• Line of Credit
  • Personal Loans
  • FAQs
  • Money Matters Blog
  • Start Application
  • Login
Credit24 online fast loans
  • Line of Credit
  • Personal Loans
  • FAQs
  • Money Matters Blog
1800 091 967
Login

Credit24 Blog

Packed with information to help you with your finances.

Categories
  • Show All 146
  • Budgeting 83
  • Christmas 5
  • Credit Health 2
  • Cybersecurity 1
  • Family 24
  • Financial Education Series 3
  • Holiday 18
  • Housing 7
  • Medical 2
  • Short Term Loans 46
BNPLFeatured

Buy now, pay later or a Personal Loan

6 October 2021

If you’ve ever shopped online or instore you’ve probably spotted the option to ‘buy now pay later’ (BNPL).  The BNPL industry has grown massively in recent years and we’ve all heard of...

Read more

Can a ride share driver get a loan?

9 May 2018 Read more
school holidays on a budget

Family Friendly, Budget Friendly – School Holidays

4 April 2018 Read more

Master Your Money This Year

8 January 2018 Read more

It’s beginning to feel a lot like Summer

15 December 2017 Read more
savings_cleaning_house

Cleaning Your House, Not Your Wallet

26 June 2017 Read more
loan_approved

Small personal loans – wiser choice than a credit card

21 June 2017 Read more
car_loan

Buying a car the Money Smart way – tips and tricks

19 June 2017 Read more
personal_loans_advantages

How To Use Small Personal Loans To Your Advantage

14 June 2017 Read more
loan_for_medical_bills

Doctor Bills Piling Up? A Credit24 Medical Expense Loan is the Answer!

12 June 2017 Read more
First...23456...10...Last

About us

  • About Us
  • COVID-19
  • Code of Ethics
  • Careers
  • Sitemap

Contacts

  • Contact Us
  • Financial Hardship
  • Feedback & Complaints

Legal & Ethical

  • Website Terms of Use
  • Privacy and Credit Reporting Policy
  • Credit Guide
  • Do You Really Need a Loan Today?

Loan Types

  • Buy Now, Pay Later Debt Consolidation Loans
  • Holiday & Travel Loans
  • Home Improvement & Renovation Loans
  • Medical Finance & Dental Loans
  • Debt Consolidation Loans
  • Motorbike Loans & Finance
  • Part Time Employed Loans
  • Rental Bond & Deposit Loans
  • Short Term Loans
  • Student Loans
  • Wedding Loans
  • Household goods
  • Loans for Car Repairs, Rego & CTP
  • Unsecured Loans

Blog

  • Money Matters Blog
Warning about borrowing
  • Home
  • FAQs
  • Contact Us
  • COVID-19
  • Holiday & Travel Loans
  • Part Time Employed Loans
  • Buy Now, Pay Later Debt Consolidation Loans
  • Wedding Loans
  • Student Loans
  • Short Term Loans
  • Rental Bond Loans
  • Debt Consolidation Loans
  • Renovation Loans
  • Household goods
  • Medical Finance & Dental Loans
  • Loans for Car Repairs, Rego & CTP
  • Motorbike Loans & Finance
  • Unsecured Loans
  • Code of Ethics
  • Blog
  • Financial Hardship
  • Credit Guide
  • Privacy Policy
  • Website Terms of Use
Warning about borrowing

Connect with us:

© 2021 Credit24, Australian Credit Licence number: 422839

Connect with us:

Website disclaimer:
The information on this website is of general nature and does not take into consideration your objectives, financial situation or needs.

For small loans of less than $2,000, the Annual Percentage Rate (APR) is not applicable. Minimum term is 120 days and the maximum term is 12 months. The cost of the loan is a 20% establishment fee on the amount borrowed and a monthly fee of 4% charged on the amount borrowed. For example, a $1,000 loan borrowed over 6 months is a total of $1,440 ($1,000 principle, $200 establishment fee and $240 in monthly interest). Monthly repayment is $240.

For medium loans between $2,100 and $5,000, the APR is between 24% (minimum) – 47.8% (maximum) per annum. Comparison rate of 32.29% to 57.05%. Minimum term is 365 days and maximum term is 24 months. The cost of the loan is a $400 establishment fee and monthly interest charged on the amount borrowed. For example, a loan of $5,000 over 24 months with an APR of 47.8%, (comparison rate of 57.05%), will have a establishment fee of $400, weekly repayments of $80.77. Total repayments of $8,400 and total interest payment $3,000.

For large loans between $5,100 to $10,000, the APR is between 24% (minimum) – 47.8% (maximum). Comparison rate of 24% to 47.8%. The minimum term is 365 days and the maximum term is 36 months. There is no establishment fee and the cost of the loan is the monthly interest charged on the amount borrowed. For example, for a $6,000 loan borrowed over 24 months with an interest rate of 24% is a total of $7,543.87 ($6,000 principle and $1,543 in monthly interest). Monthly repayment is $318.09.

For our Line of Credit, there is no establishment fee and cost of the loan is the monthly fee of 2% – 4% charged on the amount borrowed. The minimum APR is 24% and the maximum APR is 47.8%. The maximum term is 36months. For example, $1,000 borrowed over 36 months is a total of $2,440 ($1,000 principle and $1,440 in monthly interest).

* Same day money transferred for applications approved or Line of Credit draw requests during business hours and depending on your bank.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

How much interest charged is based on the loan amount and the loan term. How much someone can borrow will be based the information they provide to us during the loan assessment.

© 2021 Credit24, Australian Credit Licence number: 422839