Terms of Service

Last Updated June 24, 2019

Please carefully read these terms of service before using this website. By accessing this website or using Sakura's services, you agree to be bound by (1) these Terms of Service, (2) the Sakura E-Sign Consent Agreement, (3) the Sakura Privacy Policy, and Privacy Notice, and (4) the Sakura Partner Bank Privacy Notice. If you do not agree with these terms, please do not access this website or use the Sakura service. The headings contained in this agreement are for reference purposes only.

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1. What is this Agreement?

1.1. This Agreement is a Contract.

These Terms of Service describe a contractual relationship (this "Agreement") between you ("you" or "your") and Sakura Credit, Inc. (including its subsidiaries, affiliates, agents, and assigns) ("Sakura," "we," "us," "our"), regarding your use of this website (the "Website"), your use of any other service(s) offered through the Website, and your access to your Sakura account and the services provided through the Website (collectively, the "Sakura Service(s)" or "Service(s)").  This Website and the Services are being provided to you expressly subject to this Agreement. By accessing, browsing and/or using this Website, you acknowledge that you have read, understood, and agree to be bound by the terms of this Agreement and to comply with all applicable laws and regulations.

1.2. Changes to this Agreement.

We reserve the right to amend this Agreement at any time and will notify you of any such changes by posting the revised Agreement on the Website. All changes shall be effective upon posting, provided, however, such changes will not impose additional obligations on you for actions you took before the change became effective. Your continued use of the Website after any change to this Agreement constitutes your agreement to be bound by the updated Agreement for any actions taken after such posting. We may terminate, suspend, change, or restrict access to all or any part of this Website without notice or liability.

1.3. Your Eligibility for the Services.

Use of the Services is void where prohibited. By using the Services, you represent, warrant and covenant that (a) all information you submit through this Website is truthful and accurate; (b) you will maintain the accuracy of such information; (c) you are 18 years of age or older; and (d) your use of the Services does not violate any applicable law or regulation to which you are subject. Your profile may be deleted and your account may be terminated without warning at any time, if we believe, in our sole discretion, that you have violated any of the above terms.

2. What Services does Sakura Provide?

2.1. Tools We May Offer.

We may from time to time offer you the ability to access certain software tools. Examples of such tools may include financial calculators, customized financial analyses, payment reminders, dashboards with information about your business, and other similar services. Unless we indicate otherwise, these tools will be provided free of charge and are provided exclusively for your personal use.

2.2. Limitations on and use of Tools.

You agree that we may modify the tools or cease making them available to you at any time without notice. We have no obligation to continue to make any particular tool available to you or to do so without charge. If we modify a tool or cease to make a tool available to you, you understand that you may lose access to any information that you may have supplied in connection with your use of the tool and have no rights to obtain such information from us. There may be times when a tool we offer is unavailable or not properly functioning, and you agree that we have no liability to you if this occurs or in connection with the use or performance of the tools generally. You understand that some tools or some tool functionality may only be available to consumers who have relationships with certain lenders, service providers or financial institutions or who have certain financial products. If you do not have such relationships or products, you understand that you may not be eligible to use a tool or all of its functionality. You agree that we may use information we gather through the tools to market other products and/or services to you, including those of third parties.

2.3. Third Party Providers.

We may rely on third party providers to assist us in making a tool or other Service available to you. By linking your bank or other account to a tool or Service, you authorize us and our third party providers to access your account information on your behalf, and to gather information about you. You give us and our third party providers a limited power of attorney, and appoint us and our third party providers as your true and lawful attorney-in-fact and agent to act on your behalf and access, transmit, and use your information as necessary to provide the tools and other Services. You agree to the transfer, storage, and processing of your information by these third party providers in accordance with their respective privacy policies. We have no liability to you for any damages you may suffer as a result of any such third party's actions or inactions or from the use of any inaccurate account information.  You agree that the terms and conditions of this Agreement, inure to the benefit of such third party providers and such third party providers are deemed to be third party beneficiaries of this Agreement. You also agree that all references to us within this Agreement are also deemed to include, where applicable, our agents, such as the third party providers.

