MACC vs SACC Loans: What’s the Difference in Australia?
If you’re researching personal loans in Australia, you may have come across two terms: SACC (Small Amount Credit Contract) and MACC (Medium Amount Credit Contract). These loan types differ not just in size but also in structure, fees, and eligibility.
Here’s a quick breakdown:
🔹 SACC (Up to $2,000)
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Loan amount: $100–$2,000
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Duration: Up to 62 days
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Fees: Up to 20% establishment + 4% monthly
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Best for: Emergency short-term needs
🔹 MACC ($2,001–$5,000)
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Loan amount: $2,001–$5,000
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Duration: Typically 3 to 24 months
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Fees: Flat $400 setup + up to 48% p.a. interest
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Best for: Planned expenses or larger purchases
At MyCashOnline, we specialise in MACC loans, offering fair pricing, flexible repayment terms, and fast online applications.
🔎 Need help deciding which loan is right for you?
Visit our [Loan Comparison Guide] or [Apply Now].
