Cash App
Cash App Afterpay Pay Over Time Loan Agreement
Effective February 13, 2025 - present
Cash App Afterpay Pay Over Time is a Cash App product offered and managed through your Cash App account. Your pay over time loan cannot be accessed or serviced through an Afterpay account. For any help, contact Cash App Support.
This Cash App Afterpay Pay Over Time Loan Agreement (“Agreement”) is between you and First Electronic Bank, a Utah-chartered industrial bank (“Bank”), as the originator and issuer of your loan. Please read this Agreement and keep a copy.
Please note that you should review this Agreement carefully, including those provisions which limit Bank’s liability and those regarding individual arbitration for potential legal disputes (see Section 23).
You acknowledge that you have read, agree with, and accept all terms and conditions contained in this Agreement. In consideration of the promises and the respective representations, warranties, covenants, agreements and conditions contained below and on the following pages, you and Bank enter into this Agreement and agree with, and accept, the terms and conditions set forth herein.
1. Definitions
“Amount Financed” is the amount of credit provided to you or on your behalf, equal to the amount of the eligible transaction made using your Cash App Visa® Prepaid Card issued by Sutton Bank (“Card”) that you select from your Cash App Activity tab (the “Financed Transaction”), as reflected in your Truth in Lending Act Disclosure.
“Cash App Balance” means the funds you have in your Cash App account that are available for new transactions and are not subject to pending transactions.
“Final Due Date” is the date by which you must pay the Total of Payments, as shown in your Truth in Lending Disclosure.
“Finance Charge” is the dollar amount the credit will cost you, calculated as a percentage of the Amount Financed, as reflected in your Truth in Lending Act Disclosure.
“Pay Over Time Summary” means the summary of your order and payment due dates.
“Outstanding Balance” means the Total of Payments less the amount(s) of any payments that have been made over the term of the loan.
“Overdue Interest” means the weekly charge that may be applied to your unpaid Amount Financed in the event You fail to pay the Outstanding Balance by or on the Final Due Date, as reflected in your Truth in Lending Act Disclosure.
“Payoff Amount” means the Outstanding Balance plus any unpaid Overdue Interest.
“SQC” means Square Capital, LLC, a wholly owned subsidiary of Block, Inc., d/b/a Square Capital of California, LLC in Florida, Georgia, Montana, and New York.
“Total of Payments” is the amount you will have paid after you have made all payments as scheduled, equal to the Amount Financed plus the Finance Charge.
“Truth in Lending Act Disclosure” means the disclosure provided to you prior to your executing this Agreement, pursuant to the federal Truth in Lending Act and Regulation Z, which includes certain details related to this loan.
“You” means the person identified as “Borrower” in your Truth in Lending Act Disclosure.
2. Disbursement of Funds
Upon your execution of this Agreement and your agreement to the other Loan Documents, Bank will disburse the Amount Financed to your Cash App account. You acknowledge and agree that you will use this loan and the loan proceeds solely for personal, family, or household purposes.
3. Promise to Pay
You agree to pay Bank (a) the Total of Payments by or on the Final Due Date, and (b) if applicable, the Payoff Amount, promptly after the Final Due Date.
You authorize Bank to initiate payments on the Final Due Date from your Cash App Balance and, if necessary, the debit card linked to your Cash App account as a funding source, in an amount not to exceed the Outstanding Balance. In the event You fail to pay the Total of Payments by or on the Final Due Date, You authorize us to initiate payments from your Cash App Balance and, if necessary, the debit card linked to your Cash App account as a funding source, in an amount not to exceed the Payoff Amount. In each case, Bank will first attempt to initiate a payment from your Cash App Balance. If your Cash App Balance has insufficient available funds, then we will initiate a second transaction for the remainder of the Outstanding Balance or Payoff Amount, as applicable, from such debit card. This authorization will remain in effect until your Payoff Amount is paid in full, and Bank may make multiple repayment attempts from your Cash App Balance and debit card if earlier repayment attempts do not fully satisfy the Payoff Amount. If such repayment attempts do not fully satisfy the Payoff Amount, then Bank will thereafter attempt to initiate payments from your Cash App Balance upon receipt of funds equal to or in excess of 20% of the Payoff Amount, until the full satisfaction of the Payoff Amount.
