How much does it cost?

At Short Term Money Loans we must warn you about borrowing money from small cash loans. The cost of such loans is really high which makes them quite expensive. Small cash loans are charged with higher interest rate, because of short term lending. Also APR on these loans is as high as 300% as due to short term lending interest rates are charged as an annual charge. APR is calculated on number of factors like loan amount, cost of the loan and length of the loan. Moreover, lenders will also charge a fixed fee when they consider your profile for approval. Therefore, you are requested to apply for these loans only when you are sure about you can take the responsibility to pay them back on time.

You Borrow $1500 over 12 weeks, the Establishment fee (up to 20% of principal) is $300 and the total Monthly Fee (up to 4% of principal) is $180


Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Australia. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.

147 Denton Avenue, St. Albans 3021, Victoria, Australia