What happens if I pay early or if I can't pay on time?

At Sunshine Loans we customise your payments and your payment schedule to suit your personal situation.

Some times you might want to pay out your full loan early. When that is the case we won't charge you any cancellation fees.

In fact, we'd be happy about that.

However, if your repayments are not on time, please contact us immediately (create a ticket) so we can discuss the matter. We require 2 business days notice to consider the rescheduling or adjustment of a payment.

Please note: There are fees associated with rescheduling or adjusting a payment and a weekly arrears management fee ($30) charged for each week the loan goes past its original scheduled finish date. If your account remains in arrears after 60 days, we may mark your credit file with a default.