Fast and simple loan to make rental bonds and moving expenses simple.
*Subject to lending criteria, T's and C's'
*Subject to lending criteria, T's and C's'
When your car breaks down or is damaged in an accident, getting it fixed can be very expensive. Depending on the extent of the repairs, you could be looking at a bill of thousands of dollars.
While your car might be looking good after repairs, your bank account might not be. That's where our personal loans come in.
We Make Applying Easy
We know how important it is to receive your funds in a timely manner. As a hard-working Australian, you don’t have time to waste on needless paperwork.
That’s why our loan application process has been perfected over time to be as simple and quick as possible.
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.
At Jacaranda Finance, we offer car repair loans for some of the most common issues you might face with your car.
Here are just some of the top reasons our customers have taken out a car repair loan:
Please note that the cost of your repairs must at least be equal to our minimum loan amount to approve you for a car repair loan.
Am I eligible for a Loan with Jacaranda Finance?Â
You must meet the following basic eligibility criteria before submitting an application:
Yes, you can use a Jacaranda Finance personal loan to cover the costs of car repairs including mechanical work, new parts, servicing or emergency repairs. Once you are approved, you’ll receive your funds in 60 seconds3. You then control how this money is used.
A car repair loan refers to a personal loan that can be used for car repairs – subject to approval and lending criteria. By submitting a full application for a car repair loan, you are authorising a hard credit check. This means that other lenders will be able to see that you applied for a loan and could impact your credit score. Before you submit a full application with Jacaranda Finance, you can check if you qualify with no impact on your credit score*. This is called a soft credit check, and is only visible on your credit report to you
How to check if you qualify for a personal loan?
If you’re considering applying for a loan with Jacaranda Finance, you can check if you qualify with no impact on your credit score*.
We understand that life moves fast. That’s why we do too. Apply before 3:00pm from Monday to Friday and Jacaranda Finance will give you a same day outcome2 on your loan application. If approved, your funds will be transferred in 60 seconds3. This means you could apply, have your application assessed and receive your funds all within the same day.
Applying over the weekend? If you submit your application on Saturday morning, you may receive a same-day outcome. Applications received later in the weekend are typically assessed first thing on Monday morning.
To be assessed for a loan from Jacaranda Finance, you must meet the following basic eligibility criteria:
If you are unsure whether you’re eligible, you can check if you qualify with no impact on your credit score*.
We offer two main products at Jacaranda Finance:
For detailed information about who our products are designed for, please review our Target Market Determinations. Our Loan Repayment Calculator and our guide to Jacaranda Finance’s interest rates & fees could help you to predict your repayments before applying.
Using our loan repayment calculator you can estimate your repayments before applying.
Missed Payment Fees
For every missed payment, a fee will be applied. This cost is added to the account balance and can be paid with the next repayment cycle. If you’re concerned you’ll miss a repayment before the next due date, please contact our customer support team as soon as possible.
You can pay your loan back at any time at no extra cost. That means no early exit or payout fees.
Once you’ve been approved and have accepted your loan contract, we’ll automatically attempt to release the money to your account. Most customers get paid in 60 seconds3.