Fees and charges which may become payable to the Lender under your Agreement

Direct debit dishonour.  Provided the Lender has not been contacted by you to make alternate payment arrangements.

1st dishonour

2nd dishonour

3rd dishonour

$25.00

$40.00

$60.00

Direct Debit Fee.  If your payments are made by Direct Debit, this fee will apply on a per transaction basis and be added to the amount due and the total will be Direct Debited from your nominated bank account

$0.65

Default Account Keeping Fee.  If you default at any time under the loan or fail to pay or dishonour a scheduled repayment amount when due under your loan contract, this fee may be debited to your account on the first day of each month. After that debit is made, this fee forms part of the balance on which interest is (if any) charged.

$35.00

Other Dishonour Payment Fee.  When we are notified of a dishonour by our bankers for a payment you made other than by direct debit, this fee will be debited to your account and will form part of the balance which interest (if any) is charged.

$25.00

Withdrawal or Loan Increase Fee.  Should we agree to advance you further moneys under this Loan Agreement, this fee may be debited to your account for each and every advance and will form part of the balance on which interest is charged.

$45.00

Additional Statement Fee.  If you request the Lender to supply you an additional statement of account, this fee may be debited to your account and form part of the balance on which interest (if any) is charged.

$5.00

Default Notice. (Loans larger than $2000) lf your loan is in arrears and the Lender finds it necessary to issue a Default Notice, this fee may be debited to your account and will form part of the balance on which interest (if any) is charged.

$150.00

Default Notice. (Small amount Credit Contract) lf your loan is in arrears and the Lender finds it necessary to issue a Default Notice, this fee may be debited to your account and will form part of the balance on which interest (if any) is charged.

$60.00

Repossession Authority.  If we raise a repossession authority after you fail to make good any default under the loan, this fee or the amount the Lender is charged by our Commercial Agent, whichever is the higher, will be debited to your account and form a part of the balance on which interest (if any) is charged. Towing charges will be additional.

$440.00

Missed Payment Fee. If you miss or fail to make a payment in accordance with the repayment schedule, this fee may be debited to your account and form part of the balance on which interest (if any) is

$25.00

Enforcement Expenses.  These may be payable when, following an unremedied default, we have cause to recover any expense we incur in enforcing our rights under the Transaction Documents.

At cost.