Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why is the Comparison Rate being introduced?

comparison introduced rate
0
Posted

Why is the Comparison Rate being introduced?

0

From 1 July 2003 uniform credit code legislation requires a comparison rate to be included when advertising interest rates for all regulated lending. The comparison rate must be included in advertising where an interest rate is displayed, and must be available for all products upon request by members.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123