Statement Notification Days

• Sales Tax Settings, Revolving tab, click Statement Notification Days button

In the Start Days column, enter the number of days prior to the promotional interest expiration date (Revolving Receivables Payment Plans, Advanced tab) that you want the automatic statement message to start printing on the customer's statement.

In the End Days column, enter the number of days prior to the expiration date that you want the automatic statement messages to stop printing on the customer's statement.  

The Promotional Interest Expiration message is printed if any of the transactions posted to the plan have a remaining balance and the promotional interest expiration date falls within the statement notification days specified here. The following message is generated:

The interest rate on Order Number 9999999999 with remaining balance $99999.99 will change from 99.99% to 99.9% on MM/DD/YY

In the Start Days column, enter the number of days prior to expiration of the no payment promotion (Revolving Receivables Payment Plans, Advanced tab) that you want the automatic statement message to start printing on the customer's statement.

In the End Days column, enter the number of days prior to the expiration date that you want the automatic statement message to stop printing on the customer's statement.  

The No Payment Expiration message is printed if any of the transactions posted to the plan have a remaining balance and the no payment expiration date falls within the statement notification days specified here. The following message is generated:

The no payment period for Order Number 9999999999 with remaining balance $99999.99 will expire on MM/DD/YY

In the Start Days column, enter the number of days prior to the expiration of the waived interest promotion that you want the automatic statement message to start printing on the customer's statement.

In the End Days column, enter the number of days prior to the expiration date that you want the automatic statement message to stop printing on the customer's statement.  

The Waived Interest Chargeback message is printed if the Charge Back Waived Interest on MMP Balances, NN Days Overdue field is set in the Revolving Receivables Control Settings and the plan is delinquent or if a no interest plan is not paid off by the waived interest expiration date (Revolving Receivables Payment Plans, Advanced tab). If the cycle date is within the statement notification days specified here, the following message is generated:

Special Purchase Plan Warning:  [Plan xxxx] You must make your minimum payment due each month and pay your special purchase plan balance on order xxxxxx in full by [cycle date] to avoid paying accrued interest charges.

In the Start Days column, enter the number of days prior to the transfer date that you want the automatic statement message to start printing on the customer's statement.

In the End Days column, enter the number of days prior to the transfer date that you want the automatic statement message to stop printing on the customer's statement.  

The Plan Transfer message is printed if the Transfer Balance to Plan XX if Payment is NN Days Late field is set in Revolving Receivables Payment Plans, the plan is past due, and is in jeopardy of transferring to another plan within the statement notification days specified here. One of the following messages is generated:

For *Non-Tiered Plans:

You have failed to timely make your required minimum monthly payment under your Special Purchase Program for plan [xxx].  Accordingly, if we don’t receive your minimum monthly payment by [cycle date], we will apply to your account all interest accrued from the date of purchase at the regular APR of [state override]% These rates will then continue to apply indefinitely to your outstanding balance under the Special Purchase Program and to all other balances for old and new transactions.

For *Tiered Plans:

You have failed to timely make your required minimum monthly payment under your Special Purchase Program for plan [xxx].  Accordingly, if we don’t receive your minimum monthly payment by [cycle date], we will apply to your account all interest accrued from the date of purchase at the regular APR of [plan %](applied to the average daily balance of your account which is $[plan $ from table] or less) and [plan %] (applied to the portion of the average daily balance of your account which is more than $[plan $ from table]). These rates will then continue to apply indefinitely to your outstanding balance under the Special Purchase Program and to all other balances for old and new transactions.

*Tiered/Non-Tiered interest rates - see Sales Tax Settings, Revolving tab, Use Tiered Interest Rates field.

This field appears next to the Start and Stop Days fields for each of the "event" fields above. Use this field to indicate where on the statement you want the notification message to appear. If you have established Start and Stop Days, selection at this field is mandatory. Click the Arrow button to select one of these statement sections from the drop-down list.

• Payment Information

• Changes to Interest Rate

• Changes to Account Terms

• Special Purchase Plan Summary - This option only applies to 0% interest special plans (promotional interest percentage on the advanced tab of Revolving Payment Plan Settings is set to zero). If you select this option for any of the notification days settings on this screen, and the override interest is not 0%, nothing prints.

• General Notes