Easy Financing Personal Loan

Borrow from $300 up to $2,000. This loan has short terms, up to 3 months, and comes with high fees and charges.

You can apply online for a loan between $300 up to $2,000. Turnaround times are fast, and you could receive the funds within an hour. Bad credit applicants, part-time and casual workers can also apply. The repayment terms of this loan are short, giving you up to 3 months to repay the loan. The loan is also expensive, and has an establishment fee of 20% the loan amount, and a 4% monthly fee. Payday loans are not a long-term financial solution, and should only be used in case of an emergency.


Maximum loan amount

Same Day if approved

Turnaround time

up to 3 months

Term of loan

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Product NameEasy Financing Personal Loan
Minimum loan amount$300
Maximum loan amount$2,000
Initial Maximium Loan Amount$2,000
Arrears Fee$35
Loan termup to 3 months
Turnaround timeSame Day if approved
Costs20% of borrowed amount + 4% of borrowed amount each month
RequirementsYou must be over 18 and employed and have a bank account.
Available to Centrelink Borrowers?No

Are you struggling financially?

If you're struggling financially and would like to speak to someone for free financial advice, information and assistance you can call the Financial Counsellors hotline on 1800 007 007 (open from 9:30am to 4pm, Monday to Friday). If you are suffering financial problems related to the coronavirus pandemic you may be eligible for additional support.

⚠️ Warning about Borrowing

payday-warningDo you really need a loan today?*

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:

  • For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor
  • Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan
  • If you are on government benefits, ask if you can receive an advance from Centrelink: Phone: 13 17 94

The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.

* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.

How does a loan from Easy Financing work?

To apply for a payday loan with Easy Financing, prospective borrowers can fill out an initial online application. Once this is submitted they'll need to send through supporting documents, and once those are received a representative from Easy Financing will call them to discuss their application. This can be in as little as one hour. If they're approved, their loan can be transferred to their account within 24 to 48 hours.

Repayments, like with most payday loans, are structured around when the borrower gets paid. This means they can be weekly, fortnightly or monthly. Customers can repay a loan using a direct salary transfer or automatic transfer from their bank account. People can also apply for a loan up to $5,000 with Easy Financing.

Compare Other Short Term Loans

Whilst we don't compare Easy Financing Personal Loan directly, here are some other loans that are similar.

Name Product Maximum loan amount Term of Loan Turnaround time Arrears Fee Costs Fortnightly Repayment (for $1500 Loan)
Sunshine Short Term Loans
9-14 weeks
30 minutes - conditions apply
20% of loan amount + 4% of loan amount each month
A small loan up to $2,000 that you repay over 9-14 weeks. Loans approved and funded in as little as 30 minutes. Centrelink must not be your primary income
Nimble Short Term Loan
62 days to 9 months
1 hour - conditions apply
20% of loan amount + 4% of loan amount each month
A loan up to $2,000 with terms up to 62 days to 9 months. Centrelink cannot be your primary source of income.
Safe Financial Small Loan
22 - 52 weeks
Same day - conditions apply
Up to $2,000 - 20% establishment fee + 4% monthly.

Above $2,000 - $400 + loan management fee of up to $399 + from 8.7% to 48% APR
Borrow from $1,000 to $5,000 with same-day funding and no early repayment fees.
Fair Go Finance Small Loan
3 to 12 months
24 to 48 hours
0% Establishment Fee + monthly fee 4%
A small loan between $300 and $2,000 that can be funded in 24 hours.
Jacaranda Finance Personal Loan
9 to 24 months
Under 1 hour - conditions apply
$0 - $1,000 depending on credit
Borrow up to $10,000 and get access to your funds in as little as 1 hour.

Compare up to 4 providers

Features of an Easy Financing loan

Before taking out a loan, it’s helpful to know all the features and benefits. Here is what you can expect from a personal loan with Easy Financing:

  • Online application. Apply online from a computer or mobile.
  • Accommodating eligibility criteria. Easy Financing will consider people for a loan if they have bad credit or if they're employed only part-time or casually, as long as they meet the minimum eligibility criteria.
  • Turnaround time. Applicants can find out if they've been approved within one hour and receive the loan on the same day.
  • Personal communication. After someone applies, they'll be contacted by someone from Easy Financing to help them through the loan process and to discuss their eligibility.
  • Flexible repayments. Customers can repay the loan weekly, fortnightly or monthly, and choose between direct salary transfer or automatic direct transfer from their bank account. They can also repay the loan early without penalty.
  • Longer loan terms. Some lenders require people to pay back a loan within one month, but with Easy Financing successful applicants can have up to 3 months to repay it.

What are the risks of payday loans?

