Rating based on 29 reviews

OK Money

  • Quick loans up to $25,000
  • Low-interest starting from 5%
  • Repayment up to 104 weeks

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Author OK Money. Screenshot of OK Money website.
[Accessed May 3, 2023]

OK Money – Hassle-free loans

They opened their doors 16 years ago and since then OK Money has assisted more than 95 000 people with fast cash loans tailor-made to each individual needs, don’t let life get you down, they are here to help.

Their loans are smart and they have a big impact.

You want simple, hassle-free solutions.

OK Money has invested in a practical, easy online loan application form with a secure banking link and Identification Verification process because they understand that applying for a short-term loan should be easy as well as speedy.

They require the minimum documentation, so they only request what’s relevant to your application.

In most cases, all they need is:

Your 100 Points of current ID, which is to protect you against fraud, your application form, in order for them to see what the funds are for as well as your affordability and how the repayments will be made, your current financial situation will be confirmed, this is purely for them to make sure that they are giving you funds that would be best suited for you.

Should you be applying for a personal loan they will need to check your security details?

Business loans up to $25,000

Every loan application is very different meaning that what works for one, may not work for another. OK Money understands that affordability is flexibility.

This means they assess all applications, bearing this in mind so that their customers can rest assured that their payments will be in line with what they can afford.

Personalised service from pros

Should you be applying for a quick loan online or in-store, they have real people that will listen and mould your loan accordingly, their employees are experienced and give you the time of day so that they are able to match a product that is fitted for you.

They’re always listening

They aim to improve your experience with OK Money so they prioritise keeping their customers happy.  They like to hear back from their customers to make sure the services you were expecting were to your satisfaction.  So they encourage you to book a callback time today!

They have all been through tough times in their life, and that's the reason they developed their emergency loans to be easily assessable and at the fastest time possible, their team of professionals has prided themselves in assisting you when no one else will.

OK Money – Quick loan

  • Loan Type Quick loans
  • Interest Rate from 5%
  • Loan Amount up to $25,000
  • Repayment 12 weeks to 104 weeks

Benefits of OK Money

  • You can apply with any credit score
  • Their loan features are flexible and transparent
  • Apply for a short-term loan online

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.

OK Money – They have the highest standard of customer care

To provide the highest standard of customer care and create a positive impact on their community, to be the people's choice for smarter and more flexible solutions!

Settlement loans

They understand that on-going expenses and medical bills can stack easily, whilst, you don’t have the funds! Are you waiting for a compensation settlement or insurance payout?  OK Money is able to assist in this regard by advancing you between $2100 and $25 000 of your settlement payout. Should you be feeling those pinches don’t delay, give them a call.

They are able to assist you with the following: Insurance claims, the Sale of a property/asset Court settlements, compensation payouts and superannuation payouts.

To Apply for a loan you need the following;

To apply for a loan online you need 100 points of current ID (they are able to verify you using the ID Matrix service), proof of residence (should your identity document have an alternate address), your current phone or electricity bill, Rego bill, lease or rates bill, a confirmation of settlement from you Solicitor stating the amount of your pending settlement, the due date of settlement, confirmation that your Solicitor will sign the ‘Irrevocable Authority’ document agreeing to pay your debt to them directly from your guaranteed Settlement funds and confirmation that your Settlement is ‘unconditional’ (will not be overturned)

We may request a 90 day Bank Statement but you could use our secure banking link should you wish to do so. To better your chances of approval, we suggest that you confirm with you Solicitor when your settlement will become ‘unconditional’ we will need this before an advance is provided.

Business loans

No matter what the size of your business OK Money is able to assist you with a business loan between $5000 and $25 000 for those urgent expenses that sometimes crop up. Perhaps you are facing challenges of not being able to pay your staff or equipment for training purposes due to your creditors not paying on time.  We understand that small business loans are hard to come by and at times tougher to pay back so, for this reason, we have made our terms flexible, repayment manageable and giving you that freedom to focus on growing your earnings, instead of feeling those pinches and trying to save at the same time.

To apply for a commercial loan you should be in an active ABN, be the sole Director, the Treasurer of having written authorisation from the Director or Directors in order to apply on the behalf of the business.

You’ll need to supply:

Your most recent BAS Statement, 3 months bank statements in the company’s name, details of your proposed security such as a vehicle registration, proof of vehicle ownership, business loan fees, 10% Establishment fees, 5% monthly fee and your 100 point current identification document or are able to verify you by using ID Matrix services. Normally our loan terms are 1 to 3 months. We do charge a default fee of 5% per week should your loan exceed the final contract/agreement due date.

Secured medium loans

As per our unsecured small loans, our medium loans are also affordable and easy to apply for. You are able to borrow between $2100 and $5000 with your vehicle as surety against loan collateral. This sort of personal loan is perfect for unexpected vet bills, car maintenance or to spoil someone special.

If you prefer, you could consolidate your debit and credit cards into one easy loan payment, perhaps you would like to buy a piece of furniture/appliances or go on a well-deserved holiday. A Medium Loan is perfect for this sort of thing; it’s affordable and assists in getting out of a tight spot. Think about it you might sleep a bit better, breath a bit better and be a bit happier.

We would require the same documents as that of the Small Loans except that you would also have to supply your vehicle details such as Car Registration certificate/ renewal slip, proof of ownership of the vehicle offered as security on the loan, purchase contract from your dealer or Statutory Declaration the declares ownership, if you don’t have one, give us a call we send you one.

Customer Reviews & Testimonials

I found myself in a tight situation that I did not have the time to waste in order to get out of it. Thanks to OK Money and their expertise I was able to wangle out of the situation faster than I...

Paul R
— Kingston —

Even though my credit score is less than desirable I was able to get the finance I needed. At the same time I was able to improve my credit score!

Monica G
— Stannley —

OK Money believes in being totally upfront with their customers. For this reason, you can always be fully prepared for every situation. Thanks for being so open with your clients!

Darren M
— Wynyard —

OK Money Contact

Physical Address

Postal Address

  • OK Money 2/11 Gateway Court, Coomera, 2170, Australia

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed