Sample Partial Preview COMPANY NAME INSTALLMENT SALES AGREEMENT Company Name Address City State Zip Phone Number Annual Percentage Rate (the cost of your credit as a yearly rate): 18.676% 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 (amount you will have paid after you have made all payments as scheduled) $____________ Total Sale Price $_______ (the total cost of your purchase on credit, including your down payment of $_______) Number of Payments: 24 Amount of Payments: $10.00 When Payments Are Due: Monthly beginning 1 month after later of date of contract or date of delivery or installation. INSTALLMENT CONTRACT This is a contract between you (the “Customer”) and COMPANY NAME a Michigan limited liability company (“COMPANY NAME”), for the purchase of ________________________________________________________________________ 1. Purchase Price. Customer agrees to pay a purchase price of $______________ for (description of item(s) purchase) 2. Payment Terms. COMPANY NAME will charge and Customer will pay interest at the rate of 18.676% per annum on the unpaid balance of the purchase price commencing on the later of the date of this Contract or the date on which the CPE is delivered or installed (the “Start Date”). Customer shall pay the purchase price in twenty-four (24) monthly installments of Ten Dollars ($10.00), commencing one month from the Start Date. If Customer authorizes COMPANY NAME to charge monthly installments to a credit card, no additional notice or consent will be required for billings to the credit card. 3. Late and NSF Fees. In the event that any monthly installment is not received within ten (10) days of its due date, COMPANY NAME will charge and Customer will pay a delinquency and collection charge of Ten Dollars ($10.00). In the event that any check tendered by Customer is returned for insufficient funds or any credit card transaction is declined, COMPANY NAME may assess a fee of Twenty-Five Dollars ($25.00) to Customer. | 
Instantly
