What is a last minute loan?
A last minute loan is a personal loan designed to help cover urgent or unexpected expenses. Whether it’s an unplanned bill, emergency cost, or time-sensitive payment, it provides access to funds when you need them quickly.
Why get a last minute loan?
Unexpected expenses can come up without warning and often need to be handled straight away. Waiting to save may not always be an option. A last minute loan can help you manage urgent costs without delay. With a last minute loan, you can:
- Cover emergency expenses
- Pay unexpected bills
- Handle urgent repairs or services
- Manage short-term cash flow gaps
How do last minute loans work?
The process of applying for a last minute loan with Red Tree Finance is designed to be fast and straightforward, helping you access funds as quickly as possible.
Apply online in minutes
Complete a short online application with details about your income, expenses, and the amount you need. It’s quick and can be done anytime.
Fast decision in hours
Once submitted, your application is assessed promptly. In many cases, you’ll receive an outcome within a few hours.
Pay your way
If approved, funds are transferred so you can cover your expenses. Repayments are made in regular instalments over an agreed term.
Our commitment to responsible lending
We’re committed to responsible lending and assess every application based on individual circumstances. This helps ensure any loan offered is suitable and manageable.
We aim to provide a clear and transparent process, so you understand the terms before you proceed.
Read our full Responsible Lending Statement
Am I eligible for a last minute loan?
To apply for a last minute loan, you’ll generally need to meet the following requirements:
Each application is assessed individually.
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Are at least 18 years old
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Are a permanent resident of Australia or valid visa holder
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Own an unencumbered vehicle registered in your name
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Have been employed for at least 3 months
Rates and fees for last minute loans
With Red Tree Finance, all fees and charges are clearly outlined upfront. You’ll receive a full breakdown of costs before accepting your loan, so there are no hidden surprises.
Online cash loan amount |
$2,350 – $5,000 |
Application Fee |
$0 (even if your application is not approved) |
Standard establishment fee |
$400 |
Other Fees |
$20 (included in loan) |
Annual Interest |
47% (Comparison Rate 65.9%)* |
Loan term |
12 Months |
Flexible repayment options |
Weekly, fortnightly 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 |
Get a quick online loan today
Whether it’s for an unexpected bill, a last-minute holiday, or to consolidate existing debt, give yourself a break and apply now with a top-rated private Australian lender.
How to apply for a last minute loan
Applying is quick and simple. Complete the online application and, in many cases, receive an outcome within hours so you can access funds without delay.
- Complete your application online in less than 5 minutes.
- A member of our assessment team will personally review your application.
- Once reviewed, you’ll receive your outcome within two hours of submitting your application.
The information provided here is of a general nature and is provided without considering your specific objectives, financial situation, or needs. It is intended for informational purposes only and should not be relied upon as financial, investment, or other professional advice.
Before making any financial decisions or taking action based on the information presented, you are strongly encouraged to assess its appropriateness in light of your individual circumstances. Red Tree Finance does not intend to provide personalised financial advice, and you should seek independent financial, legal, tax, and other relevant advice tailored to your unique situation.
Frequently Asked Questions
See All See AllOnline lenders like Red Tree Finance may offer fast application processes with quick decisions and funding timeframes, depending on your application and approval. You’ll still need to meet the eligibility criteria and be able to comfortably make your repayments, but in many cases, if you are approved you’ll be able to access the funds on the same day.
Factors such as your overall financial situation, ability to repay, and application details are considered during the assessment process. To be eligible for a loan, you’ll need to meet the lender’s eligibility criteria and be able to comfortably make your loan repayments.
Your credit history is one of several factors considered when assessing your application. Each application is reviewed on its individual circumstances.
