Personal Loan Eligibility

If you’re looking for a more flexible credit alternative, we have a line of credit option that can help you out. This revolving line of credit offers customers access to pre-approved credit limit of up to $15,000. We offer customers the choice of fixed rate personal loans and a line of credit, both designed to be accessed as soon as possible.

As a completely online money lender, our personal loan eligibility criteria are just as responsible as any other lender you might have used in the past. We offer fair, affordable finance in record time and save our customers lots of unnecessary headaches and time-consuming application hoops to jump through. Not sure if you meet our personal loan eligibility conditions? Read on to learn how you could apply for a fast personal loan Australia with Ozzie Loans, get approved and get the cash you’re looking for transfer into your account within 24 hours.

Our range of easy finance options is designed to ensure that our customers receive the fast cash they need sooner rather than later. Personal loans can be used for all kinds of uses. Wherever a fresh injection of fast cash can help them most is where a new personal finance option should go. Credit funds can help you cover all of life’s little expenses that often crop up at the worst possible time. Use a small personal loan from Ozzie Loans today to help you pay for things like emergency car repairs, personal medical costs like procedures, or you could even consolidate all of your smaller debt and pay it out with a simple, single loan instead.

Are you in the process of moving to a new rental property? We can help you cover all of those associated costs smoothly and comfortably with our range of smaller sized loans, perfect for covering spot costs quickly and painlessly. Changing rental properties can sometimes be an expensive life event with a lot of money to pay upfront. There’s the bond payment, the movers, any cleaning and garden maintenance for the old property plus rubbish removal, fumigation, purchasing new furniture and getting rid of old pieces, etc. Even if you are committed to the cheapest moving option and you’ve chosen to move all of your belongings yourself, you could still find yourself needing additional help like hiring a large enough vehicle to help with the move. Add all of these expenses up, and your regular pay packet may not be able to cover everything, leaving you with little to actually live on once you’re in the new place.

Choose the easy and convenient finance option instead and save yourself the money, worries and stress. Check your personal loan eligibility online today with Ozzie Loans and apply for a fast online cash loan for what you need to move in style. Enjoy repaying your borrowed amount in your own time using our line of credit option, or choose a fixed rate personal loan with a set loan term and repayments.

How to calculate personal loan eligibility?

Do you know if you are eligible to apply online today for a new loan with us? When you apply online, you are asked for your preferred loan balance. This balance is your loan amount, and it’s transferred as a lump sum cash payment directly into your bank account once you sign your loan contract online. You then repay that loan amount with fixed repayments and a set schedule over your nominated loan term. Short term loans start at just 12 months, while larger cash loans are available for up to 5 years.

Our loan repayments are tailored to match your payment cycle. This makes them easy to budget for, and you can use a range of online tools like a personal loan calculator to help you work out some indicative repayment amounts before you apply.

Applicants must be at least 18 years of age, employed and a permanent resident in Australia. Your application form will take a few minutes to fill out, and everything you need is online. Like any other money lender with an Australian Credit Licence, we ask you for standard details like your current salary, how long you’ve been employed, your living expenses, and what loan amount you’re looking for. We offer low doc personal loans, which means that we don’t need reams of paperwork, nor do we need to call your employers. Instead, we verify all of your application details immediately at the time of your application using fast and read-only access to your online banking account.

Can bad credit affect personal loan eligibility?

To be eligible for our range of quick loans from Ozzie Loans, you will also need a good credit score. This ensures that every credit customer that we approve can comfortably and responsibly repay their new credit commitment. Of course, a credit score forms just one part of a larger financial position that our team will also take into account. If you’re not sure what your credit score currently is, then it’s quick and easy to get a copy of your credit file online, and it’s free.

Do you fit our personal loans eligibility criteria? That’s great news! Apply online today for either a new cash loan or a line of credit and get the money you need fast with Ozzie Loans