How does tailored interest rates impact my business?

From the 14th February 2023, Brighte is introducing new tailored interest rates for the Brighte Green Loan and Brighte Personal Loan.

With this update, your business will need to update all marketing material that includes the Brighte Green Loan and Brighte Personal Loan rates for consistency and regulatory requirements.

Important changes to note:

When speaking to potential customers, please include the language of ‘starting from’ or ‘from’ when discussing the base rates, for example:

• The Brighte Green Loan rate starts from 9.49% p.a.*

• The Brighte Personal Loan starts from 11.49 p.a.*

Changes to your website:

If you have included our rates on your website, please update the language to reflect the starting from rate and the disclaimer.

Please make this change to go live on your website on 14 February 2023.

Make sure you include the following disclaimer in addition to any disclaimers currently on your website.

Brighte Green Loan disclaimer:

The advertised interest rate is Brighte’s lowest rate based on a customer with an excellent credit profile. The final interest rate and repayment amount will be provided if an application for credit is approved. Information and interest rates are current as at Feb 2023 and are subject to change. All applications for credit are subject to Brighte’s credit approval. Fees, terms and conditions apply.

Brighte Personal Loan disclaimer:

The advertised interest rate is Brighte’s lowest rate based on a customer with an excellent credit profile. The final interest rate and repayment amount will be provided if an application for credit is approved. Information and interest rates are current as at Feb 2023 and are subject to change. All applications for credit are subject to Brighte’s credit approval. Fees, terms and conditions apply.

Co-branded assets

Please email marketing@brighte.com.au for approval before distributing any co-branded Brighte assets. We’re here to assist you anyway we can.