The following information is provided to assist you with making your decision to take a loan with Finance Central.
| Establishment Fee | $80 |
|
Account Fee Only one Account Fee is charged per account based on selected repayment. |
Weekly account fee $0.75 Charged to your account each week Fortnightly account fee $1.50 Charged to your account each fortnight Monthly account fee $3.25 Charged to your account each month |
| Referral Fee | $395 |
|
Late Fee Only one Late Fee is charged per account based on selected repayment. |
Weekly $7.50 Charged to your account each time you are more than 2 days late in paying an amount that is due for the period while the amount is overdue (to cover the additional cost of administering your account while payments are overdue). Fortnightly $15 Charged to your account each time you are more than 2 days late in paying an amount that is due for the period while the amount is overdue (to cover the additional cost of administering your account while payments are overdue). Monthly $33 Charged to your account each time you are more than 2 days late in paying an amount that is due for the period while the amount is overdue (to cover the additional cost of administering your account while payments are overdue). |
| Payment Plan Late Fee |
$3.50 Charged to your account each time you are more than 2 days late in paying an amount that is due for the period while the amount is overdue (to cover the additional cost of administering your account while payments are overdue). |
| Refinance Fee |
$30 Payable if we re-finance your loan contract |
|
Door Knock Fee Other Repossession Fees: locksmith, storage, disposal costs, repossession agents Costs will be charged at the cost levelled on Finance Central |
$35 Charged to your account each time we are required to visit you to discuss an event of default |
| Annual Interest Rate |
10.85% - 29.95% p.a. variable determined by credit risk |
| Default Interest Rate* | 5.00% p.a. |
*This penalty only applies to the amount in default, for the period in default.
To view a copy of our Loan Agreement and Disclosure Statement please click here.
Terms and conditions: Responsible lending criteria, mandatory fees, interest, terms and conditions apply. Interest rate 10.85% p.a. – 29.95% p.a. variable, determined by credit risk. Mandatory fees: Monthly account fee of $3.25 a month (other payment frequencies available), establishment fee of $80 to be paid up front or capitalised over the contract term. Rates and fees may change. Other non-mandatory fees and charges may also apply. Minimum term 12 months. Maximum term 60 months. Security and vehicle insurance may also be required. Limelight Financial Services Limited (trading as Finance Central).