FOTON Financial Services - Consumer Loan
A consumer loan designed to help customers purchase a new or used asset for personal use. The loan features a fixed interest rate and no deposit requirement.
- From
- 9.36%
- 11.09% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 3 years Representative rate for a Consumer Loan on a 3, 4, or 5 year term. At least 50% of applicants will receive the Representative rate, or lower. It is calculated based on the interest rate offered on recent loan applications submitted within a 30 day period. It may not be the actual rate that you receive. Your interest rate will be based on a number of factors including but not limited to your credit score, property ownership status, the asset you are purchasing, loan amount and any discount your introducer may offer. Your actual rate will be confirmed in your finance documentation if your application is approved. | 9.36% | 11.09% | — |
| Fixed · 4 years Representative rate for a Consumer Loan on a 3, 4, or 5 year term. At least 50% of applicants will receive the Representative rate, or lower. It is calculated based on the interest rate offered on recent loan applications submitted within a 30 day period. It may not be the actual rate that you receive. Your interest rate will be based on a number of factors including but not limited to your credit score, property ownership status, the asset you are purchasing, loan amount and any discount your introducer may offer. Your actual rate will be confirmed in your finance documentation if your application is approved. | 9.36% | 11.09% | — |
| Fixed · 5 years Representative rate for a Consumer Loan on a 3, 4, or 5 year term. At least 50% of applicants will receive the Representative rate, or lower. It is calculated based on the interest rate offered on recent loan applications submitted within a 30 day period. It may not be the actual rate that you receive. Your interest rate will be based on a number of factors including but not limited to your credit score, property ownership status, the asset you are purchasing, loan amount and any discount your introducer may offer. Your actual rate will be confirmed in your finance documentation if your application is approved. |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment fee | Upfront | $595.00 |
| Introducer origination fee The origination fee will vary based on your introducer. | Upfront | $0.00 – $1,495.00 |
| Personal Property Securities Register (PPSR) fee Fee payable for each security to be registered as a security interest on the PPSR website. | Upfront | $6.00 |
| Security registration administration fee Fee payable for each security to be registered as a security interest on the PPSR website. | Upfront | $3.95 |
| Monthly repayment fee Charged monthly · Payable each time a monthly repayment is due. | Ongoing | $12.95 |
| Fortnightly repayment fee Charged every 14 days · Payable each time a fortnightly repayment is due. | Ongoing | $5.95 |
| Dishonour fee Payable each time a payment instruction is dishonoured. |
Features
- Finance available for new or used motor vehicles including utes. — New or used assets
- Available terms of 2, 3, 4, 5, 6 and 7 years. — Flexible loan terms
- Have the certainty of a fixed interest rate and repayment amount for the life of the loan. — Fixed interest rates and repayments
- Repayments can be made fortnightly or monthly, giving flexibility to manage your payment options. — Repayment frequency options
- Where available, additional finance inclusions such as comprehensive insurance and extended warranties may be included in the total amount financed, subject to credit criteria. — Additional finance inclusions
- Where available, option to include a balloon payment for loan terms up to 5 years, subject to credit criteria. — Balloon payment option
Eligibility
- Minimum age — 18 yearsAll applicants are required to be 18 years or over.
- Individuals onlyApplicants must be a natural person. Consumer loans are available for individuals and co-borrowers.
- Residency status — Applicants must be an Australian or New Zealand citizen, or a permanent Australian resident, or hold an acceptable visa that is valid for the loan term. Applicants must reside in Australia.
- Applicants must hold a valid licence suitable for the asset being financed.
Constraints
- Minimum limit — $5,000.00Minimum loan amount for motor vehicles including utes.
- Maximum limit — $200,000.00Maximum loan amount for motor vehicles including utes, subject to credit criteria.
Published by FOTON Financial Services under the Consumer Data Right · Last updated 8 July 2026 · Product ID 48a2c637-26b6-4284-9d14-8253029a80a7