| loan amount | K500 |
| approximate repayment amount | K328.13 / Fortnight |
| number of payments | 4 |
| interest and fees | K812.52 |
| total repayment | K1312.52 |
Good credit? Bad credit? Don’t worry – we also consider your current situation.
Our online loan application is quick and clear. Apply online in 5 minutes.
There are no hidden fees. We’ll tell you all costs upfront. See our fees here.
We’re a digital online lender but also accept face to face applications. You will need a mobile phone and an email address and internet access for online applications. Whatever your circumstances let us know, we can probably help you
You must receive a stable and ongoing income and have accrued leave entitlements.
You need an active bank account where your pay gets credited on regular paydays.
Moni Market specialises in providing fast little loans. You can borrow K100 to K2000 for between 2 and 12 weeks.
When you get a loan with Moni Market, you know exactly what you are getting. We promise there are no hidden costs, no small print and no nasty surprises. What you see is what you get.
Our loans have been designed to provide quick, clear and fair finance for people who need help making ends meet.
Moni Market Financial Services Limited is a registered company operating within PNG.
The Credit Agreement (Loan Agreement) will be governed by the laws of PNG.
We will get in touch with you if any of your payments dishonour and if you have a genuine reason we will do everything we can to help you. If you are able to make the payment within 36 hours we will not charge a default fee of K20.
If we have not been able to come to some agreement after ten days, or you have dishonoured more than once, we will arrange to recover the loan by wage deduction.
If we still have not been paid in full we will lodge a default against your credit report, this may be followed by legal action.
If you have experienced some form of hardship e.g. sickness, redundancy, family bereavement—between taking your loan and your payment we will look to put a new schedule together without adding additional fees.
If you fail to repay your loan it will negatively affect your credit rating.
Moni Market loans are only suitable to improve short term cash flow requirements.
Any advice provided is generic in nature and may not suit your individual needs. If you are already in debt we would advise you to seek professional budgeting advice before taking out a Moni Market loan.
If you have any questions about our loan, or do not understand what you are signing you should seek independent legal advice.