Truth in Lending Disclosures

Annual percentage rate
The cost of your credit as a yearly rate.
Finance charge
The dollar amount the credit will cost you.
Amount financed
The amount of credit provided to you or on your behalf.
Total of payments
The amount you will have paid when you have made all scheduled payments.

Late payment
You will not be charged any fees for late payments.

Prepayment
If you pay early, in full or in part, you will not have to pay a penalty.

Terms. Refer to the terms and conditions of your Loan Agreement for information about nonpayment, default, and our right to accelerate amounts due under this loan.

1. Promise to Pay. For value received from The Bancorp Bank, N.A., a national bank located in Sioux Falls, South Dakota (“Bancorp,” or “you”), “I” or “me” (the borrower identified in the Truth in Lending Disclosure shown above) promise to pay to the order of Bancorp or any subsequent holder or assignee of this Note, the principal sum of BLANK, together with interest thereon commencing on the date that funds are issued to me at the rate of BLANK per annum simple interest.
   I ACKNOWLEDGE THAT I HAVE READ AND AGREE TO BE BOUND BY THE AGREEMENT TO ARBITRATE ALL CLAIMS DESCRIBED IN SECTION 17 BELOW UNLESS I HAVE REJECTED THE PROVISION AS PROVIDED IN SECTION 17 OR UNLESS I AM A COVERED BORROWER DESCRIBED IN SECTION 7.
   By completing and submitting my loan application, I am requesting a loan based on the terms described in this Note. I understand that I am not bound by the terms and conditions set forth in this Note until you have funded a loan. If you decide to make a loan to me, I agree to be bound by the terms of this Note.
2. Payments. This Note is payable in monthly installments in the amounts and by the due dates shown in the Payment Schedule above until the final payment date as provided in the Payment Schedule, which is the maturity date of this Note. If, for example, the payment due date typically is on the 29th, 30th, or 31st of the month, but a month does not have a 29th, 30th, or 31st day, then the monthly payment will be due on the last day of the month in which the payment was due unless otherwise notified in writing (“Due Date”). The final payment will consist of the then-remaining principal, unpaid accrued interest and other charges due under this Note. All payments will be applied first to any interest then due and then to principal. No unpaid interest or other charges will be added to principal. Payments received before 11:59 PM Mountain Standard Time will be credited the day they are received. Payments received after that time will be credited the next day.
3. Interest. Interest will accrue on the outstanding balance of the loan on a daily simple interest basis at the interest rate shown above based on the number of days outstanding and a year consisting of 360 days. Accrued interest however will not exceed the amount shown as the Finance Charge in the Truth in Lending Disclosure shown above. Because of the accrual of interest, and whether I make payments before or after the Due Date, my final payment amount may be different than the amount originally scheduled. The interest rate I will pay will be the rate I will pay both before and after any default unless and until my loan is charged off.
4. Members of the Armed Forces. Federal law provides important protection to members of the Armed Forces and their dependents relating to the extension of consumer credit. In general, the cost of consumer credit to a member of the Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must include, as applicable to the credit transaction or account: The costs associated with credit insurance premiums; fees for ancillary products sold in connection with the credit transaction; any application fee charged (other than certain application fees for specified credit transactions or accounts); and any participation fee charged (other than certain participation fees for a credit card account). To hear this same disclosure and for a general description of your payment obligations for this loan, call the following toll-free number 1-844-244-6363.
5. Proceeds. I agree that the proceeds of my loan paid to me will be paid via an electronic fund transfer into my Checking Account with you or another bank with which Chime Financial, Inc. partners (“Account” and “Bank Partner,” respectively). I understand that if another Bank holds my Account, that Bank Partner may deduct the amount of any SpotMe® overdraft from my loan proceeds after they are deposited in my Account. You are not responsible for the actions of the other Bank Partner that holds my Account. I also understand that any obligation I owe you will be deducted from the principal amount of my loan to pay that obligation as shown in the Itemization of the Amount Financed shown above. I acknowledge that the timeliness of crediting any proceeds to my Account is dependent on the accuracy of the information I provide, when I complete all loan origination activities, and prompt crediting by the Bank Partner holding my Account.
