Easy Loans Online Approval: What You Need To Know When Applying

Easy Loans Online Approval: What You Need To Know When Applying

There are a variety of reasons why you may want to take out a loan, such as purchasing a car, help finance a wedding, or cover for an unexpected medical expense. With plenty of different options and terms available, they can sometimes be a great financial solution – here are the key things to consider when applying for an easy loans online approval.

Maintain a good credit score

One of the most important factors to consider when applying for an easy loans online approval is the health of your credit score. A high credit score indicates to lenders that you are financially responsible and capable of making your repayments.

The best way to get and/or maintain a high score is to ensure all your bills are paid on time. If you have any credit cards, they should be paid off in full each month. Essentially, avoid missing any payments as these will be recorded on your file, and will negatively affect your credit rating. If you do have a mark on your file, don’t despair – speak to us as we assess each individual application on its own merit, often taking into consideration other factors apart from your credit score.

Curious about your credit score? Check your credit rating for free through credit reporting bodies such as Experian, Equifax Australia or Dun & Bradstreet.

Apply for the right amount

Work out how much cash you need and how and what you plan on using the money before applying. The ideal loan amount should be enough to cover your expenses without having to take out an additional loan, but not so big that you struggle to pay it off within the designated amount of time. Your income should be sufficient to ensure you are able to make the required repayments. Remember that the purpose of personal loans should be to assist you in the short term, not leave you with long-term stress and debt.

Have the required supporting documentation ready

You must be at least 18 years old and receiving regular income to be eligible for easy loans online approval. If you meet these requirements, the following documents are also needed during application:

  • 100 points of ID i.e. drivers license, bank card, passport, birth certificate
  • 2 recent payslips
  • The last 90 days of your bank statement
  • A bill with your name and address on it (phone or electricity bill, car registration, etc)
  • Car registration papers (for secured loans)

Determine how you plan to pay it off on time

Your repayments will depend on how much you borrow and the length of the term – this will be discussed with you at the time of easy loans online approval to ensure it fits in with your lifestyle and is affordable and manageable. If you would like the opportunity to pay it off sooner than the term, ensure your loan has flexible repayment options. At Direct Finance Loans we like to provide our customers with options, so we don’t have any penalties for making extra payments or finishing the loan inside the set term.


With Direct Finance Loans, your loan repayments can be made via a direct debit system from your bank, or even a payroll deduction with your employer. Keep in mind that if your circumstances change and you are having difficulties with your repayments, it is in your best interest to contact your loan lender ASAP to work out a suitable solution.


Contact us today for more information on easy loans online approval.