Vehicle-Backed Loans vs Payday Loans

01/07/2026/0 Comments/by

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Please Note

AutoPawn are not Pay Day Lenders or Personal Loan Facilitators.

Loans are for 90 days. Interest is calculated per month or part there of.

A Monthly Percentage Rate (MPR) of 25% is charged.

For example if you were to borrow $1,000 the interest would be calculated at 25% per month (or part thereof) equating to $250 per month.

The Annual Percentage Rate (A.P.R.) of 300%. However we stress that these loans are specifically designed to be short term loans are for 90 days not annual loans.

Phone 1300 55 66 80

Vehicle-Backed Loans vs Payday Loans

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