Need an Affordable Payday Loan?

Be Smart and get a Cash Loan today

Be Cash Smart. BorroWise

With our affordable Payday Loans you stay in control and know where you stand. Use our handy slider to give you an overview of the total loan costs, then once you know where you stand. You can go to our Calculator to confirm the amount you can borrow in greater detail.

                 
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Fast and transparent payday loans

At Payday Loan we believe in responsible lending, and our BorroWise framework encourages you to only borrow what you can afford to pay back. We’re here to help you through an unavoidable financial situation by lending you a small, affordable cash loan until your next payday – not get you into financial hot water with credit cards or long-term loan schemes. Click here to read more about BorroWise.

 

The BorroWise model is to lend only what someone can afford to repay, and to make the process as quick and easy as possible. So while you sleep easy, our BorroWise owls will be hard at work helping you get back on your feet overnight.

 

Easy application process

 

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Important information we need you to know

AIR (ANNUAL INTEREST RATE) Our AIRs range from 502% to 602% per annum or approximately 1.38% to 1.65% per day. IMPLICATIONS OF NON PAYMENT: To avoid additional costs please repay your loan according to agreed terms, however where a non-payment (or other default) occurs the following applies; Fees - A fee of $50 applies to each missed or failed payment. A fee of $10 applies for each reminder letter. A fee if $10 applies for each week you remain in default. Default Interest: Default interest applies to any overdue amount at 109.5% per annum. Collection Practices: We undertake to manage collection of our loans in accordance with legal requirements and industry standards and will promptly contact you should you miss a payment date. Credit Score Implications: A repaid loan in accordance with agreed terms should positively influence your credit score. However when a missed payment, failed payment or unpaid loan occurs this is likely to negatively impact your credit score. Renewal Policy: Renewals are available on loans (other than your first loan) where your past payment history is satisfactory to us and are subject to our discretion. Renewals are not automatic. A fee of $15 applies. Click here for further information on our loans