FAQs

What does Loans For Teachers specialises in?
Loans For Teachers specialises in offering monetary aid to teachers. So, if you are a teacher in need of financial assistance to deal with unplanned expenditures then with us you can lay your hands on the right loan deal by trustworthy lenders.

How do I know if I am eligible to apply?
To be considered as eligible there are a few preconditions that one has to meet. In addition to being a teacher, you must have attained the age of 18 years, hold a valid bank account and earn not less than AU$1,000 every month.

Will being tagged with bad credit rating hold me back qualifying?
No, having bad credit, poor credit or no credit history will never hold you from qualifying for any of our loan services.

How much money can I borrow and when will I have to pay off?
Upon approval through us you can borrow an amount anywhere between AU$100 and AU$1,000. To pay off the loaned amount you will get one month time.

Can the borrowed cash be spent for any purpose?
Yes, the borrowed cash can be spent for any purpose. Lenders will never ask you the reason behind your application or bother about you have utilised the approved cash.

Do I need to pledge any security for the loaned money?
No, there is no need of pledging any security against the money you borrow. This makes our services a favourable option for tenants and non-homeowners.

Can I cancel my application at any time?
Yes, you are absolutely free to cancel your application at any time as we do no obligate applicants to take up a loan.

What if I need added information or have any other queries?
Feel free to contact us at any time whenever you need additional information about any of our services or have any queries related to our services.

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Do not pay any lender or broker an upfront fee to process your loan application.

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Australia. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.