Schedule of Rates and Fees
Personal Loan Interest Rates and Terms
Instant Finance provides loans at an annual interest rate from 19.95% to 29.95% per annum.
The rate that applies to your loan will be based on a range of 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.
DEFAULT INTEREST RATE
If you get behind in your loan repayments, then we may charge a default interest rate on any overdue loan payments, while they are unpaid. The Default rate that we charge is 10% per annum above the Interest Rate that normally applies to your loan.
Loan terms are normally over a maximum term of three years.