How much could a loans cost?
Examples of what loans might cost.
$2,500 repaid over 13 months would have 56 weekly repayments of $75.05. Total interest $1702.80. Total amount repayable $4,202.80. This example is based on a monthly interest rate of 9% and an AIR of 108%. WARNING: This is a repayment estimate only. Your lender will determine the exact fees, terms and loan amounts available for you, which may alter your repayments. Annualised Interest Rates (AIR) could be as high as 292% depending on your personal situation.
Note, your lender may offer you different terms, fees or loan amounts based on your individual circumstances, needs and their own lending criteria. Please check your contract before signing.
Everything is out in the open
In the example/s provided, we are transparent about fees and costs that may be associated with cash advance loans from lenders. However, as we are a lender-finder only, we cannot guarantee what your actual fee’s and repayments will be. The examples shown are for illustrative purposes only, so that you can get a good idea of what a loan may cost you. Remember to read your contract thoroughly and make sure you understand your loan terms before you signing it.