VISA Classic: ____________% - ____________% based on Your creditworthiness.VISA Secured: ____________% - ____________% based on Your creditworthiness.Signature Loan: ____________% - ____________% based on Your creditworthiness.Ready Credit Line of Credit: ____________% - ____________% based on Yourcreditworthiness.Share Secured: ____________% - ____________% based on Your creditworthiness.Certificate Secured: ____________% when You open Your account, after which Your APRwill vary with the dividend rate paid on the shares pledged as Collateral.Personal Property Secured: ____________% - ____________% based on Yourcreditworthiness, length of repayment, age and type of collateral pledged as security.Annual Percentage Rate(APR) For PurchasesAnnual Percentage Rate(APR) For BalanceTransfersVISA Classic:___________% -____________% based on Your creditworthiness.VISA Secured:
____________% -____________% based on Your creditworthiness.Interest Rate and Interest ChargesCREDIT LINE ACCOUNTAGREEMENT AND DISCLOSURE
THIS IS YOUR CREDIT LINE ACCOUNT AGREEMENT AND IT INCLUDES NECESSARY FEDERALTRUTH-IN-LENDING DISCLOSURE STATEMENTS, VISA CLASSIC AND VISA SECURED AGREEMENTS,AND ANY SPECIAL INSTRUCTIONS REGARDING THE USE OF YOUR VISA CLASSIC AND VISASECURED CREDIT CARDS, AND/OR ANY OTHER ACCOUNT ACCESS DEVICE. PLEASE BE CERTAIN TOREAD THIS AGREEMENT CAREFULLY AND NOTIFY US AT ONCE IF ANY PARTS ARE UNCLEAR.P .O. Box 270010Littleton, CO 80127303-978-2274 or 800-828-2274
VISA Classic: ____________% - ____________% based on Your creditworthiness.VISA Secured: ____________% - ____________% based on Your creditworthiness.Annual Percentage Rate(APR) For Cash Advances
Paying InterestFor VISA, We will not charge You interest on purchases if You pay Your entire balance owedeach month within 25 days of Your statement closing date. For all Feature Categories, Wewill begin charging interest on cash advances and balance transfers on the transaction date.FeesFor VISA,$25.00For VISA,1.00%of each foreign currency transaction in U.S. dollars.For VISA,0.80%of each U.S. Dollar transaction that occurs in a foreign country.
How We Will Calculate Your Balance:For all Feature Categories (except VISA), We use a method called "daily balance."For VISA, We use a method called "average daily balance (including new purchases)." See Your Account Agreement fordetails.Billing Rights:Information on your rights to dispute transactions and how to exercise those rights is provided in Your AccountAgreement.Cash AdvanceForeign TransactionTransaction Fees
..
Late PaymentFor VISA, up to$30.00Except for VISA,$15.00after 9 days Penalty Fees.For Credit Card Tips fromthe Consumer FinancialProtection BureauTo learn more about factors to consider when applying for or using a Credit Card,visit the website of the Consumer Financial Protection Bureau athttp://www.consumerfinance.gov/learnmore.
Copyright Oak Tree Business Systems, Inc., 2005-2013. All R ights R eserved. OTBS 016 JOHN (7/13) Page 1 of 510.95 21.0010.95 21.00
10.95 21.0010.95 21.00
10.9521.0010.95 21.00
11.99 21.0014.99 21.00
3.00+div rate 3.00+div rate
3.00+CD rate
1.99 17.99 AccountFeature Categories DailyPeriodic Rate
For advances under any Certificate Secured Feature Category, all certificateswhich are pledged as Collateral must be renewed until Your outstanding balance ispaid in full. Failure to renew any certificates securing any advance will cause Yourentire outstanding balance to become immediately due and payable.OTHER SECURITY.Collateral (other than household goods or any dwelling) givenas security under this Agreement or for any other loan You may have with Us willsecure all amounts You owe Us now and in the future.LIEN ON SHARES. If You have been issued a Credit Card, ATM or CheckCard You grant and consent to a lien on Your shares with Us (except forIRA and Keogh accounts) and any dividends due or to become due to Youfrom Us to the extent You owe on any unpaid Credit Card balance,Ready Credit Line of Credit balance created through the use of Your ATMor Check Card.ACCOUNT RESTRICTIONS.In order to receive and maintain a Share Secured,Certificate Secured or VISA Secured Feature Category, You agree to give Usa specific pledge of shares which will equal Your Credit Limit. In the event thatYou default on Your Share Secured, Certificate Secured or VISA SecuredFeature Category, We may apply these shares toward the repayment ofany amount owed on such Feature Category. You may cancel Your ShareSecured, Certificate Secured or VISA Secured Feature Category at any time bypaying any amounts owed on Your Share Secured, Certificate Secured or VISASecured Feature Category Feature Category. To be certain that Your entirebalance and all advances are paid, any shares pledged may not be available toYou for 30 days after You have cancelled and any outstanding balance is paidin full.LINE OF CREDIT LIMITS.You will be notified of each specific Credit