Apply for a secured loan then breathe a sigh of relief

From $2,350 to $5,000, apply for a secured loan in seconds with Red Tree Finance. The anxious voice in your head will thank you for it.

Australian owned & operated

100% online & no paperwork

No hidden fees & charges

Apply for up to $5,000 in 3 easy steps!

Red Tree Finance takes the stress out of applying for a loan. If you meet all the eligibility criteria, you could apply online and have an outcome within 2 hours.

01.

Complete your application online in less than 5 minutes.

02.

A member of our assessment team will personally review your application.

03.

One reviewed, you’ll receive your outcome within two hours of submitting your application.

Am I eligible to apply for a loan?

In order to apply for a loan, there are certain requirements you need to meet. Please take note of them before you apply for any loan.

  • red tree finance - are at least 18 years old

    Are at least 18 years old

  • red tree finance - are a permanent resident of Australia or a visa holder

    Are a permanent resident of Australia or valid visa holder

  • red tree finance - own a vehicle registered in your name

    Own an unencumbered vehicle registered in your name

  • red tree finance - have you been empolyed for at least 3 months?

    Have been employed for at least 3 months

How it Works

Loan terms

Minimum Loan Term: 12 months
Maximum Loan Term: 12 months

Although our fast cash loans are designed to be paid back over 12 months, there is absolutely no penalty should you choose to pay it back early.

Representative example: based on a loan of $3,000 over 12 months a borrower can expect to pay a total of $4,316. This represents a comparison rate of 65.9% p.a. and upfront fees of $420 included in loan repayments over the life of your loan. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges.

Fee breakdown

Establishment Fee

$400 (included in the loan)

Interest Rate

47%pa (comparison rate 65.9%)

Other Fees

$20 (included in loan)

Direct debit dishonour fee

$39.95 debit dishonour fee may be issued if a scheduled payment is missed or returned unpaid

Keep in mind that you may incur additional fees each time you miss a payment, and this may affect the length of your loan

Got questions?

See all

To improve your credit score when you have no credit history:

  • Start with a small cash loan or low income loan from a reputable lender. Making timely repayments on these loans can help establish a positive credit history.
  • Ensure you meet your repayment obligations with any existing consumer credit accounts on time.
  • If you’re considering using a buy now, pay later service, do so responsibly, as some lenders now take these into account.

Remember, building credit takes time and consistent responsible financial behaviour. Focus on making all payments on time and managing any credit accounts responsibly.

Paying utility bills or your phone bill on time won’t directly improve your credit score, as they are not consumer credit products and therefore do not appear on your repayment history record.  However, it’s important to manage your bill payments responsibly. Failing to pay your bills on time, or missing payments completely, can create unpaid debts that can be recorded as defaults on your report and negatively impact your credit score.

Yes, you can build up a credit rating without ever applying for a credit card. Other consumer credit products like personal loans, mortgages, and Buy Now Pay Later services can all appear on your credit history, as can credit applications and your repayment history. All of these factors can contribute to the calculation of your credit score.

A below-average or “bad” credit score in Australia varies depending on the credit reporting agency. Experian classifies any score between 0 and 299 as low, while Equifax’s below-average score ranges from 0 to 459.

Only bills for accounts in your name with licensed credit providers will count towards your positive repayment history in Australia. This includes credit cards, personal loans, car loans, home loans and overdraft accounts. Rent payments, utility bills (electricity, gas, water) and mobile phone bills aren’t reported as positive repayment history, so paying them on time won’t directly boost your score. However, falling $150 or more behind on any of these for 60+ days can still result in a default being listed, which will hurt your score.