REVOLVING CREDIT PLAN
ONLINE ACCOUNT HOLDER AGREEMENT
AND DISCLOSURE STATEMENT
(PLEASE READ AND PRINT ONE FOR YOUR RECORDS)
click here for an image-free copy to print
Fees, Rates, Costs and Limitations.
are the account fees, rates, costs,
limitations, available credit and
other terms for the CROWN
JEWELERS Credit Card offer.
This is the Agreement and Disclosure Statement ("Agreement") that governs the use of your Account. Please print these disclosures and keep them with your records. If you are unable to print these, write to Crown Jewelers Inc., C/O Credit Dept., PO Box 155100, Fort Worth, TX 76155-0100 and request a copy. By submitting this you certify that you have read, meet, understand, and agree to the account fees, rates, costs, limitations, available credit and other terms listed below.
Percentage Rate for Purchases
Period for Repayment of
Balances for Purchases
you pay your previous balance
on or before the due date
your previous statement,
you will have a grace period
of 25 days (from the statement
closing date to the payment
and can avoid finance charges
on current purchases by
statement balance in full
on or before the due date.
of Computing Balances for
In this Agreement the words "you", "your", "yours", and "Accountholder" mean you, the Accountholder, and any other person who is contractually liable for or has signed or accepted the terms of this online application for CROWN JEWELERS Revolving Credit Plan ("Plan"). The words "we", "us", and "our" mean CROWN JEWELERS. The word "Account" means a sole or joint Accountholder account.
ACCOUNT ACTIVATION: You do not have to sign the Agreement in order for the account to be activated. You accept and agree to the terms of this Agreement once the account is used. This account is established to enable you to obtain certain goods and/or services from CROWN JEWELERS.
CREDIT LIMIT: We will establish a maximum monetary credit limit for the Account ("Credit Limit"). The credit limit is specified in the account acceptance mailer/Email. The unpaid principal balance on the Account is not to exceed the Credit Limit. If you request the Credit limit to be extended either permanently or temporarily, we have no obligation to do so; however, we may make such an extension if we choose without giving up any of our rights, and it does not mean that we have to honor other uses which would cause your Credit Limit to be exceeded. From time to time, we may permanently increase or decrease the Credit Limit and/or require down payment as we deem appropriate.
LIABILITY: You promise to pay for all purchases made by you or anyone you allow to use the Account, plus FINANCE CHARGES, fees and other charges due on the Account. All of the persons on this Account are jointly and individually bound and liable for repayment of the entire Account balance, regardless of who received the benefit of the Account or to whom any advance of credit was made under this Account. A Default by any Accountholder will be a default by all Accountholders. We may collect from or sue any Accountholder without giving up any of our rights against any other. This Agreement is also binding upon your successors and heirs and upon anyone to whom you assign your assets or who succeeds to them
You agree and everyone using the Account agrees to be liable for the repayment of everything owed on the Account even if we do not follow all of the legal procedures (such as diligence, demand, presentment and notice and protest of dishonor) which we might be required to do in the absence of this waiver. In addition you consent to any continuance that we give with respect to time of payment or in the amount of payment. that in any way may impair any of our rights under this Agreement. No waiver, consent or approval by us will be effective unless it is in writing.
You agree that you will notify us immediately, if you receive an order confirmation via email that you did not place. Once the order is shipped you are liable for all charges and purchases incurred on your account.
You may be liable for the loss, theft or unauthorized use of your account. You will not be liable for unauthorized use of your Account which occurs after notifying us. If you believe that your password is, stolen or is being used in an unauthorized manner, you agree to notify us immediately, either orally or in writing (if orally you must confirm in writing). You can call us at: 1-800-680-5509 and/or write us at CROWN JEWELERS, P.O. BOX 63075, IRVING, TEXAS 75063. You may also email us at Billing@crownjewelers.com.
PASSWORD: Password to your online account is your authorization to use your account. Anyone you give your password to is authorized to use your account and you accept full liability for anyone using your account with your password.
