How Payday Plus Works

Payday Plus will find you a lender, FAST!

Because we use a number of lenders, there is a better chance we can find one who will be able to help you.

As you’ve applied online, we’ll prioritise our online lending partner first. You are just a few minutes away from completing your payday loan application!

All you need to do is:

• Fill in our simple application form and press “Submit”
• Your application will be evaluated and submitted to a suitable lender from our panel of lenders
• In less than a minute we will tell you if you have been provisionally approved for a loan offer*
• If your application is provisionally approved, the lender will provide your loan agreement online for you to e-sign

* All applications will need to be assessed for suitability – in order to assess if it is affordable for you we will need to view 90 days worth of bank statements. This is required for all first-time borrowers. For repeat customers this will be required if we have not viewed your documents in the past 90 days.

People who have a short term cash emergency and can afford to repay their loan in full over their next month’s worth of paydays.

Payday Plus loans allow you to:

• Pay ‘Final Demand’ or emergency bills
• Pay for emergency medical or dental treatment
• Pay for car repairs
• Get that time sensitive deal

Repaying your loan is simple and automatic. The repayment is debited from your bank account by the lender on your payday for the agreed amount – no fuss and nothing else for you to do.

This depends on your lender. In general, payday loans are for a short term problem and you should try to ensure you repay them on time. Some lenders will allow you to defer a repayment if your circumstances have changed but they may charge you a fee.

Lending Rules – You need to be:

• Over 18 years old
• Employed either full or part-time
• Take home more than $1,200 a month
• Paid into your bank account