17 Feb Mob Strong Debt Helpline – 1800 808 488
A payday loan, also called a small amount loan, lets you borrow up to $2,000. You have between 16 days and one year to pay it back.
While it might look like a quick fix, a payday loan has a lot of fees. For example, to pay back a $2,000 payday loan over one year, your total repayments will be about $3,360. That's $1,360 more than you borrowed.
If you're getting a payday loan to pay off another loan, talk to a financial counsellor. It's free and confidential.
No interest loan
- Borrow up to $1,500 for essential items like car repairs or a fridge.
- You must have a Health Care Card or a Pensioner Concession Card or an after-tax income below $45,000.
- You only repay what you borrow. There is no interest or fees.
Loans without interest: apply www.paydayloansohio.net/cities/circleville/ for a Household Relief Loan to pay for rent and utilities if you've been financially impacted by COVID-19. Loans are for up to $3,000, have no interest or fees and are repayable over 24 months.
Centrelink advance payment
- You can get an advance payment of your Centrelink benefit.
- Most people who receive a Centrelink payment can apply.
- There is no interest or fees.
Help paying your bills and fines
If you're struggling to pay your bills, don't get a payday loan. Talk to your service provider straight away. They can help you work out a payment plan to pay bills or fines.
If you're struggling to make ends meet, talk to a financial counsellor.