We know that there are many lenders out there who claim to have the best personal loans around. This may be true for some people. However, the beauty about Friendly Finance is that we are not one of those lenders. We are a lender finder who can connect you with one of hundreds of the best lenders in Australia. No one has ever said that having options is a bad thing, and at Friendly Finance, we offer only the best!
As our name suggests, we pride ourselves on being friendly, but not only that, you can consider us a friend. We are here to assist with your financial well-being if we can. As we said, we’re not one of those lenders just looking to make a quick buck… we’re not even a lender. Our sole purpose is to help you find a lender who may be able to give you what you’re looking for.
Who is Friendly Finance?
Do you need access to cash in a flash? Friendly Finance may have you covered. We will do our best to help you find the lender that can offer the best personal loans to suit your needs.
While we are not a loan provider, we are experts at sourcing the top personal loan rates from around the country. Simply submit an application with us and we will do our best to refer you to a lender who is the right fit for you. We are the friend you need when embarking on the exciting, uncertain, confusing and sometimes frustrating journey that is looking for the right personal loan providers. The kind of support we offer becomes even more crucial if this is the first time you have looked into applying for a personal loan. We know all the ins and out of the industry and can help you navigate a market full of uncertainty.
Types of best personal loans
Before you submit an application, check out the possible quick loans our lenders can offer:
|Loan||Type||Loan amount||Loan term|
|Small personal loan||Unsecured||$300 to $2,000||12 months|
|Medium personal loan||Secured||$2,000 to $4,600||13 to 24 months|
|Large personal loan||Secured||$5,000 to $15,000||13 to 24 months|
How exactly does Friendly Finance find the best personal loan rates?
As we said, we are connected to hundreds of the best lenders around Australia. This means that when you submit a single application with us, your chance of finding the most suitable lender is increased tenfold. You essentially have access to hundreds of lender through on single application.
All you have to do is fill out our application form and we will refer you to a lender who may be likely to say yes to your loan. As we are the lender finder, the outcome of your application is out of our hands. However, with our support, at least you can rest assured we will match you with a reputable lender who will give you a fair and thorough assessment.
With years of experience in the industry, we are the helping hand you can reach out for in times of stress and hardship. We can help you find the best personal loans starting at as little as $300, all the way up to $15,000. Like we said… options!
How do I know if applying for the best personal loans is right for me?
At the end of the day, it is completely up to you to decide whether or not applying for a loan is the right thing for your situation. There is a myriad of reasons that Australians apply for loans and there is no right or wrong one. Essentially, if you’re in need of a helping hand in the form of cash, a personal loan could offer exactly that.
Some things to consider before applying for a loan include:
- Will borrowing money help me in the long run?
- Can I afford the repayments without causing further financial stress?
- How will the loan impact my credit score?
- What is the interest associated with the loan?
- Is applying for a loan my only option at this time?
- Am I eligible to apply?
If you have gone through the process of asking yourself these questions and you’re struggling to find a good reason why you shouldn’t apply for a loan, it may be something worth exploring. That’s where we come in. Friendly Finance is your one-stop-shop for consumer finance knowledge and information. We are the people who can help you fill in the blanks.
We offer a superb loan finding solution to help you source the loan that’s perfect for you.
What are the eligibility requirements to apply?
Your chances of being eligible are good so long as you are:
- 18 years or older
- An Australian citizen or permanent resident
- Earning a regular and/or minimum net income
- Able to meet the personal loan repayments
These are the basic eligibility requirements. Certain loan providers may have their own specific requirements. However, for unsecured personal loans of smaller amounts, this is the general criteria.
What are the best personal loans I can apply for?
Typically, there are 2 different types of loans that our customers apply for. The first is an unsecured personal loan.
Unsecured loans are loans that do not have any underlying assets offered as collateral. As a result, these loans usually come with a higher interest rate so that the lender is compensated for the higher level of risk they are taking on. If you are only looking to borrow a smaller amount, this type of loan can be ideal.
