From car and home repairs to holidays and home improvements, Jacaranda Finance has your back for some of life's biggest expenses.
If you're looking for finance in Melbourne, we offer quick and easy online Cash Loans from $3,000 up to $25,000, with fixed loan terms as long as 36 months.
*Subject to lending criteria, T's and C's'
*Subject to lending criteria, T's and C's'
Life in Melbourne moves fast, and if you're not careful, you can lose track of your finances quickly. Even if you are careful, unexpected expenses can arise that can end up leaving a serious dent in your bank account. That's where we come in.
To help you keep up with the cost of living in Melbourne, our express Cash Loans can offer fast approval times, manageable repayments and flexible terms to suit your needs. Thanks to our state-of-the-art online technology, you can:
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!
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.
Melbourne is one of Australia's most expensive cities. Whether you're a local or just visiting, there are times when you could use some extra cash up your sleeve.
Jacaranda's Personal Loans can help you cover a wide range of expenses for your financial situation - both the expected and unexpected. With fixed repayments and both secured and unsecured loan options, here's what you can use our Cash Loans for in Melbourne, and across most of Australia:
| Annual Income | |
|---|---|
| $126,197 | $92,029.60 |
| Average of Melbourne | Average of Australia |
| Monthly Cost of Living (incl rent) | |
|---|---|
| $3,262.71 | $8,639.68 |
| Average cost of living for a single person in Melbourne | Average cost of living for a family of four in Melbourne |
| $3,251.12 | $8,163.10 |
| Average cost of living for a single person in Australia | Average cost of living for a family of four in Australia |
No matter where you are in Australia, you can apply for a loan with Jacaranda entirely online!
Still have questions about how our loans work? Here are the answers to some of our most frequently asked questions.
Our loan application process has been designed to be as simple and quick as possible, as we know how important it is to receive your funds in a timely manner. How quickly you can apply for a personal loan and receive your funds will depend on your situation.
Applying for a loan with Jacaranda Finance takes most people 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.
After applying, most customers get an outcome on their loan application on the same day during normal business hours once we have received all of the supporting information we require. We do not guarantee same-day outcomes for all customers.2
Once an applicant has been approved and they have signed a contract, we automatically attempt to release the money to the applicant's bank account. Most customers have a New Payments Platform (NPP) bank account and receive the money in their bank account within 60 seconds. For other customers, the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.3
Before you formally apply with Jacaranda, you can check if you qualify for a loan in a way that does not impact your credit score. We do this by performing a 'soft' credit check that is only visible to you.
If you don't meet our initial criteria, your credit score won't be affected.
Once you've checked your eligibility and we've let you know that you do qualify for a loan, you have the option to move forward with a full application.
We will perform a credit assessment during this process, which involves checking your credit report. By submitting a full application, you authorise Jacaranda Finance to obtain a copy of your full credit file, referred to as a 'hard' credit check.
Other lenders will be able to see that you applied for a loan with Jacaranda.
This might impact your credit score.
Review our Privacy Policy for more information.
Anyone unsatisfied with their loan for any reason can return the principal funds, including any payments made to third parties on your behalf, within a 48-hour cooling-off period and cancel their loan4.
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, to the seller or to 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.
Simply call our customer service team to cancel your loan and organise the return of any money paid (including to other parties).
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:
$3,000 - $25,000
