3.99% APR for 60 Months (GE Capital)
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 Capital 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 3.99% for 60 Months (APR of 4.62%)* (Monthly payments required. Valid on Amount Financed of $2500 or more on Exmark purchases of $2500 made between 1/1/2013 and 4/30/2013 on your Exmark installment loan account.) Model Disclosure *Offer subject to credit approval by GE Capital Bank. Applies to purchases of Exmark equipment of $2500 or more made between 1/1/2013 and 4/30/2013 on a Exmark installment loan account. Fixed rate of 3.99% will be assigned based on credit approval criteria. Examples: Based on Amount Financed of $8000 over a 60-month term with a $125 Origination Fee and rate of 3.99%, required monthly payments will be $149.60 with a 4.62% APR. Exmark minimum amount financed is $2500, and based on credit approval criteria, a down payment of up to 10% may be required.