Interest Rates (Per Day)
Based on your unique circumstances, interest rates range from 0.05% to 0.13% per day, annual interest rates range from 18.25% to 47.45%.

Establishment Fee (Loan Amount)
($1,000): $150
($1,001 – $3,500): $250
($3,501 – $5,000): $350
($5,000 above): $475

Variation Fee

Method of charging interest
Interest charges are calculated by multiplying the unpaid balance at the end of the day by a daily interest rate. The daily interest rate is calculated by dividing the annual interest rate by 365.

Interest is charged to your account.

Repayment Information

Payment is made by weekly or fortnightly Direct Debit.

Default fees
A late payment fee of $15.00 will be charged if you do not make your payment in full by the payment due date. If this payment is not met before the next payment due date, then overdue fee of $15.00 will be charged on top. There may be other consequences under the contract in the event of default.

A fee of $16.50 will be charged to register a security interest if security is required on a loan.

Early settlement
You have the right to repay all or part of the loan at any time. There is no early repayment fee.

*Normal Credit Criteria
Loans are provided, subject to status by Hippo Cash operating from Auckland, New Zealand. To apply you must be at least 18 and New Zealand Citizen/resident Or Australian Citizen. The rate you are offered will depend on your personal circumstances, credit assessment procedures and other related factors. Your application will not be considered without a valid phone number and personal email.