Rapid Loans – loan
Online loans up to $10 000
Loan amount
$2,001 – $10,000
Interest from
41.91%
Term
6 – 24 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Online loans up to $10 000
- Term 6 - 24 months
Rapid Loans is an Australian lender offering personal loans, including options for borrowers with less-than-perfect credit history, via both online application and a retail store network in some locations.
✓ Pros
- Online and in-store application options in some areas
- May consider borrowers with a less-than-perfect credit history
- Range of loan amounts available
- Established Australian lender
✗ Cons
- Rates for borrowers with weaker credit history are higher than prime bank lending
- Not the cheapest option for borrowers with strong credit
- Fees and charges can add up if repayments are missed
How to apply
- Submit your online application
- Wait for approval
- Wait for money
Loan requirements
- ✓ 18 years or older
- ✓ Australian citizen or permanent resident
- ✓ Regular income (including some government benefits, depending on the lender's policy)
- ✓ Active Australian bank account, usually for a minimum period
- ✓ Not currently in a debt agreement or bankruptcy
Frequently asked questions
24 hours
The minimum loan amount at Rapid Loans is $2,001.
About Rapid Loans Pty Ltd
| Company | Rapid Loans Pty Ltd |
|---|---|
| Address | 1924 Gold Coast Hwy, Miami QLD 4220, Australia |
| Website | https://www.rapidloans.com.au |