4. Overdue Interest
In accordance with the applicable law of your state of residence, if you fail to pay the Total of Payments by the Final Due Date and the Outstanding Balance remains unpaid for a period of seven (7) days after the Final Due Date or any additional grace period required by applicable law, Overdue Interest will accrue on any unpaid Amount Financed on a weekly basis and will continue to accrue on a weekly basis until the Payoff Amount has been paid in full.
5. Automatic Payment Authorization; Optional Automatic Payment; Manual Electronic Payments; Making Your Payments
a. Automatic Payment of Payoff Amount. For purposes of the payment authorization provided in Section 3 above, you authorize Block, Inc. (which shall be a third party beneficiary of this provision), in its capacity as the holder of your Cash App Balance, to monitor activity on your Cash App Balance and to notify Bank, or to initiate a payment in the amount of the Payoff Amount, or in the amount of available funds in your Cash App Balance, whichever is less, on our behalf pursuant to standing instructions from Bank, any time funds are available in your Cash App Balance. This subsection is not intended to create or to give Bank a security interest in your Cash App Balance or any funds added to your Cash App Balance. We expressly disclaim any priority over other creditors or a bankruptcy trustee in a bankruptcy proceeding or similar proceeding as a result of the payment authorization in this subsection.
b. Automatic Payment Authorization. In taking this loan, you agree to the Autopay Terms (the “Autopay Terms”), which contain additional disclosures. You can opt out of automatic payments at any time by contacting Cash App Support, which may be accessed by clicking on your profile in Cash App, clicking “Support” and following the in-app prompts. Opting out will, by no later than three business days after the date of such opt-out, disable all subsequent automatic payments, including those to be made during the loan term, on the Final Due Date and (if applicable) after the Final Due Date.
c. Optional Automatic Payment. You may enroll in automatic payments for any voluntary prepayments to be made during the loan term, at your discretion. Additional disclosures regarding such automatic payments for such optional prepayments are contained in the Autopay Terms.
d. Manual Electronic Payments. You also may choose to manually make electronic payments. If you choose to unenroll from the automatic payments authorized herein and in the Autopay Terms, you will be required to manually authorize payments from your Cash App Balance or a linked debit card(s).
e. Payment by Mail. You may also pay by sending checks payable to “First Electronic Bank ℅ Square Capital, LLC” to the following address:
First Electronic Bank ℅ Square Capital, LLC \ Attn: Cash App Lending Program Operations \ Lockbox Services 208731 \ Dallas, TX 75320-8731
Your check must specify your $Cashtag, your Loan ID, the Amount Financed, and the date you entered into this Agreement. Your payment must be made in U.S. dollars from a valid U.S. source in a form acceptable to Bank.
A check must be physically received at the above address by 4:00 PM CT on a business day in order to be credited to your loan on the same day.
f. Making Your Payments. You agree to take all necessary steps to ensure notifications are not being filtered out of the mode by which you have selected to receive notifications in your Cash App. Your payment will still be due on your regularly scheduled due date even if you do not receive a notification from Bank.
6. Payment Processing
a. You agree that Bank may accept and process payments without losing any rights.
b. You agree to make payments electronically or through check payments that you send to Bank. You agree that any other form of payment, including cash payments, will not be accepted. You agree that neither Bank nor any of Bank’s service providers are responsible if your financial institution rejects a payment you make. You will be responsible for any fees charged by your financial institution.
c. You agree and authorize Bank to resubmit and/or collect returned payments electronically if you have opted to pay electronically.
d. You agree and authorize Bank to make electronic reversals or credits to any debit card you have provided in the event of an erroneous debit or as otherwise appropriate.
e. You agree and authorize Bank to correct errors, to process returned and reversed payments, and to handle other issues pertaining to your loan.
f. You acknowledge that funds may be withdrawn from your Cash App Balance or a linked debit card(s) as early as the same day your payment is received.