6. Method of Payment. I agree to pay the principal, periodic interest, and any fees on this Note when due. I will make my Note payments by authorizing electronic fund transfers (“EFTs”) that are debited from my designated deposit account. You have given me the choice of making my monthly payments: (i) by submitting an Authorization for Recurring Electronic Payments that directs you to initiate EFT debits to my designated deposit account automatically each month; or (ii) by authorizing a one-time EFT debit payment each month from my designated deposit account. If you are unable to debit my account as scheduled, I understand and agree that you may reinitiate the debit to my designated deposit account. All written communications concerning disputed amounts must be marked for special handling and mailed or delivered to us in care of Chime Capital, LLC (“CCL”), PO Box 417, San Francisco, CA 94104-0417.
7. Waiver of Defenses. Except as otherwise provided in this Note or as required by applicable law, you are not responsible or liable to me for the quality, safety, legality, or any other aspect of any property or services purchased with the proceeds of my loan. If I have a dispute with any person from whom I have purchased such property or services, I agree to settle the dispute directly with that person. Notwithstanding the foregoing, this Section 7 shall not apply to the extent (1) I am a Covered Borrower under the Military Lending Act, 10 U.S.C § 987 and (2) this Section 7 would waive a right to legal recourse that I have under federal, state, or other applicable law.
8. Loan Purpose. I agree that the proceeds of this loan are not intended to be applied (i) in whole or in part to postsecondary educational expenses (i.e., tuition, fees, required equipment or supplies, room and board, or other miscellaneous personal expenses incurred while I am studying) at a college/university/vocational school, as the term “postsecondary educational expenses” is defined in Regulation Z, 12 C.F.R. § 1026.46 (b) (3), or (ii) for any home purchase or refinance.
9. Default and Remedies. Subject to the limitations of applicable state law and any right to notice and to cure under applicable state law, I will be deemed in default (each, an “Event of Default”) of my obligations under this Note if I: (i) fail to pay timely any amount due under this Note; (ii) file or have instituted against me any bankruptcy or insolvency proceedings or make any assignment for the benefit of creditors; (iii) die; (iv) commit fraud or make any material misrepresentation in this Note or in my loan application; or (v) fail to abide by the terms of this Note. Upon the occurrence of an Event of Default, you may exercise all remedies available to you under applicable law. If I am in default on my loan, I understand that my right to access products or services including the SpotMe overdraft feature, MyPay, and any credit or loan product, if otherwise available, may be limited by you or another Bank Partner. I also agree that you may exercise your right of setoff against any of my accounts that you hold if I am in default. You reserve the right to report loan payment delinquencies of 30 days or longer to one or more consumer reporting agencies in accordance with applicable law. I acknowledge these may be reflected in my credit report. I agree to pay all costs of collecting any delinquent payments, including reasonable attorneys’ fees, to the greatest extent not prohibited by applicable law.
   You do not have to give me advance notice that you are demanding or intend to demand immediate payment of all that I owe.
10. Prepayments; Partial Payments; Forbearance. I may prepay this Note in full or in part at any time without penalty. If I prepay this Note by making a payment or partial prepayment prior to the due date of any scheduled installment, I understand this will not postpone the date that my scheduled installments are due, but agree that you may treat my partial prepayment as an early payment of part or all of the amount I am otherwise required to pay on the scheduled dates, including any accrued interest charges. Unless you indicate otherwise, I agree to continue to make regularly scheduled payments until all amounts due under this Note are paid. Further, I understand I may request forbearance in accordance with your reasonable procedures and requirements, and the decision to grant my request for forbearance shall be solely at your discretion. During any period of forbearance, my regularly scheduled payments of principal and interest on my loan may be deferred to the extent permitted by applicable law. Except as described above, I understand that I will remain responsible for all interest accruing during any period of forbearance. I understand that any periods of forbearance may increase my monthly payments during my loan term or, in limited cases, may extend my repayment period unless prohibited by applicable law.
11. Waivers. Even if, at a time when I am in default, you do not require me to pay immediately in full, you will still have the right to do so if I am in default at a later time. Neither your failure to exercise any of your rights, nor your delay in enforcing or exercising any of your rights, will waive those rights. Furthermore, if you waive any right under this Note on one occasion, that waiver will not operate as a waiver as to any other occasion. Subject to applicable laws, unless I am a “covered borrower” under the Military Lending Act, 10 U.S.C § 987, I waive presentment, notice of dishonor, protest, and all other demands and notices in connection with the delivery, acceptance, performance, or enforcement of this Note.
12. Assignment. I am not allowed to assign any of my obligations under this Note without your written permission. I understand that you do not have to give me permission. I agree that you may assign or transfer this Note or any of your rights to another person or entity. You may take these actions without notice or consent from me. Any sale or transfer of my Note does not affect my rights and duties under this Note.
13. Registration. You and I appoint CCL to act as a non-fiduciary agent. CCL will keep at its offices an electronic register of any transfer, assignment or sale of this Note (“Register”). The names and address of any person entitled to payments on my Note will be recorded in the Register. Any assignment, participation or transfer of this Note or any of its rights shall be registered in the Register and only if CCL receives a signed assignment or similar agreement in a reasonably acceptable form. You and I agree that beneficial ownership of all payments under my Note as reflected in the Register will be conclusive. CCL will give me notice of a change in ownership of my Note reflected in the Register if required by law. CCL will also give me notice if I pay by check and the transfer of ownership of my Note changes the address to which I must make payments. Upon written request to CCL, the name of the owner in the Register shall be available to me. This Section is intended to result in this Note being maintained at all times in “registered form” as defined by U.S. Treasury Regulations Section 1.871-14(c) and Sections 163(f), 871(h) and 881(c) of the Internal Revenue Code of 1986, as amended, and will be interpreted and applied in a way that is consistent with these laws.
14. Electronic Communications; Notices; Contacting You. When I opened my Account, I expressly agreed to receive electronically all communications, agreements, documents, notices, and disclosures (collectively, “Communications”) that you provide in connection with this Note and servicing by CCL of my payment obligations under this Note. All Communications sent to me by email to my registered email address or posted on chime.com or in the Chime Financial, Inc. mobile application (“Mobile App”) is deemed to have been duly given and effective upon transmission or when they were posted. I agree that you (including any other owner or servicer of my loan) may contact me for any lawful reason, including for the collection of amounts owed to you. No such contact will be deemed unsolicited. You may contact me at such addresses or numbers (including mobile phone and landline numbers) as I may provide to you from time to time and you may use any means of communication, including regular postal mail, electronic mail, telephone, text message or other technology, to reach me. I agree that you may use automatic dialing and announcing devices which may play recorded messages. I represent that I have the authority to provide this consent because I am either the subscriber of the telephone number(s) or the customary user of each of the telephone numbers that I have provided to you who has the authority to provide consent. I also provide this consent to any agent, service provider, vendor, or collection agency acting on your behalf. I may contact you at any time to ask that you not contact me using any one or more methods or technologies. I acknowledge that communications from you may contain sensitive, confidential, and collections-related communications. If my information changes, such as my email address, my mailing address or my telephone number, I agree to notify you promptly of the change.
    I can contact you by logging into the Mobile App. I may contact you by calling (844) 244-6363 Monday through Sunday, 24 hours a day or by writing via regular postal mail care of Chime Capital LLC at PO Box 417, San Francisco, CA 94104-0417.
15. Credit Reporting; Inaccurate Information. I understand that you may report information about my loan to one or more consumer reporting agencies. I understand that late payments, missed payments, or other defaults on my loan may be reflected in my credit report. If I believe you have information about me that is inaccurate or that you have reported or may report inaccurate information about me to a credit bureau, I will notify you of the specific information that I believe is inaccurate by writing to you care of Chime Capital LLC, PO Box 417, San Francisco, CA 94104-0417. In doing so, I will identify the inaccurate information and tell you why I believe it is incorrect. If I have a copy of the credit report that includes the inaccurate information, I will send a copy of that report to you as well.
16. Governing Law; Miscellaneous. I understand that Bancorp is an FDIC-insured depository institution located in South Dakota. Consequently, the provisions of this Note will be governed by federal law and (to the extent not preempted by federal law) the laws of the State of South Dakota, without regard to conflict of law rules. However, if I am a resident of Colorado when I sign this Note, then the provisions of this Note will be governed by federal law and (to the extent not preempted by federal law, including with respect to the terms of this Note relating to interest) the laws of the State of Colorado without regard to conflict of law rules, except as noted above. Without limiting the foregoing, all terms of this Note relating to interest, as that term is defined under applicable federal law, including but not limited to periodic interest shall be governed by federal law and the laws of the State of South Dakota. Section 17 (Complaints; Disputes; Arbitration Agreement) is governed by the Federal Arbitration Act, and not by any state law concerning arbitration. If any provision of this Note cannot be enforced, the remaining provisions of this Note will stay in effect. No amendment of this Note will be valid unless in writing and signed by both you and me. This Note represents the entire agreement between you and me regarding my loan.
