Short Term Loans With Safrock

When life throws curveballs…

Safrock is a lender-finder. We do not offer financial advice when it comes to small loans. Consider seeking independent legal, financial, taxation or other advice to check how the information and ideas presented on this website relate to your unique circumstances. 

Short Term loans

Getting hitched? Car broken down? Leaky taps? Short on cash? There are endless reasons why you may need the help of a short term loan. There are also endless reasons why you may not apply for the help you need. You could be worried about the repayments or your credit history, but Safrock can find you a lender that could help you regardless of financial situation. It’s time to remove the stigma and talk about how short term loans with one of our premium lenders could help you.

We will cover everything you need to know about short term loans, and how Safrock can do the hard work for you!

What Are Short Term Loans?

A short term loan is a personal loan. Short term loans are generally scheduled to be repaid within a year, medium-term loans between one and three years, while long term loans are three years and above.  Moreover, short term loans are meant to finance your temporary financial needs.

Our lenders have a minimum loan term of 13 months. However, depending on the amount you need to borrow, we may be able to find you a personal loan with a loan term of up to 36 months. While these longer terms may seem attractive if you want a more affordable payment schedule, the longer you stretch it out, the more interest you will generally pay. Small, short term loans will always be cheaper in the long run.  


Repayments are the return of funds previously borrowed from your lender. With Safrock you can receive secured loan options from $2,500 up to $25,000. Your repayments will vary depending on the amount, duration, the lender you borrow from and the interest rate. You can use our loan from any page on our website to see just how low your personal loan repayments could be. 

If at any time you are struggling to make your repayments, we suggest you speak directly to your lender as soon as you can. Lenders could be able to offer you alternative repayment options if you give them enough notice. Keep in mind though that a secured loan enables your lender to repossess your asset and sell it to cover their costs. Generally, however, lender’s will only do this as a last resort. 

What kind of rates should I consider?

While our premium service finds short term loans with competitive rates that are tailored to your needs, it is still important that you make your own evaluation. There are two kinds of rates to consider – interest rate and comparison rate.


Interest rate Comparison rate

  • Interest rate is fixed and does not change
  • Repayments will always be the same, even if the market changes
  • Short terms
  • Don’t normally allow extra payments or early payouts


  • The interest rate can change throughout the loan
  • Lower repayments
  • Longer terms
  • Fees not normally charged on extra payments or early termination
  • Helps you work out how much your loan is actually going to cost you.
  • It is a combination of the interest rate, fees and charges.
  • It is normally shown as one simple percentage that assists you in comparing loans from different lenders.

Bad Credit or Receiving Centrelink Benefits?

Not-so-perfect credit is ok with Safrock. Although Safrock doesn’t conduct a credit check, some of the lenders we partner with, will. As long as you are eligible for a loan, we should pass your application onto the lender you choose. From there, it is their decision to negotiate with you. There is a chance that you could be approved for a short term loan for bad credit same day, subject to the policies of each individual lender. Moreover, most of our lenders are determined to look at the bigger picture of your financial situation. They look at your current financial behaviour and your bank statements which are more relevant than your past financial behaviour which may have impacted your credit score. 

Safrock can get you in touch with one of our premium lenders that can provide you with a secured short term loan regardless of your credit score. 

A secured short term loan will not affect your credit rating any differently to an unsecured loan. Your credit report will reflect loan amounts, payment history, balances and number of debts. In the eyes of the credit gods, a late or missed payment is a late or missed payment, no matter the loan type. So, while many of our lenders will consider you for a small short term loan with bad credit, we recommend you adhere to your contract as best you can to avoid any credit report mishaps.  

Can I get a loan if I’m receiving Centrelink

Receiving Centrelink benefits is also not the end of the road for you. Since lenders will usually assess your application based on affordability, if your repayments will fit comfortably within your budget, you may still be approved. This is obviously subject to individual lenders.

How We Can Help

Get a list of reputable lenders

We put together a comparison of secured short term loans from lenders that are best suited to your needs. You can trust that the lenders we offer you are reputable and some of Australia’s best. As with any kind of finance though, it is still important that you do your own research before applying. You should always check for an Australian Credit Licence and research the lender thoroughly.

