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$2,000
Maximum loan amount
Same Day
Turnaround time
$396
Fortnightly repayment
for $1,500 loan
1 - 12 months
Term of loan
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Product Name | GetPaidToday Payday Loan |
---|---|
Minimum loan amount | $100 |
Maximum loan amount | $2,000 |
Arrears Fee | $35 |
Loan term | 1 - 12 months |
Turnaround time | Same Day |
Costs | 20% of borrowed amount + 4% of borrowed amount each month |
Requirements | You must be employed full or part time and 18 years old |
Available to Centrelink Borrowers? | No |
If you're struggling financially and would like to speak to someone for free financial advice, information and assistance you can call the Financial Counsellors hotline on 1800 007 007 (open from 9:30am to 4pm, Monday to Friday). If you are suffering financial problems related to the coronavirus pandemic you may be eligible for additional support. Find out more here: https://www.finder.com.au/coronavirus-financial-help
Do you really need a loan today?*
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.
* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.
When you work with GetPaidToday you can find loans that cater to different needs as can be see below.
Whilst we don't compare GetPaidToday Payday Loan directly, here are some other loans that are similar.
As a borrower you have to understand that GetPaidToday is not a lender and as a result, it does not make loan or credit decisions. The service tries to match loan applications with lenders to help borrowers find the best deal for their situation.
The application form is simple and requires very little information and within a few minutes of completing the form GetPaidToday will try to find the most suitable lender. If you are happy with what’s offered you can sign the loan agreement electronically and receive access to your cash.
If you complete your application before 15:00hrs, Monday to Friday, you can get access to your money on the same day and if you complete your application on a weekend or a public holiday you can expect access to your money on the next working day.
Borrowers should bear in mind that simply completing the application form does not translate into a loan approval. In addition, the loan amount varies depending on the lender who accepts your application and not all customers qualify for $2,000. Lastly, the cash transfer time period can also vary.
Fees and interest charges you will have to pay:
Generally your loan fee will be 20% of borrowed amount + 4% of borrowed amount each month. Typically, a $100 loan taken for one month attracts an additional $24. As a result, if you borrow $200, you repay $248 and if you borrow $1,000, you repay $1,240. Penalties do apply to late and on-payments.
Fees you don't have to pay:
Just about anybody who meets a few criteria can apply for a loan through GetPaidToday though certain eligibility criteria can vary from lender to lender. You can apply for a loan through GetPaidToday if;
The application process does not entail GetPaidToday carrying out credit checks, although some lenders use credit checking agencies or facilities to delve into borrowers’ credit repayment history.
To apply for a loan through GetPaidToday you have to complete a simple and straightforward application form that requires no more than a few minutes. To complete the form you have to select an amount, a repayment time period and a reason.
You have to submit your;