The CDF has adjusted interest rates effective 1st April 2023 to reflect the Reserve Bank change of 7th March 23.
Most loan and operating account interest rates will increase by 0.25% leading to standard loan rates of 6.30% and operating accounts 2.10% to 2.30%, depending on balance.
Loan repayment values are not automatically increased to give clients budgetary certainty. Contact CDF to make another arrangement or for any queries.