Data & Insights

kNOWledge Base | Data & Insights

Access to monthly reports and financial industry statistics
What does the Consumer Data Right mean for consumers?
Do you know about the Consumer Data Right (CDR) and how it might affect the way you access finance p[...]
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Five Things That Are Hard to Do with Bad Credit
Having bad credit doesn’t affect your day-to-day life until something big comes up.
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Categories: Articles, Data & Insights, Knowledge Base
Victorians Are Borrowing for the Future, Other States Are Living for the NOW
Victoria is renowned in Australia as being the Education State
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Who Wants a Holiday? Well 45% Have it on Their Wish List
Taking a holiday was easily the number one thing on Australian’s wish lists.
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1 in 6 Australians are Not Happy with Their Homes
Australia’s Love Affair with Home Improvements By Numbers
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57% of Personal Loan Applicants Watch TV Online
It’s no secret that people are spending more time online than ever before.
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Where do Personal Loan Applicants Shop for Groceries?
As part of our recent customer survey we asked a wide range of questions.
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New South Wales Most Likely to Borrow for a Holiday
If you’re going to take out a personal loan, you could have such a significant amount of money tha[...]
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What is on the Wish List of the Australian Public?
During a recent NOW Finance customer survey, we asked people what was on their wish list right now
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Survey Shows 25% of Respondents View Testimonial and Review Sites
Australia is behind the global curve when it comes to using online reviews and testimonials as part [...]
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THINGS YOU SHOULD KNOW:

New loans only. Applications for finance are subject to NOW Finance’s lending and approval criteria. Terms and conditions may apply. No fees apply however if you do not comply with the terms of your loan, we may pass on to you any third party enforcement or recovery costs incurred by us. Settlement times may vary depending on individual circumstances. Loan repayment terms range between 18 months to 7 years. For unsecured loans you can borrow between $5,000 to $50,000 with interest rates ranging from 5.95% p.a. (5.95% p.a. comparison rate*) to 17.95% p.a. (17.95% p.a. comparison rate*). For secured loans you can borrow between $15,000 to $100,000 with interest rates ranging from 4.45%p.a. (4.45% comparison rate*) to 15.45% p.a. (15.45% p.a. comparison rate*).  

*ABOUT COMPARISON RATES:

The Comparison Rate is designed to help you understand the overall cost of the personal loan. It combines the amount of the loan, loan term, repayment frequency, interest rate, fees and charges into a single rate to show the total true cost of the loan. The comparison rates for the NOW Finance loans are based on a loan of $30,000 over 5 years. WARNING: The comparison rates given are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. NOW Finance does not charge any fees therefore the true cost of the loan or Comparison Rate will always equal the interest rate quoted.

EXAMPLE:

An unsecured personal loan of $30,000 borrowed for 5 years with the interest rate of 5.95% p.a. (5.95% p.a. comparison rate), would estimate to a minimum total amount payable of $34,686.60 via the weekly payment option. Rates are subject to change.

^CONFIRMED RATE:

Our confirmed guaranteed personalised rate may change if you provide NOW Finance with incorrect personal information or security details. In some circumstances, NOW Finance may require further information from you in order to provide you with your guaranteed personalised rate.

NOW Finance is a trademark of Now Finance Group Pty Ltd ACN 158 703 612 Australian Credit Licence number 425142, as agent for NF Finco 2 Pty Ltd ACN 164 213 030