If you are looking for a short term personal loan to fund a wedding or future holiday, the Cashify Personal+Plus Loan could be a savvy way to do it. This unsecured personal loan comes with interest rates starting at 8.50% (9.91% comparison rate*) plus has flexible weekly or fortnightly repayment options. Customers can borrow anywhere from $5,000 to $50,000 and choose a loan term anywhere between six months and three years.
Like many personal loan providers, Cashify’s interest rates are tiered depending on your credit history and financial background. If you’ve got excellent credit you may be able to take full advantage of the competitive 8.50% (9.91% comparison rate*). Just bear in mind though, interest rates on this loan can go as high as as 29.99% (35.86% comparison rate*) so compare your options before committing.
The Personal+Plus loan is available for amounts anywhere between $5,000 and $50,000, and comes with a choice of loan terms from six months to seven years. Not only that, customers have the choice to make weekly or fortnightly repayments, it’s whatever suits you.
Another perk of Cashify Loan’s Personal+Plus loan is that you won’t have to wait around for funding. Once you sign the approved contract funds will be transferred within 30 minutes ( 9am and 9pm, Monday to Friday or the next business day.
Be mindful though, this loan has some fees attached to it. There is a $498 establishment fee and a $10 monthly fee. There are also a bunch of penalty fees like a $10 late payment fee, $14 reschedule fee and $30 dishonour fee, so make sure that you set up automatic repayments so that you won’t be caught out.
To qualify for this loan you must be over the age of 18, currently employed and have a minimum income of $50,000 p.a. So, this product could be a great option for someone that ticks all those boxes and is in need of a short-term loan option.
Remember, the interest rate on this loan is calculated on a case by case basis, so if you have a great credit history and are a strong applicant this loan could benefit you. If you don’t, try Mozo’s rate matcher tool first as it will show you personalised rates based on your credit score.
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Variable |
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|
8.50% p.a.variable |
|
|
14.20% p.a.to 35.86% p.a.based on $10,000 |
|
$498.00 |
|
|
$10.00 |
|
|
$10.00 |
|
|
n/a |
|
|
150 |
|
$5,000.00 |
|
|
$50,000.00 |
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|
1 Year |
|
|
7 Years |
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|
Unsecured |
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Weekly, Fortnightly, Monthly |
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|
none |
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no |
|
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none |
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none |
WARNING: The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rates displayed are calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
OurMoneyMarket
Low Rate Personal Loan
5.45% p.a.to 8.48% p.a.
6.07% p.a.to 8.84% p.a.based on $30,000
over 5 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
Plenti
Unsecured Personal Loan (Fixed)
6.39% p.a.to 7.89% p.a.
6.39% p.a.to 8.49% p.a.based on $30,000
over 5 years
Latitude
Personal Loan
5.75% p.a.to 25.99% p.a.
6.68% p.a.to 29.2% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 19.95% p.a.
5.95% p.a.to 19.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
8.49% p.a.to 11.19% p.a.
8.85% p.a.to 11.56% p.a.based on $30,000
over 5 years
loans.com.au
New Car Loan - Prime Special
6.09% p.a.
6.64% p.a.based on $30,000
over 5 years
Latitude
Car Loan
6.99% p.a.
8.24% p.a.based on $30,000
over 5 years
Wisr
Secured Car Loan
5.09% p.a.to 10.74% p.a.
5.92% p.a.to 11.61% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
5.45% p.a.to 8.48% p.a.
6.07% p.a.to 8.84% p.a.based on $30,000
over 5 years
Harmoney
Unsecured Personal Loan
5.35% p.a.to 19.09% p.a.
6.14% p.a.to 19.99% p.a.based on $30,000
over 5 years
NOW Finance
Unsecured Personal Loan
5.95% p.a.to 19.95% p.a.
5.95% p.a.to 19.95% p.a.based on $30,000
over 5 years
OurMoneyMarket
Low Rate Personal Loan
8.49% p.a.to 11.19% p.a.
8.85% p.a.to 11.56% p.a.based on $30,000
over 5 years
Great Southern Bank
Unsecured Personal Loan (Fixed)
9.39% p.a.
9.64% p.a.based on $30,000
over 5 years
Latitude
Personal Loan
5.75% p.a.to 25.99% p.a.
6.68% p.a.to 29.2% p.a.based on $30,000
over 5 years
