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I agree and understand that a finance charge of 1.5% per month will be charged on any past due balances of 30 days or more. I agree and understand that in the event these amounts are not paid in full within 60 days from the date on which the same become due, GMCO Corporation may assign the same for collection. I agree to pay all costs including reasonable attorney’s fees necessary to collect the same. I acknowledge and agree that any transactions between GMCO Corporation and me will be governed by and construed in accordance with the substantive laws of the States of Arizona, Colorado, Idaho, Nebraska, New Mexico, Texas, Utah, Washington, and Wyoming.
Notwithstanding anything to the contrary, GMCO Corporation may at any time in its sole discretion, without notice or demand, refuse to ship or deliver products to any customer. GMCO Corporation may declare the entire balance of any account immediately due and payable if such account becomes past due. Further, GMCO Corporation may require any customer to pay cash in advance or may deny further credit for service or product if a condition occurs in which GMCO Corporation’s opinion could affect any customer’s ability to meet payment obligations. I guarantee the above information is true and accurate to the best of my knowledge and belief. I further authorize my creditors listed above to disclose to GMCO Corporation any and all information they may have gathered or constructed concerning my financial position and dealings, including cash flow budgets, financial statements, payment history, credit ratings, etc.
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