Personal Loans / Debt Consolidation

Personal Loans

When you are applying for a personal loan it is better to have someone working on your behalf because we can do the analysis on your profile as a client and see which lenders are going to work best for you and that will increase your chances exponentially.

The interest rates have a variation from 8.99% through to 28.99% and it is all dependent on your personal circumstances and credit profile but where you can most likely come out in front is by having us negotiating  on your behalf we can have that conversation with the lender and present a case for them to apply a rate discretion if we have enough evidence to warrant that.

The purpose for the loan can be for pretty much everything from holidays to medical procedures, home improvements to household goods and most options are available.


Debt Consolidation

As with the personal loans the rate you will receive will again be dependent on your overall profile and credit history.

We can help you to consolidate outstanding credit cards, personal loans and small debts which can incorporate personal debts to friends and family. There are many different options and reasons for obtaining a consolidation loan and quite often if you are successful it can substantially lighten the monthly financial load.

Please note all personal loan lenders have different criteria so we look to ensure that you are most likely to meet all of the requirements before making any applications on your behalf.

Frequently Asked Questions

What happens if I have bad credit?
We have lenders on our panel who deal specifically with bad credit applications. If we can't help you immediately, we will put together a plan to get you in the position to obtain finance.
What documents do you need?
We need to verify your identity and income so we will need your licence, medicare card and two most recent payslips. (we may require more but that is a start)
Can you help me if I'm unemployed?
Yes, we have helped clients who are solely on Centrelink benefits. If you are unsure if you would qualify, please get in touch and we will see what we can do.
I'm self -employed and have no financials. Can you help?
Yes we can, please contact us to talk through your situation.
I unsure of how much I can borrow?
Your borrowing power depends on many factors, we can help you determine how much you are able to borrow.
Can I get a loan with irregular income?
Banks assess applications on a case to case basis and will depend on things such as credit history, time in employment and equity/deposit ect.

Did We Answer Your Question?

If you are still wondering if we're the best people for the job, only way to find out is to have a chat with us.

This information provided by The Funding Factory under Australian Credit Licence 408202, Credit rep number 412577 is of a general nature and for information only. Nothing on this website constitutes or should be considered to constitute legal, taxation or financial advice. Before making a decision about any of the products and services featured on this website, you should consult with your own independent legal, taxation and financial advisors, who can advise you about your personal circumstances.

* The Funding Factory approved customers only. Terms, conditions, fees and charges apply. Deposit and weekly payments may vary depending on a number of factors, including the information you provide us and our assessment of your application. All applications are subject to lending and approval criteria.


© 2020 The Funding Factory. All rights reserved. Website Designer Melbourne.