Every dollar, laid out
The full cost in plain numbers, a comparison rate beside every interest rate, and every fee that applies. No fine print to squint at.
Warning: do you really need a loan today? It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow. For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor. The Australian Government's MoneySmart website (moneysmart.gov.au) shows how small amount loans work and other options that may help you.
WARNING: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.
WARNING: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.
Comparison rate examples are true only for the amount and term shown and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate. On Float Bridge, a late payment or dishonoured payment fee is never charged on top of the 40% total fee cap: if the cap has already been reached, the fee is reduced, including to $0.
For loans of $2,000 or less, Australian law says we cannot charge interest at all. The cost is capped fees instead. For loans above that amount, we charge interest shown as a range depending on your circumstances, always with a comparison rate right beside it. Either way, the dollar total in your worked example is the number that actually matters.