Terms and Conditions

TERMS AND CONDITIONS

How the BUYRIGHT membership works

We will begin processing your application and one time membership fee once you have completed our online application. Your BUYRIGHT account will be created and given a status of pending until your application and membership fee have been fully processed.

Once your account is activated you will be mailed a welcome package that will include your new BUYRIGHT Platinum Membership and instructions on how to best utilize your new line of credit.

All purchases will require a down payment BEFORE shipment occurs. The remainder of your purchase amount will be charged to your BUYRIGHT account. Gift certificates may not be used toward the required down payment amount.

If you have a balance on your account at the end of the month, we will automatically apply any gift certificate amount to the minimum amount due. If your gift certificate does not cover the minimum amount due, you will be billed for the remainder of the minimum amount due on your account.

You will receive a monthly statement in the mail or you may choose to have your statements sent to you by email.

ANNUAL PERCENTAGE RATE FOR PURCHASES

0.0%

GRACE PERIOD FOR REPAYMENT OF BALANCES FOR PURCHASES

N/A

METHOD ON COMPUTING BALANCE FOR PURCHASES

N/A

FEES FOR ISSUANCE OF CREDIT AND GIFT CERTIFICATE

Membership Acceptance fee: $195.95 (One Time Fee).
Gift Certificate of $200.00 will be issued

MINIMUM FINANCE CHARGE

N/A

FEES FOR PAYING LATE OR EXCEEDING THE CREDIT

LINE Late Fee: $20.00 each time payment is late
Over Limit Fee: $20.00 each month balance exceeds credit limit.

Other Fees:
Returned Check Fee:$20.00;
Minimum Payment: $10.00 or 5% of your resulting credit balance after purchase is made, whichever is higher. Minimum payments are due each month on or before the date indicated on your statement.

GENERAL:

This Agreement ("Agreement") governs the use of your BuyRight Platinum Membership account (your "Account"). Please read and keep this Agreement for your records. In this Agreement and in your billing statement ("Statement"), "we", "us", and "our" refer to BuyRight and iBusinesses.com, LLC, 106 Park Place, 2nd Floor, Covington, LA 70433, our assignees, or other holders of this Agreement or your Account. "You" and "your" refer to all persons who are approved by us to use the Account. "Card" refers to your BuyRight Platinum Membership. The effective date ("Effective Date") of this Agreement will be the date you submit an Account application that is approved by us.

You may use your Card to make Purchases on credit from time to time under your Account, up to any credit limit we may establish for your Account (your "Credit Limit"). ALL PURCHASES REQUIRE A DOWN PAYMENT. The balance may then be charged to the credit card account established by BuyRight.com providing your account is good standing and has sufficient credit available. The gift certificate provided with the membership package is for use on the BuyRight Membership account balances only, and may not be used for any required down payment. Down payment may be made only by check or certified funds.

You certify that you are at least 18 years of age and all information given to us in order to obtain this membership account is true and correct. You understand that, as a new member, your account is being issued with No Credit Check, or Investigations and will not accrue any interest charges. As a result of this, you will be required to make a down payment towards your merchandise purchases (between 25-50%) from BuyRight authorized catalogs and web site until you have demonstrated that you will make the minimum monthly payments in a timely manner. You may request, at any time, that a reduced down payment status be considered. We will consider your requests and notify you in writing of any down payment reduction. Your continued activity and on-time payments to your account may entitle you to further down payment reductions until you reach a no down payment status. You understand that as part of the application and approval process to determine eligibility for accelerated reduced down payments, you may be subject to a credit check and may be asked to provide additional information about myself at the time you submit the completed application.

CHARGE PURCHASES AND MONTHLY BILLING:

You will be billed for the minimum amount due each month for charges made to your account. Your account must be maintained on a current basis to make additional credit purchases.

APPLICATION OF PAYMENTS RECEIVED:

Payments received will be applied first to any unpaid late fees or returned check fees, then to any unpaid balances. Payments are applied toward purchases in the same order they were made, older purchases first.

MINIMUM MONTHLY PAYMENT:

The minimum monthly payment which must be paid every month that there is an outstanding balance is figured by finding the greater of $10 or 5% of the Account Balance owed immediately following any purchase made to your Account. THE MINIMUM MONTHLY PAYMENT DOES NOT AUTOMATICALLY REDUCE AS YOUR ACCOUNT BALANCE REDUCES. Should your new balance be less than $10.00, the payment due will be the amount of the new Balance.

PROMISE TO PAY:

When you submit your Application for this Account, you agree to be bound by this Agreement. You promise to pay us for all credit that we extend on your Account for purchases (including mail, Internet, catalog and phone orders, if any) of goods or services ("Purchase(s)") and all other amounts owed to us under the terms of this Agreement. All payments must be received on or before the due date indicated on the billing statement, or a $20 late fee will be assessed and your account will be considered delinquent.

TERMINATION/CHANGE IN TERMS:

You may at any time terminate this Agreement. We may, at any time and subject to applicable law: (a) terminate this Agreement; (b) terminate your right to make future Purchases; (c) change your Credit Limit; or (d) change or delete any term or condition of, or add new terms to, this Agreement relating to your Account. Unless prohibited by applicable law, we may apply any changed or new terms to any outstanding balance of your Account on the effective date of the change and to any future balances created after that date. When required by applicable law, we will mail a notice of any change(s) or addition(s) to you. Upon any termination of this Agreement you will continue to be obligated to pay all amounts owing under, and to otherwise perform the terms and conditions of, this Agreement.

