Finance Cost
Credit charges are 1.333% per day of the credit advanced over the
repayment period of time.
Extension Fee
The extension fee is the finance cost of the current principle balance.
- Extension must be submitted not less that 2 business days before due date.
- Extension fee is due on original installment payment due date.
Notice of Pawnbrokers’ Charges
Second-Hand Dealers and Pawnbrokers Act 1989 - Section 23(2)
| Amount Loaned
(irrespective of the number of items) |
Weekly charge | Monthly charge | Daily charge |
|---|---|---|---|
| $0 - $20 | $0 - $1.87 | $0 - $8.26 | $0 - $0.27 |
| $21 - $50 | $1.96 - $4.67 | $8.68 - $20.66 | $0.28 - $0.67 |
| $51 - $100 | $4.76 - $9.33 | $21.07 - $41.32 | $0.68 - $1.33 |
| $101 - $200 | $9.42 - $18.66 | $41.74 - $82.65 | $1.35 - $2.67 |
| $201+ | $18.76+ | $83.06+ | $2.68+ |
Please Note: In special circumstances a higher amount than the above may be charged. This may occur if it is reasonable to do so because additional storage costs are likely to be incurred in relation to the goods being pawned; or it is reasonable to do so because the agreement provides for amounts to be paid less frequently than is specified in the notice above.
Charges may become payable
Payment Dishonour Fee: $25 for each payment dishonoured.