Our Fees

The interest rate we offer you will be set by reviewing your loan application and assessing your personal profile which may include a dealer margin. Our assessment of your personal profile includes your:

• Credit history

• Stability

• Financial commitments

• Work status

• Security that is offered for the loan

• Loan structure.

Eurofinance will charge default interest charges in the event of a default in payment and while the default continues.

Default interest is only payable on the amount actually in default from when it is due until it is paid.

Default Interest is calculated daily and charged monthly.

A monthly fee to cover the cost of managing the loan. Charged at the frequency selected by the customer.

A fee is charged for processing and approving a new loan application, as disclosed in the individual loan contract.

Payable if the loan is paid in full before the final payment is due.

Payable if payment is made 21 days after it is due.

A fee to search and register a security interest on the Personal Property Securities Register.

Charged when payment is dishonoured or returned unpaid by the customer’sfinancial institution.

The actual cost of repossessing and selling the vehicle that was offered as security.This may include all costs and expenses incurred in enforcing the contract. For example, but not limited to repossession agent fees, repair bills, legal fees, storage costs, selling cost.