With Birchland Credit, enjoy $0 down and payments as low as $3.99 per month*. What's more, you can shop with total peace of mind because there's no fine print, sneaky fees or "gotcha" clauses. When you deal with us, you can expect:
Birchland Credit Terms Effective January 4, 2016
|Account Balance From:||Account Balance To:||Minimum Payment:|
TERMS: ALL CREDIT ORDERS ARE SUBJECT TO CREDIT APPROVAL.
Your ability to obtain a credit account (“Account”) is conditioned on your meeting certain creditworthiness requirements that we have established for the Account. You authorize us to obtain a consumer report on you. We may not provide an Account to you, or we may limit the amount of credit initially available to you if you do not meet our creditworthiness requirements. An Account is not available if we cannot verify information about you or if you cannot enter into a binding contract.
There will be an overdraft charge added to your account for each check returned to us by your bank. The fee will be $25 if you live in one of the following states: AK,AL, AR, AZ, CO, DC, FL, GA, HI, IL, IN, KS, KY, LA, ME, MI, MN, MS, MT, NC, ND, NH, NV, OH, OK, OR, PR, RI, SC, TN, VA, VT, WA, WI, WV, WY. The fee is $20 if you live in one of these states: CT, ID, NJ, NY, SD, UT, VI. The fee is $15 if you live in one of the following states: CA, MD, MO, TX. Returned checks may be processed electronically.
Each month you must pay at least the Minimum Monthly Payment, plus any past due amounts, by the due date shown on your monthly statement, a payment will be considered "on-time" if we received it by 5 p.m. on the due date. Your Minimum Monthly Payment amount is calculated based on your Highest Net Purchase Balance (this is your purchases minus any returns) since your account was last paid in full. This Minimum Monthly Payment amount is calculated as shown in the box above and will not decrease until your Highest Net Purchase Balance goes down OR your account is paid in full. Payments in excess of the minimum will reduce your balance and FINANCE CHARGES, but will not prepay or be applied against future Minimum Monthly Payments. Payments will be applied first to RETURNED CHECK CHARGES, LATE FEES and FINANCE CHARGES, then to amounts financed in the order charged to your account. The amount financed includes the
If the New Balance shown on your monthly statement is not paid in full within 25 days of the statement date, a FINANCE CHARGE will be added to your account calculated at the following rates: AL 21% up to $750, 18% over $750; AR 5.75% Variable (Federal Reserve Discount Rate plus 5%); CO, GA, IN, MS, OK, TN, VT, WY 21%; FL, LA, MA, ME, MN, NC, OH, VI 18%; GU, NE 21% up to $500, 18% over $500; PR 20.4%; TX 18% up to $3150, 12% over $3150, WV 18% up to $750, 12% over $750; All other states 23.99%. We figure the FINANCE CHARGE on your account by applying the applicable periodic rate to the "average daily balance" of your account including current transactions (MA, MN, MT and NM exclude these new purchases). To get the "average daily balance," we take the beginning balance of your account each day, add any new purchases (except in MA, MN, MT, and NM, where new purchases will be included as of the start of the next billing cycle), and subtract any payments or credits and unpaid FINANCE CHARGES, LATE FEES, and RETURNED CHECK CHARGES. This gives us the daily balance. Then, we add up all the daily balances for the billing cycle and divide the total by the number of days in the bill cycle. This gives us the "average daily balance".
If you fail to make the Minimum Monthly Payment required on your statement by the due date, you will be subject to a late fee in an amount equal to your missed payment(s) up to that which is allowable by law, but at no time will the LATE FEE be higher than $15.00 per each late payment you make. If you live in one of the following states your LATE FEE will be as follows: AR, FL, MT, NJ - $10 after 10 days; AK, CO, CT, DC, GA, ID, IN, LA, MI, MS, ND, NH, NM, NV, NY, OK, OR, PA, SD, TN, VI, VT, WA, WI - $15 after 10 days; CA - $15 after 15 days; AZ, KS, MO - $5 on balances of $25 or less, $10 on balances over $25 after 10 days; AL, IL, KY - the greater of $10 or 5% of installment after 10 days; HI - the lesser of $15 or 5% of installment after 10 days; IA, PR UT - $15 after due date; MA - the lesser of $10 or 10% of minimum payment after 15 days; ME – the lesser of 5% of the unpaid balance or $10 after 15 days; MN - the greater of $7.80 or 5% of unpaid balance after 10 days; NC - $5 if unpaid balance is $100 or less, $10 if above after 30 days; NE - the greater of 5% of installment or $5 after 10 days; OH - the lesser of 5% of installment or $3 after 10 days; SC - the lesser of $15 or 5% of balance after 10 days; RI - $12 after 40 days; TX - $10 after 21 days; VA - 5% of installment after 7 days; WV - the lesser of $15 or 5% of installment after 10 days; WY - the greater of $10.00 or 5% of unpaid installment after 10 days.
If you exceed your credit limit, we will not charge you an over-the-limit fee.
If you fail to pay the Minimum Monthly Payment when due, or upon your default if otherwise defined under Applicable Law, or upon your becoming insolvent or the subject of bankruptcy or other insolvency proceedings,
You authorized us, our affiliates, agents, and others calling at our request or on our behalf to contact you at any number or email address you have provided to us or have used to contact us or which is lawfully obtained by or on our behalf for the servicing, management and/or collection of your account. We may contact you in any manner consistent with the information we have obtained, including e-mail, telephone calls and text messages. We may use automated technology for the purpose of contacting you, including but not limited to automatic dialing or similar equipment. We may monitor or record calls from you to us and calls from us to you. When you give us your mobile telephone number we may contact you at that number using automated dialing equipment and we can leave pre-recorded or other messages, even if you are charged for it by your provider.
