Short Term Loans
Will You Qualify for Our Cash Advance Loans?
Cash advance loans are the perfect solution when you need a bit of extra cash to solve a temporary problem. They allow you to purchase what you need while spreading the payment out over time. Unfortunately, not everyone qualifies. Lenders carefully vet applicants to be sure that the loan repayments wonÛªt be overwhelming.
A Steady Income
One of the most important qualifiers when you are applying for a personal loan is the ability to pay it back. Credit24 want to make sure your income is likely to keep coming in throughout the term of the loan. For this, we require you to show copies of your bank statements from the past three months. We make this easy by allowing you to download your statements directly to us using Credit Sense during the application process. If we don’t see income coming into your account, we cannot approve your loan application.
Good Credit History
Using the personal data you submit with your application, we will also look into your credit history. We want to see that you use credit responsibly. Everyone makes a few mistakes now and then, but if you are currently bankrupt or have open defaults on your financial commitments in the past, you won’t qualify for one of our loans. We’re happy to lend money to people who have good credit history.
No Other Small Loans
A small loan is an amount of up to $2,000 that you’re paying back within 12 months. If you have more than one loan like this, we’re afraid that we wonÛªt be able to give you another one. However, if you have other payments like student loans or credit card payments, you still can still qualify for one of our loans.
Other Requirements
We also require applicants to be at least 18 years old and permanent residents of Australia.
If you are in need of a small personal loan and meet our lending criteria, we can help. Start the application process now or contact us if you have any questions.
