In the event that this credit application is approved, the applicant hereby agrees to and accepts the following terms and conditions: FULL PAYMENT SHALL BE DUE UPON RECEIPT OF STATEMENT. Failure to make payment in full within 30 DAYS of statement closing date will subject applicants account to a finance charge, which will be computed on the average daily balance at a monthly rate of 2% (ANNUAL PERCENTAGE RATE OF 24%).
In the event that the account remains unpaid and legal fees therefore are incurred by Montreal Doval Limousine, to obtain payment for services rendered or for information and assistance Montreal Mercedes Limo Quebecs may require from whatever source it deems necessary to obtain payment, the applicant shall be held accountable for all expenses incurred in the collection process, including reasonable attorney fees.
The undersigned on behalf of the applicant authorizes Montreal Mercedes Limo Quebecs to conduct a complete and thorough check of all the information supplied to Montreal Mercedes Limo Quebecs. Furthermore, the applicant certifies that the above statements are true, correct and complete and have been made by the undersigned for the purpose of inducing Montreal Mercedes Limo Quebecs, to extend credit to the applicant knowing that Montreal Mercedes Limo Quebecs, will rely thereupon, furthermore the undersigned is fully aware of Montreal Mercedes Limo Quebecs's cancellation, reservation and billing policies.
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