Easy Financing Personal Loan

Information verified correct on October 24th, 2016

Borrow up to $2,000 with Easy Financing and have up to 3 months to repay it.

If you’re in need of a short-term loan, whether it be for bills, car repairs or any other expense, one option is a personal loan from Easy Financing. Apply for a loan between $300 and $2,000 online and you can receive it on the same day.

How does a loan from Easy Financing work?

Find out if you’re eligible and then submit your application online. After the initial online application you’ll need to send through supporting documents, and once those are received a representative from Easy Financing will call you to discuss your application. This can be in as little as one hour. If you’re approved, your loan can be transferred to your account within 24 to 48 hours.

Your repayments are structured around when you get paid, so it can be weekly, fortnightly or monthly. Repay your loan using a direct salary transfer or automatic transfer from your bank account. You can also apply for a loan up to $5,000 with Easy Financing.

Product NameEasy Financing Personal Loan
Min Loan Amount$300
Max. Loan Amount$2,000
Initial Maximum Loan Amount$2,000
Loan TermUp to 3 months
Arrears Fee$35
Turnaround TimeSame Day if approved
Total Cost of Borrowing $10020% of borrowed amount + 3% of borrowed amount each month
RequirementsYou must be over 18 and employed and have a bank account.


  • Flexible repayment options
  • 1% off government regulated fee rate


  • High Repayment amounts

Compare Other Short Term Loans

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Rates last updated October 24th, 2016
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Features of an Easy Financing loan

Before you take 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:

  • Easy application. You can apply conveniently online from your computer or mobile.
  • Accommodating eligibility criteria. Easy Financing will consider you for a loan if you have bad credit or if you’re employed only part-time or casually, as long as you meet the minimum eligibility criteria.
  • Quick turnaround time. You can find out if you’re approved within one hour and receive the loan on the same day.
  • Personal communication. After you apply, you’ll be contacted by someone from Easy Financing to help you through the loan process and to discuss your eligibility.
  • Flexible repayments. Repay your loan weekly, fortnightly or monthly, and choose between direct salary transfer or automatic direct transfer from your bank account. You can also repay the loan early without penalty.
  • Longer loan terms. Some lenders require you to pay back your loan within one month, but with Easy Financing you can have up to 3 months to repay it.

“What will I be charged?”

When you apply, you will be offered a loan contract with a list of all fees and charges that relate to your specific loan. It’s important to go through the contract and understand what you will and might be charged. Here is an outline of Easy Financing’s fee structure:

  • Establishment fee: 20% of your principal loan amount
  • Monthly fee: 3% of your principal loan amount
  • Missed payment fee: $35 for each missed payment. Get in touch with Easy Financing if you think you might have trouble making a payment.

Ready to apply? Here’s how

Click “Go to Site” when you’re ready to submit your application. First, make sure you meet the minimum eligibility criteria. You 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

If you are able to answer “yes” to all of the above, you can start your application. You will need to upload identification documents, your bank account details and proof of your income, so 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 your residential address in the form of a utility bill, car registration or phone bill.

If you’re approved for a loan, Easy Financing will email and text you a username and password to log into your account to electronically sign your contract. After you sign, the funds will be transferred to your bank account.

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8 Responses to Easy Financing Personal Loan

  1. Default Gravatar
    Paula | 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

    • Staff
      Elizabeth | February 3, 2016

      Hi Paula,

      Unfortunately you need to be in some form of employment to be approved for an Easy Financing personal loan. To find lenders who may consider your for a loan while you’re unemployed, you can see this page.

      I hope this has helped.



  2. Default Gravatar
    Jennifer | January 12, 2016

    Do I need to put money on it first?

    • Default Gravatar
      junup | January 12, 2016

      how much can i borrow

    • Staff
      Elizabeth | 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.



    • Staff
      Elizabeth | 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.



  3. Default Gravatar
    debra | December 1, 2015

    can i get a loan with unpaid defaults

    • Staff
      Elizabeth | 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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