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Need Money Fast?
Personal Loans up to $10,000
Money in your bank account and ready to use in 60 seconds once approved*(1)
Need cash now? Apply for a personal loan
Are you in a difficult financial situation? Have bills caught you off-guard and left you stressed? If you need money fast, a quick cash loan could be your solution!
Have you been searching ‘I need money’? Jacaranda Finance could provide you with a personal loan from $300 to $10,000. We offer flexible repayment terms from 12 to 24 months so you can pay back your loan comfortably.
What to do when you need money today
If you need money ASAP, a personal loan could be a suitable option for you to borrow money. We offer three types of personal loans: small loans, medium loans and large loans.
Small loans are unsecured personal loans from $300 to $2,000. These loans can be paid back over 9 to 12 months.
Medium loans are secured loans. This means that you must attach an asset to your loan as security. These loans range from $2,100 to $4,600 and can be repaid from 12 to 24 months.
Large loans are also secured loans that range from $5,000 to $10,000. These loans can be used for larger purchases. The repayment terms are also 12 to 24 months.
For more information about our loan options, as well as our fees and charges, please visit our personal loan interest rates page or use a personal loan calculator.
Can I get an instant loan?
We offer lightning-fast loans, with processing times as short as 60 minutes*. However, we cannot offer instant loans. This is because all of our applications are subject to a full assessment to ensure the applicant can afford their loan repayments.
Jacaranda Finance loans are as close to an instant loan that you can find! Rather than turning to lenders that may offer you a ‘payday loan’, we offer flexible repayment terms so that you can pay back your loan comfortably. While we cannot offer instant loans, we can offer very quick loans so that you can access your money ASAP.
What can I use my loan for?
You can use an online personal loan for an array of reasons. Whether it’s a much-needed getaway or an urgent trip to the doctor, a fast cash loan with Jacaranda can be used to cover the expenses. Here are some of the most common reasons people have taken out a personal loan with us:
Can I get a loan with bad credit?
If you need money fast with bad credit, it can be difficult to find approval from a traditional lender. At Jacaranda Finance, we can take a more inclusive approach to lending. While we must still conduct a credit check on all of our applicants, we will focus more heavily on your current financial situation.
We use a bank statement service called Credfin to look at read-only copies of your bank statements, focusing on your income and spendings. Following our assessment, if we determine that you can afford your loan repayments even with bad credit, we may be able to provide you with a bad credit personal loan.
All of our loans are subject to assessment. We adhere to the responsible lending obligations set by ASIC, so we will never lend you money they cannot afford to repay.
Getting money fast – how it works
Jacaranda Finance is a 100% online lender. This means that from application to approval, everything is done online. This takes away the piles and paperwork and long waiting times that are often associated with personal loans from traditional lenders like banks and credit unions.
Our online application form takes people on average 8 minutes to complete. If you apply within our business hours, we could get back to you with an outcome within 60 minutes*. All you need to apply is a few spare minutes and a device with an internet connection.
Once we have received your signed contract, we will transfer your funds straight to your bank account. Depending on which bank you are with, these funds could be ready for you to use within 60 seconds**. We are the first lender in Australia to offer 60-second payouts! When you need cash fast, Jacaranda is here to help.
There are a few simple eligibility requirements all of our loan applicants must meet before we can approve their loan. Please ensure that you meet the following criteria before you apply:
- You are at least 18 years old
- You have had a regular income into your bank account for the last 90 days
- You are an Australian citizen or permanent resident
- You have an email address and mobile phone number
- You have internet banking set up
There are a few documents that must be supplied with your application for our team to process your request. To make your application process faster, please ensure you have these documents handy when you apply:
- 100 points of identification (licence, passport, birth certificate, medicare card – any combination of these documents that make up 100 points)
- Your basic personal information (name, D.O.B, address etc.)
- Online banking login details (so we can access read-only copies of your bank statements)
- The reason for your loan application
- Your myGov details (if you receive Centrelink benefits)
How to apply
Do you need money today? Apply for a personal loan with Jacaranda by following these simple steps:
Step 1: Apply online
Step 2: We assess your application
Step 3: We let you know whether your application was successful
Step 4: If your application was approved, review and sign your contract
Step 5: Receive your money
How quickly can I get a loan?
If you apply within our business hours, we could approve your loan application within one hour** (processing times may vary depending on your individual circumstances). The application takes on average 8 minutes to complete.
Can I get a loan on Centrelink?
We offer personal loans to Centrelink customers. We consider most Centrelink benefits as regular income. As long as you have been receiving your government benefits for the last 90 days and you meet the rest of our eligibility criteria, we may be able to provide you with a personal loan. Unfortunately, we are unable to offer loans to people receiving study benefits and Jobseeker because these are considered temporary income.
How do you process your loans so quickly?
We can process our applications so quickly because we are 100% online. We use advanced data technology to access screenshots of your bank statements (this is why we need your bank details) so that we can quickly determine whether a loan is affordable for you.
What are your fees and charges?
The fees and charges on your loan will depend on a few factors, like how much you are looking to borrow and your credit score. For information about our fees and rates, refer to our personal loans interest rates page.
How much can I borrow?
You can borrow any amount from $300 to $10,000 with a Jacaranda personal loan. Repayment terms will vary depending on how much you wish to borrow.
Can I get a personal loan if I’m unemployed?
We offer fast cash loans for unemployed people who receive Centrelink benefits. As long as you have been receiving your benefits for the last 90 days and meet the rest of our eligibility criteria, we may be able to provide you with a loan.
5 alternative ways to get money ASAP
Taking on a personal loan is a big responsibility. Once you have signed your loan contract, you are legally bound to the agreement including all of its terms and conditions. If you need to get money ASAP, there are a few other options for you to consider before taking out a personal loan.
Sell spare electronics
Depending on the type, age and brand of your electronics, they could be worth hundreds or thousands of dollars. Apple products, depending on the make and model, are often worth hundreds of dollars especially if they are near new. You could also consider selling spare laptops, televisions or gaming consoles that are unused in your household if you need cash fast.
Get a credit card
A credit card enables you to spend up to a certain limit on goods and services. The amount must then be paid back with fees and charges added on top. This can be great for a quick cash fix, as you can either choose to repay your entire credit card balance or the minimum repayment amount. Whether it is to hold you over until your next payday or to cover a large holiday, a credit card could be a viable option for you.
Request a Centrelink advance payment
If you receive Centrelink benefits, you could consider requesting an advance payment. What this means is that Centrelink will pay out a lump sum payment for you to pay back out of your future repayments. For more information, visit the Department of Human Services.
Hold a garage sale
If you have a lot of items in your house that are not used, consider holding a garage sale. You could declutter your home and make some extra cash at the same time! You could consider selling clothes, books, pots and pans or even furniture.
Consolidate your debt
If you are struggling to keep up with multiple debts, and often incur late or default fees, it could be worth considering a consolidation loan. This could minimise the expenses of fees on multiple loans as well as different interest rates. At Jacaranda, we offer consolidation loans up to $10,000. This could help you get cash today to tackle your existing debts and allow more cash liquidity.