Limitfor each Feature Category for which You are approved. Unless You are in default,any Credit Limits established for You will generally be self-replenishing as Youmake payments.You will keep Your unpaid balance within Your Credit Limit set by Us, and You willpay any amount over Your Credit Limit on Our demand whether or not Weauthorize the advances which caused You to exceed Your Credit Limit. Even ifYour unpaid balance is less than Your Credit Limit, You will have no creditavailable during any time that any aspect of Your Account is in default.JOINT ACCOUNTS.Each Borrower will be responsible, jointly and severally, forthe repayment of any amounts owed. If any Account access device, such as aPersonal Identification Number (PIN) is requested and approved, You understandthat any such Account access device(s) will be mailed only to the primary Borrowerat the address that We have on file for You. We may refuse to follow anyinstructions which run counter to this provision.MINIMUM MONTHLY PAYMENTS (PAYMENT SCHEDULE). Though You need only pay the Minimum Monthly Payments, You understand that You have the rightto repay at any time without penalty. You also understand that You will only becharged periodic Finance Charges to the date You repay Your entire balance. Youmay make larger payments without penalty. Except for VISA, any partial paymentAnnualPercentage Rate
ADVANCES.Whenever You request a transaction, We may require You to proveYour identity. Advances made on Your Account will be processed according to theinstructions You give Us (such as by wire transfer, direct transfer to Your CreditUnion account or by other such means) and You authorize Us to do this, or Wemay draw a draft or check made payable to You and mail it to You. When theamount advanced appears on a subsequent statement, that will be conclusiveevidence of Your advance request unless You notify Us that You disagree with anysuch item appearing on Your periodic statement according to the provision of thisAgreement titled "Your Billing Rights: Keep this Document for Future Use". Youunderstand that whether or not any specific secured advance request is approvedmay be determined by how much equity You have or will have in the shares,certificates and/or Collateral offered as security.SECURITY.As permitted by law, to secure all transactions under this Agreement ineither joint or individual Accounts, We have the right to impress and enforce astatutory lien against Your shares on deposit with Us (other than those depositsestablished under a governmental approved tax deferral plan such as an IRA orKeogh account), and any dividends due or to become due to You from Us to theextent that You owe on any unpaid balance on Your Account and We may enforceOur right to do so without further notice to You. Additionally, You agree that Wemay set-off any mutual indebtedness.Whether additional Collateral will be required depends on the type of advance Yourequest. If You request an advance under a Feature Category which describespersonal property, that property, including the proceeds of the sale of suchproperty, must also be given as Collateral. For example, a Feature Category called"New Car Advances" means the Collateral will be a new car. The fact that We areacquiring a security interest in certain property and/or certificate(s) will be disclosedin the "Credit Line Account Advance Request and Security Agreement" formrelated to any initial advance. You will be provided a copy of that form at the timeYou receive the initial advance for any secured Feature Category.Except for Our security interest, any Collateral pledged as security for YourAccount is owned free and clear from any liens, adverse claims, security interestsor encumbrances. Without Our express written consent, no other liens, securityinterests or encumbrances will be allowed to attach to the Collateral. You agree toinform Us immediately if the Collateral is to be moved from the address We haveon file for You or such other address at which You have informed the Credit Unionthe Collateral is now located. The Collateral will not be sold or otherwisetransferred and at all times the Collateral will be kept in good repair. The Collateralshall not be used for any unlawful purpose. We shall receive Your full cooperationin obtaining everything that We require to place and/or maintain Our securityinterest and/or lien in the Collateral. We may examine and inspect the Collateral atany time, wherever located. All taxes or assessments on the Collateral shall bepaid as they come due; if not paid, We may pay them and will be entitled toreimbursement or alternatively, charge that amount to Your Account, under therelated Feature Category.You acknowledge that You own any certificates, shares and/or Collateral pledgedas security and that there are no other liens against them other than Ours. Youagree to perform all acts which are necessary to make Our security