RATE COMPARISON
FREEDOM FINANCE PERSONAL LOAN RATE COMPARISON
| Freedom Fixed Rate Loan |
7 Year Term |
3 Year Term |
| Interest Rate1 |
14.9% |
14.9% |
| Comparison Rate |
15.88% 2 |
20.14% 3 |
| |
|
|
| Establishment Fee |
$325 |
$100 |
| Monthly Administration Fee |
$8.00 |
$7.00 |
| Payment Dishonour Fee |
$12.75 |
$12.75 |
Important Information
All applications for credit are subject to Freedom’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply.
1 Rates as at Friday, 28th October 2016 and subject to change.
2 This comparison rate is based on an average loan of $14,500 over 7 years
3 This comparison rate is based on an average loan of $2,241 over 3 years
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as payment dishonour fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Freedom Money HOME IMPROVEMENT LOAN RATE COMPARISON
| Freedom Money Fixed Rate Loan |
3 Year Term |
5 Year Term |
| Interest Rate1 |
11.90% |
11.90% |
| Comparison Rate |
13.22%2 |
12.93%3 |
| |
|
|
| Establishment Fee |
$195.00 |
$195.00 |
| Monthly Administration Fee |
$6.00 |
$6.00 |
Important Information
All applications for credit are subject to Freedom’s credit assessment criteria. Terms and conditions are available at (T&C link) Fees and charges apply.
1 Rates as at (launch day)
2 This comparison rate is based on an average loan of $20,000 over 36 months
3 This comparison rate is based on an average loan of $20,000 over 60 months
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as payment dishonour fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.