As part of the CCCFA (Credit Contract and Consumer Finance Amendments Regulations) 2015 all responsible lenders are now required to publish certain information to help people make a more informed decision when deciding to use finance.
When New Zealand Vehicle Finance arranges vehicle or personal finance for you, it will fall within a fixed interest rate range of 7.95% and 18.95%.
The fixed interest rate charged will depend on your financial circumstances taking into account:
- How much you want to borrow
- Your Income
- The term of your loan
- Other financial commitments
- Your credit history
Although we would like to provide you with a more definitive answer on your interest rate, there are a number of factors that we cannot assess without you completing an application. All our fees as detailed below are identical regardless of the interest rate you are charged.
To Understand the fixed interest rate that will apply to you please call or
email our Business Manager.
The following is a description of the standard fees that may be charged in relation to a finance agreement.