Home > Blog Posts > Looking for a $5,000 Loan? Apply Online with Jacaranda Finance Today!
Looking for a $5,000 Loan? Apply Online with Jacaranda Finance Today!
January 31, 2020●
8 minute read●
Personal loans made simple
Are you looking for a $5,000 loan from a lender you can trust? Jacaranda Finance is the lender more Aussies trust when they need reliable funds without the stress of a traditional or ‘big bank’ lender.
You can apply for $5,000 loans online at any time thanks to our simple application form. Better still, Jacaranda is Australia wide! This means you can apply from anywhere across the country – all you need is an internet connection.
Like what you hear? Keep reading to see what our $5,000 loans could do for you or scroll up to apply now!
What is a $5,000 loan?
As the name suggests this loan is a personal loan for $5,000.
Not sure what a personal loan is? Let us explain.
A personal loan is an amount of cash loaned to a borrower on the basis that they will repay the loan over an agreed-upon period of time. Personal loans usually accrue interest payable on top of the loan amount. This, however, does differ from lender to lender. It is important to make sure you read through any loan agreement before signing. Most of the time borrowers can incur a default fee if a payment is missed.
An online lender, with a difference
Jacaranda Finance is a neo-lender providing Aussies with fast, reliable and safe personal loans. Jacaranda is shaking up the lending game, for good. Gone are the days of spending hours on hold to the bank or waiting weeks for an outcome on your personal loan application. When you submit an application with Jacaranda Finance, we’ll do our best to have an outcome for you in just 60 minutes*, assuming you apply within AEST business hours. Our team understands that your time is valuable, so we’ll cut straight to the chase to get you a result faster.
Does the phrase ‘credit score check’ make you cringe? Don’t worry, you’d be surprised how many Aussies aren’t proud of their credit report. At Jacaranda, we take a realistic look at your finances and consider your employment and current financial situation. We do consider giving out bad credit loans if we assess your application and can still determine you are in a stable financial situation. We’ll focus on how you are going to repay your loan. After all, we don’t think poor credit from up to 7 years ago should dictate your ability to get finance.
How do I apply?
Want to know how to get started on an application? You’ll be pleased to know it’s simple and stress-free. Here is what you’ll need to do:
Head to the loan calculator at the top of the page and input the amount of cash you would like to borrow and the repayment period. You will then be able to see how much your weekly, fortnightly or monthly repayments could be.
Fill out the form
The Jacaranda team will need some important details to start assessing your loan application. Simply fill out our 100% online application form, it could only take you a few short minutes to complete. All required documentation can be submitted completely online. Keep in mind that if you apply during AEST business hours our team will do their best to get back to you with an outcome in just 60 minutes.
We assess your application
The Jacaranda team will conduct a thorough and fair assessment of your loan application. We’ll take a look at whether or not a $5000 loan is an appropriate financial decision and get back to you with an outcome as quickly as possible.
Sign your agreement
If your $5000 loan application has been successful, we’ll send over an agreement for you to review and sign. It is important to read through your agreement and make yourself aware of the full terms and conditions of your loan contract. If you’ve got questions, just ask the Jacaranda team – we’re always more than happy to help!
Get your cash
As soon as our team receives a signed copy of your contract we’ll deposit the funds straight into your account. With the introduction of instant banking, borrowers with NPP enabled banks can potentially have the cash in their account and ready to use in just 60 seconds.
Can I apply for a loan with bad credit?
Yes, at Jacaranda we accept loan applications from individuals with poor credit scores. Our team takes into account the ‘big picture’. What does that mean? It means we will do our best to match you with a $5000 loan regardless of your credit score. Our team will take a look at where you’re currently at with your finances to see whether or not a personal loan is a responsible financial decision.
At Jacaranda, we are proud to be responsible lenders. That means we do not lend cash to people that are not able to afford the repayments. We assess eligibility on a case by case basis.
How much does an application cost?
Nothing! At Jacaranda, we do not charge a cent to assess your loan application. If you are approved for a $5000 cash loan today, then we’ll outline all associated costs in your agreement. We understand that everyone is different and, therefore, every financial situation is different. Our team assess eligibility on a case by case basis.
