![]() The maximum APR on our Medium Personal Loan is 144.02%. An APR (Annual Percentage Rate) does not apply to Small Personal Loans. Loans are subject to assessment criteria and suitability. Loans can be settled early with no penalty and fees will only be charged whilst there is an outstanding balance on the loan, hence early settlement will reduce the amount payable on the loan. ![]() Our loans are repayable in weekly, fortnightly or monthly instalments. For example, a medium loan of $3,000 borrowed over 1 year would equate to a total amount payable on average of $4,258 (including a $400 establishment fee). Our Medium Personal Loansincur a $400 establishment fee and interest at 48% per annum. The minimum loan term is 2 months and a maximum of 12 months. Create and sell online courses and coaching services with the best online business platform used by the entrepreneurs to sell 500m+ to over 18 million students worldwide. For example, a small loan of $1,000 over 9 months has fees and charges totalling $560 (1 x $200 + 9 x $40), resulting in a total repayment of $1,560. Our Small Personal Loans incur a 20% Establishment Fee and a 4% monthly fee, based on the amount borrowed.
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