Student financing
Pay for your car over fortnights
Built for international students. The car price is split evenly — there is no interest while you pay on time.
Plan A
4 fortnights
Paid off in about two months.
$5,747.50 per fortnight
On a $22,990 car.
Plan B
10 fortnights
Smaller payments across about five months.
$2,299 per fortnight
On a $22,990 car.
How it works
Step 1
Apply online
Send your details and documents. It takes about ten minutes.
Step 2
We review
Our finance team checks your visa, study and income details.
Step 3
You are approved for an amount
Your approval is a dollar figure you can spend on any car up to that price.
Step 4
Pick your car and start
The first fortnight is charged and your card is saved for the rest.
Step 5
Pay it off
Each fortnight is charged automatically until the car is paid off.
What you need
About you
- Name and surname
- Visa grant number
- University
- Date you finish studying
Money
- Employer name
- Rent amount
- School fees amount
- The amount you need approved
Documents
- Passport
- Bank statement
- Payslip
- Visa grant letter
- School ID card
If a payment is late
If an instalment is not paid by its due date, 1% interest per fortnight is added. It compounds on the whole outstanding balance, including interest that has already been added.
| Fortnights late | Owing on a $2,299 instalment |
|---|---|
| 1 | $2,321.99 (+$22.99) |
| 2 | $2,345.21 (+$46.21) |
| 3 | $2,368.66 (+$69.66) |
| 4 | $2,392.35 (+$93.35) |
| 5 | $2,416.27 (+$117.27) |