FAQ's

This will depend on if the loan is secured or unsecured. Typically unsecured loan amounts of up to $75,000* are available, and we can do more with a secured loan. This is by using a vehicle or property as collateral on the loan.

*Subject to responsible lending checks and lending criteria.

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. 

The minimum loan period is 6 months. The maximum loan period is 84 months.

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.

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.