We tell you all the fees for your Smart Loan upfront in plain English in your contract, so you can review everything before accepting. If a fee is not listed in your contract, you won't have to pay it.
The standard fees you’ll pay when you have a Smart Loan.
|Smart Loan Fees for Credit Limits of $500 to $3000|
|Credit Limit Increase fee||$0|
|Manual Payment fee||$0|
ClearCash is about being flexible. We won’t charge a fee if you get in touch with us first in accordance with the terms of your Direct Debit Request.
|Direct Debit Reversal Fee||$10|
|Over Limit Fee||$0|
Your repayment is based on your approved credit limit. Once you’re approved you can review your offer and your weekly, fortnightly or monthly repayment.
You’ll be reminded about your repayment 3 days before it is due too. We will notify you via text and by emailing your statement to you 3 days before it is due to be debited from your nominated account.
If the outstanding balance of your account is less than the minimum repayment amount, your minimum repayment will be the outstanding balance. Simple.
Use the calculator above to see the regular repayment for the Credit Limit you want.
The Annual Percentage Rate (APR) for new loans effective 08/12/2016 is 47.8%.