Charges

CASH4YOU is an upfront, no surprises cash advance company.

To make our cash advances fair and clear, we tell you the total amount repayable upfront.

For example for a cash advance of $1,000, repayments are $90 weekly for 12 weeks, making your total amount repayable $1,080. The total amount repayable includes the initial advance balance of $1,000, a $50 establishment fee and $30 interest. A $50 establishment fee also applies each time a loan is refinanced.

Please note, if you fail to pay as agreed then your total amount repayable will change from our initial calculations. This will occur if you don’t ensure enough funds are available for your weekly repayments. The Credit Contract clearly identifies default fees as follows:

Default Interest Charges and Default Fees

In the event of a breach of the contract or on the enforcement of the contract, the default fees specified below are payable. Your credit contract may allow the creditor to vary these fees and charges. The normal interest rate of 25% continues to be charged on amounts in default.

Default Fees:

• $25.00 dishonour fee.
• 'Credit Impact Fee Letters' correspondence fee; $20.00 fee per correspondence sent.
• 'District Court Claim Fee Letter' correspondence; $30.00 fee per correspondence sent.
• 'Plus any other applicable collection and legal costs.