Personal loans are a cost-effective way to access cash so that you can buy items without having to save for them first.
Interest Rate
Personal loans are each assessed individually and given a credit score that determines the rate.
Repayment
Loan repayments are usually split accross the life (term) of the loan. You can choose a loan term between 3 and 7 years. To reduce how much you pay in interest it is recommended you choose a shorter loan term.
Securities
We have both Secured and Un-secured loans. Secured loans generally have lower rates and are secured against an unincumbered vehicle.
Other Conditions
Borrower has to be an Australian Citizen with a regular income.
ASIC (NCCP) requirements will be applied such as serviceability calculations and verification of income and assets.