What repayment terms can I have?

With your repayments, most lenders allow you to choose weekly, fortnightly or monthly repayments. You can select which ever option works best for you.

With regards to the length of the loan, this depends on the type of loan product you are obtaining.

For personal loans, if you borrow less than $15,000 your loan term can be between 0 and 5 years. If you are borrowing more than $15,000 your loan term can range from 0 to 7 years.

For home loans, the loan term ranges from 25 – 40 years depending on which lender you are using.

Before you proceed with a loan you will be presented with options, allowing you to choose the option which best suits you.