Your Overton's MasterCard® Credit Card account agreement.
OVECCA0314
This card is issued by Comenity Bank pursuant to a license from
We'll charge you a minimum interest charge of $1.00 per credit plan for any
MasterCard. MasterCard is a registered trademark of MasterCard
billing period in which interest is due. For additional information, see Rates in
International Incorporated. This Agreement covers the Terms
Section D.
and Conditions of your account with us. In this document, you
Minimum Payment: The Minimum Payment Due is the total of minimum pay-
will find important information about using and managing your
ments for Regular Revolving and Promotional Credit Plan purchases plus any
Past Due amounts. The total Minimum Payment Due on your account won't be
account, including a Privacy Statement and information con-
less than $25.00. If your Account balance is less than $25.00, you must pay the
cerning your billing rights. Your use of the account, or failure
amount indicated on your Statement in full. The Minimum Payment Due for each
to close the account within the 30 days of receiving this docu-
Regular Revolving and Cash Revolving Credit Plans will be:
ment, indicates your acceptance of the terms of this agreement,
The greater of:
o
including the assessment of any interest charges and fees.
1% of the New Balance, excluding any new Regular Revolving or Cash
Revolving Credit Plan Finance Charges shown on the Statement; or
Section | of this Agreement also includes a Jury Trial Waiver and
o
$5.00
an Arbitration Provision in the event of a dispute.
Plus any new Regular Revolving or Cash Revolving Credit Plan Finance
You have a right to reject this Arbitration Provision.
Charges shown on the Statement rounded up to the nearest $1.00.
If you do not reject this Arbitration Provision, it will be part
See Minimum Payment in Section C below for promotional credit plan minimum
of this Agreement and will:
payment calculations.
The APR information described below is accurate as of March 1, 2014. Due to a
o
Eliminate your right to a trial by jury; and
change in the index, this information may have changed. To find out more, call
o
Substantially affect your rights, including your right to
us at 1-800-695-1219 (TDD/TTY: 1-800-695-1788), or write us at Comenity
bring, join in or participate in class proceedings.
Bank, PO Box 182273, Columbus, Ohio 43218-2273 or visit our website at
Please read each section carefully and keep this document for
comenity.net/overtonscard.
your records.
A. Getting Started
In the following sections, you will find information on:
Definitions
In this Agreement, "We," "Us" and "Our" mean Comenity Bank. "You" and
Financial terms of your account: An at-a-glance summary of the fees and charges
"Your" mean each person who submits an application or solicitation for an Ac-
associated with your account
A. Getting started: the basics of your account
count with us. "Account" means your credit card account with us. "Card" means
B. Keeping your account in good standing avoiding default, and what to do if
each credit card we issue for your Account, as applicable. "Credit Plan" means
your card is lost or stolen, as applicable
one or more payment program options Overton's may ask us to offer from time
to time.
C.
Learning more about your account: credit plans, and credit limits, and how
payments are calculated and applied
Upholding your Agreement
D.
Interest, fees and charges: when and how fees and costs are applied to your
You agree to the terms of this Agreement, and promise to do everything
account
required of you. If you sign or submit an application or solicitation to obtain
E.
Other important information: legal rights, costs, and how we'll handle
credit from us, you'll be legally bound by this Agreement. You'r also legally
changes to your account
bound if you sign a charge slip, or permit someone else to use the credit
F.
Disputes and reporting to consumer reporting agencies: data we provide,
provided.
and receive from, consumer reporting agencies, and what to do if you think
You agree that the credit extended under your Account will be used only for
there is an error on your periodic statement
personal, family or household purposes and not for business or commercial
G.
Optional products: how to protect your account from fraud or theft, and
purpose.
information on services that can help pay your debt in case of emergencies
If the Account is a joint Account, you and the joint Account holder will
H.
Communicating with us: what happens when you contact us
be bound by this Agreement. Each of you will be jointly and individually
I.
Arbitration and jury trial waiver: how we'll resolve disagreements, including
responsible for repaying all amounts due. If more than one person is re-
a jury trial waiver and Arbitration provision
sponsible for this Account, we will only provide billing statements and com-
Privacy statement: how we collect, use, share, and protect your personal informa-
munications to one of you.
tion: and the privacy choices you can make.
Any authorized user of your Account will be bound by the terms of this
Financial terms of your account
Agreement. One additional Card may be issued with the individual name of
an authorized user embossed on the Card. If you want to revoke the use of
Interest Rates and Interest Charges
your Account by an authorized user, either write us at the address, or call us
at the phone number, shown on your Statement.
16.99%, 20.99%,
You agree to pay for all transactions made on your Account by an authorized
user, whether or not such transactions were authorized by you or made for
or 24.99% when you
your benefit.
Annual Percentage
Card signature (as applicable)
Rate (APR) for
open your account, based on your
For your own protection, please sign your Card before using it. Keep in mind that
Purchases
creditworthiness.
your signature on the Card isn't a prerequisite to your obligation to pay amounts
incurred on your Account.
Using your Account
After that, this APR will vary with the
Your Account may be used to make purchases from anywhere MasterCard is
market based on the Prime Rate.
accepted.
APR for Balance
24.99%
We reserve the right to not honor transactions related to, including, but not
Transfers and Cash
limited to, gambling, ATM usage at casinos, and illegal activities.
