Payday Loan
Loans
No Section Title – 471 No Column Title – 472
Interest Rate
4%
per month on reducing balance No Column Title – 477
Repayment Period
1
Month No Section Title – 774 No Column Title – 775
Eligibility Criteria
- Pay slip, not to exceed 1/3 net salary up to a maximum
of $1,000.00 - A minimum contribution to of $50.00 to deposits per fortnight
- May be accessed six (6) times in a calendar year