Scribd Logo
Upload

Welcome to Scribd!

  • SCHNEIDERS (00018) Periodic Billing Statement Period Ending 02.15.2017 - Redacted

    Uploaded by

    larry-612445
    16 views1 page
    This periodic billing statement from First American Bank shows that: 1) Laurence Schneider owes $708,894.38 by May 1st, 2016 for his account that had a credit limit of $1,500,000 as of February 15th, 2017. 2) Several loan expense fees were assessed between May 2017 and February 2017, totaling over $100,000 and increasing the running balance. 3) The current interest rate is 3.75% with a daily periodic rate of 0.0102 and a corresponding annual percentage rate of 3.75%.

    Original Description:

    Original Title

    SCHNEIDERS (00018) Periodic Billing Statement Period Ending 02.15.2017_Redacted

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This periodic billing statement from First American Bank shows that: 1) Laurence Schneider owes $708,894.38 by May 1st, 2016 for his account that had a credit limit of $1,500,000 as of February 15th, 2017. 2) Several loan expense fees were assessed between May 2017 and February 2017, totaling over $100,000 and increasing the running balance. 3) The current interest rate is 3.75% with a daily periodic rate of 0.0102 and a corresponding annual percentage rate of 3.75%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    16 views1 page

    SCHNEIDERS (00018) Periodic Billing Statement Period Ending 02.15.2017 - Redacted

    Uploaded by

    larry-612445
    This periodic billing statement from First American Bank shows that: 1) Laurence Schneider owes $708,894.38 by May 1st, 2016 for his account that had a credit limit of $1,500,000 as of February 15th, 2017. 2) Several loan expense fees were assessed between May 2017 and February 2017, totaling over $100,000 and increasing the running balance. 3) The current interest rate is 3.75% with a daily periodic rate of 0.0102 and a corresponding annual percentage rate of 3.75%.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    {LN6240?

    )
    customer Service 84 7-952-3700 Periodic Billing
    Statement •
    Mail Payments : First American Bank
    P o Box 7 983
    Elk Grove Village IL 60007-7983

    / Payment ! M/n;r:;1Jr:'.
    L_ ·--- ~ Dale _ Pa~· manDue
    ·- ------
    Laurence Schneider
    360 E COCONUT PALM RD S/01/16 708,894.38
    BOCA RATON FL 33432-7916

    025

    r----
    1
    PLEASE RETURN lOP f>OR'r!ON OF sr~TEMEr4T WITH YOUR PAVl.!t=Jfr . l'AYABLE TO FIRST AMERICAN BANK

    L-
    1 - - ----·· --~---r .-S-TA:-~- -E-,.'T- ....,..--------........- -- -- - - --,,----P-A'_IM
    _.E_!l_T_-r--~-u1i'iiwJ-~•-. - - ,I
    ; ACCOUNT NUMBER I Ct.QSINC DATE CREDIT i.lMIT I AVAILABLE CREDIT DUE OAT~ -- PAVMcNT Dul:

    I
    L-·--•·~•·-
    -- - - 006 L I 2/15 / 17

    -------~--:;:::::::.!A::.:·-::-:::-
    = ===='=
    -·~=-:::- =.-
    1, 5 00, 000

    =.= ===!:N':·•!:: .-====+==


    :
    I .I 00

    ==~~~~==---.u..:-=-_-_:_·--···..;__-.:-_::_::-:-: .... _
    5/ 01/16 I 70 8 .894. 38

    r, POST!NG o•·JE
    ,..
    Cttl:CK
    NUMBER DESCRIPTION OFTRANSACTIOlS TRANSACT10f4
    AMOUNT RUNNING BALANCf:
    r-·---
    ~/07/J.6 Assess Loan Expe~se Fee 13 , 974.98 l , 534.363.53
    10/05/16 1 Assess Loan Expense Fee 17,034.77 l, 534,363.53
    11/09/16 Assess Loan Expense Fee 1,998.27 1,534,363.53
    11/30/16 Assess Loan Expense Fee 30,248.56 1,534,363 . 53
    12/14/16 Assess Loan Expense Fee 16,507.06 1,534,363 . 53
    1/13/17 Current Interest Rate 3 . ?500
    DAILY RATE-See Reverse . 0102
    Corresponding APR* 3 . 7500
    l / 18/17 Assess Loan Expense Fee 25.00 1,534,363.~3
    2/10/17 Assess Loan Expense Fee 23,069.12 I 1,534,363 . 53
    2/15/17 Billed - Late Charges 213 . 55 1,534,577. 0 8
    2/15/17 Billed - Finance Charge 4,588.61 1,539,165 .6 9

    current Fees/Other Charges not ir.


    "New Balance" Summary 23, 094 .12

    CHECKS ANO · PAYMENTS -~ FiNANCE on-,rn · ;- - - - i-.:r:.w


    . ADVANCES
    ·,--.....;;.=-;;:;.;..;=.;.;..;::c.-----,-!----.. . •-; ------ - -·-1--
    - . AND CR6Drrs GHAAGE CHAP.Gi:S ··- HAI.AN(;,:

    -- -~ -- .00 j 4,588.61 213.55 1,539 , 165.69


    ANNUAL
    PERCENTAGF.
    I Dtdl.Y Ai!'E.~AGF: I ~lMS
    ·1
    ·
    Pi:nlOOlC fJJ\IIY BALAt~CE' ll!~(;HU:
    _ ___R f.
    __A.....T.... ·-- \· i<ATI:

    I 3.750%
    Lo-..., ___ ,
    1-lotlcc.
    ~ • • .......
    . 01027398\
    ....
    The: J\nnunf Pcn:enh1Qe- R.:lt!:
    ~
    l,488,748 . 05 j
    • • ... •• • , ... .
    .i,id O~ity Pen odic. rta:,? ma't.?:•rv.
    •
    30
    -

    Sw Aevuu S,cc f.:r rmr<>rt:int 1nrorm~t1oiCHNE1uERS 00018

    You might also like