FEATURED INSIGHT
November 11, 2024
The APR for an average loan of $3000 over 18 months with an interest rate of 29.95% (which includes all setup fees our Payment Protection Plan and third party charges) is 35.9 %. These charges are variable and dependent upon the amount, term of the loan and costs incurred. Example 1 – representative example of a loan where the amount borrowed is $3000 with our payment protection plan: interest rate is 29.95%. If the repayment time is 78 weeks then the instalment would be due weekly at $58.87 with a final payment of $58.72 Example 2 – Representative example of a loan where the amount borrowed is $1500 with our payment protection plan: interest rate is 29.95%, if the repayment time is 52 weeks then the instalments would be weekly at $44.83 with a final payment of $44.77. APR 56.7 %. Minimum Prepayment Time 3 Months / Maximum Repayment Time 3 Years. *Loan applications are subject to responsible lending checks.