interest in thecertificates, shares and/or Collateral being pledged enforceable.In this Agreement, the reference to "We", "Us", "Our" and "Credit Union" mean COLORADO CREDIT UNION. The words "You" and "Your" mean each person accept ing this Agreement. The words "Card" and "Credit Card" mean any VISA Classic or VISA Secured Credit Card issued to You by Us and any duplicates or renewals."Convenience Checks" mean the special Account access devices that We may provide for Your use from time to time.You, as the Borrower, under a Credit Line Account ("Account"), understand that the following Federal Disclosure Statement and the terms and conditio ns found herein constitute Our Agreement with You. You may request advances on Your Account through a variety of means which could include (but may not be limited to) te lephonic requests, advance request forms, vouchers, checks, charge slips, Convenience Checks, Check Cards, ATM Cards, Credit Cards, wire transfers, direct transfers and/or wire transfers to specific payees identified by You, direct transfers to Your Share/Share Draft or other Credit Union account and the like. Regardles s of the means by which any advance is made, You promise to pay Us all amounts charged to Your Account by You or by any user who has access to Your Account, with actual, appar ent or implied authority for use of Your Account, including Finance Charges and other fees or charges described herein.FEATURE CATEGORIES.Your Account has Feature Categories which may include Ready Credit Line of Credit (including Overdraft Protection), Personal PropertySecured (a label to reference certain Feature Categories secured by personal property described below and/or on the separate page titled "Credit Lin e Account Advance Request And Security Agreement" which We have included with and made a part of this Agreement), Share Secured, Certificate Secured, VISA Clas sic and VISA Secured.__________________%__________________%__________________%__________________%Ready Credit Line of CreditCertificate SecuredShare SecuredVISA ClassicVISA SecuredAutomobileSignature Loan__________%__________%__________%__________%__________%__________%___________%___________%MonthlyPeriodic Rate
____________ ____________Variable RateIndex Margin
Copyright Oak Tree Business Systems, Inc., 2005-2013. All R ights R eserved. OTBS 016 JOHN (7/13) Page 2 of 5.041069 - .057535 14.99 - 21.00 3.00 + CD Rate 3.00 + CD Rate.912500 - 1.75 10.95 - 21.00.912500 - 1.75 10.95 - 21.00.005452 - .049288 1.99 - 17.99 .032850 - .057535 11.99 - 21.00.0822% + dividend rate 3.00 + div rate subsequently each day thereafter ("Index") plus Our Margin. The Index plus theMargin equals the Interest Rate. Changes in the Index will cause changes in theInterest Rate on the day of any such change in the Index. Increases or decreasesin the Interest Rate will cause like increases or decreases in the Finance Chargeand will affect the number of Your regularly scheduled payments. Your InterestRate will never be greater than 18.00% nor less than 1.00% and will apply to Yourremaining principal balance.OVERDRAFT PROTECTION.We may transfer funds in multiples of $50.00 (or insuch increments as We may from time to time determine) to Your share draftaccount by an advance on Your Ready Credit Line of Credit Feature Category,subject to this provision, to clear any overdraft on Your share draft account.Whether or not such transfers occur will be controlled by this Agreement. In anyevent, You hold Us harmless for any and all liability which might otherwise arise ifthe transfer does not occur. Overdraft protection automatically ceases if thisAgreement is ever cancelled or terminated or Your Account is in default.PERIODIC STATEMENTS.On a regular basis, You will receive a statementshowing all transactions on Your Account including amounts paid and borrowedsince Your last statement. We will mail You a statement each month in which thereis a debit or credit balance or when a Finance Charge is imposed. We need notsend You a statement if We feel Your Account is uncollectible or if We havestarted collection proceedings against You because You defaulted. EACHSTATEMENT IS DEEMED TO BE A CORRECT STATEMENT OF ACCOUNTUNLESS YOU ESTABLISH A BILLING ERROR PURSUANT TO THE FEDERALTRUTH-IN-LENDING ACT.OUR RESPONSIBILITIES TO HONOR CONVENIENCE CHECKS. We are under no obligation to honor Your Convenience Checks if: (1) by paying a ConvenienceCheck, You would exceed Your Credit Limit; (2) Your Cards or ConvenienceChecks have been reported lost or stolen; (3) Your Account has been cancelled orhas expired. If a postdated Convenience Check is paid and, as a result, any otherConvenience Check is returned unpaid, We are not responsible for any resultingloss or liability.DEFAULT.You will be in default if: (a) You do not make any payment or performany obligation under this Agreement, or any other agreement that You may havewith