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Salt & Lime - Debt Consolidation Loan

Secured | Fixed

The Salt & Lime Debt Consolidation Loan offers an advertised interest rate from 20.50% p.a. and a comparison interest rate from 16.72% p.a.. The Salt & Lime Debt Consolidation Loan is a Fixed rate, Secured loan with a borrowing range of between $4,000 and $30,000 and a loan repayment term of between 1 and 5 years.

More Salt & Lime Debt Consolidation Loan details can be found below or visit Salt & Lime to learn more or apply.

Compare Personal LoansProduct Image For Salt & Lime - Debt Consolidation Loan - Secured | Fixed
A Secured loan with an advertised rate from 20.50% p.a. and comparison rate from 16.72% p.a.
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Advertised Rate

From 20.50% p.a. to 39% p.a. Fixed

Comparison Rate

From 16.72% p.a. to 35.28% p.a.

Loan Term

1 to 5 years

Borrowing Range

$4,000 to $30,000
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Interest

Rate Type
Fixed
Advertised Rate
From 20.50% p.a. to 39% p.a.
Fixed
Comparison Rate
From 16.72% p.a. to 35.28% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily

Loan Security

Loan Security
Secured
Secured By
Vehicle

Loan Terms

Loan Term
1 to 5
years
Borrowing Range
$4,000 to $30,000
Repayment
Monthly, Weekly, Fortnightly

Fees

Establishment Fee
$0
one off
Loan Service Fee
$0
per month
Early Repayment Fee
$0
per event

Who is the product designed for?

The Target Market for this product is customers who need a loan for debt consolidation purposes and have the financial situation to borrow money to do so, while wanting certainty of repayments not changing over terms up to 7 years and with the flexibility to make extra repayments.

Needs and objectives

  • A person that is seeking a personal loan over a fixed term for purposes of debt consolidation, or singular personal, household, or motor vehicle purchases.

Financial situation

  • A person that;

    • Requires a minimum credit amount of $4,000, and up to $75,000
    • Can meet repayments including both principal and interest portions due, satisfying Salt & Lime’s credit assessment criteria
  • A person that;

    • Wants the certainty of a fixed interest rate, and the flexibility to make extra repayments to save on interest, with no fee penalties, and flexible repayment options
    • Wants the option to reduce the interest portion of their loan repayment

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