Replace Your University – Deferred Payment Membership
Agreement
By signing or clicking below, you agree to this Membership Agreement, as well as our
Terms of Service and Privacy Policy located at replaceyouruniversity.com.
1. Membership Overview
This Agreement (“Agreement”) is entered into between Replace Your University (“RYU”), a division of Lush Legacy, LLC, and the undersigned client (“Client”). RYU provides educational resources and general coaching support to assist clients in understanding and applying financial strategies related to the use of Lines of Credit (“LOC”), Home Equity Lines of Credit (“HELOC”), and similar tools. RYU is not a lending institution and does not originate loans or extend credit.
2. Payment Terms
Program Cost: $9,997 USD
Deposit: Client agrees to pay a $1,000 refundable deposit at the time of enrollment. This deposit secures Client’s access to RYU’s onboarding and educational materials for a period of fourteen (14) days.
Refund Period: The $1,000 deposit is refundable if Client cancels in writing within fourteen (14) calendar days of the date of this Agreement.
Balloon Payment: The remaining balance of $8,997 is due and payable in full on the earlier of:
• One hundred twenty (120) days from the date of this Agreement; or
• The date the Client obtains any qualifying Line of Credit (personal, first lien, or second lien).
Payment Authorization: Client authorizes RYU to automatically charge the payment method on file for the remaining $8,997 balance upon reaching either of the above milestones, unless otherwise agreed to in writing.
3. Default, Collections, and Legal Remedies
If Client fails to remit the $8,997 payment when due:• The unpaid balance shall be considered in default after five (5) business days of nonpayment.
RYU reserves the right to:
◦ Suspend access to educational materials and coaching services,
◦ Submit the unpaid balance to collections, and/or
◦ Pursue all available legal remedies for recovery of the amount owed, including court costs, interest, attorney’s fees, and collection agency fees.
Interest on Late Payments: Any outstanding balance shall accrue interest at 1.5% per month (18% annualized) or the maximum amount permitted by law, whichever is less, beginning on the 6th day following the due date.
Client acknowledges that failure to pay the remaining balance constitutes breach of contract, and that RYU is entitled to recover all reasonable costs associated with collection.
4. No Guarantee of Financing Approval
Client understands that RYU does not guarantee approval for any LOC, HELOC, or other financial product. RYU does not perform credit checks or act as a lender. All loan decisions are made by third-party institutions.
Client agrees to hold harmless RYU, its affiliates, officers, employees, and partners for any non-qualification or denial of financing.
5. Educational Support
RYU agrees to:
• Provide online educational materials and general support on strategies related to debt reduction and financial leverage through LOC-based tools;
• Recommend or introduce banks that may offer suitable products;
• Assign a Client Success Manager to support the educational process.
Client acknowledges responsibility for evaluating recommendations and taking independent financial or legal advice.
6. Refund Policy
The $1,000 deposit is refundable within 14 calendar days of signing this Agreement.
• After 14 days, the deposit becomes non-refundable.
• The remaining $8,997 is not refundable once charged, except at RYU’s sole discretion in cases of documented denial of all qualifying LOC attempts and full cooperation with RYU’s guidance within 12 months.
Refund requests must be submitted in writing to [email protected].
Refunds may be subject to a $300 processing deduction for merchant and administrative costs.
7. Limitation of Liability
To the fullest extent permitted by law, RYU and its affiliates shall not be liable for any direct or indirect damages, including but not limited to loss of profits, investment opportunities, or financing outcomes. Total liability under this Agreement shall not exceed the amount paid by the Client.
8. Confidentiality
RYU agrees to maintain the confidentiality of all Client information and will not disclose or sell Client data to any third party except as required by law.
9. Governing Law and Venue
This Agreement shall be governed by and construed in accordance with the laws of the State of Tennessee, without regard to conflict-of-law principles. Any disputes shall be brought exclusively in the state or federal courts located in Williamson County, Tennessee.
10. Entire Agreement
This document constitutes the entire understanding between RYU and Client. No oral representations or modifications shall be binding unless in writing and signed by both parties.
11. Client Acknowledgment
By signing below, the Client acknowledges that they have read, understood, and agreed to the terms of this Agreement, including the payment schedule and collection provisions.
