What makes our small loans cheap?
Our tiered fees of course!

In Australia, a small loan is simply a personal loan of up to $2,000 that’s repaid relatively quickly (between 16 days and one year).

You’ll find lots of small loan lenders in Australia promising ‘cheap’ or ‘low interest’ rates, and many of them allow you to apply online, as we do. But you need to be careful. Many of these small loans are one-size-fits-all loans, with the lenders charging the highest fees they can.

At Fair Go, we provide small unsecured personal loans from $500 to 2,000, but we personalise our loans, which means we tailor our terms to minimise your borrowing costs. Learn more about our tiered small loan fees and why we pride ourselves on providing the fairest small loans in Australia.

Car troubles. Dental bills. Broken furniture or appliances. You never know what life will throw at you, which is why our personalised small loans are so handy.

Not only do we tailor our fees, minimising the cost of your loan, but our smart online application system makes the whole process quick and easy. We’re able to process your application and, if successful, transfer your funds within 24-48 hours.

And if there’s a problem, our friendly small loan team is based right here in Australia, so you know your application will be handled quickly, securely and professionally. See for yourself. Apply for your small personal loan online today.

Anything. You can take out a loan of up to $2,000 to cover one of those emergencies that comes out of left-field, or to spread the cost of a must-have purchase. Our customers across Australia use our small loans for a host of reasons, including:

• Urgent house or car repairs
• Replacing white goods, appliances or furniture
• Securing a limited-time offer, for instance, on a holiday deal
• Buying or replacing clothes or school uniforms
• Covering dental expenses or medical bills

Whatever you need your small loan for, we’ll personalise our fees to minimise the cost of your loan. That’s pretty unusual among small loan providers in Australia.

So, don’t believe all the ‘cheap small loan’ and ‘low interest’ hype you see online. Find out how we personalise our terms and offer loyalty discounts to keep the cost of our small personal loans down. Talk to our team on 1300 324 746 or via live chat.

When you apply for one of our small personal loans online, you can rest assured you’re getting a fair deal. As one of the largest non-bank lenders in Australia, we pride ourselves on providing small loans the right way. Quickly. Responsibly. Transparently. And that means:

• Fixed repayments over 3-12 months. Making it easier to plan and manage your budget.
• No nasty surprises. No hidden costs and no early repayment fees. Ever.
• No interest! You only pay an establishment fee and monthly fee, so you know the full cost upfront. That’s right – it’s a 0% loan. How’s that for low interest?

At Fair Go, we’re here to help you move forward in life, which means we have your back – we’ll never lend you more than you can afford, so you can take out your small personal loan without stressing over it. It’s all part of our responsible lending commitment.

You need to be at least 18 years of age and a permanent resident in Australia with regular paid employment to apply for a small personal loan. If you meet our minimum eligibility requirements, you can apply online for anything from $500 to $2,000.

Need more than $2,000? Then a small loan isn’t for you, but we offer loans up to $10,000 with personalised low interest rates that make your loan as cheap and affordable as we can make them. Find out more about our quick online cash loans.

In Australia, the establishment and monthly fees for small loans up to $2,000 are legally capped at set limits, known as ‘the cap’.

You’ll find most small loan lenders charge the highest possible fees as a matter of course, regardless of your credit rating, history or situation, even the ones who say they offer ‘cheap small loans’ or ‘low interest small loans’.

At Fair Go, we don’t think this is fair. As one of the biggest non-bank lenders in Australia, we’re in it for the long term, not to make a quick buck. That’s why we have tiered fees, based on your credit rating. The better your credit score, the lower your fees.

Our approach is not only fairer, but saves our customers hundreds of dollars in fees, potentially halving the cost of your small personal loan. Find out more about our tiered small loan fees.

Yes, you can. In fact, we specialise in helping people across Australia who have less than ideal credit scores to get the loans they need and get their credit history back on track. However, it may be that a small loan isn’t the best option for you.

Talk to our friendly team on 1300 324 746 or via live chat and find out more about our bad credit loans.

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.

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.