Home > Micro Loans Up To $2,000 Could Be The Pick-Me-Up You’re After!
Micro Loans Up To $2,000 Could Be The Pick-Me-Up You’re After!
Need a small financial pick-me-up?
With all facets of our lives demanding speed and efficiency, Jacaranda Finance has a potentially perfect solution for you: micro loans! We can sort you out with a small loan quickly and easily. Imagine: your utility bill is due, your washing machine has broken down and then your daughter urgently needs new soccer boots! Enter tiny loans. Micro loans Australia are an easy and fast solution to an unexpected bill or cash flow problem. If you need cash now, why not turn to the experts? We love helping Aussies when it comes to quick loans online!
So, with our fast application and quick outcomes, you could have your much-needed funds before you know it. Jacaranda could even provide loans for people with poor credit!
We are a 100% online loan company that provides personal loans to those who need a moolah pick-me-up. Therefore, Jacaranda Finance has a fast turnaround and expert loan advice available at the touch of a button.
Therefore, let’s learn more about Jacaranda Finance and how we can help with cash flow issues!
Firstly, introducing Jacaranda Finance
We are the personal loan experts you’ve been looking for! We are ready to help you with all your micro loan needs. Our vision is to give all applicants a fair go; therefore, we don’t pass judgments purely based on past financial mishaps.
So, let’s play 20 questions… or maybe just five, so you can get to know us better:
Are we fast?
When we say quick micro loans, we mean it. With an application that takes just minutes to complete and fast outcomes, you could have your funds before you know it. Our website is designed to be user-friendly and help you along on your loan journey. We have developed a loan process that eliminates the hassle of taking out a personal loan.
So, to help speed up your application, try out our loan calculator! Located at the top of each Jacaranda Finance web page, simply select the amount you wish to borrow and for how long. The calculator will display the repayments for your desired amount either in monthly, fortnightly or weekly instalments. Once you are happy with your loan, click ‘Apply now”. As a result, you’ll be taken straight to the application.
Can we describe Jacaranda Finance using three words?
Fast, easy and convenient. Those three words really embody what Jacaranda Finance wants customers describe our service when they apply for a micro loan. With possible same day approval and no paperwork loans, it doesn’t get much better!
Do we offer paper-free micro loans?
Yes! Our personal loans are all paperwork free. Say goodbye to the days of endless photocopying and mountains of red tape. We use the latest in safe banking technology to obtain your bank statements and spending habits when assessing your application. If your application is approved, you can simply sign the contract online; no need to print it out!
Are we a responsible lender?
When we assess all our personal loans, we adhere to responsible lending practices. Jacaranda Finance does not approve an applicant who cannot afford the repayments. Therefore, we don’t want to land you in unmanageable financial debt. We are a lender that cares about the wellbeing of its clients.
Do we offer a simple repayment plan?
At Jacaranda Finance we have no paperwork loans and no paperwork repayments! We use the latest in safe banking technology to debit your nominated account for the repayments. So, say goodbye to the days of setting thousands of reminders for repayment due dates.
What are micro loans?
Jacaranda Finance is a 100% online company providing personal loans for everyday Australians. As a result, we have created a hassle-free loan experience for all our customers. We provide small, medium and large personal loans. You can apply for all of our loans at the touch of a button.
A personal micro loan ranges from $300 to $2,000 and the loan term can range up to 12 months, depending on the micro loan amount. Our pocket rocket loans are small and fast. Apply today, it’ll take you no time at all.
What do I need to apply?
When applying for a micro loan at Jacaranda Finance, we have a checklist to check whether you are eligible. Here is our handy checklist to look over before you apply for a micro loan. You must
- Be over 18 years of age
- Be an Australian citizen, or have permanent residency
- Receive a regular income into a personal bank for the last 90 days
- Have an active contact number and email address
Therefore, before applying, make sure to look over and check off these few requirements.
Do we have asterisk costs?
Jacaranda Finance believes in full transparency. Therefore, we don’t hide our costs in tiny font at the bottom of our micro loan contracts. We believe in informing you of all our costs before you take out a micro loan. Knowledge is power! Here’s a simple breakdown of our micro loan costs:
For small personal loans ranging from $300 to $2,000, there is a 20% establishment fee charged upfront + a monthly fee of 4%.
So, for more information on lending costs, visit our costs page, or the MoneySmart website.
How do I apply for micro loans?
Applying for micro loans Australia is simple and fast. So, to understand what makes our micro loan application so easy, follow these 5 steps:
Step one: Applying online
Our online application is seamless and easy to fill out. Our loan applications can take just minutes to complete! That’s less than brewing a cup of coffee! So, start your online application today.
Step two: Assessing your application
Once your application is submitted, our expert loan team will evaluate your loan status based on provided personal details.
Step three: Paper-free application
So, utilising the latest in safe banking technology, we are able to access your bank statements and spending habits, without needing piles of paperwork. As a result, no paperwork loans are hassle-free. Therefore, say goodbye to the days of mass photocopying and mountains of paperwork! We may need to contact you for further documentation depending on your situation. If this is the case, we will let you know via SMS or email.
Step four: Responsible Lending
Whilst we assess your application, we adhere to responsible lending practices. We avoid lending money to customers who cannot afford repayments. The last we want is to land you in unmanageable debt!
