1. Estimate your repayments online
Before you apply for a loan, we think it's important that you review your budget and be certain that you can comfortably repay a loan.
Use our three-step loan repayment calculator to estimate your repayments before you apply.
Learn more about how our calculator works here.
2. Check if you qualify - without affecting your credit score
Want to see if you're actually eligible for one of our loans before actually submitting an application? Thanks to our 'QualifyCheck' feature, you can check if you qualify for any Jacaranda loan without affecting your credit score.
When you check if you qualify, we can access your credit file in a way that does not impact your credit score and that is not disclosed to anyone other than yourself. If you have alerts set up on your credit file, you will get a notification. This is called 'file access', and is different to a 'full credit enquiry'.
If you don't qualify, your application will be declined without a hard credit check being conducted.
3. Apply online or via our FastMoney app
As an exclusively online lender, we only accept loan applications via our FastMoney mobile app or our online application form. We do not accept applications over the phone or in person.
Click the links above to download our app from either the App Store or Google Play. You can also learn more about how the FastMoney app works here.
Alternatively, click 'Get Started' to begin your application on our website.
4. Get started in minutes1
An initial application with Jacaranda can be completed in as little as 5-12 minutes1. More broadly, applying for a loan with Jacaranda Finance takes most people between 5-12 minutes1, but it could take longer depending on a number of factors such as, but not limited to, how fast you are at typing or if you have all the required information on hand.
Alternatively, if you like to take things slow, fill in the application at your own pace from anywhere in Australia on any device as long as you have the internet.
5. Get a fast outcome on the same day2
For most customers, we verify the information you provide us and get back to you with an outcome on your application on the same day2 you apply during normal business hours, provided you apply before 3 pm AEST.
If you pass the credit assessment and we can assist you, we'll send a loan offer for you to review.
We do not guarantee same-day outcomes for all customers. Customers that apply outside of business hours, customers that apply after 3 pm during normal business hours or customers that are required to provide additional information may experience a longer timeframe.
6. Funds transferred in 60-seconds3
Once you've been approved and have accepted our offer by signing your digital contract, we automatically attempt to release the money to your bank account. Most customers have a New Payments Platform (NPP) bank account and receive the money within 60 seconds.3
You must have an NPP-enabled bank account. For customers without an NPP-enabled bank account (or the instant payment fails), the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.
See also: Weekend Loans.
7. Changed your mind?4
We offer a 48-hour cooling-off period for all loan products. Anyone unsatisfied with their loan for any reason can return the total principal funds, including any payments made to third parties on your behalf, within a 48-hour cooling-off period and cancel their loan.4
If you purchased a vehicle or other item with your loan, Jacaranda does not require the seller to cancel the sale or release the funds back to you. Returning your purchase to the dealer, the seller or Jacaranda Finance doesn't qualify as a loan cancellation. The loan is only cancelled once the funds have been received and have cleared within the Jacaranda Finance bank account.
At Jacaranda, we're an innovative, 100% online lender specialising in providing fast, flexible finance for everyday Australians. We know you don't have time to waste on lengthy applications.