How it works

We’ve made applying to borrow money straightforward with an online application process.

Get Started
Step 1

Complete Online Form

It will typically take less than 10 minutes to complete an application. During the process we verify your identity, contact details and review your bank statements to check affordability using trusted third party providers.

Credit assessment and responsible lending criteria and inquiries will apply to all applications.

Step 2

Initial Response in 60 seconds

Once you’ve completed your application, our smart online decision platform analyses your application and verification checks, and will generally be able to either approve, decline or refer your application to one of our ending specialists within 60 seconds, provided all information is supplied.

Credit assessment and responsible lending criteria and inquiries will apply to all applications.

Step 3

Finalise your loan details

Once you’ve been approved, we will send you an email with a link to finalise your loan details (this typically only takes a couple more minutes). So, you can check you’re happy with the loan amount, repayment frequency, contract term and regular repayment amount.

Step 4

Sign contract electronically

We’ll send you an electronic contract via email for you to sign. Read it over, and when you're ready just 'click' to sign it and send it back to us.

Step 5

Get paid

Once we have your signed contract, we'll deposit the funds via direct debit into your bank account. If you're consolidating debts, we'll settle those directly with your existing finance providers. Simple as that.

THORN FINANCE TERMS AND CONDITIONS: Responsible lending criteria, terms and conditions apply. Interest rate 9.95% p.a. - 22.95% p.a. variable, determined by credit risk. Mandatory fees: account fee of $3.25 a month (other payment frequencies available), $75 to be paid up front or capitalised over the contract term. Rates and fees may change. Other non-mandatory fees and charges may also apply. Minimum term 12 months. Maximum term 60 months. Security and vehicle insurance may also be required.

Supplementary terms for debt consolidation loans only: interest rate 0% p.a. fixed for first 6 months (at the end of that period, the applicable interest rate for the remaining term of your loan will be 9.95% p.a. – 22.95% p.a. variable determined by credit risk); repayments are spread evenly across the full term of the agreement so the first 6 months payments are principal only, then principal and interest for the remaining term; no establishment fee.