Instant Cash Loans In Australia With No Credit Check

  • Approvals based on more than a credit score
  • Full financial history considered
  • Build your credit as you go

Please note: Jacaranda Finance does not provide instant loans, nor do we provide loans without credit checks. Each application is subject to assessment.

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You can now check your eligibility,
with no impact on your Credit Score!
*Subject to lending criteria, T's and C's'
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4.9/5
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4.9/5
Google Rating
2,660+ Reviews
4.8/5
Word of Mouth
880+ Reviews
4.7/5
Product Review
1,790+ Reviews
4.8/5
Trustpilot
880+ Reviews

Sometimes we offer customers incentives encouraging an honest review of our services, be it negative or positive based on their unique experience. It is possible that some reviews were written by customers who received a reward regardless of their review being positive or negative. Last updated: 22/11/23

What is an instant cash loan with no credit check?

An instant loan with no credit check is a loan where a credit check is not required and the loan approval is instant. Though Jacaranda cannot offer instant loans without a credit check, we do approve applicants across a broad range of credit scores and have fast outcomes and fund transfers.

Is there such a thing as a no credit check loan?

We cannot provide instant loans without performing a credit check. As a responsible lender, we do not offer "no credit check loans", as we conduct a credit check as a part of our assessment process.

Jacaranda offers an alternative to no credit check loans if you're worried that your credit score isn't perfect. We help customers across a wider range of credit scores than a typical bank or "prime" lender, and we consider a range of factors when assessing your application for credit. We don't only look at your credit score.

We do not recommend you apply 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

Jacaranda 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.

As a rule of thumb, there are four reporting bodies that we may use to conduct a credit search:

4.9/5
Google Rating
2,660+ Reviews
4.8/5
Word of Mouth
880+ Reviews
4.7/5
Product Review
1,790+ Reviews
4.8/5
Trustpilot
880+ Reviews

Sometimes we offer customers incentives encouraging an honest review of our services, be it negative or positive based on their unique experience. It is possible that some reviews were written by customers who received a reward regardless of their review being positive or negative. Last updated: 22/11/23

Personal Loan Details

Loan Amount From $2,100 - $25,000
Loan Terms 9 - 48 months
Type of Rate Fixed
Repayment Type Weekly, fortnightly or monthly
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How fast can we approve your loan application?

At Jacaranda, we understand that when you want a personal loan, you don't have time to waste. You're probably very busy, and spending days waiting on your application is the last thing you need. This is why our award-winning, 100% online personal and car loans are as close to instant as you can get while still maintaining a thorough and responsible loan assessment process.

Getting started with an application and be done in as little as 5-12 minutes1: alternatively, once you've started an application you can come back and pick up where you left off in your own time.

Thanks to our smart technology, most applicants get a same-day outcome once the application is completed2. If you qualify for finance and pass our assessment, we will send you a loan offer to consider.

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.

Is there such a thing as an instant loan?

We do not offer instant loans, but we do offer a very fast turnaround once you've completed an application. Make sure you qualify before applying.

While we cannot provide an instant outcome on a loan, we pride ourselves on coming as close to instant loan delivery as we can. In line with our responsible lending obligations, we must conduct an unsuitability assessment to ensure you can manage your loan repayments if you are approved for a loan.

How to apply for a Jacaranda Loan

Applying for a loan with Jacaranda Finance is both simple and fast thanks to our 100% online technology. See below for how our application process works, or click here to get started, it's easy.

You can also download our FastMoney app to apply for and manage your loans with ease.

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THE LOAN PROCESS

How does the application process work?

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1. Submit your application

This is done 100% online and it’s fast and simple. If you’re fast with your fingers it could take as little as 5-12 minutes1 to complete, but it could take longer depending on a number of factors such as how fast you are at typing or if you have all the required information on hand.

Alternatively, if you like to take things slow, fill in the application at your own pace from anywhere in Australia on any device as long as you have the internet.

