Common use of Auto-Repayment Date Clause in Contracts

Auto-Repayment Date. You must select an available repayment date between 15 to 30 days from the date you get the Varo Advance. When you request a Varo Advance, a list of available repayment dates will be presented to you. Once a repayment date is selected, it cannot be changed or extended. Each time you get a Varo Advance, you agree to pay us the full amount due along with the fee, as shown in your periodic statement. Any payment received before 2:30 AM Eastern Time will be credited as of the previous date of receipt. You may choose to repay anytime on or before the Payment Due Date.

Auto-Repayment Date. You must select an available repayment date between 15 to 30 days from the date you get the Varo Advance. When you request a Varo Advance, a list of available repayment dates will be presented to you. Once a repayment date is selected, it cannot be changed or extended. Each time you get a Varo Advance, you agree to pay us the full amount due along with the fee, as shown in your periodic statement. Any payment received before 2:30 AM Eastern Time will be credited as of the previous date of receipt. You may choose to repay anytime on or before the Payment Due Date.