Winter sports season is well under way and the registration fees for junior players can range from $180-$400. The registration fees charged by most sporting clubs do represent great value when the standard of the coaching, competition and facilities is considered, but it is still a struggle for many parents to pay the season fees in the lump sum required.
A South Australian study in 2011 by academic Carol Maher found that children from low-income families are less likely to play sport outside school. More recent findings from varying socioeconomic backgrounds found that “most kids don’t just run around in the park anymore – it’s really either organised and registered sport, or nothing (outside of school, anyway); and when parents are financially struggling, organised kids sport is the first thing to go.” Kids sport can cost thousands of dollars each year per child depending on their talents and passions and when you add additional children in larger families it becomes unaffordable for many.
Club Money can help ease the burden and support young families with short term loans for these lump sums. Parents of junior football players are charged $325 to sign up for Victorian Club District Football, and although this includes a playing kit and personalised sports bag, all the registration fees and administrative costs can be difficult to cover the cost. Especially when access to additional funds may not be available through traditional avenues such as credit cards, personal loans, car loans and mortgages.
Low income, poor or bad credit rating, low savings or past defaults can cause this difficulty, and Club Money can help by providing fast cash loans or short term payday loans, large or small, for these sudden expenses. The terms of the loan are clear and easy to understand and clients know the exact amount of their repayments, the costs involved, and any possible default fees.
Our easy, fast online application allows families in need of same day, simple cash loans, access to money to relieve the stress. Money should not stand in the way of children participating in sport and Club Money wants to help all Australians have access to their sporting passions and more importantly a healthy lifestyle.