small loans online with Wonder Loans

Instant Loans

Instant Loans Online Are A Fast Way To Cope With Sudden Expenses

We offer instant loans online to help you get over those unplanned costs that could be creating some stress. We do our best to help so you can deal with the issue and move on with life.

What Are Instant Loans Used For?

Instant loans can be needed for a many reasons. Here are some common reasons our customers have had for getting a fast loan from us:

  • A Cash Shortage – Sometimes you need some extra cash to get through to your next pay cheque, life can be tough at times.
  • Emergency Situations – You may need funds to book urgent travel or cover medical bills.
  • Care Repairs – Fix the car, make a car rego payment – so you can get your car back on the road ASAP.
  • Special Events – For event and travel costs related to engagements, weddings, anniversaries, birthdays, Christmas.
  • Moving Costs – You may need extra funds for a rental bond, rent advance, movers, bond cleans. Moving is not cheap!

How Does An Instant Loan Work?

It’s fast, it’s simple and transparent. You can apply for a loan between $300 and $2,000. If approved, you can repay these small loans over up to 6 months. There is a standard 20% establishment fee and a 4% monthly fee. We are a responsible lender and we strive to make getting a small loan simple, convenient and transparent for you.

To apply for an instant loan, you need to:

  • Be an Australian permanent resident
  • Be at least 18 years of age
  • Not be currently bankrupt
  • Be receiving a regular income

Why Choose Wonder Loans?

You can apply for bond loans 24/7. It takes up to 5 minutes. Our secure process is 100% online and you can apply from any device: your mobile; tablet; laptop.

  • NO paperwork
  • NO long queues and wait times
  • NO hidden fees
  • NO catches
  • NO surprises.

How Do I Get A Small Loan?

  1. Apply For Small Loans Online In 5 Minutes
    Our loan application process is fast, efficient and clear. Use any connected device to apply online.
  2. Get Approved & Confirm Loan Online
    If you met our lending criteria, we will notify you via email/SMS to digitally sign your contract online. We verify the assessment information you send us in a very secure manner – without tons of paperwork. Our entire process is online and we keep you informed at every stage of the process.
  3. Get Your Funds Same Day
    If approved before 5pm, we will deposit funds in your account same day. All approved loans are paid as soon as they are approved. Depending on your bank, you will receive your money on the same day as you apply, Monday – Friday.

Wonder Loans will try to help you – Apply for an instant loan today.

Example of a Small Loan (Small Amount Credit Contract)

You need a loan of $1,000 to fix your car. You apply online and you choose your loan amount and your repayment term. You choose to pay it back in 10 payments of $132 per week.

$132  x 10 Repayments per week = $1,320 Total Amount Repaid

In the above example, you will pay:

  • Adjusted Credit Amount: $1,000.00 (the amount that you receive)
  • Establishment Fee: $200.00 (set by NCCP at 20% of the loan amount)
  • Monthly Permitted Fee: $40.00 per month
  • Amount of Credit of the Loan: $1,240.00
  • Nominal Percentage Rate (Interest) per annum: 0% as defined by NCCP
  • Comparison Rate:  201.9447% as defined by NCCP
  • Total Amount of Interest Payable: NIL
  • Total Number of Repayments: 10
  • Consisting of 10 repayments of $132.00
  • Total amount repaid: $1,320.00

These examples assume that repayments are made on time as per the original loan contract terms. For more information on our fees see our Costs Page