Applying for a loan
Applying for a cash loan with Red Tree is simple and 100% online. All you need to do is:
- Ensure you meet the eligibility criteria
- Get your ID and documentation ready
- Submit your application online
- Wait for a member of our assessment team to review your application
- Once reviewed, you’ll receive your outcome within two hours of submitting your application
If you meet all of the eligibility below, you can apply for a loan with us. You are:
- At least 18 years old
- A permanent resident of Australia or valid visa holder
- An owner of a vehicle that’s registered in your name
- Currently employed, for at least 3 months
Yes, if you have other loans, then you can still apply for a loan with Red Tree! We look at your ability to repay the loan, taking into account your living expenses and other financial commitments. We will only approve your application if we believe you can afford to repay your Red Tree loan.
Like most lenders, we carry out a credit check as part of our assessment of your application. At Red Tree, we assess each applicant on their own merit. We consider a range of factors to determine whether you qualify for a Red Tree secured loan, so it may be possible to get a loan even with a poor credit history.
You can apply for a Red Tree loan at any time, using our quick online application which takes less than 5 minutes to complete. A member of our assessment team will review your application and you will usually receive a response within 2 business hours. While we do approve loans on weekends, the approval process can take slightly longer.
At Red Tree, we assess each applicant on their own merit. We consider a range of factors to determine whether you qualify for a Red Tree secured loan, so it may be possible to get a loan even with a poor credit history.
To be eligible for a loan with Red Tree, you must receive an average of $300 a week in income from your employment. As a responsible lender, we must be able to determine that you can repay your loan.
To apply for a loan with Red Tree, you will need to show a minimum of 3 months employment income. This can be either full-time, part-time, casual employment or self-employment.
As a responsible lender, we will ask you for a reason for your loan application, so that we can determine if the loan is suitable for your needs.
At Red Tree Finance, you can apply for a loan between $2,100 and $5,000.
At Red Tree, we assess each applicant on their own merit. We consider a range of factors to determine whether you qualify for a Red Tree secured loan, so it may be possible to get a loan even with a bad credit history.
Securing a loan and repaying it successfully can actually help to improve your credit score. By making your payments on time, you’ll find that your credit history will gradually improve. If you find that it’s hard to manage multiple debts, it might be a good idea to look into getting a debt consolidation loan, so you only need to make one recurring payment.
You can apply to refinance your loan with Red Tree, after making repayments on your first loan for 6 months. Approval will depend on your current circumstances and repayment history.
Cash loans can help you meet unexpected expenses like medical bills, home improvements or repairs. You can also use cash loans to pay for something special like travel, furniture, appliances or a vehicle.
In order for our team to assess your application, you will need to provide us with current bank statements, employment payslips and two forms of ID.
Repayments & fees
You can find all of the fees and rates for our online loans below:
Online cash loan amount
$2,100 - $5,000
$0 (even if your application is not approved)
Standard establishment fee
$20 (included in loan)
47% (Comparison Rate 66.0347%)*
Flexible repayment options
Weekly, fornightly or monthly (based on your payday)
Direct debit dishonour fee
$35.00 debit dishonour fee may be issued if a scheduled payment is missed or returned unpaid
At Red Tree, we understand that mistakes can happen. If you happen to miss a payment, a dishonour fee of $35 will be applied to your loan and the length of your loan will be extended so that the missed payment and fee can be repaid. You can always contact our team and make additional payments to catch up on any missed payments or to simply pay your loan off quicker.
When you apply for a loan, you can opt for either weekly, fortnightly or monthly payments. Your repayment dates, frequency and amount can be found on your loan contract and monthly loan statements. Alternatively, Contact our Customer Care team, who will be happy to assist.
For your convenience, we have an online loan repayment calculator where you can estimate how much you will be paying per week, fortnight or month. If you have any questions about our repayments, please do not hesitate to contact us.
To work out your monthly repayments, we offer a loan repayment calculator to make things easier for you. If you have any questions about our repayments, please do not hesitate to contact us.
If your circumstances change and you feel you are unable to make a repayment, please reach out to our Customer Care team for support and assistance.
If your circumstances change and you can no longer make your repayments on time, please reach out to our Customer Care team for support and assistance.