Our loans are repayable in weekly, fortnightly or monthly instalments. For example, a medium loan of $3,000 borrowed over 1 year would equate to a total amount payable on average of $4,258 (including a $400 establishment fee).
Our Medium Personal Loansincur a $400 establishment fee and interest at 48% per annum. The minimum loan term is 2 months and a maximum of 12 months. For example, a small loan of $1,000 over 9 months has fees and charges totalling $560 (1 x $200 + 9 x $40), resulting in a total repayment of $1,560. Our Small Personal Loans incur a 20% Establishment Fee and a 4% monthly fee, based on the amount borrowed. The maximum term is generally 6 weeks, however is flexible at the discretion of the store. Cash Advance Loans are only available in-store with a minimum loan term of 4 weeks. For example, a small loan of $100 over 4 weeks has fees and charges totalling $24 (1 x $20 + 1 x $4), resulting in a total repayment of $124. Our Cash Advance Loans incur a 20% Establishment Fee and a 4% monthly fee, based on the amount borrowed.
