Are you planning your dream home renovation and need a cash injection? Well, you’ve come to the right place – Yes Loans.
Now is a great time to invest in your home with a home improvement to help you transform your house into a home.
As a leading broker in the arranging of both secured and unsecured personal loans, Yes Loans knows what you want – simple, fast response times for loans that meet your needs. No long, drawn-out processes, no hidden costs or agendas, no waiting in queues. At Yes Loans we believe in keeping you in the loop at every step in the personal loan process.
Understanding your personal needs and circumstances are a priority for us, and our finance brokers will guide you with sound solutions that meet your unique financial needs.
We understand the importance of a healthy credit file so we don't offer loans, such as payday loans, that can actually damage your credit worthiness.
Gone are the days of paying off a personal loan’s interest first, Yes Loans offers our clients the ability to pay both the interest and principal loan amount off at each weekly, fortnightly or monthly repayment.
How much can I get a loan for?
Our brokers will assess your most comfortable loan amount with you based on your income and expenses, your reason for the loan, and your repayment ability. The maximum unsecured person loan is $30,000 there is no maximum secured loan and the minimum is $4,000.
Can I repay my personal loan quicker?
Absolutely. In most cases, there are no extra charges for making additional payments or lump sum deposits into your loan. However, we always recommend reading your credit contract first, as early repayment terms are subject to the lenders conditions.
Do I need to provide security or a guarantor?
These may be required for some loans in the event that you might default on a loan. If you default on a loan with security, the goods can be sold off to recoup the money. You should remember that any remaining balance is still the responsibility of the borrower. If you default on a loan with a guarantor, they will be asked to pay it back on your behalf. For guarantor loans, we recommend the guarantor obtains prior independent legal advice to make sure they are aware of their rights and obligations.
Short Term or Pay Day Loans
Yes Loans does not offer “Pay day” or short term personal loans.
The use of this type of loan product can damage your credit file and reduce your chances of getting an approval for any future lending.
Does Yes Loans charge a fee?
Yes, but only if your loan is approved. In which case, we may charge you a maximum fee of $900.00 plus GST. This is included in your loan amount and disclosed in our Credit Guide and Quote which we will provide you.