Easy Financial Loans

Whether you were hit with an unexpected bill, are struggling for a loan need money to make a particular purchase, that can prove to be an issue if you don’t have enough savings tucked away.

Securing loans can provide easy financial aid in the short term, which is enough to get you on your feet. If that sounds like something you need, tag along as we give you the gist of easy financial loans and help you make up your mind about them.

What Are Easy Financial Loans?

easy financial loan


Easy financial loans are online personal bad credit loans. They’re much more flexible, straight-forward, and easy, compared to bank no credit settlement loans or credit cards. Their amounts may range from $300 to $5000, helping you cover various costs as we shall elaborate.

The online application process takes a few minutes only. You’ll receive conditional approval in a matter of minutes and a final answer in a few hours to a day if you apply within business hours. That means you get to save yourself a few weeks and skip the tedious paperwork that you’d have to fill out if you were dealing with a bank (what is bank loan).

In terms of flexibility, you can adjust your repayments to line with your pay cycle so that you can be sure not to miss a payment. And you can schedu


le your instalments to be weekly, bi-weekly, monthly, or bi-monthly.

Do I Apply for a Secured or Unsecured Loan?

easy financial loans bad credit

Both secured and unsecured loans for cash have their pros and cons. On the one hand, secured loans tend to have lower interest loans, as you provide a car, house, or other property as collateral. Therefore, if you prove unable to repay the loan, the lender can sell the collateral to procure the owed money.

On the other hand, unsecured loans don’t require a deposit or collateral, but they often have higher interest rates than secured loan same day. Moreover, they’re repaid over a shorter period of about 2 to 5 years, which can be a blessing if you’re looking to become debt-free as soon as possible.

Tip: Take a closer look at the total costs of a payday loan Australia, including the interest rate and additional fees, whether that’s late payment fees, missed payment fees, early payment fees, or default penalties.

What Can I Use an Easy Financial Loan For?

Easy financial short term loans Australia have a variety of uses, such as:


  • Debt consolidation
  • Home improvements and renovations
  • Car and vehicle purchases
  • Car and vehicle repair
  • Small business funding
  • Holiday costs
  • Medical bills
  • Financial emergency loans
  • Wedding costs
  • Education costs

Am I Eligible for an Easy Financial Loan?

The eligibility criteria are different for each lender, but these are the main boxes to check:

  • Be 18 years old or over
  • Be an Australian citizen or permanent resident
  • Have a sufficient, steady source of income
  • Prove that no less than 50% of your income comes from alternative sources if it includes Centrelink privileges
  • Have no other personal loans or outstanding debts
  • Have a checking account from a UK based bank
  • Provide banking statements (read-only access to at least the past 90 days of bank statements)

How Do I Apply for an Easy Financial Loan?

There are only three simple and easy steps that you can follow to secure your needed funds.


1. Fill Out a Form

easy financial loan bad credit

As we’ve mentioned, filling out the online application only takes minutes. You can expect to be asked for information and documents, including:

  • Personal details, such as your name, address, phone number, and email address, among other contact information
  • Bank details
  • Recurring income, which can be provided by a job or government payments

2. Wait for Approval

You’ll receive instant conditional approval. Afterwards, we’ll review your application and verify your information.

3. Get Matched With a Lender

We’ll notify you of the lenders that would be interested in lending you based on your financial circumstances.

Tip: Try to submit your application as early as possible because if your application gets accepted before 3:00 PM on a business day, you’ll receive your funds the same day.

Can I Get an Easy Financial Loan With Bad Credit?

financial loan

Banks and other financial institutions might be reluctant to lend someone with a bad credit score because it’s an implication of their inability to meet their repayments in the past. Accordingly, there’s a risk that they’ll do so in the future.

However, Perfect Payday deals with many lenders who’ll grant bad credit loans. We consider your current relationship with money and your ability to repay the loan, rather than your past issues.

Should I Use an Easy Financial Loan for Debt Consolidation?

financial loans

For debt relief, consolidation is a popular solution, allowing you to condense all your debts into a single, affordable payment. Not to mention, if the new loan has a lower interest rate than your previous one, you get to save money on interest.


If you’re looking to secure easy cash, small loans Australia are a viable option to consider, as you can use them to cover various expenses. Furthermore, the 3-step application process couldn’t be easier or faster, and the repayment terms are flexible.

Of course, you’d have to decide whether to choose secured or unsecured pension loans, which is a matter of weighing the pros and cons of each. And you’d have to check all the boxes that make you eligible for a loan, but that’s relatively easy to achieve. After all, easy financial loans are designed to help you reach the financial stability you wish to acquire.

About the Author

Lucy has over a decade of experience in finance. She is currently the content curator here at Perfect Payday.

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