
Get exclusive money-saving offers and guides
Straight to your inbox
The medium-sized personal loan offered by Quick and Easy Finance comes with a loan amount of between $2,025 and $5,000. There is a simple borrowing process where the loan is deposited into a successful applicant's bank account and repayments are taken care of through payroll deduction or direct debit. Plus, there are no additional fees if someone decides to pay their loan off early.
$5,000
Maximum loan amount
3 to 16 Months
Term of loan
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Product Name | Quick and Easy Finance $5,000 loan |
---|---|
Minimum loan amount | $2,025 |
Maximum loan amount | $5,000 |
Loan term | 3 to 16 Months |
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: https://www.finder.com.au/coronavirus-financial-help
Do 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:
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.
Loan customers can apply for between $2,025 and $5,000 with this loan. This allows applicants to take care of any unexpected costs. Customers can apply online, through email, over the phone or via fax. The wait time for approval is 2-4 days. Once someone has been approved, the loan amount will be transferred to their bank account by the next business day.
This loan offers multiple repayment options. Borrowers can pay back the borrowed amount in weekly, fortnightly or monthly instalments. Depending on the circumstances of the applicant, Quick and Easy Finance offers both secured and unsecured loans.
The fees associated with taking out this loan are calculated for customers with the repayments calculator. Additionally, there is a $15 application fee for Quick and Easy Finance to access each applicant's credit reports.
There are no fees or penalties associated with paying off a loan early. However, if someone fails to meet the repayment terms and does not pay off their loan in the nominated period of time, their debt will be forwarded onto a debt collector.
Casual workers, pensioners or self-employed applicants are not eligible to apply for this loan. However, borrowers can apply if they:
When applying for a medium-sized loan from Quick and Easy Finance, customers will need to supply copies of the following documents:
Whilst we don't compare Quick and Easy Finance loans directly, prospective applicants can use the table below to see how they compare against other loans.