Glossary
Glossary of terms and acronyms related to Australian banking, finance and investments.
Uniform Consumer Credit Code (UCCC)
The Uniform Consumer Credit Code (UCCC) is a law that protects the borrower from fraud, deception, and other illegal activities by lenders and financial institutions. One of the main components of the UCCC is the right to information, which requires lenders to reveal important details such as the annual percentage rate, comparison rate, additional fees, and other charges that add to the total cost of the loan. It is usually applicable to home, domestic and personal loans The Uniform Consumer Credit Code applies to individuals and strata corporations, but not to any other entity or corporation.
You don't need to be an Aussie customer
Ongoing low interest rates
Live life at a great rate
Calculate what is best for your financial situation with the Banks.com.au Online Calculators.
