Purple Finance offers Personal Loans from $500 to $3,000 for virtually any purpose including short term cash emergencies, holidays, rental bonds, medical expenses, vehicles or for any other reason.
How to apply
Purple Finance makes the lending process as simple as possible for our clients. If you are eligible (check eligibility) our easy application process will guide you towards your fast cash.
Our lending process is:
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Read and complete our online application form including faxing copies of the documents set out below (1 to 5) to 1300 722 371 or *
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Print, sign and fax the application pack along with copies of the following documents to 1300 722 371:
- Last three (3) payslips or benefit/s notice;
- Most recent bank account statement covering a three (3) month period including the current month and no older than seven (7) days **;
- Photo Identification - copy of Drivers Licence or Passport;
- Medicare Card or other secondary identification; and
- Latest utility bill, lease agreement etc with your current address.
We ask you to send us these documents, so that we know who you are, to make sure you can repay your loan and so that we can send your money quickly.
When approved
Upon approval of your loan, Purple Finance will notify you by email and will incorporate several documents for you to sign and return including:
- your Contract.
- a Repayment Schedule.
- Direct Debit Authority.
- a Bill of Sale over any security provided. Security in the form of an unencumbered motor vehicle must be provided for all Personal Loans of greater than $1,500.
Once Purple Finance receives the signed documents (fax, mail or email), we will direct deposit the funds into your account. Funds are usually available in your account the following day. We can arrange for same day transfer, time permitting. Charges and conditions apply.
Paying the loan
We make your repayments hassle-free by direct debit from your nominated account on the agreed payment day/s. See Costs and Fees for example repayments. Extensions to loans are available - see Loan Extentions.
*Copies of the documents can also be posted to PO BOX 3095, TARRAGINDI, QLD, 4121
** Must show amounts matching the relevant payslips - internet / online statement are acceptable. If the above bank statement is an internet statement please also fax an original front page of your bank statement showing your name and address on this account
