Small amount loan
A Small Amount Credit Contract for $200 to $2,000, with no interest and a fixed set of fees you see before you apply. Built for a shortfall you can clear inside three months.
Apply now- Borrow $200 – $2,000
- 63 to 90 days, repaid in instalments
- 0% interest, 20% establishment, 4% monthly
Covering an unexpected bill, a car repair, or bridging the gap until your next payday.
How repayments work
Repayments are split into instalments and timed to land the day after you are paid, by direct debit. Weekly, fortnightly or monthly, whichever matches your pay cycle. The schedule is fixed when your contract is signed, so the amount and the dates do not move unless you ask us to change them.
What it costs
This product carries no interest. Instead it has an establishment fee charged once and a monthly fee for each month of the term, both shown above and both set out in full in your credit contract before you sign. Because there is no interest component, a small amount loan is not required to quote a comparison rate.
How we assess it
We look at the last 90 days of your bank statements, retrieved securely and read-only, to check the repayments fit alongside your regular commitments. A less-than-perfect credit file is not an automatic no; affordability matters more than a score. We cannot guarantee approval.
When the medium amount loan suits you better
If you need more than this product lends, or you want to spread repayments over a longer period, the medium amount loan is the one to look at. It works differently, a flat establishment fee plus interest, so read that page before deciding.
If your circumstances change
Tell us early. If you are having trouble meeting a repayment we can look at a hardship arrangement, and there is no charge for asking. Free, independent financial counselling is also available on 1800 007 007 from anywhere in Australia.
What to have ready
- Australian residency and photo identification
- A regular income paid into your own bank account
- Online banking details, so statements can be retrieved read-only
- Your mobile number and email address
The full fee schedule and a worked example are set out on our loan types page, and the exact cost of your loan is disclosed before you sign.
See amounts, terms and fees