2.3.1 Dwolla as a Payment Provider

In order to use the payment functionality of our Service , you must open a "Dwolla Platform" account provided by Dwolla, Inc. and you must accept the Dwolla Terms of Service and Privacy Policy. Any funds held in the Dwolla account are held by Dwolla's financial institution partners as set out in the Dwolla Terms of Service. You authorize us to share your identity and account data with Dwolla for the purposes of opening and supporting your Dwolla account, and you are responsible for the accuracy and completeness of that data. You understand that you will access and manage your Dwolla account through our application, and Dwolla account notifications will be sent by us, not Dwolla.  We will provide customer support for your Dwolla account activity, and can be reached at our contact details at the end of this notice.

2.4. Tools are Provided for Informational Purposes Only.

Financial information provided through the tools is provided for informational purposes only and not a substitute for individualized professional advice. We do not provide “credit services” or“credit repair” services as defined under federal or state law.  We do not advise or assist you with“rebuilding” or “improving” your credit. The tools are not intended to provide financial, legal or tax advice, and we are not a financial planner, broker or tax advisor. The tools are intended only to provide general assistance in organizing your finances. Before making any financial decisions or implementing any strategy, you should consider obtaining additional information and advice from your financial advisers who are fully aware of your individual circumstances.

2.5. Accuracy, Reliability and Timeliness ofInformation: YOUR USE OF THE TOOLS IS AT YOUR SOLE RISK. INFORMATION PROVIDED THROUGH THE TOOLS IS ON AN “AS IS” AND “AS AVAILABLE” BASIS FOR INFORMATIONAL PURPOSES ONLY. WE MAKE NO WARRANTY OR REPRESENTATION THAT THE TOOLS WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS, ORBE UNINTERRUPTED, TIMELY, SECURE, ACCURATE OR RELIABLE.

3. How does Sakura Provide its Services?

3.1. Collecting Information About You.

By using the Sakura Services, you authorize Sakura, directly or through third parties, to make any inquiries we consider necessary to validate your identity and to collect information about you in accordance with the Customer Identification Program (CIP) rules implementing Section 326 of the USA PATRIOT Act and our Privacy Policy. This may include asking you for further information that will allow us to reasonably identify you, requiring you to take steps to confirm ownership of your email address or financial instruments, or verifying your information against third party databases or through other sources. We may also ask you for identifying documents to help us validate your identity. Sakura reserves the right at any time to close, suspend, or limit access to your account and/or the Services in the event we are unable to obtain or verify this information.

3.2. Credit Report Authorization and Reporting.

You expressly authorize the Partner Bank and Sakura to obtain consumer reports from consumer reporting agencies about you (1) when you apply for a loan, (2) periodically throughout the term of your loan (including in the month following the month when you pay off or otherwise satisfy the loan) and (3) periodically in connection with any other services you may obtain from us. You expressly authorize us to use the information that we obtain from such reports to, among other things, market refinancings and Sakura's current and future products and services to you (both during and after the term of your loan and the term of any other services you may obtain from us), provide you with other services that you may request, make decisions related to the servicing and collection of your account, measure how the loan you obtained from us impacts your credit, perform other statistical analysis, and share information with you about your credit profile.You understand that Sakura may report information about your loan (such as on-time, late, and missed payments; any defaults; and the fact you paid off your loan) to credit reporting agencies.

3.3. Collection.

You agree to allow Sakura to send you payment reminders from time-to-time. Notwithstanding whether you have consented or withdrawn your consent to the Sakura E-Sign Consent, you agree that payment reminders may take the form of any available communication. You also agree that if you fail to pay an amount owed to Sakura pursuant to this Agreement, Sakura may engage in collection efforts to recover such amounts from you. These collection efforts may involve contacting you directly, submitting your information to a collections agency, or taking legal action.

