Personal Car Loan

Charged monthly · A monthly fee for the management of your loan account.

This fee applies for replacement; supplementary; or new payment cards when you switch from Direct Debit to another payment method after the loan start date. You can avoid this fee by setting up a Direct Debit on all your future repayments, so you don’t pay fees on your regular repayments.

This fee applies if your loan is repaid before its scheduled end date. Customers can find information about this fee on their Loan Schedule. Customers can also request an Early Termination Quote to help them decide whether to terminate early. This fee can be avoided by continuing with scheduled loan repayments until the agreed completion date of the loan.

The cost to set-up your approved loan is payable upon loan settlement and can be included within the amount financed. This is referred to in your contract as your Loan Account Establishment Fee.

This fee applies if you request contract documentation from Power Alliance Finance. You can avoid this fee by logging in to Power Alliance Finance Online where you can view, download, and print your loan documentation online without incurring this fee

This fee applies if you’re late or miss a repayment, and your account goes into arrears. Power Alliance Finance will contact you about the overdue amount, and this is mentioned in your loan contract as an Arrears Follow-up Fee. You can avoid this fee by ensuring that your account does not go into arrears. You can also change the date of your payments by contacting us.