
Financing Now Avaliable.....
Apply for credit and make low monthly payments.
Drug Rehab is expensive. In fact most people are not getting the treatment they need because they simply dont have money laying around to use for treatment.
Well now you dont have worry about where to get the money for your loved one to get the help they need. You can make low monthly payments starting at $159.00 a month and up, depending on the loan amount, at a low interest rates.
Don't wait till the problem gets worse, get approved for the help you need.
READ BEFORE SUBMITTING APPLICATION
TRUTH IN LENDING DISCLOSURES - The
information about the costs of the card described in this application is
accurate as of June 1, 2008. This information may have changed after that
date.
Standard Terms and Conditions
|
Method of Computing the Balance
for Purchases |
Average Daily Balance Method,
including New Purchases |
|
Minimum Monthly Payment |
The greater of $25 or 3.25% of your
outstanding balance. |
|
Over the Credit Limit Fee |
$29 |
|
Annual Fee |
$39 |
|
Minimum Finance Charge |
None |
|
Delinquency Charge |
$25 on balances of $250 or less; $39
on balances greater than $250 |
|
Grace Period for Repayment of
Balance for New Purchases |
25 days from statement date when
beginning statement balance is zero |
*The Prime Rate is
determined as the Prime Rate published in the Wall Street Journal on the Friday
following the last Thursday of each month.
By submitting this application, I acknowledge
the following: I�m applying for an Enhance Patient Financing credit card
issued through CIT Bank. I am a
YOUR BILLING RIGHTS - KEEP THIS NOTICE FOR FUTURE USE
This notice contains important 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 on a separate sheet
at ATTN: Complaint Dept., HC Processing Center,
In your letter, give us the following information: Your name and
account number; the dollar amount of the suspected error; describe the error and
explain, if you can, why you believe there is an error. If you need more
information, describe the item you are not sure about.
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 then 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.
Special Rules for Credit Card Purchases.
If you have a problem with the quality of goods
or services that you purchased with your Account, and you have tried in good
faith to correct the problem with the Merchant/Provider, you may have the right
not to pay the remaining amount due on the goods or services. There are two
limitations on this right: (a) You must have made the purchase in your home
state or, if not within your home state, within 100 miles of your current
mailing address; and (b) The purchase price must have been more than $50. These
limitations do not apply if we own or operate the Merchant/Provider, or if we
mailed you an advertisement for the property or services.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR
OPENING A NEW ACCOUNT
To help the government
fight the funding of terrorism and money laundering activities, Federal law
requires all financial institutions to obtain, verify, and record information
that identifies each person who opens an account. What this means for you: When
you open an account, we will ask for your name, address, date of birth and other
information that will allow us to identify you. We may also ask to see your
driver's license or other identifying documents.
YOUR EFT AUTHORIZATION
I authorize my financial institution to pay and to charge to my account by and payable to the order of CIT Bank or its assigns. I also agree to the terms of the electronic funds transfer (EFT), as stated below:
I authorize CIT Bank or its assigns to begin
monthly deductions for the minimum monthly payment due on my Account and for the
financial institution named below to pay each amount from my checking account. I
understand that I may cancel this authorization by notifying HC Processing
Center in writing to remove my account from EFT. HC Processing Center will have
30 days to change my billing. CIT Bank reserves the right to terminate my
participation in EFT. A voided, blank check (or a copy) must be submitted
along with this authorization section to HC Processing Center,
Name of Financial Institution:
_______________________________________________________________
Cardholder Signature: _______________________________________________ Date: ________________
Be sure to retain a copy of this document for your records.
325OVEPFE2 - Cardholder Agreement Terms and Conditions 6/08
This Agreement will govern your credit card Account once your application is approved by us. In this Agreement, the words �you� and �your� mean the applicant(s) shown on the application and anyone else you authorize or permit to use your account. The words �we�, �us�, and �our� mean CIT Bank, the issuer of the card, or its assigns.
1. USE OF CARD: Subject to the terms and conditions set forth in this Agreement, you may use your card to purchase merchandise or services from Merchants who participate in this credit card plan (hereinafter referred to as the �Merchant�). Before contracting for the purchase of any goods or services on credit, you must first notify the Merchant of your intention to charge your purchase on your card and obtain the Merchant�s approval. We will not extend credit to you for such a purchase unless prior notice and approval have been given, and we will not be liable if any Merchant refuses to honor your card. The Merchant will prepare and submit a charge slip for each purchase and/or submit the charge electronically to us for payment.
2. PROMISE TO PAY: You promise to pay, in accordance with the account terms and payment schedule set forth in this Agreement (including any amendments which may be made from time to time), all credit extensions made by us for any goods and services purchased and all finance charges, fees and other charges you owe.