7. How Your Payments Are Applied
During the loan term, repayments will be applied proportionally to the principal and Finance Charge. After a loan goes overdue, repayments will be applied in the following order: 1) Overdue Interest and 2) proportionally to the principal and Finance Charge.
8. Repayments
a. You may elect to repay the Total of Payments on either of the following schedules: (i) “Pay-in-Four”, consisting of four equal weekly payments due during the loan term and on the Final Due Date; or (ii) “All-at-once”, consisting of a single payment due on the Final Due Date.
b. If you choose Pay-in-Four, the three payments to be made before the Final Due Date are voluntary prepayments. You are not required to make the optional prepayments and will not be subject to any late fees or penalties for missing those payments. If you do not make the voluntary prepayments, the amount of the missed payment will be added to the subsequent payment. If you choose to skip all voluntary prepayments, the Total of Payments will be due on the Final Due Date. If you do not pay the Total of Payments by the Final Due Date, you may be assessed late charges as detailed above.
c. In addition to the voluntary prepayments described above, you may prepay your loan in full or in part at any time. There is no fee or charge for early payment of all or any part of your loan. Upon the early prepayment of your loan, Bank will refund any unearned amount of the Finance Charge in accordance with the law of your state of residence when you entered into this Agreement.
9. Default
a. Unless expressly prohibited by law, you will be in default on your loan if:
You do not pay the Total of Payments by the Final Due Date;
Any payment you make is rejected or not paid by your bank or cannot be processed by your bank;
You file or become the subject of a bankruptcy or insolvency proceeding;
You are unable to repay your obligations, including upon death or legally declared incapacity;
You provided inaccurate, untrue, or incomplete information, or you otherwise tried to defraud or provide material misrepresentations to Bank or its service providers;
Your Cash App account is restricted, suspended, or terminated;
You do not comply with any term of this Agreement; and/or
You permanently reside outside the United States.
b. If you are in default, Bank may take certain actions with respect to your loan without notifying you unless notification is required by law. For example, depending on the default, the following actions may be taken:
If you are enrolled in automatic payments, your Cash App Balance or linked debit card may be debited the amount of the Outstanding Balance not paid by the Final Due Date;
Your ability to use any or all features on Cash App may be suspended until you satisfy your outstanding loan obligation;
You may be charged a late fee after any applicable grace period has passed;
You may be unable to obtain further credit from Bank; and/or
Any other action to the extent not prohibited by law.
10. Disputes with Merchant; Refunds
a. If you are not satisfied with the goods or services purchased in the Financed Transaction, you must resolve any issues directly with the merchant. The merchant has the sole discretion to issue a refund for such goods or services, and Cash App may not be able to resolve any dispute between you and the merchant related to a refund.
b. Any refund or dispute related to the Financed Transaction with the applicable merchant is governed by your Card agreement and the Cash App Terms of Service.
c. If you initiate a return with the applicable merchant for the Financed Transaction, or if you initiate a dispute related to the Financed Transaction, you will remain liable for all payments due hereunder.
d. If you believe there are errors or issues with the loan provided herein, please refer to Section XII.2 of the Cash App Terms of Service.
11. Loan Documents
The following documents (“Loan Documents”) govern your loan:
This Agreement;
The E-Sign Consent provided to you when you applied for the loan;
The Pay Over Time Summary and Truth in Lending Act Disclosure, and any updates to either document;
The Autopay Terms;
The Cash App Acceptable Use Policy; and
Any privacy notices applicable to your Cash App account or provided to you when you applied for the loan.
Please read these carefully and keep them for future reference.
12. Entire Agreement
The Loan Documents constitute the entire agreement between you and Bank with respect to this loan. You acknowledge and agree that no oral representations shall vary, modify or amend the terms and conditions of the Loan Documents. Any failure by Bank to exercise, or delay by Bank in exercising, any right or remedy shall not operate as a waiver thereof. Bank may make changes to the Loan Documents at any time in accordance with and to the extent permitted by applicable law.
