EquiMax LoanUse it for things that can't wait:
- Stay on top of essentials
rent, utilities and bills
- Support the family
medical costs, urgent trips, childcare
- Get ahead at work
training, licence fees, tools
- Travel & Leisure
short getaways or special events
Product Highlights
Fixed rate
One rate for your whole loan
No monthly fees
We show all costs up front
Fast decisions
Many applications are approved within an hour
Quick payout
Instant Funding via PayID, or EFT the next business day
*Timeframes start once we've received all required documents and information and apply during business hours onbusiness days. Times may vary depending on verification checks.
*Timeframes start once we've received all required documents and information and apply during business hours on business days. Times may vary depending on verification checks.
Quick facts
Loan terms
Fixed Loan Term:12 months
Our EquiMax loans are set up over 12 months, but you're free to pay them off early with no payout penalties!Representative example:Based on a loan of $2,500 over 24 months, a borrower can expect to repay a total of $4,510.33. This reflects a comparison rate of 65.61% p.a. and includes $416 in upfront fees, which are deducted from the amount borrowed at the start of the loan.
WARNING:This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or loan amounts will result in a different comparison rate.
Fee breakdown
Establishment Fee$400Application Fee$0Credit Check & PPSR Fee$16Interest Rate47% p.a.(comparison rate 65.61%)Direct debit dishonour fee$35.00 fee may be charged if you miss a scheduled payment.Please note: Additional fees apply each time a payment is missed or returned unpaid, which can increase your total cost and may extend your loan term.