Equal instalment financing. The annual interest rate applicable to equal instalment financing shown on the statement of account corresponds to the prime rate of Desjardins, plus additional interest of one percent (1%), in effect on the date of purchase. The annual interest rate charged to the holder, which is composed of the two elements described above, shall appear on each of the holder’s monthly statements of account.
Appears in 2 contracts
Sources: Variable Credit Agreement, Variable Credit Agreement
Equal instalment financing. The annual interest rate applicable to equal instalment financing shown on the statement of account corresponds to the prime rate of Desjardins▇▇▇▇▇▇▇▇▇▇, plus additional interest of one percent (1%), in effect on the date of purchase. The annual interest rate charged to the holder, which is composed of the two elements described above, shall appear on each of the holder’s monthly statements of account.
Appears in 1 contract
Sources: Variable Credit Agreement