Personal loans can be utilized for various purposes, including car purchases, home renovations, travel, or even repaying home and business loans. The repayment period for personal loans ranges from 1 to 5 years.
Personal Loan Amount:
The loan amount can range from $1,000 to $50,000, depending on the borrower’s credit history, salary, and bank policies. Borrowers with a better credit history and higher salary can secure a higher loan amount.
Conditions:
1. Must be an Australian citizen or permanent resident.
2. Must have a local Australian income (overseas income is not permitted for personal loans).
3. Identification documents (Passport and Driver’s License/Medicare).
4. Contact information for two friends.
5. Residential address history for the past three years.
ELITE Estate has grown over the past decade with a strong team, rich experience and professional services. We have several loan brokers certified by the Authoritative Australian Association MFAA.