3.4. Communication & Notification.

You agree that Sakura may provide you communications about your account and the Sakura Service electronically or through phone calls or in writing. Standard mobile, message, or data rates may apply and you are responsible for any such fees. Sakura reserves the right to close or limit access to your account and immediately collect all due amounts if you withdraw your consent to receive electronic or other communications or if you revoke access to any third party site on which the Sakura Service relies. Any electronic communications will be considered to be received by you at the time we email it to you or otherwise send it to your attention (such as via SMS or other online or mobile notification).

If we need to contact you to service your account or to collect amounts you owe to us, you give direct consent to us, as well as servicers, agents, contractors and collectors of your account, to communicate with you in any way, such as calling, texting, or email via:

- a mobile phone or landline you provide to us, use to contact us, or at which we believe we can reach you (even if it is not yours),
- any email address you provide to us or one of our merchants,
- automated dialer systems and automatic telephone dialing systems,
- pre-recorded or artificial voice messages and other forms of communications.

You also agree that these communications are not unsolicited for purposes of any state or federal law, and you understand that this may result in additional mobile, text message, or data charges.

You understand and agree that Sakura may, without further notice or warning and in our discretion, monitor or record telephone conversations you or anyone acting on your behalf has with Sakura or its agents for quality control and training purposes or for its own protection. You acknowledge and understand that, while your communications with Sakura may be overheard, monitored, or recorded without further notice or warning, not all telephone lines or calls may be recorded by Sakura, and Sakura does not guarantee that recordings of any particular telephone calls will be retained or retrievable.Notwithstanding this provision, Sakura's delivery of any Disclosures governed by the Sakura E-Sign Consent shall be governed by your consent or withdrawal of consent to receiving such Disclosures in electronic form.

3.5. Cancelling Transactions.

Sakura may choose not to provide service to you at any time or for any reason. Sakura may cancel transactions at any time before a Merchant delivers any goods or services if you violate any term of this Agreement.

3.6. Working with Third Parties.

If you grant express permission to a third party to take specific actions on your behalf, or access particular information about your account, either through your use of the third party's product or service or through your Sakura account or Services, you acknowledge that Sakura may disclose the information about your account that is authorized by you to this third party. You also acknowledge that granting permission to a third party to take specific actions on your behalf does not relieve you of any of your responsibilities under this Agreement. Further, you acknowledge and agree that you will not hold Sakura responsible for any liability arising from the actions or inactions of this third party in connection with the permissions you grant.

3.7. Links to Other Websites.

Links to non-Sakura websites are provided solely as pointers to information on topics that may be useful to users of the Services, and Sakura has no control over the content on such non-Sakura websites. Sakura makes no warranties concerning the content of such websites, including the accuracy, completeness, reliability of said websites, nor does Sakura warrant that such website or content is free from any claims of copyright, trademark or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination. If you choose to follow a link to a website not controlled by Sakura, you do so at your own risk. Sakura does not guarantee the authenticity of documents on the Internet. Links to non-Sakura websites do not imply any endorsement of or responsibility for the opinions, ideas, products, information or services offered at such sites, or any representation regarding the content at such websites.

4. What are your Obligations

4.1. Agreement to Provide Accurate Information.

When you provide information to Sakura or in connection with the Sakura Services, you agree to provide only true, accurate, current and complete information and you agree not to misrepresent your identity or your account information. You further agree to keep your account information up to date and accurate.  You acknowledge that Sakura will be relying on any information that you provide.

4.2. User Responsible for Communication Fees.

If you use the Sakura Services, you are responsible for any fees or other amounts that your phone service provider charges, such as fees for SMS, data services, and any other fees that your phone service provider may charge.

