|Periodic Rate and Annual Percentage Rate|
|For the American "Freedom" Account, the periodic rate used in calculating the finance charge is .049315 percent per period, which corresponds to an Annual Percentage Rate of 18 percent per annum. For all other transaction accounts, the periodic rate used in calculating the finance charge is .041096 percent per period, which corresponds to an annual percentage rate of 15 percent per annum.
|Property securing any other loans that I have with you may also secure this obligation.
I agree that from time to time you may obtain credit information about me from others, including other lenders and credit reporting agencies, and report to others (such as a credit reporting agency) your credit experience with me. I agree that you will not be liable for any claim arising from the use of information provided to you by others or for providing such information to others.
Furthermore, I agree to supply you with whatever information you reasonably feel you need to decide whether to continue this line of credit. You will make requests for this information without undue frequency, and will give me reasonable time in which to supply the information.
|Your Billing Rights|
KEEP THIS NOTICE FOR FUTURE USE
This notice contains improtant information about your rights and our responsibilities under the Fair Credit Billing Act.
|Notify Us In Case of Errors or Questions About Your Bill|
If you think your bill is wrong, or if you need more information about a transaction on your bill, write us at the address listed on your bill. WRite to us as soon as possible. We must hear from you no later than 60 days after we sent you the first bill on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights.
In your letter, give us the following information:
|Your Rights and Our Responsibilities After We Receive Your Written Notice|
We must acknowledge your letter within 30 days, unless we have corrected the error by then. Within 90 days, we must either correct the error or explain why we believe the bill was correct.
After we receive your letter, we cannot try to collect any amount you question, or report you as delinquent. We can continue to bill you for the amount you question, including finance charges, and we can apply any unpaid amount against your credit limit. You do not have to pay any questioned amount while we are investigating, but you are still obligated to pay the parts of your bill that are not in question.
If we find that we made a mistake on your bill, you will not have to pay any finance charges related to any questioned amount, If we didn''t make a mistake, you may have to pay finance charges, and you will have to make up any missed payments on the questioned amount. In either case, we will send you a statement of the amount you owe and the date that it is due.
If you fail to pay the amount that we think you owe, we may report you as delinquent. However, if our explanation does not satisfy you and you write to us within ten days telling us that you still refuse to pay, we must tell anyone we report you to that you have a question about your bill. And, we must tell you the name of anyone we reported you to. We must tell anyone we report you to that the matter has been settled between us when it finally is.
If we don''t follow these rules, we can''t collect the first $50 of the questioned amount, even if your bill was correct.