1. East Bay Finance does not source loans for terms less than 6 months. The maximum loan term is 84 months. We are an NZ registered Financial Service provider – FSP Number 10841 & also a member of Financial Services Complaints Ltd – our FSCL Number is 4228.
2. It is free to complete an application. A fee to use our service is only applicable when you enter into a loan arranged by us.
3. *Rates of 9.95% are subject to lending criteria and eligibility. 1-hour approval and same-day payout subject to the applicant meeting our lending criteria and supplying all the information we need to process their application. We do not offer “short-term” loans, the terms offered by our providers range from 6 months to 84 months.
4. Annual Percentage Rate (APR): Also known as the ‘comparison rate’, the APR is calculated by adding together the AIR plus any additional fees that may apply (like establishment fees charged by providers). New Zealand law does not require APR disclosure, but doing so can better highlight borrowing costs.