13. Applicable Law
This Agreement and any dispute arising hereunder will be governed by Utah law and/or applicable federal law (including the Federal Arbitration Act) as applied to agreements entered into and to be performed entirely within Utah, without regard to its choice of law or conflicts of law principles that would require application of law of a different jurisdiction.
14. Service Providers and Third Party Beneficiaries.
a. Bank may retain service providers to perform on its behalf any actions authorized or contemplated by this Agreement. Any authorization or permission that you grant to Bank in this Agreement (or otherwise in connection with your loan) shall extend to and cover any service provider acting on Bank’s behalf or at Bank’s direction. Without limiting the generality of the foregoing, you expressly authorize Block, Inc. and/or its affiliates (including SQC), when acting as Bank’s service provider, to take any actions authorized or contemplated by this Agreement regardless of whether such actions are authorized or contemplated by the Cash App Terms of Service.
Other provisions in this Agreement that expressly extend rights or protections under this Agreement to Bank’s service providers (either generally or to specific service providers) are included for the avoidance of doubt, and should not be interpreted to limit the operation or effect of the general provisions in this Section.
b. The parties agree that SQC, along with SQC’s parent company, subsidiaries, affiliates, agents, employees, predecessors, successors, or assigns and any authorized users or beneficiaries of the Cash App pay over time loan program, are intended to be, and shall have the rights of, a third party beneficiary of this Section 14.
15. Personal Financial Information
You agree to provide personal financial information about you that may be requested from time to time for underwriting, security, and/or other purposes related to the management of your account. This includes, but is not limited to:
Your full legal name;
A valid U.S. mailing address and residential address (if different);
Your date of birth;
Your Social Security Number or Individual Taxpayer Identification Number;
Your telephone number(s); and
Your employment and income information.
You agree to promptly update your personal information in your Cash App profile, including but not limited to your name, street address, email address or telephone number. In doing so, you agree that you will not provide false information or signatures, electronic or otherwise, at any time. You may be asked for additional documents to verify any changes. You understand that if you move to a state where this product is not offered, you will be unable to borrow subsequent loans.
16. Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: when you open an account, Bank will ask for your name, address, date of birth, and other information that will allow Bank to identify you. Bank may also ask to see your driver’s license or other identifying documents.
17. Age and Residency
By entering into this Agreement, you agree that you are at least 18 years of age and of sufficient legal age to enter into a contract in the state where you reside and you are a resident of the United States when you execute this Agreement.
18. Communications and Contact Information
a. You consent to accept and receive communications from Bank including e-mail, text messages, calls, and push notifications to the cellular telephone number you provide when you inquire about a loan or update your contact information. Such communications may include, but are not limited to, communications regarding applications for credit, credit decisions, disclosures, servicing, collections, requests for secondary authentication, receipts, reminders, and notifications regarding updates to your account or account support. Call and text message communications may be generated by automatic telephone dialing systems. Standard message and data rates applied by your cell phone carrier may apply to the text messages sent to you.
b. You may opt out of receiving promotional email communications from Bank by following the unsubscribe options contained in such emails. You may opt out of any promotional phone calls from Bank by informing the caller that you would not like to receive future promotional calls. You may also opt out of text messages from Bank at any time by texting END to the number from which you received a text. You acknowledge that opting out of receiving communications may impact your use of Bank’s and/or Block, Inc.’s and/or SQC’s services.
19. Submission of Ideas
You may submit comments or ideas about the loans and/or services you receive (“Ideas”). By submitting any Idea, you agree that your disclosure is gratuitous, unsolicited, and without restriction, that it will not place Bank under any fiduciary, confidentiality or other obligation, and that Bank and/or SQC is free to use the Idea without any additional compensation to you, and/or to disclose the Idea on a non-confidential basis or otherwise to anyone. You hereby grant Bank a perpetual, irrevocable, worldwide, fully paid up, non-exclusive, sub-licensable, right and license to use the user content and all elements thereof, in any and all media formats and forms, known now or hereafter devised for any purpose that Bank chooses.
20. Severability
Except as otherwise provided herein and to the extent not prohibited by law, if any provision of this Agreement is held to be invalid or unenforceable, such determination shall not affect the validity or enforceability of the remaining provisions of this Agreement.
