
Hardware and Software Requirements. Before you
decide to receive your Documents electronically, you must
determine if you have the necessary hardware and software
described below to access and retain these Documents. To
access and retain your Documents electronically, you will
need to use Adobe Acrobat Reader since we are delivering a
PDF file.
(download
Adobe Acrobat Reader)
Withdrawing Consent. You may withdraw your consent
to receive your Documents electronically at any time by
contacting the direct lender, whose number will be supplied
to you on your notice of approval or decline. With the
exception of email communications, we will continue the loan
process in non-electronic form to our online direct lenders
at no charge. If you decide to withdraw your consent, the
legal validity and enforceability of prior electronic
Documents will not be affected, and you will not have the
option to later receive your Documents electronically.
Copies. If you wish to obtain a paper copy of any
of the Documents, you may call the declining lender whose
direct contact information will be given to you on your
approval or decline notice from the lender and request a
copy at no charge.
Updating Your Contact Information. To update your
electronic or mailing address, contact the direct lender by
mail or telephone at the number given to you on the approval
or decline information sent to you in your original
communication from the lender.
CONSENT AND ACKNOWLEDGMENT. BY SELECTING ELECTRONIC
DOCUMENTS, YOU ACKNOWLEDGE THAT YOU CAN ACCESS THE
ELECTRONIC DOCUMENTS IN THE FORMAT DESCRIBED ABOVE, AND YOU
CONSENT TO HAVING DOCUMENTS PROVIDED TO YOU ELECTRONICALLY
VIA E-MAIL.
STATE SPECIFIC
DISCLOSURES
For Maine Applicants
You have the right of free choice in the selection of the
agent and insurer through or by which insurance in
connection with a loan is to be placed. Obtaining insurance
products from a particular agent or broker does not affect
credit decisions by the lender.
For New York Applicants
A consumer report may be requested in connection with your
application. Upon your request, we will tell you whether or
not the consumer report was requested and give you the name
and address of the consumer reporting agency that furnished
the report.
For Ohio Applicants
The Ohio laws against discrimination require that all
creditors make credit equally available to all creditworthy
customers and that credit reporting agencies maintain
separate credit histories on each individual upon request.
The Ohio Civil Rights Commission administers compliance with
this law.
For Wisconsin Applicants
Wisconsin law provides that no provision of a marital
property agreement, a unilateral statement under the marital
property law, or a court decree, will adversely affect a
creditor’s interests unless the creditor, prior to the time
the credit is granted, is furnished with a copy of the
agreement, statement or decree or has actual knowledge of
the adverse provision. If you are making this application
individually and not jointly with your spouse, you
understand that Wisconsin law requires that your spouse be
given notice of this credit obligation.
For Delaware Applicants
Notification - Every licensee shall furnish to every
applicant, a copy of this regulation at the time when such
application is made. Posting of this regulation in the
office of the licensee in a place both prominent and easily
visible to all potential applicants shall satisfy this
requirement. An explanation as to the contents and
limitations contained herein shall satisfy this requirement
when transactions occur telephonically. An informational
screen containing these limitations with an affirmative
acknowledgement by the consumer, prior to application, shall
satisfy this requirement for internet transactions.
Interest
(a) A lender may charge and collect interest in respect to a
revolving credit plan or closed-end loan at such a daily,
weekly monthly, annual, or other periodic percentage rate or
rates as the agreement governing the plan or loan provides,
or as established in the manner provided in such agreement.
Periodic interest may be calculated on a revolving credit
plan using any balance computation method provided for in
the agreement governing the plan. Periodic interest may be
calculated on a closed-end loan by way of simple interest or
such other method as the agreement governing the loan
provides.
(b) If
the agreement governing the revolving credit plan or
closed-end loan so provides, the periodic percentage rate or
rates of interest may vary in accordance with a schedule or
formula. Such periodic percentage rate or rates may vary
from time to time as the rate determined in accordance with
such schedule or formula varies and such periodic percentage
rate or rates, as so varied, may be made applicable to all
or any part of the outstanding unpaid indebtedness or
outstanding unpaid amounts. In the case of revolving credit,
such rate shall become applicable on or after the first day
of the billing cycle that contains the effective date of
such variation. In the case of closed-end loan transactions,
such rate may be made applicable to all or any part of the
outstanding unpaid amounts on and after the effective date
of such variation. Without limitation, a permissible
schedule or formula hereunder may include provisions in the
agreement governing the revolving credit plan or closed-end
loan agreement for a change in the periodic percentage rate
or rates of interest applicable to all or any part of
outstanding unpaid indebtedness or outstanding unpaid
amounts, whether by variation of the then applicable
periodic percentage rate or rates of interest, variation of
an index or margin or otherwise, contingent upon the
happening of any event or circumstance specified in the plan
or agreement, which event or circumstance may include the
failure of the borrower to perform in accordance with the
terms of the revolving credit plan or loan agreement.
