Discover Jacaranda Finance

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CASH TO YOUR BANK

We give you the outcome of your application the same day
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FAST ASSESSMENTS

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.

Used car loans to get you back on the road. Get ready to get your wheels in motion again!

Let Us Drive Your Used Car Loans!

In our fast-paced world, there is a certain demand for a car to get you where you need to go without the hassle of public transport. Cars may be a necessity; however, they can also drain your pockets. Used car loans could be your perfect match. With our simple and fast application process, we could have you on the road in no time at all.

It can be tricky to find the right used car loans. There are so many options and vendors and navigating fine print and complicated deals can be time-consuming.

Jacaranda Finance is an Australian online loan company based in Brisban. We offer fast, no fuss finance for individuals in need. We are 100% online, so could even apply from the comfort of your living room.

how it works question

What are used car loans?

Jacaranda Finance is offering used car loans for customers that are 100% online with fast approval.

When we say fast approval, we mean it! Our application could take you just minutes to fill out and you could have an outcome in as quick as 60 minutes (if you apply in normal business hours). However, this is not a guarantee. Nevertheless, we are very quick!

Used car loans with Jacaranda Finance are offered from $300 all the way up to $10,000 over a 12 to 24-month term.

how it works question

How quickly could I receive my used car loans?

We are a 100% online company. Therefore, you won’t have to waste time making appointments with bank managers or waiting in queues.

If your application is submitted during business hours you could have an outcome within 60 minutes! However, if we require any additional information, it can take a little longer to hear from us. Just be sure to keep an eye on your phone and email.

If you are approved, we’ll send you your loan contract to read through carefully, sign and send back. Once we receive your signed contract, we’ll transfer you the cash. The amount of time it takes for the funds to reflect in your personal bank account will depend on the policies of the bank you are with.

how it works question

How do Jacaranda Finance’s used car loans work?

Applying for our used car loans is easy and stress-free. Our used car loans require no paperwork and are basically self-service, which means no more time-consuming trips to the bank!

There are a few simple steps to follow to help you complete our used car loan application:

Step one

Complete our used car loan application in just minutes! Our used car loan repayment calculator is the perfect tool to help design your very own used car loan.

Our payment calculator is located at the top of each Jacaranda Finance website page. Simply, select your loan amount and loan term you desire and click ‘Apply Now.’ From there, you’ll be taken to our used car loan application, it’s that simple!

Step two

We will assess your application based on the details of your financial history and your present finances. Following our responsible lending practices, we will look at a read-only copy of your bank statements to verify your income and spending habits to see if used car loans are right for you.

Step three

To relieve the stress of red tape, we utilise the latest in safe banking technology to obtain a read-only copy of your bank statements. All you need to do is sit back and resume your latest Netflix binge while we get work assessing your application!

Step four

When your used car loan application is being assessed, it’s important to remember we operate under the ethics of responsible lending. We would never lend money to clients who could not afford the repayments.

Step five

Once we have assessed your application we will get in touch with you with an outcome. Assessing times may vary depending on the information that is supplied and how long it takes to verify it.

We aim to assess your used car loan with haste to get you moving as quickly as possible! We try to deliver a Yes or No answer within 60 minutes to prevent you waiting for days, wondering if your used car loan has been approved. However, this is subject to the information you provide in your application. Even still, there is no denying that we offer some of the fastest used car loans in Australia.

how it works question

How much will my loan cost?

We hear this question a lot, so we have provided the right tools for you to figure out the right loan amount and loan terms. We are straight up about our costs; no fine print or hidden fees!

To figure out your used car loan costs, check out our handy used car loan repayment calculator.

The used car loan calculator can help you decide how much you can afford to repay and how long it will take you to pay back. We care about your privacy and security so, once you apply for a loan via the repayment calculator, you will be sent a verification code by SMS.

We offer used car loans as:

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

Let Us Drive Your Used Car Loans! 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