Costs - fees and interest
what you see is what you get
We’ve made our loans clear and fair. There are no hidden costs, small print or surprises. See our fees below.
We pride ourselves on being a responsible lender. A big part of that is ensuring that all of our customers understand the fees and charges associated with their loan. If there is something you don’t understand, just ask our team or check our Q&A.
what you see is what you get
small
$500 to $2000
4 to 16 weeks
Types of loans
Types of loans
small
Fee structure
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Establishment fee 20% of Principal
fee charged for processing, assessing and approving your finance application, this will only be charged if your application is approved
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Monthly Service Fee 4% of Principal
Monthly Fee Charged For Ongoing Term Of Loan
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Defaulted Fee $35
Fee Is Charged In Full In The Event You Default On Your Direct Debit Repayment in Accordance with Your Loan Agreement
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external debt collection and/or legal costs as incurred
Payable In The Event A Debt Collector Is Assigned To Your File, And In The Event We Pursure Legal Avenues To Retrieve Funds, Legal Costs Will Be Charged To Your File.
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Debt Recovery Field Call $100
This fee or such higher amount as we may incur may be payable and debited to your account and form part of the balance owing if we or our agent have cause to visit you in regard to your outstanding.
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Default Notice $35
If your loan is in arrears and we find it necessary to issue a Default Notice, this fee may be debit-ed to your account and form part of the balance owing.
warning about borrowing
