Document ID: chunk:federal_register_of_legislation:F2025C00142:reg:6
Version: federal_register_of_legislation:F2025C00142
Segment Type: reg
Provision Reference: reg 6
Character Range: 6752–7717

6  Consumer credit liability information
  For paragraph (e) of the definition of consumer credit liability information in subsection 6(1) of the Act, the terms or conditions of the consumer credit are the following:
 (a) how the principal and interest on the consumer credit are to be paid, namely whether:
 (i) the principal and interest are to be paid in full; or
 (ii) the principal and interest are to be paid, leaving a residual unpaid amount of principal and interest at the end of the term of the consumer credit; or
 (iii) only the interest is to be paid;
 (b) whether the term of the consumer credit is fixed or revolving;
 (c) if the term of the consumer credit is fixed—the length of the term;
 (d) whether the individual is a guarantor to another individual in relation to the other individual's credit;
 (e) whether the consumer credit is secured or unsecured;
 (f) any variation to any of the terms or conditions mentioned in paragraphs (a) to (e).