What it can cover
- Replacing a broken fridge or freezer.
- A washing machine or dryer.
- A bed, mattress or cot.
- Furniture for a new home.
- Other household goods, like a heater or vacuum cleaner.
Check these before you borrow
Know your consumer rights
If something breaks too soon, the Australian Consumer Law may give you a repair, replacement or refund.
Consider second-hand
Second-hand or refurbished goods can cost much less.
Compare buy now pay later
Check the fees, especially late fees, before you choose any way to pay.
No Interest Loans
If you’re eligible, a No Interest Loan may cover essential household items with no interest or fees.
How the loan works
It’s the same loan whatever you use it for. Your offer and contract show your exact figures before you accept.
| Feature | What it means |
|---|---|
| What you can borrow | $2,050 to $4,600 in cash, in $50 steps |
| Establishment fee | $400, added to the loan, so the total stays within $5,000 |
| Length | 3 or 6 months |
| Repayments | The same amount each time, weekly, fortnightly or monthly, timed to your pay. The first is at least 7 days after the loan is paid. |
| Interest | A fixed rate, charged only on what you still owe |
| Paying early | Allowed at any time, with no early repayment fee |
| Security | None. The loan is unsecured |
| How you get the money | Paid into your own Australian bank account, if you’re approved and accept |
When this loan isn’t the right fit
- Things you’d normally buy from your regular budget.
- Everyday bills or living costs that keep coming back.
- Paying off other loans or debts.
- Anything for a business, investing or gambling.
- If the repayments would leave you short for essentials. Free, confidential help is available from the National Debt Helpline on 1800 007 007.
Questions
Can I buy from any store?
Yes. The money goes into your own bank account, and you choose where to buy.
Is it better than buy now pay later?
It depends on the costs. Compare the total you’d repay, including any fees. Our offer shows every cost before you sign.
How quickly is the money paid?
If you’re approved and accept your contract, the money is sent to your own bank account. Timing depends on your bank and our checks, so we can’t promise when it will arrive.
Can I pay it off early?
Yes. You can repay early at any time, with no early repayment fee. You only pay interest for the time you have the money.