Small loans are for amounts of credit from $500 to $2,000 repayable within 16 weeks (4 months). They are available for personal reasons and ideal to help you meet unexpected expenses where you can pay the loan back.
Who are Small loans suitable for?
Anyone who needs small amounts of cash for short periods of time. This might be for business or personal use.
Am I eligible to apply for a Small loan?
You are eligible for a Small loan if you are over 18, have a 100 points of ID and receive regular income via full time employment. You also qualify if you are a business or an individual with an ABN.
How much can I borrow?
From $500 up to $2,000
How long can I borrow the money for?
From 17 days up to 16 weeks (4 months)
What is the repayment frequency for a Small loan?
Weekly or fortnightly.
How do I repay?
By Direct Debit on your bank account
Are additional repayments ok?
Yes can pay off your loan or make advance payments ahead of your repayment schedule with a cash payment.
What are the costs, fees and charges for a Small loan?
Click here to use our calculator