Personal Loan and Debt Consolidation Loan


Fees and Charges
 
At GE Money we're committed to educating our customers about our fees and charges. An important part of this is letting you know about some of the options available to help you reduce or avoid fees altogether.

How can I avoid paying late fees
  • Paying by direct debit saves you time and the hassle of manual repayments, it also helps you to avoid fees from missed or late payments.
  • Make sure you have sufficient funds in your account so all direct debits and other scheduled payments can be made.
  • If your circumstances change which could affect your repayments, call us on 0800 022 646 to discuss your options.
  • You can also make additional repayments so you pay off your loan sooner and save on interest‡.
Below is a summary of your fees and charges. For a more detailed explanation, please refer to your Contract Documents.
Establishment Fee
A once only fee for establishing your account		$275
Early Termination Fee
Applied if your loan is paid in full before the end of the loan term		$40
Payment Handling Fee
Charged for each payment other than by mail or direct debit		$1.50
Direct Debit Dishonour Fee
Applied if a direct debit is rejected by the paying bank		$10
Cheque Payment Dishonour Fee
Applied if a cheque payment is rejected by the paying bank		$10
Late Payment Fee
This applies if you don't make the whole of the minimum payment by the due date*		$35
‡Early payout fee applies.
*Charges at 7 days.