RateSetter’s bushfire donation commitment

RateSetter will donate establishment fees from broker-introduced loans toward bushfire relief on 24 January, aiming for $50k

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In recent weeks, Australians have witnessed the devastating impacts of an extreme bushfire season on our communities, environment and emergency services. We recognise the extraordinarily harsh conditions so many are facing. We want to do what we can to help relief efforts across the country.

For all broker-introduced loans drawn down as a result of a RateEstimate lodged at any time on 24 January 2020 (Friday before Australia Day), we will donate any establishment fees (or ‘credit assistance fees’) to the Australian Red Cross’ Disaster Relief and Recovery Fund.

Contacting our network of over 10,000 brokers we are hoping to be able to donate around $50,000. We know this commitment can make a real difference and go some way to alleviating the very real horror Australians are enduring.

We hope our brokers join us in our efforts to assist communities affected by this unprecedented crisis. We also encourage brokers to provide information to their clients about our hardship assistance arrangements so we can support our borrowers as they need.

RateSetter is committed to Australia’s clean energy revolution and mass uptake of renewable energy technologies. Through its renewable energy lending platforms, RateSetter is the largest loan provider for solar systems and batteries and has funded over $60M in renewable energy loans to date (resulting in CO2 emission reductions of approximately 40,000 tonnes).