WARNING: Do you really need a loan today?
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems. Check your options before you borrow:
- For information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor. The National Debt Helpline is also at ndh.org.au.
- Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
- If you are on government benefits, ask for an advance from Centrelink: servicesaustralia.gov.au/advance-payment.
The Government’s MoneySmart website shows you how small amount loans work and suggests other options that may help you.
Why this page is here
Koala Loans shows this warning so you can weigh every option before you start an application. A new loan adds a new repayment. If you are already under pressure, talking to existing creditors and reading the guidance above may help sooner than applying.
Koala Loans is a loan-finding service, not a lender. Any offer you later receive would come from a credit provider, and would be subject to their assessment.
This page was last reviewed on 13 November 2026.