Your use of the Online Payment service is subject to the Online Payment Terms and Conditions (the “Agreement”) between you and The Money Source Inc., its affiliates and subsidiaries (collectively, “we,” “us,” or “our”).
By agreeing to the terms of this Agreement, you authorize us to draft or initiate an automatic clearing house or depository transfer check debit in your name from the account you specify in the amount you request, payable to us, on the date you indicate on the “Apply On” space, or on the next business day if the request is received after 9:30pm EST or on a weekend or holiday (an “Online Payment”).
Funds for the Online Payment must be available in the account you specify. If there are insufficient funds when your Online Payment is scheduled to be drafted, your bank will not honor the Online Payment, the Online Payment will be reversed from your account, and your bank may assess its customary fees for insufficient funds. If an Online Payment is not honored by your bank, we may impose a service charge and charge any late fees applicable to your account with us, as permitted by law.
Certain rights and obligations with respect to preauthorized electronic fund transfers are governed by the rules and regulations of your depository institution. Please contact your institution for more information.