We’ve partnered with Payright to offer flexible finance solutions, including extended loan options for purchases up to $30,000
Important update from June 10, 2025: To comply with new Australian credit laws, customers applying for Payright Plus loans over $2,000 will be asked to provide additional information about their expenses and household situation during the application process. This extra step will not delay your loan approval.
The details
- Loan Amounts: $6,001 to $30,000
- Flexible Repayment Terms: Choose from 12, 18, 24, 36, 48, or 60 months
- Easy application process: Get financing approval in 6–8-minutes
- Interest Applies: Interest rates start from 9.99%, 15.99% or 22.99%* based on the customer’s personal circumstances and credit score.
- Minimum Deposit: A 10% upfront deposit is required
- No Upfront Fees: No joining or setup fees
- Automatic Payments: Payments are conveniently deducted from your nominated account
SAMPLE SCENARIO:
A personal loan of $10,000 borrowed for 3 years with an interest rate of 15.99% p.a. (18.33% p.a. comparison rate), would equate to a total amount payable of $13,105.03 (including a $99 establishment fee and $8 monthly loan management fees).
Frequently Asked Questions
- How do I apply for Payright Plus?
Contact our friendly team to assist you with your Payright Plus financing application. We will set up a Payright Plus application form based on your requirements including:
- Loan amount (up to $30,000):
- Installment frequency: fortnightly, monthly
- Loan duration: 12, 24, 36, 48 or 60 months (depending on loan amount)
For loans over $2,000, the application will include an additional step to collect information about your expenses and household situation to meet new responsible lending obligations.
Payright Plus also requires the following information to complete their credit checks:
- Full Name (as per ID)
- Address (as per ID)
- Date of Birth
- Mobile Number
- Email Address
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Where can I find out more information about Payright Plus?
Visit: Payright Plus
*Comparison rates are 12.39%, 18.33% and 25.28% p.a.
BNPL Plan Activation Reminder: All approved Payright Plus plans must be activated by 5pm on Monday, June 9, 2025. Plans not activated by this deadline will be cancelled and require reassessment under new regulations. Activation requires arranging delivery of goods or services within 8 weeks from June 9, 2025.
No Financing for Unsolicited Sales: From June 10, 2025, Payright will no longer finance any purchases initiated through unsolicited sales methods (e.g., door-to-door sales, cold calls, or pop-up kiosks). Any such sales will be deemed non-compliant and subject to chargebacks.