Available on All New Exmark Products!
9.99% APR for 60 Months available through 4/30/2010
DESCRIPTION
This promotion is for a definitive number of months and sets forth the lowest fixed APR in the headline that is applied on a risk based program. The APR does not vary over the life of the loan. The person running the ad must reasonably believe that a substantial percentage of applicants will qualify for the lowest rate. (GE Money uses a threshold of 20% for this purpose). If a program is sponsored by a manufacturer, the 20% threshold should be measured at the manufacturer level (i.e., to take into account the program across all dealers).
MODEL HEADLINES
Rate as Low as 9.99% for 60 Months (APR of 10.66%)* (Monthly payments required. Valid on Amount Financed of $2,500 or more on Exmark purchases of $2,500 made between Feb. 1-Apr. 30, 2010 on your Exmark installment loan account.)
MODEL DISCLOSURE
*Offer subject to credit approval by GE Money Bank. Applies to purchases of Exmark equipment of $2,500 or more made between February 1-April 30, 2010 on a Exmark installment loan account. Fixed rate of 9.99% will be assigned based on credit approval criteria. Examples: Based on Amount Financed of $8,000 over a 60-month term with a $125 Origination Fee and rate of 9.99%, required monthly payments will be $172.59 with a 10.66% APR. Exmark minimum amount financed is $2,500, and based on credit approval criteria, a down payment of up to 10% may be required.
