Speckle – loan
Online loans up to $2 000
Loan amount
$200 – $2,000
Interest from
2.00%
Term
3 – 12 months
Approval
24 hours
Applying does not commit you to a contract.
Properties of this loan
- Online loans up to $2 000
- Term 3 - 12 months
Speckle is an Australian fintech offering a digital line of credit rather than a traditional fixed-term loan — approved customers get access to a credit limit and only pay fees/interest on the amount actually drawn down, managed through a mobile app.
✓ Pros
- Line-of-credit structure — only pay for funds actually drawn
- Fully app-based application and account management
- Flexible access to funds up to an approved limit
- No large asset required as security
✗ Cons
- Line-of-credit facility fees can add up with frequent drawdowns
- No branch network for in-person support
- Not designed for large, one-off borrowing needs
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 Speckle is $200.
About Good Shepherd Microfinance
| Company | Good Shepherd Microfinance |
|---|---|
| Address | Level 11/350 Queen St, Melbourne VIC 3000 |
| Website | https://www.speckle.com.au |