Interest rates
From 5.76%¹ (Comparison rate 5.76%²)
We assess your financial situation and assign you a rate, so you pay based on your individual circumstances, not everyone else's. Learn more about how interest rates work.
One-off Establishment fee
Harmoney charges an up front, one-off Establishment Fee of:
- Some applicants with strong credit profiles may be eligible for a $0 establishment fee
- $275 for loans of below $5,000 or;
- $575 for loans of $5,000 and above.
The Establishment Fee is added to the approved loan amount requested, and paid to Harmoney on settlement of the loan.
Default fees
If you are having trouble keeping up with your repayments contact our Collections team to discuss your situation before you are charged any additional fees. We’re here to help.
Dishonour fee
If a borrower's repayment is dishonoured, a $15 fee will be charged to the borrower's account for the additional administration required to re-process the payment. The fee will be due with the borrower's next payment.
Legal fees
If enforcement action is required against a borrower, any legal and associated third party costs incurred will be charged to the borrower account. The costs charged are due in the borrower's next payment.
$0 monthly account or early repayment fees
We don’t charge monthly account fees or early repayment fees. You can pay your loan off anytime without any penalty, so you can save on interest.
If you keep up with your regular repayments the only fee you’ll pay is the one-off Establishment fee.
