Home > Cash Loans to Get You Out of a Cash Crunch
Cash Loans to Get You Out of a Cash Crunch
Looking for cash loans?
Perfect! You’ve landed in the right spot. At Jacaranda Finance, we pride ourselves on giving Aussies the fair go they deserve at accessing affordable cash loans. That’s why when you apply for a loan, we look at more than just your credit score. We look at your entire financial situation to assess whether a personal loan is suitable and affordable for you.
Sometimes, life throws us a few curveballs. Sometimes, you’ll be able to hit them out of the park and other times that simply won’t be possible. For most of us, it’s not always possible to be prepared for the unexpected. So, what are you meant to do when expenses and emergencies pop up out of the blue? Well, here at Jacaranda, we may have the answer – quick, paperless and online cash loans! Let us break down how exactly these loans could benefit you and how to apply.
Introducing Jacaranda Finance
Jacaranda Finance is an award-winning online lender that is proud to have helped thousands of everyday Aussies with our personal loans. Unlike payday lenders, our personal loans come with flexible repayment periods that allow you to repay your loan on your own preferred terms.
That said we are well aware of the stigma associated with our industry. Jacaranda Finance, however, operates a little differently from payday lenders. We embody the true meaning of honesty and transparency and take our responsibility as a lender very seriously. When we say we want to help you move forward with your life, we truly mean it! We don’t charge a processing fee if you are unsuccessful with your loan application, nor do we charge an early settlement fee if you pay off your loan early. Just a damn good service to prove that we are the lender for you.
But you didn’t come here to hear us talk about ourselves, did you? You came here to learn more about our cash loans!
What are cash loans?
Cash loans, also referred to as personal loans, allow you to borrow money to spend on something of your choice. These loans typically come with a repayment period where you’ll have to repay the loan and any additional interest on top of that.
Jacaranda Finance offers cash loans from $300 to $10,000 with a repayment period of 12 to 24 months depending on the amount you borrow. The loans are 100% online, meaning you can apply from the comfort of your own home.
Quick loans: faster than the speed of light
Jacaranda isn’t only here for emergencies. While we can help you through the tough times, we can also help you with the good times too. Perhaps you’ve worked hard, and feel you deserve a well-earned getaway vacation? Maybe, you’d like to upgrade to a more luxurious mattress and bedspread. If you’d like to treat yourself in some way or another but don’t want to dive into your hard-earned savings, our cash loans could be just the ticket!
What loans does Jacaranda offer?
Jacaranda can offer three types of personal loans. These are small, medium and large personal loans. The table below shows the differences between these loans:
|Loan Type||Security Options||Loan amount||Loan term|
|Small Loan||Unsecured||$300 to $2,000||12 months|
|Medium Loan||Secured||$2,100 to $4,600||13 to 24 months|
|Large Loan||Secured||$5,000 to $10,000||13 to 24 months|
Our smaller unsecured loans don’t require a security deposit but our medium and large loans typically do. Customers can use a variety of assets as security against their loan such as their vehicle, motorbike, boat or caravan.
You can access general information regarding personal loans interest rates on the Moneysmart website.
If personal loans aren’t exactly your thing, Jacaranda Finance now provides car loans from $5,000 to $35,000. So if you’ve been thinking of upgrading to a new set of wheels, why not submit an application.
Is getting a cash loan a good idea?
Customers apply to borrow money for a number of reasons. Below we’ve listed a few things that you could spend your cash loan on.
People borrowing cash to pay for their car registration is one of the most common reasons to apply. Despite knowing it needs to be paid every year, car rego is something we all occasionally forget to budget for. Depending on the type of car you have, it can cost between a few hundred to over a thousand dollars. Rather than putting yourself out, a cash loan may offer easy short-term relief.
If your car breaks down, or if you have an accident, it might mean you need to pay for an emergency car repair to get your vehicle back up and running again. We feel your pain! A personal loan from Jacaranda could have you back on the road in no time.
If you are planning on renting a new place, you will most likely be required to pay a rental bond. Depending on the cost of the property that you are going to be renting, tenants can be expected to pay high sums of money to secure their desired home. In most cases your rental bond will be equivalent to 4 weeks rent, meaning they’re usually hundreds if not thousands of dollars! If you don’t have the cash to cover it now, don’t stress. A cash loan from Jacaranda could be just what you need.
Perhaps you need a new bed frame, TV stand or bookcase? Whatever your furniture needs, a cash loan from Jacaranda could help you get there.
Have you received bad news from the dentist? It’s commonly known dental expenses can be expensive. So much so, that people avoid going at all. Whether you’re in need of a filling or a full root-canal, Jacaranda can help ease the pain with an affordable dental loan.
Customers use Jacaranda’s loans quite often to pay for white goods. It can be super stressful trying to figure out how to pay for expensive appliances. Jacaranda can help kit out your kitchen or laundry with a new fridge, dishwasher, washing machine or dryer.
How to save for an emergency fund
Life is full of surprises. Some good, some bad. But why is it that financial emergencies always seem to occur when we don’t have the cash to cover it. For most of us Aussies, this has been a reality at some point in our lives. Therefore, having an emergency savings account is super beneficial for these sorts of situations.
What is an emergency fund you ask? It’s basically just money you store away for a rainy day. It provides a financial safety net so you don’t have to borrow money. Having one can give you the peace of mind knowing that if something were to happen, you’ve got your own back! However, saving money for an emergency fund is another task in itself. That’s why at Jacaranda we’ve come up with a guide to save for an emergency fund and being prepared for life’s biggest surprises.
Jacaranda’s top tips to save for an emergency fund
- Add to your emergency fund as much as you can: In theory, this may seem easier said than done. However, if you’re able to add just $30 a week into a savings account, by the end of that year you’ll have $1560. Not to mention the interest you’ll earn on top of that! So, if you’re left with any money after you’ve paid all your expenses, you should be contributing to your emergency fund.
