Rental Company joins Personal Loan Market

Rental Company joins Personal Loan Market

26 November 2007

Radio Rentals has announced plans to join the personal loan market. Australia's leading household appliance rental company will be offering midterm loans from 12 months to three years for amounts between $1000 and $3000.

Consumer groups have quickly stepped forward to complain about another company about to embark on charging exorbitant fees of up to 48% which Radio Rentals managing director John Hughes quickly rebuked.

Mr Hughes said that people should take a look at their product after it is released on the market and compare it to similar products offered by other finance lenders to people who need access to quick cash loans.

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