Unlock a Faster and Easier Personal loan option with LoanOne
A Personal Loan from LoansOne is so unique, as it can not only assist in providing funding for any worthwhile Personal use, but it can also be used for a small cash injection into your business.
Our Personal Loans can be used to fund a wedding, medical emergencies, a holiday, or doing some urgent renovations of your home. It can also be used by sole traders to fund their business.
In other words, it is one of the best alternative loan options. Its fast, and you can pay back within a timeframe that best suits your budget.
LoansOne Personal loans can vary from $2,000 to $20,000, and you can stretch your loan term out over 12 months. Our fast personal loans are also helpful for consolidating debts you have somewhere else. An unsecured personal loan will assist you in saving fees and save the headache of multiple monthly repayments by paying off all your existing debts and rolling them into one new personal loan. Interest rates are fixed on our Personal loans, so you have absolute certainty that your payments won’t change.
Different Types of Personal Loans Available at LoansOne
Below are the lists of the personal loans that we provide to our customers.
● Secured Personal Loans
In this type, you have to submit an asset or a property as collateral for lower interest rates and fees. This is used when you purchase a car.
● Unsecured Personal Loans
You do not have to submit a property or an asset as security when applying for this loan. The borrower can use these funds for paying any personal expenses like a holiday or a wedding.
● Debt Consolidation Funding
Calculating all your current debt, their interest rate, and consolidating it with this loan is the best alternative to save some money. A debt consolidation personal loan will roll all your debt into a single loan with potentially lower fees and interest rates.
● Bad Credit Loans
If you are in desperate need of funding but are not getting approved due to your bad credit history. LoansOne may be able to assist with unsecured personal loan options to those people who have slight credit impairment.
Eligibility Criteria to get the best personal loans from LoansOne
If you can satisfy the below eligibility criteria, you can qualify for the loan.
You have to be a minimum of 18 years of age to get approval for personal funding from LoansOne.
You should be employed or be a business owner to get personal funding. Your earning should range from 24000 dollars. If you are not sure whether your income is high or not, you can ask our financial specialists for further assistance.
The borrower has to be a permanent resident of Australia to be eligible for this loan type. Some Visa types accepted.
Documents Necessary to Get the Personal Loan Approval
To get the loan approval you have to submit the following documents.
● ID Proof
The borrower has to submit a copy of their passport, driver’s license or any valid photo ID proof of Australia.
● Income Proof
Submit the payslip and bank statements for the past 6 months if you are employed. If you are a business owner or self-employed, submit the tax returns for the past two years.
● Other Documents
If you have any existing debts, like credit cards or any other loans, submit statements of those accounts also.
How to apply for the best personal loans from LoansOne?
You can apply for both secured and unsecured personal loans from LoansOne in the following ways.
You can call us or apply online by submitting the form. You have to fill up some vital information and upload the required documents to complete the application process. The application takes only 5 minutes of your time.
We will verify the documents, and if everything is fine, we will approve the funding within 7 days.
● Fund transfer
The loan funds will get transferred to the borrower account within 2 to 3 days of the loan approval.
Do you still have any other questions related to personal loans? Then get in touch with us, and we will clear all your confusion.
Eligibility Criteria: Be 18 years and over, be currently employed, be a permanent Australian resident or NZ citizen; Be able to demonstrate a reasonable credit history and be free from bankruptcy for the past 7 years.