Needy Money Personal Loan Review

Bridge any financial gap with a Personal Loan from Needy Money

We often delay or postpone things we need owing to financial constraints, and this is especially true if you have bad credit. Whether it's car repairs, home renovations, new furniture purchases or even holidays, a Personal Loan from Needy Money could be an option for you to consider.

Needy Money provides Personal Loans from $5,001 to $100,000 with a flexible repayment schedule. The schedule can be extended up to two years to ensure affordable repayments. This loan can be used to finance just about any purchase you have.

What you can expect when you borrow

The Personal Loan from Needy Money offers amounts ranging from $5,001 to $100,000  that can be used for any purpose that you require. These loans can be used for holidays, house renovations, purchasing a car, etc. Needy Money does not reject applications from customers with low credit ratings. They provide the loans based on your current income and financial situation. After receiving the loan, a repayment schedule is organised, with the terms available for between one and two years. This repayment is quite flexible depending on the frequency at which you get paid.

Compare Other Payday Loans

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

Name Product Max. Loan Amount Term of Loan Turnaround Time Costs Product Description
Sunshine Short Term Loans
9 weeks
30 Minutes - conditions apply
20% of loan amount + 4% of loan amount each month
Apply online with Sunshine Loans and you could borrow up to $2,000 paid directly into your account. Family Business since 1999.
Nimble Short Term Loan
62 days to 1 year
1 hour - conditions apply*
20% of loan amount + 4% of loan amount each month
Apply for a short term loan and you could borrow up to $2,000
Ferratum Cash Loans
Up to 6 mths
Same Day if approved
20% of borrowed amount + 4% of borrowed amount each month
A small loan from Ferratum lets you borrow up to $1,900 without a credit check
Cash Train Loans
10 weeks or 3 months
1 Business Day
20% of principal amount (establishment fee) + 4% monthly charge
Apply for a Cash Train loan and get up to $2,000 sent straight to your bank account. Fast online application

Compare up to 4 providers

Features that come with the Personal Loan

  • Longer schedule. The repayment terms can be extended up to 2 year(s). Depending on the size of the loan you take out, you can opt for a repayment term that makes your ongoing payments more manageable.
  • Flexible repayments. Repayments can be made weekly, fortnightly or monthly according to your pay cycle. This helps in easy budgeting of expenses and to prevent missed repayments.
  • All credits accepted. Needy Money accepts applicants with bad credit histories and provides loans based on your ability to manage the repayments.
  • No upfront fees. The application can be made without any upfront fees. A final decision of whether to take out a loan can be made after receiving approval for the loan. Before the loan is accepted, the entire process has zero fees, giving greater freedom to applicants.

Fees and charges to consider

Needy Money will establish all applicable fees and charges when you are offered your loan contract. Make sure you read through the contract carefully to know how much you'll need to repay – this includes both upfront and ongoing fees.

How to apply for a Personal Loan from Needy Money

Any loan should be taken after considering your need for it and also making sure you'll be able to manage the ongoing repayments. If this loan suits your needs you can apply conveniently online. After filling out the online form, Needy Money will assess your suitability for a loan and get back to you within 60 minutes.

  • Age. You must be at least 18 years of age.
  • Residency. You need to be a citizen of Australia or be a permanent resident.
  • Income. Although Needy Money does not have strict minimum income requirement, applicants should still have the ability to repay the loan amount they have taken.

Are you ready to apply? Make sure you have the following on hand:

  • Personal information. This includes your name, date of birth, mobile, marital status and the number of your dependants.
  • Asset information. Information about assets including your house, car or other investments is required.
  • Income and expense. Information about your salary, employer, expenses, etc.
  • Past loans. Information regarding credit card debt, short term loans, etc. needs to be filled.
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24 Responses to Needy Money Personal Loan Review

  1. Default Gravatar
    AARON | January 24, 2017

    How do I get A loan when am unemployed

    • Staff
      Anndy | January 24, 2017

      Hi Aaron,

      Thanks for reaching out.