4.3. Repayment Methods.

You may use one of the acceptable methods of payment to make one-time transactions to pay your account as payments become due or you may set up automatic monthly account payments. Currently acceptable methods of payment are:

- Debit Card - Payments made by debit card will be subject to the terms and conditions established by the debit card issuer. If charges cannot be processed through your debit card, or if your bank draft or electronic funds transfer is returned for insufficient funds, you will be responsible for any fees incurred and Sakura will have no liability with respect thereto.
- ACH Transfer - You may pay your account balance by authorizing an Automated Clearing House (ACH) transaction from your bank account.
- Check - You may pay your account balance by writing a check payable to the order of: Sakura Credit, Inc. Please send all checks to: Sakura Credit, Inc., 576 Sacramento Street, 3rd floor, San Francisco, CA 94111.

4.4. Access to Your Account.

You are responsible for maintaining the secrecy of the login credentials to your Sakura account. You agree to establish reasonable security procedures and controls to limit access to your password or other identifying information to authorized individuals, which includes choosing passwords and other credentials in a manner that will protect the security of your information.

4.5. Website Content.

The information on the Sakura website is for information purposes only. It is believed to be reliable, but Sakura does not make any promises as to its completeness, timeliness or accuracy. The information and materials contained in the Website, and in this Agreement, are subject to change without notice.

Access to the Services may from time to time be unavailable, delayed, limited or slowed due to, among other things:

- servers, networks, hardware failure (including your own computer), telecommunication lines and connections, and other electronic and mechanical equipment;
- software failure, including among other things, bugs, errors, viruses, configuration problems, incompatibility of systems, utilities or applications, the operation of firewalls or screening programs, unreadable codes, or irregularities within particular documents or other content;
- overload of system capacities;
- damage caused by severe weather, earthquakes, wars, insurrection, riots, civil commotion, act of God, accident, fire, water damage, explosion, mechanical breakdown or natural disasters;
- interruption of power supplies or other utility of service; strike or other stoppage of labor;
- governmental or regulatory restrictions, exchange rulings, court or tribunal orders or other human intervention; or
- any other cause (whether similar or dissimilar to any of the foregoing) whatsoever beyond the control of Sakura.

If access to this Website is unavailable, delayed, or limited, or if this Website does not operate quickly and efficiently, you may be unable to complete your application or transmit your instructions for transactions and other matters, or such application or instructions may not be promptly executed or you may be unable to retrieve information on a timely basis. If your operations are dependent on such communications with us, and such communications are disrupted or delayed, you may suffer losses. You agree that we will not be liable for any such losses.

4.6. Closing Your Account.

You may request to close your account at any time by contacting us at support@sakuracredit.com. Your request may take up to 30 business days to process. Upon account closure, we will cancel pending transactions unless otherwise legally prohibited. If you owe any payment, Sakura will not close your account until that payment has been made, but we may limit your ability to make additional transactions using your account. You will remain liable for all obligations related to your account even after the account is closed. Sakura will retain your information in accordance with our Privacy Policy and any applicable state or federal law, rule or regulation.

Sakura may close your account if you do not log in to your account or use the Sakura Services for more than a year. Sakura will retain your information in accordance with Section 3.7 above.

4.7. Feedback That You Provide.

If you submit comments, ideas, or feedback to us, you agree that we can use them without any restriction or compensation to you. If we accept your submission, we do not waive any rights to use similar or related ideas or feedback previously known to us, developed by our employees, or obtained from sources other than you.

