Q PLAN
Where you convert an Eligible Q PLAN Purchase to a Q PLAN, the following interest rates will apply depending on the plan you choose:
Q PLAN Term | Q PLAN Interest Rates |
9 months | 10.99% interest p.a |
12 months | 11.99% interest p.a |
15 months | 12.99% interest p.a |
Each Instalment under your Q PLAN will be made up of a share of the advance made to you for the Purchase amount together with interest on the Purchase amount at the applicable Q PLAN Interest Rate. The interest included in the Instalment must be repaid as part of the Instalments during the Q PLAN Term.