There are a lot of lenders offering personal loans in Australia. Customers need to do some steps in at least seven minutes and get money. Now, read this article to get some information about ClearLoans personal loans.
In the previous post, Loansaustralia.net introduces people to some of the necessary information that is useful for getting the MoneyPlace personal loans, to get more information people can read the article You can get MoneyPlace personal loans in FOUR steps. Now, let find knowledge about loans of ClearLoans in the post today.
CLEARLOANS PERSONAL LOANS
Just like a lot of article posts about the personal loans in Australia, as well as each type of loans such as Credit24 personal loans, WisR personal loans, CUA personal loans, Now Finance personal loans…. this post about the ClearLoans also includes some main parts. They are:
1. Some requirements to apply for ClearLoans loans
- Customers must be between 18-75 years old
- Customers cannot be currently or recently bankrupt
- Customers must be able to find a suitable guarantor
2. Some steps to apply for loans of ClearLoans loans
Step 1: Create an application on ClearLoans website.
Customers need to tell them how much you want to borrow and for how many months. ClearLoans will ask you to send your bank statement to help ClearLoansi ensure the loan is affordable.
Step 2: Provide some important document.
ClearLoans will give you a link to send to your sponsor so they can complete part of the application. When your sponsor is accepted, ClearLoans will also ask them to provide their bank statement. Again, this is to ensure affordable payments in case they need to step in.
Step 3: Call ClearLoans
Once your sponsor has completed their part, you will need to call ClearLoans quickly so they can check your details and arrange payment. ClearLoans also need to talk to your sponsor before they can finish everything. ClearLoans will always tell you if and when ClearLoans can pay the loan.
Step 4: Get money
ClearLoans wishes to repay all loans within 24 hours of approval. It may take more time on weekends and national holidays. ClearLoans pay money to the sponsor’s bank account so they can give it to you. This is to protect customers from fraud, by making sure the sponsor is aware of the loan.
3. The interest rate and fees of ClearLoans loans
ClearLoans offers personal loans range from $3,000 – $15,000. These loans with terms between 12 and 60 months, with a maximum interest rate of over 20% p.a. and a comparison rate of over 20% p.a. on a loan secured by a guarantee of $10,000 for a three-year term.
- No set-up fees, such as an establishment fee.
- No late payment fees.
- No early settlement fees.
| Product Name | ClearLoans Personal Loan |
|---|---|
| Minimum Loan Amount | $3,000 |
| Maximum Loan Amount | $15,000 |
| Arrears Fee | $0 |
| Loan Term | 60 months |
| Turnaround time | Next business day |
| Costs | over 20% APR of the borrowed amount |
EXAMPLE: With a personal loan of $5,000 of ClearLoans
- Borrowed for 3 years
- Interest rate: 30%
- Repaying $180.55 per month
- The total amount payable of $6,500
This post is about loans of ClearLoans. We provide this information to offer you some of the necessary information that is useful for getting loans from ClearLoans. Also if you are looking for information about the personal loans from Symple, please refer to the Symple personal loans link we just provided in the previous article.
Anita (Team Content) – ClearLoans personal loans