By using the Sakura Services, you agree that:

- You will not engage in any activities related to the Services that violate any applicable law, statute, regulation, or ordinance or breach this Agreement or any other agreement or policy you have with Sakura;
- You will not provide false, inaccurate or misleading information;
- You will not use the Services to purchase: Illegal items or conduct any illegal activities or transactions; Ammunition, firearms, certain firearm parts or accessories, and certain weapons or knives regulated under applicable law; Narcotics, steroids, controlled substances, quasi-pharmaceuticals, or drug paraphernalia; Currency in any form, including virtual and digital currency; Stolen goods, including but not limited to, digital or virtual goods; or a good or service deemed unacceptable by Sakura or its bank partner(s), in their sole discretion;
- You will not use any device, software, routine, file or other tool or technology, including but not limited to any viruses, trojan horses, worms, time bombs or cancelbots, intended to damage or interfere with the Services or to surreptitiously intercept or expropriate any system, data or personal information from the Services;
- Unless otherwise expressly permitted by Sakura, you will not use the Services for the purpose of payment for an existing loan(s);
- You will not use the Services to accomplish a cash advance, wire or money transfer;
- You will not commit unauthorized use of Sakura's Website and systems including but not limited to unauthorized entry into Sakura's systems, misuse of passwords, or misuse of any information posted to a site; and
- You will not take any action that imposes an unreasonable or disproportionately large load on our infrastructure, including but not limited to denial of service attacks, "spam" or any other such unsolicited overload technique.

5. How are Disputes Resolved

5.1. Disputes involving Sakura.

If a dispute arises between you and Sakura, our goal is to provide you with a neutral and cost-effective means of resolving the dispute quickly. In the event of a dispute we encourage you first to contact Sakura at support@sakuracredit.com to try resolving your problem directly with us.

5.2. Mandatory Arbitration.

THIS SECTION AFFECTS YOUR RIGHTS, PLEASE READ CAREFULLY BEFORE AGREEING TO THESE TERMS OF SERVICE BY USING THE SAKURA SERVICE OR THE WEBSITE. Except as explicitly provided in this Agreement, any dispute or claim relating in any way to your visit to the Website, your use of the Sakura Services, a product offered or provided by or through the Website or Service, or otherwise arising out of or relating to this Agreement or the Services that cannot be resolved directly between you and Sakura shall be resolved by non-appearance based binding arbitration, rather than in court. Except as otherwise provided in this Agreement, this includes any claims based in contract, statute, tort, fraud, misrepresentation or any other legal theory. The Federal Arbitration Act and federal arbitration law apply to this Agreement. There is no judge or jury in arbitration and court review of an arbitration award is limited, but an arbitrator can award an individual the same damages and relief as a court and must apply and follow the terms of this Agreement as a court would. YOU UNDERSTAND THAT ABSENT THIS PROVISION, YOU WOULD HAVE THE RIGHT TO SUE IN COURT AND HAVE A JURY TRIAL.

Either you or we can initiate arbitration through the alternative dispute resolution provider the American Arbitration Association (the "AAA") under its Commercial Arbitration Rules. Your arbitration fees and your share of arbitrator compensation shall be governed by the AAA rules. If such costs are determined by the arbitrator to be excessive, Sakura will pay all arbitration fees and expenses.  If you have any questions concerning the AAA or would like to obtain a copy of the AAA arbitration rules, you may call 1(855) 891-2885 or visit the AAA’s web site at: www.adr.org.

The arbitration shall be conducted by telephone or electronic means and/or shall be solely based on written submissions, the specific manner of which shall be chosen by the party initiating the arbitration. The arbitration shall not involve any personal appearance by the parties or witnesses unless the arbitrator determines that an in-person hearing is necessary based on the request of one of the parties and any judgment on the award rendered by the arbitrator shall be final and may be entered in any court of competent jurisdiction. You and Sakura each agree that any dispute resolution proceedings will be conducted only on an individual basis and not in a class, consolidated or representative action. If for any reason a claim proceeds in court rather than in arbitration, we each waive any right to a jury trial and agree to proceed only on an individual basis and not in a class, consolidated, or representative action. The parties hereby appoint the arbitrator the exclusive power to rule on any challenges to the requirement for the use of alternative dispute resolution process in these terms.