21. Assignment and Delegation
This Agreement will be binding on, and benefit, any of your and Bank’s successors and assigns, which such assigns shall include, for the avoidance of doubt, any subsequent holders of your loan. Except as provided by applicable law, Bank may sell, assign or transfer your loan and this Agreement in whole or in part without your permission and without prior notice to you. If this Agreement is sold, assigned or otherwise transferred, your rights under the law or under this Agreement will in no way be altered or impaired. Any assignee or assignees, including, for the avoidance of doubt, any subsequent holders of this Agreement, will take Bank’s place under this Agreement. You must pay them and perform all of your obligations to them and not Bank. If you pay Bank after you are notified that your loan or this Agreement has been transferred, Bank may return the payment to you, forward the payment to the assignee, or handle it in another way that is reasonable. You may not sell, assign, delegate or transfer your loan, this Agreement, or your obligations under this Agreement to someone else without Bank’s written permission or the written permission of any subsequent holder of your loan. Any sale, assignment or transfer of your loan by you in violation of this Section shall be null and void.
22. Survival of Obligations
Notwithstanding any other provision in this Agreement, the obligations in Sections 12 (Entire Agreement), 13 (Applicable Law), 20 (Severability), 21 (Assignment and Delegation), 22 (Survival of Obligations), and 23 (Binding Individual Arbitration) will survive any expiration or termination of this Agreement.
23. Binding Individual Arbitration
a. General. This arbitration provision does not apply to “Military Borrowers,” which means a “covered borrower”, as that term is defined in 32 CFR Section 232.3(g).
The parties agree that SQC, along with SQC’s parent company, subsidiaries, affiliates, agents, employees, predecessors, successors, or assigns and any authorized users or beneficiaries of the Borrow program, are intended to be, and shall have the rights of, a third party beneficiary of this section of this Agreement.
b. The parties agree that any and all Disputes, except those that are resolved informally or brought in a small claims court, will be arbitrated by a neutral arbitrator who has the power to award the same individual damages and individual relief that a court can.
“Disputes” are defined as any claim, controversy, or dispute between the parties, their processors, suppliers or licensors (or their respective affiliates, agents, directors or employees), whether arising before or during the effective period of this Agreement, and including any claim, controversy, or dispute based on any conduct of either party that occurred before the effective date of this Agreement, including any claims relating in any other aspect of your relationship with Bank.
c. Class Action Waiver. ANY ARBITRATION UNDER THESE GENERAL TERMS WILL ONLY BE ON AN INDIVIDUAL BASIS; CLASS ARBITRATIONS, CLASS ACTIONS, REPRESENTATIVE ACTIONS, AND CONSOLIDATION WITH OTHER ARBITRATIONS ARE NOT PERMITTED. YOU WAIVE ANY RIGHT TO HAVE YOUR CASE DECIDED BY A JURY AND YOU WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION AGAINST BANK.
d. Pre-Filing Requirement. Before an arbitration is commenced, the parties agree to attempt to avoid the costs of formal dispute resolution by giving each other a full and fair opportunity to address and resolve a Dispute informally. Both parties recognize that this is an important requirement, and that breach of this requirement would be a material breach of this Agreement. To provide this opportunity, before commencing any arbitration or suit, each party agrees to send to the other party a written Notice (“Notice”). Any Notice to Bank should be sent by certified mail to: First Electronic Bank ℅ Square Capital, LLC, Attn: Arbitration Provision, 1955 Broadway, Suite 600, Oakland, CA 94612. Any Notice sent to you will be sent to the contact information on file for your account. The Notice must: (i) include your name and $Cashtag; (ii) provide detailed information sufficient to evaluate the merits of the claiming party’s individualized claim and for the other party to determine if an amicable resolution is possible; and (iii) set forth the specific relief sought, including whatever amount of money is demanded and the means by which the demanding party calculated the claimed damages. The parties agree that they will attempt to resolve a dispute through an informal negotiation within sixty (60) days from the date the Notice is sent. After that sixty (60) day period and not before, either party may commence arbitration. The party receiving the notice shall then have seven (7) days to respond, including to elect for the case to be heard by a small claims court with jurisdiction. If either party elects small claims court, the dispute will be resolved in that forum and not through arbitration. Each party agrees that state courts in the City of Oakland and County of Alameda, California, or federal court for the Northern District of California, referenced below, may enter injunctive relief to enforce the pre-filing requirements of this paragraph, including an injunction to stay an arbitration that has been commenced in violation of this paragraph.
