DISCLOSURE OF FINANCE CHARGES Sample Clauses

DISCLOSURE OF FINANCE CHARGES. Failure to comply with the terms of this payment agreement will result in the application of a FINANCE CHARGE to the student’s unpaid account balance. The FINANCE CHARGE is computed by applying the monthly periodic rate of 2% (ANNUAL PERCENTAGE RATE OF 24%) to the amount of the previous statement balance shown on the monthly statement after deducting the payments received on or before the last business day of that month. Any excess of credits over charges made during a month shall be considered as payment for the purpose of calculating the FINANCE CHARGE. These credits or Student’s signature Student email address Print - Parent or Guardian’s Name (if applicable) Social Security Number Date of Birth Permanent Billing Address City State Zip Phone Number Date Parent or Guardian’s signature Parent email address Print - Parent or Guardian’s Name (if applicable) Social Security Number Date of Birth Permanent Billing Address City State Zip Phone Number Date charges shall not modify the FINANCE CHARGE incurred in any previous month unless they are due to an error by the College. Such fees are subject to change at the discretion of the Board of Trustees. The Federal Truth-in-Lending Act requires a complete disclosure of the terms and conditions governing the payment of these obligations and the method of calculating any applicable FINANCE CHARGE. To comply with these regulations, Xxxxxxxx College asks students to read carefully Parent or Guardian’s signature Parent email address Please make a copy for your records and return the original to: Business Office/Student Accounts Xxxxxxxx College 0000 Xxxxxxxxx Xxxxxx
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DISCLOSURE OF FINANCE CHARGES. Pursuant to XX XXX 000-X, Xxxxxxxxx makes the Disclosure of Finance Charges dated of even date herewith. [No Further Text on this Page; Signature Page Follows]

Related to DISCLOSURE OF FINANCE CHARGES

  • Disclosure of Financial Information 26.1 The Customer represents and warrants that the financial information disclosed to us in his/its Application is an accurate representation of the Customer’s current financial condition.

  • Finance Charges A finance charge is the cost you pay for credit. We will charge Interest Charges and Fees to your account as described to you in your statements and other Truth in Lending Disclosures. The following describes how the finance charge will be calculated on the Account. FCUPTDC0021-0921 You have a 25-day grace (no finance charge) period on your purchase balance and for new purchases if you paid the entire New Balance on your last statement by the end of the grace period. You also have a 25-day grace period for new purchases if you did not have a balance on your last statement. The grace period starts on the billing cycle closing date. If you do not pay the entire New Balance by the end of the grace period, a finance charge will be imposed on the unpaid balance from the first day of the next billing cycle and on new purchases from the date they are posted to your Account. There is no grace period for cash advances. A finance charge will be imposed on cash advances from the date the cash advance is posted to your Account. Balance transfers as permitted by Credit Union from time to time in Credit Union’s sole discretion will be treated as cash advances for the purpose of all finance charges and finance charge calculations. Finance charges on your Account are calculated by applying the applicable Monthly Periodic Rate to the average daily balances for purchases and cash advances. Separate average daily balances are calculated for purchases and cash advances. To get each average daily balance, the daily balances for purchases and cash advances for the billing cycle are added and the totals are divided by the number of days in the cycle. To get the daily balance for cash advances, new cash advances are added to the day’s beginning balance and payments and credits are subtracted. To get the daily balance for purchases, new purchases are added to the day’s beginning balance and payments and credits are subtracted; however, new purchases are not added if you paid the entire New Balance on your last statement by the end of the grace period or if you did not have a balance on your last statement. Fees and unpaid finance charges are not included in the calculation of the average daily balance. Finance charges will continue to accrue on your Account until what you owe under this Agreement is paid in full. Credit Union may offer balance transfer, introductory rate, or other special rate promotions for your Account from time to time in Credit Union’s sole discretion. The applicable Monthly Periodic Rate and ANNUAL PERCENTAGE RATE for any promotion and any promotion terms and conditions will be disclosed to before or at the time you make use of such promotion.

  • Available Information The Company is subject to the periodic reporting requirements of the Exchange Act and, accordingly, is required to file or furnish certain reports with the Commission. These reports can be retrieved from the Commission's website (wxx.xxx.xxx) and can be inspected and copied at the public reference facilities maintained by the Commission located (as of the date of the Deposit Agreement) at 100 X Xxxxxx, X.X., Xxxxxxxxxx X.X. 00000.

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