Please note: Jacaranda Finance does not provide instant loans, nor do we provide loans without credit checks. Each application is subject to assessment.
*Subject to lending criteria, T's and C's'
*Subject to lending criteria, T's and C's'
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An instant loan with no credit check is a loan where a credit check is not required, and the loan approval is instant. Jacaranda Finance cannot provide instant loans without performing a credit check. As a responsible lender, we do not offer "no credit check loans", as we conduct a credit check as a part of our assessment process.
Though Jacaranda Finance cannot offer instant loans without a credit check, we do approve applicants across a broad range of credit scores and have fast outcomes and fund transfers.
At Jacaranda Finance, we want to help you unlock your true financial potential. You can boost your creditworthiness over time by applying for and repaying a loan with us. Here’s how:
At Jacaranda FInance, we understand that you don't have time to waste when you want a loan. You're probably very busy, and spending days waiting on your application is the last thing you need. This is why our award-winning, 100% online personal and car loans are as close to instant as you can get while still maintaining a thorough and responsible loan assessment process.
We only accept loan applications online via our online application form on our website or BetterCredit app. We're 100% online, so there are no other ways to submit an application.
If you're considering applying for a loan with Jacaranda Finance, you can first check if you qualify using our QualifyCheck technology, which does not affect your credit score.
Learn more about How to Apply here.
Australia has two main credit rating agencies that calculate your credit score:
Each credit agency uses different ranges for their credit scores. Here’s what these currently look like:
| Equifax | Experian | |
|---|---|---|
| Below Average | 0 - 459 | 0 - 549 |
| Average | 460 - 660 | 550 - 624 |
| Good | 661 - 734 | 625 - 699 |
| Very good | 735 - 852 | 700 - 799 |
| Excellent | 853 - 1,200 | 800 - 1,000 |
Generally speaking, your credit score will be calculated based on the following factors:
And more.
Yes, as a responsible lender we do carry out credit checks on eligible applications. Don’t worry though, we don’t let this number define you. We look at a number of factors to best determine if a loan is both affordable and suitable for you.
When you hear “cash loan” you might think of short terms, low amounts and high fees. But at Jacaranda Finance, we do things differently. Our personal loans allow you to borrow $3,000-$25,000 and our fast assessments mean you could get a same day outcome2, with funds in your account in just 60 secs if approved3.
Applying is Quick & Easy
Ready to get started? Click here and apply now.
By submitting a full application for a personal loan, you are authorising a hard credit check. This means that other lenders will be able to see that you applied for a loan and could impact your credit score. Before you submit a full application with Jacaranda Finance, you can check if you qualify with no impact on your credit score*. This is called a soft credit check, and is only visible on your credit report to you.
How to check if you qualify for a personal loan?
If you’re considering applying for a loan with Jacaranda Finance, you can check if you qualify with no impact on your credit score*.
No, checking if you qualify uses a “soft” credit check meaning it does not impact your credit score or appear on your credit file to anyone but you. We recommend checking your eligibility before applying for a loan where possible to reduce the number of applications on your credit report.
To be assessed for a loan from Jacaranda Finance, you must meet the following basic eligibility criteria:
If you are unsure whether you’re eligible, you can check if you qualify with no impact on your credit score*.
We offer two main products at Jacaranda Finance:
For detailed information about who our products are designed for, please review our Target Market Determinations. Our Loan Repayment Calculator and our guide to Jacaranda Finance’s interest rates & fees could help you to predict your repayments before applying.
We understand that life moves fast. That’s why we do too. Apply before 3:00pm from Monday to Friday and Jacaranda Finance will give you a same day outcome2 on your loan application. If approved, your funds will be transferred in 60 seconds3. This means you could apply, have your application assessed and receive your funds all within the same day.
Applying over the weekend? If you submit your application on Saturday morning, you may receive a same-day outcome. Applications received later in the weekend are typically assessed first thing on Monday morning.
You can pay your loan back at any time at no extra cost. That means no early exit or payout fees.
Once you’ve been approved and have accepted your loan contract, we’ll automatically attempt to release the money to your account. Most customers get paid in 60 seconds3.
Learn more about all things credit with some of our insightful articles and guides.
$3,000 - $25,000
