Unsecured Personal Loans
Debt Consolidation Loans is an Accredited MIAA finance provider, we provide
standard bank personal loans ensuring you get the best unsecured loan products. With
direct access to the banking system you can rest assured it will be an Easy-Loan. Whether
you're looking to renovate or just looking for help with debt consolidation, Easy Loans
Australia would like to help.
Why Debt Consolidation Loans?
We make it easier, faster and improve your chances of success in getting a Personal Loan.
- Easier - you dont have to visit the bank 2 to 3 times and make appointments with bank managers. Keep in mind that all the bank staff does is complete an application form, without truly understanding the important issues in a successful application.
- Faster - By using our direct access to the banking system, the Web, phone and fax we are able to greatly reduce the time it takes to get a loan.
- Grater Success - By understanding the information you should provide will greatly enhance your chances of succeeding with your application.
How long does it take?
The loan can take as little as 24 - 48 hours. It is dependant on your ability to provide the relevant documentation and sign the final loan documents,
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How much can I borrow?
The minimum is $5000 and maximum is $40,000.
What's the interest rate?
Unsecured loans from 11.95% to 14.2%
What is the min and max loan term?
The minimum loan term is 1 year to a max of 7 years.
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What is the loan dependant on?
You must have a clear credit file, this means you must not have any defaults or bankruptcies listed on your credit file and be able to demonstrate your ability to pay the loan back in full, without financial hardship.
How much are the repayments going to be?
This chart is to be used as a guide only. All lenders have different application, account and ongoing fees, these are available upon request. Repayments are based on a 7 year repayment term.
| Amount Borrowed |
Weekly
Re-payment |
Fortnightly
Re-payment |
Monthly
Re-payment |
| $5,000 |
$23.10 |
$46.23 |
$100.34 |
| $6,000 |
$27.27 |
$54.58 |
$118.46 |
| $8,000 |
$35.61 |
$71.27 |
$154.69 |
| 10,000 |
$43.95 |
$87.96 |
$190.92 |
| $12,000 |
$52.29 |
$104.66 |
$227.15 |
| $14,000 |
$60.63 |
$121.35 |
$263.38 |
| $16,000 |
$68.97 |
$138.04 |
$299.61 |
| $18,000 |
$77.31 |
$154.74 |
$335.84 |
| $20,000 |
$85.65 |
$171.43 |
$372.07 |
| $22,000 |
$93.99 |
$188.12 |
$408.30 |
| $24,000 |
$102.33 |
$204.81 |
$444.53 |
| $26,000 |
$110.67 |
$221.51 |
$480.76 |
| $28,000 |
$119.01 |
$238.20 |
$516.99 |
| $30,000 |
$127.35 |
$254.89 |
$553.22 |
| $32,000 |
$135.69 |
$271.58 |
$589.45 |
| $34,000 |
$144.03 |
$288.28 |
$625.68 |
| $36,000 |
$152.37 |
$304.97 |
$661.91 |
| $38,000 |
$160.71 |
$321.66 |
$698.14 |
| $40,000 |
$169.05 |
$338.36 |
$734.37 |
The above payment guide includes the lender Application Fee (available upon request).
More Frequently Asked Questions and Answers
What can I borrow for?
Any legal worthwhile purpose.
Usually for Home Renovations, Holiday, Debt Consolidation, Wedding, Furniture, Tuition Fees, Vehicle Purchase, Electrical Equipment Purchase.
What sort of income do you accept?
We accept all sources of income, full time, part-time, casual and self-employed.
Do you accept Pensions?
Only if it's not your only source of income.
What documents do I need to produce?
In the majority of cases all you will need is the last 2 pay slips. If your applying for a debt consolidation you will require the last 3 months statements of all credit to be consolidate. (You must ensure these statements Do Not contain any over-limits or overdues).
What are the penalties?
Unlike other expensive Unsecured Personal Finance you will only incur a penalty payment of $60 if you pay-off the loan before the agreed loan term.
Can I pay more than the monthly repayment amount?
Yes - you can pay up to $5,000 extra per annum without being penalised. If you choose to pay off the loan in a shorter period of time you will be charged a maximum penalty of $35.
What is you lending criteria?
Please select this
link
for an overview of the lending criteria.
How do I apply?
The fastest and most convenient way is to apply directly online, this will take approximately 10 minutes and you will be provided an instant pre-approval. Please be aware that Debt Consolidation Loans provides a secure (SSL) connection ensuring your details are secure. Please also be assured that your details will remain entirely confidential and we will not perform a credit check without your prior approval.
If you prefer, you may also call 1300 305 085 (this is a local call) and apply over the phone. In just 20 minutes we can approve your personal loan.
Let us tailor a personal finance package that suits you. For a personal loan
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