Rapid Cash Advance
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Rapid Cash Advances, Inc
Legal Agreement

Truth of Application:
You certify that the information stated on your application is true and correct. You understand that we are relying upon the application and this agreement. You authorize us to verify any information through any source or service including but not limited to Telecheck, TeleTrack, Scan or CL Verify.

Method of Payment:
You agree that we may initiate an automatic debit on your account through ACH or any other means available to us on the Payment Due Date if you have not paid us in cash or by cashier's check, money order, or other immediately available funds the amount of the Total Of Payments on the Payment Due Date. If payment of the entire payment due is made prior to the Payment Due Date, we will not initiate a debit on your account.

Authorization Agreement for Pre-Authorized Payments:
You authorize Rapid Cash Advances, Inc or any agent of, to initiate debit/credit entries to your checking account through ACH or any other means available. This authority is to remain in full force and effect until COMPANY and BANK have received written notification from you of its termination in such time and in such manner as to afford COMPANY and BANK a reasonable opportunity to act on it. You further agree not to stop payment on the check or take any action that will result in the failure of your bank to pay the check on the Payment Due Date.

Customer's Bank Charges:
You will not hold Lender or our agents responsible for depositing any check(s) or for any fees you must pay as a result of any check(s) being deposited at your bank.

Bankruptcy:
You certify that you are not currently engaged or preparing to file for bankruptcy.

Default:
You will be in default under this agreement if
a) you stop payment of the check or otherwise fail to pay the Total Of Payments on or before the Payment Due Date.
b) you provide false or misleading information about yourself, your employment, or your financial condition ( including the account on which the check is drawn ) prior to entering this agreement.
c) any of the following things occur: your death, failure to pay your other debts as they come due, appointment of a committee, receiver, or other custodian of any of your property, or the commencement of a case under the Federal Bankruptcy Laws by or against you as a debtor.


Consequences of Default:
Should you stop payment on the check or otherwise be in default under this agreement, we may, at our option, exercise any one or more of the following remedies:
a) we may charge a minimum of $30 returned check fee.
b) if payment is not made after written demand, we may go to court, and get a judgement against you for the then unpaid amount of your obligations to us. In the event judgement is entered in our favor, we may seek to collect this judgement through all judicial means necessary, including attaching your non-exempt property, or garnishing your wages.
c) if we have to hire an attorney to help us collect the amount you owe us, your electronic signature on this agreement constitutes your agreement to pay all of our reasonable attorney's fees, court costs, and other expenses including the cost of forclosure and legal remedies that we incur collecting.
d) if we are advised by your bank or other financial instution that the check has been altered, forged, stolen, obtained through fraudulent or illegal means, negotiated without proper legal authority, or represents the proceeds of illegal activity, we are required by law to notify the State Attorney's Office for the judicial circuit in which our office is located.


Arbitration Provision:
Any and all disputes or disagreements between the parties arising out of this Agreement or any prior agreement between them shall be resolved upon the election of you or us, by binding arbitration and in accordance with the rules of the American Arbitration Association as presently published and existing. The parties agree to be bound by the decision of the arbitrator(s). The arbitration proceeding shall be a condition precedent to any other court proceeding. Notwithstanding the applicability of any other law to any other provision of this Agreement, the Federal Arbitration Act, 9 U.S.C. Section 1ff shall control the construction, interpretation, and application of the paragraph. Any issue to whether the Agreement is subject to arbitration shall be determined by the arbitrator.

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