Discover Jacaranda Finance

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Quick Turnarounds & Decisions
$300 $10000
$2000
Adjust the above slider to your desired loan amount
Weekly
Fortnightly
Monthly
(you will be sent a verification code by SMS)

Loans from $2100 to $10,000 require a car, motorbike, boat or caravan to be provided as security. If you cannot provide security, please apply for $2000 or less.

Loans from $2100 to $10,000 require a car, motorbike, boat or caravan to be provided as security. If you cannot provide security, please apply for $2000 or less.

The maximum you will be charged is a flat 20% Establishment Fee and a flat 4% Monthly Fee. The maximum comparison rate on our loans between $300 and $2000 is 199.43%. 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. Click here to see a worked example.

The Interest Rate for Secured Medium Loans is 48%. Maximum Comparison Rate is 67.41% p.a. 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. Click here to see a worked example.

The Interest Rate for Secured Large Amount Loans is 21.24%. Maximum Comparison Rate is 48% p.a. 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. Click here to see a worked example.

Need a loan? No worries, you’re in the right place!

Get up to $10,000 with Jacaranda Finance when you need a loan

Need a loan?

Have you ever found yourself in the situation where you are short of funds but need to pay for something urgently? You may have thought, “I need a loan”. It’s a completely understandable situation to be in, and it happens to many of us. We get that. Life happens and we know it isn’t always possible to be prepared for the unexpected. That’s why we’re here. We’re here to help you through life’s hurdles. So if you need a loan we’ve got your back.

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Where do I apply when I need a loan?

When you need a loan the best place to look is online. Traditionally when you need a loan you go to a bank and make an application to a bank manager. Whereas, these days there are alternative lenders who offer loans online. We are an online digital lender, and if you need a loan just apply with Jacaranda Finance, and we may be able to help you out no matter what pickle you’re in.

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What are your eligibility requirements?

When you need a loan, the first thing you need to do before you apply is to check whether you meet the eligibility requirements. Our eligibility requirements are pretty simple and consist of the following:

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How do I apply when I need a loan?

When you need a loan, the best place to apply is online simply by filling out our application form. When you apply, we’ll also ask you to provide us with some supporting information to your application which includes the following:

If you are applying for one of our medium secured loans or large secured loans, you’ll also have to provide us with details about the asset you are using as security for the loan. The asset can either be a car, motorbike or caravan. To make an accurate estimation of the overall value of the car, we’ll need the following information from you:

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Do you do loans for bad credit?

Need a loan with bad credit? We may be able to help you with that. That’s because, while we do credit checks, your credit rating is not the only thing we look at when assessing your loan application. We prefer to look at your current financial situation to assess whether you’ll be able to manage the repayments. We do this by using the latest financial software which allows us to look at your financial transactions over the last 90 days. So even if you know you don’t have the best credit rating, it’s not a dead end. When you need a loan, come to us.

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Do you do loans for Centrelink customers?

If you receive Centrelink benefits and you need a loan, we’ve got your back. Because, at Jacaranda Finance, we do loans for Centrelink customers. However, we still do a financial check in order to ensure you are able to afford the loan. We will never lend a person more than they are able to afford, and that is our promise as responsible lenders, which is a duty we take very seriously.

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How much can I borrow when I need a loan?

With Jacaranda Finance, you can borrow a minimum of $300 up to a maximum of $10.000. We do two types of loans, which consist of a small unsecured personal loan plus medium and large secured personal loans.

With our small personal loans, you can borrow between $300 to $2,000 repaid over a period of 12 months.

With our medium secured personal loans, you can borrow between $2,001, up to $4,600 repaid over 13 to 24 months.

Finally, with our large secured personal loans, you can borrow between $5,000 and $10,000 repaide over 13 to 24 months.

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What do your loans cost at Jacaranda Finance?

The cost structure varies slightly between the two different types of loans we offer at Jacaranda Finance. Here is are two examples that demonstrate the costs of our loans:

Small personal loans Medium secured personal loans Large secured personal loans
They cost an establishment fee of 20% the loan amount These loans cost an establishment fee of $400 They cost an Annual Percentage Rate of 21.24%
Additional fees are 4% per month for the duration of the loan term.

Additional fees total 48% percent per annum.

The comparison rate for our medium secured personal loans is a 67.41% based on a secured loan of $2500 over 2 years.

