Costs

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SACCS

SMALL PERSONAL LOANS

LOAN AMOUNT

$500

MINIMUM

$2000

MAXIMUM

TERMS

12 MONTHS


COSTS

4%MONTHLY FEE (UP TO)

20% ESTABLISHMENT FEE (UP FRONT)


EXAMPLE

Loan amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.



WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate

MACCS

MEDIUM PERSONAL LOANS

LOAN AMOUNT

$2100

MINIMUM

$4600

MAXIMUM

TERMS

13 MONTHS

MINIMUM

24 MONTHS

MAXIMUM

COSTS

48%ANNUAL PERCENTAGE RATE

67.41% P.A. COMPARISON RATE


EXAMPLE

Loan amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,379.06 (reducing interest) = $4,779.06 total repayable over 18 months with weekly installments of $61.27.



WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate

LACCS

LARGE PERSONAL LOANS

LOAN AMOUNT

$5000

MINIMUM

$15000

MAXIMUM

TERMS

13 MONTHS

MINIMUM

24 MONTHS

MAXIMUM

COSTS

21.24% ANNUAL PERCENTAGE RATE

48% P.A. COMPARISON RATE


EXAMPLE

Loan Amount of $10,000 over 24 months repayable weekly (104 weekly repayments). $10,000 (Principle Amount) + $5,577.12 (Interest) = $15,577.12 total repayable over 24 months with weekly installments of $149.78.



WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate