At Jacaranda, we understand that if you need quick cash, there’s no time to waste. If you submit your application during our business hours, we could have an outcome for you in just 60-minutes*! Keep in mind that it can take a little longer if we require any further information from you. We also provide instant transfers on approval, meaning you could receive your cash in 60-seconds**.

After you submit your application with us, our AI loan processing engine will extract read-only copies of your bank statements. Our underwriting team will then conduct a credit check and verify your current financial situation. After this is completed, we can decide whether or not to approve your loan.

Yes, you can! We treat your credit history as exactly that — history. We will look at other factors such as your bank statements when deciding whether a personal loan is right for you. This will give us an indication of your spending habits and overall relationship with money when assessing your application. So, if you have bad credit, you can still apply for a cash loan with us.

Yes, we conduct a credit check when assessing your application. This is part of our commitment to responsible lending. However, there is no need to worry if you don’t have a great credit score as we’re an inclusive lender. Your credit score is not the only factor we look at to assess whether a personal loan is suitable for you.

We don’t offer ‘instant loans’ as we do not guarantee an instant outcome or approval. However, if apply during business hours, we can deliver you a quick outcome in 60-minutes*. If you’re approved and have an NPP-enabled bank account, you can receive your cash in just 60-seconds**!

The fees and charges on your loan will depend on the amount borrowed and your credit history. Before entering into a loan agreement, you can obtain a credit guide that will outline all fees and charges applicable to your personal loan. Fees may include establishment fees, interest fees, monthly fees, or any late/default fees that may be applicable.