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If you make all of your repayments on time, you will not be charged any fee other than our Establishment Fee. If you have come through a broker, you may incur a Lending Assistance Fee.

However, if you do not make a payment on time, you may incur some other fees listed below:

  • Default Administration Fee: $25
    This fee is payable to MoneyPlace any day on which a repayment is due and you have been in default at any time in the period after the immediately preceding repayment was due.

  • Dishonour Fee: $10 per dishonour
    Payable each time a payment you make is dishonoured.

If you can’t pay on time, contact us immediately.