Our Loan Rates
Fees and Repayments
Our MACC (medium amount credit contract) loans of $2,100 to $5,000 include a flat upfront $400 Establishment Fee with a 48% APR.
Loan Amount of $2,500 over 52 fortnights (repayable over 52 fortnightly repayments). $2,500 (principal amount) + $400 (establishment fee) + $1,602.16 (reducing interest) = $4,502.16 total repayable over fortnightly instalments of $86.58.
The comparison rate of the MACC loan is 66.24%.
Warning: The comparison rate is true only for an example loan amount of $2,500 and an example term of 104 weeks. Different terms or other loan amounts might result in a different comparison rate.
- If you wish to make an early payment on your loan we will not charge any early payment or early termination fees
- Repaying your loan early will result in you paying a lower total amount
- If you need to change a payment date, let us know 2 business days before the payment is scheduled and we will change it for you
- You can also make a payment through our customer portal whenever you want
- You can call us and make a payment over the phone or make a deposit into our account at any time
- There are no fees or charges if you wish to make additional payments
Clear Transparent Simple Loan Fees
Simple to understand fees so that you know exactly what to expect
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