Swoosh Finance

Based in Queensland, Swoosh Finance offer Australians secured personal loans. They're a reliable lender that provides flexibility and helps those who can’t get credit elsewhere.

If you need money fast then you’re probably looking for an alternative credit provider that can get things done online and Swoosh loans are the perfect solution. They offer quick loans online that can be secured against any fully owned vehicle.

Swoosh Finance is an online lending platform that offers fast cash loans to Australians. Founded by a team with extensive experience in the finance industry, they aim to provide a convenient and friendly alternative to traditional lenders.

They specialise in secured finance options and consider each individual's situation, regardless of their credit history.

Committed to responsible lending, they ensure that loans are only approved if you have the ability to repay. With a focus on exemplary customer service and a simple, secure process, Swoosh Finance is dedicated to helping its customers in times of financial need.

Reasons to choose Swoosh Finance

• Loan from $2,000 to $5,000
• Longer loan terms for increase affordability
• Secure against your car – not a property
• Bankrupt and bad credit customers welcome
• Fast paperless application
• Everything is verified online
• Total security guaranteed

Swoosh loans: Your FAQ's answered

Their website is relatively simple and easy to navigate and their frequently asked questions section has a lot of information.  

The application is easy to access and easy to complete requiring only about 10 minutes of your time. If you need a fast loan that truly does away with all the hassle than Swoosh loans may just be the ideal option for you! 

Swoosh Finance offers short term loans that are secured against the borrower’s vehicle. The loans range from $2,000 to $5,000 and carry loan terms from 12 to 24 months.

While most personal loans are unsecured, there are times when a borrower does not qualify or, when they simply need more than an unsecured loan will offer them and, that’s when a loan from Swoosh Finance comes in. Secured loans typically carry lower interest rates and are the preferred choice for those with bad credit histories.

Swoosh loans: Considering your financial situation

In contrast to traditional lenders, Swoosh Finance takes into account an individual's current financial situation rather than solely relying on their credit history. The company offers loan amounts ranging from $2,000 to $5,000, providing repayment terms that span from one to two years. Notably, there is no application fee associated with their loan process.

Flexible repayment options and establishment fee

While Swoosh Finance acknowledges that interest rates may be slightly higher due to the potential risks involved with poor credit, they strive to ensure that their loans remain affordable and manageable for borrowers. To enhance flexibility, borrowers have the option to select from various repayment schedules such as weekly, fortnightly, or monthly, aligning with their payday.

While a Swoosh loan will not require an application fee, an establishment fee is imposed upon loan approval. Given the relatively smaller loan sizes and shorter terms associated with their personal loans, it's worth noting that the interest rates offered by Swoosh Finance tend to be above average.

A responsible lender

As a responsible lender, Swoosh Finance will run a credit check, review your 3-month bank statements and ensure you can afford the loan repayments based on your income and expenses as reflected in your statements.

They will consider bad credit borrowers, people who are blacklisted and those who are under a part IX debt agreements for a loan provided that they can afford it.

Repaying your loan

You can choose to repay your bad credit loan in fortnightly, weekly or monthly repayments and the agreed upon amount will de debited from your account automatically via direct debit.