Provision record
Loom · Loom Terms of Service · View original document ↗

Credit Card Billing for Renewals and Overages

Medium severity High confidence Explicit document language Unique · 0 of 352 platforms
Stay ahead of the changes
Track Loom and get the diff the day its terms change.
Share 𝕏 Share in Share 🔒 PDF
Document Record

What it is

Where a Customer's initial Order is paid by credit card or similar online payment method, the agreement authorizes Atlassian to charge that same payment method for subsequent renewals, new orders, usage overages, expenses, and unpaid fees without requiring a separate payment authorization for each transaction.

ⓘ

This analysis describes what Loom's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

This provision authorizes recurring charges to a stored payment method across multiple billing events, including scope-of-use overages that may not be individually pre-approved by Customer, creating a financial exposure if usage exceeds purchased entitlements.

Consumer impact (what this means for users)

Under this clause, a credit card provided for an initial Order may be charged for automatic renewals, additional orders, scope-of-use overages, and unpaid fees as they arise under the Agreement.

Cross-platform context

See how other platforms handle Credit Card Billing for Renewals and Overages and similar clauses.

Compare across platforms →
▸ View Original Clause Language DOCUMENT RECORD
"
If Customer uses a credit card or similar online payment method for its initial Order, then Atlassian may bill that payment method for renewals, additional Orders, overages to scopes of use, expenses, and unpaid fees, as applicable.

Excerpt from Loom's Terms of Service

ConductAtlas Analysis

Institutional analysis (regulatory & governance intelligence)

1.

Insight

Unlock the full institutional analysis

Enforcement risk, jurisdiction flags, contract triggers, and due diligence action items.

Applicable agencies

  • Federal Trade Commission (ftc)
    Oversees unfair or deceptive business practices and can investigate companies that mislead consumers about data collection, sharing, or use.
    Who can file: Anyone affected by the company's practices (US or international)
    What you need: Your account details, a timeline of relevant events, and a description of the specific issue
    What to expect: Complaints inform FTC enforcement priorities and investigations but do not result in individual resolution or compensation
    File a complaint →

Provision details

Document information
Document
Loom Terms of Service
Entity
Loom
Document last updated
May 5, 2026
Tracking information
First tracked
July 12, 2026
Last verified
July 12, 2026
Record ID
CA-P-074262
Document ID
CA-D-00564
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
f441c251830514f5a83e3398d892d775169e50249827f7ae34338762e14fe90c
Analysis generated
July 12, 2026 15:04 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Loom
Document: Loom Terms of Service
Record ID: CA-P-074262
Captured: 2026-07-12 15:04:00 UTC
SHA-256: f441c251830514f5…
URL: https://conductatlas.com/platform/loom/loom-terms-of-service/provision/CA-P-074262/credit-card-billing-for-renewals-and-overages/
Accessed: Sept. 26, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

Other risks in this policy

Get the research letter

Companies change their terms quietly. We read every version and catch what actually changed. One email a week on the changes that matter and what they mean.

Frequently Asked Questions

What does Loom's Credit Card Billing for Renewals and Overages clause do?

This provision authorizes recurring charges to a stored payment method across multiple billing events, including scope-of-use overages that may not be individually pre-approved by Customer, creating a financial exposure if usage exceeds purchased entitlements.

How does this clause affect you?

Under this clause, a credit card provided for an initial Order may be charged for automatic renewals, additional orders, scope-of-use overages, and unpaid fees as they arise under the Agreement.

Is ConductAtlas affiliated with Loom?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Loom.