What makes our small loans cheap? Our tiered fees
Australia’s fairest online small loans, putting so-called ‘low interest personal loans’ to shame.
- Low cost. Fixed tiered fees. Lower costs.
- Easy. Apply securely online in minutes.
- Transparent. No early payout fees or nasty surprises.
All prices shown are indicative and are for new customers. For returning customers, you will be eligible for our Mates Rates Loyalty Reward benefits, which includes a 10% discount on your establishment fee. All personal loan applications are subject to approval and will be assessed separately by reference to the applicant’s individual circumstances.
All prices are indicative. Fees and charges are payable. WARNING: The comparison rate is true only for the example loan amount and term selected and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
All prices are indicative. Fees and charges are payable. WARNING: The comparison rate is true only for the example loan amount and term selected and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
How it works?
With no early payout fees, our short term loans are perfect if you need a quick cash stopgap. And because our low interest rates are personalised, they’re highly competitive, whatever your credit rating.
Apply in Minutes
Choose your $500-$10,000 loan and apply online.
Get a Decision
We'll contact you, verify your details and give you an answer.
Receive your funds
Sign your contract and receive your funds overnight.
How can we help you?
Below you’ll find answers to the most frequently asked Small Loan questions
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 FAIR GO 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 FAIR GO or via live chat and find out more about our bad credit loans.
Check out the fairest small personal loans in Australia.
In a small loan market swamped with lenders promising ‘cheap small loans’ and ‘low interest loans’ we prefer to let our tiered fees and satisfied customers across Australia do the talking.
When you apply online for one of our small personal loans, you can relax knowing you’ve got a fair deal. As one of the largest non-bank lenders in Australia, our responsible lending commitment means we always do the right thing by you. We’ll never lend you more than you can afford and, thanks to our tiered small loan fees, we’ll always try to minimise the cost of your loan.
That’s because we’re here for you long term, not just to meet your short-term loan requirements, which is why we also provide even better rates and discounts to our loyal customers.
Small Amount Loans
Loan Amounts
$500 – $2,000
Average Term
5 Months
Typical Establishment Fee
10% – 20%
Monthly Fee
2% – 4% of Principal
Interest Rate Per Annum
0%
Comparison Rate
N/A
$500 repayment example
Average Term
3 – 6 months
Repayment Per Week*
$24 up to $52
Establishment Fee
$50 – $100
Monthly Fee
$10 – $20
Interest Rate Per Annum
0%
Comparison Rate
N/A
*Repayments per week depend on affordability
Apply online for your small loan.
Discover why customers across Australia rely on our friendly team to provide the right quick cash loan.
Just as we’re invested in your long-term financial wellbeing, we also invest in the best technology and tools. And so, you’ll find applying online for your small loan is as quick and easy as it is secure.
Apply Now!
Are you eligible to apply?
- I’m 18 years or older
- I’m employed (not self-employed)
- I’m paid $500 or more a week into my bank account
- My income is not solely from Centrelink
- I’ve not entered into bankruptcy or part 9 agreement within the last 12 months
WARNING - DO YOU REALLY NEED A LOAN TODAY?*
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
For more information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.
Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
If you are on government benefits, ask if you can receive an advance from Centrelink.
https://www.humanservices.gov.au/individuals/online-help/centrelink/apply-advance-payment-your-centrelink-online-account
The Australian Government’s MoneySmart Website shows you how small amount loans work and suggests other options that may help you.
* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.