Rating based on 12 reviews

Loans Direct

  • Quick loans up to $25,000
  • Low-interest starting from 4.69%
  • Repayment up to 7 years

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Loans Direct homepage
Author Loans Direct. Screenshot of Loans Direct website.
[Accessed May 3, 2023]

Loans Direct - They have financial solutions

Loans Direct was established in Australia in 2005 when they laid the foundation for their company. In 2007 they hit the milestone of serving their 100th satisfied client.

By 2008 they had granted over $5 Million worth of personal loans. In 2010 they expanded their business and opened offices in Melbourne, Sydney, Adelaide, Brisbane, Perth and Canberra so they could help even more people obtain financial freedom.

They believe in second chances

By 2011 they had been contacted by over 25,000 Australians and by 2012 they had approved over 1000 bad credit loans for those that needed a second chance at their financial future. In 2014 they were awarded the leading Conveyancing service provider in Melbourne and by 2015 they had granted over $75 million in loan approvals. 

What they offer

When you need a financial solution, they will find it for you they offer a vast range of loan products that include quick loans, car loans, bad credit loans, business loans, home loans and many more loan products.

They offer unique credit solutions including credit repair and refinancing options. Their interest rates are very competitive, and they will process your application quickly to ensure that you get the money you need fast.

Loans Direct - Get a free credit report

To help you have a better understanding of your financial situation they offer you a service that provides a free credit report. All you need to do is request your credit report and they will send it to you free of charge.

This will give you a good idea of your credit history and will show any financial mishaps. If you have previously had a loan application declined this can also help you determine why.

It is a good idea to check your credit report as if there are any mistakes you or issues you will need to get them sorted out. If you don’t know what is going on in your credit report, then you won't know of any mistakes or discrepancies     

Types of loans

  • Unsecured loans - an unsecured loan refers to a loan that is not backed by any form of collateral. This type of fast loan is more difficult to get if your credit score is not very good as the loan is not secured by anything which poses a higher risk to the lender.
  • Secured loans – a secured loan refers to a loan that is backed by some sort of collateral this can be any item of value that has a larger value than the amount that you want to borrow. This can include your house, car or another valuable item.

Loans Direct – Quick loan

  • Loan Type Quick loans
  • Interest Rate 4.6914.69% p/a
  • Loan Amount up to $25,000
  • Repayment 1 year to 7 years

Benefits of Loans Direct

  • You can apply with a bad credit history
  • Quick and easy loan applications
  • A wide range of loan products

Quick loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This quick loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Loans Direct - You choose your loan option

What is a variable interest rate?

A variable interest rate means that the amount that the lender charges as an interest rate can fluctuate depending on how the markets perform. This means that you could save money, but you could also end up paying more. This is a bit of a gamble and it makes it very difficult to budget efficiently.  

A fixed interest rate – This rate will be agreed upon with the lender and you will be paying that same interest rate for the duration of the short-term loan agreement.

Apply online

To apply for one of their loans all you need is an internet connection. Log onto the website and fill in the online application form. Choose the amount that you want to borrow and select your repayment schedule and salary frequency. They will let you know how much you will need to pay.

To apply for a quote is 100% free and there are no strings attached. Accept the agreement by signing the contract online and the money will be transferred directly into your bank account.

Improve your credit score

They offer their clients the opportunity to help them repair their credit history and raise their credit scores. The first step of the process starts with a free consultation where you and a financial expert will analyse your credit report and then design a tailor-made financial plan to help you regain control.

The financial expert will offer helpful advice on how you can manage your budget better and help you remove black marks and negative listings.

100% free application

This is 100% free they will then offer you a quick loan solution to repair your credit and provide you with a quote that will outline the costs involved to achieve the solution.

If you have been negatively marketed by a previous creditor they will get in contact with them on your behalf to come up with a solution to remove the bad listing.   Depending on how low your credit score is and how much fixing needs to be done it might take some time to sort out the issues, but they aim at the entire process taking between 45 to 60 days to complete.   

Customer Reviews & Testimonials

Loans Direct helped me to get the finance that I needed within only two hours! After completing the easy application I could sit back while they took care of everything for me!

Joan B
— Sydney —

Loans Direct offers loans with a fixed interest rate so there are no surprises there. Their charges and fees are all upfront making them fair, affordable and competitive. Thanks for making budget...

Stephen P
— Adelaide —

The payday loans offered by Loans Direct are wonderful; they are affordable and assisted me to get out of my financial pinch that I found myself in. Thanks Loans Direct!

Evelynn M
— Canberra —

It is not very often that you come across a lender that is prepared to lend to an individual with a poor credit record. Thankfully Loans Direct appears to be the exception to the rule!

Cathy B
— Bathurst —

Loans Direct Contact

Physical Address

Opening Hours

  • Monday 09:00 – 18:00
  • Tuesday 09:00 – 18:00
  • Wednesday 09:00 – 18:00
  • Thursday 09:00 – 18:00
  • Friday 09:00 – 18:00
  • Saturday – Closed
  • Sunday – Closed