Loan Costs, Fees & Charges

Last updated: 1 August 2025 

At Cash Today, we believe in clear and upfront pricing. This page outlines all the fees and charges that may apply to different types of loans we help facilitate, so you can make an informed decision before applying.

We match you with the lender most likely to approve your application, based on your eligibility profile and 90-day bank history. When possible, we’ll show you multiple loan offers — allowing you to compare interest rates, fees, and terms before choosing the option that suits you best.

Estimated repayment: —

Total repayable: —

Loan Types & Fee Breakdown

1. Payday Advance Loan

  • Loan amounts: $300 – $2,000
  • Loan term: 1–4 weeks
  • Transaction fee: Flat 5% of the loan amount
  • Interest: N/A
  • Repayments: Typically due on next payday

2. Small Loans (SAAC Loans)

  • Loan amounts: $400 – $2,000
  • Loan term: 2 – 6 months
  • Establishment fee: 20% of loan amount
  • Monthly fee: 4% of loan amount
  • Interest: N/A

3. Medium Loans (MAAC Loans)

  • Loan amounts: $2,001 – $5,000
  • Loan term: 7 – 24 months
  • Establishment fee: $400
  • Monthly fee: $0 – $18 (depending on lender)
  • Interest rate: 19% – 48% p.a.

4. Large Personal Loans

  • Loan amounts: $5,001 – $80,000
  • Loan term: 1 – 7 years
  • Establishment fee: $310 – $1,035
  • Monthly fee: $0
  • Interest rate: 7.24% – 19.99% p.a.

What Affects Your Loan Costs?

  • Loan type: Payday advance, small, medium, or large
  • Loan term: Shorter loans typically incur fewer monthly fees
  • Credit profile: Applicants with stronger financial histories may qualify for better rates
  • Repayment behaviour: Missed payments can result in additional fees from your matched lender

Responsible lending

Are There Any Hidden Fees?

No. The lenders in our network provide full transparency. You’ll always see the total repayment amount and fee structure before you accept a loan offer. If anything is unclear, you’re encouraged to ask for a breakdown.

Responsible Lending Commitment

Cash Today and our lending partners comply with the National Consumer Credit Protection Act (2009). Loan offers are tailored based on affordability and your financial history to help avoid hardship.

Need Help Understanding Loan Fees?

If you’re unsure about which fees apply to your situation or want to compare loan types, visit our Before Applying page or speak with our support team.

FAQ: Loan Costs & Charges

Q: What is the maximum I could pay for a small loan?
A: For a $2,000 SAAC loan over 12 months, you’d pay up to $400 in establishment fees and $80/month in monthly fees. Total cost: up to $1,360.

Q: Are early repayments penalised?
A: Some lenders allow early repayment with no penalty. Others may charge a small exit fee. You’ll see the terms before you accept.

Q: Is interest charged on no credit check loans?
A: No. Loans up to $2,000 use fee-based pricing (no interest), which is capped by law.

Q: Do all lenders charge the same fees?
A: No. Each lender in our panel sets their own pricing within legal limits. Cash Today helps you compare offers.

Author: Steve Stemp – View author bio