Koala Loans

A bump in the week

A cash loan when a cost will not wait

Explore an application from $500 to $10,000 for a cost that arrived sooner than you hoped.

Some costs arrive in a hurry: a repair, a bill, or a gap that will not sit quietly until payday. A Koala Loans application lets you put a figure on that gap and ask a credit provider to consider it.

Applications may be considered from $500 to $10,000. How quickly a review happens depends on the credit provider, and on whether more information is needed. This page does not set a clock on a decision or on any funds.

If an offer arrives, read the total cost and the repayments carefully. A shorter term can look tidy and still leave a heavier weekly figure than you expected.

Start with the amount

Move the slider, pick a reason if you have one, then open the form.

$2,000

$500$10,000

Start your application

Weigh any offer like this

The total cost

Add up fees, interest and charges so you know the real figure before you accept.

The repayments

Check they fit the rest of your week, not only the first instalment.

The term

A longer term can ease the payment and raise the total. Read both.

Who can apply

We only accept Australian residents as applicants. You may also need to:

  • Be 18 years of age or older
  • Have a regular source of income
  • Have an active Australian bank account
  • Have a valid email address and mobile number

Questions on this topic

How much can I apply for?

Applications may be considered for amounts from $500 to $10,000. The amount, costs and repayment terms of any offer depend on the credit provider’s assessment.

Will a credit check be done?

Koala Loans does not undertake credit checks. In the event that a lender is willing to progress your loan application, they may conduct a credit check when assessing your application. Check their terms before you go ahead.

Can I use this for an unexpected bill?

Many people apply after a bill or a repair. Say what the amount is for in the form if you can, and weigh any offer against the rest of your week.

Does ‘fast’ mean a decision today?

No. Review times vary. A credit provider may need more information, and any funding timeframes are set by that provider, not by this page.