You are here

About us

Fair Loans is a small loan provider with fair and affordable interest rates.

We provide an alternative to pay-day lenders and loan sharks who charge very high interest rates to people who have been refused access to mainstream credit and loans in the past.

We understand that things may have gone wrong in the past; leaving you with a poor credit history which prevents you getting the loan you need today.

Our fast and simple approval process means you can have cash in your bank account within 48 hours of applying and having your loan approved - often sooner!

Fair Loans is a social enterprise that makes every effort to help the community and change the way people have been treated by companies with poor lending practices and high interest rates for their loan products.

We believe that all Australians deserve access to loans at fair interest rates.

OUR VISION

Our vision is for a company that can provide loans to individuals and families to overcome financial exclusion and difficulty and where all people have access to financial literacy support and loans for emergency use.

 Fair Loans is a social enterprise that provides loans Australia wide through the internet. We provide loan support and literacy through our Money Mentor program both in person, the telephone and the internet.

RESPONSIBLE LENDING

We show you the detail of all the loan costs upfront, before you apply. All in easy to understand plain English format. There are no hidden fees to worry about.

We take additional singular care to lend you a loan amount that you can comfortably repay according to all regulatory guidelines.

You can use Fair Loans to borrow medium and small amounts of money for a 12 month period. You repay your loan over 12 months and gain access to a suite of financial support tools that will assist you to qualify for a traditional bank loan. Part of our responsible lending criteria, we cap all late fees.

SPEED

We make swift, intentional decisions. We don't waste time with dozens of follow up calls and requests for information that people don’t have. We act quickly and will inform you as soon as possible if your loan is approved or declined once you have provided all the basic loan information we need to make a decision on your loan application.

We value your feedback and always respond to information about your experience when you were applying for a loan.

ALTERNATIVE LENDER

Fair Loans is completely online. The complete application process takes 5 minutes and you receive a rapid assessment - right there and then when you apply for a loan.

Our technology decides how much you can repay and what type of loan product is best for your circumstances.

If we can assist you to understand how much you can afford and what your alternatives are then we have succeeded to help you understand your finances and not just provided a loan.

Fair Loans is a social enterprise that makes every effort to help the community and change the way people have been treated by companies with poor lending practices and high interest rates for their loan products.

CONTACT US

Fair Loans Foundation Pty Ltd

ACN: 123 592 487
ACL: 378968
Email: team@fairloans.org.au
Phone: 1300 727 006
Fax: (02) 8089 1134
Address: GPO BOX 2175
SYDNEY NSW 2001