Consumer Loan
A consumer loan can either be unsecured or secured, a secured consumer car loan will generally be a car loan where the usage is predominantly for private usage.
Suitable For
- Anyone wishing to purchase goods for mostly personal use.
- Motor Vehicles, motor cycles, boats and caravans.
Benefits
- Depending on your profile, a deposit is not always required
- You have the option to pay out the loan ahead of its term, there could be penalties in doing so, however.
- A balloon or residual payment at the end of the term can be negotiated with the lender. This can reduce the regular monthly repayments.
- Remove interest calculated daily
- Remove payments may be tax deductible
- Options available for non homeowners
- Competitive rates & fees
Features
- Term 1 – 7 years
- Minimum Loan Amount of $10,000
- Fixed or variable interest rate
- Ability to finance all fees
Please Note:
Clients should gain advice from their accountant for their circumstances.
Consulate Finance are a part of the S3F Group
