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About Lender Fees
We have provided information below on fees charged by lenders we advise on. You can find full fee information in the loan contract, and we recommend that you check the fees before accepting a loan offer. You can find information on fees we charge for our services here.
We describe the mandatory fees charged by lenders below. Lenders add the establishment fee and the PPSR fee to your loan, in addition to the amount you want to borrow. You are not charged fees if you do not take out a loan. Lenders may also charge you other fees while you have the loan, for example if you repay the loan early or if you default on a loan. We describe some of those fees below. Please note that fees are subject to change. While we endeavour to ensure the information below is current, please refer to your loan contract for full fee information.
Establishment Fee: This fee is charged by the lender for processing your loan application.
PPSR Fee: This fee is charged by the lender for registering security you provide for the loan on the Personal Property Securities Register (PPSR). For example, registering a vehicle as security for a vehicle loan. The PPSR Fee charged by lenders we advise on ranges from $6.90 to $14.
Monthly Fee: Also known as a Maintenance Fee or Administration Fee. The Monthly Fee is charged by lenders we advise on while you have the loan and ranges from $0 to $9.85.
Other Fees: Lenders may charge other fees while you have the loan such as an Early Repayment Fee, Loan Modification Fee and Default Fee. Some lenders provide information on these fees online- click on “Lender Fee Schedule” links below to see each lender’s own fee schedule. Full fee information will be provided in the loan contract.
Lender |
Establishment Fee |
PPSR Fee |
Monthly Fee |
Lender Fee Schedule |
Marac |
$136 |
$7.39 |
$0 |
|
Heartland |
$136 |
$7.39 |
$0 |
|
CFS |
$350 |
$ |
$0 |
|
Latitude |
$240 |
$14 |
|
|
Oxford |
$180 |
$8.05 |
$5 |
|
Avanti Finance |
Vehicle Loans $205 Secured Personal Loans (using a vehicle as security) $230 Unsecured Personal Loan $140 |
$9.10 |
$9.85 (for vehicle loans) |
|
Branded Financial Services - Vehicle Loans |
$205 |
$9.10 |
$9.85 |
|
Finance Now |
$215 |
$6.90 |
$2.50 |
|
UDC |
$235 |
$10.35 |
$2.00 |
|
Geneva Finance |
Up to $345 |
Varies |
$2.00 per week |
IMPORTANT INFORMATION
*Fixed interest rates for vehicle and personal loans range from 9.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. The actual interest rate charged to you will depend on your circumstances, the type of lending required, the security provided, and the lender.
Fees apply, including an establishment fee of up to $350 and an introducer fee of up to $995. Also, lenders may charge a PPSR fee of between $0 and $14. For example: On a loan of $5,000 over 12 months at 10.95% p.a. with Establishment and Introducer fees totalling $495 and a PPSR Fee of $7.39, the total amount to repay is $5,835.93 which is 12 monthly payments of $486.34. Those amounts don’t include ongoing fees, such as Service Fees, charged by the lender. You can find full fee information in the loan contract. We recommend that you check the fees before accepting the loan offer.
Approval is subject to meeting lending criteria, and affordability test applies. Our lender will independently assess whether you are eligible for a loan.
One hour application decision subject to affordability test, the applicant meeting the lending criteria and supplying all the required information to process the loan application.
Same day payout subject to the applicant meeting the above conditions and completing loan documentation by 12pm.