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Loanterms
FixedLoanTerm:12months
OurEquiMaxloansaresetupover12months,butyou'refreetopaythemoffearlywithnopayoutpenalties!
Representativeexample:Basedonaloanof$2,500over24months,aborrowercanexpecttorepayatotalof$4,510.33.Thisreflectsacomparisonrateof65.61%p.a.andincludes$416inupfrontfees,whicharedeductedfromtheamountborrowedatthestartoftheloan.
WARNING:Thiscomparisonrateistrueonlyfortheexamplegivenandmaynotincludeallfeesandcharges.Differentterms,feesorloanamountswillresultinadifferentcomparisonrate.
FeebreakdownEstablishmentFee$400ApplicationFee$0CreditCheck&PPSRFee$16InterestRate47%p.a.(comparisonrate65.61%)
Directdebitdishonourfee$35.00feemaybechargedifyoumissascheduledpayment.Pleasenote:Additionalfeesapplyeachtimeapaymentismissedorreturnedunpaid,whichcanincreaseyourtotalcostandmayextendyourloanterm.
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