17. Complaints; Disputes; Arbitration Agreement.
    NOTICE: IF I AM A COVERED BORROWER UNDER THE MILITARY LENDING ACT, 10 U.S.C. § 987, THE FOLLOWING ARBITRATION PROVISION DOES NOT APPLY TO ME.
    Any claim, dispute, or controversy (“Claim”) arising out of or relating in any way to this Note or any extension of credit set forth in this Note, no matter how described, pleaded or styled, shall be FINALLY and EXCLUSIVELY resolved by binding individual arbitration conducted by the American Arbitration Association (“AAA”) under its Consumer Arbitration Rules. This arbitration agreement is made pursuant to a transaction involving interstate commerce, and shall be governed by the Federal Arbitration Act (9 U.S.C. 1-16).
    You will pay the initial filing fee to commence arbitration and any arbitration hearing that I attend shall take place in the federal judicial district of my residence.
    ARBITRATION OF MY CLAIM IS MANDATORY AND BINDING. NEITHER PARTY WILL HAVE THE RIGHT TO LITIGATE THAT CLAIM THROUGH A COURT. IN ARBITRATION, NEITHER PARTY WILL HAVE THE RIGHT TO A JURY TRIAL OR TO ENGAGE IN DISCOVERY, EXCEPT AS PROVIDED FOR IN THE AAA CODE OF PROCEDURE.
    For a copy of the procedures, to file a Claim or for other information about this organization, contact it at: AAA, 335 Madison Avenue, New York, NY 10017, or at www.adr.org.
    All determinations as to the scope, interpretation, enforceability and validity of this Agreement shall be made final exclusively by the arbitrator, which award shall be binding and final. Judgment on the arbitration award may be entered in any court having jurisdiction.
    NO CLASS ACTION, OR OTHER REPRESENTATIVE ACTION OR PRIVATE ATTORNEY GENERAL ACTION OR JOINDER OR CONSOLIDATION OF ANY CLAIM WITH A CLAIM OF ANOTHER PERSON OR CLASS OF CLAIMANTS SHALL BE ALLOWABLE.
    This arbitration provision shall survive: i) the termination of the Agreement; ii) the bankruptcy of any party; iii) any transfer, sale or assignment of my Note, or any amounts owed on my Note, to any other person or entity; or iv) repayment pursuant to this Note. If any portion of this arbitration provision is deemed invalid or unenforceable, the remaining portions shall remain in force.
    IF YOU DO NOT AGREE TO THE TERMS OF THIS ARBITRATION AGREEMENT, DO NOT ACCEPT THE LOAN. CALL 1-844-244-6363 TO WITHDRAW YOUR REQUEST FOR THE LOAN.
18. NO WARRANTIES; LIMITATION ON LIABILITY. EXCEPT AS EXPRESSLY SET FORTH IN THIS NOTE, I UNDERSTAND YOU HAVE MADE NO REPRESENTATIONS OR WARRANTIES TO ME, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. IN NO EVENT WILL YOU BE LIABLE TO ME FOR ANY LOST PROFITS OR SPECIAL, EXEMPLARY, CONSEQUENTIAL OR PUNITIVE DAMAGES, EVEN IF I INFORM YOU OF THE POSSIBILITY OF SUCH DAMAGES. FURTHERMORE, I UNDERSTAND YOU MAKE NO REPRESENTATION OR WARRANTY TO ME REGARDING THE EFFECT THAT THE NOTE MAY HAVE UPON MY FOREIGN, FEDERAL, STATE OR LOCAL TAX LIABILITY.
19. Entire Agreement. The loan application, and loan disclosures are incorporated into this Note by reference. This Note represents the entire agreement between Bancorp and me.
20. Miscellaneous. To the greatest extent not prohibited by applicable law, I am liable to you for your legal costs if you refer collection of my loan to a lawyer who is not your salaried employee. These costs may include reasonable attorneys’ fees as well as costs and expenses of any legal action. If a law that applies to my loan and sets maximum loan charges is finally interpreted so that the interest or other loan charges collected or to be collected in connection with my loan exceed the permitted limits then: (a) any such loan charge will be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from me that exceeded permitted limits will be refunded to me. You may choose to make this refund by reducing the principal I owe under this Note or by making a direct payment to me. No provision of this Note may be modified or limited except by a written agreement signed by both you and me. The unenforceability of any provision of this Note will not affect the enforceability or validity of any other provision of this Note.
21. Covered Military Borrowers. If I am a “covered borrower,” as defined under 32 C.F.R. § 232.3(g)(1) the Military Lending Act, 10 U.S.C. § 987, as amended, I agree that (i) the provisions of Section 17 (Complaints; Disputes; Arbitration Agreement), (ii) any waiver of right to legal recourse under any state or federal law (including but not limited to the waiver of defenses under Section 7 and the waiver of presentment, notice of dishonor, protest and all other demands and notices otherwise applicable under Section 11), and (iii) any other provision in this Note that is not enforceable against me under the Military Lending Act, do not apply to me.
