Product | Interest rate from | Comparison rate from | Upfront fee | |
---|---|---|---|---|
Express Personal Loan (Secured) (Fixed) |
14.95% p.a.to 27.95% p.a. |
29.30% p.a.to 42.8% p.a.based on $10,000 |
$990.00 |
Go to site |
Express Personal Loan (Unsecured) (Fixed) |
17.95% p.a.to 27.95% p.a. |
32.40% p.a.to 42.8% p.a.based on $10,000 |
$990.00 |
Jacaranda Finance - Express Secured Personal Loan
The Secured Express Personal Loan from Jacaranda Finance offers fixed rates on loans over $5,000 and up to $25,000. Loan terms range from 24-48 months for this option, but be wary of the establishment and monthly fees.
However, as this is a secured loan, you will need to provide an asset to guarantee the loan. The addition of securing an asset makes the secured interest rates from Jacaranda Finance cheaper than the unsecured loan, as this provides the lender with more assurance you won't be a risky borrower.
Jacaranda Finance - Express Unsecured Personal Loan
Jacaranda Finance also offers a Unsecured version of their Express Personal Loan, which allows for loan amounts of $5,000 to $15,000. This loan has a wider range of loan terms, ranging from 24-36 months, allowing you more time to pay it off.
However, there are some hefty establishment and ongoing fees, as well as a risk fee. It's worth noting that for both loans, you will have a flexible repayment cycle.
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 19 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 driver's 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).
Mozo users have rated Jacaranda Finance personal loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
2 Reviews
Had no problems at all. Straight forward and to the point.
Read full reviewHad no problems at all. Straight forward and to the point.
They only rate you on basis on what's on your bank transaction. If they decided you don't qualify for a loan, they will still send you email in a week's time regarding applying for a loan and you decline again. Be aware that this can actually lower your credit rating. The worst part is even if unsubscribed they still keep sending you emails saying that you qualify for a loan. It's run by a bot generated system.
Read full reviewThey only rate you on basis on what's on your bank transaction. If they decided you don't qualify for a loan, they will still send you email in a week's time regarding applying for a loan and you decline again. Be aware that this can actually lower your credit rating. The worst part is even if unsubscribed they still keep sending you emails saying that you qualify for a loan. It's run by a bot generated system.