Special Promotional Credit Plan (48) Additional Disclosure

 

The Annual Percentage Rate (in Quebec, the Credit Rate) appearing in your Retail Purchase and Credit Agreement (“Cardholder Agreement”) has been reduced to a Special Promotional Credit Plan APR of 16.99% for a promotional period of 48 months from the date of this purchase1 for this purchase only (“Special Promo”).  For all other purchases, the APR disclosed in your Cardholder Agreement shall apply unless such purchases are subject to a special promotional credit plan APR. The Monthly Payment due for your Special Promo is 2.90%2 of the original purchase amount financed under this Special Promo. The remaining terms and conditions of Section 5 of your Cardholder Agreement are unamended.  This Special Promo is subject to the terms and conditions as outlined in your Cardholder Agreement. Other purchases not associated with this Special Promo will be subject to the APR disclosed in your Cardholder Agreement. 

 

1

If your purchase amount is:

*Your monthly interest charge will be:

               $1,000

$14.15

               $1,500

$21.23

               $2,000

$28.31

               $2,500

$35.39

*Assumes a Special Promotional Credit Plan balance owing and no other Credit Plans, fees, additional payments or other charges. All dollar amounts have been rounded down to the nearest cent. Your monthly interest charge may decline as your balance declines.

 

2

If your purchase amount is

*Your monthly payment will be:

               $2,500

$ 73.00

               $2,000

$  58.00

               $1,500

$  44.00

               $1,000

$ 29.00

*Assumes a Special Promotional Credit Plan balance owing and no other Credit Plans, fees, additional payments or other charges. All dollar amounts have been rounded down to the nearest cent. Your final payment may be less than your monthly payment.

 


Special Promotional Credit Plan (48) Additional Disclosure

 

 

I/We, __________________________________ by signing below confirm that I/we have received a copy

                     Customer Name(s) PRINTED

of the above description and agree to its terms.  I/We agree to make 48 monthly payments at a Special Promo APR (in Quebec, the Credit Rate) of 16.99%. I/We understand and agree that if my/our account does go into default (pursuant the terms and conditions outlined in our Cardholder Agreement), then the Special Promo APR (Credit Rate) will revert to the APR (Credit Rate) disclosed in my/our Cardholder Agreement. I/We agree to be bound by the terms as in this disclosure and in my/our Cardholder Agreement.

 

Account Number: ________________________________________

 

Signature of Customer: ____________________________________ Date: _________________

 

Signature of Co-Signer: ____________________________________ Date: _________________

 

Merchant Name (Printed): ________________________________________________________

 

Signature of Merchant:____________________________________ Date:__________________