Rates and fees verified as correct at 28 November, 2020. Other information correct at the time of writing. Advertiser disclosure.
| Product | Interest rate from | Comparison rate from | Upfront fee |
|---|---|---|---|
| Unsecured Personal Loan (Fixed, Excellent Credit) | 7.59% p.a.to 8.89% p.a. | 12.24% p.a.to 13.91% p.a.based on $30,000 | $699 |
| Unsecured Personal Loan (Fixed, Prime Credit) | 7.59% p.a.to 8.89% p.a. | 12.24% p.a.to 13.91% p.a.based on $30,000 | $699 |
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.
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Prime Credit Personal Loan (Fixed)
Jacaranda Finance’s Prime Credit Personal Loan (Fixed) could be the perfect way to fund your next home reno or wedding day. This loan is unsecured, meaning you won’t have to put up any assets as collateral. Plus, the rate is fixed so you’ll always know what your repayments will be. Customers can borrow anywhere between $3,000 and $10,000 and opt for a loan term from 1 to 5 years. There’s the choice of a weekly, fortnightly or monthly repayment schedule, as well as the option to make extra repayments and redraws. There’s no monthly service, exit or early repayment fees attached to this loan - just keep an eye out for the hefty application fee and late payment costs.
Excellent Credit - Fixed Personal Loan Unsecured
Got an excellent credit score and after a hot personal loan option? The Jacaranda Finance Excellent Credit - Fixed Personal Loan might be the choice for you! With this loan you can give yourself peace of mind knowing the rate is fixed, so your regular repayments will stay the same. Plus, you can choose a weekly, fortnightly or monthly repayment schedule and make free extra repayments and redraws. Another perk is that you won’t need to fuss about putting up your belongings as collateral as this loan is unsecured. And if you're after big ticket items, you’ll be pleased to know you can borrow anywhere between $10,100 and $30,000 and choose a loan term from 1 to 5 years. Keep in mind though, that while there are no monthly service, exit or early repayment charges, you’ll have to budget for a large application fee upfront and late payment costs.
Jacaranda Finance is a digital lender, so applications are done online. In order to qualify for a loan you must meet the following criteria:
Be at least 18 years old
Have internet banking for the account your income goes into
Have a regular income going into a bank account
Have a minimum of 90 in bank statements (this can be across multiple banks)
Be an Australian citizen or permanent resident
If you satisfy the eligibility requirements above, you will need to supply identification documents to Jacaranda Finance. This could be your drivers licence, photo card or passport. Depending on your case, you may need to supply other supporting documents to a loan specialist (this will be requested if needed).