- Plan for your future: If you’re thinking long term, the key is that time is on your side. The earlier you start saving, the more you’ll have down the track, and the more you’ll earn in interest. You should set a savings goal and aim to reach that by a certain point. For instance, a good way to start is to save enough to cover three months of expenses. This can help if you need to take off work or you’re unable to work.
- Find a high-interest savings account: Before you start allocating a portion of your income into your emergency fund, first, you need to create one. It’s a good idea to do your research and shop around for the best deal. This means looking for a savings account with the highest interest rate.
Am I eligible to apply for cash loans?
To qualify for a cash loan, you simply need to meet a few eligibility requirements. To apply you must:
- Be 18 years or older;
- Be an Australian Citizen or Permanent Resident;
- Receiving a regular income into a personal bank account for the last 3 months;
- Have an active Australian mobile number and email address;
- Have internet banking set up.
What information do I need handy when applying?
Customers are required to provide some necessary information when applying for Jacaranda’s cash loans. We recommend having the following information handy so you can breeze the application step of the process:
- The reason for your loan;
- Personal info (name, D.O.B etc);
- Your internet banking details;
- Employment information
- Your myGov account details (If you receive Centrelink);
- Your mobile phone number and email address.
How do I apply for cash loans?
If you’re searching for emergency cash immediately, then you’ll be happy to know that applying with Jacaranda is super simple. Our application is 100% online, meaning you can apply from the comfort of your own home. You’ll just need to follow the steps below:
Step one: Apply online
To begin, scroll up to the top of this to find our loan calculator. Using the slider, select the amount you’d like to borrow and the repayment period and click ‘Apply Now.’ You’ll then be taken to our application form. You’ll need to fill out the necessary personal and financial information.
This step usually only takes a few minutes to complete. However, if you’re having any trouble, please don’t hesitate to get in contact with our customer service team. Although we cannot accept applications over the phone, we will be able to walk you through the steps.
Step two: We’ll assess you
Once we’ve received your application, we’ll begin to assess whether we can provide you with a personal loan. If you apply during our regular business hours, then you could get your outcome in as little as 60-minutes.
Step three: Sign your contract
If you’ve been approved for a loan, congratulations! A member of our team will then send over a loan agreement for you to review and sign. We recommend reading your agreement thoroughly to make yourself aware of your interest rates as well as any fees for late or missed payments.
Step four: Get your cash!
Once we’ve received your signed copy of your agreement, we’ll transfer your cash directly to you. If you have an NPP-enabled bank account, then you could have the cash in your account and ready to use in 60-seconds or less. We don’t mess around!
Can I apply if I have bad credit?
Of course! Bad credit might’ve held you back in the past when applying for finance or cash loans with a traditional lender. Well, that could be about to change when you apply with Jacaranda Finance. Instead of rejecting your application solely on the basis of a credit check, we prefer to have a more modern approach to lending.
We treat your credit history as exactly that – history. We understand that a financial mistake you made up to 7 years ago might not accurately represent how you are with money today. That’s why we will view your bank statements from the last 90-days to verify your income and to give us an indication of your spending habits and overall relationship with money when assessing your application.
Our aim is to give everyone the fair go they deserve. Don’t let the fact that you have bad credit or receive Centrelink benefits discourage you from applying for finance. Jacaranda could approve you for a cash loan up to $10,000.
Will you check my credit score?
Yes, we will always conduct a credit check when assessing your application. This is part of our commitment to responsible lending. However, this is definitely not the only metric we view to assess whether a personal loan is suitable and affordable for you. We will also view your recent bank statements to give us an indication of your current relationship with money.
How do I repay my cash loan?
Setting up your repayments is the next step once you’ve received your loan. We take repayments through a direct debit of your nominated bank account. Payments can be arranged to come out of your account on a weekly, fortnightly or monthly basis. However, lining up your pay cycle with our direct debit is the most hassle-free way of making sure there’s always enough money in your account.
What happens if I can’t make repayments?
We get that things crop up in life, and things don’t always go to plan. If you can’t make a payment when it is scheduled to be made, it’s important to contact us as soon as possible. This way, we can work with you to organise an alternative arrangement.
Why choose Jacaranda Finance?
There are a variety of reasons that people choose to apply with Jacaranda Finance. The fact that we can offer affordable loans, flexible repayment terms and instant transfers are just some of the highlights. Other appealing factors include:
Our application process is super easy and fast!
We are 100% online, so applying for cash loans with us is incredibly simple and uncomplicated. Since the application form is very easy to complete, you’ll be amazed at how quick it is to apply!
You receive your funds as soon as possible
When you accept your loan contract, you could receive your funds instantly. Depending on when your loan was approved, as well as the policies of your bank, you should receive your money either the same day or overnight. If you have an NPP-enabled bank account, you could even get your cash in as little as 60-seconds!
We have a great customer service team
Throughout the duration of your loan contract, if you ever need to contact one of customer service team members, we urge you to do so. They are always happy to help. Give us a call on 1300 189 823 or send an email to email@example.com.
We’re upfront and transparent about all our fees
One of the best things about our cash loans is that all our fees are upfront. We are completely transparent with our interest rates and fees. This means they’ll be clearly stated in your loan contract for you to view. If you do not accept the terms of your loan, you don’t have to accept our offer. Simply just let us know.
Ready To apply?
In a nutshell, getting cash loans with Jacaranda is a great option for when you need to pay for something fast. That’s because our quick money loans are easy to apply for and fast to receive! No stress and no hassles. So, if you like the sound of our cash loans, they might just be the right thing for you. Scroll up to the top of this page and apply today!