It can be quite disillusioning to discover how your bank truly sees you. You may have thought of your relationship with your bank as a friendship, only to find that they view their relationship with you on strictly business terms. If your bank wasn’t there for you at a time when you needed them most, turn to EziLend. Their agents work hard for clients to get car loans throughout the Cairns area and its surrounds.
With interest rates on car loans at just 5.3% in Cairns, you’ll find their rates much lower than the standard 6.2%, which will translate to a lot of savings over time. While the standard car loan is around $30,000, you’ll find financing through EziLend from $5,000 to $150,000- and everything in between. For the typical $30,000 loan, you can take from 2-7 years to repay the funding, with estimated rates as follows:
- Take 2 years to pay off your loan and pay $304 weekly or $1320 monthly
- Take 3 years to pay off your loan and pay $208 weekly or $903 monthly
- Take 4 years to pay off your loan and pay $160 weekly or $694 monthly
- Take 5 years to pay off your loan and pay $131 weekly or $570 monthly
- Take 6 years to pay off your loan and pay $112 weekly or $487 monthly
- Take the full 7 year term to pay off your loan and pay $98 weekly or $428 monthly.
With EziLend, you have the option of adding a balloon payment on to the end of your term to reduce your weekly or monthly payments every further. If you foresee having access to money in the future, you may consider a balloon payment that will make your payments much more manageable. For example, on the $30,000 in our above illustration, a $5,000 balloon payment can reduce your monthly payments by more than $70 per month over the span of a 7 year loan.
EziLend makes the process of applying for car loans in Cairns quick and easy. Simply visit EziLendCairns.com.au and start the pre-approval process right from the website. Being pre-approved for a car loan can provide a great feeling of relief, especially if you are in need of a vehicle quickly, due to an unexpected event.
If you’d like to speak with an agent, feel free to call Colin Harding at 1 300 850 447, EziLend’s Cairns agent, who will be more than happy to help you during any step of the process, as well as answer any questions you may have. EziLend has you, the client, in mind, from start to finish. Find out why locals love EziLend. Car 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