Home > Personal Loans Australia – $300 – $10,000
Personal Loans Australia – $300 – $10,000
Personal Loan Australia: What are they?
Looking to buy something special for you or your family? Or perhaps you need some extra cash to cover unexpected bills? Regardless of what you need money for, Jacaranda Finance could offer you personal loans Australia in a jiffy! Keep reading to learn more about our loan products and our easy application process.
Personal Loans Australia with Jacaranda Finance
First and foremost – who is Jacaranda Finance? Well, we’re an 100% online lender that can offer you fast and easy personal loans, without any hassle or long waiting times. We’re unlike traditional lenders. With us, you don’t need to travel anywhere to get a loan or bother with any paperwork at all. We also have a speedy online application process that you can complete from the comfort of your own home. You could apply anywhere – anytime and receive super fast outcomes! Sound good? Let us tell you about the personal loans Australia we could offer you.
Jacaranda Finance offers three types of personal loans – small, medium and large personal loans. Our medium and large loans are secured. Each of our loan types are different and have it’s own unique set of requirements and specifications. The below table outlines everything you need to know about our personal loans Australia.
|Loan Type||Secured Options||Loan amount||Loan term|
|Small Loan||Unsecured||$300 to $2,000||12 months|
|Medium Loan||Secured||$2,001 to $4,600||13 to 24 months|
|Large Loan||Secured||$5,000 to $10,000||13 to 24 months|
Unsecured vs secured personal loans?
Jacaranda’s small loans are unsecured, which means you don’t need to provide any asset for security. However, this could mean more risk for the lender, so the interest rates may be higher with a small unsecured personal loan. On the other hand, a small personal loan is great if you need some extra cash to cover any purchase or to solve current cash-flow problems.
Secured loans are medium and large loan amounts, and require you to provide an asset for security. This could be any type of vehicle, such as a car, motorbike or caravan. Due to the less risk for the lender, you may get better interest rates and the loan amount could cover larger purchases for personal purposes. Additionally, if you somehow are not able to repay your loan, the lender could take possession of your asset to cover the cost of the loan. The good thing is, Jacaranda Finance won’t offer you a loan that you won’t be able to repay. You can rest assured knowing we will only offer you a loan that suits you and your financial needs.
How do I repay my personal loan Australia?
You can easily figure out the repayments of your loan by scrolling up to our loan calculator at the top of this page. This tool enables you to choose a desired amount, the length of the repayment period and whether you want to repay in weekly, fortnightly or monthly instalments.
Knowing what your repayments might be will be super helpful when it comes to keeping an eye on your finances. Additionally, personal loans will usually incur a few extra fees on top of the stated monthly or interest fees. These are not fees you are required to pay, but rather extra fees if something were to happen and your loan repayments don’t run as they should. This, for example, could be if you miss or fail to make a payment. Missed payments could charge a dishonour fee. However, these fees shouldn’t be extensive or unexpected. Any and all fees will be stated in your contract and clarified for you before you sign anything. It’s also important to keep in mind that we wont charge an early payout fee.
Why choose Jacaranda Finance?
We are proud to say that we adhere to responsible lending practices. Responsible lending means that we will carefully assess your application and see that you can comfortably repay the personal loan Australia you are applying for. At the same time, we are determined to give every Aussie a fair go at getting the loan they need. We look at the big picture of your finances. You could even get a personal loan with bad credit! Even though we will conduct a credit check, it’s not the only thing we look at when assessing your application. We look at your bank statements to verify your income and view your spending habits.
No hidden costs or fees
Jacaranda Finance is all about transparency. When you receive your loan contract, we will always show you the total cost, as well as all the fees and charges associated with your personal loan. We encourage you to carefully read through your contract before signing it digitally. Use MoneySmart’s personal loan calculator to learn how you can repay your loan sooner.
Additionally, if you want to learn more about the costs of our personal loans, head over to our costs page for more details.
Easy application – fast outcomes
We utilise the best technologies and procedures to deliver you with a fast and informed decision about your application. If you apply during our business hours, you could receive an outcome in 60-minutes after applying! Additionally, if you have an NPP-enabled bank account, your funds will be transferred in just 60-seconds after we’ve received your signed contract.
To sum up – Jacaranda Finance offer personal loans Australia ranging from $300 up to $10,000. We are easy to deal with, and always just an email or phone call away. Talk to us on 1300 189 823, we’ll answer any question you may have. Whether you need a small-pick-me up or a larger sum of money, we’re here to provide you with fast personal loans Australia without the hassle.
Scroll up and apply for a personal loan Australia today!