Financial Freedom, It's a powerful dream - MBNA Canada
This is the other credit offer I received today.
I did a count and the sales portion of the page and it is 312 words long. The disclaimers and contract portion is 1158 words long!!
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MBNA P.O. Box 9657
Ottawa, ON K1G 6G1
Toll Free 1.877.728.3669
Start your journey to financial freedom
The sooner you call, the sooner you could be on your way to financial freedom.
Dear Monty Loree,
Financial Freedom, It's a powerful dream that everyone shares. And now it could finally come true for you.
Consolidate and Save on High-Interest Debt
Now you may be able to eliminate many of your high-rate debts and be on your way to becoming completely debt free. With the MBNA Personal Line Account, it doesn't make a difference how much you owe-$5,000, $10,000, even $50,000. It is the simple, practical way to help make the debt disappear.
And as you'd expect from MBNA, there are even more benefits that are available right away, such as no prepayment penalties or restrictions, no security needed, monthly statements to track your progress toward being debt free, and the ability to check your accounts online - 24 hours a day, 7 days a week.
Easy and convenient
Because it's so easy to apply, you could be on your way to becoming debt free sooner. The choice is yours - call now, mail in the application, or visit us online -- whichever is convenient for you. Please don't delay.
Your dream of becoming debt free may become a reality.
Yours Truly,
Brent Bishop
Senior Vice President of Marketing
MBNA
P.S. Visit us online at www.applyonlinenow.com/canada/save
Access to your Personal Line Account Starts here.
And, it's fast, easy, and one call away.
Call toll-free 1.877.SAVE.NOW (1.877.728.3669) and quote priority code BR6XXXXXXXX for immediate consideration, Monday - Thursday 8 a.m.-9 p.m., Friday 8 a.m. - 7 p.m. Eastern
See Reverse for important conditions to this offer.
APPLICATION BELOW ( NOT PRINTED HERE )
Disclaimer in small print on front page.
By submitting this application, I agree to the conditions on the reverse of this form. I consent to the collection, disclosure, use and processing of information about me by MBNA, its affiliates and any of their respective agents and service providers, and to the sharing or exchange of reports and information with credit reporting agencies, affiliates and service providers as set forth in the "Conditions" section on the reverse. I also acknowledge that the Account, if approved, will not be used by any third party other than a third party specifically designated by me, and then only in accordance with MBNA policies and procedures then in effect. By signing below, I also authorize MBNA, upon receipt and confirmation of relevant information, to process debits against my Account.
Applicant, Please Sign Here -->>
Disclaimer in small print on Reverse.
- MBNA may prohibit use of a Personal Line Account to pay off or pay down another MBNA account.
- Determination of maximum credit line is at MBNA's discretion and is subject to creditworthiness. The total value of Advances cannot exceed your authorized credit limit. If the value is greater, MBNA Canada may send a partial payment to the named creditor
- THERE WILL BE A TRANSACTION FEE EQUAL TO 3% OF THE DOLLAR AMOUNT OF ANY ADVANCE MADE WITH THIS ACCOUNT. A MINIMUM FEE OF $7.50 WILL APPLY. The applicable APR will be set by MBNA and will be based on the amount you borrow and the initial repayment period. Rates range between 5.99% to 17.99%.
- By telephoning to apply for an MBNA Personal Line Account, you acknowledge your agreement to the conditions set out below and elsewhere on this form. You consent to the collection, disclosure, use and processing of information about yourself by MBNA Canada, its affiliates and any of their respective agents and service providers, and to the sharing or exchange or reports and information with credit reporting agencies, affiliates, and service providers and set forth in the "Conditions" section below.
CONDITIONS
Offer valid for Canadian residents only. I (the applicant) certify that the information stated in this application is true and correct. I am at least 18 years old (19 years for residents of provinces where 19 is the minimum adult age). I request that you (MBNA Canada Bank) establish an MBNA Personal Line Account in my name, or such other account as you may approve ("Account"), and send me renewals, substitutes, or replacements issued at your discretion. In the event that MBNA Canada is not able to fulfill this request by offering me a Personal Line Account, I expressly authorize you to refer my application to a customer service representative who may contact me to discuss other consumer loan products that you may wish to make available to me.
