Schedule 2 · Disclosure required for cardholders who did not pay their prior month’s bills in full

SECOND SCHEDULERegulation 18(3) and (6)(b)Disclosure required for cardholders who did not pay their prior month’s bills in fullPart IDISCLOSURE FOR CREDIT CARDS PURSUANTTO REGULATION 18(3)(a)Outstanding Balance[current month’s bill’s outstanding balance] Payment Due Date[current month’s bill’s payment due date]Pay your bills in full to avoid further interest and finance charges.WARNING: If you do not pay the outstanding balance in full, you will be subject to [the effective interest rate that the card issuer generally imposes on similar types of cards]% interest on [the balances and transactions that attract such an effective interest rate e.g. the outstanding balance and all new transactions charged]. For example, if you pay only [the amount, in dollars and cents, equivalent to the current month’s bill’s minimum payment] each month,you will pay off fully what you currently owe only after [the length of time referred to in regulation 18(3)(a)(i)]the total you will need to pay, even without charging new transactions to your card, is about [the total amount referred to in regulation 18(3)(a)(ii)]Part IIDISCLOSURE FOR CREDIT CARDS AND CHARGE CARDSPURSUANT TO REGULATION 18(3)(b)WARNING: [In the case of credit cards, “If you do not even make the minimum payment”][In the case of charge cards, “If you do not make full payment”], you will also be charged [the charges for not making the minimum/full payment e.g. late fees of $X every month]. Your past due payment status will be reflected in your credit bureau report and may negatively affect your application for a new loan in the future. Legal action may also be taken.For example, if you do not make any payment,after 6 monthsthe amount you owe, even without charging new transactions to your card, will increase to about [the outstanding balance in 6 months’ time referred to in regulation 18(3)(b)]