SECURITY INTEREST IN PURCHASES:
You have granted us a purchase money security interest under the Uniform Commercial Code in all merchandise charged to the Account. If an event of default occurs, this security interest allows us or our assignee to repossess only the merchandise which you have not paid in full. You are responsible for any loss or damage to the purchased merchandise until the price is fully paid. Any payments you make will first be used to pay the first expiring promotional balances, if any, then any fees, then unpaid FINANCE CHARGES, and then to pay for the earliest purchase on the Account. If more than one item is purchased on the same date, your payment will first apply to the lowest price item.
If you default, we may take possession of the merchandise charged to the Account, sell it and apply the proceeds to the unpaid Account balance. You will pay our expenses in taking possession of and selling the merchandise. If the proceeds are not enough to pay those expenses, along with unpaid Account balance you remain liable for and must pay the difference. You are entitled to any excess if the proceeds are more than you owe us.
PAYMENT:If you have a balance we will send a periodic billing statement (unless not required to do so by Regulation Z. truth in Lending Act (15 U.S.C. 1610), as amended) to the person whose name first appeared on the Account Application as "Applicant", unless a change has been requested by an Accountholder. You agree to pay for all purchases, FINANCE CHARGES, fees and charges due on the Account until paid in full and to make all payments by check or money order (if you make your payments using another credit card accepted by us there will be additional charge of $2.00 or 5% of the payment amount whichever is more) to us at the location specified on your periodic billing statement in U.S. Dollars payable through a U.S. financial institution. Application of payment will be at our discretion, but always in such manner as to be consistent with the error resolution procedures described herein.
The minimum payment will be 5% of the outstanding balance on the account or $25.00, whichever amount is greater. If your account is past due, you must pay your past due amount which will be in addition to your monthly minimum payment. If balance on your account is less than $25.00, your minimum payment will be the remaining balance on your account. You must pay the minimum monthly payment as shown on your monthly billing statement. However, not receiving a statement does not exempt you from making your minimum payment every month. Payment greater than the minimum periodic amount or additional payments may be made at any time without prepayment penalty but shall not relieve you of your obligation to pay the next succeeding periodic payment(s). We can accept late or partial payments, as well as payments that are marked "paid in full" or with other restrictive endorsements, without losing any of our rights under this Agreement. Payments you make on the Account are to be mailed to the address we set forth on your periodic billing statement. Payment must be received by us at our address stated on your periodic billing statement on or before the payment due date stated on your periodic billing statement.
FEES AND CHARGES:
A. RETURNED PAYMENT- If any payment is
returned to us unpaid, we will charge the Account $25.00.
B. LATE PAYMENT- If we do not receive the minimum periodic payment by the due date shown on your periodic billing statement, we will charge Account $25.00.
C. MINIMUM FINANCE CHARGE- Minimum
finance charge in any billing cycle is $1.00.
D. UPDATE FEE- If we agree to update
the Account from a delinquent status to a current status, we will charge the
E. PAYMENTS BY PHONE- Payments made over the phone will be assessed a $5 charge.
F. ONLINE PAYMENTS- Payments made online will be assessed a $2 charge.
G. DOCUMENT FEE- If a copy of any
statement, sales draft or similar document is provided by us at your request
(except in connection with the billing error inquires or resolution), we will
charge the Account the following fee(s):
(I) Statement Copy- $6.00
(II) Sales/Credit Draft Copy -$6.00
(III) Research Fee- $15.00 per hour
(only applicable if extensive research is required)
PAYMENTS USING A CREDIT CARD. If you choose to make your payment(s) on your account using a credit card we accept, you will be charged an additional $2.00 or 5% of the payment amount whichever is more.
CONSUMER CREDIT COUNSELING SERVICE-
If you participate in scheduling the Account through Consumer Credit Counseling Service, we will charge the Account the fees that we are charged by the Consumer Credit Counseling Service.
MISCELLANEOUS CHARGES You agree to pay any other charges incident to the application for and the opening, administration, and termination of the Account, including, but not limited to, taxes, charges or fees and any penalties or interest thereon, imposed on this Agreement or on any transaction effected/conducted/made pursuant to this Agreement. We may advance any such tax charge or fee and any penalties or interest thereon for you and add said amount to the Account balance.
