F.A.Q. and Lending Criteria

Applicants must be over 18 years of age and either Australian Citizens or permanent residents

Applicants must have a good credit history free of any defaults or other adverse listings

Applicants must earn more than $25,000 per annum and be able to provide proof of income and identification

Q. How long does the application process take?
A. Generally after we submit the application you will receive an answer within 24 hours.

Q. Do I need to come and see you to do an application?
A. No, Applications can be done in a range of ways inclduing online, fax and phone.

Q. Can I get pre-approved before organising any of my wedding details?
A. Yes, you can.

Q. How much can I borrow?
A. The minimum amount for a personal loan is usually $5000 and can range up to $50,000 depending on the applicant.

Q. What are my chances of getting approved?
A. Your finance approval is dependant on many things – From the length of time in your job and residence to your current income and assets. Of course any existing debts you have such as credit cards, personal loans and mortgages could prevent your chance for approval.

Q. Are the loan repayments fixed?
A. Yes. Once the loan commences, repayments are fixed for the entire loan.

Q. Can I pay out the loan at any time?
A. Yes. However, an early repayment fee may apply.

Q. Does it cost anything to apply for the loan?
A. No. It is free to apply. But if you decide to accept the loan fees and charges associated with the loan are clearly explained to you before it is finalised.

Q. Once my loan is approved, what happens next?
A. We will send out your loan documents to you for signing. You then need to return them to us before your loan commences.