OK Money

OK Money has been granting loans for over 16 years and has assisted more than 95,000 people.

They offer tailor-made loans to suit your pocket. They offer short-term financing that is hassle-free. It’s easy to apply and the funds will be paid directly into your bank account if your loan is approved.

They believe in your security

Their loans are offered through their website online, they know that some people are reluctant to share their personal details online as they are nervous that they might be hacked or stolen.

To put your fears at ease they use the latest technology to ensure that your personal information remains as safe as possible they use a secure banking link and ID authentication process.

To safeguard against fraud, they need you to supply 100 points of certified ID then they confirm your current financial status and make sure that you will be able to pay back the loan.

Flexible repayment terms

When applying for a loan you will be able to choose between their easy to manage repayment terms they will help you set up a payment schedule that is flexible and easy to manage.

Their knowledgeable staff is there to answer any questions that you may have and the follow up is done by a real person who means that you won’t get frustrated by voicemail operators and recorded messages.

Their mission

At Ok Money they want their customers to be happy and satisfied so that they return.  Their mission is to become the lender that Australians turn to in their time of need and offer flexible personal loan solutions to their clients.

They aim to provide excellent customer service and have a positive impact on the community.

They offer unsecured small payday loans ranging from $300 to $2000, you can choose to pay weekly, fortnightly or monthly and you can choose the amount that you will be able to pay back.

These loans are unsecured loans that mean that you don’t need to put up collateral in order to secure your loan. Their short-term loans can be repaid between 4 – 12 weeks or as long as 1 year. 

How do you apply?

• Use the secure banking link on their website to upload a copy of your bank statement. They will then identify you using the ID Matrix service.
• Fill in the application form and they will review your quick loan application.
• Once you have been approved, they will pay the money directly into your bank account.

What do you need to apply?

• 100 points of ID that must be current. They can verify your ID using the ID Matrix service
• 2 months/ 90-day bank statement or link your account with their secure banking link or print out a statement in a store.
• Proof of income/ current Centrelink income statement or pay slips/ invoice book
• Proof of residences such as a phone bill, electricity bill, registration bill or lease agreement.
• Current long or short-term loan details from other lenders to assess affordability.
• Urgent repair loans
• Vet loans

Loans for you

If you are currently unemployed, they might still be able to assist you with a loan your repayment terms will be calculated as per your affordability and all loans are tailor-made to suit your individual requirements. Their minimum loan term is 16 days while their longest term is 1 year for unsecured loans and 2 years for secured loans.