This APR will vary with the market
You may obtain a loan from us under your Account by using your Card or
Advances
based on the Prime Rate.
a convenience check as follows: by purchasing goods or services with your
Card or your Account number; by obtaining a cash advance from a financial
Your due date is at least 23 days after
institution, by use of an ATM; by using a convenience check; or, by incurring
the close of each billing cycle. We will
charges authorized by this Agreement.
not charge you interest on purchases
From time to time, in our sole discretion, we may send you convenience
Paying Interest
if you pay your entire balance by the
checks for use in borrowing under this Agreement. All convenience checks
due date each month. We will begin
you use will be treated as cash advances under this Agreement, and subject
charging interest on balance transfers
to the terms and fees that apply to cash advances, unless we advise you
otherwise.
and cash advances on the transaction
You agree that convenience checks that you use will not be returned to you.
date.
You may not use the convenience checks to make payments on any Co-
menity Bank Account.
Minimum Interest
If you are charged interest, the charge
You agree not to use a convenience check, and we do not have to pay any
Charge
will be no less than $1.00 per credit
convenience check:
plan
o
if you are in default under this Agreement;
o
if payment of that convenience check would cause your outstanding
For Credit Card
To learn more about factors to consider
cash advance balance to exceed your cash advance limit; or
Tips from the
when applying for or using a credit
0
if we cancel or suspend your right to use convenience checks
card, visit the website of the Consumer
From time to time, in our sole discretion, we may offer you the ability to
Consumer Financial
Financial Protection Bureau at http://
transfer account balances from other credit card accounts you may have
Protection Bureau
to the Account. We may, in our sole discretion, offer promotional plans for
www.consumerfinance.gov/learnmore.
such balance transfers.
You may use the Card to obtain cash advances through certain ATMs. You
Fees
will be given a Personal Identification Number (PIN) which must be used in
order to obtain an ATM cash advance.
Annual Fee
None
o
Some limitations on ATM cash advances may apply, such as limita-
tions on dollar amount, number, or currency denominations.
Transaction Fees
o
You agree that any charges imposed by third parties for use of their
Balance Transfer
The greater of $10 or 3% of
ATM facilities will be added to your Account balance as a cash ad-
the amount of the balance
vance.
transfer.
If you make a purchase or obtain a cash advance in a foreign currency,
Cash Advance
The greater of $10 or 3%
it will be converted by MasterCard into U.S. dollars in accordance with
MasterCard Operating Regulations in effect at the time the transaction is
of the amount of the cash
processed.
advance.
o
The currency conversion rate in effect on the processing date may dif-
Convenience Checks
The greater of $10 or
fer from the rate in effect on the transaction date or the posting date.
3% of the amount of the
o
The currency conversion rate used may be the same as, greater than, or
convenience check.
less than the amount that would be calculated by conversion through
3% of each transaction in
a financial institution in the country in which the purchase or cash
Foreign Transaction
advance occurred.
U.S. dollars.
Making payments
Penalty Fees
Pay your Account by sending a check, money order, or cashier's check pay-
able in U.S. dollars, to the name and address shown on your Statement
Late Payment
Up to $35.00
specified for payments. Please don't send cash.
Returned Payment
Up to $35.00
Be sure to include your payment stub, do not staple your payment to the
stub, use the envelope provided with your Statement and don't send any
How We Will Calculate Your Balance: We use a method called
correspondence with your payment.
"daily balance." See your Account agreement for more details.
If your payment doesn't meet these requirements, it may not be credited to
your Account for up to five days, or may be rejected.
Billing Rights: Information on your rights to dispute
All written communications concerning disputed amounts, including any
transactions and how to exercise those rights is provided in your
check or other payment instrument marked with "payment in full" or similar
account agreement.
language, must be sent to 6550 North Loop 1604 East, Suite 101, San
Antonio, Texas 78247-5004.
Comenity Bank 1-800-695-1219 (TDD/TTY 1-800-695-1788)
o
We may accept a payment sent to any other address without losing any
New York Residents: New York Residents may contact the New York state Depart-
of our rights.
ment of Financial Services by telephone or visit its website for free information
o
No payment shall operate as an accord and satisfaction without our
on comparative credit card rates, fees, and grace periods. New York Department
prior written approval.
of Financial Services 1 (800) 518-8866 or www.dfs.ny.gov.
B. Keeping your account in good standing
Avoiding default
Rate Information: The following chart provides details on your variable rate(s) as
You'll be in default under this Agreement if you:
of March 1, 2014. We divide the APR by 365 to determine the daily periodic
Fail to make any payment when due
rate.
Violate any provision of this Agreement
Add to Index
APR
Daily Periodic Rate
Pass away
Become the subject of bankruptcy or insolvency proceedings
Tier 3 Purchase APR
13.74%
16.99%
0.04654%
Supply us with misleading, false, incomplete or incorrect information
Are unable or unwilling to perform the terms or conditions of this Agreement
Tier 2 Purchase APR
17.74%
20.99%
0.05750%
Fail to supply us with any information we deem necessary
Default under any other loan or agreement you have with us or any of our
Tier 1 Purchase APR
21.74%
24.99%
0.06846%
affiliates
Balance Transfers
21.74%
24.99%
0.06846%
Become incompetent
and Cash Advances
Exceed your Credit Limit
Issue a payment returned unpaid by your bank for any reason
If we consider your Account in default, we may suspend your ability to make
We start with the beginning balance on your Account each day (including
charges, close your Account, require you to pay the full amount you owe im-
unpaid interest charges and fees).
mediately or take any other action permitted by law. If applicable law requires
We subtract any payments or credit adjustments (treating any net credit
us to do so, we'll tell you in advance and/or give you the opportunity to remedy
balance as a zero balance) and add new transactions and debit adjustments
your default.
posted as of that day. This gives us the "Partial Daily Balance" for the day.
