Costs of borrowing
Consumer lending fees from 21 March 2025
Real Finance must ensure our consumer lending fees are and remain reasonable. If fees applicable to your loan account change during the course of your loan, we will notify you prior to making any such changes. Below are the costs of borrowing consumer credit through us. For commercial lending please see our Business Range. If you have any questions please contact us.
Interest rates
Real Finance’s current standard interest rates on consumer lending range from 9.95% p.a to 39.95% p.a (check out our current promotions). The rate applicable to you will depend on your specific circumstances, taking into account:
- How much you want to borrow; and
- The term of your Loan; and
- Your income and other financial commitments; and
- Your credit history; and
- What collateral (if any) is being offered to secure your loan; and
- Any other pertinent information.
Real Finance’s interest rates are fixed for the term of your loan. Interest is calculated daily on the remaining balance of your loan and is debited to your account weekly.
If you are looking to borrow funds for Investment or Business purposes, or to calculate what interest rate would apply to you as a Consumer Borrower, please contact us and speak to one of our friendly team about your unique lending situation.
Default interest
In the event of a default in your repayments and while the default continues, you must pay the default interest rate on the overdue portion of your loan.
Default interest is calculated daily on only the overdue portion of your Loan account, and is debited to your account weekly.
The Default Interest Rate is 10.00% (Mini/Maxi/Rapid Class) or 20.00% (Super/Consol Class) per annum higher than the Interest Rate applicable to your loan.
Standard fees and charges
Not all fees will apply to your loan. Our team will go through the applicable fees with you prior to you being provided loan disclosures, or other fees becoming payable.
INITIAL FEES AND CHARGES (ESTABLISHMENT)
- PPSR Search ~ $2.30
- PPSR Registration ~ $16.10
- Centrix Credit Inquiry ~ $4.02
- Equifax Score Inquiry ~ $7.82
- Wheels Report & PPSR Search – Centrix ~ $6.90
- AutoPlus Check ~ $12.82
- E-Documents Fee ~ $1.05
- EBANK ~ $2.50
- Biometric Verification ~ $13.80
- Valuation Fee ~ Dependent on Your Location & Items
- Certificate of Title Search ~ $45
- Legal Fees ~ Dependent On Action Taken
CREDIT AND ADMINISTRATION FEES
- Loan Statement Fee ~ $8
- Full Pre-Payment Fee ~ $12
- Contract Re-Documentation Fee ~ $43
- Collateral Amendment Fee ~ $36
DEFAULT AND ENFORCEMENT FEES
- SMS (Text) Message Fee ~ $2.51
- Telephone Call Fee ~ $4
- Wheels Report Base Fee – Centrix ~ $3.45
- Consumer Monitor Fee ~ $17
- Letter Fee ~ $5
- Legal Notice Fee ~ $46
- Payment Reversal Fee ~ $2.66
- Travel Fee (per hour) ~ $36
- Home Visit Fee ~ $70
- Default Time Fee (per hour) ~ $50
- Enforcement Fees ~ Dependent On Action Taken
Rapid class
- Establishment Fee ~ $135
- Monthly Administration Fee ~ Not Applicable
- Monthly Default Fee ~ $35
Mini class
- Establishment Fee ~ $135
- Monthly Administration Fee ~ $30
- Monthly Default Fee ~ $35
Maxi class
- Establishment Fee ~ $175
- Monthly Administration Fee ~ $33
- Monthly Default Fee ~ $44
Super class
- Establishment Fee ~ $195
- Monthly Administration Fee ~ $38
- Monthly Default Fee ~ $47
Consolidation class
- Establishment Fee ~ $195
- Monthly Administration Fee ~ $38
- Monthly Default Fee ~ $47