e. Scope of Arbitration. If the parties are not able to resolve the Dispute by informal negotiation or, as provided below, in a small claims court, all Disputes will be resolved finally and exclusively by binding individual arbitration with a single arbitrator (the “Arbitrator”) administered by the American Arbitration Association (https://www.adr.org) according to this Section and the Consumer Arbitration Rules through the Procedures for the Resolution of Disputes through Document Submission (the “AAA Rules”), including Rule D-3(b), except each party will have the right to file early or summary dispositive motions and so long as the claim is arbitrable under the AAA Rules. Except as set forth above, the Arbitrator shall be responsible for determining all threshold arbitrability issues, including issues relating to whether certain terms are enforceable, unconscionable or illusory and any defense to arbitration, including waiver, delay, laches, or estoppel. If any provision of this arbitration agreement is found unenforceable, the unenforceable provision will be severed, and the remaining arbitration terms will be enforced (but in no case will there be a class or representative arbitration).
f. Small Claims Court. Subject to applicable jurisdictional requirements, either party may elect to pursue a Dispute in a local small claims court rather than through arbitration. If a party has already submitted an arbitration demand to the AAA, the other party may, in its sole discretion, inform the AAA that it chooses to have the Dispute heard in small claims court. At that time, the AAA will close the arbitration and the Dispute will be heard in the appropriate small claims court, with no fees due from the arbitration respondent.
g. Arbitration Procedures. The Federal Arbitration Act, 9 U.S.C. §§ 1-16, including its procedural provisions, fully applies. So long as it is consistent with the AAA Rules, including Rule D-3(b), the arbitration shall occur through the submission of documents to one arbitrator. To the extent any in-person arbitration hearing is required, the arbitration hearing will occur in Oakland, California; provided, however, that if circumstances prevent you from traveling to Oaklandco, the Arbitrator may hold an in-person hearing in your hometown. The Arbitrator’s award will be binding on the parties and may be entered as a judgment in any court of competent jurisdiction. Bank values your privacy, particularly with respect to your financial transactions and data. Each of the parties shall maintain the confidential nature of the arbitration and shall not (without the prior written consent of the other party) disclose to any third party the fact, existence, content, award, or other result of the arbitration, except as may be necessary to enforce, enter, or challenge such award in a court of competent jurisdiction or as otherwise required by applicable law. While an arbitrator may award declaratory or injunctive relief, the Arbitrator may do so only with respect to the individual party seeking relief and only to the extent necessary to provide relief warranted by the individual party’s claim. The Arbitrator’s decision and judgment thereon will not have a precedential or collateral estoppel effect.
h. Arbitration Fees. In accordance with the AAA Rules, the party initiating the arbitration is responsible for paying the applicable filing fee. For purposes of this arbitration provision, references to each party also include respective subsidiaries, affiliates, agents, employees, predecessors, successors and assigns as well as authorized users or beneficiaries of the Cash App services.
i. Opt-Out. You may reject this provision, in which case only a court may be used to resolve any Dispute. To reject this provision, you must send Bank an opt-out notice (the “Opt-Out”) within thirty (30) days after you take out a loan or Bank first provides you with the right to reject this provision. The Opt-Out must be mailed to First Electronic Bank, ℅ Square Capital, LLC, Attn: Arbitration Provision, 1955 Broadway, Suite 600, Oakland, CA 94612. The Opt-Out must include your name, $Cashtag, address, phone number and the email address(es) you used to sign up for the loan as well as the loan number for the loan for which you choose to Opt Out. Opting out will not affect any other aspect of the Agreement or your loan, and you will be opted out of arbitration for any subsequent (but not prior) Cash App pay over time loans you may borrow.
j. Court Proceedings. Subject to and without waiver of the arbitration provisions above, you agree that any judicial proceedings (other than small claims actions as discussed above) will be brought in, and you hereby consent to the exclusive jurisdiction of and venue in, the state courts in the City of Oakland and County of Alameda, California, or federal court for the Northern District of California.
