Good to Go Loans Review

Company Outline

good2go loans logo

Reputable Australian financial services provider and lender Good to Go Loans specialises in giving short-term loans to people with short-term financial difficulties in a timely and trustworthy manner. Good to Go Loans has established a solid reputation as a reliable and honest lending partner in the market via its dedication to providing exceptional customer service and appropriate lending procedures.

Loan amounts from $500 to $30,000 are available from Good to Go, with durations of repay them ranging from six to twenty-four months. A broad spectrum of people can apply for these loans, including Centrelink recipients, Australian pensioners, and quick loans for anyone that is unemployed.

Fast Cash Loans Offered

Small amount credit contracts (SACCs) are a loan type available from $500 to $2,000, while bank lines of credit offer similar amounts and cash loans through Good to Go Loans can go up to $5,000. Repayment lengths range from six to twenty-four months for both.

Personal Loans

Good to Go Loans is a lender that provide personal loans to meet the demands of people in different situations. They offer brief personal loans with brief payback periods. Additionally, they provide adjustable personal loans in a range of loan amounts, so clients might get the exact amount that best meets their income requirements.

Good to Go Loans is dedicated to helping people with poor credit by providing quick background checks and short-term financial support. Additionally, they offer no interest on personal loans to Centrelink recipients, Australian elderly, and jobless people with assets that generate money. These Centrelink payments could be considered a steady source of income, making it easier for recipients to qualify for loans.

Personal loans with durations ranging from six months to two years are available from Good to Go Loans, with amounts ranging from $3,000 to $30,000. These loans fall under Small Amount Credit Contracts (SACCs) and Medium Amount Credit Contracts (MACCs), which are governed by specific regulations related to fee structures and repayment options.

Car Loans

Focused on offering a quick and easy finance solution, the organisation makes sure that all car-related costs are covered. All applications are welcome, and Good to Go Car Loans offers auto financing to a variety of people, including those with poor credit.

To meet the interests and desires of its customers, the loan service provides both secured and unsecured financing alternatives for new and used cars. Additionally, they offer auto repair loans with a simple and fast application process. Low-doc auto loans are approved through another service provided by Good to Go Car Loans, which allows for a quick and easy verification procedure to cut down on pointless paperwork and delays.

Good to Go Loans offers specialised corporate Car Loans that are excellent for meeting a range of corporate transportation needs. These loans are ideal for business owners looking for financial support for fleet development or car-related expenses. Good to Go Car Loans offers a simple, online fast-approval process in an effort to give people with a history of negative credit a second shot.

Good to Go offers a flexible selection of automobile loan options, starting at $3,000 and going up to $30,000, to suit your needs. After approval, you can use funds from the loan to pay for repairs on your current vehicle or to buy a new one. The loan terms are flexible, with durations ranging from six months to two years, so you may select a repayment schedule that best fits your needs. By accepting the terms, you confirm that you have reviewed and understood the loan contract and related documents.

Business Loans

For companies looking for additional funding for retail stock loans, store fit-outs, extensions, and other purposes, Good to Go Loans is a lender that offers a practical answer. The financing service ensures quick and easy funding acquisition with an easy online application and payment process.

Offering businesses a second chance to achieve their objectives and lessen financial constraints, Good to Go Loans provides a variety of business loans available under particular circumstances, allowing companies to access more money when they need it. Among these are bad credit business loans, which serve companies with less-than-ideal credit histories and give them the chance to obtain much-needed funding in spite of previous failures. Payroll cash advances are another kind of business loan that can be a useful tool for effectively handling payroll.

For company loans, there is no set minimum or maximum borrowing amount. Just apply for a loan, specifying how much you need to borrow, and then wait for the approval procedure to be completed. Additionally, loan repayment lengths vary from six months to two years.

Bad Credit Loans

These loans are designed to assist people who have a less than perfect credit history. They provide a means of getting over previous financial losses and pursuing goals without obstacles, with an emphasis on quick approval of loans designed especially for individuals with poor credit. They can also assist those whose loan applications were turned down by conventional lenders. Good to Go Loans is committed to giving its clients a second opportunity and a new start so they can embrace a better and more hopeful financial future.

Early termination fees are not charged at Good to Go Loans. To learn more about other related loan expenses, such as minimum and maximum APRs, start-up fees, monthly fees, and default fees, borrowers must speak with contact their customer hotline directly.

Application Process and Features of Good to Go Loans

  • Quick Approval procedure: Good to Go Loans may provide a simple and fast application procedure, with approvals frequently coming through in a short amount of time.
  • Flexible Loans: To accommodate a range of financial demands and circumstances, they may provide a variety of loan kinds and borrowing possibilities.
  • Consideration for Bad Credit: Good to Go Loans may be more accommodating to borrowers with subpar credit histories, giving such borrowers options.
  • Small to Medium Loan amounts: They might specialise in providing loans with smaller to medium-sized quantities that are appropriate for urgent financial needs.
  • Suitable Repayment Terms: Good to Go Loans may offer flexible terms that let borrowers select a reasonable timetable for repayment.
  • Online Application: Applicants may find it more convenient to submit their loan applications online, which improves accessibility and efficiency.
  • Personalised Service: They may provide borrowers with individualised assistance in locating the best loan plan to meet their requirements.
  • No Hidden Fees: Good to Go Loans takes pride in being open and honest, making sure that all costs are stated up front to save unpleasant surprises down the road.
  • Financial Ombudsman Service: If a complaint is not adequately addressed by the lender, the Financial Ombudsman Service can intervene to ensure consumer protection.

To learn more details about the types of loans you can apply for, the application process and your eligibility, you can visit Monzi.com.au

Factor In Costs

You won't use a penny to apply for our lender-finding service, but here's some costs you could expect from a lender

Loan amount

$300 - $2,000

Terms

16 days (minimum)

12 months (maximum)

Costs

20% upfront establishment fee

+ 4% monthly fee

Example

Representative example based on a loan of $1000 over 6 months a borrower can expect to pay a total of $1440.

Disclaimer: Under the current legislation, all Small Amount Credit Contract loan providers don’t charge an annual interest rate. The maximum you will be charged is a flat 20% Establishment Fee and a flat 4% Monthly Fee. The minimum loan term is 16 days and maximum loan term is 12 months. Representative example based on a loan of $1000 over 6 months a borrower can expect to pay a total of $1440.

Loan amount

$2,100 - $4,600

Terms

12 months (minimum)

24 months (maximum)

Costs

47.8% Annual Percentage Rate (APR)

65.85% Comparison Rate p.a.

Example

Representative example based on a loan of $2500 over 24 months a borrower can expect to pay a total of $4,556.88.

The maximum interest rate for a Medium Amount Credit Contract is 47.8%. Comparison Rate 65.85% p.a. The maximum loan term is 24 months. Representative example based on a loan of $2500 over 24 months a borrower can expect to pay a total of $4,556.88. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Credit criteria and terms and conditions apply.

Loan amount

$5,000 - $15,000

Terms

12 months (minimum)

24 months (maximum)

Costs

47.8% Annual Percentage Rate (APR)

47.8% Comparison Rate p.a.

Example

Representative example based on a loan of $10,000 over 36 months a borrower can expect to pay a total of $18,995.04.

This is an estimate only and the comparison rate based on the example information provided. Other fees, costs and charges are not included. This calculation is not an offer for credit.The maximum interest rate for a Personal Loan is 47.8%. Comparison Rate 47.8% p.a. The maximum loan term is 24 months. Representative example based on a loan of $10,000 over 36 months a borrower can expect to pay a total of $18,995.04. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate with the lender that finances your loan. Credit criteria and terms and conditions apply.