I would like to borrow
$5,000
and pay it back over
36 months
Our standard term is 12 months for loans under $2,000

8.69% (comparison rate 12.05% pa)*(2) starting rate with no ongoing fees. Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months a borrower with an excellent credit history. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan.

Steven P. Review
"The service was excellent & fast!"
Steven P

Looking for a simple and fast personal loan?

  • Simple & Easy Application
  • Quick Loan Outcomes
  • Instant Transfers
  • 100% Online

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What loans do we offer?

What loans do we offer?

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Borrow from Australia's award winning lender

How Is Jacaranda Different?

We can get you on a
path to better credit.

If you have bad credit history, but you’re in need of a personal loan, you have come to
the right place.

Your Credit Rating
Credit Rating Path Credit Rating Path
GOOD CREDIT
From 10.99%
CREDIT
BUILDER PLUS
From 14.99%
CREDIT BUILDER
From 21.24%
We can help you build a credit history.

Credit criteria and terms and conditions apply. Representative example: based on a loan of $10,000 over 36 months a borrower with an excellent credit history can expect to pay a total of $11,965.68. Interest rates vary subject to a full credit assessment. This represents a comparison rate of 12.05% p.a. and includes all interest and fees included in your loan repayments over the life of your loan. For our personal loan product the APR starts from a minimum of 8.69% (12.05% comparison rate) and a starting maximum of 21.24% (32.52% comparison rate). The minimum loan term is 9 months and the maximum loan term is 36 months. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan.

Frequently Asked Questions

Want to know more? Find out all the answers to our most common questions about personal loans.

See all FAQs

The basics to be eligible to apply for a Jacaranda Personal Loan are:

  • 18 years of age
  • Have internet banking for the account your income is deposited into
  • Have regular consistent income going into a bank account
  • Have at least 90 days of bank statements. This can be across different bank accounts.
  • Be an Australian Citizen or Permanent Resident

It is free to apply with us. If you are not sure if you will meet our criteria, we encourage you to complete an application so we can look into your individual situation. We treat every application on its merits on a case by case basis. We understand that everyone's situation is different. Loan applications are only accepted online.

The purpose of our application form is to get a better understanding of your financial position. You should be able to answer most questions on your own.

Besides basic questions, we will ask you to submit a digital bank statement to us. We use third party technology to gain read only access to your bank statements. We are also required to identify you, which we do electronically using ID numbers. Please have your identity documents such as a drivers licence handy.

On occasion we will need other supporting documentation which our loan specialists will request if needed.

We lend to people with bad credit, good credit and no credit rating.

As a responsible lender, we do perform credit checks on eligible applicants. Credit checks play a small role in our decision making. We focus more on your present financial position than your past financial position.

We will never perform a credit check without your express consent which you provide to us when you apply for a loan with us. We store your acknowledgement and consent for 7 years and it can be supplied on demand.

There are three Credit Reporting Bodies we may use:

Equifax Pty Ltd (Equifax)
W: www.equifax.com.au
PP: www.equifax.com.au/privacy
T: 13 8332

Experian Australia Credit Services Pty Ltd (Experian)
W: www.experian.com.au
PP: www.experian.com.au/contact-us

Illion (formerly Dunn & Bradstreet)
W: www.dnb.com.au
PP: http://dnb.com.au/privacy-policy.html
E: publicrelations@dnb.com.au
T: 1300 734 806

Applications can be submitted 24 hours a day via our website application form. Most applicants get an outcome from us at the end of the application, 24 hours a day, 7 days a week.

Our office hours are:

  • 7 am to 7 pm – Monday to Friday
  • 8 to 4 pm – Saturday
  • CLOSED - Sunday

There will be cases where we need additional documents or information from you. If you have applied outside of business hours, we will contact you when business hours resume.

Most applicants have a final outcome within 60 minutes during normal business hours. Approved applicants then have their cash in their bank account 60 seconds after accepting their digital contract.

Our people are the most important part of the business. Culture is at the forefront at all times and we pride ourselves on building a culture of innovation, learning, and collaboration.

Daniel Wessels | CEO

Want to join the
team?

Find out more about what it’s like to be a part of Jacaranda Finance and the current opportunities we have available.