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Comparison Rate Schedule
Credit Provider:BANK OF WESTERN AUSTRALIA LTD.
ABN 22 050 494 454
108 St Georges Terrace PerthIssued:21 December 2009BankWest Personal Loans
COMPARISON RATE (p.a.)
$300,000
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How to fill out comparison rate schedule
How to fill out comparison rate schedule
01
Open the comparison rate schedule document.
02
Read the instructions and guidelines provided at the beginning of the document.
03
Identify the products or services you want to compare rates for.
04
Locate the appropriate sections or tables in the schedule for each product or service.
05
Fill out the schedule by entering the required information for each comparison, such as interest rates, fees, or charges.
06
Double-check your entries for accuracy and completeness.
07
Review the filled-out schedule to ensure all necessary comparisons have been made.
08
Save or print the completed schedule for future reference or sharing.
Who needs comparison rate schedule?
01
Financial institutions and lenders who offer products or services that are subject to rate comparisons.
02
Consumers who want to compare rates and charges across different financial institutions or products.
03
Regulatory authorities or governing bodies responsible for ensuring fair and transparent practices in the financial industry.
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What is comparison rate schedule?
The comparison rate schedule is a document that lists out the interest rates offered by financial institutions for different types of loans, allowing consumers to easily compare and choose the best option for their needs.
Who is required to file comparison rate schedule?
Financial institutions and lenders are required to file comparison rate schedules to provide transparency in lending practices and help consumers make informed decisions.
How to fill out comparison rate schedule?
To fill out a comparison rate schedule, the financial institution must list out the details of each loan product offered, including the interest rates, fees, and terms of the loan. This information should be clearly presented to the consumer to facilitate comparison.
What is the purpose of comparison rate schedule?
The purpose of the comparison rate schedule is to promote transparency in lending practices, help consumers make informed decisions, and encourage competition among financial institutions to offer competitive loan products.
What information must be reported on comparison rate schedule?
The comparison rate schedule must include details of each loan product offered, such as the interest rate, fees, terms of the loan, and any other relevant information that may impact the overall cost of the loan for the consumer.
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