DEFAULT:

Subject to the limitations of applicable law, we may declare that you are in default under this Agreement if you (a) fail to make at least the Minimum Payment when due; (b) violate any other term of this Agreement; or (c) become the subject of a bankruptcy or insolvency proceeding. After your default or your death, and subject to the limitations of applicable law, we have the right to: (i) reduce your Credit Limit; (ii) terminate your Account, in which case the terms of this Agreement will apply until full payment is received of the amount owing on your Account; (iii) require immediate payment of your entire Account balance, including all fees and other charges listed in this Agreement; (iv) bring an action to collect all amounts owed; and (v) take any action allowed by law. If, after your default, we refer your Account for collection to an attorney who is not our salaried employee, we may, to the extent permitted by applicable law, charge and collect from you our collection costs, including court costs and reasonable attorneys' fees.

NO WAIVER BY US:

We reserve the right, at any time and in our sole discretion, not to impose part or all of any fee or other amount imposed pursuant to this Agreement or not to exercise any of our other rights under this Agreement and, should we do so, we will not waive our right to impose such fee or other amount or exercise the right as set forth in this Agreement in the future. Without limiting the foregoing, we may, at our option: (a) accept late or partial payments or checks or money orders marked "payment in full" or tendered with other conditions or limitations, (b) agree to extend the due date of any payment due under this Agreement for any length of time, (c) release any security interest we have in connection with this Agreement, and/or (d) release any other person responsible under this Agreement, without notifying you and without releasing you from your obligation to pay all amounts owing under this Agreement in full, or to otherwise perform the terms and conditions of this Agreement.

CHANGE OF ADDRESS:

You agree to notify us promptly if you change your address. Until we are notified that your address has changed, we will continue to send Statements and other notices to the last address we maintained on your Account. You agree that when we are notified that you have a new address, the terms of this Agreement specifically applicable to the residents of your new state of residence will apply to the entire balance of your Account. If your Account is a joint Account, each of you appoints the other(s) as your agent to designate the address to which the Statement (and any other notices) may be sent to you by us.

REFUND OF CARD MEMBERSHIP PACKAGE:

You have thirty (30) days from the date you receive your BuyRight Platinum Membership Package to return it for a refund of the one-time membership fee. To receive a refund of the membership fee, you must return the entire BuyRight Platinum Membership Package via certified mail to: BuyRight.com, 106 Park Place, 2nd Floor, Covington, LA 70433. No refunds will be given if: (1) we receive your returned membership package in our office after the thirty (30) day period as stated above; (2) you utilize any portion of the membership package, or its products or services; (3) if your package is returned to us as being refused. NOTE: If you have made a charge to your credit account and request a refund of your platinum membership fee all within the thirty (30) day period, any unpaid balance owed to your account will be deducted from the refund amount you will receive. IMPORTANT: Merchandise return policy and instructions are explained in the product catalogs and/or the BuyRight Platinum Membership Package.

CANCELLATION OF ACCOUNT:

BuyRight, at its sole discretion, may cancel this Agreement, and may demand payment in full of the entire balance due if you default on this contract and after compliance with applicable law. The cancellation of your Account by BuyRight, will in no way affect your liability for credit previously granted.

NOTICES:

By responding to this offer you are authorizing us to obtain credit reports about you, both now and in the future, for any legitimate business purpose associated with the account or request for an account, including but not limited to reviewing, modifying, renewing or collection on your account. We have the right to change or amend the terms of this agreement, including changes that affect existing balances, finance charges, or APRs. Any changed or amended fee, charge, interest rate, finance charge, APR, or minimum payment amount, whether increased or decreased, shall be effective to both the outstanding account balance and future transactions.

STATE NOTICES:

CALIFORNIA RESIDENTS:
A married applicant may apply for a separate account. As required by law, you are hereby notified that a negative credit reporting reflecting on your credit record may be submitted to a credit reporting agency if you fail to fulfill the terms of your credit obligations. After credit application, each applicant shall have the right to use the credit line account up to the limit of the account. Each applicant may be liable for amounts extended under the plan to any joint applicant.

KENTUCKY RESIDENTS:
You may pay the unpaid balance of your account in whole or in part at any time.

FLORIDA RESIDENTS:
You (borrower) agree that, should we obtain a judgment against you, a portion or your disposable earnings may be attached or garnished (paid to us by your employer), as provided by Florida and Federal law.

MAINE RESIDENTS:
We may request a consumer report in connection with your request for a credit line increase or to be considered for any additional BuyRight.com credit Products. You may ask whether we obtained a consumer report and we will tell you the name of address of the consumer-reporting agency, if a report was obtained.

NEW YORK RESIDENTS:
Consumer reports may be requested in connection with the processing of this application and any resulting account. Upon your request, we will inform you of the names and addresses of any consumer reporting agencies which have provided us with such reports. New York residents may contact the New York State Banking Department to obtain a comparative list of credit card rates fees and grace periods. New York State Banking Department, 1-800-518-8866.

OHIO RESIDENTS:
The Ohio laws against discrimination requires that all creditors make credit equally available to all credit worthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance to this law.

WISCONSIN RESIDENTS:
No agreement, unilateral statement or court decree relating to marital property adversely affects a creditor's interest unless prior to the time credit is granted the creditor is furnished a copy of the agreement, statement or decree, or has actual knowledge of the adverse position.