The second most common type of loan is a secured personal loan. Secured loans are loans that have an underlying asset, such as a car, used as collateral. In the event that the borrower defaults, the personal loan provider may be entitled to take this collateral to recover their losses. Because of the lower risk involved for the lender, the interest rate on these loans is usually lower than with unsecured loans and they can be easier to obtain for borrowers with a rocky credit history.
Again, it is completely up to you which type of loan is right for you! It never hurts to have all the information, but luckily that’s what you have us for!
Could you help me find a secured personal loan bad credit?
Never say never, right? We may be able to help you if your credit history is not as healthy as you’d like it to be (and that goes for many of us!).
If you do have bad credit and you’re in need of a little boost in your cash flow, talk to us! As the friendly lender finders that we are, it is our prerogative to help our customers find what they’re looking for. All we ask is that you meet our basic eligibility requirements (so long as they correlate with the eligibility requirements of the lender you are matched with) and your credit history may be just that: history.
At Friendly Finance, we understand that your credit score might not be an accurate reflection of your current financial situation. The lenders we refer your application to can look at more than just your credit score. They tend to place more importance on your ability to pay back the loan. Therefore, if your credit score is below 600, finding the best personal loans is still within your reach with us by your side!
Of course, responsible lending is imperative. We will do all that we can to help you find the best personal loans, but we cannot guarantee any outcomes.
Could you help me find a personal loan for self employed?
We don’t want to tell you that we can help you find a loan for any situation, but we kind of can. Our network of lenders can accommodate most, if not all kinds of financial situations. If you are self employed, but you meet the lender’s eligibility requirements and you can repay your loan without putting yourself in financial strife, the fact that you are self employed may not even matter. Again, it’s not for us to say, just for us to help you find out!
How do I apply for the best personal loans?
Applying is as easy as A, B, C!
A: Apply online
B: We do a search
C: A lender in minutes
It’s important to remember that there are no guarantees that your matched lender will approve your loan application. However, getting connected with a lender in the first place is a massive step and a difficult feat for many. What we can say is that if a lender makes contact with you, you’re one step closer to a personal loan.
What is so good about Friendly Finance?
We’re 100% Online!
To apply with us, you simply need to complete an application online, submit it, then wait for us to find you a lender. It’s that easy!
Our service cuts down panic and frustration
When you’re faced with a financial emergency, it’s ok to panic. Sometimes it’s hard to contain your panic. This is totally normal! The problem is, it can prevent you from thinking straight when all that you need is a solution that works.
Going on a frenzy of loan applications might seem like a productive thing to do, but it’s not. Every time you submit your information to a new lender, it can affect your credit record. This can damage your credit score and possibly make it harder for you to find and get approved for a loan.
Working with Friendly Finance can eliminate a great deal of stress. Our process is easy and gives you access to hundreds of Australia’s best loan providers and products with one single application.
We are obligation-free!
Can we guarantee your loan approval? No. But we can guarantee you’ll receive the best service we can offer you. Plus, there’s no obligation to continue with the process if you decide it’s not right for you!
Can you find me an instant personal loan?
Well, nothing in this world is instant. But we may be able to find you a very fast cash loan! If you apply within business hours, you could be connected with a lender just minutes after submitting your application. From there, processing times depend on your lender’s additional application process. However, if you are approved, you could receive your cash within 24 hours of applying. It’s best to chat with your lender about processing times to get a better idea of how long it might take.
What do you think?
Look, we know that money doesn’t buy happiness or freedom. But having access to cash when you need it can reduce your stress when you’re in a pickle! So, find out more about our friendly lender-finding service and apply today! For tips and advice on budgeting, finance and other money related matters, read our blog.
Have questions? Get in touch via our Contact page.
If you’re looking for more info about how to manage your hard-earned cash, visit the Moneysmart website.