How it Works

3 Step Process

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Find

a Vet Clinic

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Apply

To get Pre-Approved

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Schedule of Fees   Collection Fees
- Application Fee (Unsecured Loan): $65.00   - Reminder Notices: $5.00
- Application Fee (Secured Loan): $90.00   - Missed Installments between $6.00 & $10.00: $5.00
- Booking Fee applied to Loans between $500-$999: $100.00   - Missed Installments between $11.00 & $15.00: $10.00
- Booking Fee applied to Loans between $1000-$1499: $200.00   - Missed Installments between $16.00 & $20.00: $15.00
- Booking Fee applied to Loans between $1500-$3999: $250.00   - Missed Installments over $21.00: $20.00
- Booking Fee applied to Loans between $4000-$5000: $300.00   - Final Demand Fee: $25.00
- Booking Fee applied to Loans over $5001.00: $350.00   - Prepossession Notice: $25.00
- Refund fee: $10.00   - Repossession Authorisation Fee: $45.00
- Early Settlement Fee: $50.00   - In house tracing Fee: $25.00
- Security Transfer Fee: $45.00   - Debt Collection Transfer Fee: $200.00
- Documentation Courier Fee: $4.00   - Issuance of Court Proceedings: $100.00
- Statement Request Fee:
(charged at the discretion of the company)
$5.00   - Restructure Fee:
or 10% of the cash price(whichever is greater)
$25.00
Interest rates:

Smartcover Finance Annual Interest rates are variable depending on the customer's credit score. The below Risk Rating chart is based on your Veda credit score.

HIGH RISK

0 - 350

27.95%

POOR

351 - 550

23.95%

FAIR

551 - 700

20.95%

GOOD

701 - 850

19.95%

EXCELLENT

851 - 999

17.95%

Does not qualify for Interest Free Interest Free for 6 months

Default Interest Rate:

In the event of the customer defaulting in payment of an amount payable under our contracts, interest charges will accrue on the entire overdue portion at the default interest rate of 6% while the default continues.