Change in Terms and Conditions
for your Pitney Bowes Line of Credit.
You can still pay throughout the month, as cash becomes available, to minimize costs.
You will now receive a monthly statement with:
- Interest accruing and being calculated from the time funds are drawn.
- Interest of Prime +3% will be calculated on the average daily balance of your account.
- A 1% minimum principal payment due within 27 days.
- Interest continuing to accrue on balances that carry into a later billing cycle.
Effective with your billing cycle that begins in August 2019: Change to Terms and Conditions. The Terms and Conditions governing your account have been modified. The Interest Rate has been changed. Please read and review the updated Terms and Conditions below and save a copy for your records.