The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all of part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission, Equal Credit Opportunity, Washington DC 20580.
Applicant(s) hereby certifies that the information given for the purpose of obtaining credit is true and correct. K&K Supply is hereby authorized to obtain such information it requires concerning this application, including but not limited to credit reports, bank and trade references and individual credit reports of Applicant(s) any potential guarantors. This information shall remain the property of K&K Supply whether extension of open credit privileges is granted or denied. Applicant’s credit will be established when the account is approved. Revisions to this credit will be determined on an ongoing basis, depending upon various factors including, but not limited to, upon credit worthiness and payment record. K&K Supply reserves the right to request additional information, including financial statements in order to increase or continue to extend credit.
As an inducement for K&K Supply to provide credit, the undersigned does hereby individually (where applicant is other than an individual), and on behalf of the applicant, jointly and severally guarantee to K&K Supply full and prompt payment of any and all amounts which may from time to time be owed to K&K Supply under this or another contract. The undersigned guarantors agreed to pay all indebtedness and accrued interest allowed under the law, and further agreed to pay all costs and expenses, including attorney’s fees and costs, which may be incurred by K&K Supply in collecting any amounts due hereunder or in enforcing any provision hero. The liability of the undersigned guarantors under this guarantee shall be direct and not conditional or contingent upon the pursuit by K&K Supply of any remedies against any other person or entity. The undersigned guarantors hereby consent to jurisdiction in the Circuit Court of St. Louis County Missouri. This is a continuing guarantee extending to any and all indebtedness to K&K Supply including such indebtedness arising under successive transactions which may either continue indebtedness or from time to time, renew it after it is been satisfied.
Any and all questions should be directed to K&K Supply Inc 636-349-1141. By the signing of this agreement, applicant agrees that all information is true and correct. Applicant agrees to pay any collection costs incurred to collect the balance, including reasonably attorney fees.
IF CREDIT APPROVED TERMS NET 30 DAYS – 1 1/2% PER MONTH FINANCE CHARGE ON PAST DUE ACCOUNTS. THIS CONTRACT IS SUBJECT TO ALL THE TERMS AND CONDITIONS CONTAINED ON THE REVERSE SIDE HEREOF.
