Rates & Fees

Instant Finance Rates & Fees at a glance

• Interest rates: 9.95% to 29.95% p.a., set for you personally and fixed for the life of your loan.

• Borrow: $500 to $50,000, over 3 months to 7 years.

• Upfront fees: an establishment fee of $100 or $220, plus a small ID check fee ($2.55 or $7.70). These can be added to your loan.

• Ongoing: a $3 admin fee on each repayment.

• Paying off early: you can, any time. Unused interest and admin fees are rebated, and there's a $25 fee.

• What $10,000 over 3 years costs (weekly): $12,308.40 in total at 9.95%, $14,079.00 at 19.95%, $15,996.24 at 29.95%.

• Every fee, including the ones that only apply if a payment is missed, is in our Schedule of Fees (1 March 2026).

Detailed Rates & Fees Information

Interest rates

Instant Finance provides loans at an annual interest rate from 9.95% to 29.95% per annum.

The rate that applies to your loan will be based on a range of factors including your circumstances, credit history with us or others, the security you can provide and the loan amount.

Once set, the interest rate is fixed for the term of your loan.

Default interest rate

If you get behind in your loan repayments, then we may charge a default interest rate on any overdue loan payments, while they are unpaid. 

For Personal Loans written prior to 1 March 2026, the Default rate that we charge is 10% per annum above the Interest Rate that normally applies to your loan.

For Personal Loans written after 1 March 2026, the Default rate that we charge is 5% per annum.

Loan terms

Loan terms are normally over a maximum term of seven years.

Loan fees

Some or all of the following fees are payable at loan commencement, these may be added to the amount you borrow:

Fee	Description	Cost
Loan establishment fee	A one-off set up fee for your loan.	From $100 to $220 depending on amount of new money borrowed
Digital ID Verification Fee	A per verification charge through a 3rd party where we meet face to face	$2.55 per person
Digital & Biometric ID Verification Fee	A per verification charge through a 3rd party where the loan is transacted remotely.	$7.70 per person
Security Registration fees	For secured loans where we register an interest in Personal Property items provided as security	$8.05

Other Fees

Administration Fee	A fee payable on each instalment of the due date of your loan	$3 (per instalment)
Credit and Default fees	Other fees that can arise during the course of a loan are show in the full fee schedule

What a $10,000 loan costs over 3 years

Percentages can be hard to picture, so here's the same loan at the bottom, middle and top of our range: $10,000 over 3 years, with weekly repayments.

	Lowest rate (9.95%)	Mid rate (19.95%)	Highest rate (29.95%)
Weekly repayment	$78.90	$90.25	$102.54
Total interest	$1,612.70	$3,383.30	$5,300.54
Total fees	$695.70	$695.70	$695.70
Total repayable	$12,308.40	$14,079.00	$15,996.24

Fees in each example: a $220 establishment fee, a $7.70 ID verification fee and a $3.00 administration fee on each of the 156 instalments.

The establishment fee is $100 if you're borrowing $500 or less in new money, and $220 above that.

Before we lend, we take a proper look at your income and expenses so your repayments fit your budget. As a responsible lender, we don't want to see anyone get in over their head.

Rates and fees: your questions answered

What will my loan actually cost?

Your total cost is the interest plus fees. As a guide, borrowing $10,000 over 3 years with weekly repayments costs $12,308.40 in total at our lowest rate (9.95% p.a.), $14,079.00 at a mid rate (19.95% p.a.) and $15,996.24 at our highest rate (29.95% p.a.).

For your own amount and term, have a play with our loan calculator.

Which rate will I get?

All our rates are personalised, so it could land anywhere from 9.95% to 29.95% p.a. We look at your income, expenses and credit history upfront, so a loan doesn't leave you in over your head, and you'll see your rate before you sign anything.

Are fees added to the loan?

Some or all of the upfront fees (the establishment fee, ID verification fee and any security registration fee) can be added to the amount you borrow, so you don't have to pay them on day one. Interest is then charged on them along with the rest of your loan. Everything is disclosed before you sign.

What happens if I miss a payment?

A default interest rate may apply to overdue amounts while they're unpaid, and some fees can apply too. They're all listed in our Schedule of Fees. If things are getting tight, talk to your local branch early. We'd rather help sort it out.

Can I see every fee?

Yes. Every fee is listed in our Schedule of Fees, current as at 1 March 2026, including the ones that only apply if a loan falls behind.

View the Schedule of Fees.

Is the rate fixed?

Yes. Once set, your rate stays the same for your whole loan term, so your repayments won't change.

Can I pay my loan off early?

Yes, at any time. If you do, the interest and admin fees for the unused part of your term are rebated (taken off what you owe), and a $25 fee applies when you repay the whole loan early.