Types of Loans Offered by Latitude Financial Services
Given below are the different kinds of loan products offered by Latitude Financial Services:
Latitude offers personal loan products that are tailor-made to achieve any kind of end-use purpose. This loan is available in both variable and fixed interest rate structures. The interest rate for a variable-interest-rate personal loan starts at 8.49% p.a., and the interest rate for a fixed-rate loan starts at 11.49% p.a. The loan amount you can obtain starts at $5,000, and you can choose to make weekly, fortnightly or monthly repayments. You can easily repay this loan with tenures ranging from 2 to 7 years. The upfront fee for this loan ranges from 0% to 5% of the loan amount.
Debt Consolidation Loans
A debt consolidation loan from Latitude allows you to destress your life by lowering your debt burden. You can obtain this loan to settle debts with various credit cards and loan offers from other lenders. You can check your interest rates before you apply, and the loan will be sanctioned quickly owing to the easy and hassle-free application process. Once the loan is approved, Latitude will organise the debt consolidation and pay the nominated credit lenders directly. All you will be required to do is repay the loan, one easy-to-track instalment at a time. Now that is sure to make your life easier. The interest rate for a variable rate loan ranges from 8.49% p.a. to 28.99% p.a. The interest rate for a fixed-rate loan ranges from 11.49% p.a. to 29.99% p.a.
Home Renovation Loan
A home renovation loan from Latitude can help you transform your house into a dream home. Latitude offers home renovation loans tailor-made to fit your budget, needs, and lifestyle. The fast and easy application process and quick loan disbursal have made this loan the ideal choice for any borrower. You can get loan amounts starting at $5,000 and easily repay the amount in flexible tenure ranging from 2 years to 7 years. The upfront fee for this loan ranges from 0% to 5% on the basis of the applicant’s credit rating and sanctioned loan amount.
Fund your treatment and procedures with a medical loan from Latitude so that you can look after yourself better. The wide range of health services provided by Latitude will aid you in getting back to your best without having to worry about the cost. You can use this loan for a number of healthcare-related services like Audiology services, laser hair treatment, laser eye surgery, ENT surgery, cosmetic surgery, sleep apnoea treatment, etc.
You can now finance your next vehicle purchase with a car loan from Latitude for a new or used car, caravan, or motorbike. The applicant should be employed with a gross annual salary of $25,000. The applicant should be able to portray a decent credit history for the previous five years. This loan comes with a flexible repayment tenure ranging from 2 to 7 years.