Why are our small personal loans fairer than others?

Why are our small personal loans fairer than others?

  • Urgent house or car repairs
  • Replacing white goods, appliances or furniture
  • Securing a limited-time offer, for instance, on a holiday deal
  • Buying or replacing clothes or school uniforms
  • Covering dental expenses or medical bills

Whatever you need your small loan for, we’ll personalise our fees to minimise the cost of your loan. That’s pretty unusual among small loan providers in Australia.

So, don’t believe all the ‘cheap small loan’ and ‘low interest’ hype you see online. Find out how we personalise our terms and offer loyalty discounts to keep the cost of our small personal loans down. Talk to our team on 1300 324 746 or via live chat.

When you apply for one of our small personal loans online, you can rest assured you’re getting a fair deal. As one of the largest non-bank lenders in Australia, we pride ourselves on providing small loans the right way. Quickly. Responsibly. Transparently. And that means:

  • Fixed repayments over 3-12 months. Making it easier to plan and manage your budget.
  • No nasty surprises. No hidden costs and no early repayment fees. Ever.
  • No interest! You only pay an establishment fee and monthly fee, so you know the full cost upfront. That’s right – it’s a 0% loan. How’s that for low interest?

At Fair Go, we’re here to help you move forward in life, which means we have your back – we’ll never lend you more than you can afford, so you can take out your small personal loan without stressing over it. It’s all part of our responsible lending commitment.

Who can take out a small loan and how much can you borrow?

You need to be at least 18 years of age and a permanent resident in Australia with regular paid employment to apply for a small personal loan. If you meet our minimum eligibility requirements, you can apply online for anything from $500 to $2,000.

Need more than $2,000? Then a small loan isn’t for you, but we offer loans up to $10,000 with personalised low interest rates that make your loan as cheap check the site and affordable as we can make them. Find out more about our quick online cash loans.

How do we keep our small loan fees as low as possible?

In Australia, the establishment and monthly fees for small loans up to $2,000 are legally capped at set limits, known as ‘the cap’.

You’ll find most small loan lenders charge the highest possible fees as a matter of course, regardless of your credit rating, history or situation, even the ones who say they offer ‘cheap small loans’ or ‘low interest small loans’.

At Fair Go, we don’t think this is fair. As one of the biggest non-bank lenders in Australia, we’re in it for the long term, not to make a quick buck. That’s why we have tiered fees, based on your credit rating. The better your credit score, the lower your fees.

Our approach is not only fairer, but saves our customers hundreds of dollars in fees, potentially halving the cost of your small personal loan. Find out more about our tiered small loan fees.

Can you get a loan if you have a bad credit rating?

Yes, you can. In fact, we specialise in helping people across Australia who have less than ideal credit scores to get the loans they need and get their credit history back on track. However, it may be that a small loan isn’t the best option for you.

Talk to our friendly team on 1300 324 746 or via live chat and find out more about our bad credit loans.