Line of Credit

Line of Credit repayment calculator

$3,000

$500$10,000

Repayments

Credit History

DISCLAIMER: This calculator provides indicative interest rate and repayment estimates across Credit24’s lending products for general guidance only. It does not constitute an offer of credit. Actual loan terms, rates, and fees may vary based on your circumstances, our credit assessment, and responsible lending obligations. The APR is illustrative and all figures are subject to change.

Get sorted with a flexible Line of Credit—ideal for everyday expenses, unexpected costs, or planned upgrades.

Line of Credit

Get sorted with a flexible Line of Credit—ideal for everyday expenses, unexpected costs, or planned upgrades.

Line of Credit repayment calculator

$3,000

$500$10,000

Repayments

Credit History

Start application

Why choose Credit24's Line of Credit?

A flexible, ongoing credit option for when life throws the unexpected your way. If approved, your available balance is ready to use — whenever you need it.

Credit limit from $500 to $10,000

Choose an amount that suits your needs, whether it’s a little boost or something more.

No fees on your account

$0 to apply. $0 monthly fees. $0 withdrawal fees. No surprises or sneaky charges.

Only pay for what you use

Interest is charged on your outstanding balance.

Pay off early and pay less

There are no penalties for early or extra repayments. Clear your balance faster and save on interest.

How to apply for a Line of Credit?

Submit your application

Complete a short form to tell us about yourself — it only takes a few minutes and can be done anytime.

Choose your credit limit

If eligible, select a credit limit that suits your needs — from $500 and up to $10,000.

Access your funds fast

Once approved and set up, you can withdraw straight away. Most OSKO enabled banks receive funds in minutes.

*Money paid out within minutes of loans being approved or a withdraw made on a Line of Credit to OSKO participating banks.

What is a Line of Credit?

A flexible virtual credit account that gives you 24/7 access to money. Withdraw on your available balance whenever you need and repay in instalments, up to 36 months.

Credit limit

Apply for $500 to $10,000. If eligible, your approved limit will depend on your financial situation.

Easy access

Withdraw up to your approved available limit anytime. Funds are transferred to your bank account within minutes to OSKO enabled banks.

Fair interest

You’re in control — only pay interest on the amount you use. Choose flexible repayments up to 36 months, with zero early exit fees.

Repay your way

Pay extra when it suits you. Need those funds later? Simply redraw what you've already repaid.

How does a Line of Credit work?

You won’t pay a cent in interest or fees until you start using your Line of Credit. Repay over up to 36 months, with the option to pay extra anytime and save on interest.

Loan Amounts:

Establishment Fee:

Monthly Service Fee:

Interest:

Withdrawal Fee:

Maxumum Repayment Period:

Line of Credit

Loan Amounts:
$500 - $10,000
Establishment Fee:
$0
Monthly Service Fee:
$0
Interest:
24-48% p.a
Withdrawal Fee:
$0
Maxumum Repayment Period:
36 Months

A Line of Credit for everyday needs

Whether it’s an unexpected bill or a life upgrade you’ve been planning, Credit24’s Line of Credit gives you flexible access to funds. So, you’re ready for whatever comes next.