Flash Money Fees Statement
Flash Money fees and charges are made crystal clear so you’re always Ready in a Flash!
Mini Flash Loan Fees
(If the principal amount you borrow is between $500 and $2,000)
You will only be charged the loan establishment fee and the monthly loan fee when making payments on time. If you miss any repayments, a Dishonour and Default Fee will apply
Mini Flash Loan Fees
Loan Fees And Charges | |
---|---|
Establishment Fee Payable once off per loan |
20% of principal |
Monthly Loan Fee Where there is an outstanding debt balance, charged per month or part thereof |
4% of principal per month |
Fees that may apply | |
Dishonour Fee Charged each time a direct debit or other payment is not made in full or on time. This fee includes any reasonable internal and administrative costs and external third-party costs. |
$20.00 |
Default Fee Daily recovery fee to cover reasonable costs of administrating your account while your account remains in default |
$5.00 |
Reschedule Fee Charged each time on a repayment is rescheduled. This is a service fee which our reasonable internal administrative costs |
$20.00 |
Super Flash Loan Fees
(If the principal amount you borrow in between $2,001 and $5,000)
You will only be charged the loan establishment fee and the interest charges calculated based on the applicable interest rate when making payments on time. If you miss any repayments, a Dishonour and Reschedule Fee will apply.
Super Flash Loan Fees
Loan Fees And Charges | |
---|---|
Establishment Fee Payable once off per loan |
$400.00 |
Interest Rate This is the annual percentage rate. Interest accrues daily, and is charged monthly in arrears- on the outstanding balance of your loan |
47.6158% p.a. |
Comparison rate* | 65.6597% p.a. |
Fees that may apply | |
Dishonour Fee Charged each time a direct debit or other payment is not made in full or on time. This fee includes any reasonable internal and administrative costs and external third party cost |
$20.00 |
Reschedule Fee Charged each time on a repayment is rescheduled. This is a service fee which our reasonable internal administrative costs |
$20.00 |