Apply for a Payday Loan
This Declaration Page is Required Under the Payday Loans Act 2008
MAXIMUM ALLOWABLE COST PER $100 BORROWED IS $15
Our cost per $100 Borrowed is $15
For Example: If You Borrow a $500 loan for 14 days.
Amount advanced $500.00 Plus The Cost of Borrowing $75.00
=Total to Repay $575.00 (390%)
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Your cost of borrowing may vary according to the amount advanced. The Payday
Loan Act states you can borrow a maximum of $1500 or up to 50 percent of your net pay.
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Click to view our Woodroffe licence
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“Educational materials about the payday lending industry, financial planning, the Payday Loans Act and the regulations that the Registrar approves are available upon your request and we will immediately provide such information to you upon your request”
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