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MASSACHUSETTs-NOTICE TO BUYER:
(1) Do not sign this agreement if any of the spaces intended
for the agreed terms are left blank.
(2) You are entitled to a copy of this agreement at the1ime
you sign it.
(3) You may at any time pay off the full unpaid balance
under this agreement.
(4) You may cancel a purchase under this agreement If it
has been consummated by a party thereto at a place
other than the address of the seller which may be his
main office or branch thereof; provided, you notify the
seller in writing at his main office or branch by ordinary
mail posted, by telegram sent or by delivery, not later
than midnight of the third business day following a
purchase under this agreement.
NEW YORK- NOTICE TO THE BUYER:
1. Do not sign
this credit
agreem~mt
before you read it or if it contains any
blank space.
2. You are entitled to a completely filled in
copy of this credit agreement.
VERMONT - NOTICE TO THE BUYER-·DO NOT SIGN
THIS AGREEMENT IN BLANK. YOU ARE ENTITLED TO A
COPY OF THE AGREEMENT AT THE TIME YOU SIGN.
KEEP IT TO PROTECT YOUR LEGAL RIGHTS.
WASHINGTON-NOTICE TO BUYER:
(a) Do not sign this retail charge agreement before you
read it or if any spaces intended for the agreed terms are
left blank.
(b) You are entitled to a copy of this charge agreement at
the time you sign it.
(c) You may at any time pay off the full unpaid balance
under this charge agreement.
(d) The monthly service charge may not lawfully exceed
the greater of one percent of the outstanding balance
(twelve percent per year computed monthly) or one
dollar.
,
(e) You may cancel any purchases made under this charge
agreement if the seller or his representative solicited In
person such purchase, and you sign an agreement for
such purchase, at a place other than the seller's
business address shown on the charge agreement, by
sending notice of such cancellation by certified mall
return receipt requested to the seller at his address
shown on the charge agreement, which notice shall be
posted not later than midnight of the third day (excluding
Sundays and holidays) following your signing of the
purchase agreement. If you choose to cancel this
purchase, you must retum or make available to seller at
the place of delivery any merchandise, in its original
condition, received by you under this purchase
agreement.
J.
C. Penney Company, Inc.
1301 Avenue of the Americas
New York, N. Y. 10019
JCPenney Retail Installment Credit Agreement (Contract)
(keep this copy, pages 367-369, for your records)
APPLICANT'S SIGNATURE
DATE
Vice President and
Director of Credit
CO-,\PPLICANT'S SIGNATURE
(for Joint Accounts only)
DATE
IN CASE OF ERRORS OR INQUIRIESABOUT YOUR BIU
The Federal Truth in Lending Act and the Utah Uniform Consumer
Credit Code require prompt correction of billing mistakes.
1. If you want to preserve your rights under the Act, here's what to
do it you think your bill is wrong or it you need more information
about an item on your bill:
a. Do not write on the bill. On a separate sheet of paper write
(you may telephone your inquiry but doing ao wlll not
preserve your rights under this law) the following:
i.
Your name and account number.
ii. A description of the error and an explanation (to the
extent you can explain) why you believe it is an error. If
you only need more information, explain the item you are
not sure about and, if you wish.ask for evidence of the
charge such as a copy of the charge slip. Do not send in
your copy of a sales slip or other document unless you
have a duplicate copy for your records.
iii. The dollar amount of the suspected error.
iv. Any other information (such as your address) which you
think will help us to identify you or the reason tor your
complaint or inquiry.
b. Send your billing error notice to the address which appears
on your bill after "Send Inquiries to:".• Mail it as soon as you
can, but in any case, early enough to reach us within
60
days
after the bill was mailed to you.
2. We must acknowledge all letters pointing out possible errors
within
30
days of receipt, unless we are able to correct your bill
during the 30 days.Within 90 days after receiving your letter, we
must either correct the error or explain why we believe the bill
was correct. Once we have explained the bill, we have no further
obligation to you even though you still believe there is an error,
except as provided in paragraph 5 below.
3. After we have been notified, neither we nor any attorney nor a
collection agency may send you collection letters or take other
collection action with respect to the amount in dispute; but
periodic statements may be sent to you, and the disputed
amount can
be
applied against your credit limit. You cannot be
threatened with damage to your credit rating or sued for the
amount in question. nor can the disputed amount
be
reported to
a credit bureau or to other creditors as delinquent until we have
answered your inquiry. However, you remain obligated to pay
the parts of your bill not In dispute.
4. If it is determined that we have made a mistake on your bill, you
will not have to pay any finance charges on any disputed
amount. If it turns out that we have not made an error, you may
have to pay finance charges on the amount in dispute, and you
will have to make up any missed minimum or required payments
on the disputed amount. Unless you have agreed that your bill
was correct, we must send you a written notification of what you
owe; and it it is determined that we did make a mistake in billing
the disputed amount, you must be given the time to pay which
you normally are given to pay undisputed amounts before any
more finance charges or late payment charges on the disputed
amount can be charged to you.
5.
If
our explanation does not satisfy you and you notify us In
writing within
10
days after you receive this explanation that you
still refuse to pay the disputed amount, we may report you to
credit bureaus and other creditors and may pursue regular
collection procedures. But we must also report that you think
you do not owe the money, and we must let you know to whom
such reports were made. Once the matter has been settled
between you and us, we must notify those to whom we reported
you as delinquent of the subsequent resolution.
6. If we do not follow these rules, we are not allowed to collect the
first
$50
of the disputed amount and finance charges, even if the
bill turns out to
be
correct.
7. If you have a problem with property or services purchased with a
credit card, you may have the right not to pay the remaining
amount due on them, if you first try in good faith to return them
or give the merchant a chance to correct the problem.
·connecticut custbmers should address inquiries to: J.C. Penney
Co.. Inc.. P.O. Box 1000, Voorhees, NJ 08043. Our phone is: (609)
772-3000. (You may telephone your inquiry, but doing so will not
preserve your rights under the law.)
JCPenney
369