3. MONTHLY BILLING STATEMENT: We�ll send you a statement (bill) at the end of each monthly billing cycle during which purchases are posted to your account or at the end of which there is a balance due us. You agree to examine each monthly billing statement and to notify us immediately of any charge or item that you dispute.
4. MINIMUM PAYMENTS: Your minimum monthly
payment will be the greater of 3.25% of the outstanding balance, or $25; or, if
your total balance is less than $25, your minimum payment will be your balance.
Your minimum payment will be rounded up to the nearest whole dollar. Any past
due amount you owe and any amounts that exceed your credit limit may be included
in the minimum payment due. Paying more than the minimum payment due in one
billing cycle will not allow you to skip payments in the cycles that follow.
Unless promotional terms apply, a minimum payment is due every billing cycle, as
long as you have a balance on your account.
5.
HOW WE APPLY YOUR PAYMENTS: Your payments will be credited to your
account when received with the remittance stub at our Payment Address as shown
on your monthly billing statements.
If you send your payment to any location other than the designated address,
credit for your payments may be delayed up to 5 days.
Application of your payments will be allocated in the manner we
determine, in accordance with applicable law.
If you overpay your balance, we will send you a check for the amount of
the overpayment providing the payment has cleared your financial institution.
Your available credit will be increased by the amount of your payment
within 14 days after receipt of your payment.
6.
GRACE PERIOD AND FINANCE CHARGES: Unless promotional terms are in
effect, the following terms and conditions shall apply:
If the beginning balance on your statement is zero, you have 25 days from
statement date to pay new charges in full without incurring FINANCE CHARGES.
Otherwise, FINANCE CHARGES may be assessed for the number of days a
balance remained on your account.
To figure and impose the FINANCE CHARGES during any billing cycle, we will apply
a �Daily Periodic Rate� to the average daily balance of your account, including
current transactions. The �Daily
Periodic Rate� for any billing cycle is calculated by dividing the Annual
Percentage Rate (APR) by 365.
Annual Percentage Rate (APR) -
Your Standard APR
shall be variable and the greater of: a.) a daily factor of .06299% (Minimum
APR of 22.99%), or
b.) 14.99% plus the Prime Rate.
The Prime Rate may change monthly and your APR may change if the Prime
Rate changes; �Prime Rate� shall be determined as the Prime Rate published in
the Wall Street Journal on the Friday following the last Thursday of the month.
As of June 1, 2008, the Standard APR
is a daily factor of .06299%, which is an APR
of 22.99% divided by 365.
Default
APR: -
If you do not make your Minimum Payment by the Payment Due Date printed
on your statement, or if a payment you make is not honored by your financial
institution, the Default APR, rather than the Standard APR, may apply to your
existing and new balances effective with the first day of the billing cycle in
which you missed your Payment Due Date. The Default APR
is a variable rate of 21.99%
plus the Prime Rate.
As of June 1, 2008, the Default APR
is a daily factor of .07395% which is 26.99% divided by
365. Neither the Standard APR nor the Default APR shall exceed a Maximum APR
of 29.99%.
At our discretion, your
account(s) may be returned to the applicable Standard APR after 12 months of
receipt of on-time payments of at least the Minimum Payment(s).
Balance Subject to Finance
Charges � Any daily balance of less than zero will be treated as zero.
6A.
ANNUAL FEE:
An Annual Fee of $39
will be assessed to your account the first month your account has a charge.
Thereafter, the Annual Fee will be assessed each year in the anniversary month
of your first charge.
6B. SERVICE CHARGE:
None.
7. CREDIT LIMIT: We will establish a credit limit for you, which will be the maximum amount of credit that can be outstanding on your account at any time. You agree that you will not use or permit others to use your card to obtain credit if it would cause the outstanding balance of your account to exceed your credit limit. However, we may, at our option, without waiving any of our rights, recognize transactions and extend credit to you even if such extensions would cause your outstanding balance to exceed your credit limit. In that event, you agree to pay on demand all credit extended in excess of your credit limit.
8. RETURNED ITEM FEE: A fee of $25 will be charged each time a payment on your account is returned unpaid. This fee amount may be changed by us from time to time upon 10 days prior written notice.
9. DELINQUENCY CHARGE: If you fail to make your Minimum Payment by the Payment Due Date shown on your statement, a delinquency charge of $25 will be imposed on balances of $250 or less; or $39 on balances greater than $250. This delinquency charge amount may be changed by us from time to time without prior notice.
10. EXCEEDING YOUR CREDIT LIMIT: We will charge a $29 fee for each billing period in which your balance exceeds your credit limit. You may request a credit limit increase at any time.
