A small loan, also commonly referred to as a short-term loan, comes in handy when you need to borrow money quickly. It’s not unusual to find yourself in a time of financial need, particularly if you are faced with an emergency. Small loans in Australia range from $100 to $2,000, however, more recently these microlenders have expanded their range of credit to offer larger loans of up to $5,000, or even $10,000 in some cases.
When you feel the financial pinch, it’s easy to get flustered and stressed out because of the situation. It’s important to keep calm and consider all of your options carefully. A small loan issued by a lender or creditor may seem like the most rational option if you don’t feel comfortable turning to family or friends for assistance.
Friendly Finance offers online access to a panel of lenders through a comparison table that is designed to provide you with accurate real-time information. You can also visit our calculator page to work out the total cost of the loan before you apply.
If you are looking for small loans, you can apply for $300 and up through us! It can be extremely time-consuming to go searching for loan providers, looking for the right deal – especially if this is your first time applying for a loan. That’s where we can help.