COMPUTATION OF FINANCE CHARGES:
FINANCE CHARGES: If a Finance
charge is imposed, we apply the monthly
periodic rate of 1.75% (ANNUAL
PERCENTAGE RATE 21%) to the
average daily balance. No FINANCE
CHARGES on purchases charged
to the account will be calculated
if the "New Purchase Balance" shown
on the periodic statement is paid
in full on or before the "Payment
Due Date" shown on the periodic statement.
If you do not pay the full amount
of "New Purchase Balance" on or before
the "Payment Due Date" FINANCE
CHARGES are calculated on
the "Average Daily Balance" shown
on the periodic statement from the
date posted on the Account until paid
in full. FINANCE CHARGES
that accrue after the "Statement Date"
will appear on the next periodic statement.
FINANCE CHARGE CALCULATION ON SPECIAL
PURCHASE PROGRAMS - In the
event that we offer to you a Special
Purchase Program in accordance with
Paragraph 25 of this Agreement, the
ANNUAL PERCENTAGE RATE
applied to your Account may be reduced
in accordance with the specific terms
of the particular Special Purchase
FINANCE CHARGES CALCULATION ON ACCOUNTS
THIRTY DAYS PAST DUE OR MORE-
In the event that your Account is
deemed by us to be thirty (30) days
or more past due on any given cycle
date, we have the right to impose
on your Account during the entire
succeeding billing cycle a FINANCE
CHARGE at maximum rate allowed
by the law.
COMPOUNDING OF UNPAID FINANCE CHARGES:
You agree that in each billing cycle
the unpaid Periodic Rate Portion of
FINANCE CHARGES accruing
in the prior billing cycle as the
result of Purchases will be added
to the outstanding balance as a Purchase.
Thus, unpaid FINANCE CHARGES
will be subject to, and will be included
in the calculation of, new FINANCE
CHARGES, and will reduce
the amount of the available Credit
BALANCE COMPUTATION METHOD:
We figure FINANCE CHARGES
on the Account by applying the periodic
rate to the "Average Daily Principal
Balance" of the Account (including
current transaction if there is an
existing purchase principal balance).
The "Average Daily Balance" is calculated
for purchases by totaling each day's
"Daily Purchase Balance" and dividing
the total by the number of days in
the billing cycle. The Daily Purchase
Balance is calculated by (1) taking
the daily beginning balance of previous
purchases (including unpaid FINANCE
CHARGES, unpaid fees and
unpaid insurance premiums, as applicable),
(2) subtracting payments and credit
adjustments, then (3) adding new purchases,
fees, insurance premiums, as applicable,
and debit adjustments (except FINANCE
CHARGES, fees and insurance
premiums, as applicable, assessed
on the statement date which will not
be included in the calculation until
the next business day).
EVENTS OF DEFAULT: You will be in default of this Agreement if any one of he following occur: (a) you do not make the required minimum periodic payment on the Account by the payment due date, (b) your default of or failure to pay any obligation you have with us, (c) you break one of your promises under this Agreement, (d) you become generally unable to pay your debts, (e) any other creditor tries by legal process to take money of yours in our possession, (f) you provided us with any false or misleading information signatures on the Account credit application or any other account with us, (g) your death, (h) the filing of a petition or starting of other proceedings under the Federal Bankruptcy Code or any state insolvency statute by or against you, (i) the Credit Limit of the Account being exceeded, or (j) if we believe, in good faith, that the chances of your paying or performing all your obligations under this Agreement have been impaired.
RIGHTS UPON AN EVENT OF DEFAULT:
If any event of default should occur,
we may do any or all of the following:
(a) declare the outstanding Account
balance owing on the Account to be
immediately due and payable without
notice, (b) allow you to repay the
Account subject to the terms and conditions
of this Agreement, (c) immediately
terminate Account credit privileges
without notice, and /or (d) suspend
the availability of the Account regardless
of whether you receive notice of suspension.
