MAAC Loans:
Loans up to $5000
Apply for a loan in minutes
Same-day approvals
Cash paid fast
Step 1: Fill out the quick application form
Step 2: Authorise the 90-day online bank statement collection
Step 3: Get your loan approval decision
It’s two simple steps to connect you to the right lender.
Purchases
Furniture, electronics, white goods
Moving expenses
Bond, vehicle hire, services
Travel & leisure
Exciting experiences
Veterinarian bills
Treatment & overnight care
Dentist & medical
Procedures & extras
Emergency loans
Unexpected expenses
Same-day payments into your designated bank account for applications approved before 2 pm AEST.
How it works:
Fees & charges >>
Required documents >>
Approval >>
Getting paid >>
Repaying the loan >>
Fees & charges
MAAC loans have an establishment fee, ongoing monthly fee, and interest charged. The total amount of fees and charges on loans over $2000 is not allowed not exceed 48%.
Required
- Proof of Australian residency (utility bill) and regular income
- Driver’s licence or other identification (over 18 years of age)
- A read-only 90-day banks statement (via online bank verification)
- Credit check
- Repayment affordability can be established
- No direct debit dishonour transactions in bank statements
Getting paid
If your application is received before 2 pm AEST, the approval status will be shown within 60 seconds, and the decision confirmed within hours. If approved, money is deposited into your bank account that evening.
Repaying the loan
A Medium Amount Credit Contract (MAAC) loan is a type of short-term loan product for amounts between $2001 and $5000, repaid over a duration that is between 16 days and 24 months,
Ensure that you feel confident that you will be able to make your repayments before applying for a loan.
Before applying, please ensure that you have read the warning about borrowing, and understand our terms and conditions.
Special circumstances:
We offer options for customers who may have difficulty obtaining a loan, such as customers receiving Centrelink income (or other benefits) or with bad/no credit rating. These are different to SAAC loans.