Comparison Rate Schedule
| Loan Amount | Loan Term | Comparison Rate p.a. | Annual Percentage Rate |
|---|---|---|---|
| $2,500 (secured) | 2 years (fortnightly example) | 69.72% | 48.00% |
WARNING: This comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Loan Costs
Interest: 4% per month
Establishment fee: $400 (capitalised)
Charges that may become payable
Payment dishonour fee: $25 for each dishonoured payment
Reasonable enforcement expenses actually incurred may also become payable in the event of default, to the extent permitted by law.