Discover Jacaranda Finance

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FAST ASSESSMENTS

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$300 $10000
$2000
Adjust the above slider to your desired loan amount
Weekly
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(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.

Personal loan needed in your pocket? Look no further than Jacaranda Finance.

Personal Loans With No Hidden Fees. Borrow Up To $10,000! Apply Now!

If you need a little cash boost to meet a sudden and unforeseen bill or expense, a personal loan could be just the ticket. We have a few tips to help you understand what personal loans are all about.

Jacaranda Loans is an online lender, specialising in making the process of applying for a loan surprisingly fast and hassle-free. We’re an online lender so you can apply for a small personal loan from the comfort of your own private space rather than having to venture out to a bank and wait in long lines, only to have to discuss your personal needs with someone listening in from behind you.

how it works question

What are the different types of personal loans?

Secured personal loan

A secured personal loan is a loan that is ‘secured’ by equity, such as a car or motorbike. At Jacaranda, we require all loans between $2,100 and $10,000 to be secured by equity. We accept cars, boats, bikes and caravans as security. You’ll need to submit proof of ownership that clearly shows the details of the asset.

Unsecured personal loan

Unsecured personal loans are typically smaller loans from $300 to $2,000 and are not secured by equity.

Fixed rate personal loan

A Fixed rate loan refers to a fixed, agreed upon interest rate that will remain the same throughout the personal loan term.

Variable rate personal loan

The interest rates for a variable rate personal loan increase and decrease throughout the personal loan term, depending on the economy.

how it works question

How do I apply for a personal loan?

All you need to do is access the Jacaranda Loans website and check that you are eligible for a loan. If in doubt, run through this list to make sure you can apply.

To apply for a personal loan, you must be:

Follow these steps for a seamless application process:

If your cash flow needs a boost to help you through some tough times, don’t be afraid to check out Jacaranda’s personal loan rates. You’ll find a full breakdown of what our loans cost over here.

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Eligibility requirements for a personal loan

Taking out a personal loan with Jacaranda Finance is easy, however, there are a few minimum requirements, check them out below:

TO
QUALIFY
FOR ONE OF OUR PERSONAL LOANS, YOU MUST:

age-18
Be over 18 years of age

coins
Receive a regular income into a personal bank account

aus
Be an Australian citizen, or have permanent residency

mobile wifi
Have a direct contact number

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Personal Loan: Terms and Costs

Personal loans are our specialty, and our repayment process is 100% transparent, with no hidden fees or charges. Here’s a simple layout of our charges and terms:

Our small unsecured personal loans

Our medium secured personal loans

Our Large Secured Personal Loans

Just be aware that the amount you are approved for is subject to assessment by one of our loan experts. Be sure to check your loan contract for the final terms of your personal loan if you are approved

how it works question

Personal loans: Be in the known

There is no such thing as a stupid question, but, we want to save you time. Here are some of our most frequently asked questions about personal loans.

Can I still apply if I receive a Government Benefit?

Yes! We assess our loans on affordability and suitability. So, we don’t automatically discount you because you are receiving government benefits.

Do you require documents when applying for a personal loan?

Most of the time, no! At Jacaranda, we utilise the latest and safest banking and identification technology that can obtain 90 days of a read-only copy of your bank statements online in seconds as well as verify your identity. So, while we do require you to provide us with certain credentials and information, you will not need to submit any physical documentation.

What happens when I apply for a personal loan outside of business hours?

Lucky for you, our business is 100% online so you can conveniently apply for a loan at any time. Of course, our worker bees must go home at some point. So our business hours are:

If your application is submitted outside of business hours, we’ll get to assessing your application the next business day. However, some parts of our assessing process are automated so make sure you keep an eye on your phone and email to see if we’ve made contact

How quickly will I receive my funds after my personal loan has been approved?

We generally release the funds within 60 minutes of receiving your signed loan contract. 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.

Do we charge thousands high interest, fees or charges?

In the world of financial management, there is a common misconception that small lenders charge eye-watering interest, fees and charges on personal loans. We don’t! Our costs are simple and transparent with no nasty surprises. Try out our personal loan calculator to get an idea of your loan repayments.

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How could a personal loan be useful to me?

Personal loans serve many functions. They can act as a lifeline and pull you out a jam, or help you live your dreams. Imagine you’re in the middle of paying your mortgage, your insurance and electricity bills are due then, BAM, your washing machine decides to break down. That’s where we come in! Whatever your misfortunes, or wishful adventures, our simple personal loan application process could help you out. There is a myriad of reasons why one decides to take out a personal loan. Here are some:

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Apply for a personal loan!

Navigating the world of finance and learning how to borrow money can be tricky and confusing. That’s where we come in! Here are some handy ideas to follow when you’re planning to apply for a personal loan:

At Jacaranda, we’ll always do our best to give you a fair go and, above all, act responsibly so you’re never offered a loan you can’t reasonably afford to pay back. We have created a simple and fast personal loan application process, to make financial management accessible to all.

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

Personal Loans With No Hidden Fees. Borrow Up To $10,000! Apply Now! 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