The invoice date begins the credit term cycle, and payment is due
within fifteen days from the invoice date. Past due invoices are subject to a
service charge of 2% per month, which is an annual payment rate of 24% percent. Failure to keep your account current
will result in your account being placed on a "credit card only" status. This
status may impair your ability to use our service, your shipments may be
delayed, and you may not be eligible for our discount program.
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Credit privileges will not be restored until
you have paid all PAST DUE balances in full, in addition to all costs, fees
and expenses incurred by Faster Messenger Service, Inc. in collecting or
attempting to collect such balances. NOTE: Faster Messenger Service, Inc. may
require establishment of electronic funds transfer as a prerequisite to credit
restoration.
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Customers requesting removal from "credit card
only" status must contact our Accounts Receivable department at 877.402.9990
or 877.402.9990.
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Faster Messenger Service, Inc. may decline to
restore your credit privileges even if all costs, fees and expenses are paid.
In the event of a prompt payment (on a "credit card only" status), you agree
to be liable for all reasonable costs which may include - but are not limited
to - attorneys' fees, collection agency fees and/or interest and court costs.
NOTE: We do not provide consumer credit privileges.
To obtain credit
privileges with Faster Messenger Service, Inc., you may be required to make bank
draft arrangements for payment on PAST DUE accounts.