How much cash do you want?
Why choose Swoosh?
Money in your account within 24 hours.
We protect your info by using 256-bit SSL.
We give everyone a fair go.
Because we're here to help
Here at Swoosh Finance we're simply mates helping mates. No matter what walk of life you find yourself in. Whether you need to pay rego, fix your car or provide for your young family, we're here to help.
What it Costs?
We offer Small and Medium SACCs (Small Amount Credit Contracts). The small loans are typically over 9 weeks and the medium loans over 52 weeks. SACCs are not based on interest, but on a fixed monthly fee. As our small amount loans (under $2000) are limited to a fixed monthly fee structure they are not subject to an interest rate (APR) or a comparison rate. Examples below:
Small SACC - $400 over 9 weeks
|Establishment Fee (20%)||$80|
|Monthly Fee (4%)||$16|
|Total fees and charges||$128|
Medium SACC - $2000 over 12 months
|Establishment Fee (20%)||$400|
|Monthly Fee (4%)||$80|
|Average Weekly Repayment||$64.62|
|Total fees and charges||$1360|
Our fee structure is:
Establishment fee: (20% of amount borrowed), Monthly fees: (4% each month), Standard term: 9 weeks, Maximum term: 52 weeks.
For more information about the allowable fees and charges for Small Amount Credit Contracts (SACCS) visit the MoneySmart website.