ClickCease 10000 loan | What You Need To Know Before Applying | Read More!

Home > Blog Posts > Applying For A 10000 loan? You Need These Tips Before You Begin

Applying For A 10000 loan? You Need These Tips Before You Begin

January 29, 2020 7 minute read
Jacaranda Avatar

Authoritative Source

Jacaranda Team

Applying For A 10000 loan? You Need These Tips Before You Begin

What is a 10000 loan?

Essentially, a $10000 loan is a personal loan that you can borrow for $10,000, and the repayment period will differ from lender to lender. Some lenders may offer a 10000 loan over 6 years, and some may offer a 10000 loan over 4 years. Before you apply with a lender, make sure you check the repayment period to see whether you’re happy with the loan terms. 

When you apply with Jacaranda Finance, you can use our handy 10000 loan repayment calculator. You can select how much you’d like to borrow and for how long. We’ll give you an estimation of your possible repayments as a weekly, fortnightly and monthly payment schedule. This gives the power to you. You can see how much you can afford before you even apply! To get started, scroll up and apply for a 10000 personal loan!

What do I need to know before applying for a 10000 loan?

Before you apply for a 10000 dollar personal loan, below are the 5 things you need to know:

  1. Understand your credit score and credit history
  2. Know your income
  3. Other monthly, fortnightly or weekly payment obligations
  4. Pinpoint your assets and liabilities
  5. Know your employer’s contact information

Knowing this information not only helps you prepare for your loan application but also paints a better picture of your financial wellness.

1. Understand your credit score and credit history

Getting acquainted with your credit score and credit history is an essential step in understanding your finances. According to MortgageBusiness.com.au, 73% of Aussies are in the dark about their credit score. This can lead to disappointment if your application is rejected, or you may be surprised by a high-interest rate. If your lending history isn’t stellar, we can still consider applications for bad credit loans.

Therefore, before you submit a 10000 loan application, know what to expect and where you stand by requesting a free credit report. For more information on how to request your credit score, visit the MoneySmart website.

2. Know your income

Generally, a lender will determine your suitability for a loan by assessing your income, so you may need to prepare documents for proof of income. When you apply with Jacaranda Finance, there is no need to submit any physical paperwork; we access all the information we need electrically. We simply ask for your internet banking details which are encrypted with third-party software. 

So if you’re searching for a stress-free loan process, where approval could be a click away, choose Jacaranda. You could even scroll up and use our loan calculator to get started with your 10000 loan application now!

3. Other monthly, fortnightly or weekly payment obligations

Your income makes up only one part of the loan assessment. Lenders can also look at your other commitments. This includes additional loan repayments, regular bills, rent and even buy now pay later payments. It’s normal to have other obligations; however, it’s good to be aware of what they are and how they can affect your loan application.

4. Pinpoint your assets and liabilities

Your potential lender may look at your assets or liabilities as part of their assessment process. Assets are things you own that have worth, like investment accounts and properties, and liabilities are financial obligations, something that costs you money – like loan debt or a mortgage. Make a list of all your possible assets and liabilities, so you know what your lender could assess.

5. Know your employer’s contact information

Your potential lender will most likely ask for your current employer’s contact information so it’s handy to gather the details you need like your mobile number and email address before you begin your $10000 loan application.

How much can I borrow for a personal loan?

Generally, most lenders offer more than just a $10000 loan! Of course, loan amounts will differ from lender to lender; however, most lenders provide a range of small to large loan amounts.

Before you apply with Jacaranda, take a look at the flexible loan options we provide:

Loan typeThe loan amountLoan term
Unsecured$300 to $2,0003 to 6 months
Unsecured – Secured$2,000 to $4,60013 to 24 months
Unsecured – Secured$5,000 to $10,00013 to 24 months

Found an option that suits you? Great! Then, scroll up and use our loan calculator to begin your application.

Can I get an online loan up to 10000?

Different lenders have different criteria when applying for cash loans online up to 10000. So, before you decide to submit an application, make sure you qualify!

To qualify with Jacaranda Finance, you simply need to meet the following requirements:

  1. You must be over 18 years of age
  2. Be an Australian citizen or permanent resident
  3. Have a regular income for at least 3 months into a personal account
  4. Have an active mobile number and email address

If you meet these requirements, then you’re ready to submit an application! Just scroll up to get started with short term loans up to 10000. 

