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Instant Finance interest rates for loans range from 19.95% to 29.95% per annum. Loans are required to be repaid by equal instalments of principal and interest over terms of between three months and three years.
Establishment fees vary based on the new loan amount. Full details of all fees are available here https://instantfinance.co.nz/rates-and-fees/
Example: A $3,000 loan repayable over 1 year by 52 weekly instalments of $75.06 at an interest rate of 29.95%. An establishment fee of $275 and administration fee of $2 per instalment ($104 for the term) will apply.
Total interest would be $524.12 making the total payable $3,903.12.
The APR inclusive of fees is 54.3%pa.