Common Contracts
1 similar Change Agreement contracts
Payment Due Date Change AgreementChange Agreement • October 8th, 2020
You have asked for a payment due date change and Consumers Alliance Processing Corporation (CAPC) wants you to fully understand the guidelines that are involved, both from you, as well as your creditors. Upon first enrolling in your debt management program, a due date was agreed upon between your creditors and CAPC, as soon as a proposal was accepted. By signing this agreement, you are acknowledging that this change may cause your payments to be received by your creditors late, or past the 30-day payment cycle. A result of a late payment, should your due date not coincide with your agreed upon date, you may experience; fees to be assessed to your account, negative remarks on your credit (remember, CAPC itself does not report to any bureaus) and this may cause you to be dropped from your debt consolidation plan with your creditors. In the event that you are dropped from the program, CAPC will attempt to renegotiate with your creditors. But, please understand that not all creditors may b