We also both agree that you or we may bring suit in court to obtain interim or preliminary injunctive relief necessary to protect the rights or property of you or Sakura and all of its partners. Except as explicitly provided elsewhere in this Agreement, all claims you bring against Sakura must be resolved in accordance with this Section. Any claim filed or brought contrary to this Section shall be considered improperly filed.

You may opt out of this Arbitration Provision by sending an arbitration opt out notice to Sakura Credit, Inc., 576 Sacramento Street, 3rd floor, San Francisco, CA 94111, Attention: Legal Department, which is received at the specified address within 30 days of the date of your electronic acceptance of the terms of this Agreement. The opt out notice must clearly state that you are rejecting arbitration; identify the Agreement to which it applies by date; provide your name, address, and social security number; and be signed by you.

5.3. Restrictions.

You and Sakura agree that any arbitration shall be limited to the dispute between Sakura and you individually. To the fullest extent permitted by law, (1) no arbitration shall be joined with any other; (2) there is no right or authority for any dispute to be arbitrated on a class-action basis or to utilize class action procedures; and (3) there is no right or authority for any dispute to be brought in a purported representative capacity on behalf of the general public or any other persons.

5.4. Exceptions to Informal Negotiations and Arbitration.

You and Sakura agree that the following disputes are not subject to the above provisions concerning informal negotiations and binding arbitration: (1) any disputes seeking to enforce or protect, or concerning the validity of, any of your or Sakura's intellectual property rights; and (2) any claim for injunctive relief.

6. Other Matters

6.1. Operations.

Sakura operates and controls the Services from its offices in the United States. Sakura makes no representation that the Services are appropriate or available in other locations. The information provided on the Services is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject Sakura to any registration requirement within such jurisdiction or country. Accordingly, those persons who choose to access the Services from other locations do so on their own initiative and are solely responsible for compliance with local laws, if and to the extent local laws are applicable. Software from the Services may be subject to United States export controls. The privileges granted to you under these Terms of Service will terminate immediately and automatically without notice from Sakura if, in our sole discretion, you fail to comply with any term or provision of these Terms of Service. Neither the course of conduct between the parties nor trade practice will act to modify these Terms of Service.

You may not assign these Terms of Service without Sakura's prior written consent, but Sakura may assign these Terms of Service and its rights and obligations hereunder to any party at any time without any notice to you. No waiver by either party of any breach or default hereunder shall be deemed to be a waiver of any preceding or subsequent breach or default. The section headings used herein are for convenience only and shall not be given any legal import. Upon Sakura's request, you will furnish Sakura any documentation, substantiation or releases necessary to verify your compliance with these Terms of Service. You agree that these Terms of Service will not be construed against Sakura by virtue of having drafted them. You hereby waive any and all defenses you may have based on the electronic form of these Terms of Service and the lack of signing by the parties hereto to execute these Terms of Service.

6.2. Enforceability and Governing Law.

The failure of Sakura to exercise or enforce any right or provision of these Terms of Service does not constitute a waiver of such right or provision. These Terms of Service constitute the entire agreement between you and Sakura with regard to your use of the Sakura Services and any previous Terms of Service that may exist between you and Sakura is hereby superseded. These Terms of Service cannot be changed or modified by you except as posted on the Services by Sakura. If any provision of this Agreement is held to be unenforceable, the unenforceable term or provision shall be replaced by an enforceable term or provision that comes closest to the intention underlying the unenforceable term or provision and the remaining provisions shall be enforced. To the extent that anything in or associated with the Services is in conflict or inconsistent with this Agreement, this Agreement shall take precedence. The laws of the State of California govern your access to, and use of, the Services and the terms of this Agreement.

6.3. Intellectual Property.

All content, design, graphics, compilation, magnetic translation, digital conversion and other matters to the Services are protected under applicable copyrights, trademarks and other proprietary rights (including but not limited to intellectual property rights) and owned by Sakura. The copying, redistribution, use or publication by you of any part of the Services, unless expressly permitted in this Agreement, is strictly prohibited. Use of the Services does not give you ownership of any intellectual property rights in any of the content, documents or other materials you access. The posting of information or materials on the Services does not constitute a waiver of any right in such information and materials.

