Dear [Customer's Name], Thank you for choosing our company for your charge account needs. To ensure a smooth and transparent business relationship, we would like to provide you with the terms and conditions governing your Vermont charge account. 1. Account Opening: To open a charge account with us, you must complete an application form provided by our company. The application form will require your personal and financial information. By submitting the application, you authorize us to verify the information provided. Upon approval of your application, a charge account will be opened in your name. 2. Credit Limit: Your credit limit will be determined based on various factors, including your creditworthiness and financial history. The agreed credit limit will be communicated to you through a separate document. However, we reserve the right to change your credit limit at any time based on your account's performance and our internal policies. 3. Account Usage: Your Vermont charge account can only be used for authorized purchases from our company. Any unauthorized use or attempt to use the account for unlawful activities will result in immediate account suspension and possible legal action. 4. Payment Terms: All charges made to your account are subject to interest if not paid off within the agreed billing cycle. The interest rate will be clearly communicated to you, along with the due date for each billing cycle. We offer different payment methods, including online payments, checks, or in-person options for your convenience. Late payments may result in additional fees and potential account suspension. 5. Account Statements: You will receive monthly statements detailing your account activity, including purchases, payments, interest charges, and any additional fees. It is your responsibility to review these statements promptly and report any discrepancies or unauthorized transactions to our customer support team. 6. Account Closure: You have the right to close your Vermont charge account at any time, provided that all outstanding balances, including interest and fees, are fully paid off. To request account closure, please contact our customer support team. We reserve the right to close your account at our discretion if you breach the terms and conditions outlined herein. Please note that these terms and conditions are specific to our Vermont charge account. If you hold an account in a different state, variations in regulations and terms may apply. Therefore, it is important to review the terms and conditions specific to your state for accurate information. If you have any questions or require further clarification regarding your Vermont charge account terms and conditions, please do not hesitate to contact our customer support team. We are here to assist you and ensure your experience with our company remains exceptional. Thank you for choosing us as your trusted charge account provider. Sincerely, [Your Name] [Company Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.