humm
- Interest rate (p.a.)
- 0%
- Min. loan amount
- $1
- Max. loan amount
- $1,999
Summary
No interest and penalty-free extra repayments, with purchasing power up to $30,000. Fees apply for large purchases.
With humm's new interest-free payment solution, you can shop online or in-store with select retailers. No interest and penalty-free extra repayments, with purchasing power up to $50,000. Fees can apply, including a monthly fee and, depending on your purchase and whether you're new or returning to humm, an establishment or repeat purchase fee.
Pros
-
Flexible repayment options
-
Penalty-free extra repayments
Cons
-
Late payment fee of $6
Details
Product details
| Product Name | humm |
| Interest rate (p.a.) | 0% |
| Interest rate type | Fixed |
| Min. loan amount | $1 |
| Max. loan amount | $50,000 |
How does humm work?
humm lets you buy from participating retailers and pay off your purchase in fortnightly or monthly instalments over 36 to 120 months, with limits up to $50,000. Limits and terms vary by merchant.
You can apply for a pre-approved limit through the humm app or website before you shop, or apply in-store at a participating humm merchant, where staff will guide you through it. Approval is subject to a credit assessment.
Fees, and interest where it applies, depend on the merchant, the product and how much you borrow. You'll also pay a late fee if you miss a repayment. You can pay off your balance early with no penalty.
Features of humm
- Quick and easy application. Apply for a pre-approved limit online or through the humm app, or apply in-store at a participating retailer.
- Fast approval. Get a decision in minutes if you provide all your application information.
- Interest may apply. Some humm contracts are interest-free (Low Cost Credit Contracts), but others charge a fixed interest rate depending on the merchant and loan amount.
- Purchasing power. Finance purchases of up to $50,000. Minimum and maximum amounts vary by retailer.
- Credit checks required. Since June 2025, humm has been required to conduct credit checks under the National Consumer Credit Protection Act. This can involve a credit enquiry that appears on your file, and applying multiple times in a short period may affect your score.
- Expanding store variety. There are many sellers already partnered with humm, online and in-store, and it says the list is always growing.
- Flexible repayment options. Choose fortnightly or monthly repayments on a day that suits you, over 36 to 120 months depending on the retailer and purchase.
- Penalty-free extra repayments. Pay off all or part of your balance early, any time, with no penalty.
- Fees. An establishment fee and a monthly loan fee may apply depending on the merchant and loan amount, plus a $20 late fee if you miss a payment.
Fees and charges
- Establishment fee. An establishment fee is charged at the start of your loan. The amount varies by merchant.
- Monthly loan fee. A monthly fee is charged on your repayment date while your loan is open. The amount varies by merchant.
- Interest. Some humm loans charge interest at a rate fixed for the loan term. If your contract is a Low Cost Credit Contract, no interest is charged and fee caps apply.
- Late payment fee. A $20 late fee applies if you miss a payment.
- Early repayment. There's no penalty for paying off your loan early.
How to apply for humm
To apply for humm's interest-free payment service, click "Go to Site" and submit a straightforward application online or in the app. In order to be eligible for humm, you must meet the following criteria:
- Be a permanent resident of Australia
- Be 18 years of age or older
- Have a permanent job of 20+ hours per week or be on an aged/veteran's pension.
- Not be declared as bankrupt
Documents you will need in order to apply include the following:
- Proof of ID
- Proof of income
- Copies of your bank statements (for pre-approvals over $2,000 only)
Your reviews
Bria Finder
Writer
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Sarah Megginson Finder
February 16, 2026
Hi Kevin,
We’re a review and comparison website and we’re not affiliated with humm, so we can’t provide any context or customer support. Your best bet is to reach out to humm directly on this. Best of luck.
Troy
November 29, 2024
can I apply for this
Angus Kidman Finder
December 02, 2024
Hi Troy, You can’t apply through Humm directly – it provides its loans through retailers and you usually sign-up in store. You can compare other personal loans to find an option you can apply for directly.
Moonshine
March 26, 2024
Are there any catered for the unemployed who is responsible, has no debts but needs to have loan for short term staycation for opportunity maybe to work?
Sarah Megginson Finder
March 26, 2024
Hi there,
Here’s a few options for getting a loan on a low income, assuming you are unemployed but receive some benefits.
Depending on your situation, if you’re unemployed and meet the eligibility requirements, you may also be eligible for a no-interest loan worth up to $3,000 from Good Shepherd: https://goodshep.org.au/services/loans/
Hope this helps!
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Gregg
January 09, 2024
l purchased hearing aids via Humm , was given approval for $3500. l paid a deposit and have a copy of the transation that states that l owe $2850. Yet when l go into my Humm account it says that l have $500.00 and no transactions have been recorded and also l have not had any direct debits taken out yet. l got the hearing aids in july last year but as yet have not been happy with them so they are being fixed. Do l still have that amount to pay off the hearing aids or not? Thanks
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Sarah Megginson Finder
January 09, 2024
Hi Greg, we’re a review and comparison site, so we’re not able to provide personal advice. We suggest you contact their Customer Care team on 1800 088 151.
cindy
November 25, 2023
can you use a NSW photo card for proof of ID?
Sarah Megginson Finder
January 05, 2024
Hi Cindy, A NSW Photo Card may be used as photo identification if you don’t have a NSW Driver Licence. It has the same application process as the driver licence, and some of the same security features.
Kevin
February 15, 2026
How did my wife get a pre approved loan of over $ 2000 when she didn’t provide bank statements as
outlined above??? And proof of income??