Enrison LLC Account Reporting Description:
Business Information: Enrison LLC specializes in business consulting and financial strategies.
Account Types: Enrison LLC reports two types of accounts: lines of credit and personal loans.
All accounts are unsecured.
Consumer Information Collected: When opening an account, Enrison LLC collects the following personal information from consumers:
- Name
- Phone number
- Email address
- Home address
- Social Security Number (SSN)
- Date of Birth (DOB)
- Identification Number (ID#)
- Two referencesEmployment information
Identity Verification: Consumer identity is verified through a copy of their ID and a utility bill or check stub.
Credit Terms:
Credit Limits: $15,000 to $25,000
Interest Rates: No interest is charged on these accounts.
Fees: A late payment fee of $50 is assessed if a payment is 7 calendar days late. There are no annual fees.
Repayment Terms:
Minimum Payment: $100 per month
Early Repayment Penalties: None
Missed Payments: If a payment is missed, it will be reported to the credit bureau as 30 days late once it reaches 30 days overdue.
Reporting to Credit Bureaus: Account activity is reported to credit bureaus monthly.
The specific information reported includes:
- Credit limit
- Account remaining balance
- Payment history
- Date opened
- Status (open, closed, or in default)
Consumer Benefits: There are no rewards points, cashback, or other benefits associated with these accounts.
Consumer Obligations: Consumers are required to maintain their account balance and due date and ensure their payments are received by Enrison LLC. Payments can be made via electronic payment methods only, and no cash payments are accepted.
Account Management: Consumers can manage their accounts through an online portal. Customer support is available via email.
Additional Terms and Conditions:
- Purchases and payments can only be made online.
- No refunds are provided.
- Payments are due regardless of whether the consumer uses the services in whole, in part, or not at all during the current month.
- The contract cannot be canceled.