At Jacaranda Finance, we're all about making your life easier and don’t want to waste your time if you're looking for a loan. We think it's fair to give you the ability to check if you qualify for one of our products without impacting your credit history.
With no impact on your credit score!
*Subject to lending criteria, T's and C's'
*Subject to lending criteria, T's and C's'
Generally speaking, in Australia, applying for a loan often impacts your credit score by a small amount.
When you apply, a lender or credit provider will almost certainly conduct a hard credit check automatically as part of the application process. This will result in a credit inquiry appearing on your credit report.
Each lender has its own eligibility requirements, which can be a real pain if all you're trying to do is find out if you can get the loan in the first place.
Making multiple loan applications can lower your credit score. We want to help you avoid that.
QualifyCheck is one of our key application features and is a part of our application process when you get started.
When you're considering applying with Jacaranda, you can check if you qualify for one of our loans 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 qualify for a loan, you’ll have the option to move forward with a full application. 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.
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!
Check your credit score for free with Jacaranda. Monitor your score every month and know where you stand to unlock new financial opportunities in the future.'
Download the Better Credit app using the links below and follow the prompts to check your credit score today.
It’s important to be confident you can meet potential loan repayments before moving ahead with an application. Use our easy three-step loan repayment calculator to estimate your repayments before you apply.
Ready to Apply? You can get started now.
Ready to Apply? You can get started now.
Want a hand boosting your credit score?
As a registered Comprehensive Credit Reporting (CCR) participant, making all of your loan repayments to us on time could steadily improve your credit score and positively impact your ability to get credit in the future.
Register with us to receive your free credit score and unlock access to our comprehensive online course that will guide you through the essentials of credit scores. Start your journey to better credit today with Finance Fundamentals!
Read some of our most frequently asked questions below to learn more about Jacaranda and our products.
You can apply for varying loan amounts with Jacaranda, depending on your needs. With our Express Personal Loan, you can borrow between $3,000 and $25,000.Â
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 loans, visit our rates and fees page.
The basic eligibility criteria you must meet before submitting an application:
We accept a wider range of credit history than a bank or a prime lender, but we do not recommend submitting an application if:
The interest rate, fees and charges applied to your loan will depend on your individual circumstances and the information verified during the loan assessment. It will also depend on our assessment criteria, loan amount, and loan term for which you qualify.
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.
Yes, you can cancel your loan application at any point. Simply contact our application concierge team, and they will be able to assist you. Alternatively, reply to any SMS or email we have sent you to withdraw your application.
If you've already received your funds, 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
Yes, you can check your credit score for free with the Better Credit app. The app allows you to sign up and check your score in just a few minutes, whether you're a customer of Jacaranda Finance or not. It's designed to be an easy and secure way to monitor your financial health.
If you prefer, you can also log in to your online customer portal and check your credit score there.
Nothing! Checking your credit score with us is entirely free!
Checking your credit score with us will not affect it in any way. We use a 'file access' to retrieve your credit information from Equifax, which is different from a 'full credit enquiry' and will not appear on your credit report.