Additional Fees and Charges; Limitations - If the agreement
governing the plan or loan so provides, in addition to, or
in lieu of, interest at a periodic percentage rate or rates
permitted by Chapter 22, Title 5 of the Delaware Code, the
licensee may charge and collect the following fees and
charges, subject to the limitations provided below, in
respect to revolving credit plans or closed-end loans:
(a)
Revolving Credit - with respect to a borrower, a lender may
charge, collect, or receive one or more of the following
fees and charges under plans subject to the provisions of
Subchapter II, Chapter 22, Title 5 of the Delaware Code:
(i)
periodic charges - a daily, weekly, monthly, annual or other
periodic charge, in such amount or amounts as the agreement
may provide for the privileges made available to the
borrower under the plan;
(ii)
transaction charges - a transaction charge or charges in
such amount or amounts as the agreement may provide for each
separate purchase or loan under the plan;
(iii)
minimum charges - a minimum charge, in such amount or
amounts as the agreement may provide for each daily, weekly,
monthly, annual or other scheduled billing period under the
plan during any portion of which there is an outstanding
unpaid indebtedness under the plan;
(iv) fees
for services rendered or reimbursement of expenses -
reasonable fees for services rendered or for reimbursement
of expenses incurred in good faith by the licensee or its
agent in connection with such loan, including without
limitation, commitment fees, official fees and taxes,
premiums or other charges for any guarantee or insurance
protecting the licensee against the borrower's default or
other credit loss, or costs incurred by reason of
examination of title, inspection, recording and other formal
acts necessary or appropriate to the security of the loan,
filing fees, attorney's fees, and travel expenses. In the
event a borrower defaults under the terms of a plan, the
licensee may, if the borrower's account is referred to an
attorney (not a regularly salaried employee of the licensee)
or to a third party for collection and if the agreement
governing the revolving credit plan so provides, charge and
collect from the borrower a reasonable attorney's fee. In
addition, following a borrower's default, the licensee may,
if the agreement governing the plan so provides, recover
from the borrower all court, alternative dispute resolution
or other collection costs (including, without limitation,
fees and charges of collection agencies) actually incurred
by the licensee;
(v) over
limit charges - a charge in such amount or amounts as the
agreement may provide, for each daily, weekly, monthly,
annual or other scheduled billing period under the plan
during any portion of which total outstanding indebtedness
exceeds the credit limit established under the plan;
(vi)
delinquency charges - a late or delinquency charge upon any
outstanding unpaid installment payments or portions thereof
under the plan which are in default; provided, however, that
no more than 1 such late or delinquency charge may be
imposed in respect of any single such installment payment or
portion thereof regardless of the period during which it
remains in default; and provided further, however, that for
the purpose only of the preceding provision all payments by
the borrower shall be deemed to be applied to satisfaction
of installment payments in the order in which they become
due.
(vii)
returned check charges - a returned check charge may be
assessed to consumers, in such amount or amounts as the
agreement may provide, provided the amount(s) of such
charges are customary and reasonable for checks that are
returned unpaid.
(viii)
termination fees - a charge in such amount or amounts as the
agreement may provide to terminate revolving credit plan.
(ix)
charges incurred in connection with real estate secured
transactions - in the case of revolving credit secured by
real estate such additional charges as outlined in item
(3)(c) of this regulation may also be collected within the
limitations stated therein.
(b)
Closed-end Credit - with respect to a borrower, a lender may
charge, collect, or receive one or more of the following
fees for loans subject to the provisions of Subchapter III,
Chapter 22, Title 5 of the Delaware Code:
(i) fees
for services rendered or reimbursement of expenses -
reasonable fees for services rendered or for reimbursement
of expenses incurred in good faith by the licensee or its
agent in connection with such loan, including without
limitation, commitment fees, official fees and taxes,
premiums or other charges for any guarantee or insurance
protecting the licensee against the borrowers default or
other credit loss, or costs incurred by reason of
examination of title, inspection, recording and other formal
acts necessary or appropriate to the security of the loan,
filing fees, attorney's fees, and travel expenses. In the
event a borrower defaults under the terms of the loan, the
licensee may, if the borrower's account is referred to an
attorney (not a regularly salaried employee of the licensee)
or to a third party for collection and if the agreement
governing, or the bond, note or other evidence of, the loan
so provides, charge and collect from the borrower a
reasonable attorney's fees. In addition, following a
borrower's default, the licensee may, if the agreement
governing, or the bond, note or other evidence of, the loan
so provides, recover from the borrower all court,
alternative dispute resolution or other collection costs
(including, without limitation, fees and charges of
collection agencies) actually incurred by the licensee;
(ii)
deferral charges - a deferral charge may be assessed to a
borrower in accordance with an agreement to permit the
borrower to defer installment payments of a loan;
(iii)
delinquency charges - if the agreement governing the loan so
provides, a late or delinquency charge may be imposed upon
any outstanding unpaid installment payment or portions
thereof under the loan agreement which are in default;
provided, however, that no more than 1 such delinquency
charge may be imposed in respect of any single such
installment payment or portion thereof regardless of the
period during which it remains in default; and provided
further that no such delinquency charge may exceed 5% of the
amount of any such installment or portion thereof in
default;
(iv)
returned check charge - if the agreement governing the loan
so provides, a returned check charge may be assessed to
consumers for checks that are returned unpaid provided the
amount(s) of such charges are customary and reasonable.
