ENTIRE BALANCE IS DUE BY THE 25TH OF THE MONTH.
ANY AMOUNT OF THEBALANCE
DUE UNPAID ON THE NEXT STATEMENT DATE SHALL BE SUBJECT TO AFINANCE CHARGE OF 1 1/2 % PER MONTH WHICH IS AN
ANNUAL PERCENTAGE RATE OF 18%
In case of errors or inquiries about your statement, send inquiries to:
The Federal Truth-in-Lending Act requires prompt
correction of billing mistakes.
you want to preserve your rights under the Act, here’s what to do if you think
wrong or if you need more information about an item on your bill
a.Do not write on the
billing statement or payment card. Instead, on a separate sheet of paper
write (you may telephone your inquiry, but doing so will not preserve
your rights under this law)
i. Your name and account number.
description of the error and an explanation (to the extent you can explain) why
believe it is an error.
If you only need more information, explain the item you are not sure
about and, if you wish,
for evidence of the charge such as a copy of your check. Do not send in your
of your check or other document unless you have a duplicate copy for
iii. The dollar
amount of the suspected error.
iv. Any other
information (be sure to include your address!) which you think will help us to
identify you or the reason for your complaint or inquiry.
B. Send your billing
error notice to the address listed above.
Mail it as soon as you can, but in any case, early enough to reach us
within 60 days after
the statement was mailed to you.
must acknowledge all letters pointing out possible errors within 30 days of
receipt, unless we
able to correct your statement during that 30 days. Within 90 days after
receiving your letter,
either correct the error or explain why we believe the statement was correct.
explained the statement, we have no further obligation to you even though you
that there is an error, except as provided in
paragraph 5 below.
After we have been notified, neither we nor our attorney nor any collection
agency may send you
collection letters or take other collection
action with respect to the amount in dispute; but Periodic
may be sent to you, and the disputed amount can be applied against your credit
You cannot be threatened with damage to your credit rating or sued for the
nor can the disputed amount be reported to a credit bureau or to other
until we have answered your inquiry. However, you remain obligated to pay the
statement not in dispute.
is determined that we have made a mistake on your statement, you will not have
to pay any
charges on any disputed amount. However, if it turns out that we have not made
will have to pay finance charges on the amount in dispute, and you will have to
make up any
minimum or required payments on the disputed amount. Unless you have agreed
correct, we must send you a written notification of what you owe, and if it is
did make a mistake in billing the disputed amount, you must be given the time
you normally are given to pay undisputed amounts before any more finance
charges or late
charges on the disputed amount can be charged to you.
5. If our explanation does not satisfy you and you
notify us in writing within 10 days after you receive
explanation that you still refuse to pay the disputed amount, we may report you
and other creditors and may pursue regular collection procedures. But we must
that you think you do not owe the money,
and we must let you know to whom such reports were
Once the matter has been settled between you and us, we must notify those to
you as delinquent of the subsequent resolution.
we do not follow these rules, we are not allowed to collect the first $50 of
the disputed amount
finance charges thereon, even if the statement turns out to be correct.