Reporting a lost or stolen card (as applicable)
We then multiply the Partial Daily Balance for the day by the Daily Periodic
If you notice the loss or theft of your credit card or a possible unauthorized use
Rate. This gives us the "Daily Interest Charge" for the day, which we add to
of your card, you should write to us immediately at PO Box 182273, Columbus,
the day's Partial Daily Balance.
Ohio 43218-2273 or call us at 1-800-695-1219 (TDD/TTY: 1-800-695-1788).
We've now determined the "Daily Balance," which will be the beginning
You will not be liable for any unauthorized use that occurs after you notify us.
balance for the following day. This results in daily compounding of interest
You may, however, be liable for unauthorized use that occurs before your notice
charges.
to us. In any case, your liability will not exceed $50.
At the end of each billing period, we add together each Credit Plan's Daily
C. Learning more about your account
Interest Charge, which gives us the total interest charge.
Credit Plans
Your Statement will show a Balance Subject to Interest Rate, which is the
Your Account may consist of a non-promotional ("Regular Revolving") Cred-
sum of the Daily Balances for each day in the billing period divided by the
it Plan and one or more promotional Credit Plans. Credit Plans offered and
total number of days.
their particular features (including but not limited to minimum purchase
Rates
requirements and minimum payment) may vary occasionally at our discre-
The Index in effect for each billing period will be the highest "Prime Rate"
tion and include one or more Regular Revolving or promotional Credit Plans.
of interest as published in the "Money Rates" section of The Wall Street
We may offer different promotional Credit Plans from time to time.
Journal for the calendar month preceding the month in which the billing pe-
If a promotional Credit Plan is offered at the time you open your Account,
riod begins, rounded upward if necessary, to the nearest .001% ("Index").
this Agreement will include information about the terms for the Plan, by
Any variable APR may increase if the Index increases.
use of an insert, attachment, or other written information provided as part
An increase or decrease in the APR will result in a corresponding increase
of this Agreement.
or decrease in the amount of interest and may increase the Total Minimum
Normal late fees, returned payment fees and all other provisions apply to
Payment.
any promotional Credit Plan, unless inconsistent with a particular Credit
Other fees and charges
Plan offering.
You agree to pay the following fees and charges:
If the promotional Credit Plan purchase isn't paid in full before the promo-
Late Fee: If you don't pay at least the Minimum Payment Due by the Pay-
tional period ends, the balance will be transferred to your Regular Revolving
ment Due Date, we will charge you a late fee.
balance.
o
The fee is $25.00 if you were not charged a late fee during any of the
Promotional Credit Plans may include:
prior six billing periods.
o Waive Interest, Payment Required o Defer Interest, Payment Required
o
Otherwise, the fee is $35.00.
o Waive Interest, Equal Payment
o Defer Interest, Low Payment
o
This fee will never exceed the minimum payment due that was due
o Waive Interest, Low Payment
o Low APR, Equal Payment
immediately prior to the date on which the fee was assessed.
o Defer Interest, Equal Payment
O Budget Payment
Returned Payment Fee: We may charge you a fee for each payment that your
Skip-payment option
bank doesn't honor for any reason.
At our discretion, we may allow you to skip making the Minimum Payment.
o
The fee is $25.00 if you were not charged a returned payment fee
Finance Charges will be assessed during the skip-payment period, but a late
during any of the prior six billing periods.
fee won't be imposed. This will not be considered a waiver of any of the
o
Otherwise, the fee is $35.00.
rights granted by this Agreement.
o
This fee will never exceed the minimum payment due that was due
All other terms of your Account apply during the skip-payment period.
immediately prior to the date on which the fee was assessed.
Credit limit
Although we may decide to do so, we aren't required to attempt to collect a
Your Credit Limit is the total maximum amount we permit you to owe us at
payment more than once.
any time.
Document Fees: If we provide you with a copy of any Statement, sales draft
You may not exceed any Credit Limit that we set for your Account.
or similar document at your request (except in connection with billing error
If you do exceed your Credit Limit, we can still charge you for all transac-
inquiries or resolution), we may charge the Account the following fee(s),
tions, interest and other charges without giving up any of our rights under
subject to any limitations of applicable law:
this Agreement.
o
Statement copy $6.00
We may change your Credit Limit at any time.
o
Sales/Credit Draft copy $6.00
Account cancellation
o
Check/Money Order copy $6.00
You may cancel your Account. You're still obligated to pay the full amount
Alternative Payment Method Fee: We may offer alternative payment meth-
you owe us.
ods that allow you to make individual, expedited payments to your Account
We may cancel your Account at any time, for any reason.
over the phone. If you choose to use this payment method, we may assess
We may refuse to authorize any transaction on your Account. We may also
the current fee we charge for this service, subject to any limitations of ap-
suspend your Account and your right to use your Card, including each Card
plicable law. Currently, that fee is up to $15.00 but may change. We'll let
you give to others.
you know the current fee before you authorize any payment(s), and you can
We may stop offering any Credit Plan at any time, for any reason.
withdraw your request if you don't want to pay the fee.
