The total cost
Add up fees, interest and charges so you know the real figure before you accept.
Apply from your phone
Online loans you can start in your own time
Submit a Koala Loans application from a phone or a laptop, then wait for a credit provider’s assessment.
The whole Koala Loans application sits online. You can fill it in from a phone or a laptop, without coming into a branch, and send it when the evening finally goes quiet.
Online does not mean hurried. Take the time you need with the form, and later with any contract you are offered. A credit provider may still ask for bank statements or other documents after you submit.
Amounts from $500 to $10,000 may be considered. Eligibility, costs and timing sit with the credit provider who reviews your application.
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
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.
How long does it take?
Application and review times vary. If more information is needed, you may be contacted by email or SMS.
Is the application online?
Yes. You can submit the form online, at a time that suits you. A credit provider may later ask for further details or documents.
Do I need to visit an office?
No. The application is completed online. A credit provider may later request documents by email or through a secure link.