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Personal Loan
A Personal Loan is a finance product where the financier lends
the money to the client but may not secure it against a
tangible asset. The interest rate is generally higher in case
of a personal loan if the financier does not secure the loan
against an asset ie in this case a car. Interest rates are
generally fixed for the life of the loan. Client takes
ownership of the vehicle immediately and commences paying of
the personal loan.
Want to know more?
Call us on (03) 9888 9292 and we will be happy to discuss your options with you.
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