Loan Rates & Terms

Responsible lending from Cash Stop

At Cash Stop, we are committed to responsible lending practices.

 

Small Amount Advances (Cash Loans)

We act as a credit provider for our small amount cash advance product covering loans from 16 days to 1 year and for amounts up to $2,000 in branches or from $300 to $2,000 online.

 

Medium Amount Advances

Cash Stop acts as Credit Assistance Provider for Medium Amount Advances for amounts from $2,001 up to $5,000 and from a term from 16 days to a maximum of 2 years.

We will only put you together with a responsible Credit Provider who will offer you what you can afford to repay, and in keeping with your expressed requirements and objective.

We are committed to ensuring compliance with the National Credit Code, meeting AUSTRAC requirements and maintaining membership of the ASIC approved EDR scheme The Credit and Investment Ombudsman (CIO).

 

Lenders Fees and Interest

Small Amount Advances (Cash Loans)

The cost of your Small Amount Advance is dependent upon the amount borrowed and the term of the loan. You can borrow up to $2,000 in branches and from $300 to $2,000 online.

All loans falling in to the category of a Small Amount Advance (Small Amount Credit Contract – SACC) being for a term of not less than 16 days to a maximum of 1 year can attract the following fees:

Loan establishment fee20% of the net amount of the loan
Permitted monthly fee4% per month due and payable on the loan settlement day (1st day of the loan) and a further 4% monthly fee on the anniversary date of each subsequent month the loan remains current.

 

Note: Interest is not permitted to be charged on a small amount credit contract loan.

Cash Stop in their role as a Credit Provider offer the same product, contract terms, conditions and fees and charges for loans issued online or via their Agent locations or branches.

 

Medium Amount Advances

Cash Stop acts as Credit Assistance Provider for Medium Amount Advances for loans ranging from $2,001 up to $5,000 in branches and for terms from 16 days to a maximum of 2 years.

The total cost of credit including Credit Assistance Provider (Broker) fee, government charges and the Credit Providers fee and or interest will be provided and disclosed during the loan application process once Cash Stop has completed a preliminary assessment of your financial requirements and objective. Any Offer from the Credit Provider will contain full disclosure of their fees applicable to the loan once they have completed their Final Assessment of your application, requirements and objective.

All loans falling into the category of a Medium Amount Advance (Medium Amount Credit Contract – MACC) are subject to maximum amount of fees, charges and/or interest as follows:

Loan Settlement Fee (Establishment Fee)   $400

Maximum fees, charges and or Interest however expressed equal to a maximum all inclusive equivalent cost rate of 48% APR (excluding the $400 fee).

Note: The Medium Amount Advance is not generally available online.

 

Loan Amounts and Terms

Small Amount Advance (SACC Loan)

Up to $2000
16 Days to 1 Year

Medium Amount Advance(MACC Loan)

$2001 up to $5000
16 Days to 2 Years