What you receive. What you repay.

Establishment fee: 20% of the amount paid to you, charged once on the Loan Date. Monthly fee: 4% of that amount for each month or part month, based on the original amount received rather than a reducing balance. These are our planned charges at the statutory caps; lenders are not required to charge the maximum.

The first monthly fee is charged on the Loan Date. Later fees fall on the same calendar day each month, or the last day of a shorter month. Fee dates do not move for weekends or holidays. The number is based on fee dates on or before the final scheduled repayment, capped at the number used in the estimate.

Illustration only: Loan Date Thursday 1 October 2026; receive $1,000. Establishment $200 and first monthly fee $40 are retained on that date. Your contract’s Amount of Credit is $1,240: the $1,000 paid to you plus those two fees. The amount received is not the amount borrowed under the contract.

A second monthly fee of $40 falls on Sunday 1 November 2026, and a third falls on Tuesday 1 December 2026. Fees total $320. The scheduled total is $1,320, with ten weekly repayments of $132 on 8, 15, 22 and 29 October; 5, 12, 19 and 26 November; and 3 and 10 December 2026. This illustration is not a real loan or an offer.

On the same dates, receiving $500 gives a $100 establishment fee plus three $20 monthly fees: $660 scheduled total. Ten weekly repayments of $66 repay that total.

Examples without actual loan and repayment dates use a conservative fee count: the number of weeks multiplied by 12/52, rounded up to a whole month. An actual offer counts the monthly fee dates through the final repayment, subject to that cap, so it can contain fewer fees. The term runs from the Loan Date to final repayment.

The planned range is $200–$2,000 paid to you over estimated terms of 4–16 weeks. Repayments are weekly; cent rounding makes the final instalment equal or slightly smaller. Your offer will show the actual fees, dates, total and available repayment method before you accept.

There is no early payout fee. Monthly fees whose dates have not arrived are not charged if you repay in full first. In the dated example, paying out in full before 1 November avoids both later $40 monthly fees. Paying out after 1 November but before 1 December avoids the final $40 monthly fee. The establishment fee and any monthly fee already charged remain; payments already received are subtracted. Request a payout figure rather than using the remaining scheduled total.

The offer and contract will disclose any permitted default charges and what happens if a repayment is missed. Enforcement expenses may also be relevant under the contract and applicable law. A regular repayment estimate is not an estimate of default costs.

Contact us about difficulty early. See our complaints process if you believe a charge is incorrect.

For eligible essential purchases, a No Interest Loan has no interest or fees and pays the supplier directly. A payment plan or eligible advance may suit a different need. Read our alternatives guide and warning about borrowing before deciding.