Cancellation or suspension of your Account doesn't negate your obligation
Cash Advance Fee: For any cash advance obtained in person from a finan-
to pay any amount you owe us.
cial institution or through an ATM, you will pay a transaction fee equal to
Cancellation of your Account includes each Card you give to others.
the greater of $10 or 3% of the amount of the cash advance. You take a
Cards are issued with an expiration date. We have the right not to renew
cash advance if you use a convenience check: get money through an auto-
your Account.
mated teller machine (ATM); or get money through a financial institution.
Minimum Payment
Convenience Check Fee: For any convenience check written against your
You can pay all of your Account balance at any time without
Account, you will pay a transaction fee equal to the greater of $10 or 3% of
the amount of the convenience check.
penalty.
Balance Transfer Fee: For any balance transfer from another account, you
You must pay at least the Total Minimum Payment for each billing period by
will pay a transaction fee equal to the greater of $10 or 3% of the amount
the Payment Due Date shown on your Statement.
of the balance transfer.
The Minimum Payment is the total of the minimum payments for the Regu-
Foreign Transaction Fee: For any charge or cash advance outside the United
lar Revolving and promotional Credit Plans plus any Past Due amounts.
States or in a foreign currency, you will pay a transaction fee equal to 3%
The Total Minimum Payment won't be less than $25.00. If your Account
balance is less than $25.00, you must pay the amount indicated on your
of the U.S. dollar amount of the transaction. If a charge or cash advance
Statement in full.
is converted into U.S. dollars our network providers (Visa, MasterCard, and
Discover) will select either (1) a rate from the range of rates available in
The minimum payment for each Credit Plan is calculated as follows:
wholesale currency markets for the applicable central processing date,
o
The minimum payment for the Waive Interest, Payment Required and
which may vary from the rate the network provider itself receives, or (2) a
Defer Interest, Payment Required Credit Plans will be the greater of:
(a) $5.00 or
government-mandated rate in effect for the applicable central processing
date.
(b) 3.5% (rounded up to the nearest $1.00) of the New Balance
Return Convenience Check Fee: For each convenience check written against
shown on your Statement for that Credit Plan.
your Account which fails to clear and is returned unsatisfied, you will pay a
o
The minimum payment for the Waive Interest, Equal Payment and
fee of up to $35.
Defer Interest, Equal Payment Credit Plans will be the amount of the
Stop Payment Fee: For each convenience check written against your Ac-
purchase divided by the number of months between the date of the
count on which you request us to stop payment, you will pay a fee of up to
purchase and the promotional period end date (minimum $5.00)
$35, regardless of whether we actually stop payment on the convenience
rounded up to the nearest $1.00.
check.
o
The minimum payment for the Low APR, Equal Payment Credit Plan
will be the amount of the purchase including the calculated interest
E. Other important information
charges that will be assessed from the date of purchase through the
Collection costs
end of the promotional period divided by the number of months be-
To the extent not prohibited by applicable law, you agree to pay the reasonable
tween the date of the purchase and the promotional period end date
costs for collecting amounts due, including reasonable attorney's fees and court
(minimum $5.00) rounded up to the nearest $1.00.
costs incurred by us or another person or entity.
o
The minimum payment for the Waive Interest, Low Payment and Defer
Changes
Interest, Low Payment Credit Plans will be the greater of:
We may add, change, or delete the terms of your Account. If required by appli-
(a) $5.00 or
cable law, we will give you advance written notice of the change(s) and a right to
(b) 1.0% (rounded up to the nearest $1.00) of the New Balance
reject the change(s).
shown on your Statement for that Credit Plan.
Security Interest
Payment application
You grant us a security interest in all goods you purchase through the use of the
We reserve the right to apply payments equal to or less than the Total Mini-
Account, now or at any time in the future and in all accessions to and proceeds of
mum Payment however we see fit, which may result in balances subject to
such goods. We waive any security interest we may have in your principal dwell-
lower interest rates being paid prior to other balances. This may also result
ing, to the extent that it would otherwise secure any obligation arising hereunder.
in higher interest charges.
Changes to your information
Any payment you make in excess of the required Total Minimum Payment
You agree to notify us immediately of any changes to your name, mailing address,
will be allocated to your Account as required by applicable law.
electronic mail address or telephone number(s).
Excess payments received before a deferred interest promotion expires are
Governing Law
applied to the deferred interest promotional balance first in the last two
THIS AGREEMENT IS GOVERNED BY DELAWARE AND APPLICABLE FEDERAL
billing periods of the promotional period.
LAW. THIS is THE LAW WE ARE SPEAKING OF WHEN WE REFER TO A TERM
D. Interest, fees and charges
PERMITTED OR REQUIRED BY APPLICABLE LAW.
Interest charges
Transfer of Rights/Assignment
There is no period in which you can pay back a cash advance, any other
Your rights under this Agreement can't be transferred by you, by operation of law
transaction treated as a cash advance under this Agreement, or a balance
or otherwise, but your obligations will be binding upon your estate or personal
transfer to avoid incurring a Finance Charge. For a cash advance using a
representatives. We may transfer or assign your Account and/or this Agreement,
convenience check, the date of the advance is the date the convenience
or any of our rights under this Agreement, to another person or entity at any time
check is presented to us or our agent for payment. For all other cash ad-
without prior notice to you or your consent.
vances, the date of the advance is the date you obtained the advance.
