Loyalty Bonus Offer Terms

The stratton Early Termination Loyalty Bonus Offer covers the cost of any early termination fee charged by your lender if you wish to replace your vehicle and choose stratton facilitate the loan.  This offer is available to customers that have a new loan settled with stratton after the 3rd of January 2017.

Terms & Conditions of the stratton Loyalty Bonus Offer

 

  1. Your loan must be a consumer loan written by stratton and have settled after 3 January 2017.
  2. You must have held your existing loan for at least 13 months and be in good standing.
  3. The Cashback amount will equal the actual termination fee incurred for your existing loan.
  4. The new loan must be for an amount equal to or greater than the existing loan amount in the same name.
  5. Any new lending is subject to credit criteria, fees and charges, Cashback is limited to one per customer contract.
  6. Cashback is payable within 30 days of the new loan settling.
  7. Cashbacks are paid via EFT to the borrower’s name and account details we hold on record for the new finance contract.
  8. stratton shall not be liable for the loss of funds paid to an incorrect bank account due to incorrect EFT details provided.
  9. Stratton is not responsible for any costs in relation to your participation in the Cashback offer.
  10. You should seek independent financial advice as to any tax implications that may arise as a result of accepting the Cashback.
  11. Payment of the Cashback is subject to any applicable law or regulation that applies at the time of payment.
  12. In the case of the intervention of any outside act, agent or event or force majeure which prevents or significantly hinders stratton’s ability to proceed with the Cashback in the manner described in these terms and conditions, stratton may, in its absolute discretion cancel this Offer, subject to any written directions given under applicable laws.
  13. You acknowledge and agree that the Cashback is a loyalty promotion offered by stratton and your decision to engage stratton or enter into any loan arrangement has not been influenced by any representation in relation to the Cashback.