What is a Small Loan?
A small loan:
- Is a personal loan from $500 up to $2,000
- Is unsecured
- caters for clients with good and bad credit history
- can be used for any personal use such as purchasing items or covering emergencies.
It's impossible to plan for every expense life throws at you, so if you’re searching for a small loan online between $500 and $2,000 – stop looking because we’d really love to try and help!
If you would like a loan of more than $2,000, click here.
Fair Go Finance is a small loan lender who offers:
Small loans, big value
Our best value small loans are competitively priced; you will not find a better value small loan with any lender in Australia. We also have great loyalty discounts for our existing customers, so each time you get a small loan with us it will be cheaper than anywhere else.
30 minute funding
At Fair Go Finance we know that when you need a small loan, you don’t have time to wait. That’s why once your loan has been approved, we will transfer the funds into your bank account within 30 minutes.
Australia’s best customer service
Our customers speak for themselves; with our 90% customer satisfaction rate you can be sure that your small loan will be handled quickly, securely and professionally. See what our customers are saying about Fair Go Finance below.
Reviews and feedback from customers about Fair Go Finance’s Small Loans
What can a small loan be used for?
The short answer is anything under $2,000! You could use a small loan for:
Whatever you need a small personal loan for, Fair Go Finance can help you get it sooner!
All our small loans have:
- Fixed repayments, meaning you can budget each month
- No hidden costs and no early repayment fees, ever
- No interest! Yes, it’s 0%! You only pay an establishment fee and monthly fee so you know the full cost up front.
We will do the right thing by you, and lend only what YOU can afford to repay - see our commitment to responsible lending.
Ready to Go Forward with a Fair Go Loan? Apply today!
How much can I borrow and am I eligible?
To apply for a small loan online you need to be: 18 years of age or older, a permanent Australian resident and in regular paid employment.
If you have bad credit, have previously been bankrupt or had a Part IX debt agreement we may still be able to help you. Apply today or learn more about our bad credit small loans here.
Our small loans range from $500 to $2,000, but we can also offer cash loans up to $10,000 or can match you with one of our panel of lenders if you need a larger loan up to $50,000.
Our small loans can have terms from 3 months to 12 months.
How much does a small loan cost?
||Typical Establishment Fee
||Interest Rate per Annum
|Small Amount Loan
||$500 - $2,000
||$100 - $400
||$20 - $80
|Medium Amount Loans
||$2,250 - $5,000
||$460 - $695
Small loan repayment examples
||Repayments per week*
||Interest Rate per Annum
||3 - 5 months
||$33 up to $155
||4 - 12 months
||$62 up to $169
||38.1% - 44.6%
|*Repayments per week depend on affordability
Want reduced fees on your small loan?
To get a lower coston a small loan, you will need to have repaid a loan with Fair Go Finance previously and demonstrated reliable payment behaviour.
In return you will receive a:
- Better monthly fee on your loan
- Reduced establishment fee
- Faster application and approval process
For more information on our loyalty discounts, check out our Mates Rates page.
Need help? We'd love to take your call on 1300 FAIRGO or chat online through our instant chat!