Getting a payday advance is such a simple process but why is there so much information in the Customer Agreement?
The one page Agreement you read and sign prior to receiving your advance is a contract between you and Checkmate. This contract outlines the terms of the transaction and complies with all applicable state and federal disclosure requirements, including the fees expressed as both a dollar amount and as an annual percentage rate (APR). Although most customers consider the APR irrelevant to a short-term transaction, in the interest of full disclosure it is provided to you. Checkmate wants you to have all the information available to make an educated financial decision.
Related Questions
- If getting a payday advance is such a simple and easy process, why is there so much information in the customer agreement?
- Getting a payday advance is such a simple process but why is there so much information in the Customer Agreement?
- Getting a payday advance is such a simple process; why is there so much information in the Customer Agreement?
