Stay connected seamlessly by applying for a phone loan through Savvy today and receiving an instant outcome.
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Fact checked
Staying connected is crucial and phones unfortunately don’t last forever. If you don’t quite have the funds you need to purchase your ideal smartphone, you can apply for a fast and simple phone loan through Savvy. You can receive an instant outcome upon submitting your application and formal approval and funding as soon as the same day you apply. Don't let outdated technology hold you back; buy your next phone with a loan through us!
You can access a quick and straightforward small loan to buy the phone you want through Savvy. These loans are designed for a speedy application process, efficient approval, and prompt fund transfer, making them a suitable solution for meeting immediate financial needs related to acquiring a new phone.
Navigating the application process through Savvy is streamlined and user-friendly. Follow these uncomplicated steps to apply for a rapid phone loan:
Savvy provides a flexible borrowing range for phone loans through our lenders, allowing you to secure any amount between $2,050 and $5,000 (subject to meeting the required lender eligibility criteria). This versatile spectrum accommodates diverse financial needs for upgrading your phone, enabling you to choose an amount aligned with your specific requirements.
Factors such as credit score, income, existing liabilities, savings, and other relevant financial considerations impact your borrowing capacity. Recognise that the amount you can borrow varies based on your unique financial situation. Additionally, your income must come from one or more jobs with stable pay and hours and/or eligible Centrelink payments.
Acquiring funds for your phone is a straightforward process, with the potential for fast formal approval and fund release on the same day, possibly within one hour of application. Approval is contingent on your application meeting all necessary lender criteria and successfully passing required assessments. It's important to remember that the speed of your application's approval can be influenced by various factors:
No matter the time of day or week, you can complete your small loan application with us online.
You can receive an outcome in 60 seconds and, if successful, have your money sent in just one hour.
We're partnered with reputable Australian lenders to bring you greater peace of mind when applying for your small loan.
Disclaimer:
The information on this website is of general nature and does not take into consideration your objectives, financial situation or needs.
For loans between $2,050 and $5,000, the APR is between 21.24% (minimum) and 48% (maximum) per annum. Comparison rate of 65.4962%. Minimum term is 16 days and maximum term is 24 months. The cost of the loan is a $400 establishment fee and monthly interest charged on the amount borrowed. For example, a loan of $3,000 over 3 months with an APR of 48%, (comparison rate of 65.4962%), will have an establishment fee of $400, monthly repayments of $1,225.20. Total repayments of $3,675.60 and total interest payment of $275.60.
Warning: A comparison rate indicates the true cost of a loan. Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
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