R.A.C.V. FINANCE LTD 2003) (Issued 1 July
st
ABN 82 004 292 291
Comparison Rate Schedule – Consumer Car & Personal Loan
(Issued 1st July 2003)
Amount of Credit
Term of Loan
Secured or unsecured
Average Annual Percentage Rate less 2% Annual Percentage Rate % 10 10 9 9 9 9 9 9 9 9 Comparison Rate % 16.39 13.12 10.05 9.54 9.40 9.26 9.22 9.10 9.09 9.07
Average Annual Percentage Rate less 1% Annual Comparison Percentage Rate % Rate % 11 17.41 11 10 10 10 10 10 10 10 10 14.13 11.06 10.54 10.41 10.26 10.22 10.10 10.09 10.07
Average Annual Percentage Rate
Average Annual Percentage Rate plus 1%
Average Annual Percentage Rate plus 2%
$2,500 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $50,000 $70,000 $100,000
2 years 2 years 3 years 4 years 4 years 5 years 5 years 7 years 5 years 5 years
Secured Secured Secured Secured Secured Secured Secured Secured Secured Secured
Annual Comparison Annual Comparison Annual Comparison Percentage Rate % Percentage Rate % Percentage Rate % Rate % Rate % Rate % 12 18.44 13 19.47 14 20.50 12 11 11 11 11 11 11 11 11 15.15 12.07 11.55 11.41 11.27 11.22 11.10 11.10 11.07 13 12 12 12 12 12 12 12 12 16.16 13.07 12.55 12.41 12.27 12.22 12.10 12.10 12.07 14 13 13 13 13 13 13 13 13 17.17 14.08 13.55 13.41 13.27 13.23 13.10 13.10 13.07
IMPORTANT WARNINGS:
1. 2. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. WARNING: Credit is available for this amount but not for the term specified in this Schedule. The law requires that, for comparison purposes, the term specified for this amount must be used to calculate the comparison rate.
R.A.C.V. Finance Limited, Level 12, 123 Queen St, Melbourne, 3000 Phone: 13 15 60 Website: www.racv.com.au