Easy Finance

For most of our applicants, you'll receive an answer about your easy finance loan in a few minutes, but we may schedule a phone call to discuss it for some more complicated applicants. When you're approved, the funds can be made available in less than a day. With an unsecured personal loan from Ozzie Loans, you have access to fast cash at any time. In addition, you can make extra repayments on your loan at any time without receiving any penalties or incurring an additional fee.

What is easy finance?

Easy finance usually relates to cash loans that are reasonably easy to obtain. While all personal loans are only approved to those that can consistently make the repayments, unsecured loans can often be approved in only a few minutes. With modern technology, we use tools that can assess each applicant faster than older traditional lending methods. At Ozzie Loans, we focus on online loans to people who need fast cash. There can be many reasons you need cash quickly, but the most common is that something has happened out of the ordinary. It could be that your monthly budget is interrupted by something you had not expected, and you need an easy finance loan to get you back on your feet. For example, your car may have broken down, and you need to get a replacement or pay for the repairs. If you go to a bank for a loan to cover smaller expenses, like mechanical repairs, you may be offered a credit card. But these are often relatively high in interest, and they generally do not have a confirmed end date, which makes them harder to navigate and make regular repayments. As a result, many people are moving away from credit cards and relying on smaller personal loans to make purchases as the interest rates are better.

When you choose an unsecured personal loan from registered money lenders, you'll be provided with a confirmed end date, at which point the loan is finalised. Taking out a fast cash loan is easier to control as you'll know precisely what the monthly repayments are, and if you wish to make additional payments and get ahead, you can do that without any penalties. We actually encourage our customers to pay out their loans early if it is possible for them to do so comfortably. In addition to getting you out of a bind, easy finance can be used for many other reasons. For example, if you're planning a holiday with your family and friends. If you haven't been able to save for the trip, you can take out a loan and then pay it back over a predetermined time. With an Ozzie Loans personal loan, you can choose the length of the loan. You’ll find a personal loan calculator on our website to work out which loan length is best for you, based on what you can afford each month.

Where can I get easy finance loans?

At Ozzie Loans, we have easy finance loans; these are our unsecured personal loans. When you need cash today, the fast approved unsecured personal loan is your best option. Unsecured loans work a little differently from standard secured loans, but the main difference is they are much easier to apply and be approved. With a secured loan, you'll usually need substantial assets linked to the loan. This asset can be a vehicle or your home, and it often needs to be valued much higher than the total of the loan. When you have an asset being used as security, it can be difficult to dispose of that asset while the loan is still active. Secured loans, while they offer a lower interest rate than an unsecured loan, can take a few weeks for approval. However, the funds can be available within a day, just like an unsecured personal loan after they’re approved.

For anyone who needs fast cash, a small unsecured personal loan is often the better choice. While the interest rate may be higher than a secured loan, it is often much lower than a credit card. Many people take out an unsecured personal loan to help them clear credit card debt. If you are in stable employment or have other regular income (e.g., a pension), you can apply for cash loans online. However, if you're concerned about how the loan will affect your monthly budget, you can use our online loan calculator to show you an example of what your repayments will be based on the amount you borrow and the loan term.

What credit score do you need for easy finance?

Your credit score may have some impact on your ability to secure easy finance. If you are concerned about your credit score stopping you from getting a loan, you can check it through many free websites. In addition, government agencies can offer assistance about what you can do to find and improve your credit score. Generally, the higher your credit score is, the easier you will find a loan. However, that does not mean that a lower score will exclude you from an offer of easy finance. 

In most cases, financial institutions see a person with a low credit score as a higher risk, especially if the debt has not been paid. If you have a service provider report you for default, it can take up to 7 years to clear it from your name. However, if the payments have not been made, the service provider can record another default against you every seven years. Therefore, it is best to pay out any existing credit defaults as soon as possible. Then, occasionally, you can clear your credit score and follow the advice given out by government agencies to make sure your credit score improves.

While your credit score can impact your ability to obtain finance, it does not exclude you from applying. With Ozzie Loans, you'll often receive an answer regarding approval in a few minutes (during our business hours). However, for complicated loans, such as a poor credit-rated applicant, it may take additional time. Our loan approvals focus more on your ability to comfortably make the payments rather than your credit history. Regardless of your credit score, you can apply for our loans online.