Short Term Loans

Short terms loans are simply quick personal loans that help you cover an unexpected emergency or temporary blip in your finances or cashflow.

• Borrow up to $10,000 at a competitive low interest rate.
• Choose a secured short term loan or an unsecured loan.
• Enjoy peace of mind. Our loans are structured and personalised, so you know you can pay the loan back quickly at a competitive low interest rate, minimising the cost of your loan.

You can use short term loans for pretty much anything. Our customers generally use them for things like:

• Unexpected bills or expenses (like medical or vet expenses)
• Spreading the cost of big-ticket items (for instance, to pay school fees)
• Property bonds and moving expenses
• Unforeseen house or car repairs

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.

1. Apply online in less than 6 minutes. Our clever online application form is quick and easy to complete – apply from anywhere in Australia, anytime day or night.
2. A little human touch may come into play. If your application isn’t given an immediate outcome, a friendly credit consultant will be in touch to confirm what they need clarified, or if there’s a different amount or product they can offer you.
3. Get approved: If you’re offered a loan and you’d like to proceed, simply accept by electronically signing in the contract using an SMS code sent to your mobile phone.
4. Receive your funds within minutes: We use Real-Time Funding to instantly transfer the funds to your account.

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:

• Driver’s licence or
• Medicare card

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.

1. Quick and easy to use.
2. No need to fax or email your statements.
3. We can assess your loan quicker.

Don’t worry, your bank account is completely secure. We’re only able to view your account history (in read-only format). All data is securely handled in accordance with the Privacy Act (1988) (Cth) and our privacy policy and illion Open Data Solutions’ privacy policy. Check out our FAQs for more information about this service.

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.