East Bay Finance


Here are some of the most common questions customers ask us. If you have any questions that are not covered here, please get in touch with us us by filling in our contact form or give us a call.

This will depend on if the loan is secured or unsecured. Typically unsecured loan amounts of up to $30,000 are available; while for secured loans this amount can increase to $200,000. 

Your repayments will depend on your income and existing outgoings, the length of your loan and amount you borrow. Our Loan Calculators can give you an indication of what your repayments may be, but the actual amount will depend on your personal circumstances. 

In some situations we can offer cheaper interest rates than a bank, but this depends on the amount borrowed, your personal circumstances and credit history. It costs nothing to get a quote, so give us a go and see what we can do for you!

If you meet our lending criteria, you may be able to get a quick loan the same day you apply. This depends on how many other applicants we’re processing. If your loan is urgent, be sure to let us know when you apply and we’ll prioritise your application. To ensure there are no delays to you receiving your funds,  it's important you provide us with all the information we require at the start.

The minimum loan period is 62 days. The maximum loan period is 60 months.

Most of our lending is for unsecured loans. In some situations we require security, like if you have bad credit. Your Personal Loan Consultant will discuss loan details with you when you apply. 

Yes, you may still be able to get approved for a personal loan if you have bad credit. Unlike other lenders, bad credit loans aren’t a ‘no-go’ for us. Many of our clients have defaulted on payments in the past, but can explain why and have made real efforts to get back on track. When you apply for a personal loan with East Bay Finance we take the time to listen to your story, and treat you like an individual.

One. You can put your feet up while we do all the work. Simple.

As a responsible lender, we need to identify you and make sure you can afford the repayments. We need a photo ID such as a Passport or Drivers License. We also need confirmation of your income, which is usually obtained by sending you a secure link that gives us access to your statements. Your Consultant will go through this with you.

We treat your application confidentially and the only people who will see your application are East Bay Finace and any Finance Company that we send it to. All applications that do not proceed are securely destroyed.

A debt consolidation loan is a type of personal loan that can help you combine several debts into one loan, hopefully at a lower interest rate.

If you have lots of small debts and credit card debt, you could be paying more in fees and interest than if you had one larger loan spread over a longer period.

It's also a lot harder to keep track of lots of loans, so it's easier to miss repayments which impacts your credit score. You can also choose terms that work for you, so it's easier for you too.