Bike loans around Cairns don’t always come with a low rate. At EziLend, their loan rate for motorcycles is currently at 6.9%- compared with 8.1% at other lending establishments, you’ll save money over the course of your loan. Consider the standard $15,000 bike loan at 6.9% and take a look at how affordable your payments will be:
- If you decide to pay the loan off entirely in 2 years, your weekly payments stand at $154, monthly at $670
- Pay it off in 3 years, your weekly payments stand at $106, your monthly at $462
- Pay it off in 4 years, your weekly payments stand at $82, your monthly at $358
- Pay it off in 5 years, your weekly payments stand at $68, your monthly at $296
- Pay it off in 6 years, your weekly payments stand at $58, your monthly at $255
- Take the entire 7 years to pay off your bike loan and your weekly payments will stand at $52, your monthly at $225
There are many reasons why locals seek out personal bike loans in the Cairns area. Consider just a few of them:
- A personal loan through EziLend is much more affordable than using a credit card because the loan rates are very low. You’ll pay off your personal loan at a much faster pace than if you were to try to pay it off at a credit card rate.
- The fixed rate of a personal loan makes it very attractive- and affordable. EziLend provides bike loans to Cairns residents in one lump sum that they are allowed to pay off at the term that is right for their situation. You can choose to pay it off quickly or take the standard 5 or 7 years- all with a fixed rate you won’t have to worry about. You’ll know how much you’re expected to pay off, whether weekly, f/nightly or monthly, from the start of the loan to the finish.
- A fixed rate is much more manageable on a budget than any other type of access to capital. If you live on a budget, you can work with your lending agent prior to the loan to ensure your recurring payments fit within your budget.
Locals thinking about bike loans in Cairns call Colin Harding with their questions and concerns. Talk to Colin now by calling 1 300 850 447 or fill in the online application at ezilendcairns.com.au. Whether you’re a first time borrower and need some assistance making sense out of financing or are loan experienced and just looking for a great rate, EziLend can help you achieve your goals. Bike Loans Cairns
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†The comparison rate is based on a personal secured loan of $30,000 over 5 years. The comparison is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates are current as at Feb 10, 2015 and vary due to credit score, loan purpose. Amount and subject to change. Ezilend is a trading name of Nationwide Finance and Loans Pty Ltd Australian Credit Licence number 452913.
*Rate subject to credit criteria and loans over $100,000.
Australian Credit License Number 452913