No Waiver of Rights
If you make a purchase under a Regular Revolving Credit Plan, interest
We can delay enforcing our rights under this Agreement without losing them.
charges won't be imposed in any billing period in which (i) no Previous Bal-
Severability
ance exists or (ii) payments received and credits issued by the Payment Due
If any provision of this Agreement is in conflict with applicable law, that provision
Date, equal or exceed the Previous Balance.
will be considered to be modified to conform with applicable law.
If the New Balance shown on your last Statement isn't paid in full by the
Notice to New Jersey Residents
Payment Due Date shown on your last Statement, there will be an interest
All provisions of this agreement are valid, enforceable and applicable in New
charge on each purchase from the date of purchase.
Jersey.
If you make a purchase under any Waive Interest Credit Plan, we won't
charge interest on the purchase if you pay the total purchase amount be-
F. Disputes and Reporting to Consumer Reporting Agencies
fore the end of the promotional period. If you don't pay the total purchase
Credit Reports
amount before the end of the promotional period, we'll add the remaining
You give us permission to investigate your credit record.
amount to your Regular Revolving balance. We'll also begin charging inter-
You agree that a credit report may be requested in connection with the
est on the purchase from the first day after the promotional period ends.
processing of your credit application. A report may also be requested in
If you make a purchase under any Defer Interest Promotional Credit Plan
connection with a credit extension, credit limit request, Account renewal or
and don't pay the total amount before the end of the promotional period,
update, Account collection action, or dispute investigation. Upon request,
we'll add the remaining purchase amount and the amount of accrued inter-
we will tell you the name and address of any consumer reporting agency that
est to your Regular Revolving balance.
furnished a report on you. You consent to the obtaining of such reports by
If you make a purchase under a Low APR, Equal Payment Credit Plan,
signing or otherwise submitting an application or solicitation.
interest will be assessed from the date of purchase through the end of the
You understand that we may report negative information (such as, late pay-
promotional period.
ments, missed payments, or other defaults) about your Account to con-
How we calculate Interest Charges on your Account
sumer reporting agencies.
We calculate interest separately for each Credit Plan, using a "Daily Balance"
You give us permission to provide information about your Account to con-
to determine interest charges for each billing period. Our calculation method is
sumer reporting agencies and other creditors, as well as to the retailer
as follows:
whose name appears on your Card.
Credit report disputes
Comenity Bank
If you believe the Account information we reported to a consumer reporting
PO Box 182782, Columbus, Ohio 43218-2782
agency is inaccurate, you may submit a direct dispute to Comenity Bank, PO Box
While we investigate, the same rules apply to the disputed amount as discussed
182789, Columbus, Ohio 43218-2789.
above. After we finish our investigation, we will tell you our decision. At that
Your written dispute must provide sufficient information to identify the Account
point, if we think you owe an amount and you do not pay, we may report you as
and specify why the information is inaccurate:
delinquent.
Account Information: Your name and Account number
G. Optional products
Contact Information: Your address and telephone number
Credit insurance (as applicable)
Disputed Information: Identify the Account information disputed and ex-
plain why you believe it is inaccurate
Purchasing credit insurance is optional. If you do choose to carry credit insur-
Supporting Documentation: If available, provide a copy of the section of
ance coverage, the premium charge will be added to your Account as a purchase
the credit report showing the Account information you are disputing
on the last day of each billing period. You can cancel your coverage at any time.
We will investigate the disputed information and report the results to you within
Account Assure Pro Debt cancellation (as applicable)
30 days of receipt of the information needed for our investigation. If we find that
Purchasing Account Assure Pro is optional.
the Account information we reported is inaccurate, we will promptly provide the
Your decision whether or not to purchase Account Assure Pro won't affect
necessary correction to each consumer reporting agency to which we reported
your application for credit or the terms of any existing credit agreement you
the information.
have with us.
Your Billing Rights: Keep This Document For Future Use
The monthly fee for Account Assure Pro is based on the outstanding month-
This notice tells you about your rights and our responsibilities under the Fair
ly balance on your Account each month and will be added to your State-
ment.
Credit Billing Act.
What To Do If You Find A Mistake On Your Statement
We'll provide additional information before you're required to pay for Ac-
If you think there is an error on your statement, write to us at: Comenity Bank,
count Assure Pro. This will include a copy of the terms and conditions
PO Box 182782, Columbus, Ohio 43218-2782
pertaining to Account Assure Pro.
In your letter, give us the following information:
You can cancel your Account Assure Pro at any time.
Account information: Your name and account number.
There are eligibility requirements, conditions, and exclusions that could
Dollar amount: The dollar amount of the suspected error.
prevent you from receiving benefits under Account Assure Pro.
Description of problem: If you think there is an error on your bill, describe
Be sure to carefully read the Addendum for a full explanation of the terms
of Account Assure Pro.
what you believe is wrong and why you believe it is a mistake.
You must contact us:
H. Communicating with us
Within 60 days after the error appeared on your statement.
Communicating to you about your Account
At least 3 business days before an automated payment is scheduled, if you
If we need to contact you to service your Account or to collect amounts you owe
want to stop payment on the amount you think is wrong.
to us, you give direct consent to us, as well as servicers, agents, contractors and
You must notify us of any potential errors in writing. You may call us, but if you
collectors of your Account, to communicate with you in any way, such as calling,
do we are not required to investigate any potential errors and you may have to
texting, or electronic mail via:
pay the amount in question.
