Emergency Funeral Loan
Unless your loved one had been paying off their funeral in advance or had funeral insurance, it's likely that you'll require an emergency funeral loan when it comes time to make preparations. At Sunshine Loans, we provide emergency cash loans for just this situation. This allows you to borrow up to $2,000 and can help ease the burden of funeral costs.
Funeral Loans On Bad Credit
If you're grieving for the loss of a loved one, you won't want to be worrying about credit scores. This is why Sunshine Loan offers funeral loans on bad credit, provided that we are confident that you can repay the loan comfortably and without adding to your stresses. We understand that previous financial mistakes are not always an indication of how you will handle your money in the future.
How Much Can I Borrow?
If you require a loan for funeral expenses, you can expect to be able to borrow up to $2,000 from us here at Sunshine Loans. We do however encourage you to borrow within your limits, so as to not over-burden yourself with debt you cannot afford. If you take out a funeral loan with us, you can of course borrow more money in the future, providing you have paid off your outstanding loan.
Loan Eligibility & Costs
Our funeral and burial loans require the following credentials:
And here's what you can expect to pay for your loan:
A full list of fees and loan costs is outlined on our website.
Why Choose Sunshine Loans?
Because we know that sometimes in life, when it rains, it truly pours. Our aim is to help Australians everywhere get back on their feet. You can apply for a loan for funeral expenses directly on our website, and our expert team will get back to you with an offer and a digital contract as quickly as possible.
How long does it take to receive approval?
Our turnaround time is generally 24 hours, but usually less. We accept and approve loan applications during normal business hours (9:00am to 4:00pm QLD time). If your loan is approved during this time, the funds will be transferred to your account on the same day. However, sometimes banking processes can add a bit of a delay. If so, you can expect your funds the following day.
Do you carry out credit checks?
As part of our responsible lending practices, we assess your credit score when you apply for a loan in order to determine that it's suited to you. But don't worry – that doesn't mean you'll be knocked back.
What if I am unemployed or on the pension?
If you are currently earning money through Centrelink (or other government aid) or a pension without the support of additional funds (e.g. part-time work), we are unfortunately not able to offer you a loan to cover the costs of your funeral. Take a look at our Centrelink loans instead.
What happens if I can't pay on time?
If you are unable to make repayments on your loan in time, please get in touch as soon as possible via Customer Support. We may be able to reschedule your repayment dates or make other arrangements.