For your Sample Security Agreement please click here. Please note: Fees set out on the sample agreement are subject to change, as they are frequently reviewed. Our current fees are:

• Establishment fee: Not more than $174
• Administration fee: $1.60

(Fee is payable in accordance with repayment frequency ie. weekly, fortnightly or monthly)

• Default fee: $1.28

(Payable weekly if you are in arrears of payments)

Additional fees which may become payable

• Dishonoured payment fee: $2.37

(Payable where we need to advise you a payment has been reversed by your bank)

• Reminder letter: $3.28

(Payable where you are advised by letter that your loan is overdue)

• Pre-possession notice: $3.28

(Payable if we advise of our intention to repossess)

• Issue of Repossession Authority to Agent: $3.28

(Payable when we issue an authority to repossess to a third party agent)

• Settlement fee: $26.37

(Payable if you repay a loan before your final payment is due)

• Actual costs of Repossession

(Agent fee payable if goods are repossessed)

Third Party Fees which may be payable. These fees are charged at the cost or average cost invoiced to Linsa.

• PPSR Search $2.30 (per vehicle or person)
• PPSR Registration $16.10 (per vehicle)
• Motor Vehicle Check $4.31 (per vehicle)
• Redbook Valuation Check $2.99 (per vehicle)
• Veda Credit Check $10.52 (per person)
• Same day cleared payment fee $5
• Actual costs of Repossession

(Agent fee payable if goods are repossessed)

• Other Charges (Any costs or charges incurred in the collection or enforcement of the contract) – As invoiced or charged to us

For your Sample Online Security Agreement please click here. Please note: Fees set out on the sample agreement are subject to change, as they are frequently reviewed. Our current fees are:

The interest rate is 49.75% per annum, fixed for the whole term of the contract.

As part of the loan process is automated the establishment fees are slightly less than our face-to-face loans. There are however some extra fees including those for Electronic Identity Verification and Electronic Signature fees. A full list of applicable fees follows:

• Establishment fee: $99
• Weekly/ Fortnight Administration fee $1.60

(Fee is payable in accordance with repayment frequency ie weekly, fortnightly or monthly)

• Default fee: $1.28

(Payable weekly if you are in arrears of payments)

• Letter fee: $3.28

(Payable where you are advised by letter that your loan is overdue)

• Payment dishonor fee: $2.37

(Payable where we need to advise you a payment has been reversed by your bank)

• Early settlement fee: Up to $26.37

(Payable if you repay a loan before your final payment is due)

• Pre-possession notice: $3.28

(Payable if we advise of our intention to repossess)

• Issue of Repossession Authority to Agent: $3.28

(Payable when we issue an authority to repossess to a third party agent)

Additional fees which may become payable

• Dishonoured payment fee $2.37
• Reminder letter $3.28
• Pre-possession notice $3.28
• Repossession notice $3.28

(Payable if we advise of our intention to repossess)

• Issue of Repossession Authority to Agent $3.28

(Payable when we issue an authority to repossess to a third party agent)

• Settlement fee $26.37
• Actual costs of Repossession

The following fees are agent fees, and are passed on to the borrower at the price charged to us. There is no markup on these fees.

Electronic Signature: $1.00

Electronic Identity Verification: $1.40

Credit Check: $6.00

Same day cleared payment fee: $5.00