E-Sign Terms & Conditions
Consent to Electronic Transactions and Disclosures
Because WebBank and BMG LoansAtWork, Inc. (“us,” “we”) operate on the Internet, it is necessary for you to consent to transact business with us online and electronically.
As part of doing business with us, we need you to consent to our giving you certain Disclosures (as defined below) electronically, either via BMG’s website and/or mobile application (the “Site”), or to the email address you provide to us. By clicking below, you agree to receive electronically all documents, disclosures, communications, notices, contracts, and agreements, including any IRS Form 1099 (as defined below) required to be provided to you by law from us or otherwise arising from or relating to any loans you may request through the Site, your registration on the Site, your use of the online services, or the servicing, administration and collection of any loan(s) (each, a “Disclosure”) and that one or more of your agreements (including any promissory note) may be signed by you electronically and evidenced solely by one (1) or more electronic records.
An IRS Form 1099 refers to any Form 1099 or other Form, Schedule or information statement, including corrections of such documents, required to be provided pursuant to U.S. Internal Revenue Service rules and regulations and that may be provided electronically (each, an “IRS Form 1099”). The decision to do business with us electronically is yours. As used herein, “Users” means anyone who accesses and/or uses the Site.
Electronic Communications
Any Disclosures will be provided to you electronically through our Site, or via electronic mail to the email address you provided. If you require paper copies of such Disclosures, you may write to us at the mailing address provided below and a paper copy will be sent to you. If you do not consent to receive an IRS Form 1099 electronically by clicking below or subsequently revoke such consent, a paper copy of any IRS Form 1099 required to be delivered to you after the effective time of your failure to consent or revocation of consent will be sent to you at no cost. However, a fee may be charged for any additional or replacement copies of such IRS Form 1099. We may discontinue electronic provision of Disclosures at any time in our sole discretion.
Scope of Consent
Your consent to receive Disclosures and sign agreements and otherwise transact business electronically, and your agreement to do so, applies to any transactions and all aspects of the relationship between you and us. Your consent will remain in effect for so long as you are a User and, if you are no longer a User, will continue until such a time as all Disclosures relevant to transactions that occurred while you were a User have been made. In addition, if your consent to receive Disclosures ceases to be effective, your consent to do so will nevertheless continue to apply.
Consenting to Do Business Electronically
Before you decide to do business electronically with us, you should consider whether you have the required hardware and software capabilities described below.
Hardware and Software Requirements
In order to access and retain Disclosures and sign agreements electronically, you must satisfy the following computer hardware and software requirements: access to the Internet; an email account and related software capable of receiving email through the Internet; a web browser which is SSL-compliant and supports secure sessions, such as Internet Explorer, Edge, Chrome, Firefox or the equivalent web-browser software, Adobe Acrobat or equivalent document reader or .pdf reader software; and hardware capable of running this software. If using the mobile application, you will need a mobile device with a current operating system such as iOS, Android.
Withdrawing Consent
You may withdraw your consent to receive Disclosures by contacting us at the address below. However, once you have withdrawn your consent, you will not be able to apply for loans on the Site, manage your loan account on the Site, or use online services.
If you have already received one or more loans and electronically executed one or more promissory notes or other agreements or instruments relating to such loans, all previously agreed-to terms and conditions and Disclosures will remain in effect with respect to such loans, promissory notes and other agreements, and we will send Disclosures with respect to such loans to your verified home address associated with your account.
If you withdraw your consent to receive IRS Forms 1099 electronically, we will confirm your withdrawal and its effective date in writing by email.
How to Contact Us Regarding Electronic Disclosures
You can contact us via email at customer.service@bmgmoney.com or by calling 1-800-316-8507. You also may reach us by writing to us at the following address: 444 Brickell Avenue, Suite 250, Miami, FL 33131.
You will keep us informed of any change in your email or home mailing address so that you can continue to receive all Disclosures in a timely fashion. If your registered email address changes, you must notify us of the change by sending an email to customer.service@bmgmoney.com or calling 1-800-316-8507. You also agree to update your registered residence address and telephone number on the Site if they change.
You agree that you will print a copy of this agreement for your records and you agree and acknowledge that you can access, receive and retain all Disclosures electronically sent via email or posted on the Site and agreements signed electronically through the Site and/or the Services.
Consent and Acknowledgement
- You have read the information about the use of electronic records to provide Disclosures and other communications, and the use of electronic signatures in connection with any loan(s) or agreements.
- You consent to the use of electronic records to provide Disclosures and electronic signatures in connection with any loan(s) in place of written documents and handwritten signatures.
- You are able to view this consent. You are also able to download and review files in Microsoft Word and PDF formats.
- You have an account with an Internet service provider and you are able to send e-mail and receive e-mail with hyperlinks to websites.
- In completing the loan application, you are reasonably demonstrating that you can access the Disclosures in the form disclosed above and electronically sign agreements and instruments relating to any loan(s).