Fixed Personal Loans

Jacaranda offers fixed interest rate personal loans with secure, manageable repayments so you'll always know what you owe and what you can borrow.

Decorative graphic of a Coin
Unsecured Personal Loan: $5,000 - $15,000
Decorative graphic of a Coin
Secured Personal Loan: $5,000 - $25,000

Check If You Qualify

With no impact on your credit score!

Check If You Qualify 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'

Jacaranda offers fixed interest rate personal loans with secure, manageable repayments so you'll always know what you owe and what you can borrow.

Decorative graphic of a Coin
Unsecured Personal Loan: $5,000 - $15,000
Decorative graphic of a Coin
Secured Personal Loan: $5,000 - $25,000

Award-winning lender

  • product-review-2024-1
  • afrfast100
  • asbc-2021-grey-1
  • asbc-finalist-2021-grey-1
  • top20
  • ayeaward21
  • aea-enterprise-award-grey-1

What is a fixed-rate loan?

A fixed interest rate is a type of rate that stays the same for a set period of time. With personal loans, having a fixed interest rate generally means the rate will remain unchanged for the entire loan term.

A fixed-rate personal loan offers security and stability: your lender can't increase your rate as set out in your loan contract, and you only have to pay the amount of interest stated in your contract. This secures your repayment amounts for the loan period.

Our fixed loans

At Jacaranda, we offer Express Personal Loans. We also offer fixed car loans - see our car loans page for more details on that!

Express Personal Loan

We offer fixed-rate personal loans from $5,000 to $25,000 with loan terms up to 48 months, providing you with fixed repayments that make it easier to fit into your budget.

How to apply for our fixed-rate loans

At Jacaranda, we're a 100% online lender. That means there's no hefty paperwork or long lines with us: instead, we utilise state-of-the-art technology that allows you to:

  • Complete your application in just 5-12 minutes1 depending on your circumstances;
  • Receive a same-day outcome on your application2 if you apply during normal business hours; and
  • Have the funds transferred to your account in under 60-seconds3 if approved (if you have an NPP-enabled bank account).

See below for more information on how our application process works or click here if you're ready to get started!

Loan Details
Loan Amounts:

$5,000 to $25,000

Loan Terms:

24 months to 48 months

Loan Type:
Show the About Security modal

Secured and unsecured

Rate Type:

Fixed

Repayment Options:

Weekly, fortnightly or monthly

No Early Payout or Exit Fees:

Customers who pay their loan out early do not incur any additional fees or charges for doing so. Fixed fees that have already been incurred are due and payable.

THE APPLICATION PROCESS

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.

Fixed vs variable rates: Which should you choose?

Fixed rates and variable rates are the two main types of personal loan interest rates, and they both offer a distinct set of pros and cons that will vary according to each person. A fixed-rate loan, for example, might suit people who like to stick to a budget and want to make consistent repayments, but might not be the better option if interest rates are falling.

Variable rates, on the other hand, can be useful for people who are okay with taking a bit more of a risk and plan on paying off their loan in a shorter period of time.

Jacaranda currently only offers fixed-rate loans.

Fixed vs variable rate loans: pros and cons

Below is a short summary of the general pros and cons of fixed and variable interest rates:

Fixed rates

Variable rates

 

Pros

  • Protection from sudden market fluctuations
  • No impact on your repayments if interest rates rise
  • Easy to budget your repayments and set long-term financial goals.
  • Repayment flexibility (often no fees for additional repayments or paying off the loan early)
  • Easier to refinance (you can switch lenders if a better rate becomes available at no cost)
  • Decreased repayments if interest rates drop
  • More likely to have extra features

Cons

  • They can be inflexible (this could be a positive or a negative, depending on financial conditions)
  • Disadvantage when interest rates drop as you could be paying more than necessary
  • Possible penalties for additional repayments and for switching during the fixed term
  • Possibly fewer features (such as a redraw facility)
  • Higher repayments when interest rates increase
  • Cash flow uncertainty (will you be able to afford a higher interest rate?)
  • Could be more difficult to set accurate budgets for repayments and stick to them;
  • Could be more difficult to plan financially for the future.

