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NOTICE: See below for important information regarding your rights to dispute
billing errors.
To find out if there have been any changes to the credit terms of this agree–
ment, writeto the JCPenneyCredit Department, P.O. Box300,Dallas, TX 75221.
NOTICE: ANY HOLDER OF THIS CONSUMER CREDIT CONTRACT IS SUB·
JECT TO ALL CLAIMS AND DEFENSES WHICH THE DEBTOR COULD
ASSERT AGAINST THE SELLER OF GOODS OR SERVICES OBTAINED PUR·
SUANT HERETO OR WITH THE PROCEEDS HEREOF. RECOVERY HERE·
UNDER BY THE DEBTOR SHALL NOT EXCEED AMOUNTS PAID BY THE
DEBTOR HEREUNDER.
HAWAII- NOTICE TO BUYER:
Do not sign this contract before you read it. When you sign this contract, you
are entitled to a copy of it that is filled in, in every necessary respect. You
should keep it. This contract is covered by Hawaii's credit.sale law, and you
have the rights of a buyer under that law. You also may have rights under other
state and federal laws.
ILLINOIS- Residents of Illinois may contact the Illinois Commissioner of
Banks and Trust Companies for comparative information on interest rates,
charges, fees, and grace periods (State of Illinois-GIP, P.O. Box 10181, Spring–
field, IL 62791 or telephone HI00-634-5452).
MARYLAND- Our charge account program for Maryland customers is sub·
ject to the provisions of Subtitle 9 of Title 12 of the Commercial Law Article of
the Maryland Code.
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 the time 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 consum-
mated 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 tele–
gram sent or by delivery, not later than midnight of the third business day
following a purchase under this agreement.
OHIO- The Ohio laws against discrimination require that all creditors make
credit equally available to all creditworthy customers, and that credit reporting
agencies maintain separate credit histories on each individual upon request.
The Ohio Civil Rights Commission administers compliance with this law.
TEXAS- NOTICE TO CONSUMER: UNDER TEXAS LAW, IF YOU CONSENT
TO THIS AGREEMENT, YOU MAY BE SUBJECT TO A FUTURE ANNUAL PER·
CENTAGE RATE AS HIGH AS 21
%
PER YEAR. This contract is subject in whole
or in part to Texas law which is enforced by the Consumer Credit Commis–
sioner, 2601 North Lamar Boulevard, Austin, Texas 78705-4207. Phone (512)
479-1285, (214) 263-2016, (713) 461-4074.
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 offthe full unpaid balance underthis charge agree–
ment.
(d) 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 can–
cellation by certified mail 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) fol–
lowing your signing of the purchase agreement. If you choose to cancel
this purchase, you must return or make available to seller at the place of
delivery any merchandise, in its original condition, received by you under
this purchase agreement.
WISCONSIN- NOTICE TO MARRIED APPLICANT:
No provision of a marital property agreement, a unilateral statement under
Sec. 766.59 or a court decree under Sec. 766.70 adversely affects the interest
of the creditor under this agreement unless the creditor, prior to the time credit
is granted, is furnished a copy of the agreement, statement or decree or has
actual knowledge of the adverse provision when the obligation to the creditor
is incurred. (The Sections quoted above refer to Sections of Chapter 766 of the
Wisconsin Statutes Concerning Property Rights of Married Persons.)
The JCPenney Company, as creditor under this agreement, may have the right
to satisfy obligations created under this agreement not only out of property
held by an applicant in community (marital property), but also out of property
held individually, pursuant to an agreement, unilateral statement, or court
order, unless the JCPenney Company is given notice of the existence of such
individual property rights before the credit is extended.
WISCONSIN- NOTICE TO NON-APPLICANT SPOUSE:
Credit extended to your spouse under this agreement may result in a marriage
or family obligation. This agreement states the terms under which such credit
for marriage or family purposes may be extended to your spouse.
NOTICE TO THE BUYER: Do not sign this credit agreement before you read it
or if it contains any blank spaces. You are entitled to a completely filled in copy
of the credit agreement when you sign it. Keep it to protect your legal rights.
You have the right to pay in advance the full amount due.
Sign here and keep this Retail Installment Credit Agreement (Revolving Credit Agreement) for your records.
f
J.C. Penney Company, Inc.
~-u(".~
Applicant's Signature
Date
Ted
L.
Spurlock
Senior Vice President
Director of Financial Services
Co-Applicant's Signature
Date
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 the address listed on your bill. Write to us as
soon as possible. We must hear from you no later than 60 days after we sent you the
first bill on which the error or problem appeared. You can telephone us, but doing so
will not preserve your rights.
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 musteithercorrect the error or explain why we believe the
bill was correct.
380
JCPenney
After we receive your letter, we cannot 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 set–
tled 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 Rule for Credit Card Purchases
If you have a problem with the quality of property or services that you purchased with
a credit card, and you have tried in good faith to correct the problem with the mer–
chant, you may have the right not to pay the remaining amount due on the property or
services.