Personal Loan Online Application
Click here to apply for a personal loan online.
It might be cheaper that you think!
See the minimum loan criteria and typical loan applicant profiles below. Personal loans for 457 visa holders are available.
| Loan Criteria | Minimum | Typical |
| Veda bureau score | > 500 | >700 |
| Arrears history (five years) | No credit defaults | No credit defaults – no payday loans |
| Age of credit file | > 6 months | > 24 months |
| Housing status | n/a | Homeowner (with or without mortgage) |
| Gross annual income | > $35,000 | > $60,000 |
| Time in current job | 3 months | 2+ years |
| Work status | Full time work, either employed, contracting or as sole trader/self-employed | Employed (full time) |
| Age | 22 – 70 years | Age > 35 |
| Visa status | Australian citizen or permanent resident, 457 Visa holder, New Zealand citizen | Australian citizen or permanent resident |
| Debt to income level | <50% | <30% |
| Late Payment fees on bank statements and credit facilities | No more then 1 recent late payment (as evidenced on 3 months bank statements | None |
Oak Laurel Mortgage Brokers – Loans made easy!