However, as you'll see below, a fixed-rate loan with Jacaranda can offer the best of both worlds.

Why get a fixed loan with Jacaranda?

Young woman sitting on a blue couch in an empty room with her laptop

In addition to our rapid applications1, fast outcomes2 and even faster transfers3, our fixed loans offer the following advantages:

Make additional repayments at no extra cost

It's true that fixed loans often make it difficult to pay above your minimum repayments - but not Jacaranda's. With us, you can make extra repayments on top of your minimum and there are no fees for doing so. Just log in to your online account or speak to our customer service team to manage your repayments.

No charge for early payouts

Say you come into some money and want to pay out your loan entirely ahead of schedule. Some lenders would charge you a fee for doing so, but not Jacaranda.

With our fixed-rate loans, customers who pay their loan out early do not incur any additional fees or charges for doing so. As our loans are interest-bearing, the total interest paid will likely be lower by repaying your loan ahead of schedule.

Fixed fees that have already been incurred are due and payable.

Flexible repayments your way

Want to change the day of the week you make your regular loan repayments, such as your regular payday? Or do you want to make your repayments more frequently (say weekly instead of monthly) and save a bit of money doing so?

You can easily manage your personal loan repayments online 24/7, 365 days a year, thanks to our secured self-service customer portal. Repayments can be automatically deducted via direct debit, so all you need to do is make sure you have the money in your nominated bank account by the due date.

Award-winning lender with outstanding customer service

Jacaranda has been recognised by several awards and our customer service team are friendly, respectful and approachable. As a trusted lender for almost 10 years, we pride ourselves on offering some of the best customer service in Australia.

48-hour cooling-off period available

Changed your mind after receiving your funds? We offer a 48-hour cooling-off period for all loan products4. Simply call our customer service team to cancel your loan.

Young woman sitting on a blue couch in an empty room with her laptop

In addition to our rapid applications1, fast outcomes2 and even faster transfers3, our fixed loans offer the following advantages:

Personal Loans Online Up To $25,000

Money in your bank account and ready to use in 60-seconds3 once approved.

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.

woman-under-tree-1

Why you'll love dealing with Jacaranda

At Jacaranda, we know that sometimes life can throw the unexpected at you. That's why we're on a mission to assist hard-working Australians with fast, reliable and responsible access to finance for life's expenses when you get caught short. We're 100% online, Australian-owned and operated, and we make applying for finance simple and fast.

Here are some other reasons our customers love us:

  • We've been providing finance to hardworking Australians for nearly 10 years. We've already helped over 50,000 customers and we have thousands of positive reviews.
  • Get started with an application and be done in as little as 5-12 minutes1 or once you've started an application come back and pick up where you left off in your own time. The application time varies per customer and it might take you longer.
  • Our smart technology allows us to get back to you with a fast outcome. Most applicants get a same-day outcome once the application is completed2 during normal business hours.
  • If you accept our loan offer by signing your digital contract the funds are usually in your bank account and ready to use within 60-seconds3 if you have a New Payments Platform (NPP) enabled bank account. If you don't, your funds are usually available overnight.
  • Our friendly and respectful Australian-based customer service team are here to help you. Existing customers can log into the self-service customer portal, 24/7, 365 days per year.
  • Anyone unsatisfied with their loan for any reason, and who still has the funds, can return the money within a 48-hour cooling-off period and cancel their loan. Simply contact our customer service team.

Don't just take our word for it

We strive to offer superior customer service - our Australian-based teams are friendly, personable and helpful and most of the time the first person you deal with can assist with your query. We're open on Saturdays too!

