UNITED STATES | ||||||||
SECURITIES AND EXCHANGE COMMISSION | ||||||||
Washington, D.C. 20549 | ||||||||
FORM 8-K | ||||||||
Current Report Pursuant | ||||||||
to Section 13 or 15(d) of the | ||||||||
Securities Exchange Act of 1934 | ||||||||
Date of Report (Date of Earliest Event Reported) | ||||||||
March 31, 2023 | ||||||||
World Financial Network Credit Card Master Note Trust (Exact Name of Issuing Entity as Specified in its Charter) Commission File Numbers of Issuing Entity: 333-208463 and 333-230197-02 Central Index Key Number of Issuing Entity: 0001282663 World Financial Network Credit Card Master Trust (Exact Name of Issuer of Collateral Certificate as Specified in its Charter) Commission File Numbers of Issuer of the Collateral Certificate: 333-208463-02 and 333-230197-01 Central Index Key Number of Issuer of the Collateral Certificate: 0001140096 WFN Credit Company, LLC (Exact Name of Depositor/Registrant as Specified in its Charter) Commission File Numbers of Depositor: 333-208463-01 and 333-230197 Central Index Key Number of Depositor: 0001139552 Comenity Bank (Exact Name of Sponsor as Specified in its Charter) Central Index Key Number of Sponsor: 0001007254 | ||||||||
Delaware | ||||||||
(State or Other Jurisdiction of Incorporation of Issuing Entity and Registrant) | ||||||||
31-1772814 (I.R.S. Employer Identification No. of Registrant) | ||||||||
3095 Loyalty Circle, Columbus, Ohio | 43219 | |||||||
(Address of Principal Executive Offices of Registrant) | (Zip Code) | |||||||
(614) 729-5044 | ||||||||
(Registrant’s Telephone Number, Including Area Code) | ||||||||
N/A | ||||||||
(Former Name or Former Address, if Changed Since Last Report) | ||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | ||||||||
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
N/A | N/A | N/A |
Exhibit No. | Document Description | |||||||
Exhibit 99.1 | Ninth Addendum to Appendix A of Fourth Amended and Restated Service Agreement |
WFN CREDIT COMPANY, LLC as depositor | |||||
By: | /s/ Michael Blackham | ||||
Name: | Michael Blackham | ||||
Title: | Treasurer |
Service | Performance Standard | Measuring Period | Amended/ Added | ||||||||
Customer Communications •Produce and mail customer communications; including periodic statements and dunning letters, customer service correspondence, adverse action letters and change of terms notices. | Monthly periodic statements must be mailed or delivered at least twenty-one (21) days (calendar days) prior to the payment due date disclosed on the billing statement. | M | Amended | ||||||||
End User Support •Provision of hardware, software and support to ensure continuous functioning of end user computing needs. | Work 95% of service requests within 15 business days. | M | Amended | ||||||||
Payment Processing •Provide secure payment processing for ACH payment types, including, but not limited to Remittance (ARC) Electronic (WEB) and Telephone (TEL) payments. •Include payment exception item processing and deposit of funds into Bank specified account(s). •Report action taken on returned payments | Process 98% of all conforming payments within 24 hours of receipt; payments must be processed utilizing the date of receipt, unless the delay in crediting does not result in a finance charge or other charge. | M | Amended |