Common use of ALTERNATIVE PAYMENT METHODS Clause in Contracts

ALTERNATIVE PAYMENT METHODS. If you know that for any reason we, or Parafin as servicer to your Loan, will be unable to process a payment automatically under the terms of this Agreement, you must either restore sufficient funds such that the missed payment can be collected, or promptly mail or deliver a check to us in the amount of the missed payment or, if offered, make the missed payment by any arrangements that Parafin as servicer may make available from time to time. If you send payments by postal mail, then you agree to send such payments to Parafin, Inc. ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 1500 San Francisco, CA 91405, Attn: Loan Servicing Department. All alternative payments must be made in good funds by check, money order, wire transfer, automatic transfer from an account at an institution offering such service, or other instrument in U.S. Dollars. You understand and agree that payments made at any other address than as specified by us may result in a delay in processing and/or crediting. If you make an alternative payment on your Loan by mail or by any other service that we, or Parafin, may make available, we may treat such payment as an additional payment and at our discretion continue to process your payments in the normal course of this Agreement or we may reduce any scheduled payment by the amount of any such additional payment received.