Interest Rates

Interest rates for consumer finance loans are priced using a risk matrix that take into consideration a range of factors that include your credit score and affordability.

Based on the assessment of the information provided we will assign a risk grade, and a corresponding interest rate could apply.

These grades coorespond to a interest rate band starting from:-

Secured personal loan rates

Risk Grade Teir 1 Teir 2 Teir 3 Teir 4
Interest rate %p.a. 8.95% 12.95% 14.95% 18.95%

Unsecured personal loan rates

Risk Grade Teir 1 Teir 2 Teir 3 Teir 4
Interest rate %p.a. 12.95% 18.95% 21.95% 26.95%

These are indicativeĀ unsecured personal loanĀ rates only and may be subject to change without notice

Default interest rates
Default interest rates are normally set at 5% above the stated rate, and are recorded on the face of the contrcat. This information is disclosed under the section headed "Default interest charges and default fees"