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INSTANT INK & PAY LATER
FEE STATEMENT
We offer a unique style of service to help our customers to get more art with less financial fuss. This service allows you get your tattoo started and pay it back periodically.
Here are some Examples:
Small Tattoo Loan
$500
10 $53.6
repayments per week
X
Total repayment
$670
Total length of loan
70 days
$134
establishment
Medium Tattoo Loan
$1,000
10 $107.2
repayments per week
X
Total repayment
$1,340
Total length of loan
70 days
$268
establishment
Large Tattoo Loan
$1,500
10 $160.8
repayments per week
X
Total repayment
$2,010
Total length of loan
70 days
$402
establishment
*Repayment terms can be extended.
To achieve this we offer low interest rates with affordable establishment fees. See below:
Loan fees and interest
Establishment Fee
One-off fee at the start of every loan
20% of Principal
Account Keeping Fee
Over the line time of loan
4% of Principal
Over the line time of loan
Interest
10% of Principal
Dishonour Fees and Default Fees
Dishonour Fee
Dishonour Fee is charged each time a direct debit or other payment is not made in full and on time.
Dishonour Fee
Charged daily as a recovery fee to cover reasonable costs.
$35
$5 per day
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