22. State Eligibility. You must live in one of the following states to be eligible for the loan pursuant to this Note: Alaska, Alabama, Arizona, Arkansas, California, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, or West Virginia.
23. State Law Notices. Each of the following notices apply only to the residents of the states indicated. For purposes of this Section only, “you,” “me,” or “your” means the borrower and “us,” “we,” or “our” means Bancorp.
    For California Residents: As required by law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations.
    For Florida Residents: Florida documentary stamp tax required by law in the amount of BLANK has been paid or will be paid directly to the Department of Revenue. Certificate of Registration #58-8019249258-7 .
    For Georgia Residents: Chime acts as an installment loan servicer and: (a) shall act with reasonable skill, care, and diligence; (b) shall not charge fees for handling borrower disputes, facilitating routine borrower collections, arranging repayment plans, sending borrowers notice of nonpayment, and updating records to reinstate an installment loan; and (c) shall have an error resolution process for all borrowers, which must, at a minimum: (1) acknowledge receipt of a borrower’s notice of error within 10 business days of receipt, (2) conduct a reasonable investigation, and (3) within 45 days, provide a borrower with a written notification of (i) the correction of error, or (ii) the determination that no error occurred and the reason for such determination.
    The provisions of this Agreement regarding the payment of reasonable attorneys’ fees, actual court costs, and other costs of collection incurred by you as the result of a default do not apply to me.
    For Kansas Residents: NOTICE TO CONSUMER: 1. Do not sign this agreement before you read it. 2. You are entitled to a copy of this agreement. 3. You may prepay the unpaid balance at any time without penalty.
    For Missouri Residents: Oral or unexecuted agreements or commitments to loan money, extend credit or to forbear from enforcing repayment of a debt including promises to extend or renew such debt are not enforceable. To protect you (borrower(s)) and us (creditor) from misunderstanding or disappointment, any agreements we reach covering such matters are contained in this writing, which is the complete and exclusive statement of the agreement between us, except as we may later agree in writing to modify it.
    For New Hampshire Residents: This Loan Agreement provides for reasonable attorneys’ fees to be awarded to us in an action against you involving this Loan Agreement. Reasonable attorney’s fees will be awarded to you if you prevail in any action, suit or proceeding brought by us; or an action brought by you. If you successfully assert a partial defense or set-off, recoupment or counterclaim to an action brought by us the court may withhold from us the entire amount or such portion of the attorney fees as the court considers equitable.
    For Nebraska Residents: A credit agreement must be in writing to be enforceable under Nebraska law. To protect you and us from any misunderstandings or disappointments, any contract, promise, undertaking, or offer to forbear repayment of money or to make any other financial accommodation in connection with this loan of money or grant or extension of credit, or any amendment of, cancellation of, waiver of, or substitution for any or all of the terms or provisions of any instrument or document executed in connection with this loan of money or grant or extension of credit, must be in writing to be effective.
    North Carolina Residents: The State of North Carolina has not reviewed and does not approve, recommend, endorse or sponsor any loan brokerage contract. The information contained in this disclosure has not been verified by the State. If you have any questions see an attorney before you sign a contract or agreement.
    Texas Residents Only: Lender does not have to give you notice that Lender is demanding or intends to demand immediate payment of all that you owe. This written loan agreement represents the final agreement between the parties and may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties. There are no unwritten oral agreements between the parties.
    For Utah Residents: As required by Utah law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations.
    This written agreement is a final expression of the agreement between you and us and the written agreement may not be contradicted by evidence of any alleged oral agreement.

By signing this Note electronically, I acknowledge that I (i) have read and understand all terms and conditions of this Note, (ii) agree to the terms set forth herein, and (iii) acknowledge receipt of a completely filled-in copy of this Note. I understand this Note is executed in, and loan proceeds are distributed from South Dakota.

NOTICE TO CUSTOMER: (a) DO NOT SIGN THIS BEFORE YOU READ THE WRITING ON THE PRECEDING PAGES, EVEN IF OTHERWISE ADVISED. (b) DO NOT SIGN THIS IF IT CONTAINS ANY BLANK SPACES. (c) YOU ARE ENTITLED TO AN EXACT COPY OF ANY AGREEMENT YOU SIGN. (d) YOU HAVE THE RIGHT AT ANY TIME TO PAY IN ADVANCE THE UNPAID BALANCE DUE UNDER THIS AGREEMENT AND YOU MAY BE ENTITLED TO A PARTIAL REFUND OF THE FINANCE CHARGE.

CAUTION – IT IS IMPORTANT THAT YOU THOROUGHLY READ THE CONTRACT BEFORE YOU SIGN IT.

Date:

By:BLANK
(Signed Electronically)