NOW Finance awarded the 2021 Mozo Experts Choice Award for Unsecured Personal Loan

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We are proud to announce that NOW Finance has been awarded the 2021  Mozo Experts Choice Award in the Unsecured Personal Loan category. This means that NOW Finance has been recognised as having one of the leading unsecured personal loans on the market.

What makes NOW Finance stand out exactly?

Well according to financial comparison site mozo.com.au, there are a few things, including:

  • A personalised loan assessment
  • Low fixed rates for excellent credit holders
  • No upfront or ongoing fees on all NOW Finance products, which go up to $50k.

Mozo analysed 334 personal loan products from 88 financial institutions, performing a series of cost calculations to uncover the cheapest and most expensive personal loans.

“The NOW Finance Unsecured Personal Loan has proven itself to be a product worth considering, thanks to its flexible features,” said Mozo Expert Judge, Peter Marshall.

“As Open Banking came into effect earlier this year, we’ve seen many borrowers with pristine credit histories reap the benefits, and customers of NOW Finance are no exception. NOW Finance tailor-make interest rates for customers with excellent credit and reward them with low fixed rates, plus they don’t charge any upfront or ongoing fees on all their loans.”

For more information about how you can use the NOW Finance Unsecured Personal Loan to make your financial dreams a reality, check out our loan approval process.

Things you should know

Applications for finance are subject to NOW Finance’s lending and approval criteria. Terms and conditions may apply. No establishment, account keeping or early repayment fees will apply to all new personal loans. Charges such as default or enforcement costs may apply if you do not comply with the terms of your loan. Settlement times may vary depending on individual circumstances. Loan repayment terms range between 18 months to 7 years 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*).

*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. Due to the fact NOW Finance does not charge any establishment, account keeping or early repayment fees, the true cost of the loan or Comparison Rate will always equal the interest rate quoted.

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