How humm loan works

humm loan is humm group’s new loan product that provides our customers with the flexibility to make their purchases at a point of sale in our merchant network or access a cash loan (coming soon) to manage their spending and cash flow. Listening to our customers about their changing needs in the current climate and working closely with our merchant partners, this product is issued by Once Credit Pty Ltd (a humm group company) under Australian Credit Licence No. 386194 in compliance with the National Credit Code (“NCC”) and other relevant laws dealing with consumer credit.

With humm loan, you can borrow from $2,000.01 to $50,000 and pay it back in monthly or fortnightly instalments over 12 – 72 months*. You can access the humm loan app or web portal to review your loan and manage your cashflow/payments.

*Lending criteria, fees, T&Cs apply. humm loan has interest and costs associated like establishment fee, a monthly loan fee, and a late payment fee if you miss an instalment.

When making a purchase online within a humm loan merchant partner shopping portal, at checkout select humm loan as the payment method.

You will then be taken through to the humm loan portal.

Purchases can be made online from $2,000.01for up to $50,000*.

You can view our How it Works page for more details.

*Minimum and maximum purchase amounts and available repayment periods differ between stores. Fees, terms and conditions apply.

When making a purchase with humm loan, you can apply instore at any of our merchant partner stores for purchases from $2,000.01 up to $50,000*.

Dependent on the value of the goods or service and your personalised assessment; you may be offered a loan repayment terms* of between 12 and 72 months.

If you’re not already a humm loan customer, our merchant partner’s sales staff can help sign you up instore, or if you’re an existing customer, the merchant partner’s staff will provide a link via SMS for you to complete your purchase and speed up the application process.

You can view our How it Works page for more details.

*Minimum and maximum purchase amounts and available repayment periods differ between stores. Fees, terms and conditions apply.

You can apply for humm loan by clicking on “apply” on our website or download the humm loan app from the App Store or GooglePlay. You can request for the limit and will be guided through the application process. You will also be given a decision based on our credit assessment criteria. You can then choose to spend the approved limit at a humm loan merchant.