Terms and Rates

 

• Loans are between three months and 36 months (three years) preferred.

• Ezi Finance Interest rates range from 15.95% to 29.75%

(Interest rates will depend on value and the term of the loan)

• Our default interest rate is 5% over and above the annual interest rate

  not income based.

 

$145.00

$195.00

$295.00

$290.00 – $390.00

$390.00 - $495.00

 

 

Credit Checks Fees

 

This is Ezi Finance doing their due diligence to ensure that we have full knowledge of the individual borrower’s financial situation.  These vary from $6.90 - $17.42 per client. This is an actual cost or transaction value, this is not income based

 

Additi

 

 

 

 

onal Fees that may be charged

$1.50

$1.95 per bank account

$0.60 - $1.75

$3.45 -$11.00

$10.00

Insurance Cover (PPI) – Personal Protection Insurance cover is an optional extra. The cost of this may be included in the loan and varies based on loan amount and income source.

 

 

Account Maintenance / Administration Fee

 

This is a fee that is charged per instalment towards the on-going maintenance and processing of a loan. It is a contribution towards an actual cost or transaction value, this is not income based

 

 

 

 

 

 

 

$2.00

$4.00

$8.00

 

 

Default Fees

 

These are the fees that are charged should the loan contract be breached at any stage.  These fees compensate Ezi Finance for the costs incurred by us in order that we enforce or remedy a breach under the agreement

 

$3.00 per missed payment

$10.00 Per e-mail

$15.00 per letter

$45.00 per visit (Local)

• Loans are between three months and 36 months (three years) preferred.

• Ezi Finance Interest rates range from 15.95% to 29.75% per annum

(Interest rates will depend on value and the term of the loan)

• Our default interest rate is 5% over and above the annual interest rate

(Default Interest is charged on the arrears amount only not the full balance owing)

 

Method Of Charging Interest

 

Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest is charged to your account weekly.

 

 

Service Fees

 

Establishment Fees

Establishment fees are defined as fees or charges that relate to the costs incurred by the creditor in connection with the application for credit, processing and considering the application, documenting the contract and advancing the credit. This fee is charged at the application process and will be added to the initial unpaid balance.

 

Basic Review and Restructures

Full Reviews

Joint Full Reviews

Consolidation Individual

Consolidation Joint

 

 

Credit Checks Fees

 

This is Ezi Finance doing their due diligence to ensure that we have full knowledge of the individual borrower’s financial situation.  These vary from $6.90 - $19.70 per client. This is an actual cost or transaction value, this is not income based. This fee is  be charged at the application process and will be added to the initial unpaid balance.

 

 

Additional Fees that may be charged

 

This fee will be charged at the application process and will be added to the initial unpaid balance.

 

E-Signing Fee

Bank Statement Fee

Drivers Licence verification Fee

Consumer address trace Fee

A credit balance refund fee

 

Insurance Cover (PPI) – Personal Protection Insurance cover is an optional extra. The cost of this may be included in the loan and varies based on loan amount and income source. Personal protection Insurance (PPI) protects you for the repayment of your loan obligations to the Financer, if you suffer an insured event.

(PPI) offers various cover options. The extent of your cover only applies to the insured events and benefits, which are shown in your policy schedule.

(PPI) is calculated on a percentage of the loan basis

 

 

 

 

Account Maintenance / Administration Fee

 

This is a fee that is charged per instalment towards the on-going maintenance and processing of a loan. It is a contribution towards an actual cost or transaction value, this is not income based.

 

Weekly Loans

Fortnightly Loans

Monthly Loans

 

 

Default Fees

 

These are the fees that are charged should the loan contract be breached at any stage.  These fees compensate Ezi Finance for the costs incurred by us in order that we enforce or remedy a breach under the agreement. This fee will be added to the unpaid balance.

 

Default Fee

E-Mails

Letters

Home Visits

Terms and Rates

Ezi Finance charge no early settlement fee

Fast Cash Loans - Ezi Finance.

0800 394 346

Terms and Rates

 

• Loans are between three months and 36 months (three years) preferred.

• Ezi Finance Interest rates range from 15.95% to 29.75%

(Interest rates will depend on value and the term of the loan)

• Our default interest rate is 5% over and above the annual interest rate

(Default Interest is charged on the arrears amount only not the full balance owing)

 

 

Method Of Charging Interest

 

Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365. Interest is charged to your account weekly.

 

 

Service Fees

 

Establishment Fees

Establishment fees are defined as fees or charges that relate to the costs incurred by the creditor in connection with the application for credit, processing and considering the application, documenting the contract and advancing the credit. This fee is charged at the application process and will be added to the initial unpaid balance.

 

Basic Review and Restructures   $145.00

Full Reviews                                 $195.00

Joint Full Reviews                         $295.00

Consolidation Individual                 $290.00 – $390.00

Consolidation Joint                        $390.00 – $495.00

 

 

Credit Checks Fees

 

This is Ezi Finance doing their due diligence to ensure that we have full knowledge of the individual borrower’s financial situation. These vary from $6.90 - $19.70 per client. This is an actual cost or transaction value, this is not income based. This fee is  be charged at the application process and will be added to the initial unpaid balance.

 

 

Additional Fees that may be charged

This fee will be charged at the application process and will be added to the initial unpaid balance.

 

E-Signing Fee                              $1.50

Bank Statement Fee                     $1.95 per bank account

Drivers Licence verification Fee       $0.60 - $1.75

Consumer address trace Fee         $3.45 -$11.00

A credit balance refund fee             $10.00

 

Insurance Cover (PPI) – Personal Protection Insurance cover is an optional extra. The cost of this may be included in the loan and varies based on loan amount and income source. Personal protection Insurance (PPI) protects you for the repayment of your loan obligations to the Financer, if you suffer an insured event.

(PPI) offers various cover options. The extent of your cover only applies to the insured events and benefits, which are shown in your policy schedule.

(PPI) is calculated on a percentage of the loan basis.

 

 

Account Maintenance / Administration Fee

 

This is a fee that is charged per instalment towards the on-going maintenance and processing of a loan. It is a contribution towards an actual cost or transaction value, this is not income based.

 

Weekly Loans           $2.00

Fortnightly Loans       $4.00

Monthly Loans           $8.00

 

 

Default Fees

 

These are the fees that are charged should the loan contract be breached at any stage.  These fees compensate Ezi Finance for the costs incurred by us in order that we enforce or remedy a breach under the agreement. This fee will be added to the unpaid balance.

 

Default Fee                $3.00 per missed payment

E-Mails                     $10.00 Per e-mail

Letters                      $15.00 per letter

Home Visits              $45.00 per visit (Local)