Once your personal loan is approved, you could receive the money in your account within 20 minutes.
Less than 10 minutes is all you need to apply with our fast online application.
Manage repayments and keep track of your loan anytime, anywhere with My Loans
That's 6.5 million times we've been able to help out our customers when the unexpected happens.
We know that life doesn't always go to plan, so that's why we've made it simple.
Apply for up to $5,000 instore or online for anything from a car repair to a last-minute birthday gift.
Plus, we’ve made it even easier to keep track of your loans, make repayments and view your upcoming payments with My Loans.
Ever get confused about all the different names there are for short-term loans?
No problems... we explain them all here, in clear and easy terms.
To apply for a Personal Loan, you'll need to be an Australian resident.
We can help but there are some rules we have to follow. Your debt repayments can’t be more than 20% of your Centrelink income. For example, if you receive $700 per fortnight from Centrelink, your collective repayments on all short-term cash loans cannot exceed 20% of that amount, i.e. $140 per fortnight. That includes your loans with other lenders.
Though we don’t offer instant approval, we’ll only need to see your documentation once your application is accepted. The sooner we have all the documentation we need to determine if a loan is suitable, the quicker you will have a result. Depending on who you bank with, the loan funds may be in your account within 20 minutes of approval.
Yes, you are still eligible to apply. Credit history only forms one part of the applications process and other information, such as employment and expenses, is also considered as part of the assessment.
It depends on who you bank with. Assuming we have all the supporting documentation we need to assess your loan suitability, the funds could be in your bank account within 20 minutes after receiving approval for Personal Loans, depending on your bank.
If you are currently in a part 9 Debt Agreement, we are unable to process your loan application. However, if you have previously been in a part 9 Debt Agreement which has been successfully discharged, we'll assess your application on your current situation.
Our Small Personal Loans incur a 20% Establishment Fee and a 4% monthly fee, based on the amount borrowed. For example, a small loan of $1000 over 9 months has fees and charges totalling $560 (1 x $200 + 9 x $40), resulting in a total repayment of $1560. Our Medium Personal Loans incur a $400 establishment fee and interest at an Annual Cost Rate of 48%. The maximum annual percentage rates on our loans is 217.95%. The minimum loan term is 2 months and a maximum of 12 months for small amount loans and 24 months for medium amount loans. Our loans are repayable in weekly, fortnightly or monthly instalments. Loans can be settled early with no penalty and fees will only be charged whilst there is an outstanding balance on the loan, hence early settlement will reduce the amount payable on the loan. Loans are subject to assessment criteria and suitability.