Have You Been Looking For The Right Lender To Provide A Personal Loan For Debt Consolidation? Jacaranda Could Lend A Hand…
If you’ve been on the hunt for a trusted lender who could provide a personal loan for debt consolidation, you might have just struck gold. Jacaranda is a trusted name in lending. We have helped lots of happy customers consolidate their debts making life that little bit easier. So, if you’ve been madly googling ‘debt consolidation loans Australia’, you can stop where you are. Apply with Jacaranda today and you could receive an answer within 60-minutes.You might be surprised, Jacaranda could assist you with a farm loan, or even a poor credit loan!
Why Consolidate Your Debts?
In some situations, a personal loan to consolidate your debts may be a smart idea. A loan used to consolidate a number of debts, may, in the long run, improve your credit score. Jacaranda offers personal loans that you can use for debt consolidation.
If you’ve been online looking for a lender to provide a personal loan for debt consolidation you probably already know how many of them are out there. But how can you know who is trustworthy or not? At Jacaranda, we know how tricky it can be. Online lenders seem to promise the world, and then significantly underdeliver.
At Jacaranda, we’re a lender with a difference. Our team won’t promise anything we cannot actually deliver, and we will never lend our applicants an amount of cash they can not repay. The Jacaranda lending team can’t promise approval, but we can promise honesty and a fair go. We won’t just focus on your credit score. What does that mean? Well, we could even approve you for a personal loan if your credit is subpar.
Our lending team takes a realistic look at your finances. We focus on getting you the cash you need when you need it. Forget filling out long, complicated forms – our application process is 100% online. The less fuss the better. Our team is focussed on providing the best customer service possible. That’s why we are always here to answer any questions or queries you might have – so, feel free to contact us.
What is a Personal Loan For Debt Consolidation?
To put it simply, a personal loan for debt consolidation is basically just a personal loan that could help you manage your debt. Let’s say you have four different repayments to make – a debt consolidation loan could mean these four repayments are combined into one regular payment.
Our team finds that a lot of applicants find it difficult to manage multiple payments at once. Missed payments often result in default fees. Before you know it, these can snowball and can do serious damage to both your wallet and credit score. Debt consolidation could help avoid this issue altogether.
Jacaranda understands that not many of us have the time to stand in line at the bank. That’s why we have completely revolutionised the lending process. Once you have submitted your application you could even have an answer from a member of our team within 60-minutes*.
*If you apply during normal AEST business hours.
What Type Of Personal Loan For Debt Consolidation Do We Offer?
At Jacaranda, we understand that it can be extremely difficult to get on top of debt. That’s why we offer three different types of personal loans that could assist you with debt consolidation. These are small, medium and large personal loans…
Small Personal Loans
If you’re looking for a little bit of cash to get on top of your debts then a small personal loan could be right for you. Small loans are can be taken out for between $300 and $2,000. The repayment period on a small loan is 12-months. That means your account will be directly debited on an agreed upon basis over this period.
These small loans are unsecured which means you do not need to attach any collateral to your loan application. Very handy if you don’t own a car, motorbike, caravan or boat.
Medium Personal Loans
Medium personal loans range between $2,001 and $4,600 and can be repaid over a period of 13 to 24-months. So, if you’re looking for a little extra cash to consolidate your debts, then a medium loan could be ideal for your situation. Medium loans are secured. That means you will need to attach collateral to any loan over the value of $2,000. Security can be in the form of a car, motorbike, boat or caravan.
Large Personal Loans
Large personal loans are the biggest amounts of cash Jacaranda is able to lend. These loans can be taken out for between $5,000 and $10,000 and can be repaid over a period of 13 to 36-months. Just like medium loans, large personal loans are secured. The lending team at Jacaranda will always make sure you are aware if you need to attach collateral to your loan application.
Something To Consider…
We encourage you to check out the possible costs associated with each personal loan type before submitting an application. There could be fees and charges associated with late or failed payment on your personal loan. We encourage all applicants to carefully read their loan contract before signing anything. The lending team at Jacaranda will always make sure the details of your contract are clear. It is, however, your responsibility to ensure you have read your contract and are aware of the fees and charges associated with your loan.
