Know in advance exactly what your rate is.

Don’t hesitate to shop around and compare lenders. Check interest rates, fees, loan terms and payment options before signing any documents.

 
 

How rates and fees work:

 
 
interest-rate.png

Interest Rate

What you pay each year in interest, shown as a percentage of the total amount you borrowed.

filefee.png

File Fee

A one-time fee to process the loan is added to the amount borrowed in case you choose not to cover it right away. The fee will depend on the loan size.

 
APR.png

Annual Percentage Rate (APR)

This is the interest rate plus all fees, calculated on an annual basis and expressed as a percentage.

latepay.png

Late payment fee

If your payment is more than 30 days late, we may charge a late payment fee to compensate for the extra collection work.

 
 

Real life example:

 

Borrow $2,500

  • Repayable over 24 months

  • At an interest rate of 17.9% pa (fixed)

  • One-time file fee of $190

    You'll pay back $153.00 per month.
    A total amount payable of $3,672.00.
    Representative APR of 36.96%.

Borrow $800

  • Repayable over 10 months

  • At an interest rate of 17.9% pa (fixed)

  • One-time file fee of $70

    You'll pay back $100.00 per month.
    A total amount payable of $1,000.00.
    Representative APR of 36.32%.