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ClearLoans - description of the lender

clearloans

Loan amount

$3,000 - $15,000

Loan term

1 - 5 years

ClearLoans - description of the lender

Company

The most important thing for ClearLoans is that you have a friend or family member who trusts you enough to guarantee to make repayments if you don't, and that you can afford to repay the loan. Before they pay out any guarantor loans, ClearLoans have a chat over the phone with both you and your guarantor.

Representative example

$10,000 over 36 months (secured by guarantee) repaying $498.66 per month, total repayable $17,951.76. Interest Rate p.a. 43%.

Application processing time

ClearLoans aim to pay out every loan within 24 hours of it being approved.

Requirements

Borrowers have to be Australian residents aged 18-75, not on an active bankruptcy, Part IX Debt agreement or equivalent and able to comfortably afford the repayments. They will also need a friend or family member who trusts to be a guarantor.

Office hours

9am - 9pm (AEST) Mon-Fri

Additional information

Applications: 03 8566 7773
Collections: 03 8566 7726

Send Docs: docs@clearloans.com.au
Collections: collections@clearloans.com.au

Other offers

Minimum loan amount

$2,001

Maximum loan amount

$75,000

Minimum loan term

12 months

Maximum loan term

7 years

APR

6.25 - 20.99 %

Minimum age

18 years

30

Representative example: Loan amount: $30,000, Loan term: 60 months, Total amount payable: $35,533, APR 6.25 %
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

Minimum loan amount

$5,000

Maximum loan amount

$80,000

Minimum loan term

3 years

Maximum loan term

7 years

APR

6.95 - 26.99 %

Minimum age

18 years

33

Representative example: Loan amount: $15,000, Loan term: 60 months, Total amount payable: $20,256, APR 10.99 %
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

Minimum loan amount

$2,100

Maximum loan amount

$30,000

Minimum loan term

6 months

Maximum loan term

5 years

APR

7.45 - 15.49 %

Minimum age

18 years

23

Representative example: Loan amount: $30,000, Loan term: 60 months, Total amount payable: $36,025.55, APR 7.45 %
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.

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