If you’ve looked into putting solar on your roof, you’ll know there are some significant upfront costs. Rather than squirrelling away all of your spare change, a green loan might help you get it done sooner.
What is a green loan?
What can I use a green loan for?
“Upgrading to an electric vehicle is one of the most common reasons people take out this kind of loan, but you’ll need to make sure the wheels you’re purchasing tick all the boxes for your lender.”
Joanne
Who is eligible for a green loan?
We don’t just talk the talk – we walk it too. Our Sydney office is 100% carbon neutral. We have a thriving worm farm, a veggie patch, and we carefully sort our rubbish to reduce the amount of waste we send to landfill.
Disclaimer: This article contains general information only, and is not general advice or personal advice. Wisr Services does not recommend any product or service discussed in this article. You must get your own financial, taxation, or legal advice, and understand any risks before considering whether a product or service discussed in this article may be appropriate for you. We have taken reasonable efforts to ensure that the information is accurate at the time of publishing, but the information is subject to change. We may not update the article to reflect any change.
*This rate applies only to borrowers with excellent credit histories. Wisr will also offer loans at higher rates to applicants with good histories, but do not meet the requirements for our lowest rates. Interest rates range from minimum 6.49% p.a. to maximum 20.95% p.a.. Loan example: for a borrower with excellent credit, a loan of $30,000 over a 5 year term, with an interest rate of 6.49% p.a. comparison rate 7.31% p.a. and a $595 establishment fee, the monthly repayment would be $598.48 and the total cost over the life of the loan including the establishment fee would be $35,908.80.
**Comparison rates based on $30,000 unsecured loan, fixed over 5 years, with monthly repayments.