11. ADDITIONAL CHARGES: At our discretion, we may impose fees for services requested by you in connection with your account (hereinafter referred to as �Additional Charges�), including, but not limited to, stop payment charges, searches, copies of documents, processing and handling fees for automated checks or drafts and for credit limit increases. You may contact us at 888-750-6795 for the current fee schedule of additional charges.
12. ENTIRE BALANCE DUE: If you miss a payment or break one of your promises under this Agreement, we can demand payment of the entire outstanding balance of your account at once. (The only exception is a valid dispute over an alleged billing error.) We can also do this if you made any false or misleading statement on your application, if you become insolvent or are subject to bankruptcy proceedings, or if you die.
13. COLLECTION COSTS: To the extent permitted by applicable law, you promise to pay all collection costs including reasonable attorney�s fees, provided the attorney is not our salaried employee.
14. NOTICES: If we have to notify you of anything concerning your account, we will use your name and address as it appears on our records. If we do this, the notice will be effective. If you need to contact us, all written communications, including written communications concerning disputed amounts and any check or other payment instrument that (a) indicates that the payment constitutes �payment in full� or is tendered as full satisfaction of a disputed amount, or (b) is tendered with other conditions or limitations, must be mailed to ATTN: HC Processing Center, Customer Service, P.O. Box 829, Springdale, AR 72765-0829.
15. INVALIDITY: If one or more provisions of this agreement are declared invalid or unenforceable, the remaining conditions and terms will stand on their own and will not be affected.
16. CHANGING OUR AGREEMENT: Subject to provisions of applicable law, we can change the terms of this Agreement at any time, and the new terms will be effective on the date of the change or on the day we specify. If the law requires us to notify you in a certain way, we will comply.
17. AUTHORIZATION FOR RELEASE OF CREDIT INFORMATION: You agree that we can report to Merchants on the status of your account, including information about balances and payment history, and we can answer questions and requests from others for credit and experience information about you and your accounts with us.
18. ASSIGNMENT: We have the right to assign any amounts you owe us. We can also assign and transfer our rights under this agreement.
19. LOST OR STOLEN CARDS: If your card is lost or stolen, you promise to notify us at once. Call 888-750-6795.
20. LIABLITY FOR UNAUTHORIZED USE: You may be liable for the unauthorized use of your card. You will not be liable for any unauthorized use that occurs after you notify us by calling 888-750-6795 or in writing at the address given in Section 14, above, of the loss, theft, or possible unauthorized use. In any case, your liability will not exceed $50.
21. CANCELLATION: We can cancel your card at any time. If cancelled, you promise to destroy the card immediately. We can terminate or modify all or any part of your card privileges at any time.
22.
GOVERNING LAW:
This Agreement and all transactions under it
will be governed by the laws of the State of
23. ARBITRATION: This Arbitration Provision sets forth the circumstances and procedures under which Claims (as defined below) shall be arbitrated instead of litigated in court. As used in this Arbitration Provision, the term �Claim� means any claim, dispute, or controversy between you and us arising from or relating to this Cardholder Agreement (the �Agreement�) in excess of $5000. �Claim� includes claims of every kind and nature, including but not limited to initial claims, counterclaims, cross-claims and third-party claims and claims based upon contract, tort, fraud and other intentional torts, statute, common law and equity.
The term �Claim� is to be given the broadest possible meaning and includes, by way of example and without limitation, any claim, dispute or controversy that arises from or relates to (a) the credit card account (�Account�) created by the Agreement or any prior agreement, or any balances on the Account, (b) advertisements, promotions or oral or written statements related to the Account, goods or services financed under the Account or the terms of financing and (c) your application for the Account. Any Claim shall be resolved by arbitration pursuant to this Arbitration Provision and the Code of Procedure (�Code�) of the National Arbitration Forum (�NAF�) in effect at the time the Claim is filed. (If for any reason the NAF is unable or unwilling or ceases to serve as arbitration administrator, another nationally recognized arbitration organization utilizing a similar code of procedure will be substituted by us.)
NEITHER YOU NOR WE WILL HAVE THE RIGHT TO LITIGATE A CLAIM IN COURT OR HAVE A JURY TRIAL ON A CLAIM, OR TO ENGAGE IN PRE-ARBITRATION DISCOVERY EXCEPT AS PROVIDED FOR IN THE NAF CODE. FURTHER, YOU WILL NOT HAVE THE RIGHT TO PARTICIPATE AS A REPRESENTATIVE OR MEMBER OF ANY CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO ARBITRATION. THE ARBITRATOR�S DECISION WILL BE FINAL AND BINDING. NOTE THAT OTHER RIGHTS THAT YOU WOULD HAVE IF YOU WENT TO COURT MAY ALSO NOT BE AVAILABLE IN ARBITRATION.
