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Personal Loan Pal
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$1500
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The maximum you will be charged is a 20% Establishment Fee and a 4% Monthly Fee. Under the current legislation lenders do not charge an annual monthly interest rate for our Small Amount Credit Contracts. You may know this as Annual Percentage Rate or APR(%). Click here to see a worked example.

The Annual Percentage Rate for Secured Medium Loans is 48%. Comparison Rate is 67.41% p.a. This comparison rate is based on a Medium Amount Credit Contract for an amount of $2,500 over 2 years and a $400 establishment fee. Fees and charges are payable. Click here to see a worked example.

The Interest Rate for Secured Large Amount Loans is 21.24%. Maximum Comparison Rate is 48% p.a. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Click here to see a worked example.

Personal Loan Pal can find lenders offering easy loans!

Easy loans are finance options that are simple to apply for and access. Easy loans are for amounts up to $5,000 and can be repaid over a period of up to 24 months. Depending on the amount, they can be either secured or unsecured. Easy loans can feature different types of costs depending on the loan amount.

If you’ve ever been in a pickle and needed easy loans, quickly, you’ll know what a headache it can be to have to fill in heaps of forms so you can get a few options to compare. It can be a saving grace to receive quick access to funds to get you out of a painfully stressful situation or maintain the momentum you’ve built up to get cracking on your plan for ‘one day’. Whatever it is you’re considering getting a loan for, that last thing you’ll want is for administrative tasks to get in the way. Wouldn’t it be great if there was such a thing as an easy loan?

Well, they exist! You may be able to get one without much hassle – hence the name easy loans. Apply with our helpful lender-finding service and we’ll see if we can find a provider of easy loans for you. Read on to find out more!

easy loans

What are easy loans?

So, you’re maybe wondering what exactly easy loans are. They are short-term personal loans that don’t require heaps of paperwork to get started. The application process is usually fast, and done online.

This is hugely different from how loans were done in the past. Previously, a loan application was a tedious process. It would involve presenting your case in front of an account manager and waiting days before you would hear whether your loan application had been approved.

Today, there are many lenders to choose from, making it a competitive market. This means that lenders are competing with one another for your business. As a result, their competitive edge comes in the form of hassle-free application processes, timely outcomes and varying terms.

Where can I get easy cash loans?

You can find easy cash loans online. Most lenders have websites that turn the application process into a simple one.

We’ve done just that. We are a lender-finding service, which means we can help you find providers of easy loans online. All you have to do is complete our simple application process that can take just a few minutes to fill out.

All you need to do is scroll up and hit apply now. Fill out the relevant details in our quick application form and click submit. Once you’ve done that, we’ll have a look at the online lenders offering easy loans and see if we can find one for you.

How can I get easy loans?

If you apply with our lender-finding service, we’ll do our best to find a provider of easy loans. At Personal Loan Pal there are just a few basic steps for completing an application.

1. Make sure you qualify for a loan

There are some basic eligibility requirements that you have to meet before you can apply for our service. You must:

  • Be 18 years old or over
  • Be an Australian Citizen or Permanent Resident
  • Have been receiving a regular income into a personal bank account and have for at least the past 90 days
  • Have a personal contact number and email address

2. Fill out the application form

It takes just a few minutes to complete, and all you have to do to start is scroll up and click apply now!

3. Wait for an outcome

Don’t worry, we won’t keep you waiting for any longer than necessary. Sit tight for a bit and keep your device close by as we look at the easy loans lenders available. If we find one for you, we can refer you to them super fast, and we’ll leave you in their capable hands as you go onto the next stage of your easy loans journey.

How much can I receive from easy loans?

If you with our lender-finding service, we can find lenders offering easy loans between $200 and $5,000 depending on your circumstances. You can use the easy loans calculator at the top of the page to get an example of the payments involved with easy loans. However, the final costs of your loan will depend on your lender.

If you need to find a lender that can offer you an easy loan for bad credit, we’ll do our best to find one. Providers of bad credit personal loans are out there!

What is a credit rating and how do I find mine?

A credit rating is a score that you are given based on how well you have met your previous financial obligations.

A poor credit rating will mean that you may not have paid your bills on time, have missed loan repayments or exceeded credit limits. The credit rating is given on a scale from 0 to 1000 or 0 to 1200 depending on the credit reporting agency – the higher the number the better.

Unfortunately, some traditional lenders will only look at your credit rating and credit history to determine whether they will lend money to you or not. However, as mentioned above, not all hope is lost. Some of the lenders that we can find may conduct a credit check, but you won’t be rejected just because of your credit score.

If you have no idea what your credit rating is you can find out by visiting one of the following sites:

Can I apply if I’m receiving Centrelink?

The answer is yes! We can find providers of easy cash loans for unemployed as long as you have been receiving regular Centrelink benefits for a period of at least 90 days.

Here at Personal Loan Pal, we want to help as many people find providers of easy loans as we can.

How much do easy loans cost?

We are not a lender, so we cannot guarantee how much specific easy loans will cost. That will depend on your lender, if we find one for you.

However, can give you a general idea of the types of fees that are involved with different loan categories. These are small easy loans, medium secured easy loans and large secured easy loans. Here’s how each of these types of loans works:

Small Easy Loans

  • Loan Amount: Minimum – $200; Maximum – $2,000.
  • Repayment Period Terms: Up to 12 Months.
  • Costs:Establishment Fee up to 20% of Loan Amount (Charged after signing the loan contract), plus Monthly Fee up to 4%.

Medium Secured Easy Loans

  • Loan Amount: Minimum – $2,001; Maximum – $4,600.
  • Repayment Period Terms: Minimum – 13 Months; Maximum – 24 Months.
  • Costs:$400 Establishment Fee; Annual Percentage Rate (APR) is 48%; Comparison Rate is 67.41% P.A.

Large Secured Easy Loans

  • Loan Amount: Minimum – $5,000; Maximum – $5,000.
  • Repayment Period Terms: Minimum – 13 Months; Maximum – 24 Months.
  • Costs:Annual Percentage Rate (APR) is 21.24%; Maximum Comparison Rate is 48% P.A.

Medium and Large Secured Easy Loans will require a vehicle such as a car, boat, motorbike or caravan to be offered up as security.

So, have you learnt all you need to know about easy loans?

The main thing to remember with easy loans, is that they’re easy! They are fast, simple, online and could help you out if you find yourself in a financial spot of bother.

Looking for a different kind of personal loan? We can also find providers of cash loans, be they quick or fast, but not quite instant.

So, if you need help finding a provider of easy loans, why not give us a go? Personal Loan Pal will try and find a lender for you. Apply now!

Example of how small personal loans work

Loan amount

$200 minimum
$2,000 maximum

Costs

Most small personal loan providers charge up to 20% as an establishment fee upfront. You’ll then pay a 4% monthly fee.

Under the current legislation, most small personal loan providers don’t charge an annual interest rate (you’ll know this as an APR) %.

In APR terms, the maximum annual percentage rate on our loans between $300 and $2000 is 199.43%.

Terms

12
months minumum
12
months maximum

Example:

Loan Amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate

Example of how medium secured personal loans work

Loan amount

$2,100 minimum
$4,600 maximum

Costs

Annual Percentage Rate (APR) is 48% Comparison rate is 67.41% p.a.

Terms

13
months minumum
24
months maximum

Example:

Loan Amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principle Amount) + $400 (Establishment Fee) + $1,379.06 (reducing interest) = $4,779.06 total repayable over 18 months with weekly installments of $61.27.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate