INTEREST RATES AND FEES

At SwiftCash we’re committed to delivering you loans in faster and smarter ways. To fulfil this promise we only lend to you what you can afford to repay and make it clear what fees and costs you may incur along the way.

Loan Fees

One-off Establishment Fee

SwiftCash charges an upfront establishment fee on loans for $5,000 or less which is added to your loan amount so you do not need to pay any cash upfront.

Establishment fee:

  • $400 for loans between $2,050 and $5,000; or
  • $0 for loans between $5,050 and $8,000.

Account Keeping and

SwiftCash does not charge any account keeping fees.

Early Repayment Fees

SwiftCash does not charge any or early repayment fees. You can make additional payments or repay the outstanding balance of your loan at any time without penalty. This helps you pay down the loan faster and incur less interest.

Default Fees

At SwiftCash we want to work with you and get on top of any financial issues you might be facing, fast. If you have stumbled upon a financially tough time and are struggling to meet repayments please reach out to a friendly SwiftCash team member as soon as possible to discuss your options and avoid any late repayment fees.

Email: support@swiftcash.com.au
Phone: 1300 179 438

Direct Debit Dishonour Fee

In the event that a direct debit payment is dishonoured a fee of $15 will be charged for the additional administration required to re-process the payment. The fee will be charged to your account and fall due on the next payment date.

Reschedule Fee

A reschedule fee of $15 will be charged each time a repayment is deferred.

Legal Fees

In the unfortunate event that any legal action is required against one of our borrowers they will be liable for any legal and associated third party costs incurred.

Interest Rate

SwiftCash charges a simple fixed rate of interest of 47% over the duration of your loan. This gives you certainty around the amount of your regular repayments.

Main Information

SwiftCash Loans - Fast Cash Loans

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Disclaimers

1 For loans from $2,050 to $5,000:

  1. Subject to approval. Interest rate of 47% p.a. (Comparison Rate 64.99% p.a.). In order to be approved you must meet SwiftCash’s credit criteria and responsible lending requirements. Fees, charges, terms, and conditions apply.
  2. Comparison rates are based on an unsecured personal loan of $2,500 over 24 months. WARNING: This comparison rate applies only to the example given or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.

2 For loans from $5,050 to $8,000:

  1. Subject to approval. Interest rate of 47% p.a. (Comparison Rate 47% p.a.). In order to be approved you must meet SwiftCash’s credit criteria and responsible lending requirements. Fees, charges, terms, and conditions apply.
  2. Comparison rates are based on an unsecured personal loan of $8,000 over 36 months. WARNING: This comparison rate applies only to the example given or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.

This loan calculator provides an estimate only and does not constitute a quote. Repayments, terms, rates, and fees are subject to change depending on your individual credit assessment.

© 2023 Capital Credit Solutions Pty Ltd trading as SwiftCash (ABN 99 633 339 205, ACL 517185)