Welcome to Swift Loans
Swift Loans is the best place to go for online cash loans. We are the experts in fast cash loans offering loans from $200 to $2000. All you have to do is complete our quick and easy online loan application process, and we’ll do the rest. There’s no paperwork for you to fill out, and we’ll let you know how much quick cash you may be able to borrow within a matter of minutes. Often you need money fast, so if approved, we’ll transfer the cash loan from our account within the hour*. What’s more, we give you the option of repaying over 10, 14 or 18 weeks so that you can be comfortable that your short-term loan won’t be a burden. *During standard AEDT banking hours. In the event that we are unable to assist you, we will endeavour to refer you to another lender who may be able to consider you for a loan.
BEWARE OF SCAMMERS REQUESTING ITUNES VOUCHERS. WE WILL NEVER REQUEST THAT YOU BUY ITUNES VOUCHERS. WE ONLY ACCEPT LOAN APPLICATIONS DONE ON OUR WEBSITE AND NEVER OVER THE PHONE!
APR example: under the current legislation Swift Loans does not charge an interest rate. You may know this as Annual Percentage Rate or APR. We do charge an establishment fee and a monthly fee (see below). As an example, a loan of $1000 for 18 weeks has fees and charges totalling $397.40 Maximum APR of 115.12% and a total repayment of $1,397.40 The minimum loan duration is 10 weeks and the maximum loan duration is 18 weeks.
Below are some examples of how the cost of your loan is calculated.
10 Week Example
You borrow $400 for 10 weeks and get paid fortnightly:
|Repayments||Per Fortnight||Total Repayment|
In the above example you will pay $527.36 in total. This is made up of:
|Establishment fee (19.99% of principal)||$79.96|
|Monthly Fees (3.95% per month or part thereof)||$47.40|
18 Week Example
You borrow $1000 for 18 weeks and get paid weekly.
|Repayments||Per Week||Total Repayment|
In the above example you will pay $1,397.40 in total. This is made up of:
|Establishment fee (19.99% of principal)||$199.90|
|Monthly Fees (3.95% per month or part thereof)||$197.50|