Jacaranda Finance review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Jacaranda Finance is a direct Australian lender aimed at borrowers with a poor credit history. You borrow AUD 3,000 to AUD 30,000 on fixed rates, and same day funding is the standout: money arrives seconds after approval, otherwise overnight. Eligibility needs a minimum age and steady income.

Key facts

Best for
Australians with a poor credit history who need a fixed rate loan funded on the same day.
APR
30.98% to 46.5% (Source, checked September 26, 2026)
Loan amount
A$3,000 to A$30,000 (Source, checked September 26, 2026)
Term
25 to 48 months (Source, checked September 26, 2026)
Arrangement fee
Establishment fee $13.50 - $990 (unsecured personal loan); $125 - $1,190 (secured personal loan) (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Same day; funds in 60 seconds after approval, otherwise overnight (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
At least 19 years of age; employed permanently or casually with consistent income for 90 days; Australian citizen, permanent resident or eligible temporary visa subclass holder; active email, phone and online banking details; fixed address (Source, checked September 26, 2026)
Loan types
Personal, Debt-consolidation, Secured, Car (Source, checked September 26, 2026)
Credit needed
Poor (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Jacaranda Finance Pty Ltd (Source, checked September 26, 2026)
Headquarters
Australia (Source, checked September 26, 2026)
Founded
2014 (Source, checked September 26, 2026)
Support channels
Email, Phone, Chat, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding
Official website
jacarandafinance.com.au

Apps and profiles

Get the app
Google Play
Elsewhere
WikidataLinkedInproductreview.com.au

Pros and cons

Pros

  • Open to poor credit, with a hard credit check run on your file
  • Same day funding, with funds sent seconds after approval and otherwise overnight
  • Fixed rate pricing on 30.98% to 46.5% keeps the repayment figure steady
  • Free early repayment, so clearing the balance early costs you nothing

Cons

  • The top of the 30.98% to 46.5% range is high, and an establishment fee applies on top for unsecured and secured personal loans
  • Borrowing is capped at AUD 3,000 to AUD 30,000, so larger costs need another lender
  • A hard credit check is required, and eligibility needs a minimum age, consistent income for a waiting period and active online banking
Jacaranda Finance

Ready to try Jacaranda Finance?

Scored 9.0 / 10 by BorrowCue.

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Who it suits

  • Australians with a poor credit history who want a fixed rate personal loan
  • People who need a home improvement loan funded on the same day
  • Borrowers consolidating debt or covering a car cost who value free early repayment

Who should look elsewhere

  • Anyone after a variable rate deal, because fixed pricing is the only model here
  • Borrowers needing a much larger facility, because AUD 3,000 to AUD 30,000 is the ceiling
  • Anyone without a hard credit file, because a hard credit check is required

How Jacaranda Finance compares

Where Jacaranda Finance is available

Available
Australia
Licence in Australia
Australia (Australian Credit Licence) (456404), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What is the interest rate on a Jacaranda Finance personal loan?+

The lender offers fixed rate pricing, with APR running 30.98% to 46.5%. Because the rate is fixed rather than variable, your repayment figure stays the same across the term. The exact rate you are offered depends on your application.

How much can I borrow and over what term?+

Borrowing runs AUD 3,000 to AUD 30,000 with a term of 25 to 48. Personal, debt consolidation, secured and car loans are all listed among the loan types, so the same facility can serve a renovation or a consolidation.

What fees will I pay on a Jacaranda Finance loan?+

An establishment fee applies to the loan. It is charged on unsecured personal loans and sits at a different level for secured personal loans, so a secured application carries a different fee band to an unsecured one.

Will I be approved with bad credit?+

The credit profile needed is poor, which is why the lender is often compared with bad credit options. A hard credit check is run, and the decision comes from your file, so there is no guarantee of approval on any application.

How quickly will I get the money?+

Same day funding is the feature that sets this lender apart. Funds arrive seconds after approval, and if that window passes, the money reaches you overnight, which suits urgent costs.

Is Jacaranda Finance regulated in Australia?+

The lender is a direct lender based in Australia and holds an Australian Credit Licence. It is also a fixed rate lender, so the regulator to check is the one named on that licence in Australia.

Can I repay the loan early without a charge?+

Free early repayment is available, so clearing the balance ahead of schedule does not attract an extra fee. That makes the loan easier to manage if your income improves or you want to clear debt consolidation sooner.

Who is eligible to apply?+

You need to be an adult, employed permanently or casually with consistent income for a waiting period, and hold Australian citizenship, permanent residency or an eligible temporary visa. You also need active email, phone and online banking details and a fixed address.

How do I get in touch with the lender?+

Support runs through email, phone and chat, so you can reach the team by email, phone or live chat, or read answers in the help centre. The lender was founded in 2014 and trades as Jacaranda Finance Pty Ltd.

Sources

  • jacarandafinance.com.au checked September 26, 2026

    Backs: Lender type

    “We're an Australian-owned, operated, fully online digital lender providing fast and flexible loans”

  • jacarandafinance.com.au/about checked September 26, 2026

    Backs: Founded, Headquarters

    “We began in 2014 with a simple vision”

  • jacarandafinance.com.au/interest-rates-and-fees checked September 26, 2026

    Backs: Free early repayment, Legal entity, Pricing model, Arrangement fee, Rate type, Support channels, Term, Licences

    “You can pay your loan back at any time at no extra cost. That means no early exit or payout fees.”

  • jacarandafinance.com.au/personal-loans checked September 26, 2026

    Backs: Loan amount, APR, Credit check, Credit needed, Eligibility, Features, Funding time, Loan types, Use cases

    “Personal Loans - $3,000 to $30,000”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Representative example.

Jacaranda Finance

Jacaranda Finance

Australians with a poor credit history who need a fixed rate loan funded on the same day.

9.0/10See alternatives

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