Easy Finance

Easy Finance

Not everyone needs huge sums of money to pay for their needs and wants; sometimes, they just need easy finance to pay for unexpected expenses like medical bills and car repairs. Many people in Australia use a quick finance loan app or a traditional easy finance company to get fast financing for their needs. However, the process of the easy loan finance they are getting isn’t fast enough to get them the funds.

Apply for finance at SocietyOne – we can get the funds in your account in as little as one business day after approval. Because our process is 100% online, you can get an easy loan online approval without all the tedious paperwork and long lines. Within five minutes, you can complete your loan application from anywhere you are in Australia. Our SocietyOne app lets you track your personal loans on the go for fast and simple finance solutions.

Because there are so many options for easy finance that you can find online nowadays, you might end up with a deal that doesn’t suit your needs best. To know what easy loan to get, learn more about the different types of easy loans available in Australia, the lowest amount you can get from an easy loan, and if you can apply for finance without credit.

What is the easiest loan to get in Australia?

If you need funds right away, these are some of the easy finance options that you can go for in Australia:

Emergency loans

This type of loan is most suitable for people who need cash to cover their emergency expenses like hospital bills or home repairs. You can borrow small amounts using emergency loans, so you don’t have to take out such a big and complicated loan to cover minor costs. Emergency loans, however, may come with very high-interest rates, especially if you don’t have a good credit score to show.

Payday loans

These short-term loans are designed to lend you money when your paycheck hasn’t arrived yet, and you need funds to pay for your personal needs. You typically need to pay back the loan on your payday or within two weeks after getting the funds. Such loans can also have steep interest rates and loan fees, so although they are an easy finance option, make sure to consider if they are truly affordable for you.

Online loans

With an online loan, you don’t have to leave home to get the funds you need. You can apply for the loan online, and even your repayments can be completed online. Getting low-interest small loans from online lenders is possible as long as you have a good credit score and you choose a lender with fair loan conditions.

SocietyOne doesn’t just offer easy personal loan options; we make sure to offer you a fair deal that fits your situation best. You can choose your desired loan amount, loan term, and repayment frequency (monthly or fortnightly). Our pricing principle at SocietyOne is based on your credit profile, which means the better your credit score is, the better your rates will be. Moreover, our rates are fixed, so you always know how much your loan repayment is.

What's the lowest loan amount that you can get?

One common question people looking for quick finance options ask is the lowest loan amount they can get.

At SocietyOne, the minimum loan amount we can lend you is $5,000 for both secured and unsecured loan options, and we’ll make sure to offer you a deal that we think is most sustainable for you based on your credit history. We’re always upfront with our pricing, so you can rest assured there will be no ongoing fees, hidden charges, or early repayment fees when you settle your loan early as well.

Can I still get a loan with no credit?

A credit score is one of the primary considerations in every loan, regardless of what type of loan it is. People who need fast and easy finance typically ask if they can get a loan without credit, and the short answer is yes, it is possible. Some lenders, especially those offering payday loans, don’t check your credit, but there can be critical drawbacks to this kind of loan.

Because payday loans are short-term loans with small loan amounts, the way some lenders compensate for that is by charging very steep interest rates – some charge over a 100% interest rate over a period of only 14 days. You can get a loan with no credit, but due to the excessive fees, they’re best used only as a last resort.

At SocietyOne, you can check your credit score for free as many times as you want to. This way, you can always monitor your credit score and maintain a good credit profile so you can get a good easy finance deal anytime you need one. We’ll give you tips on how to improve your score as well as you can track your progress easily on our platform or mobile app.

Need other easy finance solutions? We have holiday loans, personal student loans, loans to pay off loans, green loans, and loans for renovations to suit your varied needs. Get a personalised quote from SocietyOne now!