Can I qualify for computer financing even if I have a bad credit history?

Yes – you can qualify for computer financing even with a bad credit history, provided you pass all the required eligibility checks with your lender. Traditional lenders may focus heavily on credit scores, but lenders offering computer financing consider a broader range of factors. They assess your current financial standing, making computer financing accessible despite a less-than-ideal credit history.

Is early repayment allowed for computer financing?

Yes – early repayment is allowed for computer financing. As is the case with all quick payday loans, computer financing comes without early repayment penalties. This means paying off your loan early will help you save money overall.

Am I able to use the funds from my computer financing for purposes beyond the computer?

Yes – beyond the primary purpose of buying a computer, you can use the funds from your loan however you like. Whether you choose to cover additional expenses or allocate the remaining funds elsewhere, such as towards your lifestyle or even something like an engagement ring , the decision is yours. However, it's essential to note that certain restrictions apply to the use of these funds, such as settling other small loans or engaging in prohibited activities like gambling.

How much will my computer financing cost?

Your computer loan costs mainly involve the establishment fee (capped at $400) and monthly fees (capped at 48% of your loan’s total value per year). The precise amount you pay is subject to various factors, including: The loan amount Your loan term (between 16 days and two years) Your chosen repayment schedule (weekly, fortnightly or monthly) Whether you make additional repayments The impact of potential conditional fees, such as late repayment or dishonour fees