The information provided on this website along with the following documents should help you make an informed decision about considering UDC Finance for your lending needs.
Interest Rates
UDC interest rates vary from 8.80% p.a. to 11.95% p.a., and the actual rate charged will depend on many factors including the amount of lending, the term of the loan and size of deposit.
UDC may also charge a default interest rate of 5% per annum plus the annual interest rate referred to in your contract. If you fail to make any payment on the due date default interest is payable on the overdue amount from the due date until the date UDC receives full payment of that overdue amount.
» Standard Fees and Charges Applicable To Consumer Contracts
» Early Repayment Charge Explained
» Example of Standard Terms Loan Agreement
» Example of Standard Credit Sale Agreement