Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months receiving a rate of 10.48% (12.56% Comparison Rate). A borrower with an excellent credit history can expect to pay a total of $12,054.24. WARNING: This comparison rate is valid 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 with the lender that finances your loan. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 12.56% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 10.48% (12.56% comparison rate) with a maximum of 24% (41.50% comparison rate). The minimum loan term is 12 months and the maximum loan term is 36 months. For more details and examples visit our rates and fees page.
How do I get approved?
Start the application processApply online, it’s simple and easy
Submit an application via our 100% online application. This could take you as little as 5 mins 1 to complete. Most applicants have an outcome from their application within 60 minutes2.
Accept your contract & we release your money instantly
Once you digitally sign your contract, we’ll release your money instantly3. Most clients have their money in their bank account and ready to use straight away (even on weekends).
Manage your account effortlessly
Through our customer portal, you can manage your loan and repayments with ease. Check balances, make extra repayments and payout your loan early at the click of a button.
Apply online, it’s simple and easy
Submit an application via our 100% online application. This could take you as little as 5 mins 1 to complete. Most applicants have an outcome from their application within 60 minutes2.
Accept your contract & we release your money instantly
Once you digitally sign your contract, we’ll release your money instantly3. Most clients have their money in their bank account and ready to use straight away (even on weekends).
Manage your account effortlessly
Through our customer portal, you can manage your loan and repayments with ease. Check balances, make extra repayments and payout your loan early at the click of a button.
Secured Loan Details
Loan Amounts | $5,000 – $15,000 |
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Loan Terms | 12 – 24 months |
Starting Interest Rate (APR) – Excellent Credit Check out our Rates & Fees page for all rate bands. |
10.48% |
Starting Comparison Rate – Excellent Credit Check out our Rates & Fees page for all rate bands. |
12.56% |
Based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $12,389.76. WARNING: This comparison rate is valid 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. |
|
Type of rate | Fixed Rate |
Repayment options | Weekly, Fortnightly, Monthly |
Monthly account keeping fee | $0 to $25 |
Early repayment fee | $0 |
Average turnaround | 60 minutes2 |
Loan Options | Unsecured & secured options |
Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $12,389.76. WARNING: This comparison rate is valid 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 with the lender that finances your loan. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 14.49% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 11.42% (14.49% comparison rate) with a maximum of 21.24% (45.56% comparison rate). The minimum loan term is 12 months and the maximum loan term is 24 months. For more details and examples visit our rates and fees page.
What is a secured loan?
A secured personal loan requires collateral. This means that you’ll need some kind of asset as security when borrowing money. If for some reason you’re unable to repay the loan, the lender can possess the asset and sell it to cover the money you owe. At Jacaranda Finance, we offer secured loans for amounts between $2,500 to $15,000. Even though securing your loan will require slightly more information, we’ll only ask for the necessities.
Secured vs. unsecured: what’s the difference?
At Jacaranda Finance, we offer both secured and unsecured loans. If it’s a small loan you’re after (between $2,500 – $5,000), we don’t need any form of collateral. Because these loans rely solely on your creditworthiness, they typically incur higher interest rates than secured loans.
If an applicant is wanting to borrow more than $2,500, we may require a form of security. This will depend on the desired amount they wish to borrow, as well as their individual financial situation. In some cases, we won’t require collateral for a medium to large-sized loan, but it’s always a good idea to understand how secured loans work in case you need to apply for one. Typically, people will apply for secured loans in order to borrow a larger amount than unsecured loans offer.
As secured loans have security, they typically incur more competitive interest rates than unsecured loans. In saying that, however, one is not necessarily better than the other. It all depends on the individual’s financial situation, so it’s a good idea to have a chat with our customer service team to discuss your options.
- $2,500 to $15,000
- 100% Online
- Flexibility With Collateral
- 60-Second3 Transfers
Get Your Cash In 60-Seconds Once Approved3
We’ve helped over 50,000 people get approved!

Am I eligible for a secured loan?
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Be at least 18 years of age
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Be an Australian citizen or permanent resident
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Have a consistent income into your bank account for the last 90-days
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Have an active email address, phone number, and online banking account, in your name, that belongs to you

What you’ll need to apply
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Basic personal information (i.e. full name, address, D.O.B)
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Online banking details
There are instances where our team may need to request further information or supporting documents from you. Don’t worry, we will let you know exactly what we need and why we need that information from you
Why choose Jacaranda for a secured loan
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Last updated: 03/05/2022