Rapid Loans

• Car loans up to $25,000
• Low-interest up to 18.75%
• Repayment up to 40 months

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Rapid Loans – They have the fasted loan turnaround times

Rapid Loans grant a single standard loan product that can easily be personalised to meet your requirements.

Getting the right car for your loan

They would like to see you drive away in your new car today but they have to be sure that you are getting a good deal from the car seller. In making sure that they are offering you the best long and short-term loan, they need to check the following.

Is the price you are paying fair, is the vehicle registered and is the loan you applied for suited to your financial situation?

What is a secured car loan?

Since the secured loan is safer for both the lender and the borrower, the interest rates and fees are lower. A secured car loan is a commonly known as a lending agreement, wherein the asset acting as security for the vehicle is the loan. Unsecured vehicle loans are quite rare.

Rapid Loans facts

• You are requested to show proof of 3 months unceasing income and place of residence.
• Any government pensions and benefits may be conditionally accepted.
• There are weekly, monthly and fortnightly terms available.
• Vehicles need to be comprehensively insured for the lifespan of the loan.

What is the cost of Rapid Loan vehicle financing?

They offer competitive vehicle loan rates and fees. For example a secured car loan of $10 000 over a period of 36 months, your annual percentage fixed rate will be 18.75%. Comparison rate, which is based on a 36 month period is 48%, but this can change according to your particular circumstances and fees.

You can decide on repaying the loan in as little as 18 months or you might want to take a breather and only pay it over 40 months, but should you want to settle the loan over a period of 24 months, the amount payable would be $8940.78, this would be the total cost including all applicable fees.

How do car loans work?

By applying for a vehicle loan you as the borrower can either apply for a conditional pre-approved for a certain amount before you go shopping, or you could find a vehicle and negotiate a price and then approach a lender to access the necessary funding. Car loans are better-called vehicle loans because it covers trucks, boats, motorcycles as well as caravans.

Get a personal loan fast

When one needs a personal loan, they generally want it to happen as fast as possible, at times it can be very stressful, so their approach to applications, approvals, and payments on personal loans happen rapidly.

Speak to one of their consultants today, they will guide you through the online application process to assist you in getting quick and easy approval needed.

How about you apply for a personal loan on your coffee break, make sure all the steps are followed and if your application is approved, you could possibly receive approval by your afternoon coffee break,

Flexible repayments

Their personal loans are easy to understand and are quite simple, just a minute, how does that match their ability to find a quick loan for just about everyone? The answer is simple, they offer a single personal loan with the flexibility to give you the solution that suits for your needs, instead of offering scores of different loans.

If you are a new customer, you can be, rest assured in knowing that they will treat you as a unique customer in terms of need, budget, and finances. They do pride themselves on their ability in the fact that they are able to find the right personal loan for each of their customer’s applications. And as quickly as possible! From the time of receiving your application to making payment normally only takes 48 hours.

They are well aware that circumstances in life can change throughout the duration of the personal loan and that is why they ensure that your repayments are suited to your needs.

Rapid Loans is a trusted & reliable provider of car loans

In our review, Rapid Loans adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.

✅ Rapid Loans is a registered credit provider in Australia: ACL 388847