Money3

Q 1. What types of loans does Money3 offer?
Ans 1. Money3 specializes in providing both car loans and personal loans. You can borrow up to $75,000 for car loans with terms up to 7 years, and up to $30,000 for personal loans for a variety of needs such as medical expenses, holidays, or emergencies, with terms ranging from 2 to 5 years.
Q 2. Who is eligible to apply for a loan with Money3?
Ans 2. Applicants must be over 18 years old, take home an income (including benefits) of over $480 a week, be an Australian resident, and have their income paid directly into their bank account. We consider applicants with bad credit, receiving Centrelink payments (except Newstart Allowance, Youth Allowance, Abstudy, or Austud as the sole income), or those who are self-employed.
Q 3. How do I apply for a loan with Money3?
Ans 3. Start by clicking Apply Now and complete our online application form, which takes about 5 to 6 minutes. You’ll need to provide personal and financial details, including digital copies of your bank statements via our partner, illion. Our assessment typically takes 24 to 48 hours, provided we have all necessary information.
Q 4. Can I get a loan if I am receiving Centrelink benefits?
Ans 4. Yes, it is possible. Most Centrelink benefits are considered as part of your income. However, we cannot provide loans if your only source of income is from Newstart Allowance, Youth Allowance, Abstudy, or Austud.
Q 5. What is the minimum and maximum loan amount available?
Ans 5. The minimum loan amount you can borrow from Money3 is $2,000. The maximum loan amount for vehicle finance is $75,000 and for personal loans is $30,000.
Q 6. How do I contact Money3 for more information?
Ans 6. The best way to contact us is via online chat or phone on 1300 014 870, during office hours (9am - 5.30pm EST, Monday to Friday). For non-urgent inquiries outside business hours, please use the Contact Us form on our website, request a callback or email us at [email protected].
Q 7. Why choose Money3?
Ans 7. Money3 has been a trusted non-bank finance provider since 2000, known for our fair and supportive approach especially to those ignored by traditional credit providers. With over 2,000 5-star reviews and a 4.5 Trust Pilot rating, we are committed to providing excellent service. We'll give you a fair go! Learn more about Why Money3.
Q 8. What happens after I submit my loan application?
Ans 8. After submitting your application, it will usually be assessed within 24 to 48 hours. For vehicle finance, if your application looks good, you'll receive a pre-approval to start shopping for a new vehicle within your budget. For personal loans, upon approval and signing of the loan agreement, the funds will be transferred directly to your account.