*This site may provide an estimate only of loan repayments but does not constitute a loan offer by Rapid Loans Pty Ltd. Australian Credit Licence 388847. Any estimated repayment amount displayed may vary due to the effect your personal requirements may have on loan repayment calculation. Rapid Loans is committed to responsible lending. All loans are subject to an approval process which is subject to our lending criteria and an assessment of borrower suitability.
1Subject to assessment of affordability and suitability.
All secured loans have a maximum Annual Percentage Rate (APR) of 48% or less. A secured personal loan of $2,500 with a 24 month term has a maximum total cost of credit, including all applicable fees, of $1,617.43 which equates to a maximum Annual Cost Rate (ACR) of 48.00% and a maximum Comparison Rate of 66.25%. For personal loans, there is a minimum loan repayment period of 6 months and maximum loan repayment period of 24 months. A secured Car Loan of $10,000 with a 36 month term has a maximum total cost of credit, including all applicable fees, of $8,940.50, which equates to a maximum ACR of 48.00% and also a maximum CR of 48.00%. Car Loans have a minimum loan repayment period of 18 months and maximum loan repayment period of 40 months.
Please note the following Government warning:
Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
