Need to Borrow Money? Find a Lender With Safrock

Borrow Money

Borrow money fast, without the hassle

Whether we like it or not, we live in a fast-paced world. Most things are available at the click of a button. We can watch an entire TV series in an afternoon, order a meal and even pay our bills – all from the comfort of the couch. For better or for worse, things are speeding up! That’s why at Safrock, we are revolutionising the world of online lending and how people borrow money.

Our team thinks Aussies should be able to borrow money fast without the hassle. So when you apply for a personal loan with Safrock, we’ll do the hard work for you and search for a suitable lender to meet your needs. It’s borrowing, made easy!

How can I borrow money fast?

if you’ve been googling ‘borrow money till payday’ or ‘the best way to borrow money with bad credit,’ Safrock has all the answers you seek! You can borrow money from a range of different creditors, including banks and online lenders. Although banks typically can provide larger and more varied loan products, their processing times can also be much longer. Online lenders usually have faster turnarounds and smaller loan amounts, enabling you to borrow money quick.

If you need to borrow money now, but don’t have the time to fill out multiple applications and browse through multiple lenders – Safrock can help. Our lender-finder service could find you the right lender with just one application. Although we can’t guarantee you’ll be able to borrow money online instantly, we can guarantee our lenders will give you a fair go at finance.

What could I use a personal loan for?

A personal loan can be used to cover a wide range of expenses, from medical bills to travel to debt consolidation.

We understand our clients need to borrow money fast for a variety of different reasons. That’s why our network of lenders offer loans that are super flexible. Safrock could find you a lender to provide cash for anything from a rental bond to a holiday.

Plus, when you apply with Safrock we’ll cut straight to the chase. Our application is super easy and quick to fill out. If you’re ready to get started all you’ll need to do is scroll up to the top of the page and use our loan calculator to input your desired amount and repayment period.

Can I get an instant loan?

It depends on what you mean by instant. In most cases, online lenders cannot guarantee approval for personal loans as they have to assess your application first. However, with the introduction of the New Payments Platform (NPP), many lenders can now transfer funds immediately to approved applicants if they have an NPP-enabled account.

If you’re looking to borrow money fast, Safrock can promise fast outcomes. Should you submit an application during regular AEST business hours our team will do their best to get back to you within 60 minutes. If we find a match, you could receive funds from your new lender in no time!

Can you find me a lender offering an unsecured loan?

An unsecured loan is a loan that does not require collateral as security. Traditionally, unsecured loans are usually smaller loan amounts, under $2,000.

At Safrock, we work with lenders who let customers borrow money from $2,500 to $25,000. So, it might be a good idea to have an asset you’re willing to attach as security if you want to borrow money of a higher value.

Keep in mind though that each lender is different. Your individual lender will let you know if collateral is required as security against your personal loan. Lenders will assess loan applications based on affordability and suitability. This just means that if they can see your repayments will fit comfortably within your budget, they may still consider you for a loan. At Safrock, we partner with lenders who are committed to responsible lending – that means you will always be in safe hands.

Can I borrow money against my car?

If you own a vehicle, you can use your car as security. Having a vehicle to attach as security really expands your options when you want to borrow money online. If you need to borrow money quickly, it might be a great option to borrow money against your car.

At Safrock, the lenders we work with will definitely accept cars as a form of security. When you apply, just make sure you have this information handy:

  • Registration;
  • Make;
  • Model;
  • Transmission;
  • Fuel type;
  • Other general information about the vehicle.

How much money can I borrow?

You can apply for a personal loans from $2,500 all the way up to $25,000. Our lender partners offer both medium and large personal loans. Here is a quick summary of their loan options:

Our lender partners can offer you

Loan type Amount Term
Medium personal loan $2,100 to $4,600 13 to 24 months
Large personal loan $5,000 to $25,000 13 to 36 months

Ultimately, the Safrock team will search through our large network of reputable lenders to find the right loan solution for you.

Who can apply to borrow money?

If you’re ready to submit an application to borrow money quick then you’ll be pleased to know we like to keep our application criteria pretty simple. Here’s the criteria you’ll need to meet if you’d like to submit an application:

Must be over the age of 18;
Receiving some type of regular income for the last 90 days into a bank account that is your own;
Must have an active mobile phone number and email address;
Internet banking set up.

What documents will I need to show my lender?

The good news is, we don’t do paper forms – not even paper payslips. Here’s what our team recommend you have handy whilst filling out your application:

  • Personal details like your online banking & employment info;
  • An active email address and mobile number;
  • The reason you are applying for the loan;
  • Your MyGov details (if you are receiving Centrelink payments);
  • Employer and contact details.

Can I borrow money if I have bad credit?

In short, yes! Many lenders will consider applicants with bad credit if they are able to verify that your relationship with money has changed. They can do this by looking at other factors such as income, spending habits and pre-existing financial commitments.

At Safrock, we partner with lenders that look beyond credit scores. So, our lenders will look at other factors as well when determining how you are going to repay your loan. Although we can not guarantee you will be able to borrow money with bad credit, we can assure you our lending partners will do their best to match you with a compatible loan product.

Will my lender do a credit score check?

Most likely, yes. Majority of our lenders will not allow you to borrow money without a credit check. However, there is no need to stress. Credit checks are just a part of our lender’s commitment to responsible lending and they will not base their entire assessment off the result of your credit rating. At Safrock we only associate ourselves with lenders who are responsible, legitimate and reputable. If you have any questions regarding bad credit loans, get in touch with our friendly team to learn more.

Can I get a loan on Centrelink?

In some cases, lenders will consider regular Centrelink or other government benefits as income. So, if you are receiving government assistance regularly, and your repayments will fit comfortably within your budget, you may still be approved to borrow money.

When it comes to low income loans, lenders will always assess your ability to borrow money by affordability and suitability. If they see you have some sort of regular income coming into your account, they are likely to consider your application

Why do I need to submit online banking details?

We ask for your banking credentials so a possible lender is able to access a read-only copy of your bank statements. This allows a possible lender to get a better understanding of your current relationship with money. If they can see you’ve made an effort to reconcile bad credit you could be eligible to borrow money with bad credit.

There is no need to worry about security, Safrock partners with the very best in the business who use the latest in safe-banking technology. Your details are encrypted as you enter them, and then they’re permanently deleted once we’ve got what we need. If you have questions regarding this process the Safrock team is here to help, we encourage you to get in touch.

What are the interest rates?

When you borrow money online, you’ll notice the interest rates will vary from lender to lender. These interest rates will be included in the comparison we provide for you. We recommend weighing up the options of each loan before you make your decision.

Keep in mind there may be additional fees and charges associated with your loan. When you borrow money online it is important to be aware of all of these extra fees. These often come in the form of dishonour fees or processing fees. These should all be included in the terms of your loan. If you don’t, however, feel like you understand all the costs associated with your loan, get in contact with your lender. Don’t commit to borrowing money unless you’re certain you know what you’re signing up for.

Borrow money today!

Think you’re ready to apply for a personal loan through Safrock? Scroll up now to begin your application and we’ll work hard to get you an outcome fast!

For more information on borrowing, head to our FAQ page or check out the MoneySmart website.