Financer.com review

Applicants ask for amounts of $250 to $35,000, which spans small short loans to larger balances for bigger jobs. Terms run 3 to 72 months, so a larger sum can be spread over a longer stretch to keep monthly payments lower. The panel includes personal, payday and debt consolidation lending.

Rates vary by lender, so the panel is quoted at 5.99% to 35.99% and you see the price for your own application rather than one headline rate. A broker sets no single price of its own, which is why the same panel can produce very different offers. Read the representative example before you sign.

Eligibility is tested with a soft prequal approach, so the check is lighter than a hard search on the credit file. The lender that offers the loan can still run its own check before releasing funds, and that step behaves differently, so a firm offer is the point at which a full check may happen.

The panel is aimed at poor credit histories, so a thin or damaged file is the target rather than a barrier. That does not mean approval, since each lender sets its own criteria. You also need to be a minimum age and hold citizenship, and the panel covers personal, payday and debt consolidation loans.

Published funding time is Within 24 hours, and the feature list includes same-day funding for the fastest routes. That is the time to cash, not the time to be approved, so a decision normally comes first. If the money is for an emergency, check what happens when an offer is declined.

Free early repayment is on the terms, so settling the balance before the end of the term carries no extra fee. That is worth a lot if your income is likely to rise or you want to clear the balance after selling something. Keep paying as agreed until the account is actually closed.

Support runs on email, help centre and community, so questions go by email, through the self-serve help centre or in the community. There is no phone line listed, which suits people who prefer to keep everything in writing. Keep your reference to hand so a reply can find your file quickly.

It is a matching service operated by Financer Limited, a broker that puts your details to several lenders rather than lending from its own balance sheet. That structure explains the wide rate range, since pricing comes from the panel. Applicants need to be a minimum age and hold citizenship.