Us; or (b) You should die, become involved in any insolvency, receivership orcustodial proceeding brought by or against You; or (c) You have made a false ormisleading statement in Your credit application and/or in Your representations toUs while You owe money on Your Account; or (d) A judgment or tax lien should befiled against You or any attachment or garnishment should be issued against anyof Your property or rights, specifically including anyone starting an action orproceeding to seize any of Your funds on deposit with Us; and/or (e) We should, ingood faith, believe Your ability to repay Your indebtedness hereunder is or soonwill be impaired, time being of the very essence.Upon any occurrence of default, We may, to the extent permitted by law, cancelYour rights under this Agreement, require the return of all access devices anddeclare the entire balance of every Feature Category of Your Account immediatelydue and payable, without prior notice or demand, unless notice is required by law.If Your entire Account balance is not then paid immediately upon default, and ifpermitted by law and after any required notice of Your right to cure default, theCollateral shall be voluntarily surrendered to the Credit Union at a time and placeacceptable to it. If this is not done, to the extent permitted by law and after anyrequired notice of Your right to cure default, the Credit Union may enter thepremises where the Collateral is located and take possession of it and the CreditUnion may assert the defense of a superior right of possession as the holder of asecurity interest to any offense of alleged wrongful taking and conversion. TheCredit Union may sell or dispose of the Collateral in any manner permitted by law,and any resulting deficiency on Your Account shall be immediately paid to theCredit Union. You further agree that We may, if necessary and at Our option,improve the Collateral from the state that it is in at the time of repossession to astate that is considered reasonable and customary for normal use of the Collateraland You agree to reimburse Us for any and all costs incurred in the course ofsuch improvements.COLLECTION COSTS.In the event collection efforts are required to obtainpayment on this Account, to the extent permitted by law, You agree to pay all courtcosts, private process server fees, investigation fees or other costs incurred incollection and reasonable attorneys' fees, not in excess of 15% of the unpaid debtafter default. incurred in the course of collecting any amounts owed under thisAgreement or in the recovery of any Collateral. If the attorney is Our salariedemployee You will not be assessed any attorneys' fees.ENFORCEMENT.We do not lose Our rights under this or any related agreement ifWe delay enforcing them. We can accept late payments, partial payments or anyother payments, even if they are marked "paid in full" without losing any of Ourrights under this Agreement. If any provision of this or any related agreement isdetermined to be unenforceable or invalid, all other provisions remain in full forceand effect.NOTIFICATION OF ADDRESS CHANGE. You will notify Us promptly if You move or otherwise have a change of address.CHANGE IN TERMS.We may change the terms of this Agreement by mailing ordelivering to You written notice of the changes as prescribed by the FederalTruth-In-Lending Act or applicable Colorado law. To the extent permitted bylaw, the right to change the terms of this Agreement includes, but is not limited to,or prepayment will be credited to future scheduled payments, except to the extentthat such prepayment cannot advance the date of Your next scheduled payment bymore than one calendar month, and any excess amounts so prepaid will not delayYour next scheduled payment. For VISA, any partial payment or prepayment willnot delay Your next scheduled payment. All payments to Us must be in lawfulmoney of the United States. We may apply each payment to whichever FeatureCategory We wish. For all Feature Categories (except VISA), payments will beapplied first to any Late Charges owing, then to the Finance Charge due, then tothe outstanding principal balance. Except as required by law, the order in which Wemay apply VISA payments is at Our discretion.Any unpaid portion of the Finance Charge will be paid by subsequent paymentsand will not be added to Your principal balance. You understand that any delay inthe repayment of Your unpaid balance will increase Your periodic Finance Chargesand any acceleration in the repayment of Your unpaid balance will decrease Yourperiodic Finance Charges.For all Feature Categories (except VISA and Ready Credit Line of Credit),Minimum Monthly Payments will be disclosed to You at the time of eachadvance on a separate page titled "Credit Line Account Advance Request andSecurity Agreement".Ready Credit Line of Credit Minimum Monthly Payments will be established at thetime of each advance at an amount in accordance with the following table:
