Disclosure
Customers choose a payday loan or cash advance for unexpected expenses such as car repairs, paying rent on time, to preserve their credit rating, or avoiding late payment penalties.
A payday loan is a short-term unsecured advance intended to be paid off quickly and is often used in situations where cash is needed quickly. With a payday loan you are charged a flat fee regardless of when your loan is paid. As the name implies, a payday loan (or cash advance) is a small, short-term loan that is due on your next payday. To apply for a payday loan, you can use our online form.
Payday loans and cash advances provide a means of acquiring cash of up to $1000 (but between $100-300 for first time applicants) in a very short amount of time. Compared to a bank, which can take 1 – 2 weeks to process a loan application, a payday loan is often your fastest way to get the cash you need when you need it most.
Most banks are unlikely to loan under $1000, making a short-term cash advance one of the most viable options for unexpected expenses, or when you just want money for the weekend but can’t wait until payday.
A payday loan isn’t always for everyone, but when you consider that if your utility bill was going to be paid late and you were facing a $47 late/reconnect fee, rent was due, or you were concerned about protecting your credit rating, it might start to make sense. Used responsibly, a short term loan it can help in numerous ways.
The
table below provides the fees associated with the cost
of borrowing with PaydayMate.com.au:
Fee Schedule For 14 Day Loan |
Advance Amount |
Finance Charge* |
Total Loan Amount |
$100.00 |
$29.98 |
$129.98 |
$200.00 |
$59.96 |
$259.96 |
$300.00 |
$89.94 |
$389.94 |
$400.00 |
$119.92 |
$519.92 |
$500.00 |
$149.90 |
$649.90 |
$600.00 |
$179.88 |
$779.88 |
$700.00 |
$209.86 |
$909.86 |
$800.00 |
$239.84 |
$1039.84 |
$900.00 |
$269.82 |
$1169.82 |
$1000.00 |
$299.80 |
$1299.80 |
*Finance charges are calculated on the basis of $35.98 per $100.
The minimum loan is $100. The maximum loan term is 14 days. |
This service may or may not be available in your particular state.
The states this site services may change from time to time without notice. |
