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10K Loan

Personal Loans up to $15,000

Money in your bank account and ready to use in 60 seconds once approved*(1)

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Apply in less than 8 minutes

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Apply in less than 8 minutes

Jacaranda Finance offers a 10K Loan for eligible applicants in need of a loan up to $15,000.

If you have been searching for a 10K loan, Jacaranda Finance offers eligible Australians personal loans up to 10K, 100% online. We offer flexible repayment terms and competitive rates.

Need a quick 10K loan?

Jacaranda Finance offers a 10K loan online to applicants in need of a short term financial solution. We offer personal loans from $1,000 to $15,000 to cover a variety of expenses. Whether you need some medical expenses covered or an emergency quarantine you were not prepared for, we offer personal loans to assist you with covering the initial costs.

We are a 100% online lender. This means that we are able to deliver fast outcomes without the hassle of paperwork or long phone calls. We are an award-winning lender and the first lender in Australia to deliver a 60-second payout; when you are in need of credit, Jacaranda Finance may be able to help you.

What is a 10K Loan?

A 10K loan is a personal loan of up to $15,000 to be used for personal reasons. We offer personal loans from $1,000 to $15,000 to eligible applicants in need of emergency cash. We offer three types of personal loans: small loans, medium loans and large loans.

Loan type Security Loan amount Repayment terms
Small loan Unsecured $1,000 to $2,000 6 to 12 months
Medium loan Secured $2,100 to $4,600 13 to 36 months
Large loan Secured $5,000 to $15,000 13 to 36 months

Can I get an unsecured personal loan?

Our small loans are unsecured loans because there is low risk involved when lending at smaller amounts. We offer secured loans on our larger loan amounts. This means that you must attach an asset to your loan as collateral. This allows us to continue to offer competitive rates to our applicants. If you would like a more detailed breakdown of our fees and charges, refer to our costs page.

How to apply for a low interest 10K loan

Applying for a 10K loan with Jacaranda Finance is simple and easy with our online loan application. Our application form can be completed within just a few minutes and you may receive your loan outcome within just 60-minutes*! We support instant transfers on approval, so you could receive your payout into your bank account within just 60-seconds** of approval. To apply for a quick loan, follow these steps:

Step 1: Apply for a loan by selecting your loan amount and completing the online application

Step 2: Our team will assess your application

Step 3: We will let you know whether your loan application was successful

Step 4: If approved, we will send you a copy of your loan contract to review and sign

Step 5: Receive your loan payout


We have some standard lending requirements all of our applicants must meet before we can approve their loan application. Please ensure you meet our eligibility criteria before you apply:

  • You are at least 18 years old
  • You have had a consistent income into your bank account for at least 90 days
  • You are an Australian citizen or permanent residentย 
  • You have an active email address and mobile phone number
  • You have internet banking set up

Supporting documents

While we do not require physical paperwork, we do still require copies of the following supporting documents. It may be helpful to have these documents available when you apply:

  • 100 points of ID
  • Your basic personal information (full name, date of birth, address etc.)
  • The reason for your loan
  • Your online banking details
  • Your myGov details (if you currently receive Centrelink benefits)

10K bad credit loan

Securing a loan when you have bad credit can be challenging. Jacaranda Finance is an online lender; this means that we can be more lenient in our credit lending requirements than traditional lenders like banks and credit unions. We offer bad credit loans up to $15,000 to eligible applicants that meet our requirements. We will conduct a thorough analysis to ensure that you can afford your loan repayments using your bank statements. If we find that you are able to manage your loan, even with bad credit, we may be able to provide you with as close to an instant 10K loan that you can find in Australia.

We conduct an individual financial assessment on all of our loan applications. We must still conduct a credit check in line with responsible lending guidelines by ASIC; however, your credit score will not be the only factor in your application.


How much can I apply for?

We offer loans from $1,000 to $15,000 so you can apply for any loan within this range. We will assess your application to ensure that you can afford your loan repayments. Your repayment terms will vary depending on how much you borrow.

Can I get an instant 10K loan?

We cannot guarantee instant loan outcomes. However, we deliver fast loan outcomes and endeavour to get back to you within just 60-minutes*. We also support instant transfers on approval. While each application is subject to an individual assessment, we will deliver the fastest outcome possible.

What are the fees and charges on your loans?

The fees and charges on your personal loan will vary depending on your individual circumstances. We offer three different loan types, all of which accompany different fees and charges. Additionally, your credit history will have an impact on the costs of your loan. All possible fees and charges will be clearly outlined to you in your loan contract.

Can I pay off my loan early?

We do not charge early exit fees on our personal loans. This means that if you are in the position to repay your loan early, you are free to do so without incurring additional fees.ย 

How do I repay my 10K loan?

We will set up a direct debit in line with your pay cycle (weekly fortnightly or monthly). Your loan repayments will automatically be debited from your account on the selected date. When your loan has been paid off, your repayments will stop.

Can I use a 10K loan to purchase a car?

Our 10K loans are exclusively personal loans. However, we also offer car loans from $5,000 to $35,000 for both new and used cars. If you wish to use your loan to fund the purchase of a vehicle, we may have a loan option for you.

Can I get a loan if I receive Centrelink benefits?

We consider most forms of Centrelink income as regular income. As long as you have been receiving your payments for at least 90 days and meet the rest of our eligibility criteria, we may be able to provide you with a small loan.

What are the most common reasons people apply for a loan?

We receive loan applications for a variety of reasons. Whether itโ€™s an unexpected bill or a loan for furniture, we approve applications for all of these reasons plus more. Here are just 10 of the most common reasons we receive loan applications:

  1. Unexpected bills
  2. Medical costs
  3. Car repairs
  4. Debt consolidation
  5. Travel costs
  6. Car registration
  7. Wedding costs
  8. Home improvements
  9. Relocation costs
  10. Loans for furniture

Whether you need urgent car repairs or cash for an unexpected trip, Jacaranda Finance can provide you with a personal loan.

How else can I access 10K fast?

If you need to borrow 10K for a personal expense, there are some other credit products/cash solutions that may be available to you.

Credit card

Different credit cards have varying minimum and maximum credit limits. You may wish to research and find a credit card that has a $15,000 limit; this way, you can borrow up to $15,000 to pay back at a later date. Credit cards often accompany a variety of fees and charges if not repaid in full so it is important to select a credit card that is affordable for you.

Advance from your employer

You may be able to ask your employer whether you can access an advance on your salary. Depending on your employer, your circumstances and how long you have worked for the company, you may be able to request a payment advance. You should discuss this with your employer, specifically how much you can request and how it will be repaid.

Line of credit

A line of credit operates similarly to a credit card. You can draw on a line of credit up to its limit when you need funds to be repaid in instalments. A line of credit will also accompany other fees and charges, so it is best to do your research.

*If you apply for your loan within our business hours

*If you have an NPP-enabled bank account

Reviews donโ€™t lie ๐ŸŒŸ

Reviews current as of June, 2021.

Our low rates

Our low rates

๐Ÿ’ฐ Personal Loans starting from 8.69% (12.05% p.a. Comparison Rate)

๐Ÿš— Car Loans starting from 5.29% (5.84% p.a. Comparison Rate).

We never charge early repayment or exit fees.

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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.