Medium Amount Credit Contracts Medium loans (MACC).
This is our Medium Amount Credit Contract, $2,001 to $5,000, over 90 days to 12 months, with the fees set out below. All applications are subject to eligibility criteria and responsible lending checks. Whether it's right for you depends on your circumstances, so take a look at the details before you apply.
MACC Medium Amount Credit Contracts Designed for larger commitments with higher loan amounts and longer repayment terms.
- Loan amount $2,001 – $5,000
- Loan term 90 days – 12 months
- Establishment fee $400
- Annual cost rate (interest) up to 48% p.a.
What Can a Medium Amount Credit Contract Loan Be Used For?
- Covering medical bills or major health-related expenses
- Financing home renovations or large-scale repairs
- Managing education-related costs such as tuition or certifications
- Funding major purchases like appliances or furniture
- Consolidating smaller debts into manageable payments
- Supporting business-related expenses or investments
Whether a loan is right for you depends on your circumstances. Consider the fees and repayment terms before you apply.