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 Our Bad credit Car finance rate is 19.50% to 29.95%                Cash Loans 360% The terms and conditions depend on the risk of the loan but below is a typical deal 

CREDIT FEES AND CHARGES Interest Rates annual interest rate from 19% to 29.95% per annum. The Rate that applies to your loan will be based on a range factors including your circumstances, credit history with us or others, the security you can provide and the loan amount. Once set, our interest rate is fixed for the term of your loan. Method of charging interest Interest charges are calculated by multiplying the unpaid balance at the end of each day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest is charged to your account monthly. The following credit fee(s) and charge(s) (which are not included in the initial unpaid balance) are, or may become, payable under, or in connection with, the contract. Your credit contract may allow the creditor to vary this/these fee(s) and charge(s). Withdrawal Fee; $10.00 per additional advance made to you. Administration costs and fees payable on full prepayment are disclosed under the full prepayment heading. Establishment & Brokerage Fee Establishment and Brokerage fees range from $60 to $425 depending on the Broker and amount borrowed. Default interest charges and default fees In the event of a default in payment, and while the default continues, you must pay the default interest charges. In the event of a breach of the contract or on the enforcement of the contract, the default fees specified below are payable. Your credit contract may allow the creditor to vary these fees and charges. Default interest is charged from the time you fail to make a due payment until the arrears are paid. Default interest charges are calculated by multiplying the amount in arrears at the end of the day by a daily default interest rate. The daily default interest rate is calculated by dividing the annual default interest rate by 365. Interest is charged to your account at the end of each month. Annual Default Interest rate is the higher of the annual interest rate or 32.0%. Default fees: Cancelled Direct Debit Letter Fee: $10.00 fee per letter sent Reminder Letter Fee; $5.00 fee per letter sent Dishonour Letter Fee; $5.00 fee per letter sent Pre-Possession Notice Letter Fee; $10.00 fee per letter sent Repossession Authority Letter Fee; $25.00 fee per letter sent Final Warning Letter Fee; $10.00 fee per letter sent Additional fees will be added for amounts payable to third parties should this account be referred for repossession or debt collection. These amounts will be charged at commercial rates. Indicative repossession fees are in the range $90-$450 + GST, and are payable whether or not the goods are recovered. Should it be necessary to appoint a field agent to make a personal visit there will be a charge ranging from $60-$100 + GST. Should the account be referred to a debt collection agency there will be a fee charged by that agency of 20%-30% of the outstanding balance. Should it be necessary to resort to legal action to recover the debt, in addition to the debt collection agency fee there will be an additional $345 charge to cover preparing the legal documents, and document service, as well as applicable district court filing fees. FULL PREPAYMENT If you pay the unpaid balance in full before the final payment is due (full prepayment), you may be required to pay a fee or charge to compensate the creditor for any loss resulting from the full prepayment. The creditor may have suffered a loss if the creditor’s current interest rate is lower than the interest rate applying to your original consumer credit contract. You may also have to pay the creditor’s administrative costs relating to the full prepayment. The amount you may have to pay to compensate the creditor for the loss is calculated using the formula prescribed in regulation 9 or regulation 11 of the Credit Contracts and Consumer Finance Regulations 2004 Administrative costs/ fees: $40.00, will be charged for staff time, overheads and loss in accordance with sections 43(2), 51(1)(c) and s54 of the CCCFA 2003