Koala Loans

When the day feels tight

Need money in a hurry? Read this first

You can apply online through Koala Loans, but we do not promise funds on the same day. Assessment and timing sit with the credit provider.

When money is tight today, it is tempting to hunt for a promise on a webpage. This page will not make one. Koala Loans can take your application online; a credit provider then reviews it, and times vary.

If you are already in financial hardship, talking to existing creditors and reading independent guidance on moneysmart.gov.au may help sooner than a new application. A new loan adds a new repayment.

If you still want to apply, amounts from $500 to $10,000 may be considered. Eligibility and any funding timeframe sit with the credit provider, not with a headline on this site.

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

Will I receive funds today?

This page does not promise funds today. Application and review times vary, and any funding timeframe is set by the credit provider.

What should I do if I am already struggling?

Contact existing creditors early and ask about hardship help. Independent guidance is available on the moneysmart.gov.au website.

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.