personal loans

-If you need money now!!! Let Optio Finance help.

-We tailor the payments of our personal loans to suit your needs.

-Your personal loan can be secured or unsecured*.

Optio Finance personal loans help a wide range of customers with varying needs and offer flexible terms

Personal Loans for:
Holidays and travel.
Debt consolidation.
A wedding, birthday or funerals.
Home improvements.
Car repairs.
Overdue bills.
Any number of things!
Our personal loans are fast and easy to understand.

Lending Criteria*
Personal loan amounts: $300 - $50,000
- Minimum age is 18 years old.
- Minimum income of $350 after tax per week.

* All criteria is negotiable by adding a guarantor or additional secuirty to the application. Any guarantor will need to meet our normal lending criteria.

Response Time
You can expect us to contact you within 24 hours of submitting an online application.

What security is needed?
We secure your loan with a car that is 1998 or newer or a residential property. We also offer unsecured loans (General Security Loans)* (GSLs) that do not require a specific security, however an “all present and acquired personal property” clause is used to secure the loan.
* certain criteria is required to qualify for a GSL and the maximum lend is $5,000.00.

Interest Rate
The interest rate is set taking into account the loan structure, the security and customers credit profile. Our interest rates can range from 12.95%** to 28.95%.
** if you wish to qualify for our lowest rates, a residential property that meets our equity criteria needs to be used as security and the customer will need a strong credit profile.

How long can you have a loan for?
The term of the loan is set taking into account the loan structure, the security and customers credit profile. The length of our terms can range from 3 months to 5 years.***
*** to qualify for the max term a residential property needs to be used as security.

How to apply for a loan
Fill out our one page online application. It takes less than 5 minutes. On receiving the application it goes into a priority queue. One of our experienced lending team will assess your application and then contact you.

What happens once the loan is approved?
Once your loan is approved, we will arrange for the documents to be signed, after which the money will be paid into the account you select.

Fill out a personal loan online application now!!!