Common use of RRSP financing Clause in Contracts

RRSP financing. RRSP financing is subject to credit charges calculated from the date it appears on the account statement to the date it is paid in full, at the annual interest rate in effect for the financing plan offered by the Federation and chosen by the cardholder. During a deferred payment period – RRSP financing, only credit charges are payable. At the end of the deferred payment period – RRSP financing, payments of principal and credit charges are payable as determined at the time the RRSP financing was made. Annual interest rate: based on the financing plan offered by the Federation and chosen by the cardholder, up to a maximum of 19.9%.

RRSP financing. RRSP financing is subject to credit charges interest, calculated from as of the date it appears of its appearance on the account statement to the date it is until fully paid in fulland that, at the annual interest rate in effect force for the this financing plan offered by the Federation and chosen by the cardholder. During a deferred payment period – RRSP financing, only credit charges are interest is payable. At the end expiry date of the deferred payment period – RRSP financing, payments of principal and credit charges interest are payable as determined at the time the RRSP financing was made. Annual interest rate: based on the financing plan offered by the Federation and chosen by the cardholder, up to a maximum of not exceeding 19.9%.