264 / 619
-~ SEARS
REVOLVING CHARGE ACCOUNT .
C
-•.., '
AND SECURITY AGREEMENT
~
•-
SEARS, ROEBUCK AND CO.
In consideration of your selling merchandise and services for
personal, family or household purposes to me on my Sears
Revolving Charge Account I agree to the following regarding all
purchases made by me or on my Sears Revolving Charge
Account Identification:
1. I have the privilege of a 30-day Charge Account, in which case
I will pay the full amount of all purchases within 25 days from
the date of each billing statement.
2. If I do not pay the full amount for all purchases within 25 days
from the date of each billing statement, the following terms
shall be in effect:
(A) I will pay the Deferred Payment Price for each item pur–
chased consisting of:
(1) The cash sale price, and
(2) The FINANCE CHARGE, which will be the greater of
(a) a minimum charge of 50¢ or (b) an amount deter–
mined by applying a periodic rate of 1.5% per month to
the previous balance. If the FINANCE CHARGE exceeds
50¢, the ANNUAL PERCENTAGE RATE will be 18%.
(B) I will pay for all purchases in monthly installments which
will be computed according to the following schedule:
The
The
scheduled
scheduled
II the unpaid
monthly payment
II the unpaid
monthly payment
balance is:
will be:
balance is:
will be:
$ .o1
to
$ 10.00
Balance
$300.01
to
$350.00
$30.00
10.01
to
150.00
$10.00
350.01
to
400.00
35.00
I will pay each monthly installment computed according
to the schedule as stated at left upon receipt of each
statement. If I fail to pay any installment in full when due,
you may, at your option, take back the merchandise or
affirm the sale and hold me liable for the full balance on
my account which shall be immediately due. Ownership
of the merchandise purchased on this account shall
remain in Sears until I have paid the purchase price in
full. My installment payments shall be applied as follows:
in the case of items purchased on different dates, the
first purchased shall be deemed first paid for; in the
case of items purchased on the same date, the lowest
priced shall be deemed first paid for. I have risk of loss
or damage to merchandise.
(C) You are to send me a statement each month which
will show the unpaid balance for purchases, the
FINANCE CHARGE, and the amount of monthly in–
stallment coming due.
(D) I have the right to pay all or any portion of my
account in advance.
3. You are authorized to investigate my credit record
and report to proper persons and bureaus my per–
formance of this agreement.
NOTICE TO BUYER: DO NOT SIGN THIS CONTRACT
BEFORE YOU READ IT OR IF IT CONTAINS BLANKS.
YOU HAVE THE RIGHT TO PAY IN ADVANCE THE
FULL AMOUNT DUE.
150.01
to
200.00
15.00
400.o1
to
450.oo40.00
ACCEPTED, SEARS, ROEBUCK AND CO. Z
200.01
to
250.00
20.00
450.01
to
500.00
250.01
to
300.00
25.00
Over
$500.00
45.00
1/10
of
-i
::i:
BY----------------------~
r
account bal.
Date_____________________
§
PLEASE SIGN AGREEMENT ON CUSTOMER"S SIGNATURE LINE ABOVE)
---------------------------~
MR.
MRS.
~~~fsE ~~FJT=)--(=F1=R=sT=-N_A_M=E-)-----,-M-1D=D-LE-1N=IT=1A_L_)
______ (L-A=sT-NA-M-E)
Print names of other members of family
authorized to buy on your account.
Duplicate identification will be issued.
ADDRESS----------------------------
ZIP
CITY______________STAT
CODE.______ 2--------------
MARRIED 0 WIDOWED 0 WIFE"S
NUMBER OF
PHONE NO._________AGE
SINGLE
0 DIVORCED O FIRST NAME_________DEPENDENTS_____
HOW LONG AT
MONTHLY RENT OR
PRESENT ADDRESS_____ OWN 0
RENT-FURNISHED 0
RENT-UNFURNISHED 0
BOARD 0
MORTGAGE PAYMENTS
$·------
NAME OF
STREET
CITY
LANDLORD_____________.ADDRESS____________ AND STATE____________
~
0
.fl~~~ ~~DfRE{~Ell~ )_EJ>JR~~~~
t8:G
-----------
STREET
CITY
EMPLOYER--------------------ADDRESS____________AND STATE______
SOCIAL
TIME CARD OR
MO.
O
HOW LONG____OCCUPATION_______SECURITY NO.________BADGE NO.____EARNINGS $___WKLY. O
FORMER EMPLOYER
HOW
(IF LESS THAN l YR. WITH PRESENT EMPLOYER)•------------------------ LONG_______
NAME OF
ADDRESS OF
WIFE'S
WIFE"S EMPLOYER_____________WIFE'S EMPLOYER______________WEEKLY INCOME$.____
SAVINGS
0
NAME OF
CHECKING
0
YOUR BANK______________
S_T_R-EE_T_A_D-DR~E-S_S
__________c_1T=Y-A-N=D-s=T-AT=E----LOAN ACC'T NO.a
EXPLAIN OTHER INCOME. IF ANY-------------------------------------
PREVIOUS
0
YES
SEARS ACCOUNT
0
NO
AT WHAT
ACCOUNT
IS ACCOUNT
0 YES
SEARS STORE ________NO._______PAID IN FULL 0 NO
DATE FINAL
PAYMENT MADE._____
ACCOUNTS AT
!
OPEN
I
OTHE~:TORES
l _____ (_N-AM-E=-o=F=-F=1R=M-)-----,s=T=R=EE=T-A=D=D=RE=s=si----,c=1=TY_A_N=D-s=T-AT=E-)----,A=c=co=u-N=T-N=o-.) CLOSED
BANK LOANS,
I
OPEN
I
FINANCE, ETC.
2
-----,=N-AM"'"E=-=-oF=-F=1=RM"")-----,=sT=R=E=ET""'A=D=D=RE=s=s-)----,=c1=TY'"'"A"'"'N""'D'""'s=T"'"A=TE""l----cA""c=c=ou""N"'T-N"'o-.)- CLOSED
I
RELATIVE OR
PERSONAL REFERENCE_________
""'cs=T=RE=E=T-A=D=DR=E=ss=i-----------,=c=n"'"Y"""A=ND~sT=A=TE=)----------