The total cost
Add up fees, interest and charges so you know the real figure before you accept.
A plain correction
This is not an instant cash loan
You can apply online through Koala Loans, but decisions and funds are not instant. A credit provider assesses every application.
The address of this page includes the word “instant”. The content does not. Koala Loans does not offer instant loans, instant decisions or instant funds.
You can still apply online for amounts from $500 to $10,000. A credit provider then reviews the application. If they need more information, they may contact you. If they make an offer, you choose whether to accept it.
If you arrived here hoping for a same-moment result, it is better to hear that plainly now than after you have started the form.
Start with the amount
Move the slider, pick a reason if you have one, then open the form.
Weigh any offer like this
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
Do you offer instant loans?
No. Koala Loans does not offer instant loans or instant decisions. A credit provider assesses each application, and times vary.
Why does this page exist then?
This is a long-standing address on the site. We keep the URL so existing links still work, and we describe the process accurately on the page itself.
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.