If you have been looking for unsecured personal loans in Australia but haven’t had much luck, at Viva Payday Loans we can help. Finding unsecured loan options that suit you can be a quick and simple process, and we can connect you with lenders of unsecured personal loans in Australia quickly and efficiently. Rather than spending countless hours looking for unsecured loans, you can simply fill out our easy to use online form and apply straight away. Whether it’s a small unsecured personal loan of $100 for a shorter time period of a couple of months, or a larger sum up to $5,000 over a year, we simplify the application process so you can receive funds on the very same day that you apply. Just tell us how much you would like to borrow, fill out the form, and we can give you options for unsecured personal loans in Australia in an instant. To begin your application for unsecured loans, click apply now and fill in your details to see your lender offers.
Note: Viva Payday Loans is a lender-finder service in Australia, we do not offer financial advice. Please consider seeking independent legal and financial advice to check how the information and ideas presented on this website relate to your unique circumstances.
What Is An Unsecured Loan?
Unsecured personal loans come in differing forms and can be anywhere between $100 – $5000. The repayment period at Viva Payday Loans is between 3 – 12 months, depending on your preference and the payback period you wish to specify. A Payday Loan is a type of unsecured personal loan in Australia, with a fixed price, over a certain amount of time. This makes them ideal when you are facing a financial emergency, when you need quick cash to cover an immediate monetary problem. This could be in situations where you need an unsecured car loan for an immediate repair, an unsecured personal loan for pensioners, for those of you who are still working and require cash fast, or any other kind of emergency expense, such as an unexpected bill. Once you have applied for your unsecured personal loan, and you have been approved, you can receive money into your bank account on the very same day, if the lender and your bank support faster payments. As a responsible lender, we can only provide you with an unsecured loan if we believe that you have the affordability to pay it back.
Secured Vs Unsecured Loans
We have many customers ask us the difference when it comes to secured vs unsecured loans. Secured loans differ from unsecured personal loans in Australia as with a secure loan, a personal asset must be offered which you will usually be able to borrow up to half the value of. Rather than repossessing an asset if you are unable to keep up with the repayment, an unsecured loan allows people with short-term cash flow issues to settle their financial difficulties, without having to be concerned about repossession of assets.
How to Apply for Unsecured Personal Loans in Australia
To be eligible to use our free online service to find easy loans, you’ll need to meet a few minimum requirements first. This doesn’t guarantee you’ll be successful in your application, but will allow you to see your lender offers for an unsecured loan immediately:
- Be aged 18 years or over
- Be a current Australian citizen
- Have a regular source of income
- Have three to six months’ worth of bank statements available, so that lenders can offer a loan that fits in with your current financial position.
- Be able to provide proof of your income, whether from employment, Centrelink, or other government benefits.
- Be able to provide details of all existing liabilities, including credit card debt and any other outstanding loan obligations.
- Have utility bills or other expense statements.
Why Choose Unsecured Loans Through Us?
We are able to a provide a simple yet effective way of sourcing unsecured loans, using our loan-finder service. Finding a trusted lender can prove to be difficult, which is why we offer a helping hand in doing so. We offer our services regardless of your credit history, so unsecured personal loans for bad credit are entirely possible, assuming you have the current affordability to correctly manage the specified repayments. We are a broker of unsecured loans, so we do not lend you the money ourselves, but instead connect you with appropriate lenders who can, with the help of our free to use online service. We can then show you the available unsecured loans that are suitable and you can continue your applications through the lender. You could be able to receive your unsecured personal loan funds within an hour of approval. Please note, we have no control over the lending decision process with your chosen lender and do not provide a decision ourselves.
Unsecured Loans FAQs
- If I Have Bad Credit, Is An Unsecured Personal Loan Right For Me?
Whether you have good or bad credit, you can search for lenders by using our services and find offers for an unsecured loan. Unsecured personal loans for bad credit are entirely possible, as we use your current affordability as a parameter, rather than your prior credit history. We approve bad credit unsecured personal loans with very fast approval, allowing you to access a lender who will lend to someone with your financial circumstance. Unsecured loans for bad credit will require you to demonstrate you can afford the loan, and the lender may require you to provide additional information including your most recent bank statements. It should be noted that unsecured personal loans with no credit check are possible, but not every lender will permit this. If you are concerned about unsecured loans for bad credit and are looking for further advice or assistance with your finances, whilst we cannot provide this ourselves, there are other professional options you can consider including MoneySmart.
- Is Viva Payday Loans an Unsecured Loan Direct Lender?
We do not offer the funds for an unsecured loan ourselves. Instead, we are a credit broker for unsecured personal loans in Australia. We can connect you with various unsecured loan options, saving you time by allowing you to quickly fill in an application form to see our multiple lenders. Once you find a lender who suits your circumstances, you can quickly receive funds from the lender, sometimes as quick as an hour after your approval from the lender. Please note we cannot guarantee the exact time you will receive your funds and you should refer to your lender for more information.