Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months receiving a rate of 10.48% (12.56% Comparison Rate). A borrower with an excellent credit history can expect to pay a total of $12,054.24. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 12.56% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 10.48% (12.56% comparison rate) with a maximum of 24% (41.50% comparison rate). The minimum loan term is 12 months and the maximum loan term is 36 months. For more details and examples visit our rates and fees page.

Jacaranda Finance Vs. Wallet Wizard

Calculations made via MoneySmart’s personal loan calculator, with interest rates accurate as at DATE. Assumes a $5,000 loan amount for a term of two years (24 months), and does not take into account establishment or account fees. Repayments are monthly with interest calculated daily. *Comparison rates based on a loan of $10,000 for a three-year loan term. Comparison rates may not be a true representation of the loan and can change depending on terms, fees or other loan amounts.

Who is Wallet Wizard?

Wallet Wizard is an online lender that offers personal loans and lines of credit from $500 to $5,000 for Australian consumers. Wallet Wizard’s online application allows people to apply for and redraw from their credit balance.

Comparison Table * Jacaranda Logo Wallet Wizard
Comparison Table*
Jacaranda Logo vs
Wallet Wizard
Can you borrow more than $5,000?
Jacaranda green-tick
Wallet Wizard red-cross
Can you borrow more than $5,000? green-tick red-cross
Instant bank transfers
Jacaranda green-tick
Wallet Wizard red-cross
Instant bank transfers green-tick red-cross
Approval in under 60-minutes2
Jacaranda green-tick
Wallet Wizard red-cross
Approval in under 60-minutes2 green-tick red-cross
Can I get loan funds in my bank account all weekend?
Jacaranda green-tick
Wallet Wizard red-cross
Can I get loan funds in my bank account all weekend? green-tick red-cross
Customer support team
Jacaranda green-tick
Wallet Wizard green-tick
Customer support team green-tick green-tick
Transparent fees
Jacaranda green-tick
Wallet Wizard green-tick
Transparent fees green-tick green-tick
Google Reviews
Jacaranda five-stars
Wallet Wizard red-cross
Google Reviews five-stars red-cross

* This comparison table has been created based on information provided on the entities website. This is subject to change and is updated on a month to month basis. We endeavour to keep this as up to date as possible.

Who is Jacaranda Finance?

Jacaranda Finance is an award-winning personal lender headquartered in Brisbane and has been operating Australia-wide since 2013. We specialise in express personal finance, exceptional customer service and trustworthy loan products.

Our in-house bank statement technology allows us to offer customers unparalleled speed, and our experienced loan specialists are known for creating a trustworthy banking experience, from start to finish. Streamlining the customer experience, we offer an 8-minute1 application process, with a 3-minute process for returning customers – both of which are 100% online.

With competitively priced personal loans ranging from $2,500 to $15,000 and interest rates starting from 10.48% p.a (comparison rate 12.56% p.a*), Jacaranda offers 60-minute2 approval and 60-second3 deposits for customers nationwide.

Our repayment terms range from 9 – 24 months, and we don’t charge customers penalties for extra or early repayments. We also offer car loans for up to $25,000 and a maximum loan term of 36 months.

Loan Details

Loan Amounts $5,000 – $15,000
Loan Terms 12 – 24 months
Starting Interest Rate (APR) – Excellent Credit
Check out our Rates & Fees page for all rate bands.
10.48%
Starting Comparison Rate – Excellent Credit
Check out our Rates & Fees page for all rate bands.
12.56%

Based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $12,389.76. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Type of rate Fixed Rate
Repayment options Weekly, Fortnightly, Monthly
Monthly account keeping fee $0 to $25
Early repayment fee $0
Average turnaround 60 minutes2
Loan Options Unsecured & secured options

Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $12,389.76. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 14.49% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 11.42% (14.49% comparison rate) with a maximum of 21.24% (45.56% comparison rate). The minimum loan term is 12 months and the maximum loan term is 24 months. For more details and examples visit our rates and fees page.