These rules are the contract which applies to all purchases on your Account.
Accord and Satisfaction
No payment by you or receipt of payment from you to
All disputes, claims or controversies arising from or relating to these rules or the relationships which result from this purchase contract, the validity of this arbitration clause, this purchase contract or these rules, shall be resolved by binding arbitration to be conducted between you, individually, and
The Ohio laws against discrimination require that all creditors make credit equally available to all credit worthy 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.
Married Wisconsin Residents
No provision of any marital property agreement, unilateral statement, or court order applying to marital property will adversely affect a creditor's interests unless prior to the time credit is granted, the creditor is furnished with a copy of the agreement, statement or court order, or has actual knowledge of the provision.
New York/Rhode Island/Vermont Residents
You agree to give
California and Utah Residents
As required by law, you are hereby notified that a negative credit report reflecting on your credit record may be submitted to a credit-reporting agency if you fail to fulfill the terms of your credit obligations.
To contact us about this Account call 1-800-934-1022. This contract is subject in whole or in part to Texas law, which is enforced by the Consumer Credit commissioner, 2601 North Lamar Boulevard, Austin, Texas 78705-4207. Phone: (512) 936-7600. Contact the Commissioner relative to any inquiries or complaints.
To help the government fight identity theft, the funding of terrorism, and money laundering activities, Federal law requires us to obtain, verify, and record information that identifies each person who opens an account. When you open or access an account with us, we may ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask for other identifying information as needed.
Your Billing Rights
KEEP A COPY OF 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 incorrect, or if you need more information about a transaction on your bill, write to us (on a separate sheet): Birchland Credit Dept., 913 First Avenue, Chippewa Falls, WI 54729. 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 occurred. 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 must either correct the error or explain why we believe the bill was correct. After we receive your letter, we cannot try to collect any amount you question, or report you as delinquent, but 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 for 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 let anyone we report you to know 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 settled between us when it finally is. If we don't follow these rules, we can't collect the first $50.00 of the questioned amount, even if your bill was correct.
|Annual Percentage Rate (APR) for purchases*|
|AL||21% up to $750
18% over $750
|CO, GA, IN, MS,
OK, TN, VT, WY
|FL, LA, MA, ME,
MN, NC, OH, VI
|GU, NE||21% up to $500
18% over $500
|TX||18% up to $3,150
12% over $3,150
|WV||18% up to $750
12% over $750
|All other states and
|Grace period for repayment of balances for purchases:
|Method for computing balance for purchases:
MA, MN, MT, NM: Average Daily Balance (excluding new purchases)
All other states: Average Daily Balance (including new purchases)
|Over Limit Fees:
Up to $15.00. See Late Fees in Credit Terms above.
Up to $20.00. See Overdraft Charges in Credit Terms above.
|Minimum Finance Charge|
|AR, AK, CA, CT, DE,
FL, GA, ID, IL, IA,
KS, KY, NV, NH, NM,
NC, ND, OH, RI, UT,
VA, WA, WI
|GU, MI, MO, NY, TN||$0.70|
|DC, HI, MD, NE, OR, PR||None|
|All other states and U.S. Territories||$0.50|
|The information in this table is accurate as of July 1, 2012. This information may have changed after that date. To find out what may have changed, write to us as Birchland Credit Dept., 1356 Williams St., Chippewa Falls, WI 54729.|
Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share and protect your personal information. Please read this notice carefully to understand what we do.
The types of personal information we collect and share depend on the product or service you have with us. This information can include:
All financial companies need to share customers' information to run their everyday business. In the section below we list the reasons financial companies can share their customers' personal information; the reasons
|Reasons we can share your personal information||Does
||Can you limit this sharing?|
|For our everyday business purposes – Such as to process your transactions, maintain your account, respond to court orders and legal investigations, or report to credit bureaus.||Yes||No|
|For our marketing purposes – To offer our products and services.||Yes||No|
|For joint marketing with other financial companies.||No||Yes|
|For our affiliates' everyday business purposes – Information about your transactions and experiences.||Yes||Yes|
|For our affiliates' everyday business purposes – Information about your creditworthiness.||Yes||Yes|
|For our affiliates to market to you.||Yes||Yes|
|For nonaffiliates to market to you.||Yes||Yes|
To limit our sharing, call us at 1-877-220-7714 or email us at firstname.lastname@example.org.
If you are a new customer, with respect to those circumstances in which you can limit our sharing, we can begin sharing your information thirty (30) days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
Who is providing this notice?
What we do
To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings.
We collect your personal information, for example, when you:
We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can't I limit all sharing?
Federal law gives you the right to limit only:
State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.
What happens when I limit sharing for an account I hold jointly with someone else?
Your choice will apply to everyone on your account
Companies related by common ownership or control. They can be financial or nonfinancial companies. Our affiliates include nonfinancial companies such as Masseys, Mason Easy Pay, K. Jordan, Stoneberry, and Figi's.
Companies not related by common ownership or control. They can be financial and nonfinancial companies. Nonaffiliates we share with may include other direct marketing companies
A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
Other important information
If you live in Vermont, we will not share information about your creditworthiness for our affiliates' everyday business purposes and we will not share information for nonaffiliates to market to you. If you live in California, we will not share information for our affiliates or nonaffiliates to market to you, and we will not share your information for joint marketing with other financial companies.