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Version 2.0.pdf

20221231-MoneySpot-Consumer-Loans-TMD-v2.0.pdf
Preview of Version 2.0
🔗 Source: moneyspot.com.au
📊 Size: 186 KB
👤 Author: CustomerService12
⬇️ Downloads: 53

Summary

MoneySpot Finance Pty Ltd's Target Market Determination describes the target market for its personal loan products, which are designed for Australian residents over 18 years old requiring loans for personal purposes. The target market includes individuals with regular after-tax income of over $1,200 per month, who can make consistent loan repayments and have the financial capacity to make principal repayments, fees, and interest. The loans are for amounts between $200 and $5,000 with maximum terms of 16 weeks for small amount loans and 20 weeks for medium amount loans. The target market is unlikely to include individuals solely reliant on Centrelink benefits, those who gamble excessively, or those seeking to borrow money to meet existing loan repayments. The product is intended for consumers who need to cover unexpected expenses, meet temporary cash shortfalls, or pay short-term bills.

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Description

MoneySpot Finance Pty Ltd's Target Market Determination describes the target market for its personal loan products, which are designed for Australian residents...

Technical Information

  • File Format: PDF
  • File Size: 186 KB
  • Pages: 2
  • Language: EN
  • Author: CustomerService12
  • Total Downloads: 53
  • Last Updated: 2 months ago

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