Applying for a Fresh Loan
Forget about the lengthy forms, paper applications and endless fees that you end up starting to ignore. Flash Loans makes it easy for you to apply for a loan, and within minutes!
What you will need?
During your application we will ask you for information about yourself and your current employment situation. You will also need to supply us with 90 days worth of bank statements (up to the day you apply)
Requirements to apply?
- You are 18 years old or over
- You are an Australian Citizen or Permanent Resident
- You have been receiving a regular income into your personal bank account for at least 90 days
- You have a clean credit history and do not have a current personal loan with another provider
Types of Loans
Mini Flash Loan Fees
| Loan Fees And Charges | |
|---|---|
| Establishment Fee Payable once off per loan | 20% of principal |
| Monthly Loan Fee Where there is an outstanding debt balance, charged per month of part thereof | 4% of principal per month |
| Fees that may apply | |
| Dishonour Fee Charged each time a direct debit or other payment is not made in full or on time. This fee includes any reasonable internal and administrative costs and external third-party costs. | $20.00 |
| Default Fee Daily recovery fee to cover reasonable costs of administrating your account while your account remains in default | $5.00 |
Super Flash Loan Fees
| Loan Fees And Charges | |
|---|---|
| Establishment Fee Payable once off per loan | $400.00 |
| Interest Rate This is the annual percentage rate. Interest accrues daily, and is charged monthly in arrears- on the outstanding balance of your loan | 47.6158% p.a. |
| Comparison rate* | 65.6597% p.a. |
| Fees that may apply | |
| Dishonour Fee Charged each time a direct debit or other payment is not made in full or on time. This fee includes any reasonable internal and administrative costs and external third party cost | $20.00 |
| Reschedule Fee Charged each time on a repayment is rescheduled. This is a service fee which our reasonable internal administrative costs | $20.00 |
