What if I am still in hardship after four months or more?
If after four months of hardship you find that your situation hasn’t changed or hasn’t improved to a point where you’re able to continue repayments, your account will be reassessed and we’ll be happy to discuss additional options.
1. Promotional offer valid for all new hummpro accounts opened before 30 April 2021 (“Offer Period”). All hummpro accounts opened during the Offer Period will have the monthly Account Fee ($15 per month if there is a Transaction in an Active Account Period) waived up until 30 June 2021. After 30 June 2021, the monthly Account Fee will apply and be charged where there is a Transaction in an Active Account Period. Approved applicants only. Fees, terms and conditions apply. Exclusions may apply. Cannot be used in conjunction with any other offer. This promotional offer may be amended, suspended or terminated at any time without notice. Credit provided by hummpro Pty Ltd ABN 94 639 701 312.
*The 1.5% fee is fixed for the duration of the Plan and is based on the starting Plan balance. The fee is charged each month when the Plan instalment is due and is only payable if the Plan remains open. If the Plan is paid off early, the remaining Plan fees will not be charged. 6 mths – maximum total Plan fee is 9% of the Plan balance. 9 mths – maximum total Plan fee is 13.5% of the Plan balance. 12 mths – maximum total Plan fee is 18% of the Plan balance.