I (we) hereby authorize Norbert E. Mitchell Co., Inc. ("Mitchell") to request consumer credit information from a consumer credit reporting agency in connection with my application for a charge account with Mitchell. I (we) further authorize ongoing procurement of the above mentioned reports (if necessary) should I be approved for an account with Mitchell. I acknowledge that if approved for a charge account with Mitchell, any past due amounts on my account will be subject to a PERIODIC RATE of 1.5% per month (an ANNUAL PERCENTAGE RATE of 18%). This authority will remain in effect until Mitchell is notified by me in writing to cancel it in such time as to afford Mitchell a reasonable opportunity to act on it.