*Subject to lending criteria, T's and C's'
*Subject to lending criteria, T's and C's'
Every year, the banks fail millions of Aussies who need to borrow money. This is often purely because they don't have a high credit score, even if they've been good with money lately.
We think that's unfair, as your credit score doesn't define you. So, when that happens to you, come and talk to us.
We're an Australian-owned, operated, fully online digital lender providing fast and flexible loans.
Click here to learn more about what makes Jacaranda great!
Our loans are designed to be fast, fair, and, above all, affordable, with no hidden fees. See the table below for a quick guide to our charges, or visit our fees page to learn more. For detailed information about who our products are designed for, please review our Target Market Determinations.
Before you apply for a loan, we think it's important to review your budget and be certain that you can comfortably repay it.
Once you know what you can afford in your budget, use our three-step loan repayment calculator to estimate your repayments before you apply.
Ready to Apply? You can get started now.Understanding how each of the key loan terms, rates, and fees work and what they are can go a long way in helping you make an informed choice.
Click below to see a breakdown of the costs associated with each of our loans.
You can also read our article, a comprehensive guide to personal loan fees, to learn more about these common loan costs.
The interest rate associated with your loan will vary based on several factors, such as your financial position, the loan product you choose, and more.
The comparison rate includes the interest rate, fees, and charges relating to a loan and depends on your financial position, how much you borrow and the term of your loan.
The comparison rate allows you to easily compare different loan offers from various lenders to determine which option could be the most cost-effective.
See our article on interest rates vs comparison rates to learn more about the differences between the two.
The establishment fee is charged for assessing, documenting and processing your loan. This fee is usually retained by the lender at the start of the loan.
The monthly service fee is the cost charged for the loan administration. With Jacaranda Finance, the monthly fee is flat and will be debited monthly in advance on the first day of the loan term and each month after that.
You can choose to make extra payments into your loan, either as a regular payment or a one-off lump sum. This can often reduce your overall loan balance. To make extra repayments on your Jacaranda loan, log into the Better Credit mobile app or customer portal and choose from a range of options such as debit card payment, bank transfer or direct debit.
Jacaranda Finance does not charge any fees for making extra repayments to your loan or paying it off early. If you want to pay a little more into what you owe and get ahead of your loan balance, it's free to do so with us!
The risk fee is a one-off, non-refundable fee that covers the level of risk associated with advancing a loan. We retain this fee at the start of the loan (if you are charged one).
A missed payment fee is associated with each missed payment. This fee is added to the account due to the additional administration required. The missed payment fee is due and payable within the next repayment cycle.
If you're concerned you'll miss a repayment before the next due date, please contact our customer service team as soon as possible. We will help you with a number of options to keep your loan on track, which can help avoid additional fees and charges.
If you're ready to apply, our loan application process has been perfected over time to be as simple and quick as possible. You can:
Check if you qualify for one of our Personal Loans today!
Here are the answers to some of our most frequently asked questions regarding our loans.
For detailed information about who our products are designed for, please review our Target Market Determinations.
Use our loan repayment estimate calculator to get a guide on what your repayments could be. To get an idea of what rates, fees and charges are associated with our loan products, visit our rates and fees page.If you are unsure whether you're eligible, you can check if you qualify initially. This will not impact your credit score.
We accept a wider range of credit history than a bank or a prime lender, but we do not recommend submitting an application if:
You can view your repayments from either the Better Credit app or online portal and contact our friendly customer service team to request any changes that you need.
Download the app on the Google or Apple store today.
Read more: Personal Loan Repayments 101.We only accept loan applications online via our online application form on our website or the Better Credit app. We're 100% online, so there are no other ways to submit an application.
If you're considering applying for a loan with Jacaranda, you can first check if you qualify in a way that does not affect your credit score.
$3,000 - $25,000
