Money finance

How to finance your money

Whether you are renovating your house, buying a car, booking a holiday or just trying to stay on top of bills, there are plenty of situations where some fast cash would come in handy. If you need money finance, Ozzie Loans offers two easy alternatives—a personal loan or a line of credit—and you can apply for either option online in a matter of minutes. As well as having a simple and fast application process, our assessment process is super quick too. If you apply for your loan during business hours, in many cases, you’ll receive an outcome within the hour.

Unlike with some money lenders, at Ozzie Loans, you won’t need to wait days to find out whether your loan application has been successful. If your loan is approved, as soon as you’ve accepted the loan terms, we can transfer the funds to your bank account. Transfer times will vary between banks, but in some cases, the money will be in your bank account in less than an hour.

So if you need money finance, how do you know whether to choose a personal loan or a line of credit? When making your decision, you’ll need to consider several factors such as how much money you need to borrow, what you are borrowing it for and your own financial circumstances. Each option will also come with different fees, charges and interest rates, so you’ll need to assess the different costs of each alternative before going ahead.

With a line of credit, you’ll be offered pre-approved finance up to a certain credit limit. Once you have paid back any credit you have used, it will become available for you to use again. Having a revolving line of credit can provide you with peace of mind knowing that if you are suddenly faced with unexpected expenses such as urgent car repairs or emergency home improvements, you’ll be able to access some cash. It can be reassuring knowing you have a little bit of extra money to spend throughout the month before your next paycheck if the need arises. A line of credit also provides flexibility if you are not sure exactly how much money you need to borrow in the first place.   

If you need money finance, an alternative to a line of credit is to apply for a personal loan. With a personal loan, you’ll be borrowing a lump sum of money that you’ll need to pay back (with interest) in regular instalments over a set period of time. At Ozzie Loans, you can apply for a personal loan from $5,000 to $50,000, and with our fixed interest rates, you’ll know exactly what the repayments will be for each payment period. Personal loans can be a good choice if you need to finance a one-off large purchase such as buying a car or paying for a wedding, and our fixed repayments can help with budgeting.

How much money do I need to finance a car?

If you’ve found an amazing deal on the car of your dreams and you need cash today, with Ozzie Loans unsecured personal loans, you can get money finance without needing to provide an asset as security. You can apply online now in just five minutes. With our streamlined assessment process, if you apply during business hours, you should answer within one hour. We understand that to secure a good deal on a car, you won’t always have time to waste. Apply for a personal loan at Ozzie Loans today, and you could be driving away in your new car before you know it.

How to finance a small business with no money

The prospect of setting up a new small business in Australia is very exciting, but it can also be a costly exercise. Ozzie Loans is a personal lender, we don’t finance businesses, but that doesn’t mean you can’t apply for a personal loan to help you get your business up and running. As our online loans are unsecured loans, you won’t need any capital to apply. If you’d like to find out more about our personal loans, contact Ozzie Loans today. Our friendly team would love to chat with you.

To apply for either a personal loan or a line of credit from Ozzie Loans, you’ll need to be at least 18 years old at the time you apply, a permanent resident of Australia and currently employed. If you meet these criteria, we’ll then assess your loan application based on several factors such as your income, living expenses, existing debt and your credit history. Being a tech-savvy lender, our smart technology allows us to process your application without the need for extensive paperwork. In fact, in most cases, we won’t even need to speak to you. Want to get started? Apply for money finance today via our website in just 5 minutes.