Want a flexible line of credit you can easily access when you need to?
Our competitive rates start from 14.90%* and are tailored to your credit profile and history
- Reusable Limit. $200 up to $7,000. No need to re-apply.
- Easy Redraw. Fast access for any expense or emergency.
- Flexible Repayments. Only pay interest on what you use.
*This interest rate is for good credit customers and is based on an Annual Percentage Rate (APR). Our APR is calculated daily by applying the daily APR and charged in arrears on the outstanding balance of your line of credit to the date your payment is due.
How does it work?
Our line of credit offers ongoing flexibility with a continuous credit limit.
And as life gets busier, it’s never been more important to have access to quick and hassle-free funds.
Our line of credit can provide you the flexibility to draw your entire limit, or gives you fast access to smaller amounts when you need (up to your approved credit limit.)
And because interest is only charged on what you use, your repayments are flexible too. Either pay the minimum required, or as much as you want to, it’s entirely up to you.
Below are the most frequently asked questions about our line of credit
You can apply for a line of credit if you’re 18 years of age or older, and are a permanent Australian resident with regular paid employment.
Our credit limits range from $200 up to $7,000 and the great benefit is you can keep repaying and re-using the limit, with no need to re-apply.
You can use our line of credit for all types of payments, such as;
- Unexpected bills and expenses
- Small and larger purchases
- Ad-hoc or emergency costs
- Deposits or bonds
- Travel or spending money
And because our line of credit is a continuous credit facility, it can also provide you with peace of mind, knowing you can have funds readily available if suddenly needed.
Our line of credit interest rate starts at a very competitive 14.9% p.a (for good credit customers) through to 34.9% p.a (available to customers ready to rebuild their credit score and get their finances back on track).
By tailoring our rates, we ensure good credit customers are rewarded, whilst helping provide customers with lower credit scores access to credit at fair prices.
You may also be interested to know
Yes, absolutely!
Our great loyalty rewards program (Mates Rates) now offers a discount of 5% on your establishment fee after your second loan with us.
There is a once-off establishment fee when the line of credit is first set up, and then a nominal monthly fee will apply. (This monthly fee will only apply when the limit is being used.)
The establishment fee ranges from 3% to 8% of the limit approved, and the monthly fee ranges from $5 per month up to $15 per month, depending on your credit score.
Yes – it is 100% online and fast!
Unlike other lenders who may ask you to gather payslips, bank statements and other documents, our process is 100% online and we use illion Open Data Solutions to securely obtain your recent bank statements in seconds.
Our tech smarts use this securely provided information along with other personal information provided on your application form to ensure you experience the fastest loan processing time possible.
Are you eligible to apply?
- I am 18 years or older
- I have not entered into bankruptcy or part 9 agreement within the last 12 months
- I am willing to provide my Bank Statements online