Billing Rights

THE FINANCE CHARGE IS CALCULATED ON OPEN END LOANS BY APPLYING THE DAILY PERIODIC RATE TO THE UNPAID PRINCIPAL BALANCE FOR THE ACTUAL NUMBER OF DAYS SUCH BALANCE REMAINS OUTSTANDING.  TO GET THE UNPAID PRINCIPAL BALANCE WE TAKE THE BEGINNING BALANCE OF YOUR ACCOUNT EACH DAY, ADD ANY NEW ADVANCES, AND SUBTRACT ANY PAYMENTS OR CREDITS.  THIS GIVES US THE UNPAID PRINCIPAL BALANCE FOR THAT DAY.  THE FINANCE CHARGES ARE COLLECTED AT THE TIME OF A PAYMENT.

THE ANNUAL PERCENTAGE RATE (APR) IS SHOWN IN THE LOAN DESCRIPTION AREA FOR EACH LOAN FOLLOWED BY THE RATE TYPE.  TYPES OF "ADJUST" OR "VARIABLE" INDICATE THAT THIS LOAN'S APR CAN CHANGE.  THE DAILY PERIODIC RATE IS CALCULATED BY DIVIDING THE APR BY 360 OR 365 AS NOTED IN YOUR DISCLOSURES.