What is a payday loan?
A payday loan provides you the opportunity to obtain cash in emergency situations. It is not meant to be a long term solution.
What if I have a very poor credit history, can i still borrow money?
Yes, you can. We don't check your credit history.
How much may I borrow?
You can borrow up to $300 for your first loan. Once your first loan has been repaid in full, you will have the option to borrow up to $1000 for each subsequent loan.
What do I require to get a payday loan?
You must:
Be at least 18 years of age
Be a resident and employed in Australia
Have a checking or savings account
Have a net income of $664, every two weeks or $1334 per month
What if I am self employed?
Unfortunately, we cannot lend to those who are self employed.
Do I need to have my salary paid directly into my bank account?
Yes, in order to qualify your salary must be paid directly into your bank account by your employer.
How do I repay the loan?
On the date that your loan is due to be repaid, we will automatically debit the entire loan amount plus the fees from your bank account. You will then be able to request another loan the very same day.
What fees are involved?
There is a fee of $29.00 for every $100 borrowed which must be paid in full upon the repayment of the loan. This fee includes all costs of the transaction.
There is no extra cost or hidden fee involved.
