Discover Jacaranda Finance

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FAST APPROVALS

Quick Turnarounds & Decisions
$300 $4600
$2000
Adjust the above slider to your desired loan amount
Weekly
Fortnightly
Monthly
(you will be sent a verification code by SMS)

Loans from $2100 to $4600 require a car, motorbike, boat or caravan to be provided as security. If you cannot provide security, please apply for $2000 or less.

Responsible Lending

Responsible Lending

Jacaranda Finance is committed to the practice of responsible lending. We ensure that we only lend to customers when we know they can comfortably afford our products.

Our service is designed to put you in control of your cash flow, for those times when the occasional emergency or unexpected bill catches you off guard.


Assess loan affordability

At Jacaranda Finance we understand the importance of accurately assessing an applicants affordability and suitability situation for one of our products. We see affordability as a measure of an applicant’s capacity to fund new and outstanding debts, currently as well as in the future. Therefore, we undertake reasonable enquiries to verify your financial situation and ensure you can comfortably repay your loan now and in the near future.


Flexible loans

Varying loan amounts are available with Jacaranda Finance. Personal Loan amounts range from $500 to $2000. Initially, all loans have a 12-month loan term. However, you can pay your loan out at any stage with NO additional fee’s or charges.


Income

As part of our commitment to responsible lending, customers need to have regular income going into a personal bank account. We accept applications from people who are employed as well as people receiving Government benefits, providing they meet our eligibility criteria.

To qualify for one of our Personal Loans, you must:


Transparent service

Jacaranda Personal Loans comply with all relevant Commonwealth and State Legislation. There are no hidden fees or surprises. We are very transparent, and all of the costs associated with our loan products are described in detail within your loan contract once approved. There is no obligation to take us up on an approved loan. If you are not happy with what is on offer you may withdraw your request at no cost.

Refer to our loan calculator to get an idea of what your repayments will be. If costs increase, it will be because you have failed to honour your loan agreement!


ID verification

Part of our responsible lending process includes collecting personal information. We take fraud very seriously. Identification information you provide us when you fill out an application will be used to conduct an e-verification (an online identity verification). At the time of your application we will specifically seek your consent for these verifications and checks to be conducted. Should you not agree to have your identity verified by these means, please contact us so as we can discuss different options with you such as confirming your identity with your employer.
Ultimately we want to ensure it is really you who is taking out the loan and that the funds are sent to the correct bank account.


Credit check

As a responsible lender, we do carry out a Credit Check on eligible applicants. We are more lenient than traditional institutions such as Banks; however, we too have ideals to follow. As long as your current financial situation is looking good, we will happily consider your loan application. Bad credit loans are based on your capacity to meet your loan repayments and future credit worthiness.


Are you a responsible borrower?

While it is important when applying for a line of credit to choose a company that practices responsible lending, it is just as important to make sure that you use a personal loan responsibly. This is what we trust you will do with a Jacaranda Finance Online Loan! Manage your money wisely.


Guidance and Warning About Borrowing

We strongly advise that you think carefully before applying for a Jacaranda Personal Loan, because we expect it to be repaid as agreed. We describe the potential consequences of failing to repay as promised in our FAQ’s and costs section.

*The following statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:

The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.

*This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.

Example of how our small personal loans work

Loan amount

$300 minimum
$2,000 maximum

Costs

Up to 20% Establishment Fee charged upfront + monthly fee up to 4%

Under the current legislation Jacaranda Finance Pty Ltd does not charge an annual interest rate. You may know this as Annual Percentage Rate or APR(%).

Terms

16
weeks minumum
50
weeks maximum

Example:

Loan Amount of $1,000 over 50 weeks repayable weekly $1,000 (Principle Amount) + $200 (20% Establishment Fee) + $480 (fees based on 4% per month over 50 weeks) = $1,680 total repayable in 50 weekly installments of $33.60.

Example of how our medium secured personal loans work

Loan amount

$2,001 minimum
$4,600 maximum

Costs

Annual Percentage Rate (APR) is 48% Comparison rate is 66.0347% p.a.

This comparison rate is based on a Jacaranda Secured Medium Loan for an amount of $2500 over 2 years and a $400 establishment fee. Fees and charges are payable.

Terms

13
months minumum
24
months maximum

Example:

Loan Amount of $3,000 over 18 months repayable weekly $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,378.87 (other fees) = $4,840.14 total repayable over 18 months with weekly instalments of $61.27.

For more information about the allowable fees and charges for SACCs & MACCs visit the MoneySmart website.

What our clients say

Responsible Lending Overall rating: 4.7 out of 5 based on 147 reviews.

Great easy application

★★★★★
5 5 1
Very fast easy to apply thank you so much