24. Military Annual Percentage Rate Statement:
Federal law provides important protections to members of the United States Armed Forces and their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependents may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: (1) the costs associated with credit insurance premiums; (2) fees for ancillary products sold in connection with the credit transaction; (3) any application fee charged (other than certain application fees for specified credit transactions or accounts); and (4) any participation fee charged (other than certain participation fees for a credit card account). To hear these disclosures and information about your payment obligation over the telephone, please call the following toll-free number: (855) 949-7782.
25. State Notices
**For IOWA residents:
NOTICE TO CONSUMER: (1) Do not sign this paper before You read it. (2) You are entitled to a copy of this paper. (3) You may prepay the unpaid balance at any time without penalty and may be entitled to receive a refund of unearned charges in accordance with law.
IMPORTANT: READ BEFORE SIGNING. The terms of this Agreement should be read carefully because only those terms in writing are enforceable. No other terms or oral promises not contained in this written contract may be legally enforced. You may change the terms of this agreement only by another written agreement.
For KANSAS residents:
NOTICE TO CONSUMER: 1. Do not sign this Agreement before You read it. 2. You are entitled to a copy of this Agreement. 3. You may prepay the unpaid balance at any time without penalty.
For MASSACHUSETTS residents:** Massachusetts law prohibits discrimination based upon marital status or sexual orientation.
For MISSOURI and NEBRASKA residents: Oral agreements or commitments to loan money, extend credit or to forbear from enforcing repayment of a debt including promises to extend or renew such debt are not enforceable. To protect You (borrower(s)) and Bank (creditor) from misunderstanding or disappointment, any agreements we reach covering such matters are contained in this writing, which is the complete and exclusive statement of the agreement between You and Bank, except as You and Bank may later agree in writing to modify it.
For NEW JERSEY residents: The section headings of this Agreement are a table of contents and not contract terms. Because certain provisions of this Agreement are subject to applicable law, they may be void, unenforceable or inapplicable in some jurisdictions. None of these provisions, however, are void, unenforceable or inapplicable in New Jersey.
For OHIO residents: The Ohio laws against discrimination require that all creditors make credit equally available to all credit-worthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with the law.
For SOUTH DAKOTA residents: If there are any improprieties in the servicing of this loan or in any loan practices, please refer to the South Dakota Division of Banking: South Dakota Division of Banking, 1714 Lincoln Avenue, Suite 2, Pierre, South Dakota, 57501; (605) 773-3421.
For UTAH residents: As required by Utah law, You are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency if You fail to fulfill the terms of your credit obligations.
This Agreement is the final expression of the agreement between You and Bank and it may not be contradicted by evidence of an alleged oral agreement.
For WASHINGTON residents: Oral agreements or oral commitments to loan money, extend credit, or to forbear from enforcing repayment of a debt are not enforceable under Washington law.
For Married WISCONSIN residents: No provision of any marital property agreement, unilateral statement or court decree adversely affects our rights, unless You give Bank a copy of such agreement, statement or court order before Bank grants You credit, or Bank has actual knowledge of the adverse provision. All obligations under this Agreement will be incurred in the interest of your marriage or family. You understand that Bank may be required to give notice of this Agreement to your spouse. Married Wisconsin residents must furnish the name and email address of their spouse to First Electronic Bank ℅ Square Capital, LLC through Cash App Support, which is accessed by clicking on your profile in the Cash App and clicking “Support” and following the in-app prompts.
This Agreement is the final expression of the agreement between You and Bank and it may not be contradicted by evidence of an alleged oral agreement.
Executed via electronic signature on the date of your loan as shown in your Cash App Activity tab.