MoneyLoop provides interest-free, fee-free finance for customers to pay their insurance excess. MoneyLoop's solution is offered to the consumer at the point of claim by our insurance partners.

MoneyLoop settles the excess with the insurer at a discount and receives payment in full from the consumer in 5 equal instalments over 2 months.

Total excess paid by Australians: $3.2B p/a
Average discount: 7%
Number of distributors: 5