What documents do I need to borrow money?

Life can hand out its fair share of ‘whoops’, and when you need the money and quick, you don’t want to get bogged down in paperwork. You might expect an avalanche of paperwork when you apply for a loan. With Jacaranda, throw your expectations out the window. You don’t need any physical documents to get a 10000 dollar personal loan, you simply need the following information:

  • Personal contact details (e.g. active mobile number and email address)
  • The reason for your loan
  • Internet banking details
  • MyGov information (if you’re receiving Centrelink)
  • Employment contact details

If you have any questions about the information we require to assess your cash loans application, please contact our friendly team, we’re always on hand to help.

How can I get a loan fast and get the money?

To borrow money for life’s mishaps you can get the fast cash you need in three simple steps:

  1. You apply online
  2. We assess your application
  3. If approved, money in 60 seconds*

If you’re ready to apply, scroll up now and use our loan repayment calculator to get started. Still unsure? Here’s more information about how to apply for a 10000 personal loan:

Step 1: You apply online

Begin your application by scrolling up and using our loan calculator to select how much you wish to borrow and for how long. You’ll see an estimation of your repayments to help give you an idea of what your loan will cost. Once you’re happy with your proposed loan terms, you can hit the ‘Apply Now’ button. You’ll be taken straight to our application where we’ll ask you to fill in a few more details. 

Step 2: We assess your application

After we receive your application, our team will get straight to work assessing your application. Our team aims to assess your application in 60 minutes!** So you don’t have to worry about waiting for the outcome you need ASAP. If you need any more information from you, we’ll contact you directly; otherwise, you can sit back and enjoy a cuppa!

Step 3: Money in 60 seconds*

If your application is approved, we’ll send you a contract to review, sign and send back. After we receive your signed contract, we can have the money in your bank and ready to use in 60 seconds*! Think it’s too good to be true? See what our clients have to say:

“…Once I was notified my application was approved the funds were in my account INSTANTLY, and this was on a Saturday.” – Teneil on Trustpilot.

How much would a monthly payment be on a 10000 loan?

The 10000 personal loan rates will depend on the lender and your financial situation. At Jacaranda, we’re transparent about our rates before you apply. You can see how much a 10000 dollar loan monthly payment may be via our How it Works page or by using our loan calculator located at the top of this page.

Can I get a 10000 loan no credit check Australia?

Typically, lenders do conduct credit checks on 10000 loan applications. If you’re searching for no credit check loans, you may be worried about your credit score. Fortunately, you can breathe a sigh of relief with Jacaranda. We have a fresh take on bad credit. While we still conduct credit checks as part of our commitment to responsible lending, we look at more than just your credit score. We also assess your current relationship with money, including your income and spending habits. 

So, if you’re looking for a $10000 loan bad credit, Jacaranda Finance is the award-winning lender that may be able to say ‘yes’! Scroll up and use our loan calculator to begin your application.

Ready to apply?

Great! You have all the tips and info you need to begin your $10000 loan application. So, scroll up and use our loan calculator to get started!

Jacaranda Finance is a lender. We do not offer financial advice. Consider seeking independent legal, financial, taxation or other advice to check how the information and ideas presented on this website relate to your unique circumstances.

Apply for a smaller $2500 loan with Jacaranda Finance today!

*most approved applicants have their money in their bank account and ready to use within 60 seconds once they have accepted their digital contract.

**subject to when you submit your application

Reviews don’t lie 🌟

Last updated: 13/05/2020, 3:57pm

Our low rates

Our low rates

💰 Personal Loans starting from 7.89% (8.73% p.a. Comparison Rate)

🚗 Car Loans starting from 5.29% (5.84% p.a. Comparison Rate).

We never charge early repayment or exit fees.

Apply Now 🚀
Existing client?

Existing client?

Manage your loan easily in one place.

Log In
Had a good experience?

Had a good experience?

Share the love by referring a friend now and receive up to $100 of free credit 💸

Refer a friend

Need a hand? 👋

Jacaranda is 100% online. So, we do not accept applications over-the-phone. However, our friendly team is more than happy to answer any questions you may have.