Don't believe us? Check out what scores of happy previous Jacaranda customers have had to say below!

woman-under-tree-1

Rates & Fees

Interest Rate
Comparison Rate
Show the What does it mean? modal
Loan Term
Repayment Cycle
Secured or Unsecured
Show the What does it mean? modal
Establishment Fees
Show the What does it mean? modal
Monthly Fees
Show the What does it mean? modal
Risk Fee
Show the What does it mean? modal
Comparison Rate Warning*
  • Unsecured
    Personal Loan
    $5,000 - $15,000
    Interest Rate
    17.95% to 27.95%
    Comparison Rate
    Show the About Comparison Rate modal
    32.40% to 42.80%
    Loan Term
    24 - 36 months
    Repayment Cycle
    Weekly, fortnightly or monthly
    Secured or Unsecured
    Show the About Security modal
    Unsecured
    Establishment Fees
    Show the About Establishment Fees modal
    $475 to $990
    Monthly Fees
    Show the About Monthly Fees modal
    $24 p/month
    Risk Fee
    Show the About Risk Fee modal
    $140 to $995
    Comparison Rate Warning*
    Comparison Rate Warning: the comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true 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.
  • Secured
    Personal Loan
    $5,000 - $25,000
    Interest Rate
    14.95% to 27.95%
    Comparison Rate
    Show the About Comparison Rate modal
    29.30% to 42.80%
    Loan Term
    24 - 48 months
    Repayment Cycle
    Weekly, fortnightly or monthly
    Secured or Unsecured
    Show the About Security modal
    Secured
    Establishment Fees
    Show the About Establishment Fees modal
    $475 to $990
    Monthly Fees
    Show the About Monthly Fees modal
    $24 p/month
    Risk Fee
    Show the About Risk Fee modal
    $0 to $995
    Comparison Rate Warning*
    Comparison Rate Warning: the comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true 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.
This is not an offer for credit. The amount you can borrow as well as the offer you receive may vary once you complete an application and all relevant details are captured and verified. Fees, credit criteria and terms and conditions apply. Example tables and calculators are illustrative only and are not intended to be your sole source of information when making a financial decision. Consider whether to get advice from a licensed financial adviser.

Trusted by 1,000s

4.9/5
4.8/5
4.7/5
4.9/5
Show the About Reviews modal About Reviews
  • It is easy to apply online, fast, reliable and they will try to help you as much as they can. I can recommend it to - See More
    It is easy to apply online, fast, reliable and they will try to help you as much as they can. I can recommend it to my friends and relatives. Thank you very much. - See Less
  • Super easy and fast system, applying was seamless and money was instant!
    Super easy and fast system, applying was seamless and money was instant! - See Less
  • Fast, reliable service had money in acc same day
    Fast, reliable service had money in acc same day - See Less
  • Jacaranda is always helpful, wonderful customer service every time. Contact is easy and quick.
    Jacaranda is always helpful, wonderful customer service every time. Contact is easy and quick. - See Less
  • Brilliant service and quick action during application process the best there can be when it comes to quick loans.
    Brilliant service and quick action during application process the best there can be when it comes to quick loans. - See Less
  • Jacaranda finance is definitely one of the smoothest and easiest places to apply for a loan. They make the process comfortable and with no hassle. - See More
    Jacaranda finance is definitely one of the smoothest and easiest places to apply for a loan. They make the process comfortable and with no hassle. Would recommend Jacaranda to any one ! - See Less
  • So jacaranda finance.. Were great to deal with I was informed where my application was up to every step of the way. My application started - See More
    So jacaranda finance.. Were great to deal with I was informed where my application was up to every step of the way. My application started on a Saturday and rolled over to the Monday before i received payment... And I wasnt forgotten about or left wondering what was going on. Although I didn't get the amount requested they were able to help me. When others would not.. Defiantly recommenced - See Less
  • Good people to work with. Application was easy and straight forward. Could use different payment options, but still good options. Would use again.
    Good people to work with. Application was easy and straight forward. Could use different payment options, but still good options. Would use again. - See Less
  • Excellent service once again from Jacaranda. Great improvements to the application process, very easy & efficient.
    Excellent service once again from Jacaranda. Great improvements to the application process, very easy & efficient. - See Less
  • Excellent 5 STAR customer service and always available with a quick response. Very happy with advice and the fantastic service provided. Quick, hassle free and - See More
    Excellent 5 STAR customer service and always available with a quick response. Very happy with advice and the fantastic service provided. Quick, hassle free and easy. Thank you. - See Less
  • Jacaranda finance were amazing they took into account all of my circumstances when other lenders wouldnt. They were easy to contact and keep me up - See More
    Jacaranda finance were amazing they took into account all of my circumstances when other lenders wouldnt. They were easy to contact and keep me up to date at all stages of the easy process. - See Less

What can I get with a Jacaranda fixed personal loan?