  • Unaffordable repayments. Payday loans are an expensive way to borrow money and should only be used as a last resort. Check the size of each repayment and ensure you will be able to pay it on time. Unaffordable repayments can lead to late fees that will only make things worse.
  • High rates and fees. Rates and fees on payday loans are high but there are rules in place so be sure to check your lender is not charging you more than ASIC allows. Also, look at what you would be charged if you are late on a payment or if you default on the loan altogether.
  • Unreputable lenders. All Australian lenders should be accredited by ASIC. Check for a credit licence on the ASIC Register and ensure that the lender is easily contactable.
  • Impact on credit score. Every loan application shows up on credit reports. While lenders might not consider credit history, applying for lots of loans within a short period can have a negative impact on your credit score in the future.

Fees and charges

Successful applicants will be offered a loan contract with a list of all fees and charges that relate to their specific loan. It’s important that people go through this contract thoroughly, and understand what they may be charged. Here is an outline of Easy Financing’s fee structure:

  • Establishment fee: 20% of the principal loan amount
  • Monthly fee: 4% of the principal loan amount
  • Missed payment fee: $35 for each missed payment. Loan customers should get in touch with Easy Financing if they think they might have trouble making a payment.

How to apply

People who are ready to apply for a loan with Easy Financing can click “Go to Site” to submit an online application or visit the lender's website directly. Before doing this, they should make sure that they meet the minimum eligibility criteria. Applicants must:

  • Be over the age of 18
  • Be an Australian or New Zealand citizen or permanent resident
  • Have an Australian bank account
  • Have access to the Internet
  • Be employed
  • Earn at least $450 per Week
  • Have not had any defaults with other lenders in the last 30 days

Those who are able to answer “yes” to all of the above can start their application.


They will need to upload identification documents, their bank account details and proof of their income, so they should have the following on hand:

  • Identification. 100 points of ID in the form of a driver’s licence, Medicare card, passport, birth certificate or payslips.
  • Financial. Bank statements and bank account details.
  • Personal details. Confirmation of their residential address in the form of a utility bill, car registration or phone bill.

If approved for a loan, Easy Financing will email and text a username and password. This will allow the successful applicant to log into their account to electronically sign their contract. After they sign, the funds will be transferred to their bank account.

  • Always remember

Payday loans can be expensive forms of finance and should only be used in financial emergencies. This is because most payday loans have a similar fee structure based on the maximum possible capped by ASIC (20% establishment fee and 4% in monthly fees).

That being said, it is still worth comparing options to find the best possible deal, as some lenders may be more competitive. If someone is struggling with financial hardship, there may be alternative methods of financing that they qualify for.

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    Default Gravatar
    February 24, 2019

    Hi there i applied for a loan and sent though all my documents was told on the email i would get a response within a few hours but still haven’t heard anything about what’s happening i tried calling but no answer have also sent emails with no answer. I am kinda hoping i could be helped out with this please.

    Business office hours please. Applied and sent though documents was told would have an outcome with in a few hours its almost been 2 days now 🤔

      Avatarfinder Customer Care
      February 25, 2019

      Hi Amber,

      Thank you for reaching out to Finder.

      I apologize for the inconvenience this has caused you but you would need to direct this query to East Financing. You may respond back to the email you received and tag it as read-receipt for you to get a notification if they opened the email. Though I could not see any information on the hours of operations, you may call them from 9am – 5pm on weekdays. Hope this helps!


    Default Gravatar
    February 2, 2016

    Hi I’m just wondering I don’t work but I’m a single mother and I get $1200 fortnight. Can I still apply

    Thank you

      Avatarfinder Customer Care
      February 3, 2016

      Hi Paula,

      You need to be in some form of employment to be approved for an Easy Financing personal loan.

      You can refer to our page to find lenders who may consider your for a loan while you’re unemployed. Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.

      I hope this helps.



    Default Gravatar
    January 12, 2016

    Do I need to put money on it first?

      Default Gravatar
      January 12, 2016

      how much can i borrow

      Avatarfinder Customer Care
      January 13, 2016

      Hi Junup,

      You’re able to apply for up to $2,000 with Easy Financing, but how much you’re approved for will depend on your individual financial situation.

      I hope this has helped.



      Avatarfinder Customer Care
      January 12, 2016

      Hi Jennifer,

      If you’re referring to the loan establishment fee, this is added onto what you borrow. You won’t pay anything until your first repayment. You can see a breakdown of your repayments in your loan contract before you agree to the loan.



    Default Gravatar
    December 1, 2015

    can i get a loan with unpaid defaults

      Avatarfinder Customer Care
      December 1, 2015

      Hi Debra,

      Thanks for your question.

      The minimum criteria for this loan is listed on the page above, if you can answer “yes” to each of the points listed then technically you are eligible to apply for the loan. In terms of things such as unpaid defaults, Easy Financing will review your financial situation, including your debts, your credit history including your unpaid defaults, and decide if you are in a position to afford the loan. There isn’t really a “yes” or “no” answer we are able to provide unfortunately. If you’d like to discuss your eligibility further you may want to get in direct contact with Easy Financing.

      I hope this information has helped.



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