I agree to comply with and be bound by the agreement relating to my Account that you send, as amended or replaced from time to time ("Agreement"). I agree that if I use my Account, it will mean that I have requested and accepted both the Account and Agreement, and that I understand and agree with you to everything written there and here. I will be responsible for all use of, and any interest, fees or other charges to, the Account. I also acknowledge that the Account, if approved, will not be used by any third party other than a third party specifically designated by me, and then only in accordance with MBNA policies and procedures then in effect. I consent to and authorize you, your affiliates, service providers and others you may designate to monitor and /or record my telephone conversations with any of your or their representatives to help ensure quality service.
I understand that to evaluate my credit application and to continue monitoring my credit status, as well as my ongoing eligibility for credit and for the purposes noted below, MBNA Canada, its affiliates and any of their respective agents and service providers will have access to personal information about me. "Personal Information" is any information relating to an individual which allows that individuals to be identified. MBNA Canada collects, discloses, uses and processes Personal Information to: (a) evaluate, monitor, maintain, service and collect any Account I may have with you, including disclosing or exchanging Personal Information with credit reporting agencies, to develop your relationship with me, and to offer financial products and services, including evaluating the needs, wants, and satisfaction levels of your customers and analyzing and managing your business; (b) administer services, monitor my purchases, transactions, and payments, and evaluate my Account eligibility, for the purposes set out herein; (c) verify my identify or that of any authorized user or co-applicant concerning the Account and maintain security measures aimed at the detection and prevention of fraudulent activity in relation to my Account; (d) compoly with legal and regulatory requirements; (e) if my Account is issued and serviced by MBNA on behalf of an endorsing financial institution, such as my local bank or credit union, to share all Personal Information collected by MBNA with such financial institution, including its agents and/or brokersp (f) promote and market products and services offered by MBNA, or by carefully selected companies, which are directly related to the Account (such as balance transfers and alternative payment methods),. including by means of direct marketing; and (g) promote and market products and services offered by selected companies (also known as secondary marketing), such as long distance or cellular service and credit insurance.
I may asked to be suppressed from offers under (f) and (g) at any time after my Account has been opened by Calling MBNA Canada at 1.866.845.0980, I will receive no offers under (f) and (g) for the first 30 days after opening of my Account to provide me the opportunity to make my privacy choice known to you. I understand that if I withdraw consent at any time to the evaluation of my credit application, to the monitoring of my credit status or my ongoing eligibility for credit, MBNA may no longer be able to maintain my credit Account.
MBNA will process my request within five (5) business days but I understand that it may take 90 days for full effect as marketing campaigns may already be in process. This will not limit information you provide to me in statements or when I contact you. If I provided my Social Insurance Number, MBNA will only use it to match credit reporting agency information and for security verification and account maintenance purposes. To access my Personal Information in your possession or make corrections to it, I may write to you at: MBNA Canada, Privacy Office, P.O. Box 9660, Station T, Ottawa, ON K1G 6M9.
In respect of MBNA agreeing to process debits against my bank account, I warrant and guarantee that all persons required to sign on a bank account authorized by me have signed this agreement. The debits will be processed at such times and in such amounts as I may authorize and are payments on my MBNA Personal Line Account. I may revoke this authorization at any time by giving not less than thirty (30) days notice to MBNA at the address provided in my agreement. I agree to be bound by the terms and conditions set out in the Pre-Authorized debt section of the Personal Line agreement, to be provided to me upon approval.
You and MBNA agree that if no box is checked, you have expressly requested that any agreement and related documents be drawn up in English.
MBNA, MBNA Canada Bank, and the MBNA logo are all registered trademarks of RA Card Services, N.A. used pursuant to licence by MBNA Canada Bank.
© 2007 MBNA
