When you make all scheduled repayments on time, you'll only be charged the loan establishment fee and the monthly loan fee. Dishonour and default fees will apply if you miss any repayments.
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Establishment fee
One-off fee payable per loan |
20% of principal |
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Monthly Loan Fee
Charged per month or part thereof, where there is an outstanding debt balance. |
4% of principal per month |
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Dishonour Fee
Charged each time a direct debit or other payment is not made in full and on time. This fee includes our reasonable internal administrative costs and external third-party costs. |
$35.00 |
|
Default Fee
Daily recovery fee to cover reasonable costs of administrating your account while your account remains in default. |
$5.00 per day |
When you make all scheduled repayments on time, you'll only be charged the loan establishment fee and interest charges calculated based on the applicable interest rate. Other fees will apply if you miss or reschedule any repayments.
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Establishment fee
One-off fee payable per loan |
$400.00 |
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Interest Rate
This is the Annual Percentage Rate. Interest accrues daily - and is charged monthly in arrears - on the outstanding balance of your loan. |
47.6158% p.a. |
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Comparison Rate
This comparison rate is based on an unsecured loan for an amount of $2,500 over 2 years and a $400 establishment fee. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. This is a prescribed calculation and Cash Bridge does not offer loans for $2,500 over a term of 2 years. |
65.6597% p.a. |
Fees that may apply
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Dishonour Fee
Charged each time a direct debit or other payment is not made in full and on time. This fee includes our reasonable internal administrative costs and external third party costs. |
$35.00 |
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Reschedule Fee
Charged each time a repayment is rescheduled. This is a service fee which includes our reasonable internal administrative costs. |
$15.00 |