Early Repayment. If you pay the unpaid balance in full before the final payment is due (Early Repayment), you may be required to pay an amount to compensate us for any loss resulting from the Early Repayment. We may have suffered a loss if our current interest rate is lower than the interest rate applying to your Loan. You may also have to pay our administrative costs relating to the Early Repayment. The amount you will have to pay is calculated according to the statutory procedure out in the Credit Contracts and Consumer Finance Regulations 2004.
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Samples: Personal Loan Agreement, Personal Loan Agreement Specific Terms, Personal Loan Agreement Specific Terms
Early Repayment. If you pay the unpaid balance in full before the final payment is due (Early Repayment), you may be required to pay an amount to compensate us for any loss resulting from the Early Repayment. We may have suffered a loss if our current interest rate is lower than the interest rate applying to your Loan. You may also have to pay our administrative costs relating to the Early Repayment. The amount you will have to pay is calculated according to the statutory procedure set out in the Credit Contracts and Consumer Finance Regulations 2004.. Administrative costs $0.00
Appears in 3 contracts
Samples: aotearoacu.co.nz, www.heretaungabuildingsociety.co.nz, nzcusouth.co.nz
Early Repayment. If you pay the unpaid balance in full before the final payment is due (Early Repayment), you may be required to pay an amount to amountto compensate us for any loss resulting from the Early Repayment. We may have suffered a loss if our current interest rate is lower than the interest rate applying to your Loan. You may also have to pay our administrative costs relating to the Early Repayment. The amount you will have to pay is calculated according to the statutory procedure out in the Credit Contracts and Consumer andConsumer Finance Regulations 2004.
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