Upon demand, you will immediately pay
the outstanding Account balance in full.
the extent permitted by applicable
law, you agree to pay all court and
collection costs and reasonable attorney
fees incurred by us in the collection
of the Account. You agree that the
ANNUAL PERCENTAGE RATE
of interest on the Account in effect
at the time of default shall be the
interest rate at which legal action
may be brought on and judgment rendered
AMENDMENT: We may change or amend
any terms of this Agreement upon fifteen
(15) days prior written notice if
required by law. Any changed or amended
fee, charge, interest rate, FINANCE
CHARGE, ANNUAL PERCENTAGE RATE,
or minimum payment amount, whether
increased or decreased, may be effective
to both the outstanding Account Balance
and future transactions.
11. ERRORS: We will furnish you
a periodic statement showing all transactions for the previous billing period.
Unless you notify us of any alleged errors in accordance with the billing error
resolution procedure provided below, we will consider the statement correct for
NON-DEFAULT TERMINATION OF ACCOUNT
- REDUCTION OF CREDIT: We may
terminate your Account or reduce the
Credit Limit at any time without sending
notice to you unless notice is required
by law. Your rights under the Account
will be terminated or modified accordingly.
In the event the Account is terminated
or the Credit Limit reduced, you must
continue to make each required periodic
payment until the Account is paid
in full. The Account, until paid in
full shall also continue to be subject
to any amendment made to this Agreement
pursuant to paragraph 11 including
fees/charges pursuant to paragraph
RETENTION OF DRAFTS: At the
time of making a purchase or credit
transaction, you agree to sign and
retain a copy of the draft which accurately
evidences the transaction. The absence
of your signature on a draft does
not relieve you from liability for
an amount properly charged on the
Account. You agree that your signature
may be electronically recorded, saved
and reproduced as evidence of the
COLLECTION: You agree that if
you do not pay on the Account, you
will accept calls from us at your
home and your place of business regarding
collection of the Account. You understand
that the calls to your home could
be automatically dialed and a recorded
message be played. You agree such
calls will not be "Unsolicited"
calls for the purposes of state of
ACCOUNT USE AFTER REVOCATION:
Use of the account after notice of
revocation is fraudulent and may be
subject to prosecution under the appropriate
CANCELLATION: You can cancel the
Account delivering to us either written
or oral notice that you wish to do
so. Upon giving us your cancellation
request, you agree to not use your
account. Any one Accountholder may
give us written or oral notice without
the need all Accountholders to do
so. Cancellation of the Account shall
not affect your obligation to pay
any amount due and owing on the Account
at the time of cancellation. You will
continue to be bound to pay the balance
of the Account under the terms of
this Agreement until the Account is
paid in full. The Account, until paid
in full, shall also continue to be
subject to any amendment made to this
agreement pursuant to paragraph 11
including fees/charges pursuant to
If you move or your Email address
changes, you agree to notify us of
your new address via email from YOUR
ACCOUNT page so that
we may change our records. You agree
that whenever we are required to give
you notice we may conclusively presume
that we have given it to you if we
mail or email it to you at the last
address known to us as shown on our
records. If you have a joint Account,
all notices regarding the Account
can be given to any person execution
the Application whose name appears
on our records, and that any action
taken or agreement made by any such
person, shall bind all such persons.
We may choose to notify you of any
matters regarding your account at
your most recent physical and/or Email
address at our discretion.
CREDIT INVESTIGATION: You authorize
us at any time to make whatever credit
investigation we feel is proper to
evaluate your credit, financial standing
and employment, and you authorize
us to exchange your credit experience
with credit bureaus and other creditors
we reasonably believe are doing business
with you. You authorize your employer
(past, present or future) and other
references to release and/or verify
information to us at any time. You
also agree to furnish us with financial
statement we may request at any time
and in such detail as we may require.
