As one of Australia’s largest non-bank personal loan lenders, we pride ourselves on providing loans the right way. Easily. Responsibly. Innovatively.
For short term loans, that means personalising our loans and low interest rates to suit your unique circumstances, ensuring the loan meets your needs and that the repayments are affordable.
It means working with you to secure a competitive low interest rate, whether you have a good or less-than-great credit score. It means allowing you to pay your short term loan off early, without being penalised. And it means making it as easy as possible to apply for your loan then repay it.
|Loan Amounts||$300 – $2,000||$2,050 – $5,000|
|Average Term||1 – 12 months||6 – 24 months|
|Typical Establishment Fee||$0 – $400||$394 – $771|
|Monthly Fee||$0 – $80||$9|
|Interest Rate Per Annum (APR) *||N/A||17.20% – 29.90%|
|Comparison Rate **||40.08% – 73.06%||39.61% – 64.52%|
|Average Term||6 months||8 months||13 months|
|Repayment Per Week||$53||$68||$76|
|Interest Rate Per Annum (APR)||N/A||N/A||26.19%|
|Comparison Rate||73.06% 1||73.06% 1||55.10% 2|
We listen, adapt, innovate and grow with our customers so we can provide ongoing value to you.
Apply, approved and funded in as little as 6 minutes
Save up to $115 on small loan
Save up to $357 on medium loan
Returning customer gets up to $453 more on the second loan
65% of our customers enjoy a 42 point increase to their credit score.
Short terms loans are simply quick personal loans that help you cover an unexpected emergency or temporary blip in your finances or cashflow.
You can use short term loans for pretty much anything. Our customers generally use them for things like:
Our short term loans are just that – short term. We structure them to be repaid over the course of 3-12 months, giving you the temporary cash boost you need, while minimising your borrowing costs.
And crucially, there are no early payout fees, so you can pay off your short term loan sooner if you like, once again minimising the cost of your loan.
Yes, you can. What’s more, because we personalise our loans and rates, we’re able to offer you highly competitive low interest rates, even if your credit score isn’t what you’d like it to be.
At Fair Go, we do things the right way. That means we’ll work with you to ensure your loan is structured to suit you and your circumstances, so you won’t get caught out.
Start your online application and see for yourself. And remember, if you run into any problems with our online application or have any questions about the approval process for our personal loans, we’re here to help. Call our team on 1300 324 746 or contact us online via live chat.
For ID, you’ll need to provide details of either your:
You’ll also need to use our secure online bank statement service to submit three months of statements.
Our free online bank statement service, provided by illion Open Data Solutions, allows you to share your bank statements with us, quickly and securely.
Yes, and we won’t charge you early payout fees either!
How much you are eligible to apply for will depend on your current financial circumstances and requirements. As a Responsible Lender we want to make sure your loan is affordable for you, so we will always need to complete your assessment first before we can provide you with the loan amount you’re eligible for.
Our loans are based on your individual and current financial circumstances. Until we receive your application and your bank statement information, it is not possible for us to guarantee you will be approved. You may wish to read our blog which provides some helpful tips on improving your chance to get a loan.
Our loan repayments vary depending on the loan amount, the loan term and the interest rate. You can use our loan calculator as a guide, however because we tailor our rates to your unique credit profile, we will not be able to confirm any repayments until your assessment is complete.
The interest rates for our loans are calculated using risk-based pricing, which simply means the better your credit rating, the better the interest rate you can be eligible for. We won’t be able to confirm what interest rate you may be eligible for until your assessment is complete, however you can see the range of our interest rates for our personal loans here.
The usual waiting time to receive your loan application outcome is between 24-48 working hours.
Just as our online application process is quick and simple, repaying your short term loan is a breeze too. Once we’ve set up your direct debits on your nominated payday, we’ll send you areminder when your first debit’s due. Andremember, if you think you’ll struggle to makeyour next repayment, we’re just a call, email, live chat or Facebook message away.