If you have signed a contract offer before 4:30 PM QLD time your money has been transferred to the account you signed for. It should be available before 7:00 PM today QLD time.
Unfortunately, we cannot give you an exact time as much depends on the banks and their processing times. Contracts signed on the weekend or public holidays will clear by the end of the next business day.
To get a loan with Sunshine Loans, you must be at least 18 years old. Secondly, you must have a regular income of at least $400/week (take home pay) which can be a combination of employment and government benefits. Also, you must be able to satisfy us that you can comfortably afford the repayments on your current budget. As part of our commitment to responsible lending, we will not lend to those who might be placed in a position of financial hardship as a result of our lending. Check your loan eligibility here.
You are still eligible to apply but you must be receiving a minimum of $400 per week or $800 per fortnight. This minimum income can be a combination of government benefits and wages. You must be able to satisfy us that you can comfortably afford the repayments on your current budget. As part of our commitment to responsible lending, we will not lend to those who might be placed in a position of financial hardship as a result of our lending. Find out more about Loans For Unemployed and Loans For Pensioners
Head on over to our loan costs page for a full explanation of our fees. It's really simple though. There is an establishment fee of 20% of the amount borrowed and a monthly loan fee of 4% of the amount borrowed. These are flat fees, established when you get the loan.
Our loans generally run for a period of 9 to 16 weeks, but you can pay out early at any time without incurring penalties.
We provide express funds for almost anything. Need a little extra for a bond payment or rent? Unexpected vehicle repairs take you by surprise? Not to mention when the fridge or washing machine breaks, or a sudden medical bill or even a vet bill for your favourite pet? Or perhaps you just need that little extra for a car, bike, boat, or holiday? The list goes on – just ask us!
Absolutely, we often provide loans to self-employed people for business and personal use. Self-employed people have rainy days too! Tools break, the computer needs an upgrade, tax time takes you by surprise. No worries.
Since the application process is entirely online… 24/7.
Most of the time, you'll have express funds on the same day! It does depend though: if your loan is approved and signed during normal business hours, the funds will be in your bank account on the same day during normal business hours. Sometimes, bank processing delays will knock it over to the next day.
You absolutely can, and without any penalties. Even in little bits and pieces, we don't mind at all.
Don't worry! As rainy day fund experts, we know that it never rains, but it pours. If you think you might not be able to pay on time, get in touch as soon as possible via Customer Support so we can discuss some options. We need 2 business days notice for rescheduling or adjusting payments.
You will incur fees. So it's a good idea to get in touch ahead of time via Customer Support so we can discuss some options.
Unfortunately, you must pay out existing loans first. As part of our commitment to responsible lending, and the legislation that governs our industry, we can't lend to someone who already has a loan with us. But you can apply again immediately after you've paid out your existing loan. We even have a quicker and easier application for previous customers.
We run on Queensland time, 9:00am to 4:00pm, Monday to Friday. But you can apply online 24/7!
That's no good! Please email complaints@sunshineloans.com.au and we will use every avenue to ensure your experience with Sunshine Loans is a bright one. If you are still not satisfied with us, you can contact AFCA (the Australian Financial Complaints Authority), their contact details are here.
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