At Jacaranda, we believe in complete transparency as well as responsible lending. We encourage our applicants to ask as many questions as they see necessary. If you have read your contract and have any questions, get in contact with our team. We’ll walk you through the ins and outs of your loan contract, before you sign.
Who Is Eligible For A Personal Loan For Debt Consolidation?
If you’ve been googling ‘debt consolidation loans Australia’ then you might be wondering who is actually eligible to apply? Well, at Jacaranda, we like to keep the application criteria as basic as possible. So, before applying, just make sure:
- You must have an active mobile number and email address;
- Applicants must be over the age of 18;
- A regular income must have been deposited into your own personal bank account for the last three months;
- Applicants must have internet banking set up;
- You must be able to prove you are an Australian citizen or permanent resident.
If you meet these criteria then you could apply for a personal loan for debt consolidation right now! All you need to to do is scroll up and use our loan calculator to get started. You could have the cash in your account a lot sooner than you think. So, what are you waiting for? Don’t let debt hold you back.
What Documents Will I Need To Apply?
We’ve designed our online application form to be as streamlined as possible. However, if you have this info with you, you’ll breeze through it even quicker:
- Personal info (name, D.O.B etc.);
- Your internet banking details;
- All applicants will need to provide the reason you are applying for a loan;
- Your MyGov details (if you receive Centrelink benefits);
- Your employment details and employer contact info;
- All applicants must be able to prove they are Australian citizens or permanent residents.
Why Does Jacaranda Need Your Online Banking Details?
You might be wondering why we need your online banking information. At Jacaranda, we take a closer look at your financial situation. We prefer to focus on how you are going to pay back the loan – rather than dwelling on the past.
As we don’t focus solely on your credit score, our team accesses read-only copies of your bank statements to get a better understanding of your spending habits and regular transactions. We can’t promise we won’t run a credit check, however, we can promise that won’t be the only thing our lending team takes into consideration. When you apply for a personal loan with Jacaranda you can be guaranteed a fair go.
Why Do We Need Your Employment Information?
As previously mentioned, our team takes a look at the whole picture. We use employment checks as a way of confirming a regular income. As we don’t like to base our assessment completely off your credit score, an employment check could actually help your application. There is no need to stress, our team is experienced in conducting these types of checks.
We will never disclose any of your private information to your employer, including the reason why you are applying for a loan. However, if you do have any questions, we encourage you to get in contact!
Personal Loan Interest Rates For Debt Consolidation
Wondering what your personal loan interest rate for debt consolidation could be? Scroll up to the top of the page and use our loan calculator to find out what the repayments could be on your desired loan amount.
At Jacaranda, we can not provide interest-free loans, however, we can guarantee you a fair rate on a personal loan. So, if you’ve been googling ‘personal loan interest rate for debt consolidation’ we encourage you to submit an application and let our team find you a loan product to suit your circumstances.
How Can I Apply?
The application is the easiest part. So, here’s how to get started…
Scroll up and use the loan calculator to select a loan amount and repayment period of your choice. You will then be shown what the weekly, fortnightly and monthly repayments could be on this loan amount. When you are happy, select ‘apply now’.
‘Apply Now’ will direct you straight to our 100% online application form. Once you’ve submitted the form, our team will start the assessment process. We could even have an answer for you within 60-minutes. If you apply outside normal business hours, we’ll get to it first thing in the morning. Talk about speedy service?!
If you’re successful, a member of our team will get back to you with an agreement. Once you have read and signed the contract we will get the funds straight to your account. You could even have the cash on the same day*!
*This will depend on your individual banking circumstances.
Give Us A Go…
So, what’s stopping you? It’s free to apply and you could do it all from the comfort of your own home! So, no long waiting lines at the bank and no unnecessary paperwork. Just speedy, easy and 100% online personal loans that could help consolidate your debts today!
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