Legal

Terms and conditions

1. Subject to approval and funding. Harmoney’s interest rates range from 5.35% p.a. to 19.09% p.a. (Comparison Rate 6.14% p.a. to 19.99% p.a.) and are offered based on the individual borrower’s credit assessment according to Harmoney’s credit scorecard. In order to be approved and list your loan you must meet Harmoney’s credit criteria and responsible lending requirements. Fees, charges, terms and conditions apply.

2. Comparison rate of 6.14% is based on an unsecured personal loan of $30,000 over 5 years. WARNING: The comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs, fees, government charges like stamp duty, and cost savings are not included in the comparison rate but may influence the cost of the loan.

3. Establishment fee of $275 for loans up to $5,000 and $575 for loans $5,000 and over. Fixed rates range from 5.35% p.a. (Comparison Rate 6.14% p.a.) on 36 to 60 month terms, with no early repayment penalties.

Example loan. A Harmoney Personal Loan of $20,000 borrowed for 36 months with a fixed interest rate of 5.35% p.a (comparison rate 6.14% p.a.) the total amount you would need to repay would be $22,316 (made up of $20,000 principal, interest of $2,316 and a $575 establishment fee).