1)
a cell, landline, or text number you provide, use to contact us, or at which
What Will Happen After We Receive Your Letter
we believe we can reach you (even if it is not yours),
When we receive your letter, we must do two things:
2)
any electronic mail address you provide to us or one of our merchants,
1. Within 30 days of receiving your letter, we must tell you that we received your
3)
automated dialer systems and automatic telephone dialing systems,
letter. We will also tell you if we have already corrected the error.
4)
pre-recorded or artificial voice messages and other forms of communica-
2. Within 90 days of receiving your letter, we must either correct the error or
tions.
explain to you why we believe the bill is correct.
You also agree that these communications aren't unsolicited for purposes of any
While we investigate whether or not there has been an error:
state or federal law, and you understand that this may result in additional mobile,
We cannot try to collect the amount in question, or report you as delinquent
text message, or data charges.
on that amount.
Phone monitoring
The charge in question may remain on your statement, and we may continue
To provide you with high-quality service, phone communication with us is
to charge you interest on that amount.
monitored and/or recorded.
While you do not have to pay the amount in question, you are responsible
You agree that we monitor and/or record any phone calls between you and
for the remainder of your balance.
us.
We can apply any unpaid amount against your credit limit.
Please inform all authorized cardholders of this provision, including anyone
After we finish our investigation, one of two things will happen:
acting on your behalf or making payments on this Account.
If we made a mistake: You will not have to pay the amount in question or
For Wisconsin residents:
any interest or other fees related to that amount.
If we do not believe there was a mistake: You will have to pay the amount in
If you are married, please contact us immediately upon receipt of this Agreement
question, along with applicable interest and fees. We will send you a state-
at 1-800-695-1219 (TDD/TTY 1-800-695-1788) and provide us with the name
ment of the amount you owe and the date payment is due. We may then
and address of your spouse. We are required to inform your spouse that we have
report you as delinquent if you do not pay the amount we think you owe.
opened a credit account for you.
If you receive our explanation but still believe your bill is wrong, you must write
For bankruptcy notifications:
to us within 10 days telling us that you still refuse to pay. If you do so, we cannot
All bankruptcy notices and related correspondence to Comenity Bank should be
report you as delinquent without also reporting that you are questioning your bill.
sent to the following address: Comenity Bank, Bankruptcy Department, PO Box
We must tell you the name of anyone to whom we reported you as delinquent,
182125, Columbus, Ohio 43218-2125.
and we must let those organizations know when the matter has been settled
I. Arbitration and jury trial waiver
between us.
A. Jury trial waiver
If we do not follow all of the rules above, you do not have to pay the first $50 of
TO THE EXTENT PERMITTED BY LAW, YOU AND WE WAIVE ANY RIGHT TO
the amount you question even if your bill is correct.
TRIAL BY JURY IN THE EVENT OF A LAWSUIT ARISING OUT OF OR RELATED
Your Rights If You Are Dissatisfied With Your Credit Card Purchases
TO THIS AGREEMENT. THIS JURY TRIAL WAIVER SHALL NOT AFFECT THE
If you are dissatisfied with the goods or services that you have purchased with
ARBITRATION PROVISION BELOW (INCLUDING THE JURY TRIAL WAIVER
your credit card, and you have tried in good faith to correct the problem with the
CONTAINED THEREIN). YOU AND WE EACH REPRESENT THAT THIS WAIVER
merchant, you may have the right not to pay the remaining amount due on the
IS GIVEN KNOWINGLY, WILLINGLY AND VOLUNTARILY.
purchase.
B. Notice and cure
To use this right, all of the following must be true:
Prior to bringing a lawsuit or initiating an arbitration that asserts a claim arising
1. The purchase must have been made in your home state or within 100 miles
out of or related to this Agreement (as further defined below, a "Claim"), the
of your current mailing address, and the purchase price must have been more
party asserting the Claim (the "Claimant") shall give the other party (the "Defen-
than $50. (Note: Neither of these are necessary if your purchase was based on
dant") written notice of the Claim (a "Claim Notice") and a reasonable opportu-
an advertisement we mailed to you, or if we own the company that sold you the
nity, not less than 30 days, to resolve the Claim. Any Claim Notice to you shall
goods or services.)
be sent in writing to the address we have in our records (or any updated address
2. You must have used your credit card for the purchase. Purchases made with
you subsequently provide to us). Any Claim Notice to us shall be sent by mail to
cash advances from an ATM or with a check that accesses your credit card ac-
Comenity Bank, PO Box 182436, Columbus, Ohio 43218-2436 (or any updated
count do not qualify.
address we subsequently provide). Any Claim Notice you send must provide your
3. You must not yet have fully paid for the purchase.
name, address and Account number. Any Claim Notice must explain the nature
If all of the criteria above are met and you are still dissatisfied with the purchase,
of the Claim and the relief that is demanded. You may only submit a Claim No-
contact us in writing at:
tice on your own behalf and not on behalf of any other party. No third party, other
than a lawyer you have personally retained, may submit a Claim Notice on your
7. Prohibition Against Certain Proceedings: IF YOU OR WE ELECT TO ARBI-
behalf. The Claimant must reasonably cooperate in providing any information
TRATE A CLAIM: (1) NEITHER YOU NOR WE MAY PARTICIPATE IN A CLASS
about the Claim that the other party reasonably requests.
