• Annual Interest Rate: 5.76%-23.05%. The rate is based on the loan type as well as risk factors such as the borrower’s credit score, stability of employment, stability and type of residence, financial behaviour, and demographic profile.
• Establishment Fee: One-off payment of $275 for loans amounting to $5,000 and below, and $575 for loans amounting to $5,001 to $70,000.
• Legal Fees: Varies according to the situation. charged to the borrower’s account if legal actions are conducted against the borrower.

• You must be at least 18 years old.
• You must be a citizen or a permanent resident of Australia.
• Be employed full-time or on a permanent part-time basis.
• Have identification documents, such as your Australian driver’s license and passport, on hand.
• Have a clean credit history free of defaults, judgments, or bankruptcies.

Once you provide the necessary information and are pre-approved, the company will give you the specific loan conditions that include your interest rate, borrowing limit, and repayment schedule. As part of the responsible lending requirements, bank statements will be required to help run a credit check. Assessing your credit rating score is essential for the lenders to determine if they will approve the funds for your loan.

Typically, funding occurs within 24 hours of a loan being requested. When your loan is funded, you will be notified through SMS and email, and you can also check the progress of the financing process on your website dashboard. You will get your money within 1-3 business days to your nominated bank account, depending on your banking provider.