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Fees and interest rates statement

We want to be clear about the costs of a loan from Cash Relief.

Each time you take a cash advance of any amount, a $21.50 fee applies. If you want your cash paid into your bank account within 60 minutes a $10 quick service fee also applies. These 2 fees are added to the cash advance amount to make up the initial unpaid balance.

The interest rate is fixed at 456% per year or 1.25% per day. Put another way, the interest cost is $8.77 per week for every $100 borrowed.

The maximum period we allow is 42 days as these are strictly short term solutions.

These are fees you pay:


Facility Fees

  • Administration Fee – every new loan $21.50
  • 60 Minute Transfer Fee (optional) $10.00
  • Loan interest 456% per year 456% pa

Late Fees – you may be charged these fees

  • Dishonour Payment Fee $10.00
  • Ezidebit Dishonor Fee (Direct Debit) $14.95
  • Contact Fee* $10.00

*The Contact Fee is for every phone call, letter, text or Email attempt to arrange a payment on your account.

Interest calculation

Interest is calculated daily by multiplying the outstanding balance of your loan by the Annual Interest Rate divided by 365 and at the end of seven days the calculated interest for those seven days is then added to your loan balance.

Credit Limit

The maximum loan size is $600 subject to leading criteria and based on your regular income and expenses.

Business Hours: 9:00 to 4.30 Monday – Friday.