6.4. Trademark.

"Sakura" is the marketing name for certain financial services activities of Sakura as operator of the Services. "Sakura" is a trademark of Sakura. Other featured words or symbols may be the trademarks of their respective owners.

6.5. Indemnification.

You agree to indemnify and hold harmless Sakura from and against any and all claims, losses, expenses, demands or liabilities, including attorneys’ fees and costs, incurred by Sakura in connection with any claim by a third party (including any intellectual property claim) arising out of (i) materials and content you submit to, post to, or transmit through the Website, or (ii) your use of the Website in violation of this Agreement or in violation of any applicable law. You further agree that you will cooperate fully in the defense of any such claims. Sakura reserves the right, at their own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, and you shall not in any event settle any such claim or matter without the written consent of Sakura.

6.6. DISCLAIMER OF WARRANTY.

SAKURA AND ITS AFFILIATES MAKE NO COMMITMENTS OR WARRANTIES ABOUT (i) THE CONTENT, RELIABILITY, OR AVAILABILITY OF THE SERVICES OR FOR ANY BREACH OF SECURITY ASSOCIATED WITH THE TRANSMISSION OF SENSITIVE INFORMATION THROUGH THE SERVICES OR (ii) THE ACCURACY, RELIABILITY OR COMPLETENESS OF THE CONTENT ON THE WEBSITE, APP OR SERVICES. SAKURA AND ITS AFFILIATES DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF ANY KIND WITH RESPECT TO THE SERVICES, INCLUDING ANY WARRANTY REGARDING NON-INFRINGEMENT, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE. SAKURA AND ITS AFFILIATES SHALL NOT BE RESPONSIBLE FOR ANY SERVICE INTERRUPTIONS, INCLUDING, BUT NOT LIMITED TO, SYSTEM FAILURES OR OTHER INTERRUPTIONS THAT MAY AFFECT THE RECEIPT, PROCESSING, ACCEPTANCE, COMPLETION OR SETTLEMENT OF PAYMENT TRANSACTIONS OR THE SERVICES.

6.7. LIMITATION OF LIABILITY.

SAKURA AND ITS AFFILIATES HAVE NO LIABILITY WHATSOEVER FOR YOUR USE OF ANY PRODUCT AVAILABLE FROM OR THOUGH THE WEBSITE OR THE USE OF THE SERVICES. IN PARTICULAR, BUT NOT AS A LIMITATION THEREOF, SAKURA AND ITS AFFILIATES ARE NOT LIABLE FOR ANY COMPENSATORY, DIRECT, INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES (INCLUDING DAMAGES FOR LOSS OF BUSINESS, LOSS OF PROFITS, LITIGATION, OR THE LIKE), WHETHER BASED ON BREACH OF CONTRACT, BREACH OF WARRANTY, TORT, PRODUCT LIABILITY OR OTHERWISE; NOR ARE SAKURA AND ITS AFFILIATES LIABLE FOR ANY THIRD PARTY CLAIMS OF ANY NATURE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR CLAIMS. NONE OF THE SERVICES WOULD BE PROVIDED WITHOUT SUCH LIMITATIONS. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, YOU OBTAIN FROM US FROM OR THROUGH THE WEBSITE OR SERVICES SHALL CREATE ANY WARRANTY, REPRESENTATION OR GUARANTEE NOT EXPRESSLY STATED IN THIS AGREEMENT. NEITHER SAKURA NOR ITS AFFILIATES SHALL HAVE ANY LIABILITY FOR ANY FAILURE OR DELAY RESULTING FROM ANY CONDITION BEYOND THE REASONABLE CONTROL OF SUCH PARTY.

