📢 We continue to expand our marketplace with additional lenders, giving you the opportunity to access personal loans from $500 to $50,000 and beyond! Apply now and discover why more than 70,000 people rely on dollarbid.com.au as their trusted source of fast hassle-free funds.💰
👉 Consolidate debt, buy a car, or just get some quick cash - we can help!
Apply now to find out which lender will approve and fund your loan today. 💵
As we don't perform a credit check you have nothing to lose by applying!
Get lenders to bid for your dollar!
If you need quick cash we can help! We’re Australia’s newest small, medium & large personal loan marketplace where lenders actually bid against each other to lend you money.
APPLICATION
OF LENDERS
UNSECURED LOANS
APPROVALS
Loan Marketplace
Get connected with lenders that want to help you!
Whether you’re in a bind or just need a quick financial fix it’s hard to know where to turn these days.
With so many lenders out there promising the world you’d think it would be easy to get a personal loan.
The truth is most lenders only want to deal with AAA-grade customers - this means the bulk of applications get declined and rejected!
To make matters worse they'll often mark your credit file when you apply, making it even harder for you to get approved by another lender.
It’s no wonder people get stressed out !!
But stress no more 😊 because at DollarBid.com.au we’ve flipped personal lending on its head!
You see, we believe there should be a lender out there for everyone and every situation. That’s why we've set up Australia's newest small, medium & large personal loan marketplace - to connect you with lenders that actually want to lend you money!
The way it works is simple...
Just complete our simple online application form, sharing a few basic details about yourself and the loan you want.
Next up, you'll be asked to connect with your online bank via our secure portal and share your most recent bank statements.
✨ This is where the magic happens…
Your loan request now gets submitted into our AI powered marketplace, where it is assessed and data-matched against our extensive panel of motivated lenders.
Once the selected lenders have reviewed your details, they will bid against each other for the exclusive right to work with you and lend you the money. (Applying takes 5 min and your credit file is not marked!)
Only lenders that want your business will bid for it. And with over 100 lenders in the marketplace we’re confident you'll be connected with a lender that can get the deal done!
Apply online today and you could have your funds in 24 hours.
Easy as ABC
AAPPLY
BBIDDING
CCOLLECT
Your Loan Options
At DollarBid.com.au we’ve created an online marketplace that connects you with 100s of motivated lenders who want to help.
Whether you’re looking to borrow $500 or as much as $50,000 [or more] our lenders are ready to compete for your business.
👉 To get started, simply complete our Online Application ...then let the bidding begin!
Once approved you could have your funds within just 24 hours.
Rest assured, you’ll always get a clear breakdown of all fees before you confirm your loan, however here's a quick guide;
SMALL LOANS
Small Amount Credit Contracts (SACC)
- Loan Amount: $500 - $2,000
- Est. Fee: 20% of loan
- Monthly Account Fee: 4% of loan amount
- Loan Term: 30 days to 12 months
- Actual loan term may vary depending on approved amount and your individual circumstances.
MEDIUM LOANS
Medium Amount Credit Contracts (MACC)
- Loan Amount: $2,001 - $5,000
- Est. Fee: $400 flat fee
- Annual Interest Rate: 48% per annum
- Loan Term: 30 days to 24 months
- Actual loan term may vary depending on approved amount and your individual circumstances.
LARGE LOANS
Personal Loans
(Unsecured & Secured)
- Loan Amount: $5,001 - $50,000
- Est. Fee: from $0
- Annual Interest Rate: from 6.75% per annum
- Loan Term: 18 - 84 months
- Actual loan term may vary depending on approved amount and your individual circumstances.
IMPORTANT: Maximum allowable rates & fees under the National Credit Act have been shown for SACC & MACC loans, however some lenders may choose to charge less than this amount.
DollarBid.com.au is an online platform that connects you to personal loan providers. We are not a credit provider (lender) and as such do not make any offer or recommendation about loan products available through this website. If you decide to accept an offer for your loan you should confirm all the relevant product information with your selected bidder (credit provider) and consider whether the advice meets your needs, before you decide. We do not guarantee you will get a loan by using our platform. For further details refer to our terms and conditions.
Small Loan Example:
Loan Amount: $1,200
Loan Term: 6 months
Total Costs: $528
Total Repayable: $1,728
Weekly Payments: $66
Medium Loan Example:
Loan Amount: $4,000
Loan Term: 12 months
Total Costs: $1,626
Total Repayable: $5,626
Weekly Payments: $108
Large Loan Example:
Loan Amount: $30,000
Loan Term: 60 months
Total Costs: $11,279
Total Repayable: $41,279
Weekly Payments: $158
Loans For Any Reason
Bills / Debts
Lifestyle
Vehicles
Other
Your Questions Answered
To be eligible for a loan you need to be receiving income into your bank account.
Some of our marketplace lenders will consider loans for people on Centrelink, Pensions or any other Government benefits, however lenders will always need to assess you can afford to repay the loan.
Applying online is quick and easy and we don't perform any credit checks (no marks on your credit file!) so you have nothing to lose by applying.
Loans start from as little as $500 up to $50,000.
The amount you will be approved for is based on the lender’s assessment of your situation and what they determine you can afford to repay. Each lender has its own unique assessment process and lending criteria, with factors such as your income, expenses and general account conduct being important factors.
Remember, what makes us different is only lenders that want your business will bid for it. And with over 100 lenders in the marketplace we’re confident you'll be connected with a lender that can help you.
As part of the application process you will need to provide details such as your name, address, phone number and income or employment details.
You will also need to connect to your online banking to enable your most recent bank statements to be uploaded into our secure portal. This allows the lenders to review and verify your financial situation.
Our platform does not perform any credit checks so you have nothing to lose by applying as your credit file will not get marked.
Click on any APPLY NOW link to be taken to our simple 2-step application form. (Takes approx. 5 mins to complete)
The first step is to share a few basic details about yourself and the loan you want, then you'll be asked to connect to your online banking and send us your most recent bank statements via our encrypted portal.
Your loan request is then submitted into our 'Marketplace’, where it will be reviewed by our extensive panel of motivated lenders.
Once the lenders have reviewed your details, they will bid against each other for the exclusive right to work with you and approve and fund your loan.
The whole process is automated and you will receive an answer via email and text within minutes of applying. If successful your bidding lender will contact you directly to process your loan. Once finalised you can expect to get your funds with 24 hours.
Only lenders that want your business will bid for it. And with over 100 lenders in the marketplace we’re confident you'll be connected with a lender that can get the deal done!
No. Your credit file will not be marked as part of our process so you have nothing to lose by applying.
Once you've been connected to a lender in our marketplace, a credit check may be performed only if you decide to accept their offer and proceed with the loan.
If you think you have a default on your file or a poor credit score don’t stress - credit history is only one part of the loan assessment and many of our lenders can still help you depending on the circumstances.
Note: If you are Bankrupt, have a Part 9 Debt Agreement or Part 10 Personal Insolvency Agreement in place, or have multiple recent defaults, your loan application will most likely be declined.
If your application is successful the bidding lender will contact you directly to process your loan.
Once approved, you can expect to receive your loan funds in your nominated bank account within 24 hours.
Please send all enquiries to info@dollarbid.com.au or use our online Contact Form and we will get back to you as soon as possible.