NZ CCCFA Loan Contract; Updated Payments section

The NZ CCCFA Loan Contract has been updated where there are additional payments, ie non-regular payments.

The layout of the top Payments block has changed to make the breakdown of regular vs additional payments clearer.

If the Account is paid via Direct Debit and there are Additional Payments then the following extra sentence is added in the "Method of Payment" block - "Additional payments may be combined with regular payments when debiting your Bank Account.". This highlights to the borrower that the additional payments may not actually create an extra direct debit as they may be combined with a regular payment.

This change has been made to LoanContract_NZCCCFA.dot, version 1.19.