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Jacaranda Finance short term personal loan

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Borrow up to $4,600 with a Jacaranda Finance personal loan.

Jacaranda Finance is a short term loan provider that offers a range of loan products with short approval times. Once an applicant has submitted their online application, its team will assess their situation and could approve their loan within one hour.


Maximum loan amount


Turnaround time

conditions apply

13-24 months

Term of loan


Product NameJacaranda Finance Medium Personal Loan
Minimum loan amount$2,100
Maximum loan amount$4,600
Arrears Fee$35
Loan term13-24 months
Turnaround timeInstantly - conditions apply
CostsEstablishment fee of $400 + 47.8% APR
RequirementsYou must be over 18 in age and receive a regular income over the past 90 days.
Available to Centrelink Borrowers?Yes

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. Find out more here:

⚠️ 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.

What to know before borrowing with Jacaranda Finance

Jacaranda Finance is a short term loan provider that operates online, with most applicants able to find out an outcome of their application within one hour. These loans have flexible eligibility criteria and each application is assessed individually. Customers will be approved if Jacaranda Finance determines that they can repay their loan based on their income, financial history and current commitments.

Loan applicants can potentially borrow up to $4,600 and repay it over 2 years. Applicants who are able to offer a valuable asset as security on the loan can even qualify for funding up to $10,000. They'll receive an interest rate from 12% to 47.8%, with a comparison rate of 27.44% to 65.86%, depending on their application.

Features of the Jacaranda Finance personal loan

  • Flexible loan amounts. Customers can choose a loan amount to suit your needs: borrow anywhere between $2,100 and $4,600.
  • Secured option available. If you have a vehicle that you can use as security on the loan, you could qualify for funding up to $10,000.
  • Flexible repayment terms. Most payday loans require that you repay your loan within about a month or 60 days maximum. Jacaranda Finance lets you repay your loan over 13-24 months, meaning lower ongoing repayments.
  • Quick application and approval. It takes about four minutes to fill out an online application form and applicants can receive their outcome within an hour. If a loan is approved the successful applicant will receive their funds in as little as two hours following their approval, or if they're with a smaller bank it could take 24 hours. If an applicant is with Commonwealth Bank and are approved for a loan, they may receive their funds within seconds.
  • Bad credit borrowing. Jacaranda Finance considers applications on a case-by-case basis. This means customers can apply if they have negative marks on their credit file; even if they're an undischarged or current bankrupt, they can still apply and be considered for a loan. Applicants in a Part 9 Debt Agreement cannot apply.
  • Customers who receive Centrelink can still apply. Government benefits don't exclude people from applying. If someone can meet the repayments their application will be assessed on a case-by-case matter.
  • No early repayment fees. Anyone can repay their loan early without penalty.

How much will a Jacaranda Finance loan cost?

All loans come with costs, so it's important to be aware of these before applying. Here's what successful applicants will pay with a personal loan from Jacaranda:

  • Establishment fee: Customers will pay an initial $400 fee.
  • Direct debit dishonour fee: If Jacaranda Finance attempts to direct debit a repayment from an account and isn't able to, that person will be charged $35.

Things to consider

Even though a loan from Jacaranda Finance is spread over a longer term, 13-24 months, it still carries the same high rates as payday loans. Before taking out a personal loan with this company, it's a good idea for prospective loan applicants to compare options to see if it is the most competitive option available to on the market for their situation, or if a shorter term loan would be more suitable. People will have lower ongoing repayments with Jacaranda compared to other payday lenders, but the interest they will end up paying across the term of the loan will be higher.

How to apply for a Jacaranda Finance short term personal loan

To apply for a personal loan from Jacaranda Finance, just click "Go to site" to fill out an online application form. It only takes four minutes. Make sure to meet the eligibility criteria below. Applicants must:

  • Be over the age of 18
  • Have online access to a bank account showing at least three months of income
  • Be an Australian citizen or permanent resident
  • Have a direct contact number
  • Have an email address

Prospective loan customers might also be eligible if they receive some form of Centrelink payments, if they're a current or undischarged bankrupt or if they have some negative marks on their credit file. They cannot be approved if they're in a Part 9 Debt Agreement.

Required information and documentation

In an initial application the applicant will need to provide basic details that Jacaranda Finance can use to assess their suitability for a loan. Once they're conditionally approved, hard copies of bank statements and payslips are usually not required as your last three months of statements are accessed electronically. In some cases they'll need to provide hard copies of these. And in some instances an employment check will also be carried out to verify someone's employment status.

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  1. Default Gravatar
    February 6, 2016

    Can I get a loan of 1500 dollars

    • Avatarfinder Customer Care
      February 8, 2016

      Hi Murray,

      To submit an application with Jacaranda Finance you need to head over to their website and fill in an application form.

      Hope this helps,


  2. Default Gravatar
    July 30, 2015

    How do i apply for a loan pls

    • Avatarfinder Customer Care
      July 31, 2015

      Hi Karolina,

      Thanks for your question.

      To submit an application with Jacaranda Finance you need to head over to their website. You can also see other lenders we have available for comparison on this page and click ‘Go to Site’ if you find one you want to apply for.

      I hope this has helped.



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