Our LastMinuteLoan form is super-fast and the easiest around! Based on the information you provide we direct you to one of many lenders.
Get a last minute loan when you really need it, as it is a fast and simple, short-term solution, not a long-term problem.
Applying with LastMinuteLoan is super-fast, taking just minutes. A automated system is fully online so no painful face-to-face meetings.
A simple, automated system gives connects you directly to lenders instantly.
Loan Amounts: Minimum $200 to Maximum $2,000
Terms: Minimum 16 weeks to Maximum 50 weeks
Costs: Up to 20% Establishment Fee charged upfront plus a monthly fee up to 4% based on a maximum Annual Percentage Rate (APR) of 98%
Example: Loan Amount of $1,250 over 28 weeks repayable weekly
$1,250 (Principle Amount)+ $250 (20% Establishment Fee) + $350 (fees based on APR of 98%) = $1,850 total repayable in 28 weekly instalments of $66.07
Loan Amounts: Minimum $2,005 to Maximum $3,000
Terms: Minimum 39 weeks to Maximum 52 weeks
Costs: $400 Establishment Fee plus fees based on a maximum Annual Percentage Rate (APR) of 48%
Example: Loan Amount of $2,500 over 52 weeks repayable weekly
$2,500 (Principle Amount)+ $400 (Establishment Fee) + $760 (fees based on APR of 48%) = $3,660 total repayable in 52 weekly instalments of $70.38
On average, people have the money available within minutes of the transfer. Sometimes it may take up to 2 hours, though, depending who you bank with.
Loans are not rolled over or refinanced, and therefore no renewal fee is charged.
The penalties for non payment vary depending on the lender that finally fullfils your loan requirements. They range from civil legal action to ongoing fee's and charges untill the loan balance is settled.
For our Small Loans of $200 to $2,000, an APR (Annual Percentage Rate) doesn't apply. These loans are fee-based only, so they don't have an APR. The Medium Loans have a maximum APR of 48%. The Small Loans have a maximum APR of 98%.
You'll always see a clear breakdown of all your fees and repayments before you confirm your loan. As a quick reference, though, here's a general breakdown of fees:
If you can't repay on time please let the lender know immediately so they can reschedule the repayment. The fee for missing repayments is $15. Other fees and charges may also apply depending on the lender. If you miss a payment, the lender will always try to contact you to attempt to sort out an affordable arrangement.
All participating lenders comply with all government regulations related to short term loans and are compliant. Lastminuteloan is compliant with all regulations related to the referral of loan enquiries.
!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
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 if you can receive an advance from Centrelink: Phone: 13 17 94
The Government's 314-490-6808 website shows you how small amount loans work and suggests other options that may help you.
*This statement is an Australian Government requirement
under the National Consumer Credit Protection Act 2009.