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Those who don’t qualify for a bike loan may be able to use an unsecured personal loan, though this carries a slightly higher interest rate. Champion Broker can help you organise a secured or unsecured personal loan quickly getting that bike sooner!
Personal loans are each assessed individually and given a credit score that determines the rate.
Loan repayments are usually split across the life (term) of the loan. You can choose a loan term between 3 and 7 years. To reduce how much you pay in interest it is recommended you choose a shorter loan term
We have both Secured and Un-secured loans. Secured loans generally have lower rates and are secured against an unincumbered vehicle.
Borrower has to be an Australian Citizen with a regular income. ASIC (NCCP) requirements will be applied such as serviceability calculations and verification of income and assets.
Grameen Pty Ltd Trading as Champion Broker ACL No: 497227
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