Credit24

Credit24 is owned by international group MCB Finance and currently serves over 700,000 customers worldwide. Listed on the AIM London Stock Exchange since 2007, Credit24 Australia provides Australians with short term loans ranging from $300 to $5000 and offers customers flexible repayment plans ranging from 1-12 months. Credit24 run all their operations loan application to approval with flexible loan packages regarding both price and repayment plans. Loans are agreed upfront with no hidden charges or fees.

Fact Sheet
Loan range $100 – $5000
Loan term 1 to 12 months
Turn over time 24 hours
Online application Yes
Mobile Application Yes
Repayment method Direct debit
Website URL credit24.com.au

OUR RATING

  • Website 4
  • Application 4
  • Prices 5
  • Product selection 5
  • Customer service 5

4.60

Types of loans offered

Online loans range from $300 to $5000 with the flexible repayment options available. Repayment plans can range from 1-12 months and cash can be in the bank on the same day.

Credit24 Australia provides

  • Holiday loans of between $1000 to $5000, to help you fund holidays and travel expenses.
  • Student loans. If you are a student living in Australia Credit24 Australia can help you keep on top of living expenses.
  • Medical loans that can quickly assist you when you need to cover medical bills.
  • Rental bond loans. Paying a new rental bond upfront is an expensive business so aCredit24 Australia loan can help you bridge the gap when you’re moving home.
  • Motorbike loans. With car prices high motorbikes represent a less costly form of transport especially with the option of a Credit 24 Australia loan repayable over your chosen loan term.
  • Credit24’s part-time employment loans mean you needn’t miss out on a short term loan even if you don’t work full-time.

Features

  • Instant approval: The entire process takes place online, and approval is usually made within 24 hours of applying, with funds deposited into your account in the sametimeframe.
  • Flexible payment terms: Credit24 loans offer payment plans to suit individual requirements based on their input. If you want to pay off a loan over a longer term Credit24 can help you do this. The online loan tool is a convenient way of checking out your repayment options of both repayment amount and repayment time-frame and there are no fees or charges for paying out your loan early
  • Affordable rates: Credit24 offer a variety of low rate personal loans, which may be cheaper than those offered at other short term loan companies. Since loans are unsecured the approval rate tends to be higher meaning you are more likely to get approved.

Eligibility

You will need access to the below in order to be considered for a loan:

  • An active email address.
  • A mobile phone number.
  • Access to your online banking account or an official copy of your issued bank statements or E-Statements that lie in the past three months.

Fees

All Credit24 loans are processed online, so you need to fill out the online forms with all your personal details. You then need to select a loan amount and repayment plan to suit. Sign the contract and send over your last three bank statements. If you get pre-approved the cash will be with you in one working day, along with an SMS with information about your payment and approval. Online applications have a 24 hour approval window. Once you’ve applied you can log in and find out the status of your application.