Unpaid Balance Monthly Payment
VISA Classic and VISA Secured Minimum Payments will be an amount equal to2.00% of Your new unpaid VISA Classic or VISA Secured balance at the end ofeach billing cycle, subject to the lesser of $15.00 or Your balance, plus any portionof the Minimum Payments shown on prior statement(s) which remains unpaid.You may, by separate agreement, authorize Us to charge Your payment directly toYour share or share draft account.LATE CHARGE (EXCEPT FOR VISA). If Your payment is 10 or more days late, You will be charged $15.00.FINANCE CHARGES (EXCEPT FOR VISA). A Finance Charge will be assessed on any unpaid principal balance for each Feature Category of Your Account for theperiod such balance is outstanding. Balances change each time advances aremade, payments are made or credits given under any Feature Category. TheFinance Charge begins to accrue on the date of each advance and there is nograce period.HOW TO DETERMINE THE FINANCE CHARGE (EXCEPT FOR VISA). For all Feature Categories (except for VISA), the Finance Charge is determined bymultiplying Your unpaid balance at the close of each day in the billing cycle beingaccounted for by the applicable Daily Periodic Rate. The unpaid balance is thebalance each day after payments, credits, and unpaid Finance Charges to thatbalance have been subtracted and any new advances, insurance premiums orother charges have been added to Your unpaid balance. These daily FinanceCharges are then added together and the sum is the amount of the FinanceCharge owed for the Feature Category being accounted for. The total FinanceCharge You owe on Your Account for each billing cycle is the sum of all theFinance Charges due for all applicable Feature Categories.VISA FINANCE CHARGES.In the case of any transactions under Your VISAClassic and VISA Secured Feature Categories, the balances subject to the periodicFinance Charge are the average daily transactions balances outstanding during themonth (new and previous). To get the average daily balance, We take thebeginning balance each day, add any new purchases, balance transfers, cashadvances, insurance premiums, debit adjustments or other charges and subtractany payments, credits and unpaid Finance Charges. This gives Us the dailybalance. Then, We add up all the daily balances for the billing cycle and dividethem by the number of days in the billing cycle. The Finance Charge for a billingcycle is computed by multiplying the av erage daily balance subject to a Finance Charge by the Monthly Periodic Rate.You can avoid Finance Charges on purchases by paying the full amount of theentire balance owed each month within 25 days of Your statement closing date.Otherwise, the new balance of purchases, and subsequent purchases from thedate they are posted to Your Account, will be subject to a Finance Charge. Cashadvances and balance transfers are always subject to a Finance Charge from thedate they are posted to Your Account.CERTIFICATE SECURED VARIABLE RATE. Advances are subject to a Variable Rate which is based on the dividend rate being paid on the shares pledged on thedate that Your Certificate Secured Feature Category is established, and$30.00$60.00$75.00$100.00$125.00$150.00$225.00$275.00$365.00$475.00$0.00 - $500.00$500.01 - $1,000.00$1,000.01 - $2,000.00$2,000.01 - $3,000.00$3,000.01 - $4,000.00$4,000.01 - $5,000.00$5,000.01 - $7,500.00$7,500.01 - $10,000.00$10,000.01 - $15,000.00$15,000.01 & Greater
Copyright Oak Tree Business Systems, Inc., 2005-2013. All R ights R eserved. OTBS 016 JOHN (7/13) Page 3 of 5 REFUSAL TO HONOR CARDS OR CONVENIENCE CHECKS. We are not liable for the refusal or inability of merchants, financial institutions and others toaccept the Cards or Convenience Checks, or electronic terminals to honor theCards or complete a Card withdrawal, or for their retention of the Cards orConvenience Checks.FOREIGN TRANSACTIONS.For transactions initiated in foreign countries andforeign currencies, the exchange rate between the transaction currency and thebilling currency (U.S. dollars) will be: (a) a rate selected by VISA from the range ofrates available in wholesale currency markets for the applicable central processingdate, which rate may vary from the rate VISA itself receives; or (b) For transactionsthat are initiated in a foreign currency, You will be charged 1.00% of the finalsettlement amount. For transactions occurring in foreign countries and initiated inU.S. Dollars, You will be charged 0.80% of the final settlement amount.TRANSACTION SLIPS.Your monthly statement will identify that merchant,electronic terminal or financial institution at which transactions were made, butsales, cash advances, credit or other slips cannot be returned with the statement.LATE CHARGE.If Your payment is 1 or more days late, You will be charged thelesser of: (a) the amount of the minimum payment due; or (b) $30.
