In most cases, you can expect to receive a decision on your loan application in 1-2 working days.
To be eligible for a personal loan at a minimum, you will need to:
- Be currently employed and earning at least $25,000 gross per annum,
- Be an Australian Permanent Resident,
- Be at least 18 years of age.
- Be able to demonstrate a good credit history for the last 5 years
- Be free from bankruptcy for the last 7 years
Other credit and approval criteria will apply depending on your situation. In most cases, you can expect to receive a decision on your loan application in 1-2 working days.