ACTION IN COURT OR IN CLASS-WIDE ARBITRATION, EITHER AS A PLAIN-
C. Arbitration provision
TIFF, DEFENDANT OR CLASS MEMBER; (2) NEITHER YOU NOR WE MAY ACT
READ THIS ARBITRATION PROVISION CAREFULLY. IF YOU DO NOT REJECT
AS A PRIVATE ATTORNEY GENERAL IN COURT OR IN ARBITRATION; (3)
THIS ARBITRATION PROVISION IN ACCORDANCE WITH PARAGRAPH BE-
CLAIMS BROUGHT BY OR AGAINST YOU MAY NOT BE JOINED OR CONSOLI-
LOW, IT WILL BE PART OF THIS AGREEMENT AND WILL HAVE A SUBSTAN-
DATED WITH CLAIMS BROUGHT BY OR AGAINST ANY OTHER PERSON; AND
TIAL IMPACT ON THE WAY YOU OR WE WILL RESOLVE ANY CLAIM WHICH
(4) THE ARBITRATOR SHALL HAVE NO POWER OR AUTHORITY TO CONDUCT
YOU OR WE HAVE AGAINST EACH OTHER NOW OR IN THE FUTURE.
A
CLASS-WIDE ARBITRATION, PRIVATE ATTORNEY GENERAL ARBITRATION
1. Your Right to Reject: If you don't want this Arbitration Provision (and any
OR MULTIPLE-PARTY ARBITRATION.
prior arbitration agreement between you and us ("Prior Arbitration Agreement"))
8. Location and Costs of Arbitration: Any arbitration hearing that you attend
to apply, you may reject it by mailing us a written rejection notice which gives
must take place at a location reasonably convenient to you. We will pay any and
the name of each Cardholder and contains a statement that you (both of you, if
all fees of the Administrator and/or the arbitrator if applicable law requires us
more than one) reject the Arbitration Provision of this Agreement. The rejection
to, if you prevail in the arbitration or if we must bear such fees in order for this
notice must be sent to us at Comenity Bank, PO Box 182422, Columbus, Ohio
Arbitration Provision to be enforced. If you demand an arbitration, we will pay
43218-2422. A rejection notice is only effective if it is signed by you (all of you,
your reasonable attorneys' and experts' fees if you prevail or if we must bear such
if more than one) and if we receive it within thirty (30) calendar days after the
fees in order for this Arbitration Provision to be enforced. Also, we will bear any
date we first provide you with a credit card agreement or written notice providing
fees if applicable law requires us to.
you a right to reject this Arbitration Provision. Your rejection of this Arbitration
9. Governing Law: This Arbitration Provision involves interstate commerce and
Provision will not affect any other provision of this Agreement or your ability to
is governed by the Federal Arbitration Act, 9 U.S.C. 1-16 (the "FAA"), and
obtain credit.
not by any state arbitration law. The arbitrator must apply applicable substantive
2. Parties Subject to Arbitration: Solely as used in this Arbitration Provision (and
law consistent with the FAA and applicable statutes of limitations and claims of
not elsewhere in this Agreement), the terms "we," "us" and "our" mean (a) Co-
privilege recognized at law. The arbitrator may award any remedy provided by the
menity Bank, any parent, subsidiary or affiliate of the Bank and the employees,
substantive law that would apply if the action were pending in court (including,
officers and directors of such companies (the "Bank Parties"); and (b) any other
without limitation, punitive damages, which shall be governed by the Constitu-
person or company that provides any services in connection with this Agreement
tional standards employed by the courts). At the timely request of either party,
if you assert a Claim against such other person or company at the same time you
the arbitrator must provide a brief written explanation of the basis for the award.
assert a Claim against any Bank Party.
10. Right to Discovery: In addition to the parties' rights to obtain discovery
3. Covered Claims: "Claim" means any claim, dispute or controversy between
pursuant to the arbitration rules of the Administrator, either party may submit
you and us that in any way arises from or relates to this Agreement, the Account,
a written request to the arbitrator to expand the scope of discovery normally al-
the issuance of any Card, any rewards program, any prior agreement or account.
lowable under the arbitration rules of the Administrator. The arbitrator shall have
"Claim" includes disputes arising from actions or omissions prior to the date
discretion to grant or deny that request.
any Card was issued to you, including the advertising related to, application for
11. Arbitration Result and Right of Appeal: Judgment upon the arbitrator's
or approval of the Account. "Claim" has the broadest possible meaning, and
award may be entered by any court having jurisdiction. The arbitrator's decision
includes initial claims, counterclaims, cross-claims and third-party claims. It
is final and binding, except for any right of appeal provided by the FAA. However,
includes disputes based upon contract, tort, consumer rights, fraud and other
if the amount of the Claim exceeds $50,000 or involves a request for injunctive
intentional torts, constitution, statute, regulation, ordinance, common law and
or declaratory relief that could foreseeably involve a cost or benefit to either party
equity (including any claim for injunctive or declaratory relief). "Claim" does not
exceeding $50,000, any party can, within 30 days after the entry of the award
include disputes about the validity, enforceability, coverage or scope of this Arbi-
by the arbitrator, appeal the award to a three-arbitrator panel administered by the
tration Provision or any part thereof (including, without limitation, the prohibition
Administrator. The panel shall reconsider anew any aspect of the initial award
against class proceedings, private attorney general proceedings and/or multiple
requested by the appealing party. The decision of the panel shall be by majority
party proceedings described in Paragraph C.7 (the "Class Action Waiver"), the
vote. Reference in this Arbitration Provision to "the arbitrator" shall mean the
last sentence of Paragraph C.13 and/or this sentence); all such disputes are for
panel if an appeal of the arbitrator's decision has been taken. The costs of such
a court and not an arbitrator to decide. However, any dispute or argument that
an appeal will be borne in accordance with Paragraph C.8. above.
