An Emergency Loan Could BE The Helping Hand You Need | Apply Now!
When something unexpected happens you need cash fast. There’s nothing more frustrating than realizing you have no savings to spare if something comes up and you need to cover some emergency expenses. Don’t let a lack of cash get you down though. Instead of worrying about where you’re going to find the money you need, get in touch with Breezy Loans. Our emergency loan could be just the thing you need to cover those unexpected costs and get you through. Not too sure what an emergency loan is? Read on to find out more.
What can an emergency loan be used for?
Emergency loans can be used for a whole bunch of different reasons. If something unexpected has popped up and taken you unaware, never fear, Breezy Loans can help you out. Take a look at just some of the reasons our clients have needed access to an emergency loan.
● Emergency dental loans
● Medical expenses
● Education loans
● Replacing white goods
● Home repairs
● New washing machine or fridge
● Unexpected car repairs
● Car purchase loans
● Vet bills
● Unexpected utility expenses
● Funeral costs
● Emergency travel costs
● Debt consolidation loans
● Moving costs
● Bond loans
● Emergency loans
● Motorbike repair loans
● Emergency business costs
● Natural disaster clean up loans
And so many more! These are just a few of the reasons someone may need an emergency loan. If something has popped up and you don’t have the cash to cover the costs, get in touch with Breezy. Our emergency loans are designed to be the helping hand you need when you need it.
Loan and fee differences
It can be difficult to figure out what a loan may cost you when you’re spoilt for choice and have a few different options to compare. It gets even more difficult when you consider the fact that different loans and lenders are all going to have different fees and charges applicable to them. While every lender is going to be unique, we can give you a few examples of what you might expect to pay on different kinds of loans with Breezy loans.
Breezy provides two types of an emergency loan. These are your small amount credit contract or a SACC and a medium amount credit contract, also known as a MACC. The right loan type for you will depend on how much you’re looking to borrow and what types of fees and charges you’re happy to pay as they’re both vastly different. Read more about the fee & rates here.
What other fees might as be charged?
Sometimes there might be some other fees that could be applicable to your loan under certain circumstances. It’s always a good idea to ensure you have thoroughly read your credit contract and are fully aware of any fees or charges that might be applied, so you aren’t caught off guard. Some fees and charges that might be applicable to your emergency loan are as follows:
● Late or missed repayment fee – if your scheduled repayment declines due to insufficient funds or some other reason you may be charged a missed repayment fee by your lender. It might seem like a small fee but these fees can add up over the life of the loan and end up costing you more in terms of interest or monthly fees if your loan runs longer so it’s always a good idea to ensure that your account has sufficient funds available to process your scheduled repayment.
● Early payout fee – some lenders may charge you a small fee for paying out your loan early. If you were planning on paying off your loan early be sure to check whether this fee might apply to you.
● Skipped repayment fee – some lenders will charge a small fee for skipping an upcoming repayment. Due to this, it is often better to request a reduced one-off repayment instead of a skipped repayment as a partial payment is still reducing the loan and not adding further fees onto the total amount owing, therefore, increasing the balance.
These are just some of the fees and charges that a lender may charge you. It’s always a good idea to thoroughly read your contract before accepting your loan to ensure that you’re fully informed of any possible extra fees you might incur on your loan.
Who can apply?
We strive to make our loans as accessible to the average Australian as it’s possible for them to be. We don’t believe in complicated eligibility criteria that make it difficult to qualify and time-consuming. Complicated applications and eligibility criteria are the last things you want when you have an emergency on your hands and need cash fast. With this in mind, we’ve made our application criteria simple and inclusive. All we ask is that you meet the following criteria:
● Are you at least 18 years of age?
● Are you an Australian citizen or permanent resident?
● Have you been employed for at least 3 months?
● Do you have an active phone number and email address so we can contact you about your application?
If you answered yes to the above four criteria then you’re eligible to submit an application for an emergency loan with Breezy Loans. Scroll up and get your application started now for a fast outcome and quick emergency loans when you need them most.
Can I apply if I receive Centrelink?
Yes, you can apply if you receive Centrelink! Unlike traditional lenders, we believe that everyone deserves a fair go, even those who receive Centrelink benefits. As long as you have been receiving Centrelink benefits into your bank account for at least the last three months and you meet our simple application criteria then you’re more than welcome to submit an application with Breezy Loans for an emergency loan.
How do I apply?
Submitting an application couldn’t be easier! We have created a 100% online, paper-free application that should only take you a couple of minutes to complete. Just like we don’t believe in over complicating our eligibility criteria, we don’t believe in over complicating our application process. We have streamlined the process so that more often than not, you’ll get your outcome the same day you apply. Don’t believe it’s that easy? Take a look here.
Step 1 – begin your application
You can begin your application by scrolling up to the top of this page and having a look at our handy online loan calculator. This calculator will indicate what amount you’re looking to borrow and over what loan term. Once you’re happy with the loan amount selected hit submit and get your application off to a flying start.
Next, you’ll be taken to the second page of your application where we’ll ask you to provide us with just a few extra details such as your name, address, date of birth, and reason for the loan. Fill these details in for us and hit the next button again. You’ll now be taken to the final page of your 100% online application form.
Step 2 – submit your bank statements
Now that we know you a bit better we’ll get you to upload up a secure, read-only copy of your bank statements. These statements are security protected and only accessible to our assessment specialists. Once your statements are uploaded you’re all done. His submit a final time and your application will swing its way over to our assessment team to begin the assessment process.
Step 3 – we assess your application
Your part is all done so you can sit back and relax while our team does what they do best. Your completed emergency loan application will make its way through to our team of assessment specialists who will get to work assessing your application ASAP. They examine the bank statements that you provided us with and have a good look through your finances and your relationship with money. If they find that they require any further supporting documentation for your application, they’ll be in touch with you via phone, SMS, and email. Make sure you keep your phone near you so we can let you know what we need to progress your application further.
The assessment process is fast and easy and you’ll generally have an outcome the same day you apply. Sometimes it may take a little bit longer if your assessor requires further documentation from you. It may also take a bit longer if you submitted your application outside of our office hours. If you did apply outside of these hours you might not hear back from us until we’re back in the office. Never fear though, we’ll get straight to your application first thing next business day.
Step 4 – get your outcome
As soon as we have finalized the assessment of your emergency loan application we’ll get in touch with you and let you know the outcome of your application. If you have been successful and Breezy Loans are able to offer you a personal emergency loan we’ll discuss your loan offer and contract with you to ensure that you understand the terms. If you’re happy with the terms of your loan simply e-sign your contract and send it back to us as soon as you can.
Step 5 – get your cash
When we receive your signed contract we can release your emergency loan funds to your bank account with the next round of banking. Depending on who you bank with your funds can be in your account in as little as 60-minutes, sometimes even faster. Don’t panic if you don’t see your cash instantly though, depending on who you bank with, your funds may clear into your bank account overnight at the very latest.
If you have any questions about the assessment process or you want further information about your loan terms or repayments, feel free to contact us here – we’re always happy to help!
Submit your application today
There’s nothing more stressful than having an emergency pop up that you don’t have the cash to cover. Whether your washing machine or fridge has blown up or you have a medical or vet emergency that you need to cover, Breezy Loans can help you out with an emergency loan. Designed to help you out when you need it most, an emergency loan is the fast, convenient and affordable way to cover your expenses when your pockets are empty and your savings just don’t cut it.
Breezy focuses on hassle-free online applications that will only take you a fraction of time to complete. Instead of wasting time on complicated and stressful applications why not submit an application with Breezy Loans today and see just how we can help you out.