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2. We’ll do a credit assessment

For most customers, we verify the information you provide us and get back to you with an outcome on your application on the same day2 during normal business hours. If you pass the credit assessment and we can assist you, we’ll send a loan offer for you to review.

We do not guarantee same-day outcomes for all customers: customers that apply outside of business hours or customers that are required to provide additional information may experience a longer timeframe.

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3. Review your loan offer

Once you have been approved and have accepted our offer by signing your digital contract, we automatically attempt to release the money to your bank account. Most customers have a New Payments Platform (NPP) bank account and receive the money in their bank account within 60 seconds.3

You must have an NPP-enabled bank account. For customers without an NPP-enabled bank account (or the instant payment fails), the money will be available overnight on weekdays and overnight the following business day if approved on a weekend or public holiday.

Download the FastMoney App now!

What is a 'good' credit score?

There are several main credit reporting agencies in Australia, primarily EquifaxExperian, and illion.  Your credit score may vary between each of these bureaus as they have different credit rating scales. Below, we've provided a breakdown of what your credit score means for both Equifax and Experian.

Credit Band

Experian

Equifax

Excellent

800-1,000

833-1,200

Very Good

700-799

726-832

Good

625-699

622-725

Average

550-624

510-621

Below Average

0-549

0-509

Generally speaking, your credit score will be calculated based on the following factors:

  • Your repayment history: According to Experian, as much as 35% of your credit score is comprised of your repayment history, both good and bad
  • The type of lender you've applied with: some types of lenders - like payday lenders or wage advances - can be deemed riskier than traditional banks, so this can impact your score as well
  • Your number of recent credit applications: Applying for multiple credit and loan products in a short space of time can impact your credit rating
  • The amount of money you've borrowed
  • Any defaults, bankruptcies and court judgements
  • Regularly applying for balance transfers

And more.

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Who is eligible to apply with Jacaranda?

Although we cannot provide 'no credit check loans,' we could provide you with a loan despite having a less-than-perfect credit score.

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
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What can I use a Jacaranda personal loan for?

With fixed repayments and both secured and unsecured loan options, our customers can take out a Jacaranda Finance loan for some of the following common reasons. We also offer car loans if you're looking for a new set of wheels!

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Buying furniture or white goods

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Medical expenses

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Travel & holiday costs

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Home renovations and improvements

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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.
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See all FAQs

Personal Loan FAQs

Want to learn more about our loans and how they work? Find out all the answers to our most common questions here.

Jacaranda offers three loan products with varying loan amounts that you could borrow:

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 loan products, visit our rates and fees page.

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 and the loan product, loan amount and loan term you qualify for.

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.

Repayments on your loan are automatically set up to be deducted via direct debit from your bank account in line with your pay cycle.

Provided you are meeting your minimum contractual repayments, you can change the date of your direct debit payments, make extra repayments, change your bank account details and more from either the FastMoney app or online portal.

Download the app on the Google or Apple store today.

Read more: Personal Loan Repayments 101.

Anyone unsatisfied with their loan for any reason can return the principal funds, including any payments made to third parties on your behalf, within a 48-hour cooling-off period and cancel their loan4.

If you purchased a vehicle or other item with your loan, Jacaranda does not require the seller to cancel the sale or release the funds back to you. Returning your purchase to the dealer, to the seller or to Jacaranda Finance doesn't qualify as a loan cancellation. The loan is only cancelled once the funds have been received and have cleared within the Jacaranda Finance bank account.

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Office hours

Monday - Thursday:

8.00am - 5.00pm

Friday:

8.00am - 4.00pm

Saturday:

8.00am - 12.00pm

Sunday:

Office Closed

Your details

Office hours

Monday - Thursday:

8.00am - 5.00pm

Friday:

8.00am - 4.00pm

Saturday:

8.00am - 12.00pm

Sunday:

Office Closed