As of the statement date, a finance charge of 2 percent per month (corresponding annual percentage rate of 24 percent) will be assessed on all account balances over 30 days old. The minimum finance charge on any past due account will be $1.00 per billing cycle. Credit will be extended for a period of 30 days from the original statement date to approved accounts. Accounts not paid after 30 days from the original statement date become past due and may lose credit privileges.

Payments are applied first to reduce any finance charges, then to reduce the oldest and unpaid balance.

Credit Terms: Credit terms are defined in the credit policy of the company; the statement due date is the 25th of each month.