Aspect Learning Guide
Comparison rate
A comparison rate includes the interest rate plus certain fees to help compare loans, but it may not reflect your exact scenario.
Comparison rate explained in plain English
A comparison rate includes the interest rate plus certain fees to help compare loans, but it may not reflect your exact scenario.
What it includes
It includes the advertised rate plus some standard fees and charges.
Limitation
It may not reflect your exact loan amount, loan term, package fees or features.
How to use it
Use it as one comparison tool, not the only decision point.
General information only: This guide does not take into account your personal objectives, financial situation or needs. Lending policy varies between lenders.