Loan Type – SACC vs MACC


There are many different types of consumer loans such are secured, unsecured, lines of credit, home loans, etc. However, the majority of consumers opt for one of two options; known as short-term or personal loans. These are SACC’s (Small Amount Credit Contract) and MACC’s (Medium Amount Credit Contract). What is a SACC loan? A SACC

Beginners guide to loans

Saving and creating a budget

A loan is a sum of money that is expected to be paid back with interest.  Traditionally, loan applications were made in person at storefronts. The advancement of technology has enabled credit providers to accept loan applications online and make approval decisions within a matter of minutes. There are a variety of loan types on

How to qualify for an unsecured personal loan

Personal Loan from blocks

You can find most personal lenders offer from $2,000, up to as much as $40,000. An unsecured personal can really help you cover your immediate expenses without breaking the bank. With a good credit score intact, you’ll be more likely to get a loan offer with a lower interest rate. You are somewhat restricted if

Comparing credit cards and loans

The concept of credit cards and loans

When we find ourselves in a spot financial difficulty, where do we go to find the best solution? This is a question many of us face at some stage in our lives, and whether it’s looking for a credit card or a loan, there are so many options to compare in the market. It’s very

Peer to Peer lending explained

Peer to Peer lending

The concept of peer to peer lending originated in the U.S. It then made it’s way over to the UK and then eventually Australasia. The process involves borrowing money outside of the conventional methods of using a bank, building society, or credit union. This form of lending is most commonly used by individuals or small-medium

Interest rates explained

Interest rates explained

Australian Lenders are obligated to undergo affordability assessments on all applicants before offering a loan. If you are planning on applying for a loan, we advise you first assess your own ‘affordability’ to ensure you are confident you will be able to make the repayments in the time period agreed. Compare your current financial income

Car loans explained

Car Loans Explained

Let’s be honest, purchasing a car is a pretty big deal. Most of us don’t have the readily available cash for such an acquisition, and the likely scenario is that we will have to borrow some of the money to pay for it. The money required can be substantial depending on the car you choose,

Legal information

Marketplace Finance Pty Ltd with ACN 608 607 227 and ACL 487316 is trading as Friendly Finance. Friendly Finance does not make finance or credit decisions and is not a provider. Friendly Finance helps customers find financial partners that meet their requirements.Financial partners may wish to obtain credit reports as part of the decision process. The line of credit available will vary depending on the financial provider. In order to help the government fight identity theft, the funding of terrorism and money laundering activities, providers may verify and record customer information. This website does not directly endorse a particular product and service.Any information on this website should be taken as opinion only.

Address: 903 level 9, 50 clarence st, sydney, nsw, 2000. Email:

Disclaimer: Cash Loans Paid In 60 Minutes*
* As advertised - is not a lender or broker and does not advise or recommend any lender. We simply provide options based on the information you provide.
Once you are approved by an actual lender, your loan may be transferred straight into your bank account within 60 minutes of signing the contract during standard banking hours.
The same transfer times could apply on second and subsequent approved loans.
For loan amounts over $3,000 it usualy takes longer than 60 minutes

WARNING: Do you really need a loan today?*

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:

The Australian Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.*This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.