Who can apply for a NOW Finance loan?
NOW Finance loans are available to Australian citizens and permanent residents aged 18 and over. Applicants must be employed and not on probation, with a clean credit history free of defaults or bankruptcies.
This product is ideal for those who need financial support for a variety of purposes, such as debt consolidation, home renovations, vehicle purchases, or other significant expenses. With flexible repayment options and no additional fees, NOW Finance loans are designed for those who value simplicity and transparency.
Required documentation
To apply for a NOW Finance loan, you will need to provide a valid form of identification, such as an Australian driver’s licence or passport. You will also need to provide proof of income through recent payslips or a PAYG summary, along with recent bank statements to verify your financial position.
For vehicle loans, additional details about the asset may also be requested. The online application process is simple and secure, and can be completed in just a few minutes with minimal documentation.
Important tips!
Before applying for a loan, calculate how much you can comfortably afford to repay each fortnight or month. Review your income, regular expenses, and other financial commitments to ensure the repayments fit within your budget. With NOW Finance loans, you can choose terms from 18 months to 7 years, giving you the flexibility to spread repayments at a pace that suits you.
Take advantage of the no-penalty early repayment option to make extra payments whenever possible, as this can significantly reduce the interest paid over the life of the loan. It is also worth considering whether a secured or unsecured loan is better suited to your situation, as secured loans may offer more competitive interest rates.
I want to apply for a NOW loan!
Ready to take control of your finances with a NOW Finance loan? The application is simple and can be completed entirely online in just 2 minutes to receive your personalised rate, with no impact on your credit score. Click the button below to visit NOW Finance’s official website and take the first step towards your financial goals!
Utua is not a financial institution and does not grant loans. Our role is to analyse credit products available in the Australian market to help you make a more informed and confident decision. Any application is made directly with the financial institution of your choice.
