OurMoneyMarket - Used Car Loan - $5,000-$100,000
Secured | Fixed | No Vehicle Age Limit
The OurMoneyMarket Used Car Loan - $5,000-$100,000 offers an advertised interest rate from 6.57% p.a. and a comparison interest rate from 7.19% p.a.. The OurMoneyMarket Used Car Loan - $5,000-$100,000 is a Fixed rate, Secured loan with a borrowing range of between $5,000 and $100,000 and a loan repayment term of between 1 and 7 years.
More OurMoneyMarket Used Car Loan - $5,000-$100,000 details can be found below or visit OurMoneyMarket to learn more or apply.
A Secured loan with an advertised rate from 6.57% p.a. and comparison rate of 7.19% p.a.
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
$5,000 to $100,000
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.
Application Frequency
Monthly
Calculation Frequency
Daily
Loan Security
Loan Security
Secured
Secured By
Vehicle
Loan Terms
Loan Term
1 to 7
years
Borrowing Range
$5,000 to $100,000
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
- Employment status: Employed or Self-employed
- Age Group: 18-72
- Loan term: 1-7 years
- Loan amount: $5,000.00 - $75,000.00 (or $100,000 for passenger motor vehicles only)
- Interest rate type: Fixed
Visit OurMoneyMarket to view Target Market Determination Effective From: 2024-10-02.
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Fair Comparison provides information relating to online trading platforms. We are not providers of loan, credit, or any other financial products nor are we an investment broker. While we aim to provide information about a variety of platforms or products, we do not provide information about all platforms or products available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific platforms or products. Should you choose to apply for a platform or product which is listed, you will deal directly with the platform or its broker/representative. We aim to provide useful and up-to-date information, but you should always carefully check information with the platform provider prior to opening an account or making a financial decision. If you are unsure, you should seek clarification from the platform or independent financial advice.