What are the details, interest rates and administration fees?

Alex England

Last Update 3 years ago

The Secured Future Savings Plan has two saving loan options: $2,000 or $3,000. The loan term is 36 months, with an added interest rate of 13.99% (APR 27.3390% and 23.0373%). 


In addition, check out the breakdown of the exact details of each of the plans:


For $2400 unsecured loan borrowed for 36 months at 27.3390%: Monthly Payments $82.01; Total repayment including $400 administration fee with additional interest rate. Cash return at the end of term: $2000.


For $3400 unsecured loan borrowed for 36 months at 23.0373%; Monthly Payments $116.19; Total repayment including $400 administration fee with additional interest rate. Cash return at the end of term: $3000.

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