Our fixed loans are flexible and can be used for a variety of different purposes. Available for some of life's biggest expenses, both expected and unexpected, here are some of the more common reasons our customers apply for a fixed-rate loan with Jacaranda:

Decorative graphic of a briefcase with medical symbol

Medical & dental expenses

A fixed dental loan can help 'fix' those teeth you've been having issues with, while our medical loans can provide the funds for any surgeries or specialist work you need.

Decorative graphic of a house

Rental bonds & moving costs

Rental bonds can cost thousands per property when moving, and that's without considering other moving costs like hiring removalists. Take the stress out of moving with a Jacaranda rental bond loan.

Decorative graphic of a car

Car repairs

Getting your car fixed is often necessary, but it can be expensive too. Our fixed-rate car repair loans can help you get back on the road in no time.

Decorative graphic of a washing machine

Buying Furniture or White Goods

If your fridge breaks down and needs replacing or you just feel like upgrading, you could get the funds to do so quickly with a fixed white goods loan.

Decorative graphic of a VetBills

Vet bills

If your latest vet bill is a bit more expensive than you'd prefer, turn to Jacaranda Finance for fast and flexible fixed-rate vet loans.

Decorative graphic of a hand holding a tool

Home repairs

Whether it's cracked tiles or a leaky roof, check out our fixed home repair loans and stop putting off any much-needed repairs.

Decorative graphic of a HomeImprovement

Home renovations

Fancy adding another bedroom to your house? How about a new kitchen or some solar panels? Our fixed home improvement loans can help fund these new projects.

Decorative graphic of a sun lounge

Travel expenses

Our fixed holiday loans can let you get out and see the world without having to worry about how you're going to pay for it.

Decorative graphic of weight being balanced

Debt consolidation

You can consolidate multiple different loan repayments into one easier-to-manage fixed-rate debt consolidation loan.

Decorative graphic of a wedding ring

Weddings

A fixed-rate wedding loan from Jacaranda can help you pay for some of those big wedding costs, like the ring, the catering, the bar tab, or even your honeymoon!

See all FAQs

Fixed Personal Loan FAQs

Still have questions about how our fixed loans work? Here are the answers to some of our most frequently asked questions.

The basic eligibility criteria you must meet before submitting an application:
  • Be at least 19 years of age.
  • Be employed on a permanent or casual basis.
  • Have a consistent income going into your own bank account for the last 90 days.
  • Be in control of your finances and be handling existing financial commitments comfortably.
  • Be an Australian citizen or permanent resident with a fixed address.
  • Have an active email address, phone number, and online banking account in your name that belongs to you.

We accept a wider range of credit history than a bank or a prime lender, but we do not recommend submitting an application if:

  • You are currently or recently bankrupt (you must be three years discharged and in control of your finances)
  • You are not comfortably repaying your existing financial obligations

You can apply for varying loan amounts with Jacaranda, depending on your needs. With our Express Personal Loan, you can borrow between $5,000 and $25,000. 

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.

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

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.

We use the information you provide in the online application form as well as information on your bank statements to make sure that you qualify for a loan product during our credit assessment. If you don't qualify, your application will be declined without a credit check being conducted.

Once we have verified that you meet our non-credit report-related criteria, we do perform a credit check as part of our credit assessment, where an inquiry will be left on your credit file.

We will never perform a credit check without your express consent, which you provide to us when you apply for a loan with Jacaranda Finance. We store your acknowledgement and consent for seven years, and it can be supplied on demand.

There are four credit reporting bodies that we may use to conduct a credit check:

  • Equifax
  • Experian
  • illion
  • Talefin

Review our Privacy Policy for more information.

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

We're here to help

Need a hand?
Our customer service team are here to help.

If you have any questions, whether you're a new customer or an existing one - our friendly customer service team will be happy to help you. Our customer service team is 100% Australian-based in Brisbane: at Jacaranda, you speak to a real human being every time.