At Easy Financing, we make sure our customers what costs are involved in taking out a loan with us. There are no hidden fees.
Credit Fees
If you are looking to take out a loan with us, the following costs will apply:
- Interest Rate: 30% per annum
- Establishment Fee: 20% of the loan amount or $400 whichever is the lesser
- Credit Assessment Fee: $10.00
- Direct Debit Fee: $1.40 per payment
- Monthly Account Fee: $10.50
- Re-scheduled Payment Fee: $35.00
Default Fees
If you think you might miss a payment we encourage you call us before hand and let us know. Generally the following fees will apply to your loan if you are in default:
- Missed Payment Fee: $35.00
- Arrears Management Fee: $10.00 per month
- Enforcement Fees: at cost