Loan Eligibility

Before you apply for a personal loan, we understand you’d like to know if you’re eligible. 

That’s where our handy checklists come in. We know your time is important, so we want you to feel confident there’s nothing at the very start that could be stopping you from clicking GO!

Whether you need a personal loan up to $5000 or a larger loan between $5000 and $50,000 let our checklists help reassure you it’s worth going forward with our online application today.

Quick eligibility checklist for up to $5000

First, let’s make sure you are:

Over 18
Living in Australia (citizen, permanent resident, on a working visa or sponsorship visa)
Earning over $500 per week (Centrelink income can’t be your only source so you’ll also need to be working)
Have not declared bankruptcy in the last 12 months
Employed on a casual, part-time or full time basis

Did you say yes to all the points above? If you did, great! You can keep moving forward!

Secondly, let’s look at your credit history:

Although we can’t help every situation, our range of personal loans are available for people with good credit and certain levels of bad credit too.

If your credit score is:

Over 650: then it is likely you would be eligible for a low rate personal loan and we should have a few options for you

Between 450 and 650: you may have a couple of options depending on your current financial circumstances

Less than 450: you may have access to a loan with Fair Go Finance to demonstrate you are wanting to go forward with your credit history. You will know this from our application process.

Now that you've checked your eligibility hopefully you can go forward and apply!

Apply right now and if approved, the money could be in your account tomorrow!

Quick eligibility checklist for loans over $5000

We have a great range of partners who are experts in larger loans. We’ll look at your situation, review all our lender partners and determine which of their loans works best for you. Leave the analysing to us!

First, let’s make sure you are:

Over 18
Living in Australia (citizen, permanent resident, on a working visa or sponsorship visa)
Earning over $500 per week (Centrelink income can’t be your only source so you’ll also need to be working)
Have not declared bankruptcy in the last 12 months
Employed on a casual, part-time or full time basis and are not on probation OR are self employed (12 months minimum)

Secondly, let’s look at your credit history:

Larger personal loans are generally limited to those with either Good or OK credit history.

If your credit score is:

Over 650: then it is likely you would be eligible for a low rate personal loan and we should have a few options for you.

Between 450 and 650: you may have a couple of options depending on your current financial circumstances

Did you manage to say "yes" throughout the checklist? If you did, great! You can move forward and apply now!

Want more than $5000

Personal loan through us – More helpful information!

If the checklist confirms your eligible, does that mean your loan will be approved?

Our checklist helps you know you’ve met the minimum requirements to go forward with a loan application. Then when you complete our easy online application, other checks such as looking at your bank statements, credit file and affordability will be done. If you pass these checks, then we’ll be able to formally approve your loan!

Want to ask a question before you apply?

For a question about loans up to $5000, you can complete this enquiry form, use our online chat service or phone our customer service team on 1300 324 746.

For a question about loans over $5000, you can complete this enquiry form, use our online chat service or phone our larger loan experts on 1300 898 121.

Why do we offer our own loans as well as larger loans through lender partners?

We want to help you go forward with all your personal loan needs, small, medium or large! Sounds good don’t you think? We’ve made the process quick and efficient, regardless of loan size. Our question to you is why would you want to go anywhere else!

Want more than $5000