From  5.76%²  (Comparison rate 5.76%³)

 

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.

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.

If you are having trouble keeping up with your repayments, please 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 may be charged to the borrower's account to cover the costs of the additional administration required to re-process the payment. This will be due with the borrower's next payment.

 

Collection and enforcement fees

If collection or enforcement action is required against a borrower, any legal and associated third party costs incurred may be charged to the borrower's account. These will be due with the borrower's next payment.

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.

 

In most cases, if you keep up with your regular repayments the only fee you’ll pay is the one-off Establishment fee.

If we accept a borrower’s request to an early discharge from any security interest, any legal and associated third party costs incurred may be charged to the borrower’s account. These will be due with the borrower’s next payment.

If a borrower is introduced to us by a third party (such as a broker), we will charge an up front, one-off fee for that introduction. This is added to the approved loan amount requested, and paid to Harmoney on settlement of the loan, to cover the fee we pay to that third party.

For more information, please refer to our Loan Agreement General Terms.