You are on page 1of 1

Our Ref: (ATL/JR/0017

Date: 6/6/2017

Mrs Jashemia Robb


Touch Point Appliance Mart
243 Island Street
Trinidad and Tobago

Dear Mrs Robb


New Payment Option for Hire Purchase Account

This letter is in response to your enquiry about our hire purchase payment options. You are given an
option to open a new account by settling a credit limit that is affordable to you each month. Your
statement, which gives detailed information about purchases for the month, will be generated on the
last business day of each month. However, your due date for payment will be in the 6 th of the following
month.
As our valuable customer, you are given the option of settling your account in full which has a greater
advantage as no interest will be charged. On the other hand, if you decide to make part payments on the
account, interest will be calculated at twelve and a half percent (12 ½ %) on the outstanding balance. For
the next month, your statement will show the balance in arrears, plus any further purchases.
Please let us know which option you prefer by completing the enclosed form and returning it to us.

Yours sincerely

Simroy Smith
Accountant

Enc.

SS/ML