OurMoneyMarket - New & Used Car Loan
Secured | Fixed | No Vehicle Age Limit
The OurMoneyMarket New & Used Car Loan offers a Fixed rate, Secured loan and a loan repayment term of between 1 and 7 years. The OurMoneyMarket New & Used Car Loan has comparison interest rates from 7.19% p.a. and advertised interest rates from 6.57% p.a. It also has a borrowing range of between $2,001 and $75,000. The early repayment fee with this loan will be $0.
More OurMoneyMarket New & Used Car Loan details can be found below or visit OurMoneyMarket to learn more or apply.
A comparison rate of 7.19% p.a. and an advertised rate of 6.57% p.a. The loan type will be Secured.
Advertised Rate
From 6.57% p.a. to 18.99% p.a. Fixed
Comparison Rate
From 7.19% p.a. to 21.78% p.a.
Loan Term
1 to 7 years
Borrowing Range
$2,001 to $75,000
Interest
Rate Type
Fixed
Advertised Rate
From 6.57% p.a. to 18.99% p.a.
Fixed
Comparison Rate
From 7.19% p.a. to 21.78% p.a.
Loan Security
Loan Security
Secured
Secured By
Vehicle
Loan Terms
Loan Term
1 to 7
years
Borrowing Range
$2,001 to $75,000
Repayment
Fortnightly, Weekly, Monthly
Fees
Establishment Fee
From $250
one off
Loan Service Fee
$0
per month
Early Repayment Fee
$0
per event
Late Payment Fee
$35
per event
Dishonour Fee
$25
per event
Who is the product designed for?
Customers who are eligible for this product will have the following minimum characteristics as well as satisfy the eligibility criteria:
- Income Level: $25,000 (after-tax) or greater
- Savings required: N/A
- Residency: Australian Citizen or Permanent Resident
- Employment status: Employed or Self-employed
- Age Group: 18-72
- Loan term: 1-7 years
- Loan amount: $2,001.00 - $75,000.00
- Interest Rate: Fixed
Visit OurMoneyMarket to view Target Market Determination Effective From: 2023-07-20.
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