Pick one that’s right for you

We show you the main comparison points of each lender. These include the rates, repayment terms and relevant fees. You can then pick the lender whose terms are most suited to your circumstances. If you have any questions or inquiries, don’t hesitate to get in contact with us. We’re with you every step of the way.

How Do We Do It?

All loans found through Safrock’s comparison service are secured loans. This allows us to provide you with more lending options, even if you have bad credit or are receiving Centrelink benefits. Secured short term loans are often easier to get because you offer the lender an asset as security. So, if you default on your loan or by any circumstances are not able to pay back your loan, the lender can sell your asset to repay the money you still owe. This lowers the risk for lenders, so they may be more willing to offer you a lower rate. However,  if you think you are at risk of defaulting, using a personal asset as a guarantee for your loan can be risky in terms of giving up the asset to the lender you owe money. As always, seek your own financial advice before applying.

Are You Eligible for short term loans?

There are a few things that you will need to provide us with before you can apply for a loan. Be sure that you have these items ready so that your application is quick and easy:

  • Internet banking details
  • myGov account details
  • Contact information
  • Employment information
  • Information about your asset (this could be your car, motorbike, caravan or boat)

As Safrock is not a lender itself, we do not perform the application assessments. However, most lenders will need proof of the following before you are approved for a loan:

  • 18 years or older
  • 100 points of identification
  • Australian citizen or permanent resident
  • Receiving a regular income for the last 90 days
  • Have a valid mobile number and email address

When you have made sure you have all the necessary documentation handy, then you are ready to apply with Safrock!

How to Apply for short term loans

Step 1: Apply Online

Our 100% online application form could take you just minutes to fill out and is 100% online. Just choose the amount you want to lend as well as loan duration, then let Safrock do the rest of the work. 

Step 2: Meet Your Match

After you’ve submitted your application to us, our team gets to work on finding you a premium lender. We will then present you with a comparison of personal loans straight away. We work hard to match you with the right lenders so you can confidently choose the one you think is perfect for you. Once you have selected your lender, we will send them your application. 

Step 3: Receive Your Premium Loan

Your chosen lender will assess your application and from there, processing times depend on each individual lender. If you’re approved, you should receive the cash straight into your nominated bank account. As we are 100% online, you can apply any time of day or night. if you apply during normal business hours, you’ll have a better chance of meeting your new lender on the same day.

It’s that easy!

Still Not Sold?

At Safrock, we remove any confusion associated with loans by providing a free and easy online application. Our premium security means you can rest easy knowing your details and data is safe. We are 100% transparent about how we collect, use, exchange and protect your information.

If we find you a lender, they can use the latest in safe banking technology to obtain a read-only copy of your bank statements to verify your income, expenses, spending habits and overall relationship with money. Please view our Privacy Policy for more information.

Why Trust Safrock?

You can trust that any personal loan offered through our service is premium and reputable. We only partner with the responsible lenders that strive to do the very best for their clients. Put your trust in us and we’ll have your back when you’re looking for a lender.

At Safrock, we truly value our customers. We know that applying for a loan can be an intimidating experience. That’s why we’ve made our process as simple and easy as it can get! As a customer, you are at the heart of what we do and we cater our services to what you need. We will provide you with as much help and support as possible. 

Safrock is a no-obligation lender-finding service. We give the gift of choice but don’t hold you to anything. If at any point you have second thoughts, just let us know. You can withdraw your application free of charge, no worries. 

Finding a secured short term loan with Safrock is completely free and Australia-wide. We strive to be the only secured personal loan comparison site you’ll need. Our application form should take just minutes to complete and is done 100% online. 

What Are You Waiting For? Apply for short term loans

Scroll up to the top of this page to access our personal loan repayment calculator to get started on your application. Submit an application with us for your short term loan, and let us help you today.

Looking for renovation loans or secured car loans? Put your trust in Safrock’s lender-finder experts to find the loan for you. Find out more!