Common use of Penalty Pricing Clause in Contracts

Penalty Pricing. If you fail to make a minimum monthly payment by the payment due date, exceed the credit limit, or make a payment to us that is not honored, we may increase the ANNUAL PERCENTAGE RATE on all account balances (including any promotional rate). In determining the adjusted ANNUAL PERCENTAGE RATE, we may consider the length of time the Account has been open, the severity and timing of any Account default or delinquency, as well as Account usage and performance. If Penalty Pricing is applied to your Account, it will become effective with the first day of the next billing cycle and the daily periodic rate we use to compute the FINANCE CHARGE on Purchases is a variable rate which is 1/365th of the sum of the Prime Rate plus 20.99%. The corresponding ANNUAL PERCENTAGE RATE of the FINANCE CHARGE is the Prime Rate plus 20.99%.

Penalty Pricing. If you fail to make a minimum monthly payment by the payment due date, exceed the credit limit, or make a payment to us that is not honored, we may increase the ANNUAL PERCENTAGE RATE on all account balances (including any promotional rate). In determining the adjusted ANNUAL PERCENTAGE RATE, we may consider the length of time the Account has been open, the severity and timing of any Account default or delinquency, as well as Account usage and performance. If Penalty Pricing is applied to your Account, it will become effective with the first day of the next billing cycle cycle, and the daily periodic rate we use to compute the FINANCE CHARGE on Purchases Cash Advances is a variable rate which is 1/365th of the sum of the Prime Rate plus 20.99%. The corresponding ANNUAL PERCENTAGE RATE of the FINANCE CHARGE is the Prime Rate plus 20.99%.

Penalty Pricing. If you fail to make a minimum monthly payment by the payment due date, exceed the credit limit, or make a payment to us that is not honored, we may increase the ANNUAL PERCENTAGE RATE on all account balances (including any promotional rate). In determining the adjusted ANNUAL PERCENTAGE RATE, we may consider the length of time the Account has been open, the severity and timing of any Account default or delinquency, as well as Account usage and performance. If Penalty Pricing is applied to your Account, it will become effective with the first day of the next billing cycle cycle, and the daily periodic rate we use to compute the FINANCE CHARGE on Purchases Cash Advances is a variable rate which is 1/365th of the sum of the Prime Rate plus 20.9925.24%. The corresponding ANNUAL PERCENTAGE RATE of the FINANCE CHARGE is the Prime Rate plus 20.9925.24%.

Penalty Pricing. If you fail to make a minimum monthly payment by the payment due date, exceed the credit limit, or make a payment to us that is not honored, we may increase the ANNUAL PERCENTAGE RATE on all account balances (including any promotional rate). In determining the adjusted ANNUAL PERCENTAGE RATE, we may consider the length of time the Account has been open, the severity and timing of any Account default or delinquency, as well as Account usage and performance. If Penalty Pricing is applied to your Account, it will become effective with the first day of the next billing cycle and the daily periodic rate we use to compute the FINANCE CHARGE on Purchases is a variable rate which is 1/365th of the sum of the Prime Rate plus 20.9925.24%. The corresponding ANNUAL PERCENTAGE RATE of the FINANCE CHARGE is the Prime Rate plus 20.9925.24%.