Who can apply?
At Jacaranda, we keep things as simple as possible – and, that includes our application criteria. So, here is what you’ll need to meet if you’d like to start an application with Jacaranda:
- Be over 18-years old;
- Hold Australian citizenship or permanent residency;
- Be receiving a regular income for at least 3-months;
- Have an active mobile number and email address.
At Jacaranda, we are saving the environment as well as saving you the hassle. Our application process is 100% online for your convenience. You will need to submit a few important documents with your application. Here’s what we recommend you have handy:
- Personal contact details (e.g. active mobile number and email address);
- The reason for your loan;
- Internet banking details;
- MyGov details (if applicable);
- Employment details.
At Jacaranda Finance, we are proud to be a responsible lender. What does that mean? It means we do the right thing by our customers. The Jacaranda team will never lend cash to an individual who does not have the means to repay it. Our team will conduct assessments on a case by case basis. That means we don’t stereotype. Jacaranda understands that everyone is different and that means every financial situation is different. As a responsible lender, our team are required to:
- Make reasonable inquiries about the consumer’s financial situation;
- Take reasonable steps to verify the consumer’s financial situation;
- Make a preliminary assessment of whether the credit contract is ‘not unsuitable’ for the consumer.
If you’d like to know more about responsible lending you can head to the ASIC website for more information or get in touch with the Jacaranda team.
What can I use a $5000 personal loan for?
Jacaranda Finance approves $5000 personal loans for a variety of different circumstances. Here are just a few of the loan types we have previously approved:
$5000 car loan
Need some extra cash to make the car of your dreams a reality? Jacaranda could help you find the $5000 car loan you’re looking for. While we can’t provide car loans ourselves, we could match you to other lenders who can! The best part is, you can apply 100% online without the stress of a traditional lender. We have streamlined the entire process for Aussies on the go. We don’t mess around with pages and pages of paper forms. If you’re looking for a smarter way to gain finance then Jacaranda could be the lender you’ve been searching for.
$5000 loan for medical bills
Has an unexpected medical emergency threatened to blow the budget? Apply with Jacaranda Finance and you could have the cash you need much sooner than you think. Our completely online application means you won’t even have to leave the couch to apply for a loan. If you submit your application during AEST business hours you could even have an outcome from our team in just 60 minutes. How fast is that!
$5000 loan for a holiday
Planning on taking the kids away for the school holidays? Maybe you’re planning the overseas trip of a lifetime? No matter what you’re thinking, Jacaranda could have the cash to get you there. Our team approves holiday loans between $300 and $10,000 completely online. We don’t think you should have to wait days to gain approval on a loan application. Our team will assess your application quickly and can possibly get back to you with an outcome in just 60 minutes.*
Can I get an instant loan?
Have you been googling ‘instant $5000 cash loan’? At Jacaranda Finance, we can not guarantee totally instant loans. Why not? At Jacaranda, we assess every application individually. While not instant our team does conduct a speedy assessment on loan applications, and we do our very best to get back to applicants within 60 minutes when the form is submitted during AEST business hours.
If you’re looking for a reliable lender that could approve your $5000 loan then Jacaranda Finance could be the lender for the job. If you’re ready to apply you can head to the top of the page and use the Jacaranda loan calculator to get a better idea of what your weekly, fortnightly or monthly repayments could be.
Will Jacaranda call my employer?
Yes, in most cases, the Jacaranda team will conduct an employment check whilst assessing your loan application. Don’t worry, there is nothing to be nervous about. Employment checks are a routine part of our assessment process. Our team will always conduct themselves with professionalism and discretion whilst conducting employment checks. We will never disclose any of your personal or private information to an employer. If you’ve got questions regarding Jacaranda’s employment check process you can get in touch with the team or head to our FAQ page for more information.
Want to know more?
If you’re keen to read more from the Jacaranda team you can head to our blog!
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*If you apply during AEST business hours.
Written by Jacaranda Team