      If you are unemployed, the lenders on this page may still consider you for a loan.

      Please do note the eligibility criteria to apply which include residency in Australia.


  2. Default Gravatar
    Loki | October 17, 2016

    I cannot locate link to apply for a needy money personal loan. Please help.

    • Staff
      Elizabeth | October 17, 2016

      Hi Loki,

      You can apply with this lender directly on the Needy Money website.

      Hope this helps,


  3. Default Gravatar
    Mickey | October 11, 2016

    I would also like to enquire about getting a loan of up to $5000 thanks.

    • Staff
      Elizabeth | October 12, 2016

      Hi Mickey,

      If you’re interested in applying with Needy Money you can submit an application directly on its website. Make sure you meet the eligibility criteria before you apply.

      Hope this helps,


  4. Default Gravatar
    leon | October 3, 2016

    hi ..I am looking to borrow a 5000.00 under your personal loan criteria..what do I need to provide? I mean documents needed??

    • Staff
      Elizabeth | October 4, 2016

      Hi Leon,

      You need to provide your personal and employment information, details regarding your assets and debts (do you own a car? total limit on your credit cards?) and 90 days of your bank statements. You will also need a form of ID.

      If you head to Needy Money’s website and click “apply now” you can see the application form before you submit it.

      Hope this helps,


  5. Default Gravatar
    Amy | September 11, 2016


    Wondering how do I borrow 20000

    • Staff
      May | September 12, 2016

      Hi Amy,

      Thanks for your inquiry.

      If you would like to discuss your eligibility for a $20,000 loan, please contact Needy Money directly or visit their website to submit your application. Please make sure to read the criteria before you apply.


  6. Default Gravatar
    Tony | September 8, 2016

    Hi I am looking for 10k loan, my credit is not great , but I do have a well paying job and been working for two company for 4 years

    • Staff
      Elizabeth | September 8, 2016

      Hi Tony,

      Needy Money will consider you for a personal loan even if you have bad credit history. It comes down to your ability to afford the loan which Needy Money will determine by your financial situation (income, assets, debts, etc.)

      You can apply for a loan on its website.

      Hope this helped,


  7. Default Gravatar
    pamela | August 17, 2016

    interesting rate on 20000 loan

    • Staff
      May | August 17, 2016

      Hi Pamela,

      Thank you for your question.

      If you wish to apply for a $20,000 loan with Needy Money, please submit your application online. Be sure to review the criteria and requirements before doing so.


  8. Default Gravatar
    Charee | April 4, 2016

    Dear Sir/Madam

    I just closed down my business. I m now looking for work. I wondering would I be able to borrow money ?


    • Staff
      Elizabeth | April 4, 2016

      Hi Charee,

      To be eligible for a Needy Money loan you need to be earning some form of income, whether that be from Centrelink payments or elsewhere. Your Centrelink payments can be from Newstart, for instance.

      You can head to the Needy Money website and click the ‘apply now’ button to take a look at the full application form and the details required before you submit the application.

      I hope this has helped.



  9. Default Gravatar
    Molly | March 21, 2016

    I am 10,000 short to buy a property. . . With no current income . . . The purchase of this property would give me income to repay any loan.

    • Staff
      Elizabeth | March 21, 2016

      Hi Molly,

      Needy Money do consider unemployed applicants for loans but consider your financial circumstances and ability to repay the loan when deciding whether to approve you. You can head over to the Needy Money website to find out more about its loan offerings and find out if you’re eligible for a loan – if you have questions about the application it would be best to contact Needy Money directly.

      I hope this has helped,


  10. Default Gravatar
    Johnny | February 21, 2016

    Need to get 5 grand loan fast as possible with bad credit who may help me

    • Staff
      Elizabeth | February 22, 2016

      Hi Johnny,

      You can read a guide and compare lenders offering loans up to $5,000 to those with adverse credit history on this page.

      I hope this information will help.



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