City Finance
About the Business
Welcome to City Finance, a trusted establishment in Corio, Australia. As a leading financial institution, we understand that life can sometimes throw unexpected curveballs your way. Whether it's car repairs, a new appliance, or any other big costs that come along at the wrong time, we are here to help.
At City Finance, we offer fast cash loans starting from $500 and above, with flexible repayment terms ranging from 12 to 52 weeks. We believe in providing affordable repayment options that suit your individual needs. Our application process is fast, simple, and stress-free, ensuring that you can get the funds you need when you need them. In fact, we even offer same-day funding for your convenience.
Our loan options range from $500 to $5,000, giving you the flexibility to choose the amount that best fits your financial requirements. For our small amount credit contracts (SACC) loans, which range from $500 to $2,000, we charge an upfront Establishment Fee of 20%, along with a monthly maintenance fee of 4% charged on the anniversary of your loan's start date.
To provide you with a clear example, let's consider a SACC loan amount of $1,000 over 30 weeks. This loan would include the principal amount of $1,000, an establishment fee of $200 (20% of the loan amount), and fees based on 4% per month over 30 weeks, totaling $280. Therefore, the total repayable amount would be $1,480, to be paid in 30 weekly installments of $49.33.
For our medium amount credit contracts (MACC) loans, which range from $2,001 to $5,000, we charge a flat upfront Establishment Fee of $400, along with an Annual Percentage Rate (APR) of 48%. To illustrate, let's consider a MACC loan amount of $2,500 over 30 weeks. This loan would include the principal amount of $2,500, an establishment fee of $400, and reducing interest totaling $431.80. The total repayable amount would be $3,331.80, to be paid in 30 weekly installments of $111.06.
At City Finance, we strive to provide transparent and affordable loan options to our valued customers in Corio and beyond. We are committed to helping you navigate through any financial challenges you may face, providing quick and reliable solutions. Visit our establishment at 31 Detroit Crescent or contact us today to learn more about how we can assist you with your financial needs.
Location & Phone number
31 Detroit Crescent, Corio, Victoria 3214, Australia
Reviews
"took a small loan, they now debited the full amount with any signed authorization or verbal authority. Illegal transaction, they have not authorized refund and not calling me back to create solution. Have been on phone to the team 4 times today over 4 hours, no solution and no one knows what is happening. Terrible result."
"Great company very helpful"
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