Debt Consolidation

The information which you calculate from this Calculator is intended for use by you as a guide only, it is not an offer and has no legal effect on any contracts entered into by you. This simulation and the resulting calculations do not constitute a loan application or offer. The figures and formulae used within this calculator may change at any time without notice.

Should you apply for any loan via us, separate calculations will be made and your calculations won’t be taken into account. All Interest rates displayed ‘are guides ONLY’, repayments as a result of this simulation have no legal offering.

RACT accepts no responsibility for any losses arising from any use of or reliance upon any calculations or conclusions reached using the calculator.

Information provided on this calculator does not constitute an offer of finance. Any loan request is subject to assessment against standard lending criteria. Fees and charges may apply. This calculation does not take into account any fees, charges or government taxes which may apply to either the calculation of the loan amount or the monthly repayments, such as GST or Luxury Car Tax (where applicable).

Terms and conditions – bundle offers

• This offer is available for new car, boat and caravan loans only.
• Free RACT Roadside is available for 12 months.
• Offer only available when Comprehensive Car Insurance has been purchased through RACT Insurance.
• Gifted RACT Roadside membership is not transferable.
• Already an RACT Advantage member? Then you will receive an upgrade to Roadside Ultimate for a further 12 months, regardless of whether you buy insurance.
• Already an RACT Ultimate member? Then we will extend your membership for a further 12 months at expiry, regardless of whether you buy insurance.

Finance Conditions, fees and charges apply. Rate subject to change without notice. The 5.69% rate applies to new car loans only. Rates for used car loans may vary **RACT Members receive 1% p.a. discount off their loan rate only. Member discount does not apply to the new car special rate. ^Comparison rate calculated on a loan amount of $30,000 secured over a term of 5 years based on monthly repayments. WARNING: This comparison rate applies only to examples given. ^^For loans on new vehicles $15,000 and over, for home buyer or home owner applicants only. Different amounts and terms will result in different comparison rates. Costs such as redraw or early repayment fees and cost savings such as fee waivers are not included in the comparison rate, but may influence the cost of the loan. RACT Loans are provided by R.A.C.V. Finance Ltd ABN 82 004 292 291 Australian credit licence 391488. and are subject to R.A.C.V. Finance lending criteria. RACT acts as an agent for R.A.C.V. Finance only in relation to applications for, and the approval and funding of, RACT Loans and is not an agent of R.A.C.V. Finance for any other purpose.

Insurance The insurer of the Comprehensive Car Insurance product is RACT Insurance Pty Ltd ABN 96 068 167 804 AFS Licence No 229076. RACT acts as an agent for RACT Insurance Pty Ltd, not as your agent. A Product Disclosure Statement will be provided to you before you acquire the product and should be considered to ensure the product is right for you.

Roadside For RACT Roadside terms and conditions click here.

In event of an issue with our loan product or service
RACT is committed to providing fair and prompt resolution to any issues that may arise with your RACT Loan. Should you wish to make a complaint please email finance@ract.com.au or by phoning 13 27 22 and requesting the General Manager, Retail Network.

If you are not satisfied with the result of your complaint you may also contact the credit provider, R.A.C.V. Finance Ltd. by phone 1800 675 958 or mail to Level 10, 485 Bourke Street, Melbourne 3000 or email member_relations@racv.com.au. They will work with RACT to resolve your issue promptly.

Should neither RACT or R.A.C.V. Finance be unable to resolve your complaint to your satisfaction you can seek an external review with Australian Financial Complaints Authority (AFCA). AFCA provides a fair and independent complaint resolution scheme. AFCA replaces the previous scheme, the Credit & Investments Ombudsman (CIO), to provide a free and fast resolution process to consumers and small businesses.

Complaints to AFCA can be made by Phone: 1800 931 678, Email: info@afca.org.au or Mail: GPO Box 3, Melbourne VIC 3001.

Further information about how to raise a complaint can be found in our Finance Company Dispute Resolution/Complaints document. 

Further information about how to raise a complaint can be found in our Finance Company Dispute Resolution/Complaints document.

As from 1 November 2018
Australian Financial Complaints Authority (AFCA) replaces the Credit & Investments Ombudsman (CIO). For more information on AFCA please go to www.afca.org.au. Complaints to AFCA can be made by Phone: 1800 931 678, Email: info@afca.org.au or Mail: GPO Box 3, Melbourne VIC 3001.

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