Can a small loan fit your budget?

The planned service is for adults aged 18 or over in Australia. You will need income, a bank account, contact details and the ability to repay alongside essential expenses and existing commitments. Final eligibility and product conditions will be explained when applications open.

We assess the individual circumstances. Do not rely on a calculator result or joining the waitlist as evidence that you qualify. An amount or term may be unsuitable even if it falls within the advertised range.

You may be asked for identity and address information, income details, living expenses, existing debts and the reason for the loan. Bank statement data, requested with your consent, is intended to help verify income and spending. Our planned assessment uses six months of statement history.

Read the consent and data-access information before connecting an account. Read-only statement access is separate from any authority to make repayments. See privacy information and our bank statement assessment explanation.

Repayments must leave room for essentials such as housing, food, utilities and transport, as well as existing commitments. A temporary shortfall and a continuing budget deficit call for different solutions. Existing debts, unstable income or financial stress can affect the assessment.

A credit score alone is not an affordability assessment. We do not promise approval based on a thin credit file, a past default or a particular income figure. Verification and other eligibility checks still apply.

Check the amount paid to you, all fees, total scheduled repayments, due dates and repayment method. The planned repayments are weekly. Your offer will explain the available payment method before acceptance. Follow the planned process.

Consider a provider payment plan, an eligible No Interest Loan or other assistance first. Explore alternatives, or call the National Debt Helpline on 1800 007 007 for free financial counselling.