FREQUENTLY ASKED QUESTIONS
What services do SupaSmartLoans provide?
SupaSmartLoans provides a safe and reliable online loan finding service. We provide instant access to a wide panel of lenders who are able to offer a short-term loan suited to your requirements.
What interest rates are charged?
Each lender on our panel offer loans at different rates of interest. It is important to check these rates and terms before you accept the loan.
Do you charge any fees?
SupaSmartLoans do not charge any fees whatsoever, and never will. (Some lenders on our panel may charge arrangement or monthly fees)
Will my loan get approved if I apply through your website?
We cannot guarantee that your loan will be approved, however, applying through our website will provide you access to a wide range of lenders that each have different qualifying criteria, which will certainly increase your chances of getting approved.
How much can I borrow?
Each lender on our panel has their own lending criteria and amounts that they can lend up to. Depending on your personal circumstances, our lenders may be able to offer you a loan from $500 up to $35,000
How and when do I repay my loan?
Your loan repayments will be automatically withdrawn from your bank account on the agreed due date. It is important that you do not miss or default on these payments as this could incur late payment fees as well as leave a negative record on your credit profile.
What is a short-term loan?
A short-term loan is a small sized loan that is required to be repaid in full to the lender within a few weeks to a few months, or less. These loans are also referred to as Payday loans and are designed to bring relief to short term cash requirements. They should not be relied upon to live from one pay-check to the next.
Is my personal information kept safe and confidential?
Yes absolutely. We take data protection and privacy very seriously and work hard to make sure that consumer data is kept secure at all times.
Can I get a loan if I am bankrupt, or have a bad credit history?
It is possible to get a loan even if you are, or have been bankrupt, or if you have a bad credit history. We have various lenders on our panel that specialise in helping people with good and bad credit scores.
If approved, how will I receive the money?
Your loan will be paid directly into your bank account.
How long will the process take?
The online application process should take you no longer than 5 minutes to complete. Your application is then instantly sent to our panel of lenders who will review your application within seconds and provide their lending decision within a minute or two thereafter. Once you have chosen a loan offer option that suits your requirements, and signed your loan agreement online, funds will be paid directly in to your bank account within an hour*