Watch your nuts - Consumer Action Law Centre

(Or: Why you should avoid fast loan lenders before they sink their teeth in)

So you want money fast?

The more you borrow

the harder they squeeze

How do they compare?

$500 $1000 $1500 $2000

How do they compare?

I've come for your nuts

Compare nut grabbers

 
Affordable repayments?
Proper affordability checks?
Low fees and charges?
Gotcha by the nuts?

Compare nut grabbers

Affordable repayments?
Proper affordability checks?
Low fees and charges?
Gotcha by the nuts?
Affordable repayments?
Proper affordability checks?
Low fees and charges?
Gotcha by the nuts?
Affordable repayments?
Proper affordability checks?
Low fees and charges?
Gotcha by the nuts?

Ways to avoid getting squirrel-gripped:

  • Chase up your tight-arse mate/s for all that beer money they owe you
  • Become a competitive eater with a crazy popular YouTube account
  • Sell some of your stuff on eBay or Gumtree. (After all, the average household has $5,400 worth of unwanted stuff lying around! Who knew?)
  • Buy second hand from eBay or Gumtree
  • Take in a boarder, or rent out a room on AirBnB
  • See if your folks can spot you for a bit. Go on, ask nicely
  • Help Beryl around the corner with her gardening, or earn $$$ through AirTasker
  • Borrow whatever you actually want to buy from a mate
  • Shop around for cheaper gas, electricity, insurance, broadband etc. Switching might just save your nuts
  • Request a bill extension from your utility provider
  • Ask your employer for an advance on your wages
  • Actually squirrel away your savings and save up for it
  • There's nothing cute about fast loans that charge you up to 400% interest. So do 'Anything Else', seriously, anything else, apart from getting a fast loan (aka payday loan, aka 'small' loan) before you find yourself calling the National Debt Helpline on 1800 007 007

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