In New Zealand a late fee or overdue fee is charged if a payment is not made in full and the account goes into arrears.
The fee payable is $20 on each of 6, 36, 66, 96, 120 days after the payment date, if the account remains outstanding. The fee will be payable on the borrower's next direct debit date.
In Australia, borrowers who maintain their regular repayment schedule will be charged only the one-off Establishment Fee. A dishonour fee of $15 may apply should repayments be dishonoured.