Credit24 - description of the lender

Company

Credit24 services enable you to keep your finances under control in a convenient, secure, hassle free and flexible way.

Interest

Max. APR 94.37 %

Representative example

Loan amount: $1000, Loan term: 6 months, Monthly payment: $230, Total amount repayable: $1920, APR: 38 %
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

Fees associated with total cost of loan:

Establishment fee: 10% to 15% of the loan amount;

A monthly account fee: 4 % of the loan amount;

A late fee: $25.00 per month

Requirements

To be eligible for a Credit24 loan you must:

Be a Permanent Resident

Be aged 18 years or over

Be employed and get paid into your bank account

Have a good credit history

Earn at least $1,000 in a month

Must not have more than 1 ongoing small loan (small loan is a loan of up to $2,000 with a repayment term of up to 12 months)

Documents

To complete the application process, you will need to provide Credit24 with the following additional information:

Your mobile phone number and email address

Your driver’s license and/or Medicare Card number or passport number may be required

A copy of your last three months of issued bank statements or E-Statements. Th

Registration number

Australian Credit Licence number: 422839