Step five: Collect your moolah!
So, once your application is submitted, either relax or get back to what you were doing. If you are approved, we’ll let you know as soon as possible. Once you sign your loan contract, we can transfer your funds to a nominated bank account instantly! You’ll receive the money not long after. Time may vary depending on the speed of your bank and what documents you supply.
What can you use personal loans for?
Small loans can serve a wide range of functions. Their versatility is part of what makes them so sought after! If you’ve got expenses, chances are a micro loan can help in some way. Here are just some of the ways quick cash loans can get you out a scrape:
- Your dream wedding: use a micro loan to pay for your favourite photographer or your dream wedding venue.
- Funding your side hustle: Want to your hobby into a profitable side business? Try a micro loan to give your hustle a jumpstart.
- Creating an emergency fund: Use small personal loans to cultivate a nice little nest egg of moolah, to give you a headstart in your finances.
- Pesky medical bills: Pay away those medical pesky medical bills with a micro loan.
- Moving house: Relocating can be expensive, all those moving bills can pile up. So, try a micro loan Australia to ease your worries.
- Home update: Does your bathroom need an update? If so, consider a quick micro loan to boost your home improvement fund.
Therefore, there is a myriad of reasons why people decide to apply with Jacaranda Finance. So, if you’ve got a financial problem, small quick loans could help solve it. Why not apply today?
Benefits of a personal loan
Have you decided on taking out a personal loan? That’s great! There are many benefits that come with your choice. There are many reasons why taking out a personal loan could suit you more than other common alternatives. Take a look at the list below and think about how it meets your financial goals and needs. Here’s a list of benefits you can get from taking out a personal loan:
- High borrowing limits. Unlike credit cards, you have the opportunity of borrowing a much higher amount. Not only are you able to borrow a large amount if you’re eligible, but the process can take a matter of minutes.
- Lower interest. Not only could you be eligible to borrow large amounts, but personal loans also tend to have lower interest than credit cards. To be specific, personal loans tend to be approximately 5 percentage points lower than the interest rates on credit cards.
- Early repayment. You’ll find that with many finance options, trying to pay down your loan early can result in an early exit fee. This is not the case here! If anything, we encourage you to use the benefit of no early exit fees with our personal loans. Essentially, the earlier you pay off your personal loan, the more you save on your monthly payments and accumulated interest.
- Collateral isn’t required. One of the biggest benefits of unsecured personal loans is the fact that you won’t need to provide an asset as security. Although missing your payments is in no way a good thing, it just means your car or home aren’t on the line.
- Repayment schedule. If you’re someone who doesn’t like the unpredictable, then personal loans are for you. Personal loans usually come with fixed interest rates and a repayment term. Having a fixed rate can be a major benefit as you’d know exactly how much will be deducted every repayment, and how much you should be budgeting for.
So, do we perform credit checks?
At Jacaranda we adhere to responsible lending practices. As part of these commitments, we do perform credit checks on all our applicants. However, we are more lenient than traditional lenders. So, we want to give every customer a fair go, whilst continuing to honour our duties as responsible lenders.
Therefore, we understand that sometimes mistakes happen, and we don’t want your financial past to damage your future.
Can I still apply for micro loans with bad credit?
Yes! We encourage everyone who is eligible and needs a micro loan to apply. When it comes to bad credit, we are more lenient than traditional lenders. As a result, we are able to lend money to customers who suffer from poor credit. However, they must be receiving a regular income over the past 90 days.
If I am receiving Centrelink payments, can I still apply?
Yes, you can! We consider Centrelink payments a source of income. As long as you are receiving regular income for the past 90 days, you can apply for a micro loan Australia.
Therefore, we accept most forms of Centrelink payments aside from Newstart, Youth Allowance and Farm household allowance. Unfortunately, we cannot accept these payments as income as we consider them temporary sources of income. Here’s a handy list of Centrelink payments we do accept:
- Aged care pensions and disability pensions
- Carer’s allowance
- Family tax benefit
- Veterans allowance
- Widow or widower’s allowance
We encourage anyone who is on the hunt for tiny loans to apply here!
Is a small personal loan right for you?
Therefore, if you’re not sure which loan suits your needs then feel free to give our friendly customer service team a call and they can help point you in the right direction. Once you have completed our online application, the customer service team will begin processing your loan.
|So, who is this product for?||Those who are looking for a fast processing short same day approval loan|
|How To be eligible to apply for a same day approval loan|
- Must be over 18 years of age
- An Australian citizen or permanent resident
- Have a regular source of income for at least 3 months prior to applying
|What repayment terms do you offer?||For small loans, up to 12 months. Repayment terms will vary depending on each applicant’s bank.|
|Loan types available||Fixed|
So, why wait? Micro loans could be just one click away!
If you’re in need of a tiny pick-me-up, Jacaranda Finance is here to help! Our micro loans are for everyday Australians who need a spare buck, lighting fast.
We know that time is money, so we have created a quick micro loan application with a turnaround time that’s just as speedy. It’s fast and easy for your convenience. We value your time and money, so we adhere to responsible lending practices to save you from unmanageable debt.
Hopefully you now have a better handle on the concept of personal loans! So, apply today to begin your financial journey with Jacaranda Finance.
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Keen to read more… Jacaranda could provide an online loan fast approval!