concerns the validity or enforceability of the Agreement as a whole is for the
12. Rules of Interpretation: This Arbitration Provision shall survive the repay-
arbitrator, not a court, to decide.
ment of all amounts owed under this Agreement, the closing of the Account, any
4. Starting an Arbitration: Arbitration may be elected by any party with respect
legal proceeding and any bankruptcy to the extent consistent with applicable
to any Claim, even if that party has already initiated a lawsuit with respect to a
bankruptcy law. In the event of a conflict or inconsistency between this Arbitra-
different Claim. Arbitration is started by giving a written demand for arbitration
tion Provision, on the one hand, and the applicable arbitration rules or the other
to the other party. We will not demand to arbitrate an individual Claim that you
provisions of this Agreement, on the other hand, this Arbitration Provision shall
bring against us in small claims court or your state's equivalent court, if any. But
govern. This Arbitration Provision replaces any Prior Arbitration Agreement.
if that Claim is transferred, removed or appealed to a different court, we then
13. Severability: If any portion of this Arbitration Provision, other than the Class
have the right to demand arbitration.
Action Waiver, is deemed invalid or unenforceable, the remaining portions shall
5. Choosing the Administrator: "Administrator" means the American Arbitration
nevertheless remain in force. If a determination is made that the Class Action
Association ("AAA"), 1633 Broadway, 10th Floor, New York, NY 10019, www.
Waiver is unenforceable, only this sentence of the Arbitration Agreement will re-
adr.org; JAMS, 620 Eighth Avenue, 34th Floor, New York, NY 10018, www.
main in force and the remaining provisions shall be null and void, provided that
jamsadr.com; or any other company selected by mutual agreement of the par-
the determination concerning the Class Action Waiver shall be subject to appeal.
ties. If both AAA and JAMS cannot or will not serve and the parties are unable
14. Special Payment: If (1) you submit a Claim Notice in accordance with
to select an Administrator by mutual consent, the Administrator will be selected
Paragraph B above on your own behalf (and not on behalf of any other party);
by a court. The arbitrator will be appointed by the Administrator in accordance
(2) we refuse to provide you with the relief you request; and (3) an arbitrator
with the rules of the Administrator. However, the arbitrator must be a retired or
subsequently determines that you were entitled to such relief (or greater relief),
former judge or a lawyer with at least 10 years of experience. You get to select the
the arbitrator shall award you at least $5,100 (plus any fees and costs to which
Administrator if you give us written notice of your selection with your notice that
you are entitled).
you are electing to arbitrate any Claim or within 20 days after we give you notice
that we are electing to arbitrate any Claim (or, if you dispute our right to require
comenity®
Comenity Bank, Wilmington, DE
arbitration of the Claim, within 20 days after that dispute is finally resolved).
If you do not select the Administrator on time, we may do it. Notwithstanding
410ALLC071513
any language in this Arbitration Provision to the contrary, no arbitration may be
OVECCA0314
administered, without the consent of all parties to the arbitration, by any Admin-
istrator that has in place a formal or informal policy that is inconsistent with the
Class Action Waiver.
6. Court and Jury Trials Prohibited; Other Limitations on Legal Rights: IF YOU
OR WE ELECT TO ARBITRATE A CLAIM, YOU WILL NOT HAVE THE RIGHT TO
PURSUE THAT CLAIM IN COURT OR HAVE A JURY DECIDE THE CLAIM. ALSO,
YOUR ABILITY TO OBTAIN INFORMATION FROM US IS MORE LIMITED IN AN
ARBITRATION THAN IN A LAWSUIT. OTHER RIGHTS THAT YOU WOULD HAVE
IF YOU WENT TO COURT MAY ALSO NOT BE AVAILABLE IN ARBITRATION.
Pricing Addendum
Interest Rates and Interest Charges
Annual Percentage Rate
Prime rate plus
13.74%, 17.74% or 21.74%
(APR) for Purchase
This APR will vary with the market based on the Prime Rate.
APR for Balance Transfers
Prime rate plus 21.74%.
and Cash Advances
This APR will vary with the market based on the Prime Rate.
Paying Interest
Your due date is at least 23 days after the close of each billing cycle. We will not
charge you interest on purchases if you pay your entire balance by the due date
each month. We will begin charging interest on cash advances and balance transfers
on the transaction date.
Minimum Interest Charge
If you are charged interest, the charge will be no less than $1.00 per credit plan.
Fees
Annual Fee
None
Transaction Fees
Balance Transfer
The greater of $10 or 3% of the amount of the balance transfer.
Cash Advance
The greater of $10 or 3% of the amount of the cash advance.
Convenience Check
The greater of $10 or 3% of the amount of the convenience check.
Foreign Transaction
3% of each transaction in U.S. dollars.
Penalty Fees
Late Payment
Up to $35
Returned Payment
Up to $35
Balance Computation
We use a method called "daily balance (including new purchases)."
Method