Easy automatic repayments!
At Jacaranda your repayments are generally smaller than the pay day loans you may have used in the past, because our repayments are spread out across a longer period.
You won’t incur a payout fee with our same day approval loans as we have fixed fees inline with the responsible lending requirements.
This gives you the flexibility to choose to pay out your loan sooner or later!
How do we process your same day approval loans?
All you need to do is submit your application online, this usually takes around 4 minutes.
Have your loan conditionally approved, our loan approval officers will decide if one of our same day approval loans are suitable for you.
You may need to supply supporting data.
We utilise the latest banking technology that will obtain 90 days of bank statements in seconds to give us an idea of whether your loan can be approved or not.
We assess your situation – As responsible lenders we want to make sure you can comfortably pay back one of our loan products.
Once this is completed and approved money can be transferred into your bank account within 60 minutes!
How do I know if this is the right product for me?
|Who is this product for?
||Those who are looking for a fast processing short same day approval loan
|To be eligible to apply for a same day approval loan?
||Must be over 18 Years of age
A permanent Australian resident
Have a regular source of income over $400/week or $800/fortnight
|What repayment terms do you offer?
||From 1-12 months. Repayment terms will vary depending on each applicant’s bank.
|Loan types available
Finally, Jacaranda finances same day approval loans are among the most competitive in the industry and we pride ourselves in offering amazing customer service as well!
So, what are you waiting for? It only takes 4minutes of your time!
Start your partnership with Jacaranda Finance NOW! and get back onto the path of financial happiness!
Example of how our small personal loans work.
- Loan Amounts: Minimum $400 to Maximum $2,000.
- Terms: Minimum 16 weeks to Maximum 50 weeks.
- Costs: Up to 20% Establishment Fee charged upfront plus a monthly fee up to 4%. Under the current legislation Jacaranda Finance Pty Ltd does not charge an annual interest rate. You may know this as Annual Percentage Rate or APR(%).
- Example: Loan Amount of $1,000 over 50 weeks repayable weekly $1,000 (Principle 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 Amounts: Minimum $2001 to Maximum $4,600.
- Terms: Minimum 13 months to Maximum 24 months.
- Costs: Annual Percentage Rate (APR) is 48%. Comparison rate is 66.0347% 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.
- Example: Loan Amount of $3,000 over 18 months repayable weekly $3,000 (Principle Amount)+ $400 (Establishment Fee) + $1378.87 (other fees) = $4,840.14 total repayable over 18 months with weekly installments of $61.27.
- For more information about the allowable fees and charges for SACCs & MACCs visit the MoneySmart website.