(v)
charges incurred in connection with real estate secured
transactions - in the case of closed end credit secured by
real estate such additional charges as outlined in item
(3)(c) of this regulation may also be collected within the
limitations stated therein.
(c) Real
Estate Secured Transactions - with respect to a borrower, a
lender may charge, collect, or receive one or more of the
following fees and charges subject to the limitations
herein, for loans subject to the provisions of Subchapters
II (Revolving Credit) and III (Closed-End Credit), Chapter
22, Title 5 of the Delaware Code when such loans are secured
by real estate:
(i) loan
origination points - points charged to the borrower on the
lender's behalf for any purpose other than to reduce the
periodic interest rate applicable to the mortgage loan may
not exceed 10% of the principal amount of the loan. Such
points may be deducted from the gross proceeds of the loan.
For purposes of this regulation "gross proceeds" is the
amount financed as defined in Federal Reserve Regulation Z;
(ii) loan
discount points - points charged to the borrower as a
function of rate for the purpose of reducing the periodic
interest rate applicable to the mortgage loan. Such points
may be deducted from the gross proceeds of the loan;
(iii)
property appraisal fees - property appraisal fees shall be
limited to the amount paid to a third party for such
appraisal and shall be limited to those amounts that are
customary and reasonable;
(iv)
credit report fees - credit report fees shall be limited to
the actual cost of the report if paid to a third party, not
an employee of the lender or affiliate. Such amounts shall
be customary and reasonable;
(v)
mortgage loan broker compensation fees - mortgage loan
broker compensation may be deducted from the gross proceeds
of the loan. Such amounts shall reasonably reflect the value
of the goods, services and facilities provided;
(vi) tax
certification and service fees - fees for agreements to
provide certification of the current tax status of the
property as well as fees for ongoing monitoring and notice
to the lender of all tax and improvement lien payments as
they become due shall be limited to those amounts actually
expended for such purposes. Such amounts shall be customary
and reasonable;
(vii)
flood hazard certification or determination fees -
determination fees may be charged for determining whether
the property is or will be located in a special flood hazard
area. This fee may also include the cost of life-of-loan
monitoring. Such amounts shall be customary and reasonable;
(viii)
title abstract/search/examination and title insurance
premiums - title insurance and/or cost of a title
certificate search, examination and binder shall be limited
to those amounts actually expended for such purposes. Such
amounts shall be customary and reasonable and may, at the
borrower's discretion, include owner's coverage in addition
to lender's coverage;
(ix)
legal fees - legal fees incurred in securing or closing a
loan shall be limited to amounts actually paid to an
attorney not in the employ of the lender, its parent, or
affiliate, and such charges shall not exceed those which are
customary and reasonable;
(x)
recording/satisfaction fees - recording/satisfaction fees
shall be limited to those actually expended by the lender to
any governmental authority for protection of interest in
collateral tendered. The State Bank Commissioner may approve
the payment of alternative fees for this purpose provided
the amount of said fee (payable by the borrower) shall not
exceed the amount which would be payable to any governmental
authority for protection of interest in collateral tendered;
(xi)
property survey fees - property survey fees to obtain a
drawing that delineates the exact boundaries of a property,
including lot lines and placement of improvements on the
property, shall be limited to those amounts actually
expended for such purposes. Such amounts shall be customary
and reasonable;
(xii)
pest inspection fees - pest inspection fees to cover
inspections for terminates or other pest infestation on the
property shall be limited to those amounts actually expended
for such purposes. Such amounts shall be customary and
reasonable;
(xiii)
fees incidental to loan closing - other fees and charges
including but not limited to: odd days interest, hazard and
mortgage insurance premiums, escrow reserves, lender's
inspection fees, mortgage insurance application fees,
assumption fees, underwriting fees, document preparation
fees, settlement or closing fees, notary fees, funding fees,
fees for lead based paint or other inspections and overnight
mail fees may be charged and such amounts shall be customary
and reasonable;
(xiv)
prepayment penalties - a charge in such amount or amounts as
the agreement so provides imposed in connection with the
payoff and termination of a revolving credit plan or closed
end loan secured by real estate;
(xv)
notwithstanding the provisions of this item (3)(c) of this
regulation, Licensed Lenders who are making mortgage loans
pursuant to the rules, regulations, guidelines and/or loan
forms established by the State of Delaware or federal
governmental or quasi-governmental entity (including,
without limitation, the Federal Housing Administration, the
Government National Mortgage Association, the Federal
National Mortgage Association and the Federal Home Loan
Mortgage Corporation) shall be permitted to charge and
collect any fees, charges or sums prescribed to be charged
and collected in connection with a mortgage loan originated
pursuant to a lending program conducted or supervised by any
such entity.
If you feel that this site is not
following its stated information policy, you may contact us
via email.
mail@repaircreditcarloan.com
