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Your Credit Contract Schedule. To [Name And Address Of

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Your credit contract schedule
To [NAME AND ADDRESS OF BORROWER/S] (‘you’)
Welcome to Zagga
What’s this document?
Your credit contract is made up of two documents:
• this document called the Schedule; and
• your General Conditions.
The credit contract is the formal loan agreement between you and us (Zagga Investments Pty Ltd ATF Zagga Investments Lending Trust) in relation to your loan. You should read this Schedule and the General Conditions carefully, and then sign one copy of this Schedule.
This Schedule does not contain all of the information we are required to give you before you sign. The rest of that information is contained in a separate document called the Zagga General Conditions [DATE AND VERSION NUMBER] (the General
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At the end of the fixed rate period, the interest rate will become the Zagga Variable Rate caluculated based on the CAS (currently XX % per annum).
Line of Credit. The Zagga Variable Rate is based on the CAS, being Zagga’s proprietary credit assessment score calculated by Zagga. Your rate is currently XX% per annum.
Repayments

Normally your repayments will be payable on the first business day of each month and will be:
[LOAN TYPE]: $XXX [If interest only, state instead of a dollar figure ‘Interest only – see below’]
[LOAN TYPE]: $XXX. At the end of the fixed rate term, your repayments will change in line with the changed interest rate. [Keep only if fixed rate is offered; if interest only, state instead of a dollar figure ‘Interest only – see below’]
[LOAN TYPE]: Repayments are only required to the extent the account is over its limit. You must immediately pay to us any amount that exceeds the account’s limit. Approximately [10 years] from your settlement date, the loan will convert to principal and interest repayments. We will tell you the amount of those repayments shortly before they commence.
Your first repayment is different. Your first repayment will be an amount equal to interest from the settlement date to the day before the first repayment is due.
If your settlement date is on or before the 15th of a month, your first repayment is due on the first business day of the next month. (For example, settlement date is 14 February, your first repayment is
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