Auto loan Plenti: Compare rates and fees

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Things to consider about a Plenti car loan

Plenti is a provider of consumer loans, which means that its products are financed by one or more investors, rather than by a bank. If you are looking to be rewarded for your good credit history, Plenti offers fair and personalized rates on its flexible car loan product.

Depending on your preferences, you can opt for a secured or unsecured loan. Choosing to secure your loan can lower your repayments because it poses less risk to the lender. Plenti car loans are available for amounts of $ 10,001 To $ 100,000, and they are available under the terms of 3 years, 5 years or 7 years, with prices starting from 4.89% per year

Features of the Plenti car loan

  • Competitive rates. This loan offers competitive rates.
  • Price estimate. You can get a rate estimate before submitting a full application without affecting your credit score. This process will also show you all the fees and charges that you will need to pay so that you are aware of everything before committing to the loan.
  • Fixed rate. All rates are fixed, so your repayments will not change during the life of the loan.
  • Transparent pricing structure. Once you have applied for the desired loan amount and term, a calculator will show you the fees and charges that will be applied to your loan in a pie chart.
  • Fast approval process. Once you have completed your loan application, you will know whether or not you have been approved for the loan within 48 hours. Once your loan is approved, the funds will be in your account the next business day.
  • Unsecured and secure options. When you apply, you will be given the option of securing your loan with the vehicle, which may reduce your repayments.
  • Term of the loan. This loan has the option of a term of 3 years, 5 years or 7 years.
  • Monthly repayment structure. With a monthly repayment structure, you can easily determine how much you need to set aside to pay off your loan.
  • Pre-approval. If you’ve decided you need a car loan but haven’t found a car, Plenti will approve you 30 days in advance so you can find the car you want.
  • Amount of the loan. Borrow between $ 10,001 and $ 100,000.
  • Additional refunds are without penalty. You can make additional repayments for this loan free of charge.
  • Company car financing. Businesses cannot obtain auto financing with Plenti. However, individuals can acquire a small business vehicle, for example Uber drivers.

Fees and charges

Plenti’s car loan fees vary depending on the type of loan, the length of the loan, and your personal situation / credit history. That being said, you can expect something similar at the following fees:

  • Interest rate: Of 4.89% per year
  • Credit assistance fees: Expenses from $ 249 to $ 799 is billed when the loan is first set up.
  • Late reimbursement fees: This is charged if you fail to make a payment on time.
  • Monthly fee: No monthly account management fees are charged.

How to apply for a Plenti car loan

To apply for a Plenti car loan, simply click the “Go to Site” button on this page to directly visit the lender’s website and complete an application form. You will be supposed to be:

  • 21 years or older
  • An Australian citizen or permanent Australian resident
  • Able to prove a regular source of income
  • Someone with a good credit history
  • Able to provide personal information including your bank details

Once these details are ready, it is important to determine how long you want the loan to be, how much you want to borrow, and how much you can afford to repay each month. Once you have received your personalized repayment plan from Plenti, all you have to do is enter a few more personal information, such as your employer’s name and phone number and how much you are earning, then wait for approval. .

Please also note that although Plenti’s car loan offering is competitive, it is always a good idea to compare your car loan options before submitting an application to ensure you get the loan that’s right for you.


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