Omega Loans
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Are you looking for a hassle-free way to get some quick cash? Maybe it’s for that purchase you just can’t wait for, or to take advantage of a great deal before you miss the opportunity. Or, perhaps an unexpected expense has come up and you don’t want to compromise your lifestyle.
How It All Works
Making an application
The first step, of course, is to fill out our easy-to-understand application form. You will be asked to supply details such as name, phone number emails, etc.
Accepting a loan offer
After your loan has been reviewed and verified, You will be notified and presented with a loan agreement. Check over your agreement again to make sure all your details are correct, and if you are happy, you will be able to electronically sign to complete your application.
Getting your money
Once a lender has received your digitally signed loan agreement, then your funds will be sent to your nominated bank account, usually the same day. A lot of lenders utilize faster payments these days. If the lender you have taken a loan with uses this service, then you could have the money in a matter of minutes. Though this does depend on if your bank accepts faster payments as well.
Rest assured, there are no hidden transaction fees. This makes it easy to know exactly what you’re signing up for. Omega Loans From Omega Credit Union does not charge more than the amount of the facilitation fee (plus a one-time late fee if you do not pay after the loan repayment grace period). The loan amount does not compound or accrue.
Grow with Omega Loans From Omega Credit Union and build your limit up to $2000 by making your loan repayments on time
PERSONAL LOAN RATES AND FEES
Loan Amounts: $50 – $2000
Maximum Annual Percentage Rate (APR): 16.50% - 21.00%
Tenure: 3 months to 2 years
Processing fee: None
Onboarding fee: None
Terms: Depending on the loan amount for which you are eligible, you have the option to choose repayment terms of up to 2 years. Every loan amount we offer has the option to repay in a minimum of 62 days.
Representative Example
Assumed borrowing of $1,000 over 12 months at an annual interest rate of 14.9% (fixed) would result in a representative rate of 14.9% APR, monthly repayments of $89.77, and the total amount repayable is $1,077.24.
Customers have the option due to the extension to repay their loan amounts even up to 12 months as a package from Easy Loans.
Our Promise of Safety and Security
We take your privacy very seriously and we will never share your personal information with anyone except with strict permission from you.
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