Company Outline
Credit24 Loans offers loan products that can be customised, letting customers choose the loan amounts and terms of payback. Sydney, Australia serves as the company’s headquarters. It was founded in 2012.
The customer support line for Credit24 is available 8 a.m. to 8 p.m. AEST Monday through Friday and 9 a.m. to 5 p.m. AEST on Saturdays. Although applications can be submitted after hours, they won’t be processed until the next day during regular business hours. Credit24’s credit licence number is 422839, and its ABN is 59130894405.
Small Amount Loans
Medium Amount Loans
Large Amount Loans
Additional costs related to Credit24 Loans:
For small personal loans, the establishment cost is 20% of the entire loan amount; for medium loans, it is a fixed $400 establishment fee.
$10 weekly late payment fee
The Credit24 website makes no mention of default or early repayment costs.
How to Apply
The online application form available on Credit24’s website facilitates the application procedure for their lending products. You can select an affordable repayment plan and the amount of your loan during the online application procedure. You can move forward with your application if your regular repayments have been outlined and you feel that they are manageable. In order to finish the application process, you must submit the following information:
- Both your mobile number and a working email address
- Your driver’s licence number, if applicable
- Access to the last three months’ worth of bank statements
You have to fulfil the following conditions in order to be qualified for a Credit24 loan:
- Be a citizen of Australia or a permanent resident.
- Be at least eighteen years old
- Have a job and have funds transferred into your bank account.
- Possess a solid credit record.
- Earn $1,000 or more per month.
Key Features of Credit24 loans
A 24/7 online application with the possibility of receiving cash within the hour (for certain banking institutions, provided the lender approves the application before the daily cutoff of 3 PM AEST) is one of the special lending characteristics of Credit24 products. Loans for big amounts and Line of Credit also have repayment terms extended up to 36 months. You can choose to make early repayments through Credit24’s online portal, which also shows you how much you now owe.
The business offers loan top-ups to particular customers. A loan top-up is an extra loan that the lender extends to borrowers in addition to the ones they already have. Customers who meet the requirements will be invited to make a loan top-up by email, SMS, or self-service site.
Make sure you have a good payment history with your other service providers and pay your loans on time within the allotted loan payback period in order to improve your eligibility. It would be simpler to handle your finances and money if you have a strategy.
Positives
- Quick approval and application processes for loans.
- Application processing online using the self-service portal
- Options for loan top-ups for qualified borrowers
- Set up an auto-debit account for regular payments