🇦🇺 FlashMoney Loan Review [2023] : How It Works, Application, Payment, Contacts
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FlashMoney (Australia) is an online loan service provided by Flash Money Pty Ltd under credit license 508661 that is available to residents of Australia.
FLASHMONEY LOAN REQUIREMENTS/ELIGIBILITY
To make a loan application, the applicant is required to be 18 years old or above Australian citizen or permanent resident with a regular source of income channeled through a bank account for at least 90 days.
FLASHMONEY LOAN REGISTRATION AND APPLICATION
1. Navigate to the online loan application portal
2. Use the slider or enter your preferred loan amount and select loan duration and repayment frequency.
3. Depending on the loan amount and duration, the system will automatically determine the type of loan to be assigned. Same for the loan frequency whereby the systems will also calculate the installment amounts.
3. Select the loan purpose and state whether there is probability of loan default by choosing either ‘YES’ or ‘NO’
4. Click on ‘Acknowledgement & Consent’ to read and understand, check the box and click ‘Submit’
5. Click on ‘Next’ to provide personal details such as title, names (first, middle & last), gender, date of birth, email address, password, residential address & years of occupancy, phone number, ID verification and consent to verification by issuer or official record holder.
6. Additional details to be submitted are employment details and financial capacity for review.
7. Submit bank verification details to finalize the loan application process.
FLASHMONEY LOAN AMOUNT LIMITS
FlashMoney loan amounts range from a minimum of $500 to a maximum of $5,000
FLASHMONEY LOAN INTEREST RATES
FlashMoney attracts a 20% establishment fee and a 4% per month of the principle amount.
FLASHMONEY LOAN TERM
The loans have a loan term of 1-24 months whereby repayment is through automatic direct debit from one’s account as per scheduled repayment dates.
However, in the event of failure to make repayment on due date, a dishonor fee of $20 will be incurred. On the other hand, early repayments are possible only if prior communication is made via the contacts below.
FLASHMONEY LOAN CONTACTS
Email: team@flashmoney.com.au
Tel: 1800 883 5274