6.8. Statute of Limitations.

You and Sakura both agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Services, Terms of Service or Privacy Policy must be filed within one year after such claim or cause of action arose or be forever barred.

Sakura E-Sign Consent Agreement

This E-Sign Consent constitutes your consent to receive disclosures and other information in electronic form. In connection with the Sakura Services, Sakura and the Partner Bank and the lender of all loans, are required by law to provide you with certain disclosures. Without your consent, Sakura and the Partner Bank are not permitted to provide those disclosures to you online. If you do not consent to this E-Sign Consent, you should not use the Website or any Sakura Services.

1. Consumer Consent.

Before using the Sakura Services, you will be asked to consent to the Sakura Terms of Service by clicking “Create Account.” This action constitutes your electronic signature and manifests your consent and agreement to the following terms:

- Sakura and/or the Partner Bank may provide disclosures required by law relating to the Sakura Services and any other information about your legal rights and duties and your account to you electronically.
- Sakura and/or the Partner Bank may send any communications, billing statements, or required disclosures, such as initial and annual privacy notices (together, “Disclosures”) to you electronically via our website or to the email address or mobile telephone number that you have provided to us, either directly or indirectly via the merchant to whom [Partner Bank] will send funds on your behalf.
- Sakura and/or Partner Bank may notify you via email when the Disclosures are available. The Disclosures will be available for at least 30 days and will be provided to you in a format that can either be printed or downloaded for your records. Whenever we send you an email or text message regarding the Disclosures, that email or text message will contain instructions regarding how to view the Disclosures.
- Your electronic signature on agreements and documents has the same effect as if you signed them in ink.
- This consent applies to any transaction undertaken through the Services in the past, to all future disclosures and communications on your account, to all future transactions in which you use the Services, at any time, to any transaction with us, and to other Disclosures that we provide to you by email.

2. Minimum Requirements.

You understand that, in order to view and/or retain copies of the Disclosures, you may need a computer with an Internet connection (PCs should be running Windows 7 or higher and Internet Explorer 10 or higher, Chrome, or Firefox; Macs should be running OSX and Safari, Chrome, or Firefox), a valid email address, a working mobile telephone number that can receive text messages, and sufficient storage space to save Disclosures or the capability to print the Disclosures from the device on which you view them.

3. Withdrawing Consent.

You are free to withdraw your consent at any time. If at any time you wish to withdraw your consent, you can send us your request by submitting a request through the support@sakuracredit.com or writing to us at Sakura Credit, Inc., 576 Sacramento Street, 3rd floor, San Francisco, CA 94111. If you decide to withdraw your consent, the legal effectiveness, validity and/or enforceability of prior electronic Disclosures will not be affected and Sakura may close or limit access to your account. You agree to pay any amount owed to Sakura even if you withdraw your consent and we close or limit access to your account.

4. Legal Effect.

Your consent to this E-Sign Consent means that Disclosures that Sakura and the Partner Bank provide to you electronically shall have the same meaning and effect as if provided in paper form. A text message or email alerting you that Disclosures are available electronically, provided that the Disclosures are made available online shall have the same meaning and effect as if Sakura and the Partner Bank had provided those Disclosures to you in paper form, regardless of whether you actually view those Disclosures, unless you have withdrawn your consent pursuant to Section 3 above, prior to receiving such Disclosures.

5. Miscellaneous.

You agree that Sakura may modify or change the methods of disclosure described herein, and that Sakura and [Partner Bank] may send you Disclosures in paper form at their option. You can obtain a paper copy of an electronic Disclosure at no charge, provided that such request is made within a reasonable time after we first provided the electronic Disclosure to you. To request a paper copy of a Disclosure, contact Customer Care at 888-516-2369 or support@sakuracredit.com.You also agree that Sakura is not responsible for any delay or failure in your receipt of any text message or email notice that is not caused by Sakura’s failure to send such a notice to the phone number or email address you have provided for that purpose.

1. What is this Agreement?