Computer Financing

Apply for computer financing through Savvy today and enjoy instant outcomes on loans up to $5,000.

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Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on December 11th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

$2100
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$500
$50,000


Paid in 60 mins if approved*
Written by 
Savvy Editorial Team
Savvy's content writing team are professionals with a wide and diverse range of industry experience and topic knowledge. We write across a broad spectrum of finance-related topics to provide our readers with informative resources to help them learn more about a certain area or enable them to decide on which product is best for their needs with careful comparison. Meet the team behind the operation here. Visit our authors page to meet Savvy's expert writing team, committed to delivering informative and engaging content to help you make informed financial decisions.
Our authors
, updated on December 11th, 2023       

Fact checked

At Savvy, we are committed to providing accurate information. Our content undergoes a rigorous process of fact-checking before it is published. Learn more about our editorial policy.

In the digital age, a reliable computer is a necessity. If you don’t quite have the funds you need for your next system, computer financing through Savvy can help you ensure you stay connected. Whether you need one for work or play, apply for computer financing through us and receive an instant outcome and approval as soon as the same day you apply. Don't let financial barriers disrupt your digital life; apply with Savvy today!

How do I get computer financing?

You can obtain a fast and straightforward small loan to finance your new computer or upgrade your tech, conveniently arranged through Savvy. Tailored for quick application, approval, and fund transfer, these loans suit urgent needs or unexpected tech requirements.

Savvy streamlines the application process for a computer financing loan, ensuring a user-friendly experience. Follow these simple steps to apply for a speedy computer financing loan:

  1. Fill out our application form, providing details about yourself, including credit score, income, employment, and more.
  2. Submit your application and swiftly receive an instant, automated outcome from our network of lenders.
  3. If conditionally approved, your application undergoes assessment by your designated lender, potentially requiring additional documentation.
  4. Upon the lender's satisfaction, you'll receive formal approval and loan documents outlining terms, fees, repayment schedule, and other relevant details.
  5. After signing and returning the documents, your funds will be promptly transferred to your nominated account.

How much can I borrow with computer financing through Savvy?

Computer financing options come with a versatile borrowing range, allowing you to secure a little cash loan of between $2,050 and $5,000 through Savvy, subject to meeting the required lender eligibility criteria. This adaptable spectrum caters to diverse financial needs for your computer purchase, empowering you to choose an amount tailored to your specific requirements.

The amount you can borrow varies based on your unique financial situation, ensuring a personalised approach based on individual circumstances. Your borrowing capacity is influenced by factors such as credit score, income, existing liabilities, savings, and other relevant financial considerations. Additionally, your income must come from one or more jobs with stable pay and hours and/or eligible Centrelink payments.

How long will it take to receive my computer financing funds?

Applying for computer or laptop financing is a swift and efficient process, offering the potential for formal approval and fund release on the same day, potentially within one hour. However, approval is subject to your application meeting all necessary lender criteria and successfully passing required assessments. Keep in mind that the speed of your application's approval can be influenced by various factors:

  • The complexity of your application, taking into account factors such as defaults and the stability of your income in the lead-up to needing immediate emergency cash.
  • Your lender's processing time, determining how quickly they can assess your application.
  • The timing of your application submission, with applications outside business hours awaiting your lender's resumption of formal assessment.

Why apply for a small loan with Savvy?

Frequently asked questions about computer financing

Can I qualify for computer financing even if I have a bad credit history?

Yes – you can qualify for computer financing even with a bad credit history, provided you pass all the required eligibility checks with your lender. Traditional lenders may focus heavily on credit scores, but lenders offering computer financing consider a broader range of factors. They assess your current financial standing, making computer financing accessible despite a less-than-ideal credit history.

Is early repayment allowed for computer financing?

Yes – early repayment is allowed for computer financing. As is the case with all quick payday loans, computer financing comes without early repayment penalties. This means paying off your loan early will help you save money overall.

Am I able to use the funds from my computer financing for purposes beyond the computer?

Yes – beyond the primary purpose of buying a computer, you can use the funds from your loan however you like. Whether you choose to cover additional expenses or allocate the remaining funds elsewhere, such as towards your lifestyle or even something like an engagement ring, the decision is yours. However, it's essential to note that certain restrictions apply to the use of these funds, such as settling other small loans or engaging in prohibited activities like gambling.

How much will my computer financing cost?

Your computer loan costs mainly involve the establishment fee (capped at $400) and monthly fees (capped at 48% of your loan’s total value per year). The precise amount you pay is subject to various factors, including:

  • The loan amount
  • Your loan term (between 16 days and two years)
  • Your chosen repayment schedule (weekly, fortnightly or monthly)
  • Whether you make additional repayments
  • The impact of potential conditional fees, such as late repayment or dishonour fees

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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.