The comparison rate for large secured personal loans is 48%
There is a direct debit dishonour fee of $35 Also a direct debit dishonour fee of $35 A $35 dishonour fee for failed payments

You can either make the repayments in regular weekly, fortnightly or monthly instalments.

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How long does it take to apply?

It could take you just minutes to fill out our easy application form online. Then, we could get back to you with an outcome of your application in just 60 minutes. However, if you apply outside of business hours or we require additional information, it will take longer. But when we are back in the office it means that your applications will be there ready and waiting for assessment

Our office hours:

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How long does it take before I receive my money?

Once we’ve approved your loan application, we will contact you, extending you an offer for a loan. As soon as you accept your loan contract we’ll transfer your funds to you! That means you should receive your funds the same very same day you apply. However, the speed at which it takes for the money to reach your account does depend on what bank you are with as some banks are more rapid than others.

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What can my loan be used to pay for?

The great thing about our Jacaranda loans is that when you need a loan there are no limits on what you use the loan for. The sky’s the limit. However, here is a list of some of the common reason why people need a loan in the first place:

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What should I watch out for when borrowing money?

When you need a loan, often it’s during the most stressful of circumstances. Therefore, it isn’t always possible for us to think things through when it comes to borrowing money. Nevertheless, getting a loan can be a great solution to cover unexpected costs. Here is a list of some of the things you should ask yourself when deciding if you need a loan:

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Why should I choose Jacaranda Finance when I need a loan?

When you need a loan, you’ll be pleased to choose Jacaranda as your loan provider based on the following features Jacaranda Finance offers:

Ultimately, when you need a loan, remember Jacaranda Finance and make us your port of call. We understand that life throws out curveballs, and we’re going to be here for you for when that happens. Our loans are online and completely hassle-free because we don’t see the point in wasting any of your valuable time. So if you need a loan today, apply with us today!

If you want to learn more about money management, head over to the MoneySmart website.

Example of how our small personal loans work

Loan amount

$300 minimum
$2,000 maximum

Costs

Up to 20% Establishment Fee + monthly fee up to 4%

Jacaranda Finance does not charge an annual interest rate on SACC loans. These small amount loans incur 'fees' instead of interest.

The maximum comparison rate on our loans between $300 and $2000 is 199.43%.

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

Terms

12
months

Example:

Loan Amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.

Loan Amount of $1,000 over 12 months repayable weekly (50 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $480 (fees based on 4% per month over 50 weeks) = $1,680 total repayable in 50 weekly installments of $33.60.

Example of how our medium secured personal loans work

Loan amount

$2,100 minimum
$4,600 maximum

Costs

Annual Percentage Rate (APR) is 48% Comparison rate is 67.41% P.A.

This comparison rate is based on a Jacaranda Secured Medium Loan for an amount of $2500 over 2 years and a $400 establishment fee. Fees and charges are payable.

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

Terms

13
months minumum
24
months maximum

Example:

Loan Amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,379.06 (reducing interest) = $4,779.06 total repayable over 18 months with weekly installments of $61.27.

Loan Amount of $4,500 over 24 months repayable weekly (104 weekly repayments). $4,500 (Principle Amount) + $400 (Establishment Fee) + $2,732.56 (reducing interest) = $7,632.56 total repayable over 24 months with weekly installments of $73.39.

For more information about the allowable fees and charges for SACCs & MACCs visit the MoneySmart website.

Example of how our large personal loans work

Loan amount

$5,000 minimum
$10,000 maximum

Costs

ANNUAL PERCENTAGE RATE (APR) IS 21.24% Comparison Rate is 48% P.A.

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

Terms

13
months minumum
24
months maximum

Example:

Loan Amount of $5,000 over 18 months repayable weekly (78 weekly repayments). $5,000 (Principle Amount) + $2,027.80 (Interest) = $7,027.80 total repayable over 18 months with weekly installments of $90.10.

Loan Amount of $10,000 over 24 months repayable weekly (104 weekly repayments). $10,000 (Principle Amount) + $5,577.12 (Interest) = $15,577.12 total repayable over 24 months with weekly installments of $149.78.

What our clients say

Get up to $10,000 with Jacaranda Finance when you need a loan Overall rating: 4.7 out of 5 based on 148 reviews.

Great easy application

★★★★★
5 5 1
Very fast easy to apply thank you so much