OTHER FEES AND CHARGES.You will be charged a $25.00 FINANCE CHARGE
for each cash advance You take.LOST CARDS OR CONVENIENCE CHECKS. To report lost or stolen Credit Cards or Convenience Checks, You will immediately call Us at (800) 682-6075 orwrite to Us at the address shown in this Agreement.CREDITS.If a merchant who honors Your Card gives You credit for returns oradjustments, they will do so by sending Us a slip which will be posted to YourAccount. If Your credits and payments exceed what You owe Us, We will hold andapply this credit against future purchases and cash advances, or if it is $1.00 ormore refund it on Your written request or automatically deposit it to Your shareaccount after 6 months.the right to change the periodic rate applicable to Your unpaid balance and/orfuture advances.PROPERTY INSURANCE.You agree to insure the property described in theSecurity Interest section of any Credit Line Account Advance Request and SecurityAgreement against fire and other hazards, with a policy as specified by Us, in theamount necessary to protect Our security interest in the Collateral with Us namedas loss payee for Our protection and with a maximum deductible of $1,000. Suchinsurance shall protect against loss by fire, theft, and collision, and will provide "allrisks" hull insurance in the case of aircraft or boats and accessories thereto, if any.You may purchase the insurance from any insurer You want, but We have the rightnot to accept the insurer for reasonable cause. If You do not get or keep suchinsurance, We may (but are under no obligation to do so) obtain it and: (a) add thecosts to the principal balance of Your Account; (b) increase Your periodic payment;and/or (c) demand that You pay the cost in a single lump sum. In any case, Youagree to pay for the cost of any such insurance and if You fail to do so, We maydeclare Your Account in default. You agree to deliver satisfactory evidence of theinsurance policy to Us within any time period specified in any notice from Us or onOur behalf. You understand that any property insurance obtained by Us on theCollateral will only protect Our interest in this Agreement and the Collateral andthat the cost of such insurance may be remarkably greater than that which Youobtain on Your own, all of which means that property insurance obtained by Us onYour behalf may cost You more and provide less coverage on the Collateral. Wehave the authority to obtain, adjust, settle or cancel insurance and may endorseany party's name on any draft.
CREDIT INSURANCE.Credit insurance is not required for any extension of creditunder this Agreement. However, You may purchase any credit insurance availablethrough Us and have the premiums added to Your outstanding balance. If You electto do so, You will be given the necessary disclosures and documents separately.
INTEGRATED DOCUMENTS.Any separate sheet of paper labeled "AdditionalDisclosure - Federal Truth-In-Lending Act", and/or "Credit Line Account AdvanceRequest and Security Agreement" which is delivered together with this Agreementor at a later date become an integrated part of this Agreement and Disclosure.CONSENT TO AGREEMENT.You acknowledge receipt of a copy of thisAgreement. By signing the application; or by using Your Account or any Accountaccess device; or by authorizing another to use Your Account, You agree to andaccept its terms.UPDATING AND DISCLOSING FINANCIAL INFORMATION. You will provide facts to update information contained in Your original Account application or otherfinancial information related to You, at Our request. You also agree that We may,from time to time, as We deem necessary, make inquiries pertaining to Youremployment, credit standing and financial responsibility in accordance withapplicable laws and regulations. You further agree that We may give informationabout the status and payment history of Your Account to consumer credit reportingagencies, a prospective employer or insurer, or a state or federal licensing agencyhaving any apparent legitimate business need for such information.TERMINATION.Either You or We may cancel Your Account or any particularFeature Category of Your Account, at any time, whether or not You are in default.You will, in any case, remain liable to pay any unpaid balances according to theterms of Your Account.GOVERNING LAW.This Agreement is controlled and governed by the laws of theState of Colorado except to the extent that such laws are inconsistent withcontrolling federal law.USE OF YOUR CARD.You may use Your Card to buy goods and services in anyplace that it is honored and to get cash advances at participating financialinstitutions. You agree not to use Your Card for illegal transactions including, butnot limited to, advances made for the purpose of gambling and/or wagering wheresuch practices are in violation of applicable state and/or federal law.OWNERSHIP.Your Card remains Our property and may be cancelled by Us atany time without notice. You agree to surrender Your Card and to discontinue itsuse immediately upon Our request.ISSUANCE OF A PERSONAL IDENTIFICATION NUMBER. We will issue a Personal Identification Number (PIN) for use with participating Automated TellerMachines (ATMs). This PIN is confidential and should not be disclosed to anyone.You may use Your PIN to access Your Account and all sums advanced will beadded to Your balance. In the event a use of Your PIN constitutes an ElectronicFund Transfer, the terms and conditions of Your Electronic Fund TransferAgreement may also affect Your rights.EFFECT OF AGREEMENT.Even though the sales, cash advance, credit or otherslips You may sign or receive when using Your Card contain terms, this Agreementis the contract which solely applies to all transactions involving the Card.UNAUTHORIZED USE.You may be liable for the unauthorized use of Your Card.You will not be liable for the unauthorized use that occurs after You notify Us of theloss, theft, or possible unauthorized use by calling Us at (800) 828-2274 or bywriting to Us at the address shown in this Agreement. In any case, Your liability willnot exceed $50.SPECIFIC TERMS APPLICABLE TO YOUR VISACLASSIC AND VISA SECURED CREDIT CARDS
..What ToDoIfYou Find AMistake OnYour Statement
What WillHappen After WeReceive Your Letter...
