Obtain Lower Rates, Flexible Secured Personal Loans that Work for You

Personal collateral-backed financing is a highly competitive market sector which means rate variations and lower rates can be found. We make the process of finding the lowest rates fast and easy with our brokers handling the entire process. We have access to over 80 lenders to ensure we have the market covered when it comes to getting our customers the best rates. When we source the best offer from across many lenders, there is no impact on our customer’s credit profile.

With security provided and with our brokers handling lender negotiations, our customers may have the opportunity to get approved for larger amounts and be offered a repayment schedule that suits their budget.

Save time to secure the lowest rates on secured borrowing by contacting us today.

• Collateral-backed loans from over 80 lenders.
• Experts to find you the right lender.
• Fixed low rates, negotiated terms, flexible repayment schedules.

While security is provided with collateral-backed finance, lenders will still have to approve that collateral, the purpose of the lending and the applicant’s creditworthiness. Applicants must meet the Consumer Credit Law criteria of being over 18 years of age and providing details of income, employment, financials and personal data.

In addition, applicants will need to meet the individual lenders’ criteria. Criteria can vary but we know the matrix used by our lenders, and can select the lender that best suits each of customer. Suitability may be in relation to the collateral provided, the asset-based financing options available, how the loan will be used and the credit profile of the applicant. We assist and support customers through the entire process and liaise with our lenders.

To find the right lender for your asset-backed finance requirements, connect with us online or by phone.

• Specialists to handle application and approval.
• Experts to match you with the right lender criteria.
• Quick online application process.

Key to approval of loans against assets is acceptance of the collateral. When purchasing new and many second-hand cars, boats, caravans and motorbikes, the goods are typically accepted by lenders as suitable collateral.

But for loans for other purposes such as travel or other non-tangible uses, borrowers may be required to offer other collateral. These many include real estate, vehicles or investment accounts. The assets must not be under finance. Approval of collateral is subject to individual lender guidelines.

We know what collateral is accepted by which lenders and can assist customers in finding the right lender. Contact us to have a broker match you with the best lender.

• Use cars, bikes, boats, caravans as collateral.
• Utilise real estate, investment assets as finance security.
• Specialists to assist with asset-based financing options.

Primarily personal financing is available with either a secured or an unsecured credit product. There are differences in the features, rates and risks with each.

Unsecured options do not require collateral and as such have a higher risk to lenders and attract higher rates. Collateral-backed financing provides security for lenders, a lower risk and as such, lower rates are achievable.

But rates on unsecured credit may be variable or fixed and provide greater flexibility with repayment options for borrowers. Secured credit is typically at a fixed rate which may provide assurance that the rate and repayments will not change over the term.

With collateral arranged, lenders may be prepared to approve higher amounts on asset-backed credit. The major risk with asset-based financing options is losing the asset if they default on repayments. As specialists in personal financing, we offer both options and can assist borrowers with the right solution for their purpose.

Have a specialist broker at Jade analyse your best options for you.

• Lower rates on secured compared with unsecured loans.
• Unsecured may provide flexibility, secured may provide assurances.
• Experts to assist with analysing your most suitable option.

While lenders have the security of collateral with secured financing products, the credit score of the applicant still remains key to any offer made. Lenders assess the creditworthiness of applicants when making offers for interest rates, approving credit amounts and for being flexible with repayment terms and schedules.

Prior to applying for credit, borrowers may consider improving their credit profile by paying down debts such as other loans and credit cards, and fixing any errors which may appear. Having a good credit score is critical to the best loans.

Lender criteria around credit scores can vary across the lending market. As specialists, we know the criteria of our lenders and match the right lender with each customer. For the best rates from the right lender, contact us.

• Credit score impacts rates, term, repayments.
• Improve credit profile prior to application.
• Use experts for the lender to match the credit profile.

When taking on credit, a major consideration for most borrowers will be the repayments. That figure must work with their budget, their income and their financial goals. The repayment amount is calculated based on the loan amount, rate and term. Repayments remain fixed with fixed rates but can potentially change with variable rate credit.

A longer loan term can mean lower repayments, but a larger amount of total interest. While a shorter term may result in a higher repayment figure but less total interest. Making the loan effectively cheaper. Borrowers can use our calculator to estimate repayments on different amounts, over different terms and at different interest rates.

Most lenders offer monthly repayment schedules, but we do have lenders that also offer weekly and fortnightly repayments on certain credit products. Scheduling repayments in line with salary may assist budgeting.

To achieve a repayment plan that will work with your financial situation, speak with one of our brokers.

• Flexible repayment options available.
• Online calculator to estimate repayments.
• Experts to negotiate workable repayment schedules.

Secured credit is an extremely popular form of financing to acquire a wide range of goods and for other purposes. When considering this credit option, borrowers should consider the risk of using the asset as collateral.

The purpose of collateral is so the lender has the assurance that should the borrower default, they can take ownership of the collateral, sell it and recoup the funds owed to them. The risk is that the asset may be lost. Borrowers should also consider the value of the collateral offered in relation to the funding requested. Using our services provides borrowers with experts to explain all aspects of their credit options.

Get in touch with us today to speak with a Jade broker to discover your best options.