ACCOUNT INFORMATION: You authorize
us to release information from our
records regarding the Account (a)
in order to comply with any served
subpoena issued by any state or federal
law agency or court, (b) to provide
information about the Account to any
subsidiaries or affiliates, (c) in
order to sell our customer lists,
including your name, to third parties,
and (d) to any third party who we
reasonably believe is conducting an
inquiry in accordance with the Federal
Fair Credit Reporting Act.
ASSIGNMENT OF ACCOUNT: We may
sell, assign, or transfer your Account
or any portion thereof without notice
to you. You may not assign to anyone
the Account or your rights under this
OTHER SERVICES: You understand
that from time to time third parties
may offer you additional features,
services and enhancements, including,
but not limited to, common carrier
travel insurance, renter's insurance,
credit card registration for lost
or stolen credit cards, address change
services, and other travel related
services. You understand that we are
not liable for these features, services
and enhancements, and they are the
sole responsibility of the third parties.
You agree to hold us harmless from
any claims, actions or damages resulting
from your use of any of these features,
enhancements, or services, when permitted
by applicable law.
INSURANCE: If you are offered
and you elect any insurance coverage
in connection with the opening of
the Account or later, you authorize
us to charge the insurance premiums
for such insurance to the Account
on a monthly basis.
SKIP-A-PAYMENT OPTION: At our
option, we may allow you to "skip-a-payment"
, which means that you may be allowed
to skip making the minimum periodic
payment as to certain billing cycles.
If you accept, we will continue to
accrue FINANCE CHARGES
but no late charge will be imposed.
For the periodic billing cycle following
a "skip-a-payment", all
terms disclosed herein will again
SPECIAL PURCHASE PROGRAMS: From
time to time we may offer Special
Purchase Programs under the Account.
Normal late payment charges, returned
check charges and other provisions
apply to any Special Purchase Program
unless inconsistent with a particular
program offering. The Particular feature
of such programs may likewise vary
from time to time.
DIFFERED BILLING PROGRAM: From
time to time we may offer you deferred
billing on a purchase(s) charged to
your Account. If you decide to defer
the billing on certain purchase, then
they may not be billed (posted) to
your Account until the month as stated
in the offer ("Deferred Billing
Month"). The computation of FINANCE
CHARGES will not start until
the Deferred Billing Month. Deferred
billing purchase(s) may not appear
on the periodic statement until the
Deferred Billing Month at which time
required payments and fees as to the
Deferred purchase(s) will again apply.
Prior charges, if any, or new purchase(s)
not deferred, if any, will continue
to be billed as normal with all terms
of the Agreement applicable thereto.
CONTROLLING LAW:This Agreement
shall be governed solely by and interpreted
entirely in accordance with the laws
of the State of Texas or, to the extent
such laws are supersede, regardless
of where you reside. We will process
the Account application, make the
decision to open the Account, approve
and advance credit for you from our
offices in Texas. You agree that all
terms, conditions, and other provisions
relating to the method of determining
the balance upon which the interest
rate or FINANCE CHARGES
are applied, and other terms of this
Agreement, shall be deemed to be material
to the determination of the interest
27. ARBITRATION: Any dispute and/or claim arising from or in connection with this Agreement shall be subject to mediation and/or binding arbitration in Dallas, Texas pursuant to the rules of the American Arbitration Association and judgment of the arbitral award may be entered in any court having jurisdiction thereof. Such mediation and arbitration shall take place in the English language, and such arbitrator(s) shall not be empowered to award damages in excess of actual damages. The prevailing party in any dispute under this section shall recover reasonable attorney's fees and costs (including arbitration costs) from the other party. All information relating to a dispute, claim, mediation, arbitration, and/or lawsuit hereunder shall be treated as Confidential Information and shall not be disclosed by either party to any third party. Both you and we agree to waive the right to go to court or to have the dispute heard by a jury. You and we will be waiving any right to a jury trial and you also would not have the right to participate as part of a class of claimants relating to any dispute with us. Other rights available to you in court may also be unavailable in arbitration. Do not accept or use the card unless you agree to be bound by this arbitration provision.
SEVERABILITY: The invalidity
or unenforceability of any one or
more provisions of this Agreement
shall in no way effect any other provisions.