......If You think there is an error on Your statement, write to Us at Our address shownin this Agreement. In Your letter, give us the following information:Account
information : Your name and Account number.Dollar
amount : The dollar amount of the suspected error.Description
ofproblem: If You think there is an error on Your bill, describewhat You believe is wrong and why You believe it is a mistake.You must contact Us:Within 60 days after the error appeared on Your statement.At least 3 business days before an automated payment is scheduled, ifYou want to stop payment on the amount You think is wrong.You must notify Us of any potential errors in writing. You may call Us, but if You doWe are not required to investigate any potential errors and You may have to paythe amount in question.When We receive Your letter, We must do two things:1) Within 30 days of receiving Your letter, We must tell You that We received Yourletter. We will also tell You if We have already corrected the error.2) Within 90 days of receiving Your letter, We must either correct the error orexplain to You why We believe the bill is correct.While We investigate whether or not there has been an error:We cannot try to collect the amount in question, or report You asdelinquent on that amount.The charge in question may remain on Your statement, and We maycontinue to charge You interest on that amount.While You do not have to pay the amount in question, You are responsiblefor the remainder of Your balance.We can apply any unpaid amount against Your Credit Limit.After We finish Our investigation, one of two things will happen:If
Wemade amistake : You will not have to pay the amount in question orany interest or other fees related to that amount.If
Wedonotbelieve there was amistake : You will have to pay the amount in question, along with applicable interest and fees. We will send You a statementof the amount You owe and the date payment is due. We may then report Youas delinquent if You do not pay the amount We think You owe.If You receive Our explanation but still believe Your bill is wrong, You mustwrite to Us within 10 days telling Us that You still refuse to pay. If You doso, We cannot report You as delinquent without also reporting that You arequestioning Your bill. We must tell You the name of anyone to whom wereported You as delinquent, and We must let those organizations know when thematter has been settled between Us. If We do not follow all of the rules above,
Copyright Oak Tree Business Systems, Inc., 2005-2013. All R ights R eserved. OTBS 016 JOHN (7/13) Page 4 of 5 on an advertisement We mailed to You, or if We own the company that soldYou the goods or services.)2) You must have used Your Credit Card for the purchase. Purchases made withcash advances from an ATM or with a check that accesses Your Credit Cardaccount do not qualify.3) You must not yet have fully paid for the purchase.If all of the criteria above are met and You are still dissatisfied with the purchase,contact Us in writing at Our address shown in this Agreement.While We investigate, the same rules apply to the disputed amount as discussedabove. After We finish Our investigation, We will tell You Our decision. At thatpoint, if We think You owe an amount and You do not pay, We may report Youas delinquent.You do not have to pay the first $50 of the amount You question even if Your billis correct.Your
Rights IfYou AreDissatisfied With Your Credit Card Purchases
If You are dissatisfied with the goods or services that You have purchased withYour Credit Card, and You have tried in good faith to correct the problem with themerchant, You may have the right not to pay the remaining amount due on thepurchase. To use this right, all of the following must be true:1) The purchase must have been made in Your home state or within 100 miles ofYour current mailing address, and the purchase price must have been morethan $50. (Note: Neither of these are necessary if Your purchase was based
Copyright Oak Tree Business Systems, Inc., 2005-2013. All R ights R eserved. OTBS 016 JOHN (7/13) Page 5 of 5