My Pay Stat provides personal loans… made easy! We offer our clients loans up to $5000 at competitive rates with a
flexible repayment schedule that you tailor to your financial needs. Our online application is easier than you think!
Our loan application is 100% online. We connect digitally to verify your income, expenses,
credit check and ID Verification. That means you don’t have to send in lengthy documentation
every time you apply for a personal loan.
We look at many factors while assessing your application. You MUST be employed to qualify for a loan with us.
If the principal amount you borrowed is between $300 and $2,000. When you make a scheduled payment on time, you’ll be charged the loan establishment fee and the monthly loan fee. Dishonour and default fees will apply if you miss any repayments
If the principal amount you borrowed in between $2,001 and $5,000. When you make all scheduled repayments on time, you’ll only be charged the loan establishment fee and interest charges calculated based on the applicable interest rate. Other fees will apply if you miss or reschedule any repayments.
No Early Payout Fees
Only pay for your loan up until the time that you have it. For Micro Loans you only pay a monthly fixed 4% fee for every calendar month. For Macro Loans, you only pay for the interest for the time that you have the loan. So if you are approved for a 5 month term but have an opportunity to pay it off in 4 months, then you will not be charged any early payout fees.
No hidden fees
Our mission is to give you access to a financial solution that is transparent and reliable. This means that there are no hidden fees or costs associated with your loan.
Easy Online Application
Making an application with My Pay Stat is easier than you think.We’ve built a smart technology that automatically organises your financial information to give you faster than you expect decisions.
There are no nasty or hidden surprises when you’re dealing with My Pay Stat. We’ll remind you when your repayments are due so you don’t forget and can organise flexible repayments.
My Pay Stat provides personal loans… made easy! We offer our clients loans up to $5000 at competitive rates with a flexible repayment schedule that you tailor to your financial needs. Our online application is easier than you think!
Experience a new way of lending. No need to bury yourself up the wazoo in documents, no need to chat on the phone with operators that demand too many details. We make loans hassle-free at great rates in the market.
My Pay Stat strives to make your loan application process as easy as we can make it. However